Friends of@gala is a 501(c)(3) organization based in Los Angeles, California, registered in 2016, with $925,609 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$926K
▼ 13.8% vs prior year
Education median: $200K
Expenses (FY2024)
$1.1M
Net assets
$1.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of@gala— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of@gala: 15 mo reserves · -23% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of@gala— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of@gala: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $228K (FY2016) to $926K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-23.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$20K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $925,609▼13.8% | $1,140,093▲69.0% | $1,455,584▼12.9% | $1,475,179▼12.9% | 990 |
| 2023 | $1,073,438▲8.2% | $674,491▲3.9% | $1,671,828▲32.0% | $1,694,557▲33.4% | 990 |
| 2022 | $991,827▲44.5% | $649,021▲6.4% | $1,266,580▲38.7% | $1,270,488▲33.9% | 990 |
| 2021 | $686,508▼10.5% | $610,136▲62.3% | $913,001▲14.4% | $948,528▲18.8% | 990 |
| 2020 | $767,098▲48.0% | $375,821▼9.3% | $798,390▲103% | $798,390▲103% | 990 |
| 2019 | $518,437▲68.8% | $414,377▲407% | $392,949▲39.3% | $392,949▲39.3% | 990 |
| 2018 | $307,190▲64.8% | $81,732▼68.9% | $282,109▲1082% | $282,109▲180% | 990 |
| 2017 | $186,355▼18.3% | $262,549▲105% | $23,861▼76.2% | $100,779▲0.7% | 990 |
| 2016 | $228,095 | $127,914 | $100,055 | $100,055 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
26 grants to Friends of@gala totaling $502K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $35,361 |
| Charities Aid Foundation America | Charitable donation | 2024 | $8,606 |
| The Blackbaud Giving Fund | General support | 2024 | $6,530 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $29,250 |
| American Online Giving Foundation Inc | General support | 2023 | $27,901 |
| Donor Advised Charitable Giving | Education | 2023 | $12,750 |
| Charities Aid Foundation America | Charitable donation | 2023 | $6,731 |
| California Community Foundation | Education | 2022 | $75,000 |
| American Online Giving Foundation Inc | General support | 2022 | $22,796 |
| Charities Aid Foundation America | Charitable donation | 2022 | $10,085 |
| Donor Advised Charitable Giving | Education | 2022 | $9,720 |
| American Online Giving Foundation Inc | General support | 2021 | $25,875 |
| Paypal Charitable Giving Fund | General support | 2021 | $6,515 |
| Charities Aid Foundation America | Charitable donation | 2021 | $5,719 |
| Community Partners | Ccef: cultivates civic awareness, participation, and empowerment through research, education, and direct community action | 2020 | $30,000 |
Explore more
Data for Friends of@gala (EIN 81-2014188) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.