Eastmont Community Center
- Assets
- $1.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Los Angeles, CA
- Founding
- 07/1968
- Data as of
- 06/2023
- EIN
- 95-6221642
Organization Overview
Eastmont Community Center is located in Los Angeles, CA. The organization was established in 1968. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Eastmont Community Center employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastmont Community Center 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, Eastmont Community Center generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $1.7m during the year ending 06/2023. While expenses have increased by 22.6% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SOCIAL SERVICES DESIGNATED TO ADDRESS THE URGENT NEEDS OF FAMILIES IN CRISIS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS COMMUNITY CENTER PROVIDES AN ARRAY OF SOCIAL AND HUMAN SERVICES THAT MEET THE IMMEDIATE NEEDS OF FAMILIES IN CRISIS AND INVEST IN IMPROVING FAMILIES' SOCIO-ECONOMIC LIVES. THE CENTER PREDOMINANTLY SERIVICES LOW-INCOME, YOUTH, ADULTS, SENIORS,AND FAMILIES OF BLACK INDIGENOUS,PEOPLE OF COLORS(BIPOC)LIVING IN THE UNINCORPORATED EAST LOS ANGELES AND ITS SURRONDING COMMUNITIES.SERVICES INLCUDE: 1.EDUCATION AND CIVIC ENGAGEMENT AND FINANCIAL EMPOWERMENT SERVICES2.HEALTH AND WELLNESS PROGRAMS3 OPERATION OF THE EAST LOS ANGELES FARMERS MARKET, A WEEKLY MARKET PROVIDING CALFRESH RECIPIENTS ACCESS TO ORGANIC PRODUCE WHILE SUPPORTING FARMERS, FOOD AND ARTISAN VENDORS WITH THEIR SMALL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Palacios Vice Chairman | OfficerTrustee | 0 | $0 |
Bruce Indermil Treasurer | OfficerTrustee | 0 | $0 |
Ernesto Flores Chairman | OfficerTrustee | 0 | $0 |
Kristie Hernandez Trustee | Trustee | 0 | $0 |
Dunia Fernandez Trustee | Trustee | 0 | $0 |
Abraham Mercado Secretary | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $143,412 |
| All other contributions, gifts, grants, and similar amounts not included above | $408,292 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,704 |
| Total Program Service Revenue | $967,830 |
| Investment income | $3,735 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $50,345 |
| 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 | $1,573,614 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $958,244 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,310 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $68,112 |
| Advertising and promotion | $8,599 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $41,838 |
| 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 | $51,327 |
| Insurance | $0 |
| All other expenses | $127,429 |
| Total functional expenses | $1,658,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,536 |
| Savings and temporary cash investments | $29,359 |
| Pledges and grants receivable | $377,267 |
| 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 | $406,794 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,332,956 |
| Accounts payable and accrued expenses | $87,230 |
| 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 | $0 |
| Total liabilities | $87,230 |
| Net assets without donor restrictions | $1,245,726 |
| 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 | $1,332,956 |