Oba Foundation is located in Los Angeles, CA. The organization was established in 2009. According to its NTEE Classification (I21) the organization is classified as: Youth Violence Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oba Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Oba Foundation generated $86.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $58.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BOOSTER ASSOCIATION TO LAPD OLYMPIC DIVISION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OLYMPIC STATION LAPD
SHOES FROM SANTA
PROGRAM EXPENSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chang Y Lee Board Member | OfficerTrustee | 2 | $0 |
Brad Lee President | OfficerTrustee | 4 | $0 |
Edward Koo Board Member | OfficerTrustee | 1 | $0 |
Steve Song Board Member | Officer | 0.5 | $0 |
David Song Board Member | Officer | 0.5 | $0 |
Jung In Choe Board Member | Officer | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $7,000 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $79,911 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $86,911 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $86,911 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $48,962 |
Advertising and promotion | $0 |
Office expenses | $8,111 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,338 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $58,911 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $34,563 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,077 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $4,254 |
Other assets | $0 |
Total assets | $40,894 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $40,894 |
Total liabilities and net assets/fund balances | $40,894 |
Over the last fiscal year, we have identified 2 grants that Oba Foundation has recieved totaling $4,000.
Awarding Organization | Amount |
---|---|
Seoul Medical Charity Foundation Los Angeles, CA PURPOSE: CHARITABLE CONTRIBUTION | $3,000 |
Equitable Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Helpline Youth Counseling Inc Whittier, CA | $3,382,532 | $9,232,155 |
Safe Passages Oakland, CA | $5,111,825 | $7,904,423 |
Boys & Girls Clubs Of Greater Oxnard & Port Hueneme Oxnard, CA | $14,546,466 | $5,629,099 |
Harbor Area Gang Alternatives Wilmington, CA | $1,506,442 | $4,410,091 |
Southern California Crossroads Downey, CA | $1,778,677 | $3,964,022 |
Streetlightusa Peoria, AZ | $4,046,516 | $3,656,423 |
Keep Youth Doing Something Inc Van Nuys, CA | $1,720,019 | $3,247,086 |
Hollister Youth Alliance Hollister, CA | $1,558,963 | $3,111,633 |
Center On Juvenile And Criminal Justice San Francisco, CA | $3,438,604 | $2,657,252 |
New Pathways For Youth Inc Phoenix, AZ | $9,966,392 | $3,543,262 |
Legacy La Youth Development Corporation Los Angeles, CA | $4,215,728 | $2,387,393 |
Contra Costa Juvenile Advocates Walnut Creek, CA | $944,789 | $2,575,139 |