Civic Intelligence

Mission Resource Center LLC

990 • Fiscal year 2017 • EIN 26-3325350

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

2301 Mission Street No 301San Francisco, CA 94110

(415) 282-3334

Siviq Scores

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

Liabilities / Assets

81st percentile

0.65x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

10.26x

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

68th percentile

11%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

84th percentile

$249,215

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 41.8% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

64th percentile

8.6%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$9,458,446

Up $752,642 (+8.6%) from 2016

Net Assets

Up

$3,332,239

Up $63,367 (+1.9%) from 2016

Liabilities

Up

$6,126,207

Up $689,275 (+13%) from 2016

Revenue

Up

$596,819

Up $62,766 (+12%) from 2016

Expenses

Down

$533,452

Down $27,725 (-4.9%) from 2016

Net Income

Up

$63,367

Up $90,491 (+334%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2015: $8,903,718Liabilities 2015: $7,032,043Net Assets 2015: $1,871,6752015Assets 2016: $8,705,804Liabilities 2016: $5,436,932Net Assets 2016: $3,268,8722016Assets 2017: $9,458,446Liabilities 2017: $6,126,207Net Assets 2017: $3,332,2392017Assets 2018: $9,308,255Liabilities 2018: $6,150,493Net Assets 2018: $3,157,7622018Assets 2019: $8,936,602Liabilities 2019: $5,929,091Net Assets 2019: $3,007,5112019Assets 2020: $8,770,589Liabilities 2020: $5,907,323Net Assets 2020: $2,863,2662020Assets 2021: $8,671,914Liabilities 2021: $6,245,109Net Assets 2021: $2,426,8052021Assets 2022: $8,750,881Liabilities 2022: $6,511,324Net Assets 2022: $2,239,5572022Assets 2023: $8,307,889Liabilities 2023: $6,333,013Net Assets 2023: $1,974,8762023Assets 2024: $9,102,158Liabilities 2024: $7,333,289Net Assets 2024: $1,768,8692024

Highlighted filing

2017

Assets$9,458,446
Liabilities$6,126,207
Net Assets$3,332,239

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $651,973Expenses 2015: $718,453Net Income 2015: -$66,4802015Revenue 2016: $534,053Expenses 2016: $561,177Net Income 2016: -$27,1242016Revenue 2017: $596,819Expenses 2017: $533,452Net Income 2017: $63,3672017Revenue 2018: $459,939Expenses 2018: $634,416Net Income 2018: -$174,4772018Revenue 2019: $442,708Expenses 2019: $592,959Net Income 2019: -$150,2512019Revenue 2020: $440,708Expenses 2020: $584,953Net Income 2020: -$144,2452020Revenue 2021: $497,806Expenses 2021: $679,037Net Income 2021: -$181,2312021Revenue 2022: $514,576Expenses 2022: $694,724Net Income 2022: -$180,1482022Revenue 2023: $506,804Expenses 2023: $771,485Net Income 2023: -$264,6812023Revenue 2024: $548,274Expenses 2024: $747,821Net Income 2024: -$199,5472024

Highlighted filing

2017

Revenue$596,819
Expenses$533,452
Net Income$63,367
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.2
Gross Receipts
$754,497
Mission and Program Overview

Mission

Provide a convenient one-dtop resource to offer essential services and education that suppport financial independence to san francisco's low and moderate income families.

Provide a convenient one-stop resource to offer essential services and education that support financial independence to san francisco's low and moderate income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,505,362$8,397,264▼ $108,098
Cash and Non-Interest-Bearing Accounts$193,735$1,044,503▲ $850,768
Prepaid Expenses and Deferred Charges$6,682--
Accounts Receivable$25--
Total Assets$8,705,804$9,458,446▲ $752,642
Other Assets Total$0$16,679▲ $16,679
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,398,188$6,083,522▲ $685,334
Other Liabilities$34,005$28,564▼ $5,441
Accounts Payable and Accrued Expenses$4,739$14,121▲ $9,382
Total Liabilities$5,436,932$6,126,207▲ $689,275
Net Assets / Fund Balance
Unrestricted Net Assets$3,268,872$3,332,239▲ $63,367
Total Net Assets Fund Balance$3,268,872$3,332,239▲ $63,367
Total Liabilities and Net Assets / Fund Balance$8,705,804$9,458,446▲ $752,642

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,410,553$1,302,524$6,713,077
Land$2,986,711-$2,986,711
Compensation and Service Providers

Employees

NameTitleOtherTotal
John SedlanderFinance Director$71,795$71,795
Revenue and Support

Revenue Composition

Contributions and Grants
$234,115
Program Service Revenue
$520,382
Investment Income
$-157,678
Other Revenue
$0
Change in Net Assets
$63,367
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$533,452
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$187,819--$187,819
Depreciation Depletion$170,100--$170,100
Occupancy$106,188--$106,188
Insurance$51,970--$51,970
Fees for Services Management$8,967--$8,967
Office Expenses$4,089--$4,089
Fees for Services Accounting$1,000--$1,000
Other Expenses$24--$24
Total Functional Expenses$533,452$0$0$533,452
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$15,437
Tenant Security Deposits$13,127
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
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 B, Line 11B

Form 990 is reviewed by the cfo. Then passed on to the ceo and the finance committee of the board of directors for their review before being submitted to the irs.

Form 990, Part VI, Section B, Line 15A

Reviews are done for the ceo. Compensation is comparable to ceos of other local tax-exempt organizations. Board approval is also required.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Mission Resource Center LLC
EIN
26-3325350
Phone
4152823334
Address
2301 MISSION STREET NO 301, SAN FRANCISCO, CA 94110

Signing Officer

Name
Luis Granados
Title
CEO
Phone
4152823334
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luis Granados
Formed
2008
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
11

Preparer

Firm
Lindquist Von Husen & Joyce Llp
Address
90 NEW MONTGOMERY STREET 11TH FLOOR, SAN FRANCISCO, CA 94105
Preparer
Alexis H Wong
Phone
4159579999
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The oversight process has not been changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Mission resource center llc believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. Mission resource center llc's federal and state income tax and information returns for the years ended december 31, 2013 through 2016 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for federal and state, respectively.

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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0561177
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0534053
IRS990/PYRevenuesLessExpensesAmt0-27124
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0561177
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0534053
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt063367
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0520382
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0234115
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0234115
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0520382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0534053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0656242
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0610563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0566660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02887900
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt01068
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01058
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02126
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99930
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt03122015
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0754497
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0534053
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0656242
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0610563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0566660
IRS990ScheduleA/Total509Grp/TotalAmt03122015
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0754497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0534053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0656242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0611631
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0567718
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03124141
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt05410553
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01302524
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06713077
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02986711
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02986711
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013127
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115437
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MISSION RESOURCE CENTER LLC BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. MISSION RESOURCE CENTER LLC'S FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS FOR THE YEARS ENDED DECEMBER 31, 2013 THROUGH 2016 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08397264
IRS990ScheduleD/TotalLiabilityAmt028564
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt024887
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0195977
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt025344
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0LUIS GRANADOS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0249215
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0REVIEWS, FORM 990 OF OTHER ORGANIZATIONS AND WRITTEN EMPLOYMENT CONTRACTS WERE USED TO ESTABLISH THE RELATED ORGANIZATION'S CEO'S COMPENSATION. BOARD APPROVAL IS ALSO REQUIRED.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE CFO. THEN PASSED ON TO THE CEO AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR THEIR REVIEW BEFORE BEING SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWS ARE DONE FOR THE CEO. COMPENSATION IS COMPARABLE TO CEOS OF OTHER LOCAL TAX-EXEMPT ORGANIZATIONS. BOARD APPROVAL IS ALSO REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE OVERSIGHT PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0811686168
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1813720844
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2811757596
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN3821438453
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd2CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd3CA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0HOUSING FOR LOW INCOME FAMILIES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt1HOUSING FOR LOW INCOME FAMILIES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2HOUSING FOR LOW INCOME FAMILIES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt3HOUSING FOR LOW INCOME FAMILIES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt01296 SHOTWELL HOUSING LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt11990 FOLSOM HOUSING ASSOCIATES LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt22060 FOLSOM HOUSING LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt3681 FLORIDA HOUSING ASSOCIATES LP

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