Skid Row Coffee
- Assets
- $73.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 81-3313536
Organization Overview
Skid Row Coffee is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skid Row Coffee 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 12/2021, Skid Row Coffee generated $36.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $44.3k during the year ending 12/2021. 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
IN2021WEREOPENEDFROMOURFIRSTCLOSUREDUETOCOVID-19PANDEMICINJUNETOBEMETWITHYETANOTHERCLOSUREINNOVEMBERDUETOOURLOCATIONWITHINTHECENTRALLIBRARYINDOWNTOWNLOSANGELES.WITHINTHATTIMEWEHIREDONEEMPLOYEEANDONEMANAGERTOIMPLEMENTANDPILOTOURREVISEDFOODSERVICEJOBTRAININGPROGRAM.SINCETHENWEHAVEPROMOTEDSAIDTRAINEEONTWOOCCASIONS,WHICHISONEPROMOTIONAWAYFROMQUALIFICATIONSTOBEAMANAGER SHIFTLEADER.INTHATTIME,WE'VERESTRUCTUREDTHECAFEOPERATIONSTODECREASELABOR FOODLOSS,WHILEINCREASINGOURREVENUEMARGINSBYINCORPORATINGANEWPROGRAMTHATPROCESSESDONATEDPRODUCEFROMIMPERFECTFOODSPANTRY.THEEMPLOYEEHASSTARTEDONTHEIRGEDPROGRAM,WHICHISCO-OPTEDBYCOLLABORATIVELAPLPROGRAMMING.DURINGTHATTIME,OUREMPLOYEESWORKED720HOURS,PREPARED3,377MEALS,ANDPROVIDED3,875MEALSANDDRINKSTOOURLOW-INCOME HIGHRISKCOMMUNITYMEMBERS.THROUGHOURRELATIONSHIPWITHIMPERFECTFOODS,WESAVED3,300POUNDSOFFOODFROMGOINGINTOLANDFILLSANDSIMUTANEOUSLYREDUCEDOURFOODWASTEIMPACTWITHINTHECAFEBYREDUCINGOURFOODWASTEBY42%.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny Park President | 2 | $0 | |
Andrew Kang Secretary Treasurer | 2 | $1,846 | |
Dr Alisa Orduna Board Member | 1 | $0 | |
Pastor Stephen Cue Jn-Marie Board Member | 1 | $0 | |
Linda Leigh Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,647 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $23,022 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,669 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,944 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,489 |
| Printing, publications, postage, and shipping | $52 |
| Other expenses | $8,780 |
| Total expenses | $44,265 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,650 |
| Other assets | $0 |
| Total assets | $73,696 |
| Total liabilities | $50,575 |
| Net assets or fund balances | $23,121 |