Friends of GALA

EIN: 812014188 501(c)(3) Education

Los Angeles, CA

Total Revenue
$925,609
Total Expenses
$1,140,093
Total Assets
$1,475,179
Net Assets
$1,455,584
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CA
Principal Officer
Katherine Eshaghoff
Tax Period
2024-07-01 to 2025-06-30

Friends of GALA, founded in 2016, is a small nonprofit in the Education sector that reported $926K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 23% operating deficit.

Mission

Friends of GALA (FoGALA) is solving economic and gender disparities that exist within STEM fields today, by removing interpersonal, academic and financial barriers for all girls who attend Girls Academic Leadership Academy.Our vision is to remove personal and educational barriers to achievement by opening access to resources, mentors and opportunities for girls, 6th through 12th grade, living in Los Angeles. We achieve this by raising awareness, securing funds, advocating for public all-girls education in STEM, and creating connections for industry leaders to directly impact their future.GALAs vision is to address the projected workforce shortfall of engineers and scientists in the United States, and the ongoing gender and racial inequities in STEM fields. Recognizing that all-girls schools boost the academic achievement and self-confidence of young women in general, and in STEM education in particular, GALA is designed to provide 6th-12th grade girls with a clear pathway to college an

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $872,342
Program Service Revenue $7,091
Investment Income $49,041
Other Revenue $-2,865
TOTAL REVENUE $925,609

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,010
Fundraising Expenses $0
Program Expenses $973,272
Other Expenses $1,129,083
TOTAL EXPENSES $1,140,093

Year-over-Year Comparison

2024 2023 Change
Revenue $925,609 $1,073,438 -0.1%
Expenses $1,140,093 $674,491 +0.7%
Net Income $-214,484 $398,947 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
1
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katherine Eshaghoff President 5.00
Officer Director
$0 $0 $0
Chelsea Gilmore Vice President 5.00
Officer Director
$0 $0 $0
Danielle Fogel Treasurer 5.00
Officer Director
$0 $0 $0
Angela Macias Asst Treasurer 5.00
Officer Director
$0 $0 $0
Mazi O'Leary Purchaser 5.00
Director
$0 $0 $0
Sharis Peters Purchaser 5.00
Director
$0 $0 $0
Shanon Trygstad Secretary 5.00
Officer Director
$0 $0 $0
Tiffany Morrison External Comm 5.00
Director
$0 $0 $0
Twanda Beo Dir Fundraising 5.00
Director
$0 $0 $0
Jody Giles Dir Development 5.00
Director
$0 $0 $0
Dan Nieman Dir Grants 5.00
Director
$0 $0 $0
Carla Ascarza Dir Ops 5.00
Director
$0 $0 $0
Gwendolyn Soldwisch Asst Dir Ops 5.00
Director
$0 $0 $0
Chris Bensch Onsite Ops 5.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $925,609 $1,140,093 $1,475,179 $-214,484
2024 No data No data No data No data
2023 $991,827 $649,021 $1,270,488 $342,806
2022 $686,508 $610,136 $948,528 $76,372
2021 $767,098 $375,821 $798,390 $391,277
2020 $518,437 $414,377 $392,949 $104,060
2019 $307,190 $81,732 $282,109 $225,458
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