Century Center For Economic Opportunity
- Assets
- $221.2k
- Revenue
- $989.6k
- Investments
- $0.0
- Employees
- 17
- Location
- Lennox, CA
- Founding
- Data as of
- 06/2018
- EIN
- 95-3512392
Organization Overview
Century Center For Economic Opportunity is located in Lennox, CA. As of 06/2018, Century Center For Economic Opportunity employed 17 individuals. Century Center For Economic Opportunity 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 06/2018, Century Center For Economic Opportunity generated $989.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 3 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO EMPOWER UNDERSERVED YOUNG ADULTS (AGES 16 TO 24) TO REBUILD THEIR LIVES AND COMMUNITIES THROUGH LEADERSHIP, EDUCATION, AND TECHNICAL TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S YOUTHBUILD PROGRAM OFFERS THE FOLLOWING TO ALL OF ITS PARTICIPANTS: 1) LEADERSHIP AND LIFE SKILLS TRAINING, 2) EDUCATIONAL SERVICES AND CURRICULUM TO ATTAIN THEIR HIGH SCHOOL DIPLOMA AND PREPARE THEM FOR POST-SECONDARY EDUCATION, 3) COUNSELING, CASE MANAGEMENT, AND MENTORING SERVICES TO ASSIST ALL PARTICIPANTS WITH OVERCOMING THEIR RESPECTIVE BARRIERS AND ASSIST THEM WITH GOAL SETTING AND GOAL IMPLEMENTATION, 4) PRE-APPRENTICESHIP CONSTRUCTION TRAINING TO PROVIDE SKILLS TO REBUILD THEIR COMMUNITIES, AND 5) JOB READINESS AND WORKPLACE SKILLS TO BUILD EMPLOYABILITY SKILLS AND A STRONG WORK ETHIC.
IN THE ON-SITE CONSTRUCTION TRAINING PROGRAM, ALL PROGRAM PARTICIPANTS ARE OFFERED HANDS-ON CONSTRUCTION TRAINING AT AFFORDABLE HOUSING SITES SPONSORED BY HABITAT FOR HUMANITY. THE ORGANIZATION OFFERS INDUSTRY RECOGNIZED CERTIFICATION FOR ENTRY INTO APPRENTICESHIP PROGRAMS OF THE 16 BUILDING TRADES. ADDITIONAL HANDS-ON TRAINING IS ALSO OFFERED AT AFFORDABLE HOUSING SITES THROUGH THE ORGANIZATION'S PARTICIPATION WITH THE L.A. COUNTY'S U.S. DEPARTMENT OF HUD CONTRACT TO REHAB AND REFURBISH LOW INCOME PROPERTIES WITH "ENERGY EFFICIENCY" CONSTRUCTION SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Gill Director | Trustee | 0.5 | $0 |
Irving Pacheco Secretary | OfficerTrustee | 0.5 | $0 |
Helene Smookler Vice Chairman | OfficerTrustee | 0.5 | $0 |
Carmen Palafox Treasurer | Trustee | 0.5 | $0 |
Mark A Neumann Chairman | OfficerTrustee | 0.5 | $0 |
Lynette Cameron Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $80,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,850 |
| Total Program Service Revenue | $882,625 |
| Investment income | $448 |
| 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 | $989,579 |
| 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. | $59,821 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $418,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $82,344 |
| Payroll taxes | $41,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,000 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,194 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,117 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,123 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,510 |
| All other expenses | $75,358 |
| Total functional expenses | $1,004,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,587 |
| Savings and temporary cash investments | $50,593 |
| Pledges and grants receivable | $128,030 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $221,210 |
| Accounts payable and accrued expenses | $39,304 |
| 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 | $73,178 |
| Total liabilities | $112,482 |
| Unrestricted restricted net Assets | $108,728 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $108,728 |