Civic Intelligence

Place (Projects Linking Art Community & Environment)

990 • Fiscal year 2021 • EIN 20-4361698

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

729 N Washington Ave 600Minneapolis, MN 55401

(651) 309-3889

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.61x

Higher debt load relative to assets than 81% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

9.12x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

84th percentile

46%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

15th percentile

$23,600

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

58th percentile

13%

Faster asset growth than 58% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-27%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$11,978,252

Up $1,399,719 (+13%) from 2020

Net Assets

Up

$4,668,857

Up $364,744 (+8.5%) from 2020

Liabilities

Up

$7,309,395

Up $1,034,975 (+16%) from 2020

Revenue

Down

$801,378

Down $297,187 (-27%) from 2020

Expenses

Down

$436,634

Down $174,630 (-29%) from 2020

Net Income

Down

$364,744

Down $122,557 (-25%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $2,326,464Liabilities 2010: $1,700,699Net Assets 2010: $625,7652010Assets 2011: $3,923,170Liabilities 2011: $2,214,214Net Assets 2011: $1,708,9562011Assets 2012: $4,015,700Liabilities 2012: $2,345,922Net Assets 2012: $1,669,7782012Assets 2013: $4,304,981Liabilities 2013: $2,518,910Net Assets 2013: $1,786,0712013Assets 2014: $4,613,032Liabilities 2014: $2,732,570Net Assets 2014: $1,880,4622014Assets 2015: $5,380,998Liabilities 2015: $2,834,010Net Assets 2015: $2,546,9882015Assets 2016: $5,755,164Liabilities 2016: $2,940,380Net Assets 2016: $2,814,7842016Assets 2017: $6,314,769Liabilities 2017: $3,167,463Net Assets 2017: $3,147,3062017Assets 2018: $9,327,855Liabilities 2018: $3,983,791Net Assets 2018: $5,344,0642018Assets 2019: $9,674,029Liabilities 2019: $5,857,217Net Assets 2019: $3,816,8122019Assets 2020: $10,578,533Liabilities 2020: $6,274,420Net Assets 2020: $4,304,1132020Assets 2021: $11,978,252Liabilities 2021: $7,309,395Net Assets 2021: $4,668,8572021Assets 2022: $88,063,174Liabilities 2022: $83,498,733Net Assets 2022: $4,564,4412022Assets 2023: $14,803,036Liabilities 2023: $11,972,865Net Assets 2023: $2,830,1712023Assets 2024: $13,659,596Liabilities 2024: $11,078,844Net Assets 2024: $2,580,7522024

Highlighted filing

2021

Assets$11,978,252
Liabilities$7,309,395
Net Assets$4,668,857

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $254,4732010Expenses 2011: $384,1222011Revenue 2012: $252,649Expenses 2012: $291,827Net Income 2012: -$39,1782012Revenue 2013: $414,032Expenses 2013: $297,739Net Income 2013: $116,2932013Revenue 2014: $349,345Expenses 2014: $254,954Net Income 2014: $94,3912014Revenue 2015: $1,004,190Expenses 2015: $248,560Net Income 2015: $755,6302015Revenue 2016: $737,069Expenses 2016: $469,273Net Income 2016: $267,7962016Revenue 2017: $963,152Expenses 2017: $630,630Net Income 2017: $332,5222017Revenue 2018: $2,768,320Expenses 2018: $571,562Net Income 2018: $2,196,7582018Revenue 2019: $870,875Expenses 2019: $2,398,127Net Income 2019: -$1,527,2522019Revenue 2020: $1,098,565Expenses 2020: $611,264Net Income 2020: $487,3012020Revenue 2021: $801,378Expenses 2021: $436,634Net Income 2021: $364,7442021Revenue 2022: $896,204Expenses 2022: $415,664Net Income 2022: $480,5402022Revenue 2023: $2,936,446Expenses 2023: $7,553,724Net Income 2023: -$4,617,2782023Revenue 2024: $1,456,318Expenses 2024: $1,705,737Net Income 2024: -$249,4192024

Highlighted filing

2021

Revenue$801,378
Expenses$436,634
Net Income$364,744
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$801,378
Mission and Program Overview

Mission

Place is a national nonprofit organization that helps communities create state-of-the-art buildings and more, entire neighborhoods that bring together the arts, environmentalism and social justice.

To build a sustainable, just, and inspiring world, one community at a time.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$7,395,020$8,459,823▲ $1,064,803
Accounts Receivable$1,508,255$2,353,155▲ $844,900
Other Notes and Loans Receivable, Net$1,163,576$1,163,576→ $0
Loans From Officers Directors$2,096,445$861,013▼ $1,235,432
Pledges and Grants Receivable$500,000--
Cash and Non-Interest-Bearing Accounts$10,438$1,289▼ $9,149
Land, Buildings, and Equipment, Net$1,244$409▼ $835
Total Assets$10,578,533$11,978,252▲ $1,399,719
Liabilities
Accounts Payable and Accrued Expenses$2,401,820$4,676,935▲ $2,275,115
Mortgage Notes Payable Secured by Investment Property$1,641,147$1,636,439▼ $4,708
Unsecured Notes Loans Payable$134,193$134,193→ $0
Other Liabilities$815$815→ $0
Total Liabilities$6,274,420$7,309,395▲ $1,034,975
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,304,113$4,668,857▲ $364,744
Total Net Assets Fund Balance$4,304,113$4,668,857▲ $364,744
Total Liabilities and Net Assets / Fund Balance$10,578,533$11,978,252▲ $1,399,719

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$409$22,256$22,665
Investment Program Related Org$3,243,085--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris VelascoPresident/executive DirectorFT$20,000$3,600$23,600
Elizabeth BowlingDirectorFT$20,000$3,600$23,600

Board Members and Trustees

NameTitle
Garth RockcastleCo-vice President
Kerri StahleckerCo-vice President
Charles L Raison MdDirector
Jonathan PearlsteinDirector
Stacy GlovkaDirector
Emily MonarezCo-secretary
Romulo E SamaniegoCo-secretary
Brent WebbTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$157,713
Program Service Revenue
$638,147
Investment Income
$5,518
Other Revenue
$0
All Other Contributions
$74,425
Change in Net Assets
$364,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$270,424
Other Expenses$166,210
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$183,424$22,671-$206,095
Interest$76,095$9,405-$85,500
Current Officers, Directors, Trustees, and Key Employees$42,008$5,192-$47,200
Office Expenses$20,984$2,594-$23,578
Fees for Services Accounting-$18,509-$18,509
Payroll Taxes$15,245$1,884-$17,129
Occupancy$15,167$1,875-$17,042
Fees for Services Other$4,432$548-$4,980
Insurance$2,510$310-$2,820
Travel$2,268$280-$2,548
Other Expenses$843$104-$947
Depreciation Depletion$743$92-$835
Advertising$629$78-$707
Total Functional Expenses$370,586$66,048$0$436,634
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$2,096,445$861,013▼ $1,235,432
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fiscal Agent Funds$815
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Chris velasco (president) and elizabeth bowling (founding board member) have a family relationship.

Form 990, Part VI, Section B, Line 11B

Form 990 will be reviewed in detail by the president and treasurer, and will be circulated to the entire board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization makes its governing documents, conflict of interest policy, and financial statements available upon written request.

Form 990, Part VI, Section B, Line 15

The process for executive compensation review has not occurred in five years due to the financial position of the organization. In the past, the president/executive director makes a request and presents data, he and elizabeth bowling recuse themselves from board discussions, the board reviews the data and conducts a performance review discussion and independent investigation of compensation, minutes are preserved and the board then votes.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon written request.

Filing and Contact Details

Filer

Filer Name
Place (projects Linking Art Community &
EIN
20-4361698
Phone
6513093889
Address
729 N WASHINGTON AVE 600, MINNEAPOLIS, MN 55401

Signing Officer

Name
Chris Velasco
Title
Executive Director
Phone
6513093889
Signed
2022-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Velasco
Formed
2006
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
8
Employees
5
Volunteers
21

Preparer

Firm
Mahoneyulbrichchristiansen & Russ Pa
Address
10 RIVER PARK PLAZA SUITE 800, SAINT PAUL, MN 55107
Preparer
Rozalyn Z Allyson
Phone
6512276695
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Place is a minnesota nonprofit corporation and is exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable minnesota statutes, except to the extent it has taxable income from activities that are not related to its exempt purpose. Management believes the organization did not have any unrelated business income. Management continually evaluates tax positions reflected in its tax filings and does not believe it has taken any uncertain tax positions. The partnership and slp company are not taxable entities.

Raw XML AppendixShowing 400 of 572 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01875
IRS990/OccupancyGrp/ProgramServicesAmt015167
IRS990/OccupancyGrp/TotalAmt017042
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02594
IRS990/OfficeExpensesGrp/ProgramServicesAmt020984
IRS990/OfficeExpensesGrp/TotalAmt023578
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2LICENSE AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0769
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11737
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2104
IRS990/OtherExpensesGrp/ProgramServicesAmt06238
IRS990/OtherExpensesGrp/ProgramServicesAmt1843
IRS990/OtherExpensesGrp/TotalAmt07007
IRS990/OtherExpensesGrp/TotalAmt11737
IRS990/OtherExpensesGrp/TotalAmt2947
IRS990/OtherLiabilitiesGrp/BOYAmt0815
IRS990/OtherLiabilitiesGrp/EOYAmt0815
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022671
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0183424
IRS990/OtherSalariesAndWagesGrp/TotalAmt0206095
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01163576
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01163576
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01884
IRS990/PayrollTaxesGrp/ProgramServicesAmt015245
IRS990/PayrollTaxesGrp/TotalAmt017129
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0500000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHRIS VELASCO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1AFFORDABLE HOUSING SAL
IRS990/ProgramServiceRevenueGrp/Desc2TECHNICAL ASSISTANCE
IRS990/ProgramServiceRevenueGrp/Desc3PARTNERSHIP FEE
IRS990/ProgramServiceRevenueGrp/Desc4LOSS IN SLP INVESTMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0342563
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1223501
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt255003
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt318344
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4-1264
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0342563
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1223501
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt255003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt318344
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4-1264
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0708957
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0252654
IRS990/PYOtherRevenueAmt0504
IRS990/PYProgramServiceRevenueAmt0389104
IRS990/PYRevenuesLessExpensesAmt0487301
IRS990/PYSalariesCompEmpBnftPaidAmt0358610
IRS990/PYTotalExpensesAmt0611264
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01098565
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0364744
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0638147
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0157713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0708957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0169249
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02030648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0109493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03176060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05018
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015018
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03313590
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97250
IRS990ScheduleA/PublicSupportPY170Pct00.99220
IRS990ScheduleA/PublicSupportTotal170Amt03103482
IRS990ScheduleA/SubstantialContributorsTotAmt072578
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0157713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0708957
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0169249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02030648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0109493
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03176060
IRS990ScheduleA/TotalSupportAmt03191078
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0409
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022256
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022665
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt05216738
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt13243085
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0NOTES RECEIVABLE & ACCRUED INTEREST - WAV APT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENTS IN LLCS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0815
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FISCAL AGENT FUNDS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PLACE IS A MINNESOTA NONPROFIT CORPORATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE MINNESOTA STATUTES, EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. MANAGEMENT BELIEVES THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME. MANAGEMENT CONTINUALLY EVALUATES TAX POSITIONS REFLECTED IN ITS TAX FILINGS AND DOES NOT BELIEVE IT HAS TAKEN ANY UNCERTAIN TAX POSITIONS. THE PARTNERSHIP AND SLP COMPANY ARE NOT TAXABLE ENTITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0409
IRS990ScheduleD/TotalBookValueProgramRltdAmt08459823
IRS990ScheduleD/TotalLiabilityAmt0815
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0861013
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt066119
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ELIZABETH BOWLING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR ON THE BOARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt0861013
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRIS VELASCO (PRESIDENT) AND ELIZABETH BOWLING (FOUNDING BOARD MEMBER) HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WILL BE REVIEWED IN DETAIL BY THE PRESIDENT AND TREASURER, AND WILL BE CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR EXECUTIVE COMPENSATION REVIEW HAS NOT OCCURRED IN FIVE YEARS DUE TO THE FINANCIAL POSITION OF THE ORGANIZATION. IN THE PAST, THE PRESIDENT/EXECUTIVE DIRECTOR MAKES A REQUEST AND PRESENTS DATA, HE AND ELIZABETH BOWLING RECUSE THEMSELVES FROM BOARD DISCUSSIONS, THE BOARD REVIEWS THE DATA AND CONDUCTS A PERFORMANCE REVIEW DISCUSSION AND INDEPENDENT INVESTIGATION OF COMPENSATION, MINUTES ARE PRESERVED AND THE BOARD THEN VOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2PLACE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0WAV PARTNERS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CREST OF THE WAV PARTNERS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2PLACE E-GENERATION ONE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0204361698
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1204361698
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2204361698
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt20
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1RENTAL REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2RENTAL REAL ESTATE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.7$11.1$2.58$1.46$1.71$0.25
2023Summary only. Only limited summary data is available for this year.$14.8$12.0$2.83$2.94$7.55$4.62
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.1$83.5$4.56$0.90$0.42$0.48
2021Detailed filing. Detailed filing data is available for this year.$12.0$7.31$4.67$0.80$0.44$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$6.27$4.30$1.10$0.61$0.49
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.67$5.86$3.82$0.87$2.40$1.53
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.33$3.98$5.34$2.77$0.57$2.20
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.31$3.17$3.15$0.96$0.63$0.33
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$2.94$2.81$0.74$0.47$0.27
2015Detailed filing. Detailed filing data is available for this year.$5.38$2.83$2.55$1.00$0.25$0.76
2014Detailed filing. Detailed filing data is available for this year.$4.61$2.73$1.88$0.35$0.25$0.09
2013Detailed filing. Detailed filing data is available for this year.$4.30$2.52$1.79$0.41$0.30$0.12
2012Summary only. Only limited summary data is available for this year.$4.02$2.35$1.67$0.25$0.29$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$2.21$1.71$0.38
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.33$1.70$0.63$0.25