Flyawayhomes
- Assets
- $275.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 84-2005653
Organization Overview
Flyawayhomes is located in Los Angeles, CA. The organization was established in 2019. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Flyawayhomes 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, Flyawayhomes generated $101.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $159.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NON-PROFIT ACTIVITIES FOR FY 2021 INCLUDED PRE-DEVELOPMENT WORK DONE ON FLYAWAY'S HHH PROJECTS, WHICH IS TO BUILD 2 DEVELOPMENTS (89 UNITS OF HOUSING 120+ PEOPLE), USING $8.8 MILLION OF AWARDED HHH FUNDING LEVERAGED WITH PRIVATELY RAISED CAPITAL OR PUBLIC FUNDING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steaven Jones Board Chairman | 1 | $0 | |
Sarah Jessup CFO & Secretary | 5 | $0 | |
Michael Parks President & CEO | 20 | $0 | |
Noyan Uras Cdo | 7.5 | $0 | |
Kevin Hirai COO | 5 | $0 | |
Lawry Meister President Emerita | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,300 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $12,015 |
| Total Revenue | $101,315 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,794 |
| Professional fees and other payments to independent contractors | $5,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $101,564 |
| Total expenses | $159,358 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,259 |
| Other assets | $0 |
| Total assets | $275,725 |
| Total liabilities | $364,325 |
| Net assets or fund balances | -$88,600 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Flyawayhomes has recieved totaling $90,100.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $50,100 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: CAPACITY BUILDING | $20,000 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: CAPACITY BUILDING | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elwyn California San Jose, CA | $38,347,314 | $73,477,787 |
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Habitat For Humanity International Inc Oakland, CA | $41,053,789 | $44,589,163 |
National Community Renaissance Of California Rancho Cucamonga, CA | $192,617,949 | $51,023,842 |
Bridge Housing Corporation San Francisco, CA | $222,728,888 | $38,426,338 |
Baywood Apartments Inc Hayward, CA | $6,801,146 | $110,627 |
Eden Development Inc Hayward, CA | $30,040,019 | $4,613,123 |
Habitat For Humanity International Inc Bellflower, CA | $37,732,130 | $31,053,929 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Millennium Housing Corporation Costa Mesa, CA | $189,019,442 | $31,052,319 |
Chinatown Community Development Center Inc San Francisco, CA | $109,257,292 | $38,436,421 |
Self Help Enterprises Visalia, CA | $105,976,522 | $29,798,676 |