Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
990 • Fiscal year 2021 • EIN 95-4686764
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
25th percentile
Higher debt load relative to assets than 25% of similar nonprofits.
Liabilities / Revenue
57th percentile
Higher debt load relative to revenue than 57% of similar nonprofits.
Net Margin
79th percentile
Higher net margin than 79% of similar nonprofits.
Top Officer Pay
22nd percentile
Higher top officer pay than 22% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
50th percentile
Faster asset growth than 50% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Assets
Up$5,352,062
Up $465,983 (+9.5%) from 2020
Net Assets
Up$5,248,039
Up $561,442 (+12%) from 2020
Liabilities
Down$104,023
Down $95,459 (-48%) from 2020
Revenue
Up$481,819
Up $252,312 (+110%) from 2020
Expenses
Up$305,942
Up $12,984 (+4.4%) from 2020
Net Income
Up$175,877
Up $239,328 (+377%) from 2020
To provide a wide spectrum of innovative and enriching educational experiences that bring learning to life, benefit our diverse communities, and prepare our participants for success.
The primary purpose is to establish and run educational programs utilizing the resources of the los angeles county fair association. Additionally, the corporation may engage in any activities that are reasonably related to the furtherance of its stated charitable and public purpose, or any other charitable activities.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $3,454,977 | $3,892,856 | ▲ $437,879 |
| Savings and Temporary Cash Investments | $667,181 | $755,569 | ▲ $88,388 |
| Land, Buildings, and Equipment, Net | $724,491 | $694,065 | ▼ $30,426 |
| Accounts Receivable | $39,430 | $9,572 | ▼ $29,858 |
| Total Assets | $4,886,079 | $5,352,062 | ▲ $465,983 |
| Liabilities | |||
| Other Liabilities | $146,330 | $91,481 | ▼ $54,849 |
| Accounts Payable and Accrued Expenses | $53,152 | $12,542 | ▼ $40,610 |
| Total Liabilities | $199,482 | $104,023 | ▼ $95,459 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $2,810,608 | $2,842,961 | ▲ $32,353 |
| Net Assets Without Donor Restrictions | $1,875,989 | $2,405,078 | ▲ $529,089 |
| Total Net Assets Fund Balance | $4,686,597 | $5,248,039 | ▲ $561,442 |
| Total Liabilities and Net Assets / Fund Balance | $4,886,079 | $5,352,062 | ▲ $465,983 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $694,065 | $192,499 | $886,564 |
| Other Securities | $3,892,856 | - | - |
| Name | Title |
|---|---|
| Mike Beckman | Chairman |
| Heidi Gallegos | Director |
| Kathy Banuelos | Director |
| Mike Driebe | Director |
| Peter Hidalgo | Director |
| Reyna Del Haro | Director |
| Bernie Bernstein | CDC Representative |
| Ben Wong | Member |
| Jessica Clague Dehart | Member |
| Margarita Luna | Member |
| Todd Wagner | Member |
| Chris Dennis | Secretary |
| David Prenovost | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $175,361 |
| Salaries, Compensation, and Employee Benefits | $130,581 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $106,646 | $1,549 | - | $108,195 |
| Other Salaries and Wages | $84,809 | $1,905 | - | $86,714 |
| Depreciation Depletion | $28,374 | - | - | $28,374 |
| Other Employee Benefits | $26,367 | $538 | - | $26,905 |
| Payroll Taxes | $16,623 | $339 | - | $16,962 |
| Fees for Service Investment Mgmnt Fees | - | $7,721 | - | $7,721 |
| Fees for Services Accounting | - | $1,550 | - | $1,550 |
| Other Expenses | $1,398 | $4,657 | - | $1,398 |
| All Other Expenses | - | $95 | - | $95 |
| Total Functional Expenses | $269,523 | $36,419 | $0 | $305,942 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,175,745 |
| Expenses Not Reported on Form 990 | $878,893 |
| Total Expenses per Form 990 | $305,942 |
| Expenses per Audited Statements | $296,852 |
| Expenses Not Reported on Financial Statements | $9,090 |
| Other Expense Adjustments | $1,369 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Related Parties | $91,481 |
“Los angeles fair association is the sole member of the organization”
“The los angeles county fair association will ratify and approve any changes to board members or bylaws”
“The los angeles county fair association will ratify and approve any changes to board members or bylaws.”
“The organization does not have a committee with authority to act on its behalf.”
“The return was provided to and reviewed by the governing body. Each board member was given a copy of the form 990 prior to filing.”
“Each officer, director,and trustee is required to provide annual conflict of interest statements. Any possible conflicts are reviewed and resolved.”
“The organization does not compensate any of its officers,directors or trustees. The organization does not have any employees. Senior management and staff are paid directly by the los angeles county fair association. The compensation committee of the board of directors of lacfa meets on an as needed basis to review compensation of the senior management staff. The lacfa committee makes it a practice to regularly review compensation of the senior executive teams. In that regard, the lacfa committee has engaged in various benchmarking studies of compensation over the last several years through the use of expert consultants as recently as october, 2016. The executive committee of lacfa reviewed the findings and recommendations and has implemented plan adjustments according to these recommendations.”
“All governing documents, policies and financial statements are available upon request at the organization, during normal business hours”
“Sub contractors: program service expenses 105,277. Management and general expenses 1,549. Fundraising expenses 0. Total expenses 106,826. Program service fee: program service expenses 1,369. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,369.”
“The sole member of the organization is los angeles county fair association, which maintains oversight for the audit of the financial statements and selection of an independent accountant.”
“Tlc has adopted financial accounting standards board (fasb) accounting standards codification (asc) topic 740 that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Tlc would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Management believes that all tax positions taken to date are highly certain and, accordingly, no accounting adjustment has been made to the financial statements.”
“Program service fees -1,369.”
“Program service fees 1,369.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 53152 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 12542 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 39430 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 9572 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE PRIMARY PURPOSE IS TO ESTABLISH AND RUN EDUCATIONAL PROGRAMS UTILIZING THE RESOURCES OF THE LOS ANGELES COUNTY FAIR ASSOCIATION. ADDITIONALLY, THE CORPORATION MAY ENGAGE IN ANY ACTIVITIES THAT ARE REASONABLY RELATED TO THE FURTHERANCE OF ITS STATED CHARITABLE AND PUBLIC PURPOSE, OR ANY OTHER CHARITABLE ACTIVITIES. |
| IRS990/AllOtherContributionsAmt | 0 | 421611 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 95 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 95 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | JUAN SOTO |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 9098654139 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1101 W MCKINLEY AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | POMONA |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 91768 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 421611 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 60208 |
| IRS990/CYOtherExpensesAmt | 0 | 175361 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 175877 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 130581 |
| IRS990/CYTotalExpensesAmt | 0 | 305942 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 481819 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 1 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 28374 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 28374 |
| IRS990/Desc | 0 | THE BUS PROGRAM RAISES FUNDS TO UNDERWRITE THE COST OF BUS TRANSPORTATION FOR LOCAL STUDENTS TO THE LOS ANGELES COUNTY FAIR. THIS ENABLES STUDENTS AND TEACHERS TO EXPERIENCE UNIQUE LEARNING OPPORTUNITIES NOT AVAILABLE IN THE CLASSROOM. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2810608 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2842961 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 5306 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1550 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1550 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 1549 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 106646 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 108195 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 7721 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 7721 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MIKE BECKMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KATHY BANUELOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | CHRIS DENNIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | REYNA DEL HARO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MIKE DRIEBE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | PETER HIDALGO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | HEIDI GALLEGOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | DAVID PRENOVOST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | BERNIE BERNSTEIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JESSICA CLAGUE DEHART |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MARGARITA LUNA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | TODD WAGNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | BEN WONG |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | CDC REPRESENTATIVE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 481819 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 60208 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 60208 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 3454977 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 3892856 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 192499 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 724491 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 694065 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 886564 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 0 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE A WIDE SPECTRUM OF INNOVATIVE AND ENRICHING EDUCATIONAL EXPERIENCES THAT BRING LEARNING TO LIFE, BENEFIT OUR DIVERSE COMMUNITIES, AND PREPARE OUR PARTICIPANTS FOR SUCCESS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4686597 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5248039 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 385565 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1875989 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2405078 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 538 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 26367 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 26905 |
| IRS990/OtherExpensesGrp/Desc | 0 | SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 1 | BUS PROGRAM |
| IRS990/OtherExpensesGrp/Desc | 2 | TAXES AND LICENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | INSTRUCTIONAL MATERIALS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 18065 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 4657 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 5306 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 1398 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 18065 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5306 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4657 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1398 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 146330 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 91481 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 1905 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 84809 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 86714 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
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| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 16623 |
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| IRS990/PrincipalOfficerNm | 0 | MICHAEL BECKMAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE CAREER AND TECHNICAL EDUCATION CENTER (CTEC), A PROGRAM OF THE LEARNING CENTERS AT FAIRPLEX (TLC), PROVIDES A WIDE SPECTRUM OF WORKFORCE DEVELOPMENT, HANDS-ON AND TRANSFORMATIONAL PROGRAMS THAT PREPARE OUR STUDENTS FOR LONG-TERM CAREER PATHWAYS. CTEC PROVIDES VOCATIONAL SKILLS TRAINING THAT IS A SUPPLEMENT TO THE LOCAL HIGH SCHOOL CURRICULUM, TO HELP HIGH SCHOOL JUNIORS AND SENIORS STAY IN SCHOOL, GRADUATE ON TIME, GO ON TO ENTRY-LEVEL EMPLOYMENT, AND OBTAIN INDUSTRY CERTIFICATIONS, INTERNSHIPS, FORMAL JOB TRAINING OR ADDITIONAL VOCATIONAL EDUCATION. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | THE FARM FIELD TRIP PROGRAM EXPOSES STUDENTS, K-12, TO LOCAL AGRICULTURE, FARM PRACTICES, CHORES, ANIMALS, PLANTS, AND FARM ECONOMICS, BUT THEY ALSO LEARN ABOUT HISTORY, MATH, SCIENCE AND HEALTH TOPICS WHICH ARE RELEVANT TO THEIR CLASSROOM CURRICULUM. |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | TLC HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. TLC WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | PROGRAM SERVICE FEES -1,369. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | PROGRAM SERVICE FEES 1,369. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
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| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION RELIED ON THE POLICIES AND PROCEDURES OF THE LOS ANGELES FAIR ASSOCIATION A RELATED ORGANIZATION. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE J PART 1 LINE 3 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LOS ANGELES FAIR ASSOCIATION IS THE SOLE MEMBER OF THE ORGANIZATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE LOS ANGELES COUNTY FAIR ASSOCIATION WILL RATIFY AND APPROVE ANY CHANGES TO BOARD MEMBERS OR BYLAWS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE LOS ANGELES COUNTY FAIR ASSOCIATION WILL RATIFY AND APPROVE ANY CHANGES TO BOARD MEMBERS OR BYLAWS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE RETURN WAS PROVIDED TO AND REVIEWED BY THE GOVERNING BODY. EACH BOARD MEMBER WAS GIVEN A COPY OF THE FORM 990 PRIOR TO FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | EACH OFFICER, DIRECTOR,AND TRUSTEE IS REQUIRED TO PROVIDE ANNUAL CONFLICT OF INTEREST STATEMENTS. ANY POSSIBLE CONFLICTS ARE REVIEWED AND RESOLVED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION DOES NOT COMPENSATE ANY OF ITS OFFICERS,DIRECTORS OR TRUSTEES. THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES. SENIOR MANAGEMENT AND STAFF ARE PAID DIRECTLY BY THE LOS ANGELES COUNTY FAIR ASSOCIATION. THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF LACFA MEETS ON AN AS NEEDED BASIS TO REVIEW COMPENSATION OF THE SENIOR MANAGEMENT STAFF. THE LACFA COMMITTEE MAKES IT A PRACTICE TO REGULARLY REVIEW COMPENSATION OF THE SENIOR EXECUTIVE TEAMS. IN THAT REGARD, THE LACFA COMMITTEE HAS ENGAGED IN VARIOUS BENCHMARKING STUDIES OF COMPENSATION OVER THE LAST SEVERAL YEARS THROUGH THE USE OF EXPERT CONSULTANTS AS RECENTLY AS OCTOBER, 2016. THE EXECUTIVE COMMITTEE OF LACFA REVIEWED THE FINDINGS AND RECOMMENDATIONS AND HAS IMPLEMENTED PLAN ADJUSTMENTS ACCORDING TO THESE RECOMMENDATIONS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION, DURING NORMAL BUSINESS HOURS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | SUB CONTRACTORS: PROGRAM SERVICE EXPENSES 105,277. MANAGEMENT AND GENERAL EXPENSES 1,549. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 106,826. PROGRAM SERVICE FEE: PROGRAM SERVICE EXPENSES 1,369. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,369. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | THE SOLE MEMBER OF THE ORGANIZATION IS LOS ANGELES COUNTY FAIR ASSOCIATION, WHICH MAINTAINS OVERSIGHT FOR THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PART IX, LINE 11G |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | PART XII LINE 2C |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | FAIRPLEX CHILD DEVELOPMENT CENTER |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.