Civic Intelligence

Hillcrest Gardens Co Interfaith Housing Inc

990 • Fiscal year 2017 • EIN 23-7072496

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

550 Hillcrest AvenueLivermore, CA 94550

(925) 449-1111

Siviq Scores

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

Liabilities / Assets

51st percentile

0.10x

Higher debt load relative to assets than 51% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

65th percentile

0.22x

Higher debt load relative to revenue than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

81st percentile

25%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

44th percentile

2.1%

Faster revenue growth than 44% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,734,950

Up $188,885 (+12%) from 2016

Net Assets

Up

$1,567,085

Up $191,067 (+14%) from 2016

Liabilities

Down

$167,865

Down $2,182 (-1.3%) from 2016

Revenue

Up

$764,404

Up $15,729 (+2.1%) from 2016

Expenses

Down

$573,766

Down $59,054 (-9.3%) from 2016

Net Income

Up

$190,638

Up $74,783 (+65%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $1,245,714Liabilities 2014: $172,493Net Assets 2014: $1,073,2212014Assets 2015: $1,468,234Liabilities 2015: $208,071Net Assets 2015: $1,260,1632015Assets 2016: $1,546,065Liabilities 2016: $170,047Net Assets 2016: $1,376,0182016Assets 2017: $1,734,950Liabilities 2017: $167,865Net Assets 2017: $1,567,0852017Assets 2018: $1,846,086Liabilities 2018: $169,802Net Assets 2018: $1,676,2842018Assets 2019: $2,046,702Liabilities 2019: $152,210Net Assets 2019: $1,894,4922019Assets 2020: $2,430,696Liabilities 2020: $183,579Net Assets 2020: $2,247,1172020Assets 2021: $2,691,627Liabilities 2021: $168,645Net Assets 2021: $2,522,9822021Assets 2022: $3,057,808Liabilities 2022: $186,416Net Assets 2022: $2,871,3922022Assets 2023: $3,210,070Liabilities 2023: $181,326Net Assets 2023: $3,028,7442023Assets 2024: $3,487,467Liabilities 2024: $345,469Net Assets 2024: $3,141,9982024

Highlighted filing

2017

Assets$1,734,950
Liabilities$167,865
Net Assets$1,567,085

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2014: $600,121Expenses 2014: $446,520Net Income 2014: $153,6012014Revenue 2015: $730,230Expenses 2015: $543,288Net Income 2015: $186,9422015Revenue 2016: $748,675Expenses 2016: $632,820Net Income 2016: $115,8552016Revenue 2017: $764,404Expenses 2017: $573,766Net Income 2017: $190,6382017Revenue 2018: $763,315Expenses 2018: $658,031Net Income 2018: $105,2842018Revenue 2019: $927,535Expenses 2019: $709,327Net Income 2019: $218,2082019Revenue 2020: $1,102,931Expenses 2020: $750,306Net Income 2020: $352,6252020Revenue 2021: $1,125,003Expenses 2021: $849,138Net Income 2021: $275,8652021Revenue 2022: $1,152,360Expenses 2022: $803,950Net Income 2022: $348,4102022Revenue 2023: $1,205,710Expenses 2023: $1,048,358Net Income 2023: $157,3522023Revenue 2024: $1,328,310Expenses 2024: $1,215,056Net Income 2024: $113,2542024

Highlighted filing

2017

Revenue$764,404
Expenses$573,766
Net Income$190,638
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$764,404
Mission and Program Overview

Mission

To provide rental housing for the elderly located in livermore, california.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$916,166$1,003,736▲ $87,570
Cash and Non-Interest-Bearing Accounts$409,212$430,052▲ $20,840
Prepaid Expenses and Deferred Charges$19,735$20,222▲ $487
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,546,065$1,734,950▲ $188,885
Other Assets Total$200,952$280,940▲ $79,988
Liabilities
Accounts Payable and Accrued Expenses$146,676$144,957▼ $1,719
Other Liabilities$20,884$20,940▲ $56
Deferred Revenue$2,487$1,968▼ $519
Total Liabilities$170,047$167,865▼ $2,182
Net Assets / Fund Balance
Unrestricted Net Assets$1,376,018$1,567,085▲ $191,067
Total Net Assets Fund Balance$1,376,018$1,567,085▲ $191,067
Total Liabilities and Net Assets / Fund Balance$1,546,065$1,734,950▲ $188,885

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$963,736$1,691,966$2,655,702
Land$40,000-$40,000
Other Assets Org$24,458--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Laning ThompsonPresident
Cal WoodVice President
BRIAN O'REILLYDirector
Evie EckardDirector
Helen MeierDirector
Jo JohnsonDirector
Jocelyn CombsDirector
Kathy BrooksDirector
Max TabakDirector
Milly SeibelDirector
Patricia Renn-gognyDirector
Royce EckardDirector
Tim MarchiDirector
Bob HoffmanSecretary
Barbara LasinskiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$531,153
Program Service Revenue
$232,109
Investment Income
$1,142
Other Revenue
$0
Change in Net Assets
$190,638

Audited Revenue Reconciliation

Revenue per Audited Statements
$764,404
Revenue Not Reported on Form 990
$429
Total Revenue per Audited Statements
$764,833
Total Revenue per Form 990
$764,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$378,393
Salaries, Compensation, and Employee Benefits$195,373
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$88,474$60,386-$148,860
Depreciation Depletion$100,854--$100,854
Occupancy$68,080--$68,080
Office Expenses$47,032--$47,032
Other Employee Benefits$35,671--$35,671
Fees for Services Management-$34,344-$34,344
Insurance$20,338--$20,338
All Other Expenses$10,035$6,504-$16,539
Payroll Taxes$10,842--$10,842
Other Expenses$12,209$9,034-$9,034
Fees for Services Accounting-$4,860-$4,860
Conferences and Meetings$2,217--$2,217
Fees for Services Legal-$1,525-$1,525
Advertising-$629-$629
Total Functional Expenses$456,484$117,282$0$573,766

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$573,766
Total Expenses per Audited Statements$573,766
Total Expenses per Form 990$573,766
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$20,940
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Family relationship - evie eckard and royce eckard, both members of the board, are married.

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The board of directors hired a managment company to provide the day to day management duties for the rental property that is owned by the organization. The board of directors oversees the management company's duties.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by signatory and available to board of directors for review.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Every director and officer signs a conflict of interest statement. The signed forms are collected as part of the annual meeting and maintained with the board minutes.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Annual return is available to public upon request and must be reviewed at facility office.

Filing and Contact Details

Filer

Filer Name
Hillcrest Gardens
EIN
23-7072496
Phone
9254491111
Address
550 HILLCREST AVENUE, LIVERMORE, CA 94550

Signing Officer

Name
Laning Thompson
Title
President
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laning Thompson
Formed
1970
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
15

Preparer

Firm
Propp Christensen Caniglia Llp
Address
9261 Sierra College Boulevard, Roseville, CA 95661-5919
Preparer
K Jeffrey De Lyser CPA
Phone
9167512900
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT DEPOSITS HELD IN TRUST
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