Nonprofit · EIN 26-2358338
LOS ANGELES PARKS FOUNDATION
Tax-exempt · LOS ANGELES, CA 90027
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,070,489 | $2,470,800 | $599,689 | $5,711,308 | $113,940 | $5,597,368 |
| December 31, 2023 | 990 | $1,703,135 | $2,323,843 | -$620,708 | $4,935,209 | $81,493 | $4,853,716 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,894,943
- of which government grants
- $15,000
- Program service revenue
- $0
- Investment income
- $179,981
- Net gain from sales of assets
- $93,590
- Net income from fundraising events
- -$4,435
- Other revenue
- -$4,435
Expenses
- Grants and similar amounts paid
- $255,800
- Compensation of officers, directors and key employees
- $294,767
- Other salaries and wages
- $305,772
- Salaries, compensation and benefits (total)
- $678,037
- Professional fundraising fees
- $0
- Legal fees
- $7,145
- Accounting fees
- $79,798
- Occupancy
- $3,452
- Depreciation
- $12,776
- Program services (functional)
- $1,783,448
- Management and general (functional)
- $456,011
- Fundraising (functional)
- $231,341
Balance sheet and other
- Total assets, start of year
- $4,935,209
- Total assets, end of year
- $5,711,308
- Total liabilities, end of year
- $113,940
- Net assets, end of year
- $5,597,368
- Land, buildings and equipment
- $24,624
- Publicly traded securities
- $4,713,095
- Net assets without donor restrictions
- $1,622,798
- Net assets with donor restrictions
- $3,974,570
- Gross receipts
- $8,353,862
- Employees
- 8
- Volunteers
- 36
- Year formed
- 2008
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANTHONY G BUDROVICH | PRESIDENT, SECRETARY Trustee or director, Officer | 40 | $209,550 | $30,500 |
| Corazon Rios | secretary Officer | 40 | $51,234 | $3,483 |
| DAVID GALAVIZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MCGOWAN | DIRECTOR, TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BARRY A SANDERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENISE BOOTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL SHULL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER RIVERA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARMEL SELLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CANDY SPELLING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID NICKOLL | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DEBORA VRANA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIA LEHRER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW SAUL | Director Trustee or director | 1 | $0 | $0 |
| JOE HALPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN PARKER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANTHONY G BUDROVICH | EXECUTIVE DIRECTOR, SECRETARY Trustee or director, Officer | 40 | $130,000 | $1,800 |
| JUSTIN YOSHIMARU | Deputy Director Highest-paid employee | 40 | $118,733 | $5,603 |
| CAROLYN RAMSAY | EXECUTIVE DIRECTOR, SECRETARY Trustee or director, Officer | 35 | $94,871 | $4,689 |
| DAVID GALAVIZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MCGOWAN | DIRECTOR, TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BARRY A SANDERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENISE BOOTH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL SHULL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER RIVERA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS SAFRAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARMEL SELLA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CANDY SPELLING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID NICKOLL | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DEBORA VRANA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MIA LEHRER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREW SAUL | Director Trustee or director | 1 | $0 | $0 |
| JOE HALPER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JILL WERNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN PARKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2650 N COMMONWEALTH AVE, LOS ANGELES, CA 90027-1210
- In care of
- % C/O JONES & ASSOC
- Principal officer (990 for 2024)
- David McGowan, 2650 N COMMONWEALTH AVENUE, LOS ANGELES, CA 90027
- Signed the 990
- David McGowan, TREASURER
- Phone
- (310) 472-1990
- Website
- LAPARKSFOUNDATION.ORG
- Return prepared by
- Maginnis Knechtel & McIntyre LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 26-2358338 or by the name LOS ANGELES PARKS FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO ENHANCE, EXPAND, PRESERVE AND PROMOTE PUBLIC RECREATION, PARKS AND OPEN SPACE FOR THE DIVERSE PEOPLE OF LOS ANGELES.
Program accomplishments
- The Los Angeles Parks Foundation's Special Projects Program funds are used to support a range of activities ranging from the design and implementation of major capital improvements, such as new multi-sport playing fields or playgrounds, to recreational programming. In 2024, construction of the Watts Skate Park was completed with support from The Skateboard Project, and a park forest was planted with support by Wells Fargo Bank at the Hansen Dam Recreation Center. Such funds are also used in support of citywide and special initiatives of the City of Los Angeles Department of Recreation and Parks. The Foundation serves as a fiscal and administrative partner for funders such as Nike, ESPN, and other corporate or philanthropic institutions that invest in recreation programs including PlayLA, Girls Play LA, and CoachLA. Grants from the Griffith J. Griffith Charitable Trust were used to support the Hollywoodland Girls and Boys Camps, and funds from GPSN and other institutional donors were also used to support summer programming offered in City of Los Angeles parks. The Foundation ensures such funds are stewarded in accordance with donor intent and City partnership requirements and that all compliance and reporting responsibilities are fulfilled.Expenses $1,417,580 · grants $246,400
- The Park Events Program has historically funded park enhancement projects in partnership with the Los Angeles Department of Recreation and Parks. In prior years, this program supported initiatives such as a Griffith Park traffic study and the development of the department's multi-year strategic plan. As of 2024, most event-related revenue is used to support the Foundation's general operating activities or, when event proceeds are designated for particular sites or projects, such revenue is allocated to the respective project under the Friends of the Parks program.Expenses $140,237
- The Friends of the Parks Program empowers local communities to support their neighborhood parks by contributing directly to funds managed by the foundation to support individual park projects and priorities. Activities supported by these funds include youth sports equipment and uniforms; holiday celebrations; seniors sports and cultural programs; and enhancements to park spaces such as fencing, water fountains, and walking paths. In 2024, the program supported meaningful improvements and community programming at several Los Angeles park locations, including EXPO Center, Venice Beach, Rustic Canyon, MacArthur Park, and Echo Park.Expenses $136,223 · grants $9,400
- OTHER PROGRAMS - SEE SCHEDULE O DESCRIPTIONExpenses $89,408
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-2358338
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N113)
- Assets (IRS master file)
- $5,711,308
- Income (IRS master file)
- $8,353,862
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,070,489 | $2,470,800 | $5,711,308 | IRS |
| 990 | December 2023 | $1,703,135 | $2,323,843 | $4,935,209 | XML |
| 990 | December 2022 | $3,209,734 | $3,448,361 | $5,614,340 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2358338).
Questions about LOS ANGELES PARKS FOUNDATION
- What is the EIN of LOS ANGELES PARKS FOUNDATION?
- The employer identification number (EIN) of LOS ANGELES PARKS FOUNDATION is 26-2358338.
- Is LOS ANGELES PARKS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to LOS ANGELES PARKS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOS ANGELES PARKS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LOS ANGELES PARKS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOS ANGELES PARKS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LOS ANGELES PARKS FOUNDATION?
- The 990 for the year ended December 31, 2024 names David McGowan.
- Who are the officers and directors of LOS ANGELES PARKS FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $209,550 (ANTHONY G BUDROVICH, PRESIDENT, SECRETARY).
- How much revenue does LOS ANGELES PARKS FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,070,489, expenses of $2,470,800 and total assets of $5,711,308 at year end.
Other nonprofits in LOS ANGELES
- UNITED STATE OLYMPIC AND PARALYMPIC PROPERTIES LLC EIN 32-0570956 · last filed 990 for 2024
- LOS ANGELES SPORTS & ENTERTAINMENT COMMISSION EIN 95-4541188 · last filed 990 for 2025
- LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAM EIN 47-2018941 · last filed 990 for 2024
- THE LOS ANGELES DODGERS FOUNDATION EIN 95-4623022 · last filed 990 for 2024
- SOUTHERN CALIFORNIA TENNIS ASSOCIATION EIN 95-1243600 · last filed 990 for 2024
- HOMENETMEN EIN 23-7062425 · last filed 990 for 2025
- CICLAVIA INC EIN 27-3428380 · last filed 990 for 2025
- THE PREM RAWAT FOUNDATION EIN 91-2166236 · last filed 990 for 2024
All nonprofits in LOS ANGELES · California · Recreation and sports