Housing And Opportunity Foundation Of Kern
- Assets
- $362.6k
- Revenue
- $123.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 02/2012
- Data as of
- 06/2022
- EIN
- 45-4059806
Organization Overview
Housing And Opportunity Foundation Of Kern is located in Bakersfield, CA. The organization was established in 2012. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing And Opportunity Foundation Of Kern 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 06/2022, Housing And Opportunity Foundation Of Kern generated $123.0k 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 (8.1%) each year. All expenses for the organization totaled $80.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IT IS OUR MISSION TO EMPOWER FAMILIES TO BECOME SELF SUFFICIENT AND IMPROVE THEIR QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE HELPING HANDS FUND IS TO PROVIDE FOR THE BASIC NEEDS OF PROGRAM PARTICIPANTS. THOSE NEEDS ARE RELATED TO BASIC HOUSING, FOOD, CLOTHING, AND ONE TIME ASSISTANCE. FAMILIES WHO ARE STRUGGLING TO MEET THEIR BASIC NEEDS WILL BE ASSISTED AND PROVIDED WITH CASE MANAGEMENT SERVICES TO IDENTIFY THE ROOT CAUSES OF THE IDENTIFIED NEED. THE FUND INCLUDES: JESSICA'S CHRISTMAS, FOOD PANTRY, ADOPT-A-CENTER, AND THE CLOTHING CLOSET.
THE PURPOSE OF THE HOUSING COUNSELING FUND IS TO PROVIDE RESIDENTS THAT ARE ALREADY MEETING THEIR INDIVIDUAL GOALS OR THOSE THAT ARE READY TO MOVE FROM SUBSIDIZED HOUSING TO THEIR OWN HOME. THE FOCUS WILL BE ON CREDIT AND ASSET BUILDING WITH THE ULTIMATE GOAL OF RESPONSIBLE HOMEOWNERSHIP. THE FUND INCLUDES: FINANCE & UPWARD MOBILITY, ASSET BUILDING, AND HOME OWNERSHIP.
THE PURPOSE OF THE OPPORTUNITY FUND IS TO PROVIDE PARTICIPANTS WHO ARE ACTIVELY ENGAGED IN THE PURSUIT OF SELF-SUFFICIENCY, THE PROGRAMS AND SERVICES NEEDED TO OBTAIN THEIR GOALS. PARTICIPANTS WILL DEVELOP AN INDIVIDUAL TRAINING AND SERVICES PLAN TO REMAIN FOCUSED ON THE ULTIMATE GOAL OF SELF-SUFFICIENCY AND EDUCATION. THE FUND INCLUDES: SCHOLARSHIP PROGRAM, EDUCATIONAL SERVICES AND ACTIVITIES, AND JOB SEARCH AND CAREER BUILDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Bowers Chairman | OfficerTrustee | 2 | $0 |
Jeannine Johnson Vice Chair | OfficerTrustee | 1 | $0 |
Heather Kimmel Executive Director | Officer | 40 | $0 |
Max P Bacerra Director | Trustee | 1 | $0 |
Raju Jassar Director | Trustee | 1 | $0 |
Dee Slade Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $96,800 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,638 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,438 |
| 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 | -$15,421 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $123,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,000 |
| 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 | $5,580 |
| Fees for services: Accounting | $0 |
| 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 | $13,729 |
| 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 | $0 |
| Insurance | $1,160 |
| All other expenses | $0 |
| Total functional expenses | $80,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $347,742 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,854 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $362,596 |
| Accounts payable and accrued expenses | $1,338 |
| 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 | $1,338 |
| Net assets without donor restrictions | $210,460 |
| Net assets with donor restrictions | $150,798 |
| 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 | $362,596 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Housing And Opportunity Foundation Of Kern has recieved totaling $21.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Services Agency Mountain View, CA | $11,484,869 | $8,235,687 |
Nourishphx Phoenix, AZ | $2,191,792 | $7,784,112 |
Ritter Center San Rafael, CA | $5,905,734 | $8,335,451 |
Palo Alto Partners In Education Palo Alto, CA | $369,331 | $5,391,547 |
Tri City Volunteers Inc Fremont, CA | $1,100,335 | $5,260,613 |
Las Vegas Rescue Mission Las Vegas, NV | $10,258,184 | $5,827,768 |
Community Sharing Program Cottage Grove, OR | $1,172,872 | $4,294,366 |
Valley Foundation San Jose, CA | $75,319,298 | $7,719,370 |
Snow Cap Community Charites Fairview, OR | $6,428,689 | $4,080,561 |
Northern California Carpenters Relief Fund Oakland, CA | $2,303,475 | $5,102,926 |
Feed My Sheep Inc Puunene, HI | $704,154 | $3,242,035 |
Elevate Charities San Juan Capistrano, CA | $1,471,336 | $2,978,824 |