Trapheals Org
- Assets
- $47.7k
- Revenue
- $217.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2020
- EIN
- 84-3081501
Organization Overview
Trapheals Org is located in Los Angeles, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Trapheals Org is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TRAP HEALS.ORG IS AN INCUBATOR AND ACCELERATOR PROGRAM BASED IN SOUTH LA THAT IS FOCUSED ON BUILDING THE WORK AND LIFE SKILLS FOR ECONOMIC LITERACY AND PROFESSIONAL DEVELOPMENT OF CREATIVES AND ARTISTS WHO HAVE BEEN HISTORICALLY DISENFRANCHISED IN ORDER TO PROMOTE COMMUNITY HEALING AND ECONOMIC EQUITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAPHEALS.ORG IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, SPECIFICALLY TO PROVIDE AND EMPOWER COMMUNITY MEMBERS WITH JOB TRAINING, ENTREPRENEURIAL STRUCTURE, HOUSING AND OPPORTUNITIES TO FLOURISH IN THEIR COMMUNITIES PRE-GENTRIFICATION. WE FURTHER OUR PURPOSES UNDER THIS PROGRAM BY CONDUCTING THE FOLLOWING ACTIVITIES: OUR CURRENT PLANNED ACTIVITIES IS TO PROVIDE JOB TRAINING FOR YOUTH IN THE TRAP HEALS INTERN COHORT THAT LEAD TO CAREERS FOR INTERNS IN THE FOLLOWING AREAS, MUSIC, FASHION, MEDIA, AND PRODUCTION. WE PLAN TO FOSTER AND INCUBATE PEOPLE INTO VIABLE PEOPLE IN THE COMMUNITY THAT ARE EQUIPPED TO TAKE ON CAREERS OR START THEIR OWN BUSINESS. WE ALSO PLANNED TO BE A PASS THROUGH ORGANIZATION THAT FISCALLY SPONSORS LOCAL ARTISTS AND PROGRAMS THAT WANT TO RECEIVE DONOR FUNDS OR RAISE FUNDS FOR THEIR AREA OF WORK. OUR LONG TERM PLAN IS TO POSSIBLY DEVELOP LOW INCOME HOUSING AND YOUTH HOUSING FOR OUR TRAP HEALS INTERNS SO THAT WE CAN ALSO PROVIDE LIFE SKILLS, FINANCIAL MANAGEMENT, AND PROFESSIONAL DEVELOPMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Damon Turner President/director | OfficerTrustee | 10 | $0 |
Dyane Pascall Treasurer/director | OfficerTrustee | 10 | $0 |
Alejandra Lemus Secretary/director | OfficerTrustee | 10 | $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 | $217,556 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,556 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| 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 | $217,592 |
| 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 | $3,500 |
| 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 | $110,978 |
| Advertising and promotion | $2,500 |
| Office expenses | $25,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,230 |
| Travel | $612 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21 |
| Insurance | $290 |
| All other expenses | $0 |
| Total functional expenses | $169,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,421 |
| Savings and temporary cash investments | $20,002 |
| 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 | $1,236 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $47,659 |
| 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 | $47,659 |
| Total liabilities and net assets/fund balances | $47,659 |