Heart Of Los Angeles Youth Inc
- Assets
- $25.0m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 123
- Location
- Los Angeles, CA
- Founding
- 12/1996
- Data as of
- 06/2022
- EIN
- 95-4397418
Organization Overview
Heart Of Los Angeles Youth Inc is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 06/2022, Heart Of Los Angeles Youth Inc employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heart Of Los Angeles Youth Inc 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 06/2022, Heart Of Los Angeles Youth Inc generated $9.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. 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
HELPS YOUNG PEOPLE OVERCOME BARRIERS THROUGH EXCEPTIONAL, FREE, INTEGRATED PROGRAMS AND PERSONALIZED GUIDANCE IN A TRUSTED, NURTURING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: IN THE FALL OF 2021, HOLA ROBUSTLY RETURNED TO IN-PERSON PROGRAMMING, WELCOMING YOUTH AND FAMILIES TO OUR BRAND NEW ARTS AND RECREATION CENTER. DESPITE THE CONTINUED CHALLENGES POSED BY THE COVID-19 PUBLIC HEALTH AND ECONOMIC CRISIS, WE ARE PROUD TO HAVE BEEN ABLE TO PROVIDE OUR YOUTH WITH IN-PERSON OFFERINGS ACROSS ALL DEPARTMENTS AS WELL AS WRAPAROUND AND WELLNESS SERVICES THROUGH OUR FORMALIZED FAMILY SERVICES DEPARTMENT. OVER THE LAST YEAR, HOLA'S COMPREHENSIVE ACADEMIC PROGRAMS SERVED 418 YOUTH AND ALUMNI THROUGH THE SMART START ELEMENTARY EDUCATION PROGRAM, BRIDGES MIDDLE AND HIGH SCHOOL EDUCATION PROGRAM, AND COLLEGE AND CAREER SUCCESS PROGRAM. HOLA WAS PROUD TO SEE 100% OF SENIORS GRADUATE FROM HIGH SCHOOL THIS SPRING AND 96% HEADING OFF TO COLLEGE THIS FALL. LAST SUMMER, HOLA AWARDED MORE THAN $940,342 TO 196 GRADUATING SENIORS AND ALUMNI FOR ACADEMIC YEAR 2021-22.
ARTS: HOLA'S VISUAL ARTS DEPARTMENT PROVIDED 392 YOUTH WITH ACCESS TO FREE QUALITY IN-PERSON AND VIRTUAL ARTS EDUCATION PROGRAMS IN 20+ ART FORMS, FIELD TRIPS (IN-PERSON AND VIRTUAL), VISITING PROFESSIONAL ARTISTS, INNOVATIVE PUBLIC ART PROJECTS, AND MORE. IN 2022, HOLA EXPANDED ITS PROGRAMMING TO SOUTH CENTRAL LOS ANGELES, WHERE IT IS NOW PROVIDING AFTER SCHOOL CLASSES IN VISUAL ARTS AND STEAM IN PARTNERSHIP WITH AUGUSTUS F. HAWKINS NATURE PARK TO OVER 100 STUDENTS ANNUALLY, ALONG WITH PROGRAMMING SERVING OVER 800 STUDENTS IN LAUSD ELEMENTARY AND MIDDLE SCHOOLS IN THE DORSEY/CRENSHAW NEIGHBORHOODS.HOLA'S MUSIC PROGRAM SERVED 206 YOUTH WITH EXCEPTIONAL MUSIC EDUCATION OPPORTUNITIES, AND AN ADDITIONAL 96 MUSICIANS, RANGING IN AGE FROM 8 TO 76 YEARS OLD, WHO JOINED HOLA'S INAUGURAL INTERGENERATIONAL ORCHESTRA. MORE THAN 36 MUSIC CLASSES ARE OFFERED WEEKLY, FROM BEGINNING TO ADVANCED STRINGS, BRASS, BIG BAND, JAZZ, MUSIC PRODUCTION, AND VOICE.HOLA'S SCIENCE, TECHNOLOGY, ENGINEERING, ARTS AND MATH (STEAM) PROGRAM FOCUSSED ON SUPPORTING STUDENTS AND FAMILIES WITH COMPUTER LITERACY AND PRACTICAL SKILLS AS ONLINE ENGAGEMENT BECAME ESSENTIAL DURING THE PANDEMIC.
ATHLETICS: THOUGH INDOOR SPORTS WERE SOME OF THE SLOWEST YOUTH ACTIVITIES TO RETURN POST-PANDEMIC, HOLA WAS PROUD TO SUCCESSFULLY BRING BACK LEAGUE PLAY, INCLUDING HIGH SCHOOL BOYS AND GIRLS SOCCER, HIGH SCHOOL BOYS AND GIRLS BASKETBALL, AND JUNIOR JUMPSHOT, AND WITNESSED THE JOY OF YOUNG ATHLETES HAVING THE OPPORTUNITY TO PLAY TOGETHER AGAIN ON THE COURT AND THE FIELD. WE REACHED 415 ATHLETES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Adelman Director | Trustee | 1 | $0 |
Steven Cooper Director | Trustee | 1 | $0 |
David Dalton Director | Trustee | 1 | $0 |
Deborah Dougall Director | Trustee | 1 | $0 |
Daniel Floyd Director | Trustee | 1 | $0 |
Glenn Gritzner Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Balfour Beatty Construction Llc Building Construction Service | 6/29/22 | $815,686 |
American Calstar Security Building Security Service | 6/29/22 | $129,443 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,166 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,597,421 |
| Noncash contributions included in lines 1a–1f | $43,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,634,587 |
| Total Program Service Revenue | $124,276 |
| Investment income | $175,053 |
| 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 | $9,933,916 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $944,092 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $673,940 |
| Compensation of current officers, directors, key employees. | $27,139 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,358,135 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $214,445 |
| Payroll taxes | $228,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $496,493 |
| Advertising and promotion | $0 |
| Office expenses | $44,909 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,487 |
| Travel | $4,838 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,138 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,019 |
| Insurance | $103,113 |
| All other expenses | $105,995 |
| Total functional expenses | $5,996,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,760,793 |
| Savings and temporary cash investments | $474,261 |
| Pledges and grants receivable | $4,378,508 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,294,431 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $54,106 |
| Net Land, buildings, and equipment | $12,677 |
| Investments—publicly traded securities | $1,220,444 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $842,165 |
| Total assets | $25,037,385 |
| Accounts payable and accrued expenses | $755,457 |
| 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 | $61,310 |
| Total liabilities | $816,767 |
| Net assets without donor restrictions | $18,294,617 |
| Net assets with donor restrictions | $5,926,001 |
| 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 | $25,037,385 |