Hollywood Park Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROMOTE THE HEALTH, EDUCATION AND WELFARE OF INDIVIDUALS AND COMMUNITIES IN INGLEWOOD AND GREATER LOS ANGELES COUNTY, CA. TO PROVIDE YOUTH DEVELOPMENT SERVICES THAT HELP YOUNG PEOPLE GROW INTO HEALTHY, EDUCATED, AND PRODUCTIVE ADULTS.
- Income
- $55,144
- Spending
- $30,663
- Spent on programs
- 82%
- Reserves
- Over 10 years of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 4
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 72 out of 100. Higher than 67% of charities in its peer group (education, under $250k).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $172 spent. HOLLYWOOD PARK FOUNDATION PROMOTES THE HEALTH, EDUCATION, AND WELFARE OF INDIVIDUALS AND COMMUNITIES IN INGLEWOOD AND GREATER LOS ANGELES COUNTY, CA. IT PROVIDES YOUTH DEVELOPMENT SERVICES THAT HELP YOUNG PEOPLE GROW INTO HEALTHY, EDUCATED, AND PRODUCTIVE ADULTS. THE FOUNDATION EXHIBITED THE KINSEY AFRICAN AMERICAN ART AND HISTORY COLLECTION, WHICH IS CONSIDERED ONE OF THE LARGEST AND MOST COMPREHENSIVE OF ITS KIND. CURATED BY KHALIL KINSEY AND HISTORIAN LARRY EARL, THE EXHIBITION FOCUSES ON THE LIVES AND ACCOMPLISHMENTS FROM THE 16TH CENTURY THROUGH THE YEARS OF SLAVERY AND EMANCIPATION TO THE CIVIL RIGHTS MOVEMENT AND MODERN-DAY.
- $25,000 spent. IN 2024, THE FOUNDATION DONATED $25,000 TO THE GREATER LOS ANGELES EDUCATION FOUNDATION (GLAEF) IN SUPPORT OF THE INGLEWOOD HIGH SCHOOL (IHS) MARCHING BAND'S TRAVEL TO THE 2025 NATIONAL INDEPENDENCE DAY PARADE IN WASHINGTON, D.C. THROUGH THIS DONATION, THE FOUNDATION CONTINUED TO PROMOTE THE IMPROVEMENT OF EDUCATION IN THE LOCAL COMMUNITY, IN ALIGNMENT WITH THE FOUNDATION'S PURPOSE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Dollywood Foundation (Sevierville, TN), EIN 62-1348105. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.