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Article: Dire streets: economic downturn has non-profit that hires former gang members scrambling to find funding.(This Week: SURVIVAL)(Homeboys Inc.)(Company overview)
- Article from:
- Los Angeles Business Journal
- Article date:
- August 17, 2009
- Author:
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE first thing one notices at Homeboy Industries in downtown Los Angeles is that there are multiple employees for each position.
The second is that most of them have tattoos.
Not immediately visible at the center, home to the city's best-known and widely admired This Week: gang intervention program, is a stark reality: Homeboy is facing the biggest challenge in its 17-year history--namely staying open during the grimmest economic downturn in years.
"Right now we're ahead on cash flow but only for a few more weeks," said Mona Hobson, the non-profit's development director. "We're doing everything in our power to keep these doors open."
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