HOMEBOY INDUSTRIES

EIN: 954800735 501(c)(3) Youth Development

LOS ANGELES, CA

Total Revenue
$47,197,305
Total Expenses
$40,046,279
Total Assets
$102,103,885
Net Assets
$72,482,177
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Principal Officer
THOMAS VAZZO
Phone
3235261254
Tax Period
2023-01-01 to 2023-12-31

HOMEBOY INDUSTRIES, founded in 2000, is a mid-sized nonprofit in the Youth Development sector that reported $47.2M in total revenue in fiscal year 2023. The organization ran a surplus of $7.2M, a strong 15% operating margin.

Mission

PROVIDES HOPE, TRAINING, AND SUPPORT TO PREVIOUSLY INCARCERATED AND FORMERLY GANG INVOLVED MEN AND WOMEN, ALLOWING THEM TO REDIRECT THEIR LIVES AND BECOME CONTRIBUTING MEMBERS OF OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $14,541,164 Revenue: $4,934,612

SOCIAL ENTERPRISESHOMEBOY BAKERY - TRAINEES AT ONE OF OUR OLDEST SOCIAL ENTERPRISE BUSINESS LEARN ALL ASPECTS OF BAKING, FROM ORDERING SUPPLIES TO OPERATING A PASTRY MACHINE TO INTERACTING WITH...

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SOCIAL ENTERPRISESHOMEBOY BAKERY - TRAINEES AT ONE OF OUR OLDEST SOCIAL ENTERPRISE BUSINESS LEARN ALL ASPECTS OF BAKING, FROM ORDERING SUPPLIES TO OPERATING A PASTRY MACHINE TO INTERACTING WITH CUSTOMERS. WE SELL ARTISAN BREADS, PASTRIES, AND CAKES AT OUR HEADQUARTERS AND FARMERS' MARKETS AROUND LOS ANGELES, AS WELL AS TO LOCAL RESTAURANTS. HOMEBOY BAKERY WAS THE ORGANIZATION'S ORIGINAL MISSION BUSINESS, FOUNDED IN 1994, WHERE FORMER RIVALS WORKED SIDE BY SIDE AS SCRATCH BAKERS LOCATED IN AN 80-YEAR OLD BUILDING, THE BAKERY SUFFERED AN ELECTRICAL FIRE IN 1999. IN 2005, HOMEBOY HIRED SEVERAL YOUNG MEN TO PREPARE THEM TO BECOME LEADERS IN THE NEW BAKERY. THESE BAKERS ATTENDED CLASSES AT LOS ANGELES TRADE TECH AND INTERNED AT A LOCAL BAKERY, READYING THEMSELVES TO REOPEN THE BAKERY IN 2007 LOCATED IN THE NEW HOMEBOY FACILITY. HOMEBOY BAKERY REOPENED ITS DOORS TO THE PUBLIC ON OCTOBER 2, 2007, IN A MODERN, WELL-EQUIPPED HOME UNDER THE GUIDANCE OF MASTER BAKER ALVARO OCEQUEDA. THE LEAD BAKERS WORK ALONGSIDE TRAINEES HIRED TO TAKE THEIR FIRST STEPS IN THE BAKERY WORLD.HOMEGIRL CAFE - WHERE TRAINEES CAN BUILD SELF-ESTEEM AS WELL AS JOB SKILLS. BY WORKING ALONGSIDE OTHER TRAINEES, SOME OF WHOM ARE FROM "ENEMY" GANGS, HOMEGIRL CAFE TRAINEES BEGIN TO SEE EACH OTHER AS ALLIES. WORKING AS BUSSERS, SERVERS, LINE COOKS, AND SOUS CHEFS, THEY SERVE FRESH MEXICAN-FUSHION BREAKFASTS AND LUNCHES IN A FAST-PACED ENVIRONMENT.FEED HOPE WAS CREATED IN APRIL 2020 TO RESPOND TO THE COVID-19 PANDEMIC WHICH EXPANDED THE NEED FOR PACKAGED MEALS FOR SENIOR CITIZENS AND THE UNDER SERVED COMMUNITIES. THROUGH SEVERAL FUNDING PARTNERS FEED HOPE WAS ABLE TO PROVIDE AS MANY AS 15,000 AND 25,000 MEALS WEEKLY. MERCHANDISE, CATERING, SILKSCREEN

Program 2
Expenses: $8,186,658 Revenue: $0

KINSHIP GRANT PROGRAM (HOMEBOY SERVICES, INC.)

Program 3
Expenses: $8,830,702 Revenue: $0

WORKFORCE DEVELOPMENT, JOB TRAINING & SUPPORT SERVICESCASE MANAGEMENT, CURRICULUM, JOB DEVELOPMENT, LEGAL SERVICES, MENTAL HEALTH, AIRPORT/LICENSING, RETREATS, TATOO REMOVAL. JOB TRAINING: HOMEBOY...

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WORKFORCE DEVELOPMENT, JOB TRAINING & SUPPORT SERVICESCASE MANAGEMENT, CURRICULUM, JOB DEVELOPMENT, LEGAL SERVICES, MENTAL HEALTH, AIRPORT/LICENSING, RETREATS, TATOO REMOVAL. JOB TRAINING: HOMEBOY INDUSTRIES' 18-MONTH JOB TRAINING PROGRAM COMBINES ON-THE-JOB LEARNING WITH COMPREHENSIVE SERVICES AND UNCONDITIONAL SUPPORT. EACH YEAR, 250-300 FORMER GANG MEMBERS AND PREVIOUSLY INCARCERATED MEN AND WOMEN LEARN HARD AND SOFT JOB SKILLS IN THE ORGANIZATION'S SOCIAL ENTERPRISES WHILE RECEIVING SERVICES THAT FOSTER INNER TRANSFORMATION, CASE MANAGEMENT, TATTOO REMOVAL, LEGAL ASSISTANCE, MENTLA HEALTH SERVICES, ACADEMIC AND LIFE SKILLS CLASSES, AND EMPLOYMENT SERVICES.

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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 $39,369,370
Program Service Revenue $542,810
Investment Income $2,511,817
Other Revenue $4,773,308
TOTAL REVENUE $47,197,305

Expense Breakdown

Grants Paid $8,186,658
Salaries & Benefits $18,842,443
Fundraising Expenses $3,462,566
Program Expenses $31,558,524
Other Expenses $12,872,325
TOTAL EXPENSES $40,046,279

Year-over-Year Comparison

2023 2022 Change
Revenue $47,197,305 $46,596,527 +0.0%
Expenses $40,046,279 $32,286,597 +0.2%
Net Income $7,151,026 $14,309,930 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
20
Employees
574
Volunteers
261

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
9
$722,815
Total Directors
29
$90,972
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FR GREGORY BOYLE SJ BOARD MEMBER/FOUNDER 1.00
Officer Director
$90,972 $0 $90,972
MERCEDES MARTINEZ BOARD CHAIR 2.00
Officer Director
$0 $0 $0
KELLI BERNARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
ZACHARY ESTEBAN GUEVARA TREASURER 2.00
Officer Director
$0 $0 $0
HILDA ECHEVERRIA SECRETARY 2.00
Officer Director
$0 $0 $0
SEAN ARIAN BOARD MEMBER 2.00
Director
$0 $0 $0
JOE ARGILAGOS BOARD MEMBER 2.00
Director
$0 $0 $0
CECILIA CABELLO BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN CUSENZA BOARD MEMBER 2.00
Director
$0 $0 $0
TROY DAWSON BOARD MEMBER 2.00
Director
$0 $0 $0
FR ALLAN DECK SJ BOARD MEMBER 2.00
Director
$0 $0 $0
RENEE DELPHIN-RODRIGUEZ BOARD MEMBER 2.00
Director
$0 $0 $0
VALARIE DE LA GARZA BOARD MEMBER 2.00
Director
$0 $0 $0
JANE FONDA BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID HERBST BOARD MEMBER 2.00
Director
$0 $0 $0
PERNILLE LOPEZ BOARD MEMBER 2.00
Director
$0 $0 $0
CHRISTINE LYNCH BOARD MEMBER 2.00
Director
$0 $0 $0
O'MALLEY MILLER BOARD MEMBER 2.00
Director
$0 $0 $0
RICK OLIVAREZ BOARD MEMBER 2.00
Director
$0 $0 $0
WAYNE RATKOVICH BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID SOLOMON BOARD MEMBER 2.00
Director
$0 $0 $0
LUPITA SANCHEZ-CORNEJO BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL TUBBS BOARD MEMBER 2.00
Director
$0 $0 $0
J MICHAEL HENNIGAN EMERITUS BOARD MEMBER 2.00
Director
$0 $0 $0
ROB SMITH III EMERITUS BOARD MEMBER 2.00
Director
$0 $0 $0
ASHLEY PALMER BOARD MEMBER 2.00
Director
$0 $0 $0
BRUCE KARATZ BOARD MEMBER 2.00
Director
$0 $0 $0
VIKTOR RZETELJSKI BOARD MEMBER 2.00
Director
$0 $0 $0
CARLOS VASQUEZ BOARD MEMBER 2.00
Director
$0 $0 $0
STEVEN MANUEL DELGADO CHIEF OPERATING OFFICER 39.00
Officer
$263,777 $0 $263,777
GILBERT MURO CHIEF FINANCIAL OFFICER 39.00
Officer
$199,373 $0 $199,373
SHIRLEY TORRES CHIEF PROGRAMS OFFICER 39.00
Officer
$168,693 $0 $168,693
THOMAS VOZZO CHIEF EXECUTIVE OFFICER 39.00
Officer
$0 $0 $0
TESSA MADDEN STORMS EXECUTIVE DIRECTOR OF DEVELOPMENT 39.00
Highest
$165,863 $0 $165,863
DONNA HARATI V.P. OF WELLNESS & COMMUNITY CARE 39.00
Highest
$135,850 $0 $135,850
FABIAN GARCIA DIRECTOR OF GOVERNMENT RELATIONS 39.00
Highest
$134,255 $0 $134,255
MARY ELLEN BURTON VP TRAINEE SOCIAL ENTERPRISES 39.00
Highest
$128,870 $0 $128,870
ANDREW PLATTS DIR INFORMATION TECHNOLOGY 39.00
Highest
$121,969 $0 $121,969
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 $47,197,305 $40,046,279 $102,103,885 $7,151,026
2022 $46,596,527 $32,286,597 $87,310,269 $14,309,930
2021 $52,322,011 $22,531,360 $59,123,075 $29,790,651
2020 $26,957,212 $19,198,839 $25,813,936 $7,758,373
2019 $18,057,093 $18,002,503 $14,443,399 $54,590
2018 $18,287,343 $17,245,548 $13,553,281 $1,041,795
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