Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
97th percentile
Faster revenue growth than 97% of similar nonprofits.
Balance Sheet
Assets
Flat$695
Flat from 2023
Net Assets
$695
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Flat$15,547
Flat from 2023
Expenses
Flat$15,611
Flat from 2023
Net Income
Flat-$64
Flat from 2023
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Nov 14, 2024
- Return Version
- 2023v5.1
- Gross Receipts
- $15,547
Mission and Program Overview
Mission
HomeLA Developments mission is to advocate for equitable community development and economic empowerment for at-risk and vulnerable communities in Los Angeles by developing affordable housing and neighborhood assets, providing community-driven supportive services, and producing initiatives that offer access to economic development opportunities and promote community well-being. By building welcoming and caring communities that empower residents, we envision a Los Angeles where everyone lives with opportunity, dignity, and autonomy.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DOMESTIC AFFORDABLE HOUSING DEVELOPMENT | - | $2,375 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| REBECCA WEE | CFO | - | $0 | - | - |
| COLIN FOON | Secretary | - | $0 | - | - |
| MARK ECHEVERRI | Director | - | $0 | - | - |
| RENE SANCHEZ | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Homela Development
- EIN
- 84-2298847
- Phone
- 6264869924
- Address
- 1855 S MOUNTAIN AVE, MONROVIA, CA 91016
Signing Officer
- Name
- Rebecca Wee
- Title
- CFO
- Signed
- 2024-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- RMD Financial Services
- Address
- 106 W Lime Ave Suite 205, Monrovia, CA 91016
- Preparer
- Manny Sacdalan CPA
- Phone
- 6264869924
Supplemental Narrative
Additional Explanations
Other Expenses.1002
“Office Expenses $1138”
Other Expenses.1
“OUTSIDE SERVICE $1554”
Other Expenses.2
“DUES & SUBSCRIPTIONS $54”
Other Expenses.3
“BANK CHARGES $19”
Raw XML Appendix116 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Rebecca Wee |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6264869924 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1855 S MOUNTAIN AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MONROVIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 91016 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 759 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 695 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 15547 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -64 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 12846 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 759 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 695 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 15547 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 759 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 695 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 759 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 695 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | REBECCA WEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | COLIN FOON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MARK ECHEVERRI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | RENE SANCHEZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CFO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2765 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | HomeLA Developments mission is to advocate for equitable community development and economic empowerment for at-risk and vulnerable communities in Los Angeles by developing affordable housing and neighborhood assets, providing community-driven supportive services, and producing initiatives that offer access to economic development opportunities and promote community well-being. By building welcoming and caring communities that empower residents, we envision a Los Angeles where everyone lives with opportunity, dignity, and autonomy. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DOMESTIC AFFORDABLE HOUSING DEVELOPMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2375 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 15611 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 2375 |
| IRS990EZ/TotalRevenueAmt | 0 | 15547 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | [email protected] |
| IRS990ScheduleA/ChurchInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Office Expenses $1138 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | OUTSIDE SERVICE $1554 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DUES & SUBSCRIPTIONS $54 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | BANK CHARGES $19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.3 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | REBECCA WEE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HOMELA DEVELOPMENT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOME |
| ReturnHeader/Filer/EIN | 0 | 842298847 |
| ReturnHeader/Filer/PhoneNum | 0 | 6264869924 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1855 S MOUNTAIN AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MONROVIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91016 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 472520966 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RMD Financial Services |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 106 W Lime Ave Suite 205 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Monrovia |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91016 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6264869924 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Manny Sacdalan CPA |
| ReturnHeader/ReturnTs | 0 | 2024-11-14T16:37:18-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $695
- Liabilities
- -
- Net assets
- $695
- Revenue
- $15,547
- Expenses
- $15,611
- Net income
- -$64