Friends Of Third Street School
- Assets
- $260.6k
- Revenue
- $605.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 05/1986
- Data as of
- 06/2022
- EIN
- 95-3914116
Organization Overview
Friends Of Third Street School is located in Los Angeles, CA. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Third Street School 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 06/2022, Friends Of Third Street School generated $605.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $585.4k during the year ending 06/2022. While expenses have increased by 8.8% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES SERVICES AND BENEFITS TO THE VARIOUS CONSTITUENCIES OF THIRD STREET SCHOOL, INCLUDING PARENTS, STUDENTS, TEACHERS, VENDORS AND OTHERS IN THE LOCAL COMMUNITY, WITHOUT WHOSE SUPPORT, THE SCHOOL AND THE ORGANIZATION WOULD NOT BE SUCCESSFUL. MANY OF THE VARIOUS PROGRAMS ARE DESCRIBED IN SUFFICIENT DETAIL IN THIS EXEMPT ORGANIZATION RETURN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PAYS FOR A SCHOOL SAFETY AIDE AND PHYSICAL EDUCATION TEACHER AS WELL AS PLAYGROUND SUPPLIES, GARDEN EXPENSES, SAFETY AND CAMPUS BEAUTIFICATION.
THE ORGANIZATION PAYS THE COST OF ONE INSTRUCTOR TO TEACH COMPUTER APPLICATONS TO STUDENTS K-5 AS WELL AS THE COST OF COMPUTER EQUIPMENT AND COMPUTER LAB EXPENSES.
THE ORGANIZATION REIMBURSES CLASSROOM TEACHERS UP TO $700 PER TEACHER PER YEAR FOR EXPENSES INCURRED BY THEM FOR THEIR CLASSROOMS AND PROVIDES A DISCRETIONARY FUND TO THE PRINCIPAL THROUGH DONATIONS TO LAUSD EARMARKED FOR THE SPECIAL NEEDS OF THE SCHOOL. IN ADDITION THE ORGANIZATION PAYS LAUSD TO PARTIALLY COVER THE SALARY OF A VICE PRINCIPAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali Zerden Exec Chair | Trustee | 5 | $0 |
Alisha Ranen Co President | OfficerTrustee | 5 | $0 |
Melissa Wooley Co President | OfficerTrustee | 5 | $0 |
Sarah Frank Meltzer Co President | OfficerTrustee | 5 | $0 |
Jesse Cox Secretary | OfficerTrustee | 5 | $0 |
Patrick Daniel Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,858 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,858 |
| Total Program Service Revenue | $0 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $522,105 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $604,999 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,470 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,390 |
| All other expenses | $311,343 |
| Total functional expenses | $585,407 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,622 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $260,622 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $260,622 |
| Total liabilities and net assets/fund balances | $260,622 |