Decro Chi Corporation

Culver City, CAUnknown exempt organizationEIN 33-0520447

The corporation is to provide affordable, safe and well-maintained housing and services for low-income families and seniors.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Is it filing on time?
FY2021
latest Form 990
IRS e-file · Filing history
Is it financially stable?
1 of 2
years in the black
Pt I · Ln 19 · 2 filings
How much reaches the programs?
100%
of spending
Pt IX · Ln 25 · col B
Do they carry debt?
$0
liabilities
Pt X · Ln 26
Who oversees it?
8
independent of 8 voting board members
Pt VI · Ln 1a–1b
Revenue
$109K
×22 vs prior year
Spent
$768
To programs
100%
Net assets
$0
By yearFY2020–FY2021
Revenue
$109K
FY2021▲ ×22
Revenue by fiscal year
FY2020$5K
FY2021$109K
Expenses
$768
FY2021▼ -92%
Expenses by fiscal year
FY2020$10K
FY2021$768
Net assets
$0
FY2021▲ +100%
Net assets by fiscal year
FY2020−$109K
FY2021$0

From the FY2021 Form 990 · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Not on file
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
No filing since FY2021 — 5 yrs
Legal name (IRS)Hdr · item CDecro Chi Corporation
EINHdr · item D33-0520447
Exempt statusHdr · item I501(c)(3) · active
Latest filingForm 990FY2021 · Form 990
Principal addressHdr · item CCulver City, CA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.decro.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$768
Total functional expensesLn 25$768

Financial health

Is it on solid ground?

Surplus margin
+99%
revenue over expenses, this year▲ +203% vs prior filing year
Program spending
100%
of expenses reach programs0% vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Total assets
$0
FY2021▲ +100%
Total assets by fiscal year
FY2020−$109K
FY2021$0
Total liabilities
$0
FY2021▼ -100%
Total liabilities by fiscal year
FY2020$600
FY2021$0
Revenue less expensesPt I · Ln 19$109K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Statement of Revenue

Part VIII
Investment income100%$109K
Total revenueLn 12$109K

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $768
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $768 · Total expenses $768
100%
Management & General
Management & general $0 · Total expenses $768
0%
Fundraising
Fundraising $0 · Total expenses $768
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $109K
0%
Government reliance
Government grants — · Total revenue $109K
—
Earned-income share
Program service revenue $0 · Total revenue $109K
0%
Investment reliance
Investment income $109K · Total revenue $109K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $768
0%
Growth & trend
Revenue growth (YoY)
This year $109K · Prior year $5K
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $109K · Expenses $768
+99%
Liabilities-to-Assets
Total liabilities — · Total assets $0
—
Net-asset ratio
Net assets $0 · Total assets $0
—
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jil Richman · Reported title CHAIR · Highest reported compensation $0 · Total expenses $768
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $768
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Revenue growth ×22——
Accounting fee ratio 73%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Decro Chi Corporation executive salaries →

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Governance & Policies

Part VI
  • 8Voting board membersPt VI · Ln 1a
  • 8Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides affordable, safe housing and services for low-income families and seniors.

Provided by the organization

This section is blank until Decro Chi Corporation claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $768 of program spending, described in the organization's own filed words · FY2021.
01

The organization owned a general partnership interest in decro nordhoff, L.P. Decro nordhoff, L.P. Is a california limited partnership, which owns a 38-UNIT affordable housing project for low and very low income families known as casa de familiar de nordhoff located in north hills, california.

$768program expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2021 Latest Viewing $109K$768×22 990 PDF
FY2020 $5K$10K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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