Form 990 for tax year 2022

Totals

Total revenue

$648,153

Total expenses

$559,259

Contributions and grants received

$636,358

Grants paid

$0

Program service revenue

$11,874

Investment income

$0

Other revenue

-$79

Total assets, end of year

$436,852

Total liabilities, end of year

$3,184

Net assets or fund balances, end of year

$433,668

Program services expenses (Part IX)

$466,845

Management and general expenses

$92,414

Fundraising expenses

$0

Program service expenses (Part III)

$466,845

Program services were 83.5% 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.

Mission and programs · 2022

• ALL OF PROGRAMS LISTED BELOW ARE DESIGNED TO IMPROVE THE CALIFORNIA HOUSING MARKET AND ARE BEING PROVIDED BY THE ORGANIZATION AS FOLLOWS:DEVELOPING HOMEOWNERSHIP - FIRST TIME HOME BUYER WORKSHOPSWORKING WITH INDIVIDUALS AND HOUSEHOLDS WHOM ARE BUYING THEIR FIRST HOME OR THOSE WHO ARE RETURNING BACK INTO HOMEOWNERSHIP, AND HAVE THE DESIRE TO EDUCATE THEMSELVES, IN THE PROCESS AND IMPORTANCE OF PLANNING AHEAD IN ORDER TO MANAGE THEIR FINANCES AND BECOME SUCCESSFUL HOMEOWNERS. OUR HUD APPROVED WORKSHOPS COVER THE FOLLOWING:PREPARING FOR HOMEOWNERSHIPMANAGING FINANCESUNDERSTANDING THE IMPORTANCE OF GOOD CREDITTHE PROCESS OF QUALIFYING FOR A MORTGAGEAVAILABLE DOWN PAYMENT AND CLOSING COSTS PROGRAMSIMPORTANCE OF PROTECTING INVESTMENTS.MAINTAINING HOMEOWNERSHIP - FORECLOSURE PREVENTIONEDUCATING HOMEOWNERS ABOUT THE MORTGAGE PROCESS WE OFFER GROUP AND ONE ON ONE COUNSELING SESSIONS SO THAT INDIVIDUALS MAY BETTER UNDERSTAND THE OPTIONS AVAILABLE AND HOW TO MAKE IT THROUGH A FINANCIAL HARDSHIP. THROUGH THE PROCESS THEY WILL LEARN ABOUT GOVERNMENT PROGRAMS THAT MAY OFFER RELIEF. THEY WILL ALSO BE INFORMED ABOUT ALTERNATIVES OPTIONS; REPAYMENT PLANS, FORBEARANCE, DEED-IN-LIEU AND LIQUIDATION. OUR HOUSING ADVISERS WORK WITH HOMEOWNERS AND THEIR FINANCIAL INSTITUTION IN ORDER TO PROVIDE THE BEST POSSIBLE OUTCOME. FINANCIAL LITERACY EDUCATION - MONEY MANAGEMENTOUR FINANCIAL LITERACY WORKSHOPS INCLUDE THE FOLLOWING:CREATING A BUDGETSTRATEGIES ON HOW TO MANAGE FINANCESCONSEQUENCES ON FALLING BEHIND ON DEBTMANAGING PERSONAL ASSETSCREDIT MANAGEMENTWE OFFER CREDIT REPAIR ASSISTANCE WORKSHOPS OR ONE ON ONE COUNSELING TO CONSUMERS INTERESTED IN CLEANING UP THEIR CREDIT REPORT ISSUES. THE RESULT WILL CAUSE THE CONSUMER TO HAVE A BETTER CREDIT (FICO) SCORE. OUR CREDIT REPAIR ASSISTANCE WORKSHOPS OR COUNSELING INCLUDES THE FOLLOWING:REVIEW OF THE CREDIT REPORTPRIORITIZING DEBTSCREATING A BUDGETHOW TO REDUCE DEBTS AND EXPENSESSTRATEGIES TO REBUILD CREDITHOW TO AVOID IDENTITY THEFT AND CREDIT SCAMSRENTAL ASSISTANCEWE PROVIDE A COMPREHENSIVE LIST OF PROPERTY MANAGEMENT COMPANIES OFFERING AVAILABLE AFFORDABLE HOUSING, AS WELL AS COMPANIES OFFERING FINANCIAL ASSISTANCE WITH THE FIRST MONTH RENT, LAST MONTH RENT AND SECURITY DEPOSIT REQUIREMENTS.HOMELESS ASSISTANCEA LIST OF FACILITIES OFFERING HOUSING ASSISTANCE TO HOMELESS INDIVIDUALS, FAMILIES, OR VETERANS IS PROVIDED UPON REQUEST.THESE PROGRAMS AND SERVICES ARE GEARED TOWARD THOSE WITHIN THE DEMOGRAPHIC POPULATIONS OF POOR AND LOW TO MODERATE INCOME HOUSEHOLDS. THESE PROGRAMS ARE DESIGNED TO PROVIDE QUALITY HOUSING EDUCATION TO HOUSEHOLDS WITHIN THE COMMUNITY THAT HAVE A DESIRE TO IMPROVE THEIR FINANCIAL AND HOUSING SITUATION.

  Expenses $466,845 · Revenue $666,478

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2022

Filed

7 November 2023

IRS schema version

2022v5.0

Source object

202303119349303255

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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