Civic Intelligence

Victory Community Foundation

990 • Fiscal year 2020 • EIN 82-2432713

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 05, 2021

Organization ProfileN/A
4802 Mckinley AvenueLos Angeles, CA 90011

(323) 231-0357

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-122%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

8th percentile

-51%

Faster asset growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-88%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$3,826

Down $4,022 (-51%) from 2019

Net Assets

Down

$3,826

Down $4,022 (-51%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin7th percentile

Revenue

Down

$3,300

Down $23,347 (-88%) from 2019

Expenses

Down

$7,322

Down $11,669 (-61%) from 2019

Net Income

Down

-$4,022

Down $11,678 (-153%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$10K$5.0K$0-$5.0KAssets 2018: $192Liabilities 2018: $0Net Assets 2018: $1922018Assets 2019: $7,848Liabilities 2019: $0Net Assets 2019: $7,8482019Assets 2020: $3,826Liabilities 2020: $0Net Assets 2020: $3,8262020Assets 2021: -$636Liabilities 2021: $0Net Assets 2021: -$6362021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$3,826
Liabilities$0
Net Assets$3,826
Open 2020 Filing

Operations Trend

Revenue Growth6th percentile

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

$30K$20K$10K$0-$10KRevenue 2018: $445Expenses 2018: $253Net Income 2018: $1922018Revenue 2019: $26,647Expenses 2019: $18,991Net Income 2019: $7,6562019Revenue 2020: $3,300Expenses 2020: $7,322Net Income 2020: -$4,0222020Revenue 2021: $773Expenses 2021: $1,935Net Income 2021: -$1,1622021Revenue 2022: $6,750Expenses 2022: $5,847Net Income 2022: $9032022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2020

Revenue$3,300
Expenses$7,322
Net Income-$4,022
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 5, 2021
Return Version
2020v4.1
Gross Receipts
$3,300
Mission and Program Overview

Mission

Victory provides a safe and comfortable environment for low income men, women and families in need of housing assistance who are willing to work towards ending their homelessness. We are committed to helping the poor in our local communities by offering a wide range of services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,848$3,826▼ $4,022
Total Assets$7,848$3,826▼ $4,022
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,848$3,826▼ $4,022
Total Net Assets Fund Balance$7,848$3,826▼ $4,022
Total Liabilities and Net Assets / Fund Balance$7,848$3,826▼ $4,022
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
William JenkinsPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$3,300
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,300
Change in Net Assets
$-4,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,322
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
All Other Expenses$1,593--$1,593
Other Expenses$56--$56
Total Functional Expenses$7,322$0$0$7,322
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

“The governing document is a set of policy that ensure that charity organization define the powers of board as well as the administration arrangements for meetings, voting, looking after money, delegation.”

Committee meeting documentation Part VI line 8B

“The written actions directed from the board of directors thru out the year.”

Form 990 governing body review Part VI line 11

“The organization provives a copy of form to the governing board to undergo a review prior to submitted to the internal revenue service.”

Form 990 availability to public Part VI line 18

“Financial statements governing documents and conflict of interest policies are not required disclosures pursuant to internal revenue code irc section 6104.”

Governing documents etc available to public Part VI line 19

“990 forms are available to the public for review at anytime”

Filing and Contact Details

Filer

Filer Name
Victory Community Foundation
EIN
82-2432713
Address
4802 MCKINLEY AVENUE, Los Angeles, CA 90011

Signing Officer

Name
Williams Jenkins
Title
Officer
Phone
3232312424
Signed
2021-07-05
Discuss with paid preparer
No

Organization Details

Principal Officer
William Jenkins
Formed
2017
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
721Resolution Co
Address
P O BOX 4681, CEDAR HILL, TX 75106
Preparer
Lisa Rambo
Phone
3104624705
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Staff salaries 4692.50taxes 850.00compliance 130.00travel and meetings 55.51”

List of other expenses Part IX line 24E

“Marketing and advertisements 45.00contract services 1437.50other casa summer 68.041099 prep 41.93”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING DOCUMENT IS A SET OF POLICY THAT ENSURE THAT CHARITY ORGANIZATION DEFINE THE POWERS OF BOARD AS WELL AS THE ADMINISTRATION ARRANGEMENTS FOR MEETINGS, VOTING, LOOKING AFTER MONEY, DELEGATION.
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ReturnHeader/Filer/BusinessNameControlTxt0VICT
ReturnHeader/Filer/EIN0822432713
ReturnHeader/Filer/USAddress/AddressLine1Txt04802 MCKINLEY AVENUE
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090011
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR HILL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075106
ReturnHeader/PreparerPersonGrp/PhoneNum03104624705
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA RAMBO
ReturnHeader/ReturnTs02021-10-16T01:10:18-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAMS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JENKINS
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,826
Liabilities
$0
Net assets
$3,826
Revenue
$3,300
Expenses
$7,322
Net income
-$4,022
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$6.75$5.85$0.90
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.77$1.94$1.16
2020Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$3.30$7.32$4.02
2019Detailed filing. Detailed filing data is available for this year.$7.85$0.00$7.85$26.6$19.0$7.66
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.45$0.25$0.19