philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Decro Epsilon Corporation

Tax-deductible

Culver City, CA501(c)(3)Housing EIN 33-0520450Revenue $3.4M in FY2024

On file with the IRSdecro.org3431 Wesley St Ste F, 90232-2365 · Culver City, CATax-exempt since Oct 1992Publicly supported — 509(a)(2)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The mission of Decro Epsilon Corporation and its affiliates is to provide affordable, safe, and well-maintained housing and services for low-income families and seniors.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $233K a year · 25% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.6 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$26K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
+794% vs prior year
Spent
$2.4M
To programs
99%
Net assets
$933K
By yearFY2020–FY2024
Revenue
$3.4M
FY2024▲ +794%
Tap a bar for its year
Revenue by fiscal year
FY2020$304K
FY2021$305K
FY2022$321K
FY2023$380K
FY2024$3.4M
Expenses
$2.4M
FY2024▲ ×10
Tap a bar for its year
Expenses by fiscal year
FY2020$303K
FY2021$295K
FY2022$301K
FY2023$239K
FY2024$2.4M
Net assets
$933K
FY2024▲ ×17
Tap a bar for its year
Net assets by fiscal year
FY2020−$234K
FY2021−$224K
FY2022−$204K
FY2023−$63K
FY2024$933K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $2.4M Management & general 1% · $17K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Irene Choi
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Paul Pieroth
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Ted Handel
Chief Executive Officer
$0Pt VII · Sec A
Erin Foreman
Senior Project Manager
$0Pt VII · Sec A
See Decro Epsilon Corporation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

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

Questions for Decro Epsilon Corporation

Tap to ask. Decro Epsilon Corporation sees how many people are interested.

Your first name shows with your question. Decro Epsilon Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $2.4M · in their own filed words · FY2024
01

Housing was provided for low-income families and seniors

$2.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $2.2M · 2024–2024
Decro CorporationCA · FY2024$2,158,970

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$3.4M
Ln 12
Investment incomeLn 3$3.3M
Fees for servicesLn 2g$71K
Other incomeLn 4–11$246
Money outPt IX
$2.4M
Ln 25
Programscol B$2.4M
Managementcol C$17K
Owns and owesPt X
$933K
net assets · Ln 32
Cash and savingsLn 1–2$119K
Total assetsLn 16$959K
LiabilitiesLn 26$26K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$71K
Investment incomeLn 3$3.3M
Other incomeLn 4–11$246
Gains on assetsLn 7$3.3M
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$119K
Cash and savings togetherLn 1–2$119K
Other assetsLn 15$826K
Total assetsLn 16$959K
LiabilitiesLn 26$26K
Net assetsLn 32$933K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$189K$119K
Total assetsLn 16$1.7M$959K
LiabilitiesLn 26$1.8M$26K
Net assetsLn 32−$63K$933K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.2M$2.2M
Management feesLn 11a$2K$2K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$8K$8K
Office expensesLn 13$5K$5K
OccupancyLn 16$103K$103K
InterestLn 20$11K$11K
Depreciation, depletion and amortizationLn 22$42K$42K
InsuranceLn 23$189$189
Other expenses (24a–d)Ln 24$66K$66K
Total functional expensesLn 25$2.4M$2.4M$17K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.4M$2.4M$996K$933K 990 PDF
FY2023 $380K$239K$141K−$63K 990 PDF
FY2022 $321K$301K$20K−$204K 990 PDF
FY2021 $305K$295K$10K−$224K 990 PDF
FY2020 $304K$303K$397−$234K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $3,395,133 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $327,339$70,824
I-10 Investment incomePrior year $102$3,324,063
I-11 Other revenuePrior year $52,173$246
I-12 Total revenuePrior year $379,614$3,395,133
I-13 Grants and similar amounts paidPrior year $0$2,158,970
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $239,075$239,745
I-18 Total expensesPrior year $239,075$2,398,715
I-19 Revenue less expensesPrior year $140,539$996,418
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $3,395,133 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $70,824$70,824
VIII-3 Investment incomeExcluded from tax $2,017$2,017
VIII-7 Net gain or loss on sales of assetsRelated to mission $3,322,046$3,322,046
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $246$246
VIII-12 Total revenueRelated to mission $3,393,116 · Unrelated business $0 · Excluded from tax $2,017$3,395,133
Part IX · Statement of functional expenses $2,398,715 across 10 lines filed
IX-1 Grants to domestic organizationsPrograms $2,158,970$2,158,970
IX-11a Management feesManagement $2,100$2,100
IX-11b Legal feesManagement $2,405$2,405
IX-11c Accounting feesManagement $7,670$7,670
IX-13 Office expensesManagement $4,977$4,977
IX-16 OccupancyPrograms $103,405$103,405
IX-20 InterestPrograms $10,587$10,587
IX-22 Depreciation, depletion and amortizationPrograms $42,466$42,466
IX-23 InsurancePrograms $189$189
IX-24 Other expenses (24a–d)Programs $65,946$65,946
IX-25 Total functional expensesPrograms $2,381,563 · Management $17,152 · Fundraising $0$2,398,715
Part X · Balance sheet $959,237 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $189,191$119,159
X-4 Accounts receivableStart of year $44,174$14,079
X-9 Prepaid expenses and deferred chargesStart of year $6,630$0
X-14 Intangible assetsStart of year $42,123$0
X-15 Other assetsStart of year $877,676$825,999
X-16 Total assetsStart of year $1,713,049$959,237
X-17 Accounts payable and accrued expensesStart of year $27,465$23,107
X-19 Deferred revenueStart of year $1$0
X-25 Other liabilitiesStart of year $24,494$0
X-26 Total liabilitiesStart of year $1,776,342$26,112
X-27 Net assets without donor restrictionsStart of year −$63,293$933,125
X-32 Total net assets or fund balancesStart of year −$63,293$933,125
X-33 Total liabilities and net assetsStart of year $1,713,049$959,237
Part XI · Reconciliation of net assets $933,125 net assets at year end
XI-1 Total revenue$3,395,133
XI-2 Total expenses$2,398,715
XI-3 Revenue less expenses$996,418
XI-4 Net assets at start of year−$63,293
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$933,125

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.