Las Best
- Assets
- $11.9m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 156
- Location
- Los Angeles, CA
- Founding
- 02/1996
- Data as of
- 06/2021
- EIN
- 95-4311058
Organization Overview
Las Best is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 06/2021, Las Best employed 156 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Las Best 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 06/2021, Las Best generated $9.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $7.7m during the year ending 06/2021. While expenses have increased by 0.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LAS BEST PROVIDES FREE SUPERVISED AFTER-SCHOOL ACTIVITIES TO OVER 25,000 CHILDREN AT 198 SCHOOLS IN THE LOS ANGELES UNIFIED SCHOOL DISTRICT (LAUSD).
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAS BEST PROVIDES THE FOLLOWING SIGNIFICANT ACTIVITIES TO OVER 25,000 CHILDREN IN THE LOS ANGELES UNIFIED SCHOOL DISTRICT (LAUSD): TUTORING, PERFORMING ARTS, VISUAL ARTS, SCIENCE, LITERACY, SPORTS, FIELD TRIPS, AND SPECIAL EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Gurna President And CEO | Officer | 50 | $277,335 |
Amber Martinez Vice-Presdident Of Developmen | 40 | $143,618 | |
Kirby Chong Controller | Officer | 32 | $137,317 |
Sharon Feder Director Of Communications | 40 | $103,470 | |
Mary Odell Vice-Chair And Secretary | OfficerTrustee | 2 | $0 |
Robert L Wicke CFO | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mission School Transportation Transportation | 6/29/15 | $345,926 |
Los Angeles Unified School District Program Services | 6/29/15 | $1,724,417 |
Steven D Mocalis Financial | 6/29/15 | $109,881 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,750,611 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,260,501 |
| Noncash contributions included in lines 1a–1f | $322,798 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,011,112 |
| Total Program Service Revenue | $0 |
| Investment income | $27,686 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,062,975 |
| 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. | $649,441 |
| Compensation of current officers, directors, key employees. | $164,309 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,009,980 |
| Pension plan accruals and contributions | $50,745 |
| Other employee benefits | $886,519 |
| Payroll taxes | $185,548 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $20,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $284,284 |
| Advertising and promotion | $32,563 |
| Office expenses | $19,646 |
| Information technology | $152,702 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $21,060 |
| 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 | $12,209 |
| All other expenses | $807,725 |
| Total functional expenses | $7,689,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,008,946 |
| Savings and temporary cash investments | $5,177,947 |
| Pledges and grants receivable | $4,661,275 |
| Accounts receivable, net | $18,902 |
| 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 | $79,653 |
| 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 | $11,946,723 |
| Accounts payable and accrued expenses | $2,274,818 |
| 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 | $2,274,818 |
| Net assets without donor restrictions | $7,836,850 |
| Net assets with donor restrictions | $1,835,055 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $11,946,723 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Las Best has recieved totaling $1,388,463.
| Awarding Organization | Amount |
|---|---|
Great Public Schools Now Los Angeles, CA PURPOSE: SUMMER ENRICHMENT PROGRAM | $1,147,500 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Return To Wellness | $115,000 |
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: FOR GENERAL SUPPORT OF AFTER-SCHOOL EDUCATION AND ENRICHMENT | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $25,350 |
Danhakl Fam Foundation Los Angeles, CA PURPOSE: ADDRESS COMMUNITY NEEDS | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Nevada Culinary And Bartenders Training Fund A Trust North Las Vegas, NV | $6,674,284 | $16,437,102 |
National Test Pilot School Mojave, CA | $24,506,329 | $10,175,597 |
District Council 16 Northern California & Apprentice Training San Leandro, CA | $28,313,624 | $15,228,971 |
Seiu 503 Training Partnership Portland, OR | $26,268,019 | $3,868,415 |
Las Best Los Angeles, CA | $11,946,723 | $9,062,975 |
Codepath Org San Francisco, CA | $6,941,504 | $9,162,565 |
Neca-Ibew Electrical Training Trust Portland, OR | $14,916,871 | $7,992,939 |
Quest Scholars Program Palo Alto, CA | $18,833,898 | $9,171,706 |
E-Institute Charter School Inc Glendale, AZ | $5,349,223 | $5,255,212 |
Casa Loma College Van Nuys, CA | $6,230,067 | $6,276,144 |
Calibre Academy Inc Glendale, AZ | $11,926,641 | $5,251,509 |
Center For Caregiver Advancement Los Angeles, CA | $5,193,461 | $5,055,264 |