Liabilities / Assets
7th percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
7th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
7th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
12th percentile
Higher net margin than 12% of similar nonprofits.
Top Officer Pay
21st percentile
Higher top officer pay than 21% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Assets
Up$6,287,812
Up $991,795 (+19%) from 2019
Net Assets
Up$6,287,812
Up $991,795 (+19%) from 2019
Liabilities
Flat$0
Flat from 2019
Revenue
Down$556,297
Down $367,804 (-40%) from 2019
Expenses
Up$698,498
Up $247,659 (+55%) from 2019
Net Income
Down-$142,201
Down $615,463 (-130%) from 2019
SEE SCHEDULE O
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $5,296,017 | $6,287,812 | ▲ $991,795 |
| Investments in Publicly Traded Securities | $3,163,084 | $2,721,611 | ▼ $441,473 |
| Savings and Temporary Cash Investments | $187,454 | $409,835 | ▲ $222,381 |
| Cash and Non-Interest-Bearing Accounts | $0 | $0 | → $0 |
| Accounts Receivable | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Land, Buildings, and Equipment, Net | $0 | $0 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $5,296,017 | $6,287,812 | ▲ $991,795 |
| Other Assets Total | $1,945,479 | $3,156,366 | ▲ $1,210,887 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $0 | $0 | → $0 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $5,296,017 | $6,287,812 | ▲ $991,795 |
| Total Liabilities and Net Assets / Fund Balance | $5,296,017 | $6,287,812 | ▲ $991,795 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Assets Org | $91,432 | - | - |
| Name | Title |
|---|---|
| Carl V Labarbera | President, Other Trustee |
| Alvin Sanders | Managing Trustee |
| Larry Acosta | Managing Trustee |
| Revelle R Labarbera | Other Trustee |
| Robin L Labarbera | Secretary, Other Trustee |
| Kenneth J Anderson | Treasurer, Managing Trustee |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 1 | $202,720 | Avg Hi/lo |
| Total Noncash Contributions | 1 | $202,720 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $634,000 |
| Other Expenses | $64,498 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $634,000 | - | - | $634,000 |
| Fees for Service Investment Mgmnt Fees | - | $10,771 | - | $10,771 |
| Fees for Services Accounting | - | $10,600 | - | $10,600 |
| All Other Expenses | - | $8,349 | - | $8,349 |
| Interest | - | $2,133 | - | $2,133 |
| Conferences and Meetings | $1,574 | - | - | $1,574 |
| Insurance | - | $975 | - | $975 |
| Office Expenses | - | $312 | - | $312 |
| Other Expenses | - | $21 | - | $21 |
| Total Functional Expenses | $635,574 | $62,924 | $0 | $698,498 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| World Impact | Los Angeles, CA | 3 | Financial Support and Home Building | $360,000 |
| National Christian Foundation | Alpharetta, GA | 3 | Leadership Training | $161,750 |
| City to City | New York, NY | 3 | Financial Support | $11,000 |
| Grace Church | Palo Alto, CA | 3 | Leadership Training | $10,000 |
| Opportunity Schools | Seattle, WA | 3 | Financial Support | $10,000 |
| Salvation Army | Alexandria, VA | 3 | Food Distribution | $10,000 |
| Second Harvest Food Bank | Irvine, CA | 3 | Food Distribution | $10,000 |
| Union Rescue Mission | Los Angeles, CA | 3 | Food Distribution | $10,000 |
| Urban Youth Workers Institute | Santa Ana, CA | 3 | Leadership Training | $10,000 |
| Youth With a Mission | Madison, WI | 3 | Home Building | $10,000 |
| Biola University | La Mirada, CA | 3 | Financial Support | $8,250 |
| Rocky Peak | Chatsworth, CA | 3 | Home Building | $7,000 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $0 |
| Fundraising Gross Income | $0 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| Aspiriant Llckenneth J Anderson | Treasurer | Professional Fees | No | $21,371 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“THIS TRUST IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE,RELIGIOUS, AND EDUCATIONAL PURPOSES WHICH MEET THE REQUIREMENTS FOR EXEMPTION AND WHICH CONSTITUTE PUBLIC CHARITABLE PURPOSES UNDER STATE LAW BY CONDUCTING AND SUPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS, AND/OR TO CARRY OUT THE PURPOSES (COLLECTIVELY THE "QUALIFIED PURPOSES") OF THE CLASS OF ORGANIZATIONS ("QUALIFIED ORGANIZATIONS")ORGANIZED UNDER SECTIONS 501(C)(3), 509(A)(1), AND 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986. THIS TRUST SHALL BE SUPERVISED OR CONTROLLED IN CONNECTION WITH ONE OR MORE QUALIFIED ORGANIZATIONS WITHIN THE SUPPORTED CLASS. ORGNIZATIONS WHICH SUPPORT, PROMOTE AND/OR PERFORM EDUCATIONAL AND/OR CHRISTIAN OBJECTIVES, INCLUDING BUT NOT LIMITED TO CHRISTIAN EVANGELISM, ACTS OF SERVICE, EDIFICATION AND STEWARDSHIP (ALL OF SUCH ORGANIZATIONS COLLECTIVELY BEING THE "SUPPORTED CLASS"). WITHIN THE SUPPORTED CLASS, THE TRUST MAY SUBSTITUTE QUALIFIED ORGANIZATIONS, BENEFIT NEW OR ADDITIONAL QUALIFIED ORGANIZATIONS, AND VARY THE AMOUNT OF ITS SUPPORT AMONG QUALIFIED ORGANIZATIONS, IN ANY MANNER CONSISTENT WITH TREASURY REGULATIONS AND INTERNAL REVENUE SERVICE PRONOUNCEMENTS. The Trust's Managing Trustees are also officers and/or directors of charitable organizations that are supported by the Trust. Alvin Sanders is President of World Impact Inc., Larry Acosta is past President of Hispanic Ministry Center Inc. DBA Urban Youth Workers Institute, and Director of City to City Los Angeles. Ken Anderson is a lay leader at the Church at Rocky Peak. FORM 990, PART VI, LINE 2 - RELATED PARTY INFORMATION AMONG OFFICERS ROBIN L. LABARBERA CARL V. LABARBERA SECRETARY PRESIDENT SPOUSE KENNETH J. ANDERSON CARL V. LABARBERA TREASURER PRESIDENT FINANCIAL ADVISOR KENNETH J. ANDERSON ROBIN L. LABARBERA TREASURER SECRETARY FINANCIAL ADVISOR FORM 990, PART VI, LINE 9 - OFFICERS WHO CANNOT BE REACHED Alvin Sanders 11100 Santa Monica Blvd. #600 Los Angeles, CA 92618 LARRY ACOSTA 2321 E. 4TH STREET, SUITE C607 SANTA ANA, CA 92705 FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COPY OF THE FORM 990 IS DISTRIBUTED TO AND REVIEWED BY ALL TRUSTEES BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY THE OFFICERS ARE PROVIDED ON AN ANNUAL BASIS WITH A CONFLICT OF INTEREST CHECKLIST IN ORDER TO ENSURE THAT THEY ARE IN COMPLIANCE. EACH OFFICER VERIFIES THEIR COMPLIANCE/NONCOMPLIANCE WITH THEIR SIGNATURE. FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL NOT APPLICABLE: NO COMPENSATION HAS BEEN PAID IN 2020. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS NOT APPLICABLE: NO COMPENSATION HAS BEEN PAID IN 2020. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST.”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 0 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | SEE SCHEDULE O |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 0 |
| IRS990/AllOtherContributionsAmt | 0 | 202720 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8349 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 8349 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ASPIRIANT LLC |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3108064000 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 11100 SANTA MONICA BLVD 600 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90025 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | true |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | true |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 1574 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1574 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 202720 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 634000 |
| IRS990/CYInvestmentIncomeAmt | 0 | 352507 |
| IRS990/CYOtherExpensesAmt | 0 | 64498 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1070 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -142201 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 698498 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 556297 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 0 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 0 |
| IRS990/Desc | 0 | The Trust provides financial support for the people and programs of its largest supported 501(c)(3) organization that serve America's urban poor, World Impact, Inc. $360,000 was distributed to World Impact to support its Christian programs, missionaries, and teachers. Organizations similar in mission to World Impact received grants as follows: HMC (UYWI) received $10,000 and City to City received $11,000. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 0 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 381000 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 10600 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10600 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 10771 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 10771 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 0.0 |
| 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/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/PersonNm | 0 | CARL V LABARBERA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | KENNETH J ANDERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ROBIN L LABARBERA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | LARRY ACOSTA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | REVELLE R LABARBERA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Alvin Sanders |
| 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/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/TitleTxt | 0 | PRESIDENT, OTHER TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER, MANAGING TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY, OTHER TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | MANAGING TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | OTHER TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | MANAGING TRUSTEE |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1998 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 0 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 294639 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GamingDirectExpensesAmt | 0 | 0 |
| IRS990/GamingGrossIncomeAmt | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantAmt | 0 | 381000 |
| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 0 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 634000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 634000 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 1393750 |
| IRS990/GrossReceiptsAmt | 0 | 1655408 |
| IRS990/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 975 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 975 |
| IRS990/IntangibleAssetsGrp/BOYAmt | 0 | 0 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 2133 |
| IRS990/InterestGrp/TotalAmt | 0 | 2133 |
| IRS990/InventoriesForSaleOrUseGrp/BOYAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 57868 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 57868 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 3163084 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2721611 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 1099111 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 0 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | SEE SCHEDULE O |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5296017 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 6287812 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 294639 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
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| IRS990/OtherExpensesGrp/Desc | 0 | ATTORNEY GENERAL |
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| IRS990/OtherExpensesGrp/Desc | 2 | LEGACY VENTURE VII - PORT. DED |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | In response to the Covid-19 Pandemic and in partnership with other Long Beach Churches, the Trust provided a matching gift to the National Christian Foundation in the amount of $132,000, providing support for 40 small inner city churches. Additionally, gifts were made for food distribution to Salvation Army $10,000, Second Harvest Food Bank $10,000, and Union Rescue Mission $10,000. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | The Trust provides financial support for 501(c)(3) organizations that provide homes for the poor in Mexico and Latin America. The Trust funded YWAM $10,000, Power Ministry $5,000, and Rocky Peak Church $7,000. The Trust provides financial support for organizations that provide Leadership Development, compassion ministry and Christian Evangelism. $10,000 funded Grace Brethren Church Long Beach. Wycliffe Bible Translators received $3,000 for its bible translation work. $1,000 supported the Govern for Impact Association. $29,750 was also gifted to the National Christian Foundation to support various ministries in this category. The Trust also provided grants to organizations that provide Christian and Values Based Education. Westmont College received $5,000 and Biola University $8,250 to fund under-represented students, as administered through their own scholarship programs. The Opportunity Schools received $10,000 for its work in teaching children with learning differences. Encompass in Vietnam received $1,000 and the Gathering $1,000. The Trust's Managing Trustees are also officers and/or directors of charitable organizations that are supported by the Trust. Alvin Sanders is President of World Impact Inc., Larry Acosta is past President of Hispanic Ministry Center Inc. DBA Urban Youth Workers Institute, and Director of City to City Los Angeles. Ken Anderson is a lay leader at the Church at Rocky Peak. Other Trustees serve on the boards of our supported organizations. Carl LaBarbera is Chairman of World Impact, and Robin LaBarbera is Secretary of Opportunity Schools. |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | PART IV, SECTION A, LINE 1 - SUPPORTED ORGANIZATIONS NOT LISTED BY NAME THIS TRUST IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES WHICH MEET THE REQUIREMENTS FOR EXEMPTION AND WHICH CONSTITUTE PUBLIC CHARITABLE PURPOSES UNDER STATE LAW BY CONDUCTING AND SUPPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS, AND/OR TO CARRY OUT THE PURPOSES (COLLECTIVELY THE "QUALIFIED PURPOSES") OF THE CLASS OF ORGANIZATIONS ("QUALIFIED ORGANIZATIONS") ORGANIZED UNDER SECTIONS 501(C)(3), 509(A)(1), AND 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986. PART IV, SECTION C, LINE 1 - HOW MANAGEMENT WAS VESTED THREE OF THE TRUST'S MANAGING TRUSTEES, WHICH REPRESENT A MAJORITY OF THE FOUNDATION'S VOTING CONTROL, ARE ALSO OFFICERS AND/OR DIRECTORS OF CHARITABLE ORGANIZATIONS THAT ARE SUPPORTED BY THE TRUST. Alvin Sanders is President of World Impact Inc., Larry Acosta is past President of Hispanic Ministry Center Inc. DBA Urban Youth Workers Institute, and Director of City to City Los Angeles. Ken Anderson is a lay leader at the Church at Rocky Peak. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION A, LINE 1 AND PART IV, SECTION C, LINE 1 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
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