Hermandad Los Angeles Economic & Community Development Corporation
Only null% goes to programs Strong reserves Declining revenue
Hermandad Los Angeles Economic & Community Development Corporation is a 501(c)(3) organization based in North Hollywood, California, registered in 1998, with $183,973 in FY2023 revenue. CharityIndex grades it C+.
11559 Sherman Way, North Hollywood, CA, 91605 EIN 95-4578897 Since 1998
Revenue (FY2023)
$184K
▼ 34.6% vs prior year
Housing median: $408K
Expenses (FY2023)
$181K
Net assets
$851K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Hermandad Los Angeles Economic & Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating57 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hermandad Los Angeles Economic & Community Development Corporation: 57 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Hermandad Los Angeles Economic & Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hermandad Los Angeles Economic & Community Development Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 11559 Sherman Way, North Hollywood, CA, 91605
- City
- North Hollywood
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Housing Support Services
Financial trends
Revenue grew from $175K (FY2012) to $184K (FY2023) across 12 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5,720Net assets $851K
Operating margin
1.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$857K
Total liabilities
$5,720
Net assets
$851K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $183,973▼34.6% | $180,522▲8.3% | $850,880▲0.4% | $856,600▲0.5% | 990 |
| 2022 | $281,383▲8.5% | $166,728▲31.1% | $847,429▲15.6% | $851,978▲15.8% | 990 |
| 2021 | $259,292▲10.8% | $127,201▲0.2% | $732,774▲22.0% | $736,040▲18.4% | 990 |
| 2020 | $234,043▲156% | $126,929▲10.3% | $600,683▲21.7% | $621,419▲20.6% | 990 |
| 2019 | $91,447▼49.6% | $115,087▼20.6% | $493,569▼4.6% | $515,232▼2.0% | 990 |
| 2018 | $181,458▼1.3% | $144,881▲9.5% | $517,209▲7.6% | $525,675▲8.5% | 990 |
| 2017 | $183,794▼3.1% | $132,265▲4.1% | $480,632▲12.0% | $484,408▲11.8% | 990EZ |
| 2016 | $189,708▲165% | $127,075▼10.7% | $429,103▲17.1% | $433,347▲17.1% | 990EZ |
| 2015 | $71,622▼64.1% | $142,286▲5.0% | $366,470▼16.2% | $369,967▼15.8% | 990EZ |
| 2014 | $199,590▲37.0% | $135,524▲4.8% | $437,134▲17.2% | $439,483▲16.4% | 990EZ |
| 2013 | $145,671▼16.9% | $129,260▼31.1% | $373,068▲4.6% | $377,478▲3.7% | 990EZ |
| 2012 | $175,325 | $187,644▲22.7% | $356,657▼3.3% | $363,976▼70.4% | 990EZ |
| 2011 | — | $152,931 | $368,976 | $1,229,371 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Housing
Housing
Converse-kokomo Oic Housing Services Inc
Long Beach, CA
$184K
Dannual revenue
- Housing
New Demensions Corporation
Fairfield, CA
$184K
Fannual revenue
- Housing
Burbank Accessible Apartments Corporation
Chatsworth, CA
$184K
Fannual revenue
- Housing
Dwight Way Housing Inc
Berkeley, CA
$183K
Fannual revenue
Housing
Suburban Alternatives Land Trust
Novato, CA
$185K
Dannual revenue
- Housing
Turntable
San Francisco, CA
$183K
C+annual revenue
- Housing
Vets Advocacy Inc
Los Angeles, CA
$183K
Dannual revenue
- Housing
Prosperity Way Inc
Beverly Hills, CA
$185K
Cannual revenue
- Housing
Embrace Worldwide
Lakeside, CA
$185K
C+annual revenue
- Housing
Western Developments For Affordable Housing Inc
Costa Mesa, CA
$182K
C+annual revenue
Compare Hermandad Los Angeles Economic & Community Development Corporation
Frequently asked questions
- Is Hermandad Los Angeles Economic & Community Development Corporation a legitimate nonprofit?
- Yes. Hermandad Los Angeles Economic & Community Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-4578897, based in North Hollywood, California. Donations are tax-deductible.
- What is Hermandad Los Angeles Economic & Community Development Corporation's EIN?
- Hermandad Los Angeles Economic & Community Development Corporation's Employer Identification Number (EIN) is 95-4578897.
- How much revenue does Hermandad Los Angeles Economic & Community Development Corporation report?
- Hermandad Los Angeles Economic & Community Development Corporation reported $183,973 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Hermandad Los Angeles Economic & Community Development Corporation have?
- CharityIndex grades Hermandad Los Angeles Economic & Community Development Corporation C+, based on financial health (reserves and operating margin).
More nonprofits in North Hollywood
Explore more
Data for Hermandad Los Angeles Economic & Community Development Corporation (EIN 95-4578897) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.