2024-03-04T19:08:34-06:00 2023-06-30 330700332 VASQUEZ COMPANY LLP 655 N CENTRAL AVE STE 1550 GLENDALE CA 91203 990 2022-07-01 951919219 VARIETY BOYS & GIRLS CLUB VARI 3232693177 2530 CINCINNATI STREET LOS ANGELES CA 90033 DEBORAH GRAZIANO TREASURER 3232693177 2024-02-29 1 DEBORAH GRAZIANO 999009999 0 REGINA L PRINCE CPA P00576936 2138731700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z FRANK BROWN 2530 CINCINNATI STREET LOS ANGELES CA 90033 3341826 0 X WWW.VBGC.ORG X 1947 CA THE MISSION OF THE VARIETY BOYS & GIRLS CLUB (VBGC) IS TO PROVIDE INNOVATIVE AND STIMULATING ACADEMIC, LEADERSHIP AND ATHLETIC PROGRAMMING IN A SAFE AND NURTURING ENVIRONMENT TO THE UNDERSERVED CHILDREN AND FAMILIES OF BOYLE HEIGHTS. OUR VISION IS THAT ALL CHILDREN WILL HAVE AN OPPORTUNITY TO EXCEL IN SCHOOL AND CAREER AND CONTRIBUTE FULLY TO SOCIETY. 23 23 48 50 1116 0 2081302 2304967 0 0 151365 24512 0 8421 2232667 2337900 41750 30000 0 0 1144808 1352687 0 0 125794 1078539 1229833 2265097 2612520 -32430 -274620 13400471 13176053 398919 257206 13001552 12918847 X THE CORPORATION SHALL RUN, OPERATE AND CONDUCT A BOYS AND GIRLS' CLUB IN EAST LOS ANGELES, PROVIDE EDUCATIONAL, RECREATIONAL, CHARITABLE AND GUIDANCE PROGRAMS TO CHILDREN AGES 7 TO 17. 0 0 2157720 30000 THE VARIETY BOYS & GIRLS CLUB (VBGC) IS A SAFE ENVIRONMENT FOR KIDS (AGES 5 TO 17 YEARS) AND PROPELS THEM TO LEARN SOCIAL SKILLS, IDENTIFY POTENTIAL OPPORTUNITIES, AS WELL AS ACHIEVE PERSONAL, ACADEMIC, ATHLETIC AND OTHER WORTHY GOALS. VBGC PROVIDES SOCIAL, RECREATIONAL AND ATHLETIC ACTIVITIES AND COUNSELING SERVICES IN A CONTROLLED SETTING TO DISADVANTAGED YOUTHS. SINCE 1949, THE VARIETY BOYS & GIRLS CLUB HAS RESPONDED TO THE NEEDS OF CHILDREN IN THE BOYLE HEIGHTS/EAST LOS ANGELES COMMUNITY OFFERING ACADEMIC AND LEADERSHIP DEVELOPMENT PROGRAMS, TUTORING AND MENTORING, SPORTS AND AQUATICS PROGRAMS, ARTS AND CRAFTS, A COMPUTER LEARNING CENTER AND LIBRARY, SOCIAL RECREATION, COLLEGE SCHOLARSHIPS, AND SPECIAL EVENTS TO AWARD MEMBERS' ACHIEVEMENTS. FOR ALMOST 70 YEARS, VBGC HAS PROVIDED A REFUGE FOR CHILDREN WHO STRUGGLE DAILY WITH REAL LIFE CIRCUMSTANCES OF POVERTY, UNDER-RESOURCED NEIGHBORHOODS, LOW EDUCATIONAL ATTAINMENT, GANG VIOLENCE, SUBSTANCE ABUSE AND POOR HEALTH OUTCOMES. ANNUALLY, OVER 1,800 KIDS PARTICIPATE IN A PROGRAM OR SERVICE VBGC OFFERS. 2157720 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 48 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X PATRICIA SIQUEIROS 3232693177 2530 CINCINNATI STREET LOS ANGELES CA 90033 STEPHEN DEM DIRECTOR 2.00 X 0 0 0 DEBBIE GRAZIANO TREASURER 2.00 X X 0 0 0 BEN CEJA DIRECTOR 2.00 X 0 0 0 JUAN RAMOS DIRECTOR 2.00 X 0 0 0 DAVID KOHN DIRECTOR 2.00 X 0 0 0 DALE DAVISON SECRETARY 2.00 X X 0 0 0 SHAUN BARBER VICE PRESIDENT 2.00 X X 0 0 0 MICHAEL ALVAREZ JR DIRECTOR 2.00 X 0 0 0 HORTENCIA GARCIA DIRECTOR 2.00 X 0 0 0 LYNDON GOLLIN DIRECTOR 2.00 X 0 0 0 YEHUDA HAZIZA DIRECTOR 2.00 X 0 0 0 SANDY WILK DIRECTOR 2.00 X 0 0 0 GABRIEL MARQUEZ PRESIDENT 2.00 X X 0 0 0 JOHN MENCHACA CPA MS TAX DIRECTOR 2.00 X 0 0 0 JAY SWERDLOW DIRECTOR 2.00 X 0 0 0 FRANK BROWN DIRECTOR 2.00 X 0 0 0 SCOTT FORMAN DIRECTOR 2.00 X 0 0 0 STEVE GLUSKER DIRECTOR 2.00 X 0 0 0 PATRICIA GONZALEZ DIRECTOR 2.00 X 0 0 0 WILL TIAO DIRECTOR 2.00 X 0 0 0 CLARK WOODS DIRECTOR 2.00 X 0 0 0 DULCE ACOSTA DIRECTOR 2.00 X 0 0 0 ASUSENA HUEZO DIRECTOR 2.00 X 0 0 0 PATRICIA SIQUEIROS EXECUTIVE DIRECTOR 40.00 X 115000 0 14182 115000 0 14182 1 0 0 0 0 844144 1460823 2304967 71886 71886 865389 912763 -47374 -47374 -47374 91163 844144 91163 0 K-1'S FROM PARTNERSHIP 523000 6459 1116 5343 REFUNDS 900099 1962 1962 8421 2337900 0 1116 31817 30000 30000 129182 112133 14931 2118 996635 854539 124727 17369 23014 19733 2880 401 114379 112664 1143 572 89477 76720 11198 1559 47306 47306 51657 51657 71111 24944 46115 52 18977 18692 190 95 169478 166935 1695 848 148 148 2588 1035 1553 281395 277174 2814 1407 118459 116682 1185 592 OTHER PROGRAM EXPENSES 280844 280844 EVENT EXPENSE 77197 77197 DUES & SUBSCRIPTIONS 35964 25175 10789 TOY GIVE AWAYS 23497 23497 51212 40450 10675 87 2612520 2157720 329006 125794 284072 165896 25415 45108 502603 431956 71383 58829 10161785 2971386 7418627 7190399 2366178 2508520 358138 401290 2374055 2374055 13400471 13176053 238919 157206 160000 100000 398919 257206 X 8564117 8413498 4437435 4505349 13001552 12918847 13400471 13176053 -274620 191915 0 X 0 1 X 1 0 X 2830103 1678427 2112208 2081302 2304967 11007007 2830103 1678427 2112208 2081302 2304967 11007007 1704681 9302326 9619 67099 108518 77395 71886 334517 89312 57342 48000 23283 98468 316405 11657929 -19113 0.79790 0.80200 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 7,210. 2022 AMOUNT: $ 1,962. GROSS FUNDRAISING INCOME - 2018 AMOUNT: $ 89,312. 2019 AMOUNT: $ 57,342. 2020 AMOUNT: $ 40,790. 2021 AMOUNT: $ 23,283. 2022 AMOUNT: $ 91,163. K- FROM PARTNERSHIP - 2022 AMOUNT: $ 5,343. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3954776 72620 4027396 4058169 -103393 3954776 3877864 180305 4058169 1550000 2374055 -46191 3877864 550000 1000000 1550000 0.00000 1.00000 0.00000 0 0 970000 970000 7621696 350786 7270910 889883 23052 866831 680206 2597548 -1917342 7190399 BENEFICIAL INTEREST IN ASSETS HELD IN TRUST 2374055 2374055 X 2691815 191915 162000 353915 2337900 0 2337900 2774520 162000 162000 2612520 0 2612520 PART V, LINE 4: THE CLUB'S ENDOWMENT (THE ENDOWMENT) CONSISTS OF FUNDS ESTABLISHED BY DONORS TO PROVIDE FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS. PART X, LINE 2: THE CLUB IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (CODE) AND CALIFORNIA REVENUE AND TAXATION CODE 23701D. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. ADDITIONALLY, THE CLUB HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION BECAUSE IT QUALIFIES AS A SECTION 509(A)(1) ORGANIZATION AND IS FURTHER DESCRIBED IN SECTION 170(B)(1)(A)(VI) AS A PUBLIC CHARITY. THE CLUB HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS WILL MORE LIKELY THAN NOT BE SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURE OF UNCERTAIN INCOME TAX POSITIONS IS REQUIRED. THE CLUB FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. WITH FEW EXCEPTIONS, THE CLUB IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2019. GALA 475155 383992 91163 91163 GOLF TOURNAMENT 460152 460152 935307 844144 91163 91163 91163 0 1 SCHOLARSHIP 15 30000 BOOK PART I, LINE 2: SENIORS IN HIGH SCHOOL ARE ABLE TO APPLY FOR A SCHOLARSHIP VIA AN APPLICATION PROCESS. APPLICATIONS ARE REVIEWED TO MAKE SURE THE APPLICANT MEETS THE CRITERIA FOR THE DIFFERENT SCHOLARSHIPS OFFERED. IF THEY MEET THE CRITERIA FOR ANY OF THE SCHOLARSHIPS OFFERED, THEY ARE INVITED TO ATTEND THE INTERVIEW PROCESS WHERE THEY WILL BE INTERVIEWED BY THE DONORS. IF SELECTED BY ANY OF THE DONORS, THEY WILL RECEIVE A SCHOLARSHIP. APPLICANTS CAN RECEIVE MORE THAN ONE SCHOLARSHIP IF SELECTED MY MULTIPLE DONORS PRESENT. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE TAX RETURN IS SENT TO THE ORGANIZATION FOR REVIEW. THE EXECUTIVE DIRECTOR, TREASURER, AND THE REST OF THE BOARD MEMBERS MEET TO GO OVER THE TAX RETURN. AFTER THE DRAFT HAS BEEN REVIEWED AND APPROVED BY THE BOARD MEMBERS, THE TAX RETURN IS THEN FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 12C VBGC OFFICERS, DIRECTORS AND STAFF MEMBERS IN LEADERSHIP POSITIONS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO AFFIRM THAT THEY HAVE READ AND UNDERSTAND THE POLICY, AGREE TO COMPLY FULLY WITH ITS TERMS, AND THAT THEY HAVE REVIEWED THE LIST OF MATERIAL VBGC PAYEES AND PAYORS ATTACHED THERETO. DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICTS. EACH COVERED PERSON PROMPTLY DISCLOSE TO THE VBGC'S EXECUTIVE COMMITTEE, IN WRITING, THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST INVOLVING SUCH PERSON WHEN SUCH CONFLICT ARISES. SUCH WRITTEN DISCLOSURE INCLUDE ALL MATERIAL FACTS (INCLUDING WITHOUT LIMITATION THE IDENTIFICATION OF THE RELEVANT RELATIONSHIPS OR INTERESTS OF THE DISCLOSING PERSON, AS WELL AS THE RELEVANT VBGC MATTERS) TO THE EXTENT PERMITTED BY APPLICABLE LAW AND TO THE EXTENT SUCH FACTS ARE NOT PRIVILEGED, REASONABLY NECESSARY TO PERMIT THE BOARD OF DIRECTORS TO EVALUATE THE ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND TO DETERMINE APPROPRIATE ACTION. DETERMINATIONS UNDER THE POLICY. THE BOARD OF DIRECTORS HAVE THE ULTIMATE AUTHORITY WITH RESPECT TO THE INTERPRETATION, APPLICATION AND ENFORCEMENT OF THE POLICY. THE BOARD OF DIRECTORS, ACTING BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS THEREOF, MAKE ALL DETERMINATIONS UNDER THE POLICY, INCLUDING (A) WHETHER TO APPROVE, SUBJECT TO THE REQUIREMENTS OF APPLICABLE LAW, ANY TRANSACTION OR ARRANGEMENT; (B) WHETHER AN ACTUAL OR POTENTIAL CONFLICT EXISTS; (C) WHETHER AN OFFICER, DIRECTOR OR STAFF MEMBER IN A LEADERSHIP POSITION HAS VIOLATED THE POLICY; (D) WHAT DISCIPLINARY, REMEDIAL OR OTHER ACTIONS ARE APPROPRIATE IN CONNECTION WITH ANY SUCH CONFLICT OR VIOLATION. THE BOARD OF DIRECTORS MAY DELEGATE DETERMINATIONS TO THE EXECUTIVE COMMITTEE. THOSE WITH AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARE NOT ENTITLED TO PARTICIPATE IN THE DELIBERATION OR DECISION-MAKING PROCESS AND MUST ABSTAIN FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWED THE LATEST COMPENSATION DATA FROM THE CENTER FOR NON-PROFIT MANAGEMENT COMPENSATION AND BENEFITS SURVEY TO ANALYZE DATA FROM COMPARABLE ORGANIZATIONS (BY SIZE, NUMBER OF EMPLOYEES, AREA OF SERVICE, LENGTH OF TIME IN POSITION). IN ADDITION, THE EXECUTIVE COMMITTEE LOOKED AT COMPENSATION DATA FOR LOCAL LOS ANGELES NON-PROFIT ORGANIZATIONS AS LISTED ON THEIR 990 TAX FORMS. THE DOCUMENTATION OF THE EXECUTIVE COMMITTEE INCLUDES THE TERMS OF THE TRANSACTION AND THE DATE OF APPROVAL, THE MEMBERS WHO WERE PRESENT DURING THE DEBATE AND VOTE ON THE TRANSACTION, A DESCRIPTION OF THE COMPARABLE DATA AND HOW IT WAS OBTAINED, AND DOCUMENTATION OF THE BASIS FOR THE DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. HOWEVER, CURRENT TAX LAW DOES NOT REQUIRE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS BE PROVIDED TO THE PUBLIC.