2025-10-14T15:18:59-05:00 2024-06-30 330700332 VASQUEZ COMPANY LLP 655 N CENTRAL AVE STE 1550 GLENDALE CA 91203 990 2023-07-01 952925621 LOS ANGELES MISSION COLLEGE FOUNDATION LOSA 8183647783 13356 ELDRIDGE AVENUE SYLMAR CA 91342 ALBERT ALVAREZ PRESIDENT 8183647783 2025-10-10 1 0 REGINA PRINCE CPA P00576936 2138731700 2023 2025-03-06 01:10:19Z ALBERT ALVAREZ 535 NORTH BRAND BOULEVARD GLENDALE CA 91203 304323 0 X WWW.LAMISSION.EDU/FOUNDATION X 1985 CA SEE SCHEDULE O 7 7 0 8 0 0 158758 192319 0 0 44477 46327 40 2832 203275 241478 33107 162627 0 0 0 0 0 0 31688 49748 174684 82855 337311 120420 -95833 1476162 1512566 0 8891 1476162 1503675 X SEE SCHEDULE O 0 0 269842 162627 THE MISSION OF THE LOS ANGELES MISSION COLLEGE FOUNDATION IS TO PROVIDE STUDENTS WITH ACCESS TO QUALITY, HIGHER EDUCATION OPPORTUNITIES THROUGH FUNDRAISING, BY SERVING AS STEWARDS FOR FUNDS SECURED, AND CREATING MEANINGFUL PARTNERSHIPS TO BENEFIT THE COLLEGE. THE FOUNDATION PROVIDES SCHOLARSHIPS TO LA MISSION COLLEGE STUDENTS TO LESSEN THE FINANCIAL BARRIERS OF HIGHER EDUCATION, FINANCIALLY SUPPORT FOSTER YOUTH PROGRAMS, AND HELP MAKE UNFUNDED PROGRAMS AND PROJECTS ON THE COLLEGE CAMPUS POSSIBLE. FOR THE FISCAL YEAR ENDED 06/30/24, THERE WERE 12 RECIPIENTS OF SCHOLARSHIP GRANTS. 269842 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X DANIEL VILLANUEVA 8183528300 13356 ELDRIDGE AVENUE SYLMAR CA 91342 X ALBERT ALVAREZ PRESIDENT 1.00 X X 0 0 0 AURA GARCIA VICE PRESIDENT 1.00 X X 0 0 0 ART GASTELUM DIRECTOR 1.00 X 0 0 0 PAT MORENO SECRETARY 1.00 X X 0 0 0 BOBBY ARIAS DIRECTOR 1.00 X 0 0 0 DR ARMIDA ORNELAS DIRECTOR 1.00 X 0 0 0 JULIANA OCEGUERA DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 88960 103359 192319 36503 36503 46976 37152 9824 9824 9824 25693 88960 25693 0 MISCELLANEOUS INCOME 611710 2832 2832 2832 241478 0 0 49159 X 135054 135054 27573 27573 58170 55262 2908 9287 9287 758 758 759 759 2207 1766 441 FUNDRAISING EVENTS 31688 31688 STUDENT PROGRAMS 30187 30187 STIPENDS 20000 20000 TAXES AND LICENSES 17466 17466 4162 4162 337311 269842 35781 31688 154833 236254 229965 1427 1091364 1274885 1476162 1512566 8891 0 8891 X 162142 48870 1314020 1454805 1476162 1503675 1476162 1512566 -95833 123347 0 X 0 0 0 X 108882 72768 80899 158758 192319 613626 108882 72768 80899 158758 192319 613626 170850 442776 16876 31524 44477 36503 129380 4955 217 40 28525 33737 776743 147251 0.57000 0.52760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: GROSS INCOME FROM FUNDRAISING - 2023 AMOUNT: $ 25,693. MISC INCOME - 2020 AMOUNT: $ 4,955. 2021 AMOUNT: $ 217. 2022 AMOUNT: $ 40. 2023 AMOUNT: $ 2,832. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1289375 271156 285645 1274886 1176929 112446 1289375 1296914 119985 1176929 1071510 225404 1296914 1115371 -43861 1071510 1.00000 0.00000 0.00000 0 0 0 355538 123347 123347 232191 9287 9287 241478 328024 0 328024 9287 9287 337311 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF FUNDS ESTABLISHED BY DONORS TO PROVIDE FUNDING FOR STUDENTS' TUITION, EDUCATIONAL PURPOSES AND GENERAL OPERATIONS. SFV FOOD & WINE FESTIVAL 94344 74040 20304 20304 OKTOBERFEST 20309 14920 5389 5389 114653 88960 25693 25693 25693 0 1 LOS ANGELES MISSION COLLEGE 13356 ELDRDGE AVE SYLMAR CA 91342 952587353 501(A) 135054 0 SCHOLARSHIPS 1 0 SCHOLARSHIPS 11 27573 PART I, LINE 2: THE ORGANIZATION MAINTAINS DETAILED RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANTS OR ASSISTANCE GIVEN AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS. FORM 990 PART I LINE 1: THE LOS ANGLES MISSION COLLEGE FOUNDATION IS THE SUPPORT ARM OF THE COLLEGE AND IS MADE UP OF CIVIC AND BUSINESS LEADERS, AS WELL AS MEMBERS OF THE CAMPUS COMMUNITY. OUR MEMBERS ARE STRONG SUPPORTERS OF COMMUNITY-BASED EDUCATION, WE BELIEVE THAT A COMMUNITY COLLEGE EDUCATION CAN OPEN MANY DOORS AND CAREER OPPORTUNITIES FOR STUDENTS. FORM 990 PART III LINE 1 THE PRIMARY PURPOSE OF LOS ANGELES MISSION COLLEGE FOUNDATION IS TO ADVANCE THE COLLEGE'S EDUCATION AND CULTURAL GOALS BY: 1. PROMOTING THE COLLEGE IN THE COMMUNITY; 2. ASSISTING THE COLLEGE IN FULFILLING ITS ROLE OF SERVICE TO THE COMMUNITY BY PROVIDING A CONTINUUM OF HUMAN SERVICES TO PROMOTE LONG-TERM FAMILY SELF-SUFFICIENCY AND INCREASE ECONOMIC ORPPORTUNITIES TO PERSONS OF LOW-TO MODERATE INCOME. SERVICES WILL INCLUDE BUT WILL NOT BE LIMITED TO ACADEMIC AND VOCATIONAL TRAINING, FINANCIAL LITERACY EDUCATION, ENTREPRENEUR TRAINING, EMPLOYMENT ASSISTANCE, LEADERSHIP TRAINING, COUNSELING, CASE MANAGEMENT SERVICES; AND TO PROVIDE ASSISTANCE TO LOW-INCOME MEMBERS OF THE COLLEGE COMMUNITY AS A METHOD BY WHICH TO ADVANCE EQUITY IN EDUCATION, PPROVIDE BASIC FOOD, AND TO PROMOTE SOCIAL WELFARE WITHIN THE STRUCTURE ALLOWED BY THE LOS ANGELES COMMUNITY COLLEGE DISTRICT. FORM 990, PART VI, SECTION B, LINE 11B LOS ANGELES MISSION COLLEGE FOUNDATION'S OUTSIDE CPA FIRM AND THE FOUNDATION DEVELOPMENT OFFICER PREPARE THE FORM 990. THE FORM IS THEN REVIEWED AND APPROVED BY THE ORGANIZATION'S PRESIDENT. THE COMPLETE FORM 990 IS PROVIDED TO AND REVIEWED WITH THE ENTIRE GOVERNING BODY PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE COVERED PERSONS UNDER LOS ANGELES MISSION COLLEGE FOUNDATION'S CONFLICT OF INTEREST POLICY. LOS ANGELES MISSION COLLEGE FOUNDATION EXPECTS AND REQUIRES ALL PERSONS ASSOCIATED WITH THE FOUNDATION TO CONDUCT THE FOUNDATION'S BUSINESS WITH INTEGRITY AND TO MAINTAIN A HIGH STANDARD OF PERSONAL CONDUCT IN THE AFFAIRS OF THE FOUNDATION. LOS ANGELES MISSION COLLEGE FOUNDATION EXPECTS THE MEMBERS OF ITS BOARD OF DIRECTORS (THE "BOARD"), ITS OFFICERS AND STAFF, AND ANY STANDING OR SPECIAL COMMITTEES OR ADVISORY COMMITTEES (COVERED PERSONS) WHICH MAY BE CREATED FROM TIME TO TIME BY THE FOUNDATION, TO RECOGNIZE AND AVOID ACTIVITIES OR INVESTMENTS WHICH INVOLVE, OR MIGHT APPEAR TO INVOLVE, A CONFLICT OF INTEREST, ILLEGAL OR UNETHICAL ACTIVITIES OR WHICH MIGHT OTHERWISE BE CAUSE FOR EMBARRASSMENT TO THE LOS ANGELES MISSION COLLEGE FOUNDATION. ANY EXCEPTION TO THE POLICY MUST BE REPORTED TO THE CHAIR OF LOS ANGELES MISSION COLLEGE FOUNDATION'S BOARD OR THE EXECUTIVE DIRECTOR (IN THE ABSENCE OF THE CHAIR), AND ANY SUCH EXCEPTIONS TO THE POLICY MUST BE SO APPROVED IN THE MANNER DESCRIBED IN THE POLICY PRIOR TO CONSUMMATION OF ANY PART OF ANY TRANSACTION AFFECTED. ALL COVERED PERSONS OF THE LOS ANGELES MISSION COLLEGE FOUNDATION INCLUDING ANYONE PAID BY THE LOS ANGELES COMMUNITY COLLEGE DISTRICT MUST OBTAIN THE WRITTEN CONSENT OF THE CHAIR (OR, IN THE ABSENCE OF THE CHAIR, THE EXECUTIVE DIRECTOR) BEFORE ENGAGING IN AN ACTIVITY WHICH MIGHT CONSTITUTE A VIOLATION OF THE POLICY. THE CHAIR OF THE LOS ANGELES MISSION COLLEGE FOUNDATION, MUST OBTAIN APPROVAL FROM THE BOARD, OR A DESIGNATED COMMITTEE OF THE BOARD, AT AN OPEN OR EXECUTIVE COMMITTEE MEETING IN WHICH THE LOS ANGELES MISSION COLLEGE FOUNDATION PERSON SEEKING APPROVAL DOES NOT PARTICIPATE, BEFORE ENGAGING IN AN ACTIVITY WHICH MIGHT CONSTITUTE A VIOLATION OF THE POLICY. ANY MEMBER OF THE BOARD WHO IS AN INTERESTED PERSON WILL ABSTAIN FROM VOTING ON ANY PROPOSED AGREEMENT AND SUCH ABSTENTION WILL BE RECORDED IN THE MINUTES OF THE MEETING. IN ANY SITUATION IN WHICH A MAJORITY OF THE BOARD MEMBERS WOULD BE DISQUALIFIED BECAUSE OF THIS POLICY, THE BOARD, AFTER FULL DISCLOSURE OF THE POTENTIAL CONFLICT, MAY BY A MAJORITY AFFIRMATIVE VOTE, SUSPEND THE CONFLICT OF INTEREST POLICY AND PROCEED TO ENTER INTO THE AGREEMENT. ALL DISCUSSION AND ACTION WITH RESPECT TO ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARE DULY ENTERED INTO THE MINUTES OF MEETING WHERE SUCH AN ACTION TAKES PLACE. VIOLATIONS OF THE POLICY WILL NOT ONLY CONTRAVENE THE WILL OF THE BOARD, BUT MAY ALSO BE ILLEGAL AND POSSIBLY RESULT IN CIVIL OR CRIMINAL LIABILITY FOR THE INVOLVED PARTY. ALL LOS ANGELES MISSION COLLEGE FOUNDATION PERSONS WHO VIOLATE THE POLICY MAY BE SUBJECT TO DISCIPLINE UP TO AND INCLUDING DISCHARGE FROM A POSITION WITH LOS ANGELES MISSION COLLEGE FOUNDATION. ALL INDIVIDUALS COVERED BY THIS POLICY ARE REQUIRED TO ATTEST IN WRITING, ON AN ANNUAL BASIS, TO FULL COMPLIANCE WITH THE POLICY, AND TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ON A TIMELY BASIS. VIOLATIONS OF THE POLICY ARE GROUNDS FOR REVIEW OF MEMBERSHIP UP TO AND INCLUDING REMOVAL FROM HIS OR HER POSITION WITH LOS ANGELES MISSION COLLEGE FOUNDATION. SIGNED COMPLIANCE STATEMENTS ARE TO BE SUBMITTED ANNUALLY BY THE DIRECTORS AND EMPLOYEES. 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 THESE DOCUMENTS BE PROVIDED TO THE PUBLIC. FORM 990, PART IX, LINE 11G PAYROLL SERVICE FEES : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 758. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 758. FORM 990, PART IX, LINE 24E MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,162. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,162.