Helaina Foundation
- Assets
- $3.9m
- Revenue
- $11.5k
- Investments
- $1.1m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-5693103
Organization Overview
Helaina Foundation is located in Los Angeles, CA. The organization was established in 2014. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, 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. Helaina 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, Helaina Foundation generated $11.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (72.4%) each year. All expenses for the organization totaled $105.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Helaina Foundation has awarded 15 individual grants totaling $4,495,800. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sunny Sun Mi Choi Director/vice President | 2 | $0 | |
Eric S Choi Director/president | 2 | $0 | |
Soohan Kim Director/cfo/secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9,646 |
| Dividends & Interest | $1,812 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,458 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $385 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,385 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $105,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,791,661 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,125,123 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,916,784 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Helaina Foundation has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: CHARITABLE | $50,000 |
Los Angeles, CA PURPOSE: CHARITABLE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Veterans Initiative Los Angeles, CA | $32,025,369 | $76,804,139 |
Info Line Of San Diego County San Diego, CA | $9,107,197 | $22,038,260 |
Mountain Shadows Support Group San Marcos, CA | $26,697,621 | $20,031,802 |
Regional Task Force On The Homeless Inc San Diego, CA | $15,091,904 | $18,439,880 |
Friends Of Tavarua Buellton, CA | $880,613 | $12,480,036 |
Fleming & Barnes Pls Vrds Pnsl, CA | $2,999,486 | $8,310,675 |
S T A R-Stand Together And Recover Centers Inc Phoenix, AZ | $2,420,391 | $5,183,120 |
Center For Individual And Family Therapy Santa Ana, CA | $970,962 | $4,778,086 |
Life Steps Foundation Inc Los Angeles, CA | $11,505,717 | $4,524,528 |
Desert Ridge Community Association Scottsdale, AZ | $3,543,697 | $3,296,119 |
Hospital Quality Institute Sacramento, CA | $3,614,502 | $3,942,442 |
Interfaith Ministries Of Greater Modesto Inc Modesto, CA | $643,275 | $3,221,923 |