Civic Intelligence

Parkside Edc

EIN 95-4812754 • 501(c)3 • Los Angeles, CA

Profile

Scholarships to High School Students

4323 Leimert BlvdLos Angeles, CA 90008

www.parksideedc.org

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

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

Liabilities / Revenue

61st percentile

0.00x

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

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

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

39th percentile

-9.0%

Faster asset growth than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-17%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$85,661

Down $8,523 (-9.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$85,661

Down $8,523 (-9.0%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin27th percentile

Revenue

Down

$59,629

Down $12,057 (-17%) from 2023

Expenses

Down

$68,152

Down $11,003 (-14%) from 2023

Net Income

Down

-$8,523

Down $1,054 (-14%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

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

$150K$100K$50K$0Assets 2010: $16,051Liabilities 2010: $02010Assets 2011: $14,212Liabilities 2011: $02011Assets 2012: $19,707Liabilities 2012: $02012Assets 2013: $24,107Liabilities 2013: $02013Assets 2017: $46,833Liabilities 2017: $0Net Assets 2017: $46,8332017Assets 2018: $39,125Liabilities 2018: $0Net Assets 2018: $39,1252018Assets 2019: $43,936Liabilities 2019: $0Net Assets 2019: $43,9362019Assets 2021: $69,212Liabilities 2021: $0Net Assets 2021: $69,2122021Assets 2022: $104,653Liabilities 2022: $0Net Assets 2022: $104,6532022Assets 2023: $94,184Liabilities 2023: $0Net Assets 2023: $94,1842023Assets 2024: $85,661Liabilities 2024: $0Net Assets 2024: $85,6612024

Highlighted filing

2024

Assets$85,661
Liabilities$0
Net Assets$85,661
Open 2024 Filing

Operations Trend

Revenue Growth34th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $24,576Expenses 2010: $11,459Net Income 2010: $13,1172010Revenue 2011: $18,620Expenses 2011: $20,459Net Income 2011: -$1,8392011Revenue 2012: $42,093Expenses 2012: $36,598Net Income 2012: $5,4952012Revenue 2013: $43,860Expenses 2013: $39,460Net Income 2013: $4,4002013Revenue 2017: $78,547Expenses 2017: $65,249Net Income 2017: $13,2982017Revenue 2018: $78,475Expenses 2018: $86,183Net Income 2018: -$7,7082018Revenue 2019: $80,124Expenses 2019: $77,380Net Income 2019: $2,7442019Revenue 2021: $71,611Expenses 2021: $38,190Net Income 2021: $33,4212021Revenue 2022: $107,619Expenses 2022: $68,552Net Income 2022: $39,0672022Revenue 2023: $71,686Expenses 2023: $79,155Net Income 2023: -$7,4692023Revenue 2024: $59,629Expenses 2024: $68,152Net Income 2024: -$8,5232024

Highlighted filing

2024

Revenue$59,629
Expenses$68,152
Net Income-$8,523
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$85,661
Liabilities
$0
Net assets
$85,661
Revenue
$59,629
Expenses
$68,152
Net income
-$8,523
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.60$0.68$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.72$0.79$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$1.08$0.69$0.39
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.72$0.38$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.80$0.77$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.78$0.86$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.79$0.65$0.13
2013Summary only. Only limited summary data is available for this year.$0.24$0.00$0.44$0.39$0.04
2012Summary only. Only limited summary data is available for this year.$0.20$0.00$0.42$0.37$0.05
2011Summary only. Only limited summary data is available for this year.$0.14$0.00$0.19$0.20$0.02
2010Summary only. Only limited summary data is available for this year.$0.16$0.00$0.25$0.11$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$59,629
Mission and Program Overview

Mission

Community Services Outreach and College scholarship for High School students.

Scholarships to High School Students

Program Services

DescriptionGrantsExpenses
Scholarship to hight school students-$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerrold L SmithCEO PresidentPT$0--
Jerome JonesVice PresidentPT$0--
Brooks BooksTreausrePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf----
Jazz----
Filing and Contact Details

Filer

Filer Name
Parkside Economic Development Corporation
EIN
95-4812754
In Care Of
% Jerrold Smith
Phone
3232966694
Address
4323 Leimert Blvd, Los Angeles, CA 90008

Signing Officer

Name
Jerrold Smith
Title
Treasurer
Phone
3102189391
Signed
2025-05-19
Discuss with paid preparer
Yes

Preparer

Firm
DL Murphy Inc
Address
5901 Green Valley Cie 140, Culver City, CA 90230
Preparer
David Murphy Ea
Phone
3106492022
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountInterst Income 852”

List of grants and similar amounts paid Part I line 10

“Activity Scholarships Grantee Students Street Various Address City, State, Zip Culver City, CA 90230Relationship None Amount 21,300”

Description of other expenses Part I line 16

“Description AmountManagement & General 8,404Financial Literacy 1,400Donations to Non-Profits 1,628Bank Fees 82Golf Tour. Expenses 27,081Professional Fees 4,546Taxes 100Final Push to Students 2,000”

Raw XML Appendix141 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0David Murphy
IRS990EZ/BooksInCareOfDetail/PhoneNum03104180226
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05901 Green Valley Circle Ste 140
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Culver City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090230
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt094184
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt085661
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt017618
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8523
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt094184
IRS990EZ/Form990TotalAssetsGrp/EOYAmt085661
IRS990EZ/FundraisingGrossIncomeAmt041159
IRS990EZ/GrantsAndSimilarAmountsPaidAmt021300
IRS990EZ/GrossReceiptsAmt059629
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt094184
IRS990EZ/NetAssetsOrFundBalancesEOYAmt085661
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt094184
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt085661
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jerrold L Smith
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jerome Jones
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brooks Books
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treausre
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt045241
IRS990EZ/OtherRevenueTotalAmt0852
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Scholarships to High School Students
IRS990EZ/PrintingPublicationsPostageAmt01611
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Scholarship to hight school students
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt041159
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt068152
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt059629
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.parksideedc.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt017618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt085119
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt071611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt029400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0210657
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02352
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02352
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98900
IRS990ScheduleA/PublicSupportPY170Pct00.98960
IRS990ScheduleA/PublicSupportTotal170Amt0210657
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt017618
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06909
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt085119
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt071611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt029400
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0210657
IRS990ScheduleA/TotalSupportAmt0213009
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Jazz
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountInterst Income 852
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Scholarships Grantee Students Street Various Address City, State, Zip Culver City, CA 90230Relationship None Amount 21,300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description AmountManagement & General 8,404Financial Literacy 1,400Donations to Non-Profits 1,628Bank Fees 82Golf Tour. Expenses 27,081Professional Fees 4,546Taxes 100Final Push to Students 2,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JERROLD SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03102189391
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Parkside Economic Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0954812754
ReturnHeader/Filer/InCareOfNm0% Jerrold Smith
ReturnHeader/Filer/PhoneNum03232966694
ReturnHeader/Filer/USAddress/AddressLine1Txt04323 Leimert Blvd
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090008
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0753011014
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DL Murphy Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05901 Green Valley Cie 140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Culver City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090230
ReturnHeader/PreparerPersonGrp/PhoneNum03106492022
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID MURPHY EA
ReturnHeader/ReturnTs02025-07-03T02:39:36-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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