Civic Intelligence

Homeownership San Francisco DBA Home Sf

990 • Fiscal year 2015 • EIN 26-4226218

Jul 01, 2014 to Jun 30, 2015 • Filed on May 07, 2016

275 5th StreetSan Francisco, CA 94103

(415) 202-5462

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.21x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.13x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

47th percentile

2.0%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

97th percentile

$82,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 24.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$207,273

No earlier filing loaded for comparison.

Net Assets

$163,936

No earlier filing loaded for comparison.

Liabilities

$43,337

No earlier filing loaded for comparison.

Revenue

$329,068

No earlier filing loaded for comparison.

Expenses

$322,373

No earlier filing loaded for comparison.

Net Income

$6,695

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $207,273Liabilities 2015: $43,337Net Assets 2015: $163,9362015Assets 2016: $376,547Liabilities 2016: $104,521Net Assets 2016: $272,0262016Assets 2017: $466,224Liabilities 2017: $93,588Net Assets 2017: $372,6362017Assets 2018: $593,577Liabilities 2018: $145,374Net Assets 2018: $448,2032018Assets 2019: $660,851Liabilities 2019: $172,371Net Assets 2019: $488,4802019Assets 2020: $856,378Liabilities 2020: $399,553Net Assets 2020: $456,8252020Assets 2021: $1,000,950Liabilities 2021: $433,660Net Assets 2021: $567,2902021Assets 2022: $912,704Liabilities 2022: $289,750Net Assets 2022: $622,9542022Assets 2023: $965,492Liabilities 2023: $246,124Net Assets 2023: $719,3682023Assets 2024: $1,289,232Liabilities 2024: $369,562Net Assets 2024: $919,6702024Assets 2025: $1,333,582Liabilities 2025: $528,866Net Assets 2025: $804,7162025

Highlighted filing

2015

Assets$207,273
Liabilities$43,337
Net Assets$163,936

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $329,068Expenses 2015: $322,373Net Income 2015: $6,6952015Revenue 2016: $431,177Expenses 2016: $323,087Net Income 2016: $108,0902016Revenue 2017: $421,981Expenses 2017: $321,371Net Income 2017: $100,6102017Revenue 2018: $537,379Expenses 2018: $461,812Net Income 2018: $75,5672018Revenue 2019: $534,751Expenses 2019: $494,474Net Income 2019: $40,2772019Revenue 2020: $549,424Expenses 2020: $581,079Net Income 2020: -$31,6552020Revenue 2021: $703,247Expenses 2021: $592,782Net Income 2021: $110,4652021Revenue 2022: $741,971Expenses 2022: $686,307Net Income 2022: $55,6642022Revenue 2023: $826,380Expenses 2023: $729,966Net Income 2023: $96,4142023Revenue 2024: $975,579Expenses 2024: $775,277Net Income 2024: $200,3022024Revenue 2025: $656,894Expenses 2025: $771,848Net Income 2025: -$114,9542025

Highlighted filing

2015

Revenue$329,068
Expenses$322,373
Net Income$6,695
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 7, 2016
Return Version
2014v6.0
Gross Receipts
$329,068
Mission and Program Overview

Mission

The Organization is a citywide collaborative of housing counseling agencies that helps diverse and underserved households achieve and sustain homeownership in San Francisco.

HomeownershipSF helps diverse and underserved households achieve and sustain homeownership in San Francisco through a coordinated network of member organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$64,169$96,960▲ $32,791
Accounts Receivable$118,029$82,586▼ $35,443
Savings and Temporary Cash Investments$6,492$20,079▲ $13,587
Prepaid Expenses and Deferred Charges$1,306$4,287▲ $2,981
Land, Buildings, and Equipment, Net$6,246$1,861▼ $4,385
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$197,742$207,273▲ $9,531
Other Assets Total$1,500$1,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$31,703$33,744▲ $2,041
Other Liabilities$8,798$9,382▲ $584
Deferred Revenue-$211-
Total Liabilities$40,501$43,337▲ $2,836
Net Assets / Fund Balance
Unrestricted Net Assets$78,491$125,186▲ $46,695
Temporarily Rstr Net Assets$78,750$38,750▼ $40,000
Total Net Assets Fund Balance$157,241$163,936▲ $6,695
Total Liabilities and Net Assets / Fund Balance$197,742$207,273▲ $9,531

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,861$71,907-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carlos Serrano-QuanExecutive DirectorFT$82,000$82,000

Board Members and Trustees

NameTitle
Rafael MoralesChairman
Alexis NerguizianBoard member
Christi BakerBoard member
David SobelBoard member
Diana FreeburgBoard member
Dyanna QuizonBoard member
Elmar AslamiBoard member
Emma BiggeBoard member
Jean YasteBoard member
Katy JohnsonBoard member
Keith RockmaelBoard member
Rick HarperBoard member
Marco ChavarinSecretary
Pov OumTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$328,050
Program Service Revenue
$1,015
Investment Income
$0
Other Revenue
$3
All Other Contributions
$192,532
Change in Net Assets
$6,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$221,510
Other Expenses$100,863
Total Fundraising Expense$15,169
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$107,187--$107,187
Current Officers, Directors, Trustees, and Key Employees$65,529$2,404$12,261$80,194
Fees for Services Other$19,288$5,100$400$24,788
Other Employee Benefits$17,477$189$1,239$18,905
Occupancy$15,546$498$124$16,168
Payroll Taxes$14,051$152$1,021$15,224
Fees for Services Accounting-$15,136-$15,136
Advertising$7,850--$7,850
Information Technology$5,318$1,503$32$6,853
Travel$3,914$1,066$8$4,988
Office Expenses$4,729$50$13$4,792
Depreciation Depletion$4,165$175$44$4,384
Insurance$2,574$108$27$2,709
Fees for Services Legal-$1,014-$1,014
All Other Expenses-$319-$319
Other Expenses$248$21-$269
Total Functional Expenses$279,457$27,747$15,169$322,373
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Shannon WayEmployeePayrollNo$61,500

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
Accrued Vacation$9,382
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Board reviews the 990 before it is filed.

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

Board members sign conflict of interest statement at each annual board meeting.

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

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Homeownership San Francisco
EIN
26-4226218
Phone
4152025462
Address
275 5th Street, San Francisco, CA 94103

Signing Officer

Name
Carlos Serrano-Quan
Title
Executive Director
Signed
2016-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rafael Morales
Formed
2009
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
14
Employees
3
Volunteers
21

Preparer

Firm
Patricia A Foley EA
Address
991 MIDWAY AVE, SAN LEANDRO, CA 94577-1344
Preparer
Patricia A Foley EA
Phone
5105896820
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