Heart and Soul Design Communications Center Inc

EIN: 200613531 501(c)(3) Youth Development

Inglewood, CA

Total Revenue
$236,875
Total Expenses
$262,604
Total Assets
$81,939
Net Assets
$-35,979
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CA
Principal Officer
Dyke Redmond
Phone
3106711794
Tax Period
2023-01-01 to 2023-12-31

Heart and Soul Design Communications Center Inc, founded in 2006, is a small nonprofit in the Youth Development sector that reported $237K in total revenue in fiscal year 2023. Expenses of $263K exceeded revenue, resulting in a 11% operating deficit.

Mission

To provide training to the disadvantaged and underprivileged youth, communities and other non-profit organizations in multi-media production.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $236,875
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,875

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,453
Fundraising Expenses $0
Program Expenses $262,604
Other Expenses $223,151
TOTAL EXPENSES $262,604

Year-over-Year Comparison

2023 2022 Change
Revenue $236,875 N/A N/A
Expenses $262,604 N/A N/A
Net Income $-25,729 N/A N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dyke Redmond President 20.00
Officer Director
$0 $0 $0
Doniece Redmond Treasurer 15.00
Officer Director
$0 $0 $0
Rita Robinson Secretary 10.00
Director
$0 $0 $0
Rochelle Devine Director 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $236,875 $262,604 $81,939 $-25,729
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