Homeful Foundation FY2022 filing

Tax-deductible

Laguna Hills, CA501(c)(3)HousingEIN 38-4009282Revenue $595K in FY2022

On file with the IRShomefulfoundation.org23091 Mill Creek Dr, 92653-1258 · Laguna Hills, CATax-exempt since Sep 2016Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Home(ful) Foundation ("Foundation") provides ongoing support to other qualified 501(c)(3) charitable organizations to help eradicate homelessness.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
3 of 5
filings with a surplus
Average surplus $102K a year · 11% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
28 mo
of spending, in cash
Looks good: 28.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$9K
0.4% of total assets
Looks good: liabilities are 0% 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
$595K
-27% vs prior year
Spent
$918K
To programs
94%
Net assets
$2.4M
By yearFY2020–FY2024
Revenue
$595K
FY2022▼ -27%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$819K
FY2022$595K
FY2023$461K
FY2024$832K
Expenses
$918K
FY2022▲ +44%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$638K
FY2022$918K
FY2023$510K
FY2024$643K
Net assets
$2.4M
FY2022▼ -12%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.8M
FY2022$2.4M
FY2023$2.4M
FY2024$2.6M

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2016.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $867K Management & general 6% · $52K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Director/President
$0Pt VII · Sec A
Director/Secretary
$0Pt VII · Sec A
Director/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director/Officer
$0Pt VII · Sec A
See Homeful Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aYes

Programs and updates

Supports charities working to end homelessness.

Questions for Homeful Foundation

Tap to ask. Homeful Foundation sees how many people are interested.

Your first name shows with your question. Homeful Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $867K · in their own filed words · FY2022
01

Charity Fund

Funds are used by the approved charities for general and other expenses as outlined in the charity agreement. A net amount of $579,497.16 was granted in 2022 to 7 other 501(c) (3) local charitable organizations and the local county and city.

$867Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 34 grants · $3.0M · 2020–2024
Poverello HouseCA · FY2024$25,000
Willow BranchCA · FY2024$7,542
Social Impact FundCA · FY2023$95,000
Homeaid Inland EmpireCA · FY2023$25,000
Social Impact FundCA · FY2022$190,000
Visalia Rescue MissionCA · FY2022$20,000
Poverello HouseCA · FY2022$20,000
Social Impact FundCA · FY2021$190,000
Homeaid AmericaCA · FY2021$50,000
Orangewood FoundationCA · FY2021$30,000
St John'sCA · FY2021$25,000
See all 34 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$595K
Ln 12
Gifts and grantsLn 1h$591K
Investment incomeLn 3$4K
Money outPt IX
$918K
Ln 25
Programscol B$867K
Managementcol C$52K
Owns and owesPt X
$2.4M
net assets · Ln 32
Cash and savingsLn 1–2$2.1M
Total assetsLn 16$2.5M
LiabilitiesLn 26$9K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$591K
Investment incomeLn 3$4K
Total revenueLn 12$595K
Assets in detailPt X, end of year
CashLn 1$2.1M
Cash and savings togetherLn 1–2$2.1M
Land, buildings, equipmentLn 10c$234K
Total assetsLn 16$2.5M
LiabilitiesLn 26$9K
Net assetsLn 32$2.4M
OperationsPt I, VI
EmployeesI 54
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 FY22End FY22
Cash and savingsLn 1–2$2.3M$2.1M
Land, buildings, equipmentLn 10c$356K$234K
Total assetsLn 16$2.8M$2.5M
LiabilitiesLn 26$9K$9K
Net assetsLn 32$2.8M$2.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$579K$579K
Pay of current officers, directors and key staffLn 5$148K$100K$47K
Payroll taxesLn 10$13K$9K$4K
Accounting feesLn 11c$13K$13K
Other fees for servicesLn 11g$338$338
Office expensesLn 13$304$304
Depreciation, depletion and amortizationLn 22$122K$122K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$40K$40K
Total functional expensesLn 25$918K$867K$52K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $832K$643K$189K$2.6M 990 PDF
FY2023 $461K$510K−$49K$2.4M 990 PDF
FY2022 Viewing $595K$918K−$323K$2.4M 990 PDF
FY2021 $819K$638K$181K$2.8M 990 PDF
FY2020 $2.0M$1.5M$514K$2.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $595,264 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $817,405$591,471
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,029$3,793
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $819,434$595,264
I-13 Grants and similar amounts paidPrior year $446,705$579,497
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $150,059$160,424
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $41,659$178,241
I-18 Total expensesPrior year $638,423$918,162
I-19 Revenue less expensesPrior year $181,011−$322,898
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $595,264 across 4 lines filed
VIII-1f All other contributions, gifts and grants$591,471
VIII-1h Total contributions, gifts and grants$591,471
VIII-3 Investment incomeExcluded from tax $3,793$3,793
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,793$595,264
Part IX · Statement of functional expenses $918,162 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $579,497$579,497
IX-5 Pay of current officers, directors and key staffPrograms $100,123 · Management $47,427$147,550
IX-10 Payroll taxesPrograms $8,736 · Management $4,138$12,874
IX-11c Accounting feesPrograms $13,000$13,000
IX-11g Other fees for servicesPrograms $338$338
IX-13 Office expensesPrograms $304$304
IX-22 Depreciation, depletion and amortizationPrograms $121,925$121,925
IX-23 InsurancePrograms $2,401$2,401
IX-24 Other expenses (24a–d)Programs $40,273$40,273
IX-25 Total functional expensesPrograms $866,597 · Management $51,565 · Fundraising $0$918,162
Part X · Balance sheet $2,454,597 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $2,340,302$2,147,199
X-4 Accounts receivableStart of year $81,042$73,709
X-10c Land, buildings and equipment, netStart of year $355,614$233,689
X-16 Total assetsStart of year $2,776,958$2,454,597
X-25 Other liabilitiesStart of year $8,761$9,298
X-26 Total liabilitiesStart of year $8,761$9,298
X-27 Net assets without donor restrictionsStart of year $2,768,197$2,445,299
X-32 Total net assets or fund balancesStart of year $2,768,197$2,445,299
X-33 Total liabilities and net assetsStart of year $2,776,958$2,454,597
Part XI · Reconciliation of net assets $2,445,299 net assets at year end
XI-1 Total revenue$595,264
XI-2 Total expenses$918,162
XI-3 Revenue less expenses−$322,898
XI-4 Net assets at start of year$2,768,197
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,445,299

Form 990 e-file (XML) FY2022 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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

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.