La Throwback Foundation
- Assets
- $19.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Venice, CA
- Founding
- 06/2019
- Data as of
- 03/2022
- EIN
- 83-1495245
Organization Overview
La Throwback Foundation is located in Venice, CA. The organization was established in 2019. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Throwback Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, LA Throwback Foundation generated $33.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $18.2k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE PUT ON A LARGE ANNUAL BEACH ULTIMATE TOURNAMENT AS A FUNDRAISER AND USE THE PROCEEDS TO SUPPORT THE GROWTH AND DEVELOPMENT OF THE SPORT OF ULTIMATE DISC. OUR PROGRAMS INCLUDE A SERIES OF FREE BEACH HAT TOURNAMENTS.WE FOUNDED A PROGRAM CALLED ULTIMATE EVERYWHERE WHICH SEEKS TO INCREASE DIVERSITY IN OUR SPORT BY ENCOURAGING PLAYERS TO TAKE THEIR REGULAR GAMES TO PARKS IN PARTS OF TOWN WHERE ULTIMATE IS NOT PLAYED, TO INVITE LOCALS TO JOIN IN, AND TO GIVE OUT ARIA DISCS (WHICH WE PROVIDE FOR FREE) TO ENCOURAGE THE DEVELOPMENT OF THE SPORT IN COMMUNITIES UNDERREPRESENTED IN THE SPORT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David William Adelson President | Officer | 0 | $0 |
Marcus John Gallagher Jones Secretary | Officer | 0 | $0 |
Devin Thomas Miller Treasurer | Officer | 0 | $0 |
Canada Gordon Director | Trustee | 0 | $0 |
Olun Riley Director | Trustee | 0 | $0 |
Victor Figueroa Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,318 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,318 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,226 |
| Total expenses | $18,226 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,863 |
| Other assets | $0 |
| Total assets | $19,863 |
| Total liabilities | $355 |
| Net assets or fund balances | $19,508 |
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