Los Angeles South Hope Foundation
- Assets
- $31.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carson, CA
- Founding
- Data as of
- 12/2023
- EIN
- 84-5050026
Organization Overview
Los Angeles South Hope Foundation is located in Carson, CA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles South Hope 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, Los Angeles South Hope Foundation generated $70.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $68.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE LA SOUTH HOPE FOUNDATION HAS HAD SUCCESS IN DELIVERING BUSINESS DEVELOPMENT/EDUCATION TRAINING SERIES IN A VARIETY OF SUBJECT AREAS TO AREA RESIDENTS AND NEW AND EXISTING ENTREPRENEURS. THE WORK OF THE FOUNDATION HAS ALSO RESULTED IN MULTIPLE COMMUNITY ENGAGEMENT EVENTS, AS WELL AS HEALTH AND WELLNESS WORKSHOPS, FAITH-BASED WEBINARS, WORK WITH OTHER NON-PROFTS FOR HOMELESS PROGRAMS AND SERVICES, AND WORK WITH MINORITY YOUTH AS THEY ASPIRE TO BECOME ENTREPRENEURS. OUR SERVICE TO COMMUNITY RESIDENTS AND MINORITY AND WOMEN-OWNED BUSINESSES ARE ASSISTING SOUTH LA COMMUNITIES AND SURROUNDING AREAS BECOME SELF-RELIANT, SUSTAINABLE AND TO THRIVE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dexter Mcleod CEO | 20 | $0 | |
Darlene Ross Director | 10 | $0 | |
Lottie Cleveland Director | 10 | $0 | |
Vernell Taylor Secretary | 10 | $0 | |
Regina Grant Peterson Treasurer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,150 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,150 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $68,153 |
| Total expenses | $68,153 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,360 |
| Other assets | $0 |
| Total assets | $31,890 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,890 |