Homeboy Industries FY2020 filing

Tax-deductible

Los Angeles, CA501(c)(3)Since 2000Youth DevelopmentEIN 95-4800735Revenue $27.0M in FY2020

On file with the IRShomeboy-industries.org130 Bruno St, 90012-1815 · Los Angeles, CATax-exempt since Mar 2001Publicly supported charity — 170(b)(1)(A)(vi)

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Provides hope, training & support to previously incarcerated & formerly gang involved people.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$969K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
5 of 5
filings with a surplus
Average surplus $12.9M a year · 29% 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
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$969K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $163K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6.3M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
27
of 28 voting members
Looks good: 27 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27.0M
Spent
$19.2M
To programs
80%
Net assets
$19.5M
By yearFY2020–FY2024
Revenue
$27.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$27.0M
FY2021$52.3M
FY2022$46.6M
FY2023$47.2M
FY2024$47.0M
Expenses
$19.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$19.2M
FY2021$22.5M
FY2022$32.3M
FY2023$40.0M
FY2024$41.7M
Net assets
$19.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$19.5M
FY2021$49.3M
FY2022$62.8M
FY2023$72.5M
FY2024$78.5M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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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 Mar 2001.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $15.4M Management & general 12% · $2.2M Fundraising 8% · $1.6M

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

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Who runs it and what they're paid

36 people listed on the 990; $969K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Development Officer
$221,511Pt VII · Sec A
VP Social Enterprises
$159,723Pt VII · Sec A
Chief Program Officer
$117,330Pt VII · Sec A
$112,900Pt VII · Sec A
Human Resources Director
$110,831Pt VII · Sec A
Dir Information Technology
$110,291Pt VII · Sec A
Executive Director
$86,131Pt VII · Sec A
CFO (left March 2020)
$50,203Pt VII · Sec A

Steven Manuel Delgado’s $275K as Chief Operating Officer is at the 63rd percentile of top reported officer pay among 189 $10–100M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Steven Manuel Delgado$274,887$263,777$253,803$250,503$221,511
Gilbert Muro$209,575$199,373$193,325$73,577—
Shirley Torres$190,873$168,693$161,317$135,749$117,330
Arlin Crane——$164,223$178,315$159,723
Tessa Madden Storms—$165,863———
Tessa Storms——$160,954——
Donna Harati$147,495$135,850———
De Andre Comers$139,753————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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

Provides job training, rehabilitation, and support services to formerly incarcerated and gang-involved individuals to help them redirect their lives.

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Provided by the organization

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3 programs · $11.9M · in their own filed words · FY2020
01

Social Enterpriseshomeboy Bakery

Trainees at our oldest social enterprise business learn all aspects of baking, from ordering supplies to perating a pastry machine to interacting with customers. We sell artisan breads, pastries, and cakes at our headquarters and farmers' markets around los angeles, as well as to local restaurants.

$5.0Mprogram expense
02

Kinship grant program (homeboy services, inc.)

$3.7Mprogram expense
03

Workforce development & support servicescase management, curriculum, job development, legal services, catering, mental health, AIRPORT/LICENSING, merchandise, solar panel, retreats, silkscreen, tatoo removal

$3.2Mprogram 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 · FY2025
See all 11 funders →
Grants paid · 6 grants · $33.1M · 2020–2024
Homeboy Services INCCA · FY2024$8,787,797
Homeboy Services INCCA · FY2023$8,186,658
Homeboy Services INCCA · FY2022$7,402,813
Homeboy Services INCCA · FY2021$4,832,702
Homeboy Services INCCA · FY2020$3,715,184
Homeboy Art Academy INCCA · FY2020$164,096

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$27.0M
Ln 12
Gifts and grantsLn 1h$23.2M
Other incomeLn 4–11$3.6M
Fees for servicesLn 2g$177K
Money outPt IX
$19.2M
Ln 25
Programscol B$15.4M
Managementcol C$2.2M
Fundraisingcol D$1.6M
Owns and owesPt X
$19.5M
net assets · Ln 32
Cash and savingsLn 1–2$11.1M
Total assetsLn 16$25.8M
LiabilitiesLn 26$6.3M
PeoplePt VI, VII
36
listed · VII A
PaidVII A8
Voting boardVI 1a28
IndependentVI 1b27
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$23.2M
Government grantsLn 1e$2.7M
Noncash giftsLn 1g$200K
Fundraising eventsLn 1c$1.1M
Fees for servicesLn 2g$177K
Other incomeLn 4–11$3.6M
Total revenueLn 12$27.0M
Assets in detailPt X, end of year
CashLn 1$11.1M
Cash and savings togetherLn 1–2$11.1M
InvestmentsLn 11–13$245K
Land, buildings, equipmentLn 10c$8.7M
Other assetsLn 15$2.4M
Total assetsLn 16$25.8M
LiabilitiesLn 26$6.3M
Net assetsLn 32$19.5M
OperationsPt I, VI
EmployeesI 5412
VolunteersI 627
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 FY20End FY20
Cash and savingsLn 1–2$954K$11.1M
InvestmentsLn 11–13$245K$245K
Land, buildings, equipmentLn 10c$7.7M$8.7M
Total assetsLn 16$14.4M$25.8M
LiabilitiesLn 26$2.4M$6.3M
Net assetsLn 32$12.0M$19.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$3.9M$3.9M
Pay of current officers, directors and key staffLn 5$255K$200K$30K$25K
Other salaries and wagesLn 7$8.9M$7.0M$1.0M$882K
Pension plan contributionsLn 8$50K$39K$6K$5K
Other employee benefitsLn 9$343K$269K$42K$33K
Payroll taxesLn 10$746K$584K$91K$71K
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$105K$105K
Professional fundraising feesLn 11e$28K$28K
Other fees for servicesLn 11g$1.1M$741K$103K$286K
Advertising and promotionLn 12$25K$1K$17K$7K
Office expensesLn 13$759K$372K$276K$112K
Information technologyLn 14$123K$19K$99K$5K
OccupancyLn 16$620K$496K$101K$23K
TravelLn 17$303K$205K$41K$58K
Conferences, conventions and meetingsLn 19$997$673$134$190
InterestLn 20$41K$11K$13K$16K
Depreciation, depletion and amortizationLn 22$513K$410K$84K$19K
InsuranceLn 23$162K$87K$67K$8K
Other expenses (24a–d)Ln 24$1.1M$1.0M$75K$7K
All other expensesLn 24e$103K$55K$43K$5K
Total functional expensesLn 25$19.2M$15.4M$2.2M$1.6M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $47.0M$41.7M$5.3M$78.5M 990 PDF
FY2023 $47.2M$40.0M$7.2M$72.5M 990 PDF
FY2022 $46.6M$32.3M$14.3M$62.8M 990 PDF
FY2021 $52.3M$22.5M$29.8M$49.3M 990 PDF
FY2020 Viewing $27.0M$19.2M$7.8M$19.5M 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
See the full FY2020 990 (6 parts)
Part I · Summary $26,957,212 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $13,293,536$23,204,975
I-9 Program service revenuePrior year $291,864$177,431
I-10 Investment incomePrior year $215$0
I-11 Other revenuePrior year $4,471,478$3,574,806
I-12 Total revenuePrior year $18,057,093$26,957,212
I-13 Grants and similar amounts paidPrior year $1,878,568$3,879,280
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $10,683,016$10,283,976
I-16a Professional fundraising feesPrior year $0$27,500
I-17 Other expensesPrior year $5,440,919$5,008,083
I-18 Total expensesPrior year $18,002,503$19,198,839
I-19 Revenue less expensesPrior year $54,590$7,758,373
Part VI · Governance 27 of 28 board members independent, no flags
VI-1a Voting members of the governing body28
VI-1b Independent voting members27
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 $26,957,212 across 11 lines filed
Lines not itemized here account for $3,306,592 of total revenue; see the IRS return.
VIII-1c Fundraising events$1,131,720
VIII-1e Government grants$2,749,173
VIII-1f All other contributions, gifts and grants$19,324,082
VIII-1g Noncash contributions (included above)$200,399
VIII-1h Total contributions, gifts and grants$23,204,975
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $177,431$177,431
VIII-5 RoyaltiesExcluded from tax $38,236$38,236
VIII-6 Net rental income or lossExcluded from tax $45,000$45,000
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $184,978$184,978
VIII-12 Total revenueRelated to mission $3,484,023 · Unrelated business $0 · Excluded from tax $268,214$26,957,212
Part IX · Statement of functional expenses $19,198,839 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $3,879,280$3,879,280
IX-5 Pay of current officers, directors and key staffPrograms $200,101 · Management $29,530 · Fundraising $25,265$254,896
IX-7 Other salaries and wagesPrograms $6,978,862 · Management $1,028,620 · Fundraising $881,902$8,889,384
IX-8 Pension plan contributionsPrograms $39,143 · Management $6,096 · Fundraising $4,761$50,000
IX-9 Other employee benefitsPrograms $268,800 · Management $41,859 · Fundraising $32,693$343,352
IX-10 Payroll taxesPrograms $584,290 · Management $90,989 · Fundraising $71,065$746,344
IX-11b Legal feesManagement $7,950$7,950
IX-11c Accounting feesManagement $105,208$105,208
IX-11e Professional fundraising feesFundraising $27,500$27,500
IX-11g Other fees for servicesPrograms $740,614 · Management $102,741 · Fundraising $285,897$1,129,252
IX-12 Advertising and promotionPrograms $1,417 · Management $16,524 · Fundraising $6,621$24,562
IX-13 Office expensesPrograms $371,684 · Management $275,509 · Fundraising $112,069$759,262
IX-14 Information technologyPrograms $18,700 · Management $99,324 · Fundraising $4,659$122,683
IX-16 OccupancyPrograms $496,440 · Management $101,194 · Fundraising $22,658$620,292
IX-17 TravelPrograms $204,548 · Management $40,768 · Fundraising $57,640$302,956
IX-19 Conferences, conventions and meetingsPrograms $673 · Management $134 · Fundraising $190$997
IX-20 InterestPrograms $11,370 · Management $12,963 · Fundraising $16,246$40,579
IX-22 Depreciation, depletion and amortizationPrograms $410,262 · Management $83,628 · Fundraising $18,725$512,615
IX-23 InsurancePrograms $86,820 · Management $67,296 · Fundraising $7,891$162,007
IX-24 Other expenses (24a–d)Programs $1,033,700 · Management $75,499 · Fundraising $7,191$1,116,390
IX-24e All other expensesPrograms $55,375 · Management $42,922 · Fundraising $5,033$103,330
IX-25 Total functional expensesPrograms $15,382,079 · Management $2,228,754 · Fundraising $1,588,006$19,198,839
Part X · Balance sheet $25,813,936 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $953,781$11,081,360
X-3 Pledges and grants receivableStart of year $2,430,000$1,825,407
X-4 Accounts receivableStart of year $711,965$1,320,356
X-8 Inventories for sale or useStart of year $164,321$223,187
X-9 Prepaid expenses and deferred chargesStart of year $88,083$91,915
X-10c Land, buildings and equipment, netStart of year $7,736,799$8,665,993
X-12 Other securitiesStart of year $245,261$245,261
X-15 Other assetsStart of year $2,113,189$2,360,457
X-16 Total assetsStart of year $14,443,399$25,813,936
X-17 Accounts payable and accrued expensesStart of year $1,554,442$1,544,959
X-19 Deferred revenue$1,649,267
X-24 Unsecured notes and loans payableStart of year $800,000$2,467,900
X-25 Other liabilitiesStart of year $55,000$33,908
X-26 Total liabilitiesStart of year $2,409,442$6,281,034
X-27 Net assets without donor restrictionsStart of year $8,382,624$16,219,663
X-28 Net assets with donor restrictionsStart of year $3,651,333$3,313,239
X-32 Total net assets or fund balancesStart of year $12,033,957$19,532,902
X-33 Total liabilities and net assetsStart of year $14,443,399$25,813,936
Part XI · Reconciliation of net assets $19,532,902 net assets at year end
XI-1 Total revenue$26,957,212
XI-2 Total expenses$19,198,839
XI-3 Revenue less expenses$7,758,373
XI-4 Net assets at start of year$12,033,957
XI-8 Prior period adjustments$324
XI-9 Other changes in net assets−$259,752
XI-10 Net assets at end of year$19,532,902

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

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