Civic Intelligence

Homeownership San Francisco DBA Home Sf

990 • Fiscal year 2020 • EIN 26-4226218

Jul 01, 2019 to Jun 30, 2020 • Filed on May 10, 2021

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

83rd percentile

0.47x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

87th percentile

0.73x

Higher debt load relative to revenue than 87% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

28th percentile

-5.8%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

85th percentile

$90,547

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

75th percentile

30%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

56th percentile

2.7%

Faster revenue growth than 56% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$856,378

Up $195,527 (+30%) from 2019

Net Assets

Down

$456,825

Down $31,655 (-6.5%) from 2019

Liabilities

Up

$399,553

Up $227,182 (+132%) from 2019

Revenue

Up

$549,424

Up $14,673 (+2.7%) from 2019

Expenses

Up

$581,079

Up $86,605 (+18%) from 2019

Net Income

Down

-$31,655

Down $71,932 (-179%) from 2019

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

2020

Assets$856,378
Liabilities$399,553
Net Assets$456,825

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

2020

Revenue$549,424
Expenses$581,079
Net Income-$31,655
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 10, 2021
Return Version
2019v5.0
Gross Receipts
$549,424
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$399,686$601,113▲ $201,427
Accounts Receivable$178,193$165,487▼ $12,706
Savings and Temporary Cash Investments$72,372$72,389▲ $17
Prepaid Expenses and Deferred Charges$7,450$13,923▲ $6,473
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$660,851$856,378▲ $195,527
Other Assets Total$3,150$3,466▲ $316
Liabilities
Accounts Payable and Accrued Expenses$147,769$281,225▲ $133,456
Grants Payable-$72,389-
Deferred Revenue$11,400$29,000▲ $17,600
Other Liabilities$13,202$16,939▲ $3,737
Total Liabilities$172,371$399,553▲ $227,182
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$455,895$446,408▼ $9,487
Net Assets With Donor Restrictions$32,585$10,417▼ $22,168
Total Net Assets Fund Balance$488,480$456,825▼ $31,655
Total Liabilities and Net Assets / Fund Balance$660,851$856,378▲ $195,527

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$73,768-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shannon WayExecutive DirectorFT$90,547$90,547

Board Members and Trustees

NameTitle
Christi BakerBoard Chair
Elmar AslamiVice-Chair
Halbert LuongBoard member
Joel LuebkemaBoard member
Keith RockmaelBoard member
Laurel EngbretsonBoard member
Matthew RizzieBoard member
Nobby ChengBoard member
Rick HarperBoard member
Rico DelgadilloBoard member
Sheri PowersBoard member
Daniel LauCorr Secretary
Katy FitzsimmonsRec. Secty
Juan Diego CastroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$504,016
Program Service Revenue
$45,391
Investment Income
$0
Other Revenue
$17
All Other Contributions
$44,242
Change in Net Assets
$-31,655

Audited Revenue Reconciliation

Revenue per Audited Statements
$549,424
Total Revenue per Audited Statements
$549,424
Total Revenue per Form 990
$549,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$444,606
Other Expenses$136,473
Total Fundraising Expense$10,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$263,730$11,259$6,493$281,482
Current Officers, Directors, Trustees, and Key Employees$81,938$3,450$862$86,250
Fees for Services Other$29,838$31,279$100$61,217
Other Employee Benefits$44,656$2,260$950$47,866
Occupancy$33,064$1,109$555$34,728
Payroll Taxes$27,268$1,160$580$29,008
Office Expenses$17,764$1,033$352$19,149
Information Technology$10,221$2,075$789$13,085
Insurance$3,295$140$70$3,505
Travel$2,975$282$31$3,288
Advertising$737-$98$835
Conferences and Meetings$626$27$13$666
Total Functional Expenses$516,112$54,074$10,893$581,079

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$581,079
Total Expenses per Audited Statements$581,079
Total Expenses per Form 990$581,079
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
Accrued Vacation$16,939
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 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
No
Key decisions subject to board approval
Yes
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 18: Explanation of Other Means Forms Available For Public Inspection

Documents are available upon request.

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
Shannon Way
Title
Executive Director
Signed
2021-05-10
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
7
Volunteers
15

Preparer

Firm
Patricia A Foley EA
Address
1131 Comanche Drive, Fawnskin, CA 92333
Preparer
Patricia A Foley
Phone
5105896820
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Peer Organizations

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