Civic Intelligence

Friends of Reed

EIN 80-0293171 • 501(c)3 • Valley Village, CA

Profile

Friends of Reed is formed for the purpose of enhancing opportunity and education for the students, staff, and families of Walter Reed Middle School in the Los Angeles Unified School District, including the small learning communities (SLCs) of Technology, Culinary, Environmental, Humanities, IHP, et al., by raising and disbursing funds to enrich the class and campus learning experience, including without limitation providing equipment, staffing, and funding other related matters of development.

PO Box 4558Valley Village, CA 91617

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

41st percentile

-1.5%

Higher net margin than 41% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

47th percentile

-3.8%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

55th percentile

1.7%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$63,682

Down $2,543 (-3.8%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$63,682

Down $2,543 (-3.8%) from 2024

Operations
Liabilities / Revenue62nd percentileNet Margin41st percentile

Revenue

Up

$158,667

Up $2,628 (+1.7%) from 2024

Expenses

Up

$161,089

Up $19,416 (+14%) from 2024

Net Income

Down

-$2,422

Down $16,788 (-117%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth47th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100KAssets 2012: $25,548Net Assets 2012: $25,5482012Assets 2013: $41,045Liabilities 2013: $3,7132013Assets 2014: $52,573Liabilities 2014: $2,676Net Assets 2014: $49,8972014Assets 2015: $51,476Liabilities 2015: $3,808Net Assets 2015: $47,6682015Assets 2016: $182Liabilities 2016: $1,955Net Assets 2016: -$1,7732016Assets 2017: $22,805Liabilities 2017: $22,000Net Assets 2017: $8052017Assets 2018: $133,709Liabilities 2018: $0Net Assets 2018: $133,7092018Assets 2019: $204,073Liabilities 2019: $0Net Assets 2019: $204,0732019Assets 2020: $22,484Net Assets 2020: $22,4842020Assets 2021: $45,073Net Assets 2021: $45,0732021Assets 2022: $50,655Net Assets 2022: $50,6552022Assets 2023: $51,859Liabilities 2023: $0Net Assets 2023: $51,8592023Assets 2024: $66,225Liabilities 2024: $0Net Assets 2024: $66,2252024Assets 2025: $63,682Liabilities 2025: $0Net Assets 2025: $63,6822025

Highlighted filing

2025

Assets$63,682
Liabilities$0
Net Assets$63,682
Open 2025 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $66,558Expenses 2012: $47,494Net Income 2012: $19,0642012Revenue 2013: $74,496Expenses 2013: $62,414Net Income 2013: $12,0822013Revenue 2014: $117,987Expenses 2014: $105,821Net Income 2014: $12,1662014Revenue 2015: $147,799Expenses 2015: $143,323Net Income 2015: $4,4762015Revenue 2016: $111,406Expenses 2016: $160,847Net Income 2016: -$49,4412016Revenue 2017: $347,894Expenses 2017: $345,316Net Income 2017: $2,5782017Revenue 2018: $540,565Expenses 2018: $403,615Net Income 2018: $136,9502018Revenue 2019: $447,404Expenses 2019: $379,504Net Income 2019: $67,9002019Revenue 2020: $34,142Expenses 2020: $54,960Net Income 2020: -$20,8182020Revenue 2021: $34,167Expenses 2021: $11,578Net Income 2021: $22,5892021Revenue 2022: $185,537Expenses 2022: $179,955Net Income 2022: $5,5822022Revenue 2023: $168,473Expenses 2023: $167,268Net Income 2023: $1,2052023Revenue 2024: $156,039Expenses 2024: $141,673Net Income 2024: $14,3662024Revenue 2025: $158,667Expenses 2025: $161,089Net Income 2025: -$2,4222025

Highlighted filing

2025

Revenue$158,667
Expenses$161,089
Net Income-$2,422
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$63,682
Liabilities
$0
Net assets
$63,682
Revenue
$158,667
Expenses
$161,089
Net income
-$2,422
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.00$0.64$1.59$1.61$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.00$0.66$1.56$1.42$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.00$0.52$1.68$1.67$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.51$1.86$1.80$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.45$0.34$0.12$0.23
2020Detailed filing. Detailed filing data is available for this year.$0.22$0.22$0.34$0.55$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.00$2.04$4.47$3.80$0.68
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.00$1.34$5.41$4.04$1.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.22$0.01$3.48$3.45$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.02$1.11$1.61$0.49
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.04$0.48$1.48$1.43$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.03$0.50$1.18$1.06$0.12
2013Summary only. Only limited summary data is available for this year.$0.41$0.04$0.74$0.62$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.26$0.67$0.47$0.19
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.0
Gross Receipts
$34,167
Mission and Program Overview

Mission

Friends of Reed is formed for the purpose of enhancing opportunity and education for the students, staff, and families of Walter Reed Middle School in the Los Angeles Unified School District, including the small learning communities (SLCs) of Technology, Culinary, Environmental, Humanities, IHP, et al., by raising and disbursing funds to enrich the class and campus learning experience, including without limitation providing equipment, staffing, and funding other related matters of development.

Friends of reed is a non-profit 501(c)(3) volunteer organization that exists to support enrichment for the students and staff at walter reeed middle school(wrms) through fundraising programs and events

Program Services

DescriptionGrantsExpenses
PROGRAM SERVICE ACCOMPLISHMENTS FOR THE FISCAL YEAR ENDEND 6-30-2020 INCLUDED PROVIDING SUBSIDIES TO FUND TEACHER STAFFING COSTS NOT FUNDED THROUGH THE LOS ANGELES UNIFIED SCHOOL DISTRICT DUE TO FUNDING CONSTRAINTS, FUNDING CAMPUS WIDE TECHNOLOGY NEEDS, FUNDING THE SMALLER LEARNING COMMUNITIES NEEDS OF THE SCHOOL SUCH AS TEACHER STIPENDS FOR SUPPLIES, THE ART DEPARTMENT AND CERTAIN ADMINISTRATIVE COSTS SUCH AS INSURANCE FOR EVENTS ON CAMPUS, PRINTING, REPAIRS & MAINTENANCE--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PARISA STEPANEKPresident-$0--
JENNIFER COWGILLSecretary-$0--
JOY KUHLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Friends of Reed
EIN
80-0293171
Phone
2487674323
Address
PO BOX 4558, VALLEY VILLAGE, CA 91617

Signing Officer

Name
Parisa Stepanek
Title
President
Signed
2022-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Business Financial Management Services
Address
2600 W Olive Ave Ste 500, Burbank, CA 91505
Preparer
Nancy Gakere CPA
Phone
3104297828
Supplemental Narrative

Additional Explanations

Other Expenses.1

“FUNDRAISING $3816”

Other Expenses.2

“INSURANCE $3190”

Other Expenses.3

“COMMUNICATIONS $1200”

Other Expenses.4

“Dues & subscriptions $990”

Other Expenses.5

“LEGAL SERVICES $860”

Other Expenses.6

“BANK FEES $782”

Other Expenses.7

“Taxes & govt filings $610”

Other Expenses.8

“CLASSROOM $130”

Raw XML Appendix148 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOY KUHL
IRS990EZ/BooksInCareOfDetail/PhoneNum08188171050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 4458
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALLEY VILLAGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091607
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022484
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt045073
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt034167
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt022589
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022484
IRS990EZ/Form990TotalAssetsGrp/EOYAmt045073
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt034167
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022484
IRS990EZ/NetAssetsOrFundBalancesEOYAmt045073
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022484
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt045073
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PARISA STEPANEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JENNIFER COWGILL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOY KUHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011578
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FRIENDS OF REED IS A NON-PROFIT 501(C)(3) VOLUNTEER ORGANIZATION THAT EXISTS TO SUPPORT ENRICHMENT FOR THE STUDENTS AND STAFF AT WALTER REEED MIDDLE SCHOOL(WRMS) THROUGH FUNDRAISING PROGRAMS AND EVENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROGRAM SERVICE ACCOMPLISHMENTS FOR THE FISCAL YEAR ENDEND 6-30-2020 INCLUDED PROVIDING SUBSIDIES TO FUND TEACHER STAFFING COSTS NOT FUNDED THROUGH THE LOS ANGELES UNIFIED SCHOOL DISTRICT DUE TO FUNDING CONSTRAINTS, FUNDING CAMPUS WIDE TECHNOLOGY NEEDS, FUNDING THE SMALLER LEARNING COMMUNITIES NEEDS OF THE SCHOOL SUCH AS TEACHER STIPENDS FOR SUPPLIES, THE ART DEPARTMENT AND CERTAIN ADMINISTRATIVE COSTS SUCH AS INSURANCE FOR EVENTS ON CAMPUS, PRINTING, REPAIRS & MAINTENANCE
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt011578
IRS990EZ/TotalRevenueAmt034167
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt034167
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt034142
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0447204
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0515513
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0515513
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt034167
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt034142
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0447204
IRS990ScheduleA/Total509Grp/TotalAmt0515513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt034167
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt034142
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0447204
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0515513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING $3816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE $3190
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMMUNICATIONS $1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUES & SUBSCRIPTIONS $990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LEGAL SERVICES $860
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES $782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TAXES & GOVT FILINGS $610
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CLASSROOM $130
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.8
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PARISA STEPANEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS OF REED
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0800293171
ReturnHeader/Filer/PhoneNum02487674323
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 4558
ReturnHeader/Filer/USAddress/CityNm0VALLEY VILLAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091617
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954623161
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Business Financial Management Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02600 W Olive Ave Ste 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Burbank
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091505
ReturnHeader/PreparerPersonGrp/PhoneNum03104297828
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nancy Gakere CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-12T18:59:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PARISA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STEPANEK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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