Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
39th percentile
Higher top officer pay than 39% of similar nonprofits.
Top officer pay equals 1.7% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$7,561,977
No earlier filing loaded for comparison.
Net Assets
$5,703,226
No earlier filing loaded for comparison.
Liabilities
$1,858,751
No earlier filing loaded for comparison.
Revenue
$5,666,317
No earlier filing loaded for comparison.
Expenses
$3,372,157
No earlier filing loaded for comparison.
Net Income
$2,294,160
No earlier filing loaded for comparison.
During the twelve months ended 12/31/2016, Poverty Solutions successfully served 12,358 low-income persons needing financial educat EITC tax preparation, job-training, and entrepreneurship development
PSolutions designs and deploys programs that empower lowincome families veterans singleparents and troubledyouths
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $2,104,391 | $2,700,441 | ▲ $596,050 |
| Cash and Non-Interest-Bearing Accounts | $2,061,703 | $2,112,052 | ▲ $50,349 |
| Pledges and Grants Receivable | $940,181 | $1,157,181 | ▲ $217,000 |
| Land, Buildings, and Equipment, Net | $1,068,082 | $1,103,417 | ▲ $35,335 |
| Investments Program Related | $460,231 | $488,886 | ▲ $28,655 |
| Total Assets | $6,634,588 | $7,561,977 | ▲ $927,389 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $1,498,878 | $1,289,112 | ▼ $209,766 |
| Mortgage Notes Payable Secured by Investment Property | $1,489,112 | $332,780 | ▼ $1,156,332 |
| Deferred Revenue | $120,676 | $119,481 | ▼ $1,195 |
| Accounts Payable and Accrued Expenses | $94,848 | $88,678 | ▼ $6,170 |
| Escrow Account Liability | $22,036 | $28,700 | ▲ $6,664 |
| Total Liabilities | $3,225,550 | $1,858,751 | ▼ $1,366,799 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $2,134,454 | $3,983,049 | ▲ $1,848,595 |
| Temporarily Rstr Net Assets | $1,274,584 | $1,720,177 | ▲ $445,593 |
| Total Net Assets Fund Balance | $3,409,038 | $5,703,226 | ▲ $2,294,188 |
| Total Liabilities and Net Assets / Fund Balance | $6,634,588 | $7,561,977 | ▲ $927,389 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $718,082 | $38,082 | $756,164 |
| Land | $350,000 | - | $350,000 |
| Equipment | $35,335 | - | $35,335 |
| Investment Program Related Org | $488,886 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Frank I Igwealor | President and CEO | FT | $97,350 | $97,350 |
| Name | Title |
|---|---|
| Ambrose O Egbuonu | Chairman of the Board |
| Kareem Davis | Director |
| Martins Nwaege | Treasurer |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 4,034 | $321,850 | Fair Market Value (FMV) |
| Total Noncash Contributions | 4,034 | $321,850 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,953,806 |
| Salaries, Compensation, and Employee Benefits | $291,201 |
| Total Fundraising Expense | $181,572 |
| Grants and Similar Amounts Paid | $127,150 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $1,373,415 | $787 | - | $1,374,202 |
| Fees for Services Management | $504,755 | $29,994 | $52,459 | $587,208 |
| Fees for Services Legal | $256,435 | $19,758 | $34,557 | $310,750 |
| Current Officers, Directors, Trustees, and Key Employees | $244,883 | $21,432 | $24,886 | $291,201 |
| Advertising | $156,944 | $10,789 | $18,869 | $186,602 |
| Office Expenses | $141,053 | $10,630 | $26,412 | $178,095 |
| Occupancy | $123,806 | $9,664 | $16,901 | $150,371 |
| Grants to Domestic Individuals | $127,151 | - | - | $127,150 |
| Conferences and Meetings | $81,221 | - | $7,488 | $88,709 |
| Interest | $52,745 | - | - | $52,745 |
| Fees for Services Accounting | $23,880 | $1,244 | - | $25,124 |
| Total Functional Expenses | $3,086,288 | $104,298 | $181,572 | $3,372,157 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The Board of Directors meets after the year-end to review the 990 and”
“annual reports of the operations of the whole organization.”
“Poverty Solutions governing documents outlines the process for monitoring”
“and promptly addressing potential and actual conflicts of interests”
“Poverty Solutions has a written policy approved by its board of directors”
“Article 3 of our HR manual established Compensation & Classification System”
“Poverty Solutions made its governing documents, and financial statements”
“available to the public at our office located at 3699 Wilshire blvd. LA”
“Annual Evaluation: The Board of Directors meets after the year-end to”
“the 990 and annual reports of the operations of the whole organization.”
“Poverty Solutions governing documents outlines the process for monitoring”
“and promptly addressing potential and actual conflicts of interests”
“Poverty Solutions has a written policy approved by its board of directors”
“Article 3 of our HR manual established Compensation & Classification System”
“Poverty Solutions made its governing documents, and financial statements”
“available to the public at our office located at 3699 Wilshire blvd. LA”
“Contract Services Total expenses - $89689.00 Program service expenses - $89689.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Bad Debt Expense Total expenses - $24008.00 Program service expenses - $24008.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Entrepreneurship Devp Total expenses - $1249040.00 Program service expenses - $1249040.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00”
“Taxes, Licenses & Permits Total expenses - $11465.00 Program service expenses - $10678.00 Mgmt and general expenses - $787.00 Fundraising expenses - $0.00”
“Entrepreneurship Devp. is a unique program to P-Solutions and”
“generates substantial part of its program related revenues”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | true |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 94848 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 88678 |
| IRS990/AcctCompileOrReviewBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PSolutions designs and deploys programs that empower lowincome families veterans singleparents and troubledyouths |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 18869 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 10789 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 156944 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 186602 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | FRANK I IGWEALOR |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2133253037 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3699 Wilshire Blvd Ste 610 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Los Angeles |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90010 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2061703 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2112052 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 24886 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 21432 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 244883 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 291201 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 7488 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 81221 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 88709 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | true |
| IRS990/CreditCounselingInd | 0 | true |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 2445682 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 127150 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 2953806 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 3220635 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2294160 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 291201 |
| IRS990/CYTotalExpensesAmt | 0 | 3372157 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 181572 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5666317 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 120676 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 119481 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | P-Solutions successfully served 12,358 low-income persons needing financial education, EITC tax preparation, job-training, and guidance about homeownership, education, and entrepreneurship development. Many business management class participants paid $40 training fee. These services were provided in collaboration and partnership with other nonprofits and volunteers from local CPA firms, Law-Schools, Business-Schools, Community Colleges, and CalCPA society. Breakdown of the accomplishments include the following: Hosted 24 Empowerment & Economic Opportunities and Financial Literacy Lending, direct and through wholesale agreements with other lenders (1) Assisted 26 low-income families with down-payment assistance |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/BOYAmt | 0 | 22036 |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 28700 |
| IRS990/ExpenseAmt | 0 | 3086288 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditPerformedInd | 0 | true |
| IRS990/FederalGrantAuditRequiredInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1244 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 23880 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 25124 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 34557 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 19758 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 256435 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 310750 |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 52459 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 29994 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 504755 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 587208 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 787 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 1373415 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 1374202 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 20.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | FRANK I IGWEALOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARTINS NWAEGE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | AMBROSE O EGBUONU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | KAREEM DAVIS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 97350 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President and CEO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Chairman of the Board |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/Form990TFiledInd | 0 | false |
| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 7 |
| IRS990/GovernmentGrantsAmt | 0 | 2445682 |
| IRS990/GrantAmt | 0 | 127150 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 127151 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 127150 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 5666317 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 52745 |
| IRS990/InterestGrp/TotalAmt | 0 | 52745 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 460231 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 488886 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 4 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 38082 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1068082 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1103417 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1141499 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | During the twelve months ended 12/31/2016, Poverty Solutions successfully served 12,358 low-income persons needing financial educat EITC tax preparation, job-training, and entrepreneurship development |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1489112 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 332780 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3409038 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5703226 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 16901 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 9664 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 123806 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 150371 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 26412 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 10630 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 141053 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 178095 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 2104391 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 2700441 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 940181 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1157181 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | FRANK I IGWEALOR |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611430 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 522291 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | EEOP Training |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Lending Fees Fin EDU |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2906186 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 122114 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2906186 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 122114 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Continuation from previous section. and home improvement/rehabilitation loans in the amount of $2,385,620 (2) Facilitated 148 small businesses loans as follows: (a) Facilitated 24 small businesses loans in the total amount of $5,684,408 Facilitated homebuyer education that benefited 1,540 low-income person Help 14 low-income adults to pass exams for IN-DEMAND careers Helped 48 at-risk youths obtain GED and helped 33 to get into colleges Train 88 hard-to-employ persons to acquire job-skills and be placed Assisted 138 veterans with business plan, entrepreneurship, finance/ca Provided 1,206 hours of bookkeeping, accounting, tax, and other TAs |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 1763215 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 3586663 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 3171000 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1347552 |
| IRS990/PYTotalExpensesAmt | 0 | 3586663 |
| IRS990/PYTotalRevenueAmt | 0 | 4934215 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2294160 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | true |
| IRS990/RevenueAmt | 0 | 3220665 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2445682 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1763215 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 885744 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1407680 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2970129 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 2445682 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1763215 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 885744 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1407680 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2970129 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 9472450 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 122144 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 118158 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 115506 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 146738 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 62464 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 118158 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 115506 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 146738 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 62464 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 442866 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 3052843 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 3295945 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 2359434 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1921228 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 10629450 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 3098521 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 118158 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 115506 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 146738 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 62464 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 442866 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.02156 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.02557 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 3098521 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1842825 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3180439 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2359434 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1921228 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.97844 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.97443 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 20101900 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 2445682 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4816058 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4181689 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3767114 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4891357 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 20101900 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 2445682 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 4934216 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 4297195 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 3913852 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 4953821 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 20544766 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 718082 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 38082 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 756164 |
| IRS990ScheduleD/DisclosedForCharitablePrpsInd | 0 | false |
| IRS990ScheduleD/DisclosedOrgLegCtrlInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 35335 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 35335 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | true |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 488886 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | Entrpreneurship development investment |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 350000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 350000 |
| IRS990ScheduleD/Section170hRqrStsfdInd | 0 | false |
| IRS990ScheduleD/SolicitedAssetsSaleInd | 0 | false |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1103417 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 488886 |
| IRS990ScheduleD/WrittenPolicyMonitoringInd | 0 | false |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | false |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 127150 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | IDA Saving Match |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 64 |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 0 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | false |
| IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt | 0 | 4034 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 0 | volunteers |
| IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt | 0 | FMV |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt | 0 | 321850 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | true |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Board of Directors meets after the year-end to review the 990 and |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | annual reports of the operations of the whole organization. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Poverty Solutions governing documents outlines the process for monitoring |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | and promptly addressing potential and actual conflicts of interests |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Poverty Solutions has a written policy approved by its board of directors |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Article 3 of our HR manual established Compensation & Classification System |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Poverty Solutions made its governing documents, and financial statements |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | available to the public at our office located at 3699 Wilshire blvd. LA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Contract Services Total expenses - $89689.00 Program service expenses - $89689.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Bad Debt Expense Total expenses - $24008.00 Program service expenses - $24008.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Entrepreneurship Devp Total expenses - $1249040.00 Program service expenses - $1249040.00 Mgmt and general expenses - $0.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Taxes, Licenses & Permits Total expenses - $11465.00 Program service expenses - $10678.00 Mgmt and general expenses - $787.00 Fundraising expenses - $0.00 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Annual Evaluation: The Board of Directors meets after the year-end to |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | the 990 and annual reports of the operations of the whole organization. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Poverty Solutions governing documents outlines the process for monitoring |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | and promptly addressing potential and actual conflicts of interests |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Poverty Solutions has a written policy approved by its board of directors |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 17 | Article 3 of our HR manual established Compensation & Classification System |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 18 | Poverty Solutions made its governing documents, and financial statements |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 19 | available to the public at our office located at 3699 Wilshire blvd. LA |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 20 | Entrepreneurship Devp. is a unique program to P-Solutions and |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 21 | generates substantial part of its program related revenues |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part VI Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part VI Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part VI Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part VI Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part VI Line 15a or b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Part VI Line 15a or b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Part VI Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Part VI Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Part IX Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part IX Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Part IX Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Part IX Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Part VI Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Part VI Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Part VI Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Part VI Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Part VI Line 15a or b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 17 | Part VI Line 15a or b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 18 | Part VI Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 19 | Part VI Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 20 | Part IX Line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 21 | Part IX Line 11g |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt | 0 | 1274584 |
| IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt | 0 | 1720177 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 6634588 |
| IRS990/TotalAssetsEOYAmt | 0 | 7561977 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6634588 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 7561977 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 2445682 |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 181572 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 104298 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3086288 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3372157 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3225550 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 1858751 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3225550 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 1858751 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 3409038 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 5703226 |
| IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt | 0 | 192335 |
| IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt | 0 | 192335 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3086288 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 3220635 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 97350 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3220635 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.