Homeboy Art Academy Inc
- Assets
- $729.8k
- Revenue
- $437.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-1230263
Organization Overview
Homeboy Art Academy Inc is located in Los Angeles, CA. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeboy Art Academy Inc 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 Art Academy Inc generated $437.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $685.1k during the year ending 12/2022. 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
TO RELIEVE POVERTY AND DISTRESS OF THE UNDERPRIVILEGED, LESSEN NEIGHBOR TENSIONS, ELIMINATE PREJUDICE AND DISCRIMINATION, AND COMBAT COMMUNITY DETERIORATION IN LOW-INCOME AND UNDERSERVED COMMUNITIES THROUGH THE USE OF ART AND OTHER CREATIVE MEANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO LESSON POVERTY AND DISTRESS OF THE UNDERPRIVILIGED, LESSEN NEIGHBORHOOD TENSIONS, ELIMINATE PREJUDICE AND DISCRIMINATION, COMBAT COMMUNITY DETERIORATION IN LOW-INCOME AND UNDERSERVED COMMUNITIES THROUGH THE USE OF ART AND OTHER CREATIVE MEANS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gilbert Muro CFO | Officer | 1 | $0 |
Shirley Torres Chief Program Officer | Officer | 1 | $0 |
Fabian Debora Executive Director | Officer | 40 | $0 |
Pernille Lopez Chair | OfficerTrustee | 1 | $0 |
Viktor Rzeteljski Vice Chair | OfficerTrustee | 1 | $0 |
Hilda Echeverria Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $309,536 |
| All other contributions, gifts, grants, and similar amounts not included above | $127,725 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $437,261 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $436,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,132 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $287,725 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,870 |
| Payroll taxes | $27,937 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $132,559 |
| Advertising and promotion | $0 |
| Office expenses | $18,717 |
| Information technology | $4,724 |
| Royalties | $0 |
| Occupancy | $56,928 |
| Travel | $7,465 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,531 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $685,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,709 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $721,718 |
| Total assets | $729,752 |
| Accounts payable and accrued expenses | $15,444 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,589 |
| Total liabilities | $26,033 |
| Net assets without donor restrictions | $703,719 |
| Net assets with donor restrictions | $0 |
| 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 | $729,752 |