Homeward Bound Los Angeles Housing Corporation is located in Culver City, CA. The organization was established in 1996. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Homeward Bound Los Angeles Housing Corporation 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 06/2021, Homeward Bound Los Angeles Housing Corporation generated $87.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $110.8k during the year ending 06/2021. While expenses have increased by 3.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
PROVIDE HOUSING FOR DEVELOPMENTAL DISABLED PERSONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erick Sierra Treasurer | 0.5 | $0 | |
Tim Soule President | 0.5 | $0 | |
Joshua Melendez Director | 0.5 | $0 | |
Linda Gowin Director | 0.5 | $0 | |
Tristan Macprang Secretary | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,500 |
Total Program Service Revenue | $81,211 |
Membership dues | $0 |
Investment income | $25 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $87,736 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $23,002 |
Professional fees and other payments to independent contractors | $23,211 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $64,584 |
Total expenses | $110,797 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $1,545 |
Other assets | $0 |
Total assets | $277,774 |
Total liabilities | $434,874 |
Net assets or fund balances | -$157,100 |
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