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Nonprofiteer
← INGLEWOOD COMMUNITY PROGRAMS

Form 990 for tax year 2023

Filed by INGLEWOOD COMMUNITY PROGRAMS.

Totals

Total revenue
$836,836
Total expenses
$896,447
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$831,175
Investment income
$5,661
Other revenue
$0
Total assets, end of year
$26,322,444
Total liabilities, end of year
$22,481,063
Net assets or fund balances, end of year
$3,841,381
Program services expenses (Part IX)
$896,447
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$896,447

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENTAL REVENUE

    total $831,175 · related or exempt $831,175

  • 3 · Investment income

    total $5,661 · excluded $5,661

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $326,131 · program services $326,131

  • 22 · Depreciation, depletion and amortization

    total $570,316 · program services $570,316

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $760,806 · end of year $688,577

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,672,231 · end of year $2,298,906

  • 10a · Land, buildings and equipment: cost or other basis

    $25,084,463

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,749,502

  • 10c · Land, buildings and equipment, net

    beginning of year $23,927,010 · end of year $23,334,961

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,055 · end of year $56,063

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $22,425,000 · end of year $22,425,000

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $3,900,992 · end of year $3,841,381

Mission and programs · 2023

Mission

TO OWN AND MANAGE REAL ESTATE ASSETS THAT SUPPORT THE YOUTH ORCHESTRA LOS ANGELES PROGRAM OF THE LOS ANGELES PHILHARMONIC ASSOCIATION.

Activities or mission (Part I)

SEE SCHEDULE O

  • INGLEWOOD COMMUNITY PROGRAMS ("ICP") MANAGES THE RENOVATION PROJECT OF A BUILDING IN INGLEWOOD WITH THE INTENTION TO HOUSE THE YOUTH ORCHESTRA LOS ANGELES ("YOLA") PROGRAM FOR THE LOS ANGELES PHILHARMONIC ASSOCIATION. THE YOLA PROGRAM PROVIDES FREE MUSIC EDUCATION OPPORTUNITIES TO LOCAL YOUTH.

    Expenses $896,447 · Revenue $831,175

As filed on the 2023 return.

Listed in Part VII

  • Kim Noltemy

    DIRECTOR, CEO (AS OF 7/24)

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Mona Patel

    DIRECTOR, SECRETARY

    Total calculated
    $451,098
    From this org
    $0
    From related orgs
    $424,943
    Other
    $26,155
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,943 related
    Bonus
    $0 + $50,000 related
    Other
    $0
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $16,255 related
    Filer's total
    $0 + $451,098 related
  • Glenn Briffa

    DIRECTOR, CFO

    Total calculated
    $422,096
    From this org
    $0
    From related orgs
    $420,000
    Other
    $2,096
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $360,000 related
    Bonus
    $0 + $60,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $2,096 related
    Filer's total
    $0 + $422,096 related
  • Glenn Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Reynolds Cafferata

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Daniel Song

    INTERIM CEO (THRU 7/24), COO

    Total calculated
    $653,251
    From this org
    $0
    From related orgs
    $601,268
    Other
    $51,983
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $501,268 related
    Bonus
    $0 + $100,000 related
    Other
    $0
    Deferred
    $0 + $8,036 related
    Nontaxable benefits
    $0 + $43,947 related
    Filer's total
    $0 + $653,251 related
  • Chad Smith

    FMR. DIR. & BOARD CHAIR (THRU 08/23)

    Total calculated
    $1,019,386
    From this org
    $0
    From related orgs
    $995,467
    Other
    $23,919
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $770,467 related
    Bonus
    $0 + $225,000 related
    Other
    $0
    Deferred
    $0 + $2,615 related
    Nontaxable benefits
    $0 + $21,304 related
    Filer's total
    $0 + $1,019,386 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE FOLLOWING METHODS WERE USED TO ESTABLISHED THE COMPENSATION OF THE ORGANIZATION'S CEO AT A RELATED ORGANIZATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
25 July 2025
IRS schema version
2023v6.0
Source object
202502069349301555

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