Civic Intelligence

Sole Folks Community Development Inc

EIN 93-2575837 • 501(c)3 • Los Angeles, CA

Profile

Sole Folks Community Development Corporation is a pioneering force dedicated to nurturing vibrant communities through a holistic approach to sustainable growth and empowerment. With a deep-rooted commitment to social justice and community well-being Sole Folks CDC spearheads diverse initiatives spanning art agriculture finance real estate education and entrepreneurship. Through collaborative efforts and innovative solutions Sole Folks CDC fosters inclusive spaces where individuals thrive businesses flourish and neighborhoods flourish. Join us as we cultivate a brighter future for all one community at a time.

4317 Degnan BlvdLos Angeles, CA 90008

https: www.solefolkscommunitydevelopment.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$4,993

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$4,993

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin66th percentile

Revenue

$120,000

No earlier filing loaded for comparison.

Expenses

$105,762

No earlier filing loaded for comparison.

Net Income

$14,238

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0K$4.0K$2.0K$0Assets 2024: $4,993Net Assets 2024: $4,9932024

Highlighted filing

2024

Assets$4,993
Liabilities-
Net Assets$4,993
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2024: $120,000Expenses 2024: $105,762Net Income 2024: $14,2382024

Highlighted filing

2024

Revenue$120,000
Expenses$105,762
Net Income$14,238
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,993
Liabilities
-
Net assets
$4,993
Revenue
$120,000
Expenses
$105,762
Net income
$14,238
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.05$0.05$1.20$1.06$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 18, 2025
Return Version
2024v5.1
Gross Receipts
$120,000
Mission and Program Overview

Mission

Sole Folks Community Development Corporation is a pioneering force dedicated to nurturing vibrant communities through a holistic approach to sustainable growth and empowerment. With a deep-rooted commitment to social justice and community well-being Sole Folks CDC spearheads diverse initiatives spanning art agriculture finance real estate education and entrepreneurship. Through collaborative efforts and innovative solutions Sole Folks CDC fosters inclusive spaces where individuals thrive businesses flourish and neighborhoods flourish. Join us as we cultivate a brighter future for all one community at a time.

Program Services

DescriptionGrantsExpenses
Sole Folks Garden$0$0
Sole Folks Art Lab$0$0
Sole Folks Credit Union$0$0
Sole Folks Vendor College$0$0
Sole Folks Podcast$0$0
Sole Folks Grocer$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dewey WestCEOFT$0--
Jeanine DanielsSecretaryPT$0--
Alisa WestTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Sole Folks Community Development Inc
EIN
93-2575837
In Care Of
% Dewey M West
Address
4317 Degnan Blvd, Los Angeles, CA 90008

Signing Officer

Name
Dewey West
Title
CEO
Signed
2025-06-18
Discuss with paid preparer
Yes

Preparer

Firm
Peace of Mind Offerings
Address
695 Santa Barbara St, Pasadena, CA 91101
Preparer
Audrey Capilla
Supplemental Narrative

Additional Explanations

Part I, line 16

“| Other Expenses:, Amount:| Bank charges, $180.00| Fiscal sponsor payout to GOD ON THE INSIDE INTERNATIONAL BROOKLYN NY, $96430.00|”

Part I, line 20

“| Description:, Explanation:, Amount:| Equity: Distributions, Equity: Distributions, $-9245|”

Raw XML Appendix226 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Other Expenses:, Amount:| Bank charges, $180.00| Fiscal sponsor payout to GOD ON THE INSIDE INTERNATIONAL BROOKLYN NY, $96430.00|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Description:, Explanation:, Amount:| Equity: Distributions, Equity: Distributions, $-9245|
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ReasonableCauseExplanation/ExplanationTxt0California wildfire disaster delayed filing
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/ReturnTs02025-06-17T09:39:30-04:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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