Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,740,332

• 1e · Government grants (contributions)

  $8,068,221

• 1f · All other contributions, gifts and grants

  $32,758,641

• 1g · Noncash contributions included above

  $1,429,538

• 2a · Program service revenue: HONORARIA

  total $316,511 · related or exempt $316,511

• 3 · Investment income

  total $776,390 · excluded $776,390

• 5 · Royalties

  total $144,743 · excluded $144,743

• 6a · Gross rents

  real property $43,028

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $43,028

• 6d · Net rental income or loss

  total $43,028 · excluded $43,028

• 8a · Fundraising events: gross income

  $883,827

• 8a · Fundraising events: contributions included on line 1c

  $1,740,332

• 8b · Fundraising events: direct expenses

  $883,827

• 8c · Net income from fundraising events

  total $0

• 10a · Gross sales of inventory

  $4,779,244

• 10b · Cost of goods sold

  $1,869,350

• 10c · Net income from sales of inventory

  total $2,909,894 · related or exempt $2,909,894

• 11a · Other revenue: OTHER MISC LOSS

  total -$161,233 · excluded -$161,233

• 11e · Other revenue, total

  -$161,233

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $7,402,813 · program services $7,402,813

• 2 · Grants to domestic individuals

  total $1,800 · program services $1,800

• 5 · Compensation of officers, directors and key employees

  total $861,199 · program services $677,549 · management and general $93,110 · fundraising $90,540

• 7 · Other salaries and wages

  total $11,814,707 · program services $9,295,233 · management and general $1,277,370 · fundraising $1,242,104

• 8 · Pension plan contributions

  total $150,000 · program services $122,154 · management and general $15,754 · fundraising $12,092

• 9 · Other employee benefits

  total $1,154,749 · program services $940,383 · management and general $121,279 · fundraising $93,087

• 10 · Payroll taxes

  total $1,078,505 · program services $878,293 · management and general $113,271 · fundraising $86,941

• 11b · Fees: legal

  total $9,666 · management and general $9,666

• 11c · Fees: accounting

  total $92,544 · management and general $92,544

• 11g · Fees: other

  total $2,265,113 · program services $978,686 · management and general $907,991 · fundraising $378,436

• 12 · Advertising and promotion

  total $33,819 · program services $9,340 · management and general $5,517 · fundraising $18,962

• 13 · Office expenses

  total $1,194,903 · program services $576,491 · management and general $353,835 · fundraising $264,577

• 14 · Information technology

  total $375,483 · program services $136,526 · management and general $199,131 · fundraising $39,826

• 16 · Occupancy

  total $769,300 · program services $567,663 · management and general $154,301 · fundraising $47,336

• 17 · Travel

  total $840,406 · program services $651,595 · management and general $170,332 · fundraising $18,479

• 19 · Conferences, conventions and meetings

  total $28,566 · program services $22,148 · management and general $5,790 · fundraising $628

• 20 · Interest

  total $104,616 · program services $29,544 · management and general $44,973 · fundraising $30,099

• 22 · Depreciation, depletion and amortization

  total $786,357 · program services $580,249 · management and general $157,722 · fundraising $48,386

• 23 · Insurance

  total $299,453 · program services $70,737 · management and general $129,623 · fundraising $99,093

• 24a · Other expenses: PROGRAM EXPENSES

  total $1,337,417 · program services $1,276,751 · management and general $45,336 · fundraising $15,330

• 24b · Other expenses: TRANSITION SUPPORT

  total $677,904 · program services $666,693 · management and general $11,211

• 24c · Other expenses: EQUIPMENT RENTAL & MAIN

  total $396,901 · program services $292,871 · management and general $79,608 · fundraising $24,422

• 24d · Other expenses: MEMBERSHIP DUES

  total $22,017 · program services $17,071 · management and general $4,462 · fundraising $484

• 24e · All other expenses

  total $588,359 · program services $118,909 · management and general $267,574 · fundraising $201,876

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $43,018,334 · end of year $9,519,297

• 2 · Savings and temporary cash investments

  end of year $10,551,285

• 3 · Pledges and grants receivable

  beginning of year $1,203,526 · end of year $14,230,347

• 4 · Accounts receivable

  beginning of year $2,322,819 · end of year $215,156

• 8 · Inventories for sale or use

  beginning of year $224,656 · end of year $172,822

• 9 · Prepaid expenses and deferred charges

  beginning of year $167,930 · end of year $158,866

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

  $23,791,323

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

  $9,460,502

• 10c · Land, buildings and equipment, net

  beginning of year $8,709,231 · end of year $14,330,821

• 11 · Investments: publicly traded securities

  end of year $32,511,654

• 12 · Investments: other securities

  beginning of year $245,261 · end of year $252,761

• 15 · Other assets

  beginning of year $3,231,318 · end of year $5,367,260

• 17 · Accounts payable and accrued expenses

  beginning of year $2,422,168 · end of year $2,897,737

• 19 · Deferred revenue

  beginning of year $5,615,991 · end of year $15,019,532

• 23 · Secured mortgages and notes payable

  beginning of year $85,000 · end of year $3,641,672

• 24 · Unsecured notes and loans payable

  beginning of year $800,000 · end of year $800,000

• 25 · Other liabilities

  beginning of year $948,204 · end of year $2,172,991

• 27 · Net assets without donor restrictions

  beginning of year $41,985,382 · end of year $41,982,514

• 28 · Net assets with donor restrictions

  beginning of year $7,266,330 · end of year $20,795,823

The filer's explanations (Part III)

PART I, LINE 7

BONUSES ARE DETERMINED BY THE CEO BASED ON REVENUE AND COST CONTROL PERFORMANCE.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• REGEN LA LLC

  INACTIVE · DE

  Directly controlled by HOMEBOY INDUSTRIES

• HOMEBOY VENTURES LLC

  TRAINING SUPPORT · CA · income $0

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• HOMEBOY RECYCLING

  C · RECYCLING · CA · 75% owned · share of income -$148,230 · share of assets $1,271,816

  Directly controlled by HOMEBOY INDUSTRIES