Encino Franklin Fields INC EIN 72-1555178 Form 990 (PDF) Claim this org

Encino Franklin Fields INC

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Maintains fields and facilities for youth sports, instruction, and cycling to promote recreation. For fiscal year 2024 it reported $323K in revenue, $297K in expenses, and $141K in net assets.Pt I

Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Tarzana, CA
Website
encinofranklinfields.org
Filings
5 on file (2020–2024)
Revenue
$323KFY2024
Expenses
$297K
Net assets
$141K
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  72-1555178 Public charity (501(c)(3)) Tarzana, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Maintains fields and facilities for youth sports, instruction, and cycling to promote recreation.
Leadership
Yeu Hong · Treasurer
Money in and out
$323K revenue, $297K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$323K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $26K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
5.5mo
months of highly liquid reserves at operating expense rate▲ +10% vs prior filing year
Surplus margin
+8%
revenue over expenses, this year▼ -63% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$323K
FY2024▼ -1%
Expenses
$297K
FY2024▲ +16%
Total assets
$144K
FY2024▲ +26%
Total liabilities
$4K
FY2024
Total revenue
$323K
Pt VIII · Ln 12
Total expenses
$297K
Pt IX · Ln 25
Net assets
$141K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$26K
Total assetsPt X · Ln 16$144K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEncino Franklin Fields INC
EINHdr · item D72-1555178
Principal addressHdr · item CTarzana, CA
WebsiteHdr · item Jencinofranklinfields.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N32)
Ruling yearIRS BMFNov 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $297K of program spending, described in the organization's own filed words · FY2024.
01

Program Service Accomplishments

Eff maintains and improves fields and other facilities on land consisting of 28 acres that it leases for $1/YEAR from the united states army corps of ENGINEERS.THE space of the above fields and facilities are licensed to seven different sporting organizations (5 of which are 501(c)(3) non-profit organizations) for their use, four club…

$297Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$305K · 95%
Investment income$17K · 5%
Program service revenue95%$305K
Investment income5%$17K
Total revenueLn 12$323K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$297K
Total functional expensesLn 25$297K

Balance Sheet

Part X · end of year
CashLn 1$137K
Total assetsLn 16$144K
Total liabilitiesLn 26$4K
Total net assetsLn 32$141K
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $137K · Operating expenses/yr $297K
5.5 months
Where the money goes
Program services
Program services $297K · Total expenses $297K
100%
Management & General
Management & general $0 · Total expenses $297K
0%
Fundraising
Fundraising $0 · Total expenses $297K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $323K
0%
Government reliance
Government grants — · Total revenue $323K
Earned-income share
Program service revenue $305K · Total revenue $323K
95%
Investment reliance
Investment income $17K · Total revenue $323K
+5%
Program self-sufficiency
Program service revenue $305K · Total expenses $297K
103%
Growth & trend
Revenue growth (YoY)
This year $323K · Prior year $326K
-1%
Revenue CAGR
FY2020 $137K · FY2024 $323K
+24%
Net-asset trend (YoY)
End of year $141K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $323K · Expenses $297K
+8%
Liabilities-to-Assets
Total liabilities — · Total assets $144K
Net-asset ratio
Net assets $141K · Total assets $144K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $144K
0%
People & payroll
Highest Reported Total Compensation
Individual Yeu Hong · Reported title Treasurer · Highest reported compensation $0 · Total expenses $297K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $297K
0%
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 -1%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$323K revenue · viewing · ⤓ 990 PDF
FY2023$326K revenue · ⤓ 990 PDF
FY2022$203K revenue · ⤓ 990 PDF
FY2021$174K revenue · ⤓ 990 PDF
FY2020$137K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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