Homeward Bound 2000 in Culver City, California (CA)

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Homeward Bound 2000
Employer Identification Number (EIN)954809025
Name of OrganizationHomeward Bound 2000
In Care of NameHome Ownership Made Easy
Address5601 W Slauson Ave Ste 180, Culver City, CA 90230-6538
SubsectionCharitable Organization
Ruling Date08/2000
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$196,050
Amount of Income$41,497
Form 990 Revenue Amount$41,497
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Housing Development, Construction, Management


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Amount of income in 2014: $41,497 (it was $42,209 in 2013)
This organization: 

 $41,497
Other organizations performing similar types of work: 

 $141,278

Assets in 2014: $196,050 (it was $207,739 in 2013)
This organization: 

 $196,050
Other organizations performing similar types of work: 

 $740,093

Expenses in 2013: $39,950
Homeward Bound 2000: 

 $39,950
Other organizations performing similar types of work: 

 $124,074

Income to expenses ratio in 2013: 1.0
Homeward Bound 2000: 

 1.0
Other organizations performing similar types of work: 

 0.7

Grants share in income in 2013: 43.7%
Homeward Bound 2000: 

 43.7%
Other organizations performing similar types of work: 

 3.7%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$53,448$49,222$42,209
Contributions, gifts, grants, and similar amounts received$0$0$18,458
Program service revenue including government fees and contracts$28,680$29,520$14,281
Membership dues and assessments$0$0$0
Investment income$16$0$13
Gain/Loss from sale of assets other than inventory$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$24,752$19,702$9,457
Total expenses$38,793$35,102$39,950
Total net assets$-95,050$-94,429$-92,170
Excess/Deficit for the year$14,655$14,120$2,259
Net assets or fund balances at beginning of year$-109,705$-95,050$-94,429
Other changes in net assets or fund balances$0$-13,499$0
Net assets or fund balances at end of year$-94,429$-92,170
Balance Sheets
201120122013
Total assets$242,974$213,796$207,739
Total liabilities$338,024$308,225$299,909
Net assets or fund balances$-95,050$-94,429$-92,170
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$155,089
Subtotal$155,089
Gifts, grants, contributions, and membership fees received$140,808
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$14,281
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$231,083
Public support$155,089
Subtotal$80
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$80
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$75,914
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Vf Affordable Housing Inc448 Depot St Ne, Christiansbrg, VA 24073-2050VA2000-11$716,864
2Vine Street Manor Housing Corp2300 Flora, Kansas City, MO 64108MO2004-03$366,819
3Hometown Community Development Corporation8711 Monroe Court Suite A, Rancho Cucamonga, CA 91730CA1999-04$55,417,325
4Restore Neighborhoods La Inc315 W 9th St Ste 407, Los Angeles, CA 90015-4207CA2010-04$46,170,813
5Wilshire Retirement Center Fallbrook Inc285 South St, San Luis Obispo, CA 93401-5037CA2001-01$8,414,114
6University Glen Corporation45 Rincon Dr Unit 104a, Camarillo, CA 93012-8423CA2002-09$5,661,500
7Roeser Housing Development Corporation29700 Woodford Tehachapi Rd, Keene, CA 93531CA2009-07$5,195,441
8Rural Communities Housing Development Corporation499 Leslie St, Ukiah, CA 95482-5506CA2009-01$3,311,563
9Rufino Contreras Affordable Housing Corporation Inc29700 Woodford Tehachapi Rd, Keene, CA 93531CA2002-03$3,242,750
10San Mateo County Colleges Educational Housing Corporation3401 Csm Dr, San Mateo, CA 94402-3651CA2006-04$1,674,447
11Milpitas Economic Development Corporation455 E Calaveras Blvd, Milpitas, CA 95035-5411CA2012-07$1,661,464
12Women Organizing Resources Knowledge And Services795 N Ave 50, Los Angeles, CA 90042-3282CA1998-08$1,576,832
13Heart Of Compassion1248 S Rosal Ave, Concord, CA 94521-3358CA2011-03$1,569,598
14St Catherine Rhf Housing Inc911 N Studebaker Rd, Long Beach, CA 90815-4900CA2000-08$1,562,891
15Vista Del Monte Affordable Housing Inc29700 Woodford Tehachapi Rd, Keene, CA 93531CA2000-12$1,085,151
16Tustin Affordable Housing Corporation18100 Von Karman Ave Ste 500, Irvine, CA 92612-0196CA1999-09$1,054,139
17San Francisco Community Investment Fund1 Dr Carlton B Goodlett Place No, San Francisco, CA 94102-4603CA2012-02$1,049,796
18Santa Clara Teacher Housing Foundation1201 Franklin Mall, Santa Clara, CA 95050-4806CA2002-08$1,021,249
19Casa Del Sol Mobile Home Corporation5030 Business Center Drive, Fairfield, CA 94534-6874CA2013-04$946,641
20Tri-Counties Community Housing Corporation520 E Montecito St, Santa Barbara, CA 93103-3278CA2009-08$928,900
Number of organizations performing similar types of work
Alaska15
Alabama79
Arkansas52
Arizona71
California590
Colorado62
Connecticut70
District of Columbia39
Delaware21
Florida278
Georgia199
Hawaii37
Iowa49
Idaho18
Illinois189
Indiana97
Kansas30
Kentucky63
Louisiana165
Massachusetts149
Maryland116
Maine37
Michigan201
Minnesota80
Missouri91
Mississippi47
Montana28
North Carolina133
North Dakota11
Nebraska34
New Hampshire15
New Jersey159
New Mexico19
Nevada27
New York431
Ohio189
Oklahoma55
Oregon47
Pennsylvania186
Rhode Island30
South Carolina70
South Dakota22
Tennessee105
Texas313
Utah33
Virginia114
Vermont10
Washington71
Wisconsin64
West Virginia23
Wyoming10
International36
Total5,080

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