Civic Intelligence

Homeful Foundation

990 • Fiscal year 2021 • EIN 38-4009282

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

23091 Mill Creek DrLaguna Hills, CA 92653

(949) 349-8306

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

26th percentile

0.01x

Higher debt load relative to revenue than 26% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

65th percentile

22%

Higher net margin than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

41st percentile

5.1%

Faster asset growth than 41% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-59%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,776,958

Up $135,717 (+5.1%) from 2020

Net Assets

Up

$2,768,197

Up $181,011 (+7.0%) from 2020

Liabilities

Down

$8,761

Down $45,294 (-84%) from 2020

Revenue

Down

$819,434

Down $1,182,566 (-59%) from 2020

Expenses

Down

$638,423

Down $849,413 (-57%) from 2020

Net Income

Down

$181,011

Down $333,153 (-65%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2017: $1,427,731Liabilities 2017: $7,988Net Assets 2017: $1,419,7432017Assets 2018: $1,288,073Liabilities 2018: $55,591Net Assets 2018: $1,232,4822018Assets 2019: $2,145,226Liabilities 2019: $72,206Net Assets 2019: $2,073,0202019Assets 2020: $2,641,241Liabilities 2020: $54,055Net Assets 2020: $2,587,1862020Assets 2021: $2,776,958Liabilities 2021: $8,761Net Assets 2021: $2,768,1972021Assets 2022: $2,454,597Liabilities 2022: $9,298Net Assets 2022: $2,445,2992022Assets 2023: $2,407,820Liabilities 2023: $11,264Net Assets 2023: $2,396,5562023Assets 2024: $2,599,729Liabilities 2024: $14,233Net Assets 2024: $2,585,4962024

Highlighted filing

2021

Assets$2,776,958
Liabilities$8,761
Net Assets$2,768,197

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $1,442,259Expenses 2017: $25,817Net Income 2017: $1,416,4422017Revenue 2018: $506,854Expenses 2018: $541,418Net Income 2018: -$34,5642018Revenue 2019: $1,246,523Expenses 2019: $601,622Net Income 2019: $644,9012019Revenue 2020: $2,002,000Expenses 2020: $1,487,836Net Income 2020: $514,1642020Revenue 2021: $819,434Expenses 2021: $638,423Net Income 2021: $181,0112021Revenue 2022: $595,264Expenses 2022: $918,162Net Income 2022: -$322,8982022Revenue 2023: $460,985Expenses 2023: $509,728Net Income 2023: -$48,7432023Revenue 2024: $831,950Expenses 2024: $643,010Net Income 2024: $188,9402024

Highlighted filing

2021

Revenue$819,434
Expenses$638,423
Net Income$181,011
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.2
Gross Receipts
$819,434
Mission and Program Overview

Mission

Homeful Foundation ("Foundation") provides ongoing support to other qualified 501(c)(3) charitable organizations to help eradicate homelessness and support COVID-19 homeless victims.

Home(ful) foundation ("foundation") provides ongoing support to other qualified 501(c)(3) charitable organizations to help eradicate homelessness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,466,314$2,340,302▲ $873,988
Savings and Temporary Cash Investments$757,691--
Prepaid Expenses and Deferred Charges-$355,614-
Accounts Receivable$55,459$81,042▲ $25,583
Total Assets$2,641,241$2,776,958▲ $135,717
Other Assets Total$361,777--
Liabilities
Accounts Payable and Accrued Expenses$15,585--
Other Liabilities$38,470$8,761▼ $29,709
Total Liabilities$54,055$8,761▼ $45,294
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,587,186$2,768,197▲ $181,011
Total Net Assets Fund Balance$2,587,186$2,768,197▲ $181,011
Total Liabilities and Net Assets / Fund Balance$2,641,241$2,776,958▲ $135,717
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff RoosDirector/president
Carol LindstromDirector
Chris LeavellDirector
Todd HendersonDirector
Scott JacksonDirector/secretary
Lucy Dunn DirDirector/treasurer
Melissa BeckExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$817,405
Program Service Revenue
$0
Investment Income
$2,029
Other Revenue
$0
All Other Contributions
$763,829
Change in Net Assets
$181,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$446,705
Salaries, Compensation, and Employee Benefits$150,059
Other Expenses$41,659
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$446,705--$446,705
Other Salaries and Wages$93,757$44,411-$138,168
Payroll Taxes$8,069$3,822-$11,891
Fees for Services Accounting$10,265--$10,265
Depreciation Depletion$10,160--$10,160
Fees for Services Other$6,375--$6,375
Office Expenses$5,461--$5,461
Insurance$2,608--$2,608
Other Expenses$150--$150
All Other Expenses$99--$99
Total Functional Expenses$590,190$48,233$0$638,423
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Social Impact FundLos Angeles, CA-Philantropy Services$190,000
Homeaid AmericaIrvine, CA-Housing to Homeless$50,000
Community Action Partnership of OcGarden Grove, CA-Diaper Drive for Families Experiencing Need$46,705
Orangewood FoundationSanta Ana, CA-Program Providing Professional Workforce Development to Youth$30,000
Homeaid SacramentoRoseville, CA-Housing to Homeless$25,000
ST JOHN'SSacramento, CA-Safe Housing to Women and Children$25,000
Friendship Shelter IncLaguna Woods, CA-Temporary Shelter for Homeless Adults With the Goal of Securing Permanent Housing$20,000
Poverello HouseFresno, CA-Shelter to Homeless$20,000
Rebuilding TogetherBakersfield, CA-Housing to Homeless$15,000
Visalia Rescue MissionVisalia, CA-Housing to Homeless$15,000
Funders TogetherBoston, MA-Philantropy Services$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Ppp Loans$8,761
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is forwarded to the director/president for review and approval before filing. A copy of the return is also provided to each board member for their records.

Form 990, Part VI, Section B, Line 12C

The board of directors and staff members are required to disclose any potential conflicts of interest or the appearance of such conflicts prior to making any related grant decisions. They are required to sign and submit a disclosure statement to the board of directors. The remaining board will determine whether or not there is a conflict or potential conflict of interest. Should it be so determined, the person(s) involved shall abstain from voting and shall not participate in the discussion regarding the applicant organization. In cases the board decides to award a grant to the applicant organization, the abstaining director(s) or staff member(s) shall be identified in the board meeting minutes.

Form 990, Part VI, Section B, Line 15

The board of directors reviews and approves officers or key employees' compensations. The president would present recommendations and open discussions with the board of directors. The board would give final approval.

Form 990, Part VI, Section C, Line 19

Our financial statements and the names of our directors along with their personal profiles are disclosed on our website at www.homefulfoundation.org. All documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Homeful Foundation
EIN
38-4009282
Phone
9493498306
Address
23091 MILL CREEK DR, LAGUNA HILLS, CA 92653

Signing Officer

Name
Jeff Roos
Title
President
Phone
9493498306
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Roos
Formed
2016
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
0

Preparer

Firm
Almich & Associates
Address
26463 RANCHO PARKWAY SOUTH, LAKE FOREST, CA 92630
Preparer
James a Bermudez
Phone
9496007550
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01425601
IRS990ScheduleA/Total509Grp/TotalAmt06000411
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0819434
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02002000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01246522
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0506854
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01425601
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06000411
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08761
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SBA PPP LOANS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt08761
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt046705
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IRS990ScheduleI/RecipientTable/CashGrantAmt520000
IRS990ScheduleI/RecipientTable/CashGrantAmt615000
IRS990ScheduleI/RecipientTable/CashGrantAmt725000
IRS990ScheduleI/RecipientTable/CashGrantAmt815000
IRS990ScheduleI/RecipientTable/CashGrantAmt910000
IRS990ScheduleI/RecipientTable/CashGrantAmt10190000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0DIAPER DRIVE FOR FAMILIES EXPERIENCING NEED
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1HOUSING TO HOMELESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TEMPORARY SHELTER FOR HOMELESS ADULTS WITH THE GOAL OF SECURING PERMANENT HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3HOUSING TO HOMELESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PROGRAM PROVIDING PROFESSIONAL WORKFORCE DEVELOPMENT TO YOUTH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SHELTER TO HOMELESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6HOUSING TO HOMELESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7SAFE HOUSING TO WOMEN AND CHILDREN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8HOUSING TO HOMELESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9PHILANTROPY SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10PHILANTROPY SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COMMUNITY ACTION PARTNERSHIP OF OC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1HOMEAID AMERICA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2FRIENDSHIP SHELTER INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3HOMEAID SACRAMENTO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4ORANGEWOOD FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5POVERELLO HOUSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6REBUILDING TOGETHER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7ST JOHN'S
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8VISALIA RESCUE MISSION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9FUNDERS TOGETHER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10SOCIAL IMPACT FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0952452787
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 53156
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt224361 EL TORO RD STE 215
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31536 EUREKA ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41575 EAST 17TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5412 F ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6PO BOX 11622
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt72443 FAIR OAKS BOULEVARD SUITE 369
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8PO BOX 109
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt989 SOUTH ST STE 603
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10760 WEST 7TH STREET BOX 811025
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IRS990ScheduleI/RecipientTable/USAddress/CityNm1IRVINE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2LAGUNA WOODS
IRS990ScheduleI/RecipientTable/USAddress/CityNm3ROSEVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4SANTA ANA
IRS990ScheduleI/RecipientTable/USAddress/CityNm5FRESNO
IRS990ScheduleI/RecipientTable/USAddress/CityNm6BAKERSFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm7SACRAMENTO
IRS990ScheduleI/RecipientTable/USAddress/CityNm8VISALIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm9BOSTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm10LOS ANGELES
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9MA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10CA
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS FORWARDED TO THE DIRECTOR/PRESIDENT FOR REVIEW AND APPROVAL BEFORE FILING. A COPY OF THE RETURN IS ALSO PROVIDED TO EACH BOARD MEMBER FOR THEIR RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS AND STAFF MEMBERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST OR THE APPEARANCE OF SUCH CONFLICTS PRIOR TO MAKING ANY RELATED GRANT DECISIONS. THEY ARE REQUIRED TO SIGN AND SUBMIT A DISCLOSURE STATEMENT TO THE BOARD OF DIRECTORS. THE REMAINING BOARD WILL DETERMINE WHETHER OR NOT THERE IS A CONFLICT OR POTENTIAL CONFLICT OF INTEREST. SHOULD IT BE SO DETERMINED, THE PERSON(S) INVOLVED SHALL ABSTAIN FROM VOTING AND SHALL NOT PARTICIPATE IN THE DISCUSSION REGARDING THE APPLICANT ORGANIZATION. IN CASES THE BOARD DECIDES TO AWARD A GRANT TO THE APPLICANT ORGANIZATION, THE ABSTAINING DIRECTOR(S) OR STAFF MEMBER(S) SHALL BE IDENTIFIED IN THE BOARD MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS AND APPROVES OFFICERS OR KEY EMPLOYEES' COMPENSATIONS. THE PRESIDENT WOULD PRESENT RECOMMENDATIONS AND OPEN DISCUSSIONS WITH THE BOARD OF DIRECTORS. THE BOARD WOULD GIVE FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR FINANCIAL STATEMENTS AND THE NAMES OF OUR DIRECTORS ALONG WITH THEIR PERSONAL PROFILES ARE DISCLOSED ON OUR WEBSITE AT WWW.HOMEFULFOUNDATION.ORG. ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00

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