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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 83-1953874

LAANE ACTION FUND

Tax-exempt · LOS ANGELES, CA 90017

Financials

$30K$39K2023$20K$74K2024
Revenue Expenses · by fiscal year end
Financials of LAANE ACTION FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$20,000$74,130-$54,130$19,136$6,861$12,275
December 31, 2023990-EZ$30,000$39,207-$9,207$66,405$0$66,405
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$20,000

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$11,163
Professional fees and payments to contractors
$55,996
Other expenses
$6,971
Program services (functional)
$59,304

Balance sheet and other

Total assets, start of year
$66,405
Total assets, end of year
$19,136
Total liabilities, end of year
$6,861
Net assets, end of year
$12,275
Cash, savings and investments
$19,136
Gross receipts
$20,000

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JIM SMITHSECRETARY/DIRECTOR1$0
GLORIA WALTONTREASURER/DIRECTOR1$0
ROXANA TYNANCHAIRPERSON/PRESIDENT/DIRECTOR1$0
VICTOR SANCHEZEXECUTIVE DIRECTOR40$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JIM SMITHSECRETARY1$0
GLORIA WALTONTREASURER1$0
ROXANA TYNANCHAIRPERSON/PRESIDENT1$0

Address and contacts

Address (IRS master file)
464 LUCAS AVE, LOS ANGELES, CA 90017-2074
In care of
% JAMES ELMENDORF
Signed the 990-EZ
VICTOR SANCHEZ, EXECUTIVE DIRECTOR
Phone
(213) 977-9400
Return prepared by
VASQUEZ COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 83-1953874 or by the name LAANE ACTION FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

LAANE ACTION FUND'S PRIMARY PURPOSE IS TO ADVOCATE FOR, BUILD, AND SUPPORT AN EQUITABLE AND SUSTAINABLE SOUTHERN CALIFORNIA ECONOMY BY FOCUSING ON ISSUES OF POVERTY, ECONOMIC INEQUALITY, AND A HEALTHY ENVIRONMENT. ITS WORK WILL FOCUS ON LOS ANGELES COUNTY.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • THE LAANE ACTION FUND IS A POLITICAL FORCE DEDICATED TO SHIFTING POWER AND ENGAGING VOTERS WHO HAVE LONG BEEN EXCLUDED FROM THE POLITICAL PROCESS. IN 2024, WE LED AND WON ONE LANDMARK VICTORY:- MEASURE RW: ESTABLISHED THE HIGHEST LIVING WAGE IN THE NATION FOR HOTEL WORKERS $23/HOUR STARTING JULY 2024, INCREASING TO $29.50 BY THE 2028 OLYMPICS- DOOR KNOCKS: 57,586- CONTACTS: 11,254
    Expenses $59,304 · grants $2,154

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for LAANE ACTION FUND

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
83-1953874
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Environment (C19)
Assets (IRS master file)
$19,136
Income (IRS master file)
$20,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$20,000$74,130$19,136XML
990-EZDecember 2023$30,000$39,207$66,405XML
990-EZDecember 2022–––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 83-1953874).

Questions about LAANE ACTION FUND

What is the EIN of LAANE ACTION FUND?
The employer identification number (EIN) of LAANE ACTION FUND is 83-1953874.
Is LAANE ACTION FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2021.
Are donations to LAANE ACTION FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LAANE ACTION FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of LAANE ACTION FUND 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 LAANE ACTION FUND last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LAANE ACTION FUND?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does LAANE ACTION FUND have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $20,000, expenses of $74,130 and total assets of $19,136 at year end.

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