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Passes our checks

Hollywood Park Foundation

EIN 85-2830686 · Inglewood, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceGood72 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $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.
  2. $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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.