Homeful Foundation
- Assets
- $2.4m
- Revenue
- $461.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Laguna Hills, CA
- Founding
- 09/2016
- Data as of
- 12/2023
- EIN
- 38-4009282
Organization Overview
Homeful Foundation is located in Laguna Hills, CA. The organization was established in 2016. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Homeful Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeful 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 12/2023, Homeful Foundation generated $461.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $509.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Homeful Foundation has awarded 66 individual grants totaling $3,581,144. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOMEFUL FOUNDATION PROVIDES ONGOING SUPPORT TO OTHER QUALIFIED 501(C)(3)S ADDRESSING HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITY FUND - FUNDS ARE USED BY THE APPROVED CHARITIES FOR GENERAL AND OTHER EXPENSES AS OUTLINED IN THE CHARITY AGREEMENT. A NET AMOUNT OF $170,750 WAS GRANTED IN 2023 TO FOUR OTHER 501(C) (3) LOCAL CHARITABLE ORGANIZATIONS AND THE LOCAL COUNTY AND CITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Roos Director/president | OfficerTrustee | 10 | $0 |
Scott Jackson Director/secretary | OfficerTrustee | 5 | $0 |
Lucy Dunn Director/treasurer | OfficerTrustee | 1 | $0 |
Chris Leavell Director | Trustee | 1 | $0 |
Todd Henderson Director | Trustee | 1 | $0 |
Carol Lindstrom Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $451,241 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $451,241 |
| Total Program Service Revenue | $0 |
| Investment income | $9,744 |
| 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 | $460,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $170,750 |
| 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 | $155,891 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,301 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,816 |
| 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 | $121,925 |
| Insurance | $2,295 |
| All other expenses | $0 |
| Total functional expenses | $509,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,213,056 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $83,000 |
| 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 | $111,764 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,407,820 |
| 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 | $11,264 |
| Total liabilities | $11,264 |
| Net assets without donor restrictions | $2,396,556 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $2,407,820 |
Grants Awarded
Over the last fiscal year, Homeful Foundation has awarded $170,750 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SOCIAL IMPACT FUND PURPOSE: SHELTER TO HOMELESS | $95,000 |
HOMEAID INLAND EMPIRE PURPOSE: SHELTER TO HOMELESS | $25,000 |
HOMEAID SACRAMENTO PURPOSE: SHELTER TO HOMELESS | $45,000 |
COMMUNITY ACTION PARTNERSHIP OF OC PURPOSE: DIAPER DRIVE FOR FAMILIES EXPERIENCING NEED | $5,750 |