Civic Intelligence

Victory Community Foundation

990 • Fiscal year 2022 • EIN 82-2432713

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 12, 2024

Organization ProfileN/A
4802 Mckinley AvenueLos Angeles, CA 90011

(323) 231-2424

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

63rd percentile

13%

Higher net margin than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

97th percentile

773%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$0

Up $636 (+100%) from 2021

Net Assets

Up

$0

Up $636 (+100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin63rd percentile

Revenue

Up

$6,750

Up $5,977 (+773%) from 2021

Expenses

Up

$5,847

Up $3,912 (+202%) from 2021

Net Income

Up

$903

Up $2,065 (+178%) from 2021

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth97th 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

2022

Revenue$6,750
Expenses$5,847
Net Income$903
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 12, 2024
Return Version
2022v5.0
Gross Receipts
$6,750
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.

Victory provides a safe and comfortable environment for low income men, women and families in need of housing assistance who are our local communities by offering a wide range of services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
-President
Revenue and Support

Revenue Composition

Contributions and Grants
$6,750
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,000
Change in Net Assets
$903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,847
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$5,221$0$0$5,221
Other Expenses$425$0$0$425
Total Functional Expenses$5,847$0$0$5,847
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
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
Filing and Contact Details

Filer

Filer Name
Victory Community Foundation
EIN
82-2432713
Phone
3232312424
Address
4802 MCKINLEY AVENUE, LOS ANGELES, CA 90011

Signing Officer

Name
Angela Jones
Title
President
Phone
3232312424
Signed
2024-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Jones
Formed
2017
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Tax Company
Address
8616 LA TIJERA BLVD, LOS ANGELES, CA 90045
Preparer
Jamar Applewhite
Phone
3104122829
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

“The written actions directed from the board of directors”

Pt VI, Line 18

“Finacial statements governing documents and conflict of interst policy are not required disclosures”

Pt VI, Line 8A

“The governing document is a set of policys that ensure that charity organizations define the powers of board as well as the admoinstration arrangements for meetings, voting, looking after money”

Pt VI, Line 19

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

Pt VI, Line 11B

“The organization provides a copy to the governing board to undergo a review prior to submitted to the internal revune”

Raw XML Appendix244 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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IRS990/GrantAmt00
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IRS990/GrossReceiptsAmt06750
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IRS990/MembershipDuesAmt01750
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IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0VICTORY PROVIDES A SAFE AND COMFORTABLE ENVIRONMENT FOR LOW INCOME MEN, WOMEN AND FAMILIES IN NEED OF HOUSING ASSISTANCE WHO ARE OUR LOCAL COMMUNITIES BY OFFERING A WIDE RANGE OF SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt00
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/Organization501c3Ind0X
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ANGELA JONES
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IRS990/PYContributionsGrantsAmt0773
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0903
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IRS990/RevenueAmt01750
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE WRITTEN ACTIONS DIRECTED FROM THE BOARD OF DIRECTORS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENT IS A SET OF POLICYS THAT ENSURE THAT CHARITY ORGANIZATIONS DEFINE THE POWERS OF BOARD AS WELL AS THE ADMOINSTRATION ARRANGEMENTS FOR MEETINGS, VOTING, LOOKING AFTER MONEY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3990 FORMS ARE AVILABLE TO THE PUBLIC FOR REVIEW AT ANYTIME
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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-07-31T14:26:19-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$6,750
Expenses
$5,847
Net income
$903
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