Huntington Park Youth Foundation Marvin L Thompson
- Assets
- $357.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington Park, CA
- Founding
- 03/1957
- Data as of
- 12/2018
- EIN
- 95-6038939
Organization Overview
Huntington Park Youth Foundation Marvin L Thompson is located in Huntington Park, CA. The organization was established in 1957. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntington Park Youth Foundation Marvin L Thompson 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 12/2018, Huntington Park Youth Foundation Marvin L Thompson generated $25.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $22.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 4 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE YOUTH SERVICES THROUGH SCHOLARSHIPS AND SPECIAL PROJECTS
Describe the Organization's Program Activity:
Part 3
PROVIDED SCHOLARSHIPS TO 24 STUDENTS OF WHICH 12 WAS FROM THE SOUTHERN CALIFORNIA DESIGNATED SCHOLARSHIPS. THE ORGANIZATION MADE DONATIONS TO COMMUNITY GROUPS SUCH AS THE KIWANIS AND CNH KEY CLUB FOR PROJECTS RELATED TO THE ORGANIZATIONS GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leticia Martinez President | 0 | $0 | |
Martin Delgado Officer | 0 | $0 | |
Tom Hargraves Treasurer | 0 | $0 | |
Randy Sopp Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,579 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13,450 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,029 |
| 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 | $21,948 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $27 |
| Total expenses | $21,975 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $357,178 |
| Other assets | $0 |
| Total assets | $357,178 |
| Total liabilities | $0 |
| Net assets or fund balances | $357,178 |