Hollywood Education & Literacy Project is located in Los Angeles, CA. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hollywood Education & Literacy Project 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 06/2023, Hollywood Education & Literacy Project generated $132.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $144.4k during the year ending 06/2023. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Saxty Soto Director | 1 | $0 | |
Maria Valdes Secretary | 1 | $0 | |
Luis Valdes Treasurer | 1 | $0 | |
Sergio Sanchez President, Director | 1 | $0 | |
Ian Lyons Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,640 |
| Total Program Service Revenue | $60,835 |
| Membership dues | $0 |
| Investment income | $98 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,153 |
| 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 | $14,485 |
| Occupancy, rent, utilities, and maintenance | $87,644 |
| Printing, publications, postage, and shipping | $17,734 |
| Other expenses | $24,491 |
| Total expenses | $144,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,348 |
| Other assets | $0 |
| Total assets | $112,111 |
| Total liabilities | $6,929 |
| Net assets or fund balances | $105,182 |