Holman Community Development Corporation
- Assets
- $53.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 04/2003
- Data as of
- 12/2023
- EIN
- 36-4504046
Organization Overview
Holman Community Development Corporation is located in Los Angeles, CA. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holman Community Development 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 12/2023, Holman Community Development Corporation generated $23.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $32.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 9 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
THOUGH THE YOUTH EMPLOYMENT PROGRAM, HOLMAN COMMUNITY DEVELOPMENT CORPORATION RECEIVED 130 APPLICAITONS AND SUCCESSFUL TRAINED AND EMPLOYED 27 YOUTH WITH BUSINESS PARTNERS FROM THE COMMUNITY. ADDITIONALLY, WE HELD A TECHNOLOGY & TECH WORKSHOP SERIES FOR 10 STUDENT PARTICIPATES. TWO RECEIVED INTERNSHIPS WITH A NETWORKING COMPANY. THE JOB READINESS TRAINING INSTITUTE PARTNERED WITH FREDERICK DOUGLAS ACADEMY TO CONDUCT A 10 HOUR WORKSHOP ON SAT STRATEGIES AND INTERVIEW SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth D Smith Treasurer | 0 | $0 | |
Beverly Davis Director | 0 | $0 | |
Ansyyene Lloyd Director | 0 | $0 | |
Bishop Wh Brown Director | 0 | $0 | |
Montrese Chandler Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,776 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $116 |
| Total Revenue | $23,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,316 |
| Professional fees and other payments to independent contractors | $2,422 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $359 |
| Total expenses | $32,097 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,016 |
| Other assets | $0 |
| Total assets | $53,686 |
| Total liabilities | $82,122 |
| Net assets or fund balances | -$28,436 |