NEW ECONOMICS FOR WOMEN: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- NEW ECONOMICS FOR WOMEN (EIN 95-3969029)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-12-18
- IRS object ID
- 202433539349301508
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-18T17:13:28-06:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 954557617 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Harrington Group CPAs LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2698 Mataro Street | AddressLine1Txt |
| City | Pasadena | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 953969029 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Economics for Women | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWE | BusinessNameControlTxt |
| Phone | 2134832060 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 South Loma Drive | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Leticia Andueza | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 2134832060 | PhoneNum |
| Signature | 2024-12-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Oswaldo D Torres CPA | PreparerPersonNm |
| PTIN | P02465082 | PTIN |
| Phone | 6264036801 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Leticia Andueza | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 South Loma Drive | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,445,467 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.neweconomicsforwomen.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | To empower generations of under-resourced women and their families to thrive. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 113 | TotalEmployeeCnt |
| Total Volunteers | 77 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,674,571 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,253,748 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $824,139 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,082,669 | CYProgramServiceRevenueAmt |
| PY Investment Income | $90,185 | PYInvestmentIncomeAmt |
| CY Investment Income | $102,372 | CYInvestmentIncomeAmt |
| PY Other Revenue | $35,479 | PYOtherRevenueAmt |
| CY Other Revenue | $6,678 | CYOtherRevenueAmt |
| PY Total Revenue | $12,624,374 | PYTotalRevenueAmt |
| CY Total Revenue | $10,445,467 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $897,436 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $833,179 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,154,509 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $6,093,817 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $6,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $141,584 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,708,829 | PYOtherExpensesAmt |
| CY Other Expenses | $5,491,090 | CYOtherExpensesAmt |
| PY Total Expenses | $10,760,774 | PYTotalExpensesAmt |
| CY Total Expenses | $12,424,086 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,863,600 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,978,619 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $48,885,489 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,697,263 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,850,516 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $44,594,679 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $15,034,973 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,102,584 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | A world where generations of women and their families thrive. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,718,695 | ExpenseAmt |
| Grant | $266,313 | GrantAmt |
| Revenue | $49,906 | RevenueAmt |
| Desc | FamilySource Centers: Through NEW's two FamilySource Centers (FSCs), NEW empowers thousands of adults, youth, and children to provide access to resources to stabilize and economically empower families, and assist in their development of pathways toward economic prosperity. In partnership with the City of Los Angeles, NEW acts as the lead agency for FSCs located in the Canoga Park and Van Nuys communities of Los Angeles. At each site, NEW's partnerships with other community-based to provide low-income families with high quality services, workshops and events to enable increases to family income, housing stability, and economic mobility. Families enrolled in the FSCs can access a holistic spectrum of anti-poverty services including case management, employment services, legal services, free tax preparation, financial literacy classes, financial coaches, technology workshops and computer labs, youth leadership and college/career readiness activities, and many more. NEW's focus on behavioral economics helps to provide inroads for low-income families to achieve true upward economic mobility and sustained success over time. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,281,288 | ExpenseAmt |
| Grant | $6,006 | GrantAmt |
| Desc | Women's Business Center: NEW's SBA Women's Business Center (WBC) Program helps aspiring entrepreneurs receive the motivational support, education and practical tools they need to transform their personal passion into a thriving small business. These small business upstarts work to provide economic mobility accelerators to each owner, while spurring job growth and economic stability for the employees and areas served by these powerful small businesses. WBC is part of a thriving interconnected ecosystem of services designed to spar economic mobility in families. WBC has provided thousands of participants with high quality resources for business development, both in person and virtually, with an emphasis on Spanish and Armenian language resources, due to the needs of the local community in the Canoga Park area of Los Angeles. Educational workshops led by industry professionals are offered to participants, addressing topics from finance to social media marketing to emotional resilience, and specific programs have been developed to address fashion and restaurant industries. Fast-paced innovation and strategic use of technology has become a hallmark of the WBC Program, and its marketing to women and BIPOC entrepreneurs, and responsiveness to all client needs for curriculum and event development, has made this one of NEW's most powerful tools for the economic mobility of its clients. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,321,186 | ExpenseAmt |
| Grant | $450 | GrantAmt |
| Revenue | $1,032,763 | RevenueAmt |
| Desc | Learning Centers: NEW's Learning Centers empower students and their families to build a foundation for academic success by elevating their aspirations and equipping them with the knowledge they need to confidently succeed as students of the world. With over 220 students enrolled in the Pico-Union and Canoga Park areas of Los Angeles, NEW provides year-round personalized homework support, a rotating selection of enrichment courses, summer and winter day camps, holiday events, community clean-ups, and a broad array of specialty programs made possible through partnerships with various other organizations dedicated to academic success. Our staff empowers students to embrace their curiosity and love of learning, and gives parents the resources to actively and confidently support their children's educational goals. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,635,467 | ExpenseAmt |
| Grant | $560,410 | GrantAmt |
| Desc | Real Estate Development: NEW's Real Estate Development Department performs both new construction, acquisition and rehabilitation of real estate to support NEW's creation of affordable housing, economic development spaces and to enable NEW's staff locations throughout the region. NEW's Real Estate Development Team also performs asset management functions to support NEW's operation of its portfolio of affordable housing and economic development sites, including interactions with Property Management affiliates and 3rd party companies. NEW has been actively involved in predevelopment work to support several affordable housing projects in the development pipeline, including new construction affordable housing projects Ruth Teague Apartments and Marcella Garden Apartments in South Los Angeles, and Parque Vista Apartments in Glassell Park, Los Angeles.On June 15th, 2022, New Economics for Women (NEW) signed a Microgrant Servicing Agreement with New Community Investments, LLC (NCI) wherein NEW will invest $2,000,000 of its C-GEM Program Allocation into NCI as its wholly owned lending entity and designated microgrant servicer. NCI will then create and administer a qualifying grant program to service at least 150 entrepreneurs over a two and one-half (2 1/2) year period living and operating in Los Angeles County. The $2 million grant program will be earmarked for C-GEM Program participants who meet the C-GEM Program requirements for microenterprise grantmaking. In addition to the $2 million investment under the Agreement, NEW will pay NCI a $250,000 total fee to perform all grant qualifications, applications, review, disbursement and tracking of qualified NEW C-GEM Program Participants over the next 30 months of the C-GEM Program operation. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,635,467 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $560,410 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $9,956,636 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 265 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 113 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Vilma Hilario Controller - 21348 | PersonNm |
| Phone | 2134832060 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 S Loma Drive | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Beatrice Olvera Stotzer | ||||||||
| President | 10.00 | 40.00 | Yes (X) | Yes (X) | $0 | $149,796 | $0 | |
| Andrew Cheng | ||||||||
| Vice President | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Belinda Barragan | ||||||||
| Secretary | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Miguel Escobar | ||||||||
| Treasurer | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Stacy Brenner | ||||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Maria L Garcia | ||||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Joan Kradin | ||||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Brianna J Mircheff | ||||||||
| Board Member (end 2/23) | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Nilda Ruiz | ||||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Welton Smith | ||||||||
| Board Member | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| Magdalena Cervantes | ||||||||
| Executive Director | 40.00 | Yes (X) | $111,490 | $0 | $18,107 | |||
| Leticia Andueza | ||||||||
| Associate Executive Director | 40.00 | $110,000 | $0 | $1,100 | Yes (X) | |||
| Alicia Matricardi | ||||||||
| Director of Real Estate | 40.00 | $106,709 | $0 | $9,531 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $328,199 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $149,796 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $28,738 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LHH Recruitment Solutions | |||||
| Dept CH 14031 | Palantine | IL | 60055 | Placement Agency | $189,777 |
| AllSafe IT LLC | |||||
| 1601 Vine Suite 600 | Los Angeles | CA | 90028 | IT | $144,407 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $6,101,371 | GovernmentGrantsAmt |
| All Other Contributions | $3,152,377 | AllOtherContributionsAmt |
| Total Contributions | $9,253,748 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Rental Income | 531390 | $688,763 | $688,763 |
| Amortization of loan services pro | 900099 | $330,000 | $330,000 |
| Mgmt. & Training fees | 611430 | $49,906 | $49,906 |
| Parking Income | 812930 | $14,000 | $14,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,082,669 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $102,372 | TotalRevenueColumnAmt |
| Exclusion | $102,372 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $6,678 | TotalRevenueColumnAmt |
| Exclusion | $6,678 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,678 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,445,467 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,082,669 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $109,050 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $833,179 | TotalAmt |
| Program Services | $833,179 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,107 | TotalAmt |
| Management And General | $133,107 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,077,683 | TotalAmt |
| Program Services | $4,916,315 | ProgramServicesAmt |
| Management And General | $100,359 | ManagementAndGeneralAmt |
| Fundraising | $61,009 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,590 | TotalAmt |
| Program Services | $14,102 | ProgramServicesAmt |
| Fundraising | $488 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $530,906 | TotalAmt |
| Program Services | $524,242 | ProgramServicesAmt |
| Management And General | $121 | ManagementAndGeneralAmt |
| Fundraising | $6,543 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $337,531 | TotalAmt |
| Program Services | $322,404 | ProgramServicesAmt |
| Management And General | $10,917 | ManagementAndGeneralAmt |
| Fundraising | $4,210 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,860 | TotalAmt |
| Program Services | $6,600 | ProgramServicesAmt |
| Management And General | $43,260 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,200 | TotalAmt |
| Program Services | $10,000 | ProgramServicesAmt |
| Management And General | $42,200 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,000 | TotalAmt |
| Fundraising | $6,000 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,805,770 | TotalAmt |
| Program Services | $1,118,218 | ProgramServicesAmt |
| Management And General | $628,626 | ManagementAndGeneralAmt |
| Fundraising | $58,926 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,129 | TotalAmt |
| Program Services | $54,824 | ProgramServicesAmt |
| Management And General | $20,305 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $648,981 | TotalAmt |
| Program Services | $541,987 | ProgramServicesAmt |
| Management And General | $105,955 | ManagementAndGeneralAmt |
| Fundraising | $1,039 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,940 | TotalAmt |
| Program Services | $175,467 | ProgramServicesAmt |
| Management And General | $31,109 | ManagementAndGeneralAmt |
| Fundraising | $2,364 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $438,922 | TotalAmt |
| Program Services | $397,339 | ProgramServicesAmt |
| Management And General | $41,583 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,557 | TotalAmt |
| Program Services | $57,397 | ProgramServicesAmt |
| Management And General | $11,160 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,414 | TotalAmt |
| Program Services | $81,701 | ProgramServicesAmt |
| Management And General | $56,713 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $484,012 | TotalAmt |
| Management And General | $484,012 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $343,249 | TotalAmt |
| Management And General | $343,249 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,303 | TotalAmt |
| Program Services | $150,855 | ProgramServicesAmt |
| Management And General | $1,443 | ManagementAndGeneralAmt |
| Fundraising | $1,005 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Maintenance | $323,231 | $268,783 | $54,448 |
| Neigh. Stabil. Program | $268,900 | $268,900 | |
| Loan close out | $104,543 | $104,543 | |
| Fees | $91,782 | $33,063 | $58,719 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,297 | TotalAmt |
| Program Services | $181,260 | ProgramServicesAmt |
| Management And General | $54,037 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,424,086 | TotalAmt |
| Program Services | $9,956,636 | ProgramServicesAmt |
| Management And General | $2,325,866 | ManagementAndGeneralAmt |
| Fundraising | $141,584 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,826,751 | BOYAmt |
| EOY | $3,263,478 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,842 | BOYAmt |
| EOY | $18,842 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,849,194 | BOYAmt |
| EOY | $975,628 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,719,705 | BOYAmt |
| EOY | $2,129,041 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,729,097 | BOYAmt |
| EOY | $15,688,416 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,533 | BOYAmt |
| EOY | $93,506 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $19,518,062 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,603,084 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,569,097 | BOYAmt |
| EOY | $14,914,978 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,127,136 | BOYAmt |
| EOY | $8,225,322 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,003,134 | BOYAmt |
| EOY | $13,388,052 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,885,489 | BOYAmt |
| EOY | $58,697,263 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $987,763 | BOYAmt |
| EOY | $1,070,276 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,669,680 | BOYAmt |
| EOY | $22,408,925 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,501,121 | BOYAmt |
| EOY | $8,448,216 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,691,952 | BOYAmt |
| EOY | $12,667,262 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,850,516 | BOYAmt |
| EOY | $44,594,679 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,734,807 | BOYAmt |
| EOY | $11,554,819 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,300,166 | BOYAmt |
| EOY | $2,547,765 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,034,973 | BOYAmt |
| EOY | $14,102,584 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,885,489 | BOYAmt |
| EOY | $58,697,263 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,978,619 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $1,046,230 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,654,629 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,693,441 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,803,955 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,674,571 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,253,748 | CurrentTaxYearAmt |
| Total | $35,080,344 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,654,629 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,693,441 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,803,955 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,674,571 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,253,748 | CurrentTaxYearAmt |
| Total | $35,080,344 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $35,080,344 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,860 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,822 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $68,296 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $90,185 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $102,372 | CurrentTaxYearAmt |
| Total | $372,535 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,084 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,609 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $111,949 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,479 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,678 | CurrentTaxYearAmt |
| Total | $220,799 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $35,673,678 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,712,817 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.98340 | PublicSupportCY170Pct |
| Public Support PY170 | 0.98210 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,869,327 | OtherCostOrOtherBasisAmt |
| Book Value | $5,869,327 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,301,592 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,481,206 | DepreciationAmt |
| Book Value | $8,820,386 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $347,143 | OtherCostOrOtherBasisAmt |
| Depreciation | $121,878 | DepreciationAmt |
| Book Value | $225,265 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $14,914,978 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Investments in Affiliates | $7,277,136 | C |
| Investment in subsidiaries | $948,186 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $8,225,322 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Deferred Dev. Fee | $578,632 |
| Due from Affiliates | $2,045,887 |
| Interest receivable | $9,049,357 |
| ERC receivable | $1,137,412 |
| Other assets | $89,193 |
| Right-of-use assets - operating leases | $487,571 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $13,388,052 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| Interest Payable | $11,000,490 |
| Security Deposits Payable | $63,893 |
| Due to Affiliates | $1,115,245 |
| Current portion of operating lease liabilities | $112,655 |
| Operating lease liabilities, net of current portion | $374,979 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $12,667,262 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X, Line 2: | FormAndLineReferenceDesc |
| Explanation | NEW is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by NEW in their federal and state exempt organization tax returns are more likely than not to be sustained upon examination. NEW's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Client support services | GrantTypeTxt |
| Recipient | 330 | RecipientCnt |
| Cash Grant | $833,179 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | All participants referred for Homeless Prevention Services are assessed for program services by completing the corresponding program Targeting Tool and if they qualify for full services they may be provided emergency financial assistance. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, line 11b | The Controller, Executive Director, Board Chairperson, and Audit Committee Chairperson review the Form 990; if no change is needed, the entire Board of Directors then review the Form 990 prior to filing. |
| Form 990, Part VI, Section B, line 12c | The organization conducts management meetings as needed to discuss issues within the organization that could trigger potential conflict of interest. |
| Form 990, Part VI, Section B, line 15a | The Executive Director's salary is determined by the Board of Directors based upon the Southern California Wage and Benefits survey prepared by the Center for Nonprofit Management, as well as an evaluation of education, experience, and other pertinent factors as determined by the Board to compute Executive compensation. Question l5 (b) Part VI has been answered "no" as there were no officers or key employees as defined by the IRS in Form 990 instructions that meet this criteria. |
| Form 990, Part VI, Section C, line 19 | The organization's governing documents, policies, and financial statements are available for inspection upon request at New Economics for Women's office located at 303 S. Loma Drive, Los Angeles, CA 90017. |
| Form 990, Part IX, line 11g | Professional services: Program service expenses 691,708. Management and general expenses 619,836. Fundraising expenses 56,819. Total expenses 1,368,363. Outside services: Program service expenses 271,337. Total expenses 271,337. Payroll services: Program service expenses 155,173. Management and general expenses 8,790. Fundraising expenses 2,107. Total expenses 166,070. |
| Form 990, Part XI, line 9: | Related organization eliminations 1,046,230. |
| Form 990, Part X, Column (A): | The Begining of year assets, liabilities, and net assets have been restated in order to accurately report the balance sheet of the parent organization and its respective disregarded entities from the prior reporting period. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| SOCOS Maintenance and Janitorial Services | |||||||||
| 303 S Loma Drive | Los Angeles | CA | 90017 | 271944135 | Provide maintenance services for NEW affordable housing | CA | $0 | -$136,097 | New Economics for Women |
| MCB LLC | |||||||||
| 303 S Loma Drive | Los Angeles | CA | 90017 | 203621096 | Holding company for NSP2 Real Properties | CA | $0 | -$12,601 | New Economics for Women |
| LCB Enterprises LLC | |||||||||
| 303 S Loma Drive | Los Angeles | CA | 90017 | 954837278 | Single purpose entity, holding company for real estate development | CA | $496,430 | $1,167,035 | New Economics for Women |
| Aguas Claras LLC | |||||||||
| 303 S Loma Drive | Los Angeles | CA | 90017 | 463691642 | Single purpose entity, holding company for real estate development | CA | $0 | $2,607 | New Economics for Women |
| NEW Community Investments LLC | |||||||||
| 303 S Loma Drive | Los Angeles | CA | 90017 | 824456218 | Make investments that lead to economic mobility and alleviate poverty | CA | $582,467 | $1,179,360 | New Economics for Women |
| Yolanda Property LLC | |||||||||
| 303 S Loma Drive | Los Angeles | CA | 90017 | 922344787 | Real estate commercial renting | CA | $244,643 | $142,936 | New Economics for Women |
| 27th and San Pedro LLC | |||||||||
| 303 S Loma Drive | Los Angeles | CA | 90017 | 922754632 | Real estate holding company | CA | $14,250 | $187,961 | New Economics for Women |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Capital LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 S Loma Drive | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954546100 | EIN |
| Primary Activities | Property management for low-income housing | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Predominant Income Type | Related | PredominantIncomeTypeTxt |
| Share Of Total Income | $2,404,634 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $1,899,400 | ShareOfEOYAssetsAmt |
| Disproportionate Allocations | 0 | DisproportionateAllocationsInd |
| General Or Managing Partner | Yes (1) | GeneralOrManagingPartnerInd |
| Ownership | 0.97500 | OwnershipPct |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bendecidos San Fernando LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 303 S Loma Drive | AddressLine1Txt |
| City | Los Angeles | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Single purpose entity, holding company for Real Estate Development | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Economics for Women | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | S | EntityTypeTxt |
| Share Of EOY Assets | $27,939 | ShareOfEOYAssetsAmt |
| Ownership | 0.75000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Community Investments LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $572,000 | InvolvedAmt |
| Method Of Amount Determination | Book value | MethodOfAmountDeterminationTxt |