Hollywood Beautification Team
- Assets
- $4.6m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 36
- Location
- Hollywood, CA
- Founding
- 05/1993
- Data as of
- 12/2022
- EIN
- 95-4358515
Organization Overview
Hollywood Beautification Team is located in Hollywood, CA. The organization was established in 1993. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. As of 12/2022, Hollywood Beautification Team employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hollywood Beautification Team 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 12/2022, Hollywood Beautification Team generated $1.9m 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 (4.3%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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
HOLLYWOOD BEAUTIFICATION TEAM'S MISSION IS TO ENHANCE THE QUALITY OF LIFE IN LOS ANGELES BY TEACHING AND EMPOWERING THE PEOPLE TO CHANGE THEIR ENVIRONMENTS THROUGH COMMUNITY CAPACITY BUILDING, PHYSICAL IMPROVEMENTS, & JOB CREATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLLYWOOD BEAUTIFICATION TEAM CLEANS THE SIDEWALKS OF HOLLYWOOD BLVD, PAINTS OUT GRAFITTI, AND PLANTS TREES & VINES IN HOLLYWOOD & OTHER NEIGHBORHOODS IN THE COUNTY OF LOS ANGELES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharyn Romano President & CEO | OfficerTrustee | 40 | $0 |
Scarlett Rivera Director | Trustee | 1 | $0 |
Maria Mercado Director | Trustee | 0 | $0 |
Linda Fullerton Director | Trustee | 0 | $0 |
Raymond Schuldenfrei Chairman | Trustee | 1 | $0 |
Danielle Morrison Key Employee | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,863,664 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,869,994 |
| Total Program Service Revenue | $0 |
| Investment income | $257 |
| 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 | $1,870,251 |
| 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. | $170,700 |
| Compensation of current officers, directors, key employees. | $170,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,104 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $75,114 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,043 |
| Fees for services: Accounting | $66,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,450 |
| Advertising and promotion | $0 |
| Office expenses | $14,757 |
| Information technology | $10,358 |
| Royalties | $0 |
| Occupancy | $4,822 |
| Travel | $9,134 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,607 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $113,631 |
| Insurance | $246,976 |
| All other expenses | $27,451 |
| Total functional expenses | $1,816,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $389,752 |
| Savings and temporary cash investments | $212,494 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,083,963 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,000 |
| Prepaid expenses and deferred charges | $16,985 |
| Net Land, buildings, and equipment | $2,904,648 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $8,637 |
| Other assets | $501 |
| Total assets | $4,628,980 |
| Accounts payable and accrued expenses | $39,744 |
| 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 | $428,209 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $21,327 |
| Total liabilities | $639,280 |
| Net assets without donor restrictions | $3,989,700 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $4,628,980 |