Nonprofit · EIN 81-1104113
THE L-FUND
Also known as L-FUND
Tax-exempt · PALM SPRINGS, CA 92263
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $176,448 | $151,155 | $25,293 | $414,863 | $0 | $414,863 |
| December 31, 2024 | 990 | $144,779 | $108,419 | $36,360 | $424,956 | $0 | $424,956 |
| December 31, 2023 | 990 | $177,839 | $150,613 | $27,226 | $388,596 | $0 | $388,596 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $51,404
- Membership dues
- $960
- Program service revenue
- $0
- Investment income
- $10,606
- Net gain from sales of assets
- $3,260
- Net income from fundraising events
- $114,438
- Other revenue
- $114,438
Expenses
- Grants and similar amounts paid
- $116,667
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,965
- Program services (functional)
- $117,220
- Management and general (functional)
- $28,474
- Fundraising (functional)
- $5,461
Balance sheet and other
- Total assets, start of year
- $424,956
- Total assets, end of year
- $414,863
- Total liabilities, end of year
- $0
- Net assets, end of year
- $414,863
- Publicly traded securities
- $164,416
- Net assets without donor restrictions
- $307,126
- Net assets with donor restrictions
- $107,737
- Gross receipts
- $298,842
- Employees
- 0
- Volunteers
- 25
- Year formed
- 2016
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gwen Kibbe | Treasurer Trustee or director | 25 | $0 |
| Karyl Ketchum | Board Member Trustee or director | 25 | $0 |
| Marnie Tenden | Board Member Trustee or director | 25 | $0 |
| Mei Ling Tom | Co-Chair Officer | 25 | $0 |
| Robbin Burr | Co-Chair Officer | 25 | $0 |
| Carol Gorski | Board Member Officer | 25 | $0 |
| Marilyn Ramos | Secretary Officer | 25 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gwen Kibbe | Board Member Trustee or director | 25 | $0 |
| Karyl Ketchum | Board Member Trustee or director | 25 | $0 |
| Marnie Tenden | Board Member Trustee or director | 25 | $0 |
| Mei Ling Tom | Co-Chair Officer | 25 | $0 |
| Robbin Burr | Co-Chair Officer | 25 | $0 |
| Carol Gorski | Treasurer Officer | 25 | $0 |
| Marilyn Ramos | Secretary Officer | 25 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gwen Kibbe | Treasurer Trustee or director, Officer | 25 | $0 |
| Mei Ling Tom | Co-Chair Officer | 25 | $0 |
| Christine Hunter | Co-Chair Officer | 25 | $0 |
| Marilyn Ramos | Secretary Officer | 25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 362, PALM SPRINGS, CA 92263-0362
- In care of
- % ANNETTE LABARCA
- Principal officer (990 for 2025)
- Gwen Kibbe, P O Box 362, PALM SPRINGS, CA 92263
- Signed the 990
- Gwen Kibbe, Treasurer
- Phone
- (760) 304-8487
- Website
- www.l-fund.org
- Return prepared by
- Brown & Weinstein
Mission
The mission of the L-Fund is to empower Lesbians and Trans-Lesbians through financial crisis assistance, education grants, health and wellness programs and grants for the arts.
Program accomplishments
- Grants to recipients for: ART, HEALTH, EDUCATION, DAILY LIVING, HOUSING, VEHICLEExpenses $117,220 · grants $116,667
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 | 990 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
- 81-1104113
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P60)
- Assets (IRS master file)
- $414,863
- Income (IRS master file)
- $298,842
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $176,448 | $151,155 | $414,863 | IRS |
| 990 | December 2024 | $144,779 | $108,419 | $424,956 | IRS |
| 990 | December 2023 | $177,839 | $150,613 | $388,596 | XML |
| 990 | December 2022 | $73,873 | $134,313 | $361,370 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about THE L-FUND
- What is the EIN of THE L-FUND?
- The employer identification number (EIN) of THE L-FUND is 81-1104113.
- Is THE L-FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to THE L-FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE L-FUND 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 THE L-FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE L-FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE L-FUND?
- The 990 for the year ended December 31, 2025 names Gwen Kibbe.
- Who are the officers and directors of THE L-FUND?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does THE L-FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $176,448, expenses of $151,155 and total assets of $414,863 at year end.
Other nonprofits in PALM SPRINGS
- ANDERSON CHILDRENS FOUNDATION EIN 23-7089096 · last filed 990-PF for 2025
- FAMILY HEALTH & SUPPORT NETWORK INC EIN 14-1880976 · last filed 990 for 2024
- JEWISH FAMILY SERVICE OF THE DESERT EIN 33-0613083 · last filed 990 for 2025
- GLOBAL FUND FOR MENTAL HEALTH INC EIN 52-2362022 · last filed 990 for 2024
- WELL IN THE DESERT EIN 33-0694580 · last filed 990 for 2025
- PALM SPRINGS SUNUP ROTARY FOUNDATION EIN 33-0929786 · last filed 990-EZ for 2025
- 29-PSP A NON-PROFIT CORPORATION EIN 93-4495448 · last filed 990-EZ for 2025
- SCOOP SAN DIEGO EIN 83-3244841 · last filed 990-EZ for 2025
All nonprofits in PALM SPRINGS · California · Human services