Los Angeles Breakfast Club is located in Los Angeles, CA. The organization was established in 1935. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Los Angeles Breakfast Club 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 12/2023, Los Angeles Breakfast Club generated $173.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $172.0k during the year ending 12/2023. While expenses have increased by 26.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE WEEKLY BREAKFAST WITH SPEAKERS AND EDUCATIONAL PROGRAMS FOR MEMBERS AND THE PUBLIC; APPROXIMATELY 123 MEMBERS AND GUESTS WEEKLY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabrina Parke Director | 6 | $0 | |
Nora Vetter President | 15 | $0 | |
Eric Kurland Vice President | 6 | $0 | |
Rich Mayerik Director | 6 | $0 | |
Shannon Watters Treasurer | 10 | $0 | |
Celeste Hong Director | 3 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,861 |
| Total Program Service Revenue | $98,192 |
| Membership dues | $34,400 |
| Investment income | $1,869 |
| Gain or Loss | $243 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $173,565 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,282 |
| Professional fees and other payments to independent contractors | $6,426 |
| Occupancy, rent, utilities, and maintenance | $14,100 |
| Printing, publications, postage, and shipping | $330 |
| Other expenses | $118,816 |
| Total expenses | $171,954 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,998 |
| Other assets | $0 |
| Total assets | $104,998 |
| Total liabilities | $0 |
| Net assets or fund balances | $104,998 |