356 Foundation INC FY2020 filing

Tax-deductible

Los Angeles, CA501(c)(3)Youth DevelopmentEIN 86-1949344Revenue $770K in FY2020

On file with the IRS595 S Burlingame Ave, 90049-4834 · Los Angeles, CATax-exempt since Jun 2022Publicly supported charity — 170(b)(1)(A)(vi)

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356 Foundation, INC. Exists to provide tools that enhance the confidence and skill-sets of at-risk youth while empowering students with educational and occupational opportunities. Through programs and services designed to enhance confidence and build skills, this will empower at-risk youth with resources they need to thrive in their daily lives and careers.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · 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
4 of 5
filings with a surplus
Average surplus $158K a year · 88% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Liabilities
$3K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$770K
Spent
$3K
Net assets
$767K
By yearFY2020–FY2024
Revenue
$770K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$770K
FY2021$20K
FY2022$44K
FY2023$52K
FY2024$16K
Expenses
$3K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3K
FY2021$17K
FY2022$26K
FY2023$40K
FY2024$26K
Net assets
$767K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$767K
FY2021$771K
FY2022$788K
FY2023$799K
FY2024$789K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 Jun 2022.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $3K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See 356 Foundation INC executive salaries →

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Programs and updates

Empowers at-risk youth with tools, education, and job opportunities to build confidence and skills.

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Provided by the organization

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By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$770K
Ln 12
Gifts and grantsLn 1h$770K
Money outPt IX
$3K
Ln 25
Managementcol C$3K
Owns and owesPt X
$767K
net assets · Ln 32
Total assetsLn 16$770K
LiabilitiesLn 26$3K
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$770K
Total revenueLn 12$770K
Assets in detailPt X, end of year
Total assetsLn 16$770K
LiabilitiesLn 26$3K
Net assetsLn 32$767K
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $16K$26K−$10K$789K 990 PDF
FY2023 $52K$40K$11K$799K 990 PDF
FY2022 $44K$26K$17K$788K 990 PDF
FY2021 $20K$17K$4K$771K 990 PDF
FY2020 Viewing $770K$3K$767K$767K 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

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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