Homeboy Industries is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. As of 12/2022, Homeboy Industries employed 478 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeboy Industries 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, Homeboy Industries generated $46.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $32.3m during the year ending 12/2022. While expenses have increased by 10.9% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES HOPE, TRAINING & SUPPORT TO PREVIOUSLY INCARCERATED & FORMERLY GANG INVOLVED PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL ENTERPRISESHOMEBOY BAKERY - TRAINEES AT OUR OLDEST SOCIAL ENTERPRISE BUSINESS LEARN ALL ASPECTS OF BAKING, FROM ORDERING SUPPLIES TO OPERATING A PASTRY MACHINE TO INTERACTING WITH CUSTOMERS. WE SELL ARTISAN BREADS, PASTRIES, AND CAKES AT OUR HEADQUARTERS AND FARMERS' MARKETS AROUND LOS ANGELES, AS WELL AS TO LOCAL RESTAURANTS. HOMEBOY BAKERY WAS THE ORGANIZATION'S ORIGINAL MISSION BUSINESS, FOUNDED IN 1994, WHERE FORMER RIVALS WORKED SIDE BY SIDE AS SCRATCH BAKERS LOCATED IN AN 80-YEAR OLD BUILDING, THE BAKERY SUFFERED AN ELECTRICAL FIRE IN 1999. IN 2005, HOMEBOY HIRED SEVERAL YOUNG MEN TO PREPARE THEM TO BECOME LEADERS IN THE NEW BAKERY. THESE BAKERS ATTENDED CLASSES AT LOS ANGELES TRADE TECH AND INTERNED AT A LOCAL BAKERY, READYING THEMSELVES TO REOPEN THE BAKERY IN 2007 LOCATED IN THE NEW HOMEBOY FACILITY. HOMEBOY BAKERY REOPENED ITS DOORS TO THE PUBLIC ON OCTOBER 2, 2007, IN A MODERN, WELL-EQUIPPED HOME UNDER THE GUIDANCE OF MASTER BAKER ALVARO OCEQUEDA. THE LEAD BAKERS WORK ALONGSIDE YOUTH HIRED TO TAKE THEIR FIRST STEPS IN THE BAKERY WORLD.HOMEGIRL CAFE IS A FEMALE - CENTERED SPACE WHERE TRAINEES CAN BUILD SELF-ESTEEM AS WELL AS JOB SKILLS. BY WORKING ALONGSIDE OTHER WOPMEN, SOME OF WHOM ARE FROM "ENEMY" GANGS, HOMEGIRL CAFE TRAINEES BEGIN TO SEE EACH OTHER AS ALLIES. WORKING AS BUSSERS, SERVERS, LINE COOKS, AND SOUS CHEFS, THEY SERVE FRESH MEXICAN-FUSION BREAKFASTS AND LUNCHES IN A FAST-PACED ENVIRONMENT.FEED HOPE WAS CREATED IN APRIL 2020 TO RESPOND TO THE COVID-19 PANDEMIC WHICH EXPANDED THE NEED FOR PACKAGED MEALS FOR SENIOR CITIZENS AND THE UNDER SERVED COMMUNITIES. THROUGH SEVERAL FUNDING PARTNERS FEED HOPE WAS ABLE TO PROVIDE AS MANY AS 15,000 AND 25,000 MEALS WEEKLY.
KINSHIP GRANT PROGRAM (HOMEBOY SERVICES, INC.)
WORKFORCE DEVELOPMENT, JOB TRAINING, SUPPORT SERVICESCASE MANAGEMENT, CURRICULUM, JOB DEVELOPMENT, LEGAL SERVICES, CATERING, MENTAL HEALTH, AIRPORT/LICENSING, MERCHANDISE, SOLAR PANEL, RETREATS, SILKSCREEN, TATOO REMOVAL. JOB TRAININGHOMEBOY INDUSTRIES' 18-MONTH JOB TRAINING PROGRAM COMBINES ON-THE-JOB LEARNING WITH COMPREHENSIVE SERVICES AND UNCONDITIONAL SUPPORT. EACH YEAR, 250-300 FORMER GANG MEMBERS AND PREVIOUSLY INCARCERATED MEN AND WOMEN LEARN HARD AND SOFT JOB SKILLS IN THE ORGANIZATION'S SOCIALENTERPRISES WHILE RECEIVING SERVICES THAT FOSTER INNER TRANSFORMATION, CASE MANAGEMENT, TATTOO REMOVAL, LEGAL ASSISTANCE, MENTAL HEALTH SERVICES, ACADEMIC AND LIFE SKILLS CLASSES, AND EMPLOYMENT SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
FR Gregory Boyle Sj Executive Director | OfficerTrustee | 40 | $88,531 |
Pernille Lopez Chair | OfficerTrustee | 2 | $0 |
Viktor Rzeteljski Vice Chair | OfficerTrustee | 2 | $0 |
Zachary Esteban Guevara Treasurer | OfficerTrustee | 2 | $0 |
Renee Delphin-Rodriguez Secretary | OfficerTrustee | 2 | $0 |
Hilda Echeverria Secretary/board Member | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kamran And Company Inc Construction Contractor | 12/30/22 | $837,548 |
Bsb Design Inc Construction Contractor | 12/30/22 | $272,628 |
Gruen Engineering Inc Construction Contractor | 12/30/22 | $363,580 |
Public Works Government Grant Assistance | 12/30/22 | $251,522 |
The Regents Of The University Of Ca 5 Year Evaluation Study | 12/30/22 | $200,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,740,332 |
Related organizations | $0 |
Government grants | $8,068,221 |
All other contributions, gifts, grants, and similar amounts not included above | $32,758,641 |
Noncash contributions included in lines 1a–1f | $1,429,538 |
Total Revenue from Contributions, Gifts, Grants & Similar | $42,567,194 |
Total Program Service Revenue | $316,511 |
Investment income | $776,390 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $144,743 |
Net Rental Income | $43,028 |
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 | $2,909,894 |
Miscellaneous Revenue | $0 |
Total Revenue | $46,596,527 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,402,813 |
Grants and other assistance to domestic individuals. | $1,800 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $861,199 |
Compensation of current officers, directors, key employees. | $93,110 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $11,814,707 |
Pension plan accruals and contributions | $150,000 |
Other employee benefits | $1,154,749 |
Payroll taxes | $1,078,505 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,666 |
Fees for services: Accounting | $92,544 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,265,113 |
Advertising and promotion | $33,819 |
Office expenses | $1,194,903 |
Information technology | $375,483 |
Royalties | $0 |
Occupancy | $769,300 |
Travel | $840,406 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,566 |
Interest | $104,616 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $786,357 |
Insurance | $299,453 |
All other expenses | $588,359 |
Total functional expenses | $32,286,597 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,519,297 |
Savings and temporary cash investments | $10,551,285 |
Pledges and grants receivable | $14,230,347 |
Accounts receivable, net | $215,156 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $172,822 |
Prepaid expenses and deferred charges | $158,866 |
Net Land, buildings, and equipment | $14,330,821 |
Investments—publicly traded securities | $32,511,654 |
Investments—other securities | $252,761 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,367,260 |
Total assets | $87,310,269 |
Accounts payable and accrued expenses | $2,897,737 |
Grants payable | $0 |
Deferred revenue | $15,019,532 |
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 | $3,641,672 |
Unsecured mortgages and notes payable | $800,000 |
Other liabilities | $2,172,991 |
Total liabilities | $24,531,932 |
Net assets without donor restrictions | $41,982,514 |
Net assets with donor restrictions | $20,795,823 |
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 | $87,310,269 |
Over the last fiscal year, Homeboy Industries has awarded $3,879,280 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
HOMEBOY SERVICES INC PURPOSE: KINSHIP GRANT PROGRAM | $3,715,184 |
HOMEBOY ART ACADEMY INC PURPOSE: ART ACADEMY | $164,096 |