Hynes D E S Inc
- Assets
- $208.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paramount, CA
- Founding
- 06/2002
- Data as of
- 10/2023
- EIN
- 95-6338331
Organization Overview
Hynes D E S Inc is located in Paramount, CA. The organization was established in 2002. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hynes D E S Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 10/2023, Hynes D E S Inc generated $41.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $55.6k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
THE SOLE PURPOSE OF THIS ORGANIZATON IS TO HOLD A YEARLY WEEKEND RELIGIOUS FESTIVAL IN HONOR OF THE HOLY SPIRIT AND HAVE AN ACCOMPANYING PARADE AND CATHOLIC MASS. DURING SAID WEEKEND, WITH ALL VOLUNTEER LABOR, IT FEEDS OVER 5,000 PEOPLE. DURING THE YEAR IT ASKS FOR DONATIONS WEEKEND FOR SAID WEEKEND, AND AS AN ADDITIONAL SOURCE OF FUNDS IT HAS A DONATED LIVESTOCK AUCTION, A DINNER DANCE AND AN ANTIQUE CAR SHOW. IT ALSO RENTS ITS HALL DURING THE YEAR AND DURING THE WEEKEND FESTIVAL IT SELLS FOOD AND BEVERAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael G Ormonde President | 15 | $0 | |
Paulo M Leonardo Secretary | 15 | $0 | |
John Ourique Vice President | 15 | $0 | |
Moses Lourenco Treasurer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,875 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $41,875 |
| 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 | $1,598 |
| Occupancy, rent, utilities, and maintenance | $17,077 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,933 |
| Total expenses | $55,608 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,475 |
| Other assets | $0 |
| Total assets | $208,427 |
| Total liabilities | $0 |
| Net assets or fund balances | $208,427 |