Civic Intelligence

Hola Community Partners

990 • Fiscal year 2019 • EIN 82-0656221

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 21, 2020

2701 Wilshire Boulevard No 100Los Angeles, CA 90057

(213) 389-1148

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.99x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$17,058,512

Up $1,797,284 (+12%) from 2018

Net Assets

Down

$207,891

Down $198,752 (-49%) from 2018

Liabilities

Up

$16,850,621

Up $1,996,036 (+13%) from 2018

Revenue

Down

$0

Down $442,701 (-100%) from 2018

Expenses

Up

$198,752

Up $162,694 (+451%) from 2018

Net Income

Down

-$198,752

Down $605,395 (-149%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2018: $15,261,228Liabilities 2018: $14,854,585Net Assets 2018: $406,6432018Assets 2019: $17,058,512Liabilities 2019: $16,850,621Net Assets 2019: $207,8912019Assets 2020: $20,821,350Liabilities 2020: $20,456,410Net Assets 2020: $364,9402020Assets 2021: $21,766,105Liabilities 2021: $21,412,638Net Assets 2021: $353,4672021Assets 2022: $19,850,336Liabilities 2022: $20,034,751Net Assets 2022: -$184,4152022Assets 2023: $18,026,233Liabilities 2023: $19,714,000Net Assets 2023: -$1,687,7672023Assets 2024: $17,386,966Liabilities 2024: $19,714,000Net Assets 2024: -$2,327,0342024

Highlighted filing

2019

Assets$17,058,512
Liabilities$16,850,621
Net Assets$207,891

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2018: $442,701Expenses 2018: $36,058Net Income 2018: $406,6432018Revenue 2019: $0Expenses 2019: $198,752Net Income 2019: -$198,7522019Revenue 2020: $326,816Expenses 2020: $169,767Net Income 2020: $157,0492020Revenue 2021: $0Expenses 2021: $11,473Net Income 2021: -$11,4732021Revenue 2022: $31,047Expenses 2022: $568,929Net Income 2022: -$537,8822022Revenue 2023: $140,000Expenses 2023: $1,643,352Net Income 2023: -$1,503,3522023Revenue 2024: $140,000Expenses 2024: $779,267Net Income 2024: -$639,2672024

Highlighted filing

2019

Revenue$0
Expenses$198,752
Net Income-$198,752
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 21, 2020
Return Version
2018v3.1
Gross Receipts
$0
Mission and Program Overview

Mission

To support heart of los angeles youth, inc., a related tax-exempt organization, in its youth-serving activities.

Support heart of los angeles youth, a related nonprofit, in its youth-serving activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,353,673$4,952,703▼ $1,400,970
Total Assets$15,261,228$17,058,512▲ $1,797,284
Other Assets Total$8,907,555$12,105,809▲ $3,198,254
Liabilities
Unsecured Notes Loans Payable$14,314,000$14,314,000→ $0
Other Liabilities$524,240$2,535,213▲ $2,010,973
Accounts Payable and Accrued Expenses$16,345$1,408▼ $14,937
Total Liabilities$14,854,585$16,850,621▲ $1,996,036
Net Assets / Fund Balance
Unrestricted Net Assets$406,643$207,891▼ $198,752
Total Net Assets Fund Balance$406,643$207,891▼ $198,752
Total Liabilities and Net Assets / Fund Balance$15,261,228$17,058,512▲ $1,797,284

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$12,105,809--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alison WhalenPresident
Peter SchubeVice President/treasurer
Jerry NegliaDirector
Lidia MartinezDirector
Michael GoodrichSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-198,752

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,637,064
Total Revenue per Audited Statements
$6,637,064
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$198,752
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$132,317-$132,317
Fees for Services Accounting-$55,940-$55,940
Insurance-$8,602-$8,602
Office Expenses-$1,893-$1,893
Total Functional Expenses$0$198,752$0$198,752

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,940,418
Expenses Not Reported on Form 990$4,741,666
Expenses per Audited Statements$198,752
Total Expenses per Form 990$198,752
Expenses Not Reported on Financial Statements$0
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
Heart of Los Angeles Youth, Inc. Payable$2,535,213
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reviewed by the board of directors prior to the filing.

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

The conflict of interest policy and a disclosure form is distributed annually to the board of directors and management. If a conflict of interest were to be disclosed by any required signatory, the board would review the disclosed conflict or potential conflict and determine if and how it could be managed. No conflict of interest was disclosed during the year ended june 30, 2019.

Form 990, Part VI, Section C, Line 19

Hola community partners makes it governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hola Community Partners
EIN
82-0656221
Phone
2133891148
Address
2701 WILSHIRE BOULEVARD NO 100, LOS ANGELES, CA 90057

Signing Officer

Name
Alison Whalen
Title
President
Phone
2133891148
Signed
2020-06-21

Organization Details

Principal Officer
Alison Whalen
Formed
2017
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Quigley & Miron
Address
3550 WILSHIRE BLVD STE 1660, LOS ANGELES, CA 90010
Preparer
John Bovard Miron
Phone
2136393550
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting services: program service expenses 0. Management and general expenses 24,030. Fundraising expenses 0. Total expenses 24,030. Construction site security services: program service expenses 0. Management and general expenses 108,287. Fundraising expenses 0. Total expenses 108,287.

Financial Statement Notes

PART X, LINE 2:

Accounting standards require an organization to evaluate its tax positions and provide for a liability for any positions that would not be considered 'more likely than not' to be upheld under a tax authority examination. The board has evaluated its tax positions and has concluded that a provision for a tax liability is not necessary at june 30, 2019. Generally, hola community partners' information returns remain open for examination for a period of three (federal) or four (state) years from the date of filing.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Heart of los angeles youth, inc. Operating revenues 6,499,324.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Heart of los angeles youth, inc. Operating expenses 4,619,550.

Raw XML Appendix376 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HEART OF LOS ANGELES YOUTH, INC. PAYABLE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED 'MORE LIKELY THAN NOT' TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. THE BOARD HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT JUNE 30, 2019. GENERALLY, HOLA COMMUNITY PARTNERS' INFORMATION RETURNS REMAIN OPEN FOR EXAMINATION FOR A PERIOD OF THREE (FEDERAL) OR FOUR (STATE) YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1HEART OF LOS ANGELES YOUTH, INC. OPERATING REVENUES 6,499,324.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2HEART OF LOS ANGELES YOUTH, INC. OPERATING EXPENSES 4,619,550.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY AND A DISCLOSURE FORM IS DISTRIBUTED ANNUALLY TO THE BOARD OF DIRECTORS AND MANAGEMENT. IF A CONFLICT OF INTEREST WERE TO BE DISCLOSED BY ANY REQUIRED SIGNATORY, THE BOARD WOULD REVIEW THE DISCLOSED CONFLICT OR POTENTIAL CONFLICT AND DETERMINE IF AND HOW IT COULD BE MANAGED. NO CONFLICT OF INTEREST WAS DISCLOSED DURING THE YEAR ENDED JUNE 30, 2019.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HOLA COMMUNITY PARTNERS MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,030. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,030. CONSTRUCTION SITE SECURITY SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 108,287. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 108,287.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HEART OF LOS ANGELES YOUTH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0954397418
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0YOUTH-SERVING ACTIVITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02701 WILSHIRE BLVD STE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOS ANGELES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090057
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0746342
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST BASIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HEART OF LOS ANGELES YOUTH INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt015261228
IRS990/TotalAssetsEOYAmt017058512
IRS990/TotalAssetsGrp/BOYAmt015261228
IRS990/TotalAssetsGrp/EOYAmt017058512
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0198752
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0198752
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014854585
IRS990/TotalLiabilitiesEOYAmt016850621
IRS990/TotalLiabilitiesGrp/BOYAmt014854585
IRS990/TotalLiabilitiesGrp/EOYAmt016850621
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0406643
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0207891
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt00
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt015261228
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017058512
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0406643
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0207891
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt014314000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt014314000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02701 WILSHIRE BOULEVARD NO 100
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090057
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.HEARTOFLA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALISON WHALEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02133891148
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOLA COMMUNITY PARTNERS
ReturnHeader/Filer/BusinessNameControlTxt0HOLA
ReturnHeader/Filer/EIN0820656221
ReturnHeader/Filer/PhoneNum02133891148
ReturnHeader/Filer/USAddress/AddressLine1Txt02701 WILSHIRE BOULEVARD NO 100
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090057
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0C1988052032BF7E796496D37049D37B62C620639
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId041F89B20C010CFA1BDF27695E5EE0FB32DE10C76
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt099.88.83.161
ReturnHeader/FilingSecurityInformation/IPDt02020-06-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm015:20:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0320530003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0QUIGLEY & MIRON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03550 WILSHIRE BLVD STE 1660
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090010
ReturnHeader/PreparerPersonGrp/PhoneNum02136393550
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN BOVARD MIRON
ReturnHeader/ReturnTs02020-06-21T17:24:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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