FRIENDS OF THE HOLLYWOOD CAP PARK HOLLYWOOD FREEWAY CENTRAL PARK Charity Report

Tax-exempt status may be revoked

FRIENDS OF THE HOLLYWOOD CAP PARK HOLLYWOOD FREEWAY CENTRAL PARK

EIN 26-4236328 · Parks & Playgrounds (N32)

What they do

THE COVID-19 PANDEMIC DERAILED SCHEDULED WORKLOAD and CURTAILED ALL FUNDRISING ACTIVITIES. HOWEVER, THE BOARD WAS ABLE to MOVE FORWARD WITH ENVIRONMENTAL DOCUMENTS and DESIGN WORK for THE HOLLYWOOD CENTRAL PARK. FHCP TECHNICAL COMMITTEE WORKED WITH CITY PARTNERS to CREATE PRE-DEVELOPMENT PLANS to BUILD THE HOLLYWOOD CENTRAL PARK. ZOOM MEETINGS REPLACED IN-PERSON BOARD and COMMITTE MEETINGS. FUNDRAISING COMMITTEE RESEARCHED GRANT OPPORTUNITIES and EVENT PLANNING. FHCP BOARD MEMBERS ATTENDED A 5-DAY ADVOCACY TRIP to WASHINGTON DC IN JULY 2021.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.10%of revenue went to mission work51.5% of expenses · Program services

26.25%of revenue went to fundraising19.0% of expenses

$138.06spent for every $100 of revenueSpending was higher than revenue this year.

40.71%of revenue went to management and office costs29.5% of expenses

$0.17in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $87,732 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $180,000 for LAURIE GOLDMAN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$230,508

Mission workProgram services$163,89171.10% of revenue51.5% of expenses

ManagementOffice and general costs$93,84240.71% of revenue29.5% of expenses

FundraisingAsking for donations$60,50726.25% of revenue19.0% of expenses

Total expenses$318,240138.06% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 51.5% mission · 29.5% management · 19.0% fundraisingTotal expenses: 138.06% of revenue

2020Expense mix: 42.0% mission · 35.4% management · 22.5% fundraisingTotal expenses: 387.56% of revenue

2019Expense mix: 80.6% mission · 14.3% management · 5.0% fundraisingTotal expenses: 77.78% of revenue

2018Expense mix: 68.0% mission · 32.0% management · 0.0% fundraisingRevenue comparison unavailable

2017Expense mix: 68.5% mission · 31.5% management · 0.0% fundraisingTotal expenses: 217.35% of revenue

2016Expense mix: 64.2% mission · 35.8% management · 0.0% fundraisingTotal expenses: 174.27% of revenue

2015Expense mix: 62.7% mission · 37.3% management · 0.0% fundraisingTotal expenses: 120.37% of revenue

Money in and money out

Revenue$230,508

Expenses$318,240

Annual shortfall $87,732 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$163,891 · 51.5% of expenses

Management and office costs$93,842 · 29.5% of expenses

Fundraising$60,507 · 19.0% of expenses

See all reported dollar amounts

Revenue$230,508

Expenses$318,240

Assets$55,215

Income$133,105

Contributions$230,508

Mission work (program services)$163,891

Fundraising$60,507

Management and general$93,842

Executive compensation (total)$160,000

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LAURIE GOLDMANPRESIDENT · 8 hrs/week $180,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (37)

LAURIE GOLDMANPRESIDENT

SCOTT CAMPBELLTREASURER

KYNDRA CASPERSECRETARY

LARRY KOSMONTBOARD MEMBER

LAUREN LEXTONBOARD MEMBER

LESLIE LAMBERTVICE PRESIDENT

MAUREEN SCHULTZBOARD MEMBER

MIKE VANISIBOARD MEMBER

PHILLIP HART PHDBOARD MEMBER

SAMIR SRIVASTAVABOARD MEMBER

JOSE MALAGONBOARD MEMBER

SCOTT RYNDERSBOARD MEMBER

SHARYN ROMANOBOARD MEMBER

SUSAN POLIFRONIOBOARD MEMBER

TETLO EMMENVICE PRESIDENT

THADDEUS H SMITHBOARD MEMBER

TINA CHOIBOARD MEMBER

TODD WARNERBOARD MEMBER

TRACY CHRISTIANBOARD MEMBER

DAVID GAJDABOARD MEMBER

BRADLEY GLENNBOARD MEMBER

BRIAN FOLBVICE PRESIDENT

BRIAN SIXTBOARD MEMBER

BRUCE ROTHMANBOARD MEMBER

CHRISTI VAN CLEVEBOARD MEMBER

CHRISTOPHER BARTONBOARD MEMBER

DANA SAYLESBOARD MEMBER

DAVID BASSBOARD MEMBER

ALFRED FRAIJO JRCHAIR

DAVID GREENBOARD MEMBER

FREDRIC W KESSLERBOARD MEMBER

GARY TAGLYANBOARD MEMBER

GRANT KINGBOARD MEMBER

JAMES FELDMANBOARD MEMBER

JAMES W LITZBOARD MEMBER

JEFF BRIGGSBOARD MEMBER

JOHN GOODWINBOARD MEMBER

About this charity

Recognized since: May 2009
Location: 6464 SUNSET BLVD 535, HOLLYWOOD, CA 90028
County: Los Angeles
In care of: LAURIE GOLDMAN
Primary officer: LAURIE GOLDMAN, President

How to reach them

WebsiteVisit the charity’s website Phone(310) 274-8682

Filing and classification

Latest tax year: 2021
Tax period began: February 1, 2021
Return type: 990
Tax preparer: GTL LLP
NTEE classification: Parks & Playgrounds (N32)
IRS tax category: Parks & Playgrounds
Revocation date: June 15, 2025