Civic Intelligence

Cabrito Foundation Incorporated

990EZ • Fiscal year 2024 • EIN 23-7218248

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 07, 2024

7552 Remmet AvenueCanoga Park, CA 91303

(818) 807-4816

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.72x

Higher debt load relative to assets than 92% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

0.63x

Higher debt load relative to revenue than 93% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

60th percentile

8.7%

Higher net margin than 60% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

13th percentile

-42%

Faster asset growth than 13% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-24%

Faster revenue growth than 23% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$101,607

Down $48,325 (-32%) from 2022

Net Assets

Up

$28,154

Up $15,828 (+128%) from 2022

Liabilities

Down

$73,453

Down $64,153 (-47%) from 2022

Revenue

Down

$117,388

Down $11,555 (-9.0%) from 2022

Expenses

Down

$107,136

Down $52,084 (-33%) from 2022

Net Income

Up

$10,252

Up $40,529 (+134%) from 2022

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $69,727Liabilities 2013: $5,223Net Assets 2013: $64,5042013Assets 2014: $71,120Net Assets 2014: $71,1202014Assets 2015: $87,165Net Assets 2015: $87,1652015Assets 2016: $77,377Net Assets 2016: $77,3772016Assets 2017: $68,361Net Assets 2017: $68,3612017Assets 2018: $116,035Net Assets 2018: $116,0352018Assets 2019: $88,212Net Assets 2019: $88,2122019Assets 2020: $82,415Liabilities 2020: $6,252Net Assets 2020: $76,1632020Assets 2021: $185,771Liabilities 2021: $143,168Net Assets 2021: $42,6032021Assets 2022: $149,932Liabilities 2022: $137,606Net Assets 2022: $12,3262022Assets 2024: $101,607Liabilities 2024: $73,453Net Assets 2024: $28,1542024

Highlighted filing

2024

Assets$101,607
Liabilities$73,453
Net Assets$28,154

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $114,001Expenses 2013: $98,012Net Income 2013: $15,9892013Revenue 2014: $109,259Expenses 2014: $102,643Net Income 2014: $6,6162014Revenue 2015: $112,074Expenses 2015: $96,029Net Income 2015: $16,0452015Revenue 2016: $96,544Expenses 2016: $106,332Net Income 2016: -$9,7882016Revenue 2017: $99,748Expenses 2017: $108,764Net Income 2017: -$9,0162017Revenue 2018: $149,703Expenses 2018: $102,029Net Income 2018: $47,6742018Revenue 2019: $98,621Expenses 2019: $126,444Net Income 2019: -$27,8232019Revenue 2020: $102,170Expenses 2020: $114,219Net Income 2020: -$12,0492020Revenue 2021: $98,301Expenses 2021: $131,861Net Income 2021: -$33,5602021Revenue 2022: $128,943Expenses 2022: $159,220Net Income 2022: -$30,2772022Revenue 2024: $117,388Expenses 2024: $107,136Net Income 2024: $10,2522024

Highlighted filing

2024

Revenue$117,388
Expenses$107,136
Net Income$10,252
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$119,851
Mission and Program Overview

Mission

Provide a safe, clean and structured environment that will give "willing" alcoholic men from all walks of life an opportunity to become fully self-sufficient and self-supporting, regardless of race, ethnic and religious backgrounds or socioeconomic status. Our purpose is to help and support as many alcoholic men as possible to find recovery and return to society as responsible and productive citizens.

Program Services

DescriptionGrantsExpenses
UP TO 14 MEN AT ANYTIME ARE PROVIDED SHELTER AND FOOD AT THE CABRITO HOUSE. THEY ARE EXPECTED TO LIVE UP TO THE RULES OF THE CABRITO HOUSE INCLUDING OBTAINING A JOB AND PAYING FOR THEIR LODGING AND MEALS, FOLLOWING THE STEPS OF ALCOHOLICS ANONYMOUS AND PARTICIPATING IN THE GROUP MEETINGS WITHIN THE HOUSE.-$100,481
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VICTOR FERMANIANTreasurer-$0--
DAMON SMITHDirector-$0--
ERIC LANDEENDirector-$0--
ELIAS KHELILDirector-$0--
TOBY FORDVice President-$0--
RALPH KHELILDirector-$0--
SCOTT MARTENSPresident-$0--
MIKE MOLLOYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Cabrito Foundation Inc
EIN
23-7218248
Phone
8188074816
Address
7552 REMMET AVENUE, CANOGA PARK, CA 91303

Signing Officer

Name
Victor Fermanian
Title
Treasurer
Signed
2024-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Christine L Alvarez CPA A Professional Corporation
Address
16440 Septo Street, North Hills, CA 91343
Preparer
Christine L Alvarez
Phone
8188074816
Supplemental Narrative

Additional Explanations

Other Revenue.1

TAX REFUND $1638

Other Expenses.1

House management expenses $97868

Other Expenses.2

BANK CHARGES $450

Other Expenses.3

COMPUTER & INTERNET $435

Other Expenses.4

TAXES $50

Other Expenses.6

MERCHANT FEES $6

Other Assets.1

BINGO EQUIP - Beginning $3086 BINGO EQUIP - Ending $3086

Other Assets.3

RETAINER - Beginning $1500 RETAINER - Ending $1500

Other Assets.4

OVEN - Beginning $5324 OVEN - Ending $5324

Total Liabilities.1

RENT DEPOSIT - Beginning $900 RENT DEPOSIT - Ending $975

Total Liabilities.2

EIDL LOAN - Beginning $49300 EIDL LOAN - Ending $49300

Total Liabilities.3

DUE TO WOO - Beginning $18888 DUE TO WOO - Ending $23119

Total Liabilities.4

MORTGAGE PAYABLE - Beginning $58976 MORTGAGE PAYABLE - Ending $0

Total Liabilities.5

ROOF LOAN - Beginning $28823 ROOF LOAN - Ending $59

Raw XML Appendix213 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX REFUND $1638
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HOUSE MANAGEMENT EXPENSES $97868
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPUTER & INTERNET $435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TAXES $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MERCHANT FEES $6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BINGO EQUIP - Beginning $3086 BINGO EQUIP - Ending $3086
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RETAINER - Beginning $1500 RETAINER - Ending $1500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OVEN - Beginning $5324 OVEN - Ending $5324
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9RENT DEPOSIT - Beginning $900 RENT DEPOSIT - Ending $975
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10EIDL LOAN - Beginning $49300 EIDL LOAN - Ending $49300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DUE TO WOO - Beginning $18888 DUE TO WOO - Ending $23119
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0VICTOR FERMANIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CABRITO FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CABR
ReturnHeader/Filer/EIN0237218248
ReturnHeader/Filer/PhoneNum08188074816
ReturnHeader/Filer/USAddress/AddressLine1Txt07552 REMMET AVENUE
ReturnHeader/Filer/USAddress/CityNm0CANOGA PARK
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ReturnHeader/Filer/USAddress/ZIPCd091303
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271877688
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Christine L Alvarez CPA A Professional Corporation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016440 Septo Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091343
ReturnHeader/PreparerPersonGrp/PhoneNum08188074816
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christine L Alvarez
ReturnHeader/ReturnTs02024-12-19T14:26:43-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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