Las Best

“Form 990 is reviewed and approved by the finance committee prior to submission. A copy is then provided to each board member.”

“Each trustee, principal officer and member of a commitee with board powers shall annually sign a disclosure statement which affirms that they (a) have recieved a copy of the conflict of interest policy (b) has read and understood it (c)is in agreement with the policy and (d) understands that the organization is a charitable organization and that in order to maintain its tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. In addtion, each signatory must notify the organization should any potential conflict arise subsequent to the signing of the disclosure statement for a given year and shal file a revised disclosure statement noting the details of any such conflict.”

“The President and CEOs compensation is determined by a compensation committee within the board of directors who make use of a salary survey study or comparable postitions of responsibility in similar sized organizations.”

“Controllers Salary is based on estimated market value for services for similar sized organizations.”

“Governing documents are available for public inspection at the Administrative office of the organization in Los Angeles at the address on the front of this return.”

“In the Organizations fourth quarter of the fiscal year ended June 30, 2020, local school closures resulting fromt the COVID pandemic forced the closure of the after-school program. The Organization quickly pivoted to a smaller program that focused on the distribution of food and personal protective equipment to the community, which will be the focus of the Organization until schools and related after school programs are allowed to re-open.”

“Equipment - $106,091 - All programFundraising - $42,102 - All FundraisingMarketing - $82,842 - $910 Program, $81,572Nutrition - $14,526 - All programPerforming and Visual Arts - $66,993 - All programPrinting and Mailing - $4,381 - All management and generalScience and Literacy - $50,746 - All programSports - $3,958 - All programStaff Recognition - $7,391 - All management and generalTaxes - $217 - All management and generalTelephone - $82,862 - $74,817 Program, $8,045 management and general”