Los Borrachos

Not tax-deductible

Torrance, CA501(c)(7)Recreation & Sports EIN 33-0892011Revenue $139K in FY2025Latest return filed Sep 2, 2025

On file with the IRS25550 Hawthorne Blvd Ste 100, 90505-6831 · Torrance, CATax-exempt since Feb 2001

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501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
99¢ of each $1 spent went to programs.
Run by 20 volunteers.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average surplus $10K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 4.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$139K
-14% vs prior year
Spent
$162K
To programs
99%
Net assets
$69K
By yearFY2021–FY2025
Revenue
$139K
FY2025▼ -14%
Tap a bar for its year
Revenue by fiscal year
FY2021$230K
FY2022$134K
FY2023$163K
FY2024$162K
FY2025$139K
Expenses
$162K
FY2025▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2021$100K
FY2022$151K
FY2023$190K
FY2024$177K
FY2025$162K
Net assets
$69K
FY2025▼ -25%
Tap a bar for its year
Net assets by fiscal year
FY2021$151K
FY2022$135K
FY2023$108K
FY2024$92K
FY2025$69K

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $161K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See Los Borrachos executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Los Borrachos is a member-serving organization based in Torrance, CA.

Questions for Los Borrachos

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1 program · $159K · in their own filed words · FY2024
01

Social Club

$159Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$139K
Ln 12
Fees for servicesLn 2g$158K
Investment incomeLn 3$272
Money outPt IX
$162K
Ln 25
Programscol B$161K
Owns and owesPt X
$69K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$72K
LiabilitiesLn 26$2K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$158K
Investment incomeLn 3$272
Gains on assetsLn 7$0
Total revenueLn 12$139K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$57K
Cash and savings togetherLn 1–2$63K
Land, buildings, equipmentLn 10c$9K
Total assetsLn 16$72K
LiabilitiesLn 26$2K
Net assetsLn 32$69K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$106K$63K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$10K$9K
Total assetsLn 16$121K$72K
LiabilitiesLn 26$29K$2K
Net assetsLn 32$92K$69K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$24K$24K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$374$374
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$988
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$106K$106K
All other expensesLn 24e$7K$7K
Total functional expensesLn 25$162K$161K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Sep 2, 2025 $139K$162K−$23K$69K 990 PDF
FY2024Filed with the IRS Aug 28, 2024 $162K$177K−$15K$92K 990 PDF
FY2023Filed with the IRS Oct 16, 2023 $163K$190K−$27K$108K 990 PDF
FY2022Filed with the IRS Nov 21, 2022 $134K$151K−$17K$135K 990 PDF
FY2021Filed with the IRS Nov 5, 2021 $230K$100K$130K$151K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $138,673 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $161,831$158,135
I-10 Investment incomePrior year $750$272
I-11 Other revenuePrior year −$967−$19,734
I-12 Total revenuePrior year $161,614$138,673
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $177,080$161,955
I-18 Total expensesPrior year $177,080$161,955
I-19 Revenue less expensesPrior year −$15,466−$23,282
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $138,673 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $158,135$158,135
VIII-3 Investment incomeRelated to mission $272$272
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events−$19,734
VIII-12 Total revenueRelated to mission $158,407$138,673
Part IX · Statement of functional expenses $161,955 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $24,428$24,428
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $374$374
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$988
IX-23 InsurancePrograms $23,251$23,251
IX-24 Other expenses (24a–d)Programs $105,810$105,810
IX-24e All other expensesPrograms $7,104$7,104
IX-25 Total functional expensesPrograms $160,967 · Management $0 · Fundraising $0$161,955
Part X · Balance sheet $71,537 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $17,109$5,202
X-2 Savings and temporary cash investmentsStart of year $88,422$57,438
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $5,939$0
X-10c Land, buildings and equipment, netStart of year $9,885$8,897
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $121,355$71,537
X-17 Accounts payable and accrued expensesStart of year $3,042$2,355
X-26 Total liabilitiesStart of year $28,891$2,355
X-27 Net assets without donor restrictionsStart of year $92,464$69,182
X-32 Total net assets or fund balancesStart of year $92,464$69,182
X-33 Total liabilities and net assetsStart of year $121,355$71,537
Part XI · Reconciliation of net assets $69,182 net assets at year end
XI-1 Total revenue$138,673
XI-2 Total expenses$161,955
XI-3 Revenue less expenses−$23,282
XI-4 Net assets at start of year$92,464
XI-10 Net assets at end of year$69,182

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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