Civic Intelligence

Burbank Accessible Apt Corp

EIN 30-0029222 • 501(c)3 • Woodland Hills, CA

Profile

To provide housing and support services for individuals with developmental disabilities to meet their physical, social and psychological needs.

6430 Independence AvenueWoodland Hills, CA 91367

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

95th percentile

1.21x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

22.69x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

3rd percentile

-123%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$672,199

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 364.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

31st percentile

-2.3%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

16%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,654,685

Down $102,925 (-2.7%) from 2021

Liabilities

Up

$4,048,650

Up $91,648 (+2.3%) from 2021

Net Assets

Down

-$393,965

Down $194,573 (-98%) from 2021

Revenue

Up

$158,581

Up $4,718 (+3.1%) from 2021

Expenses

Up

$353,154

Up $49,415 (+16%) from 2021

Net Income

Down

-$194,573

Down $44,697 (-30%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $5,049,798Liabilities 2010: $3,575,064Net Assets 2010: $1,474,7342010Assets 2011: $4,936,251Liabilities 2011: $3,611,436Net Assets 2011: $1,324,8152011Assets 2012: $4,820,281Liabilities 2012: $3,654,441Net Assets 2012: $1,165,8402012Assets 2013: $4,695,934Liabilities 2013: $3,683,134Net Assets 2013: $1,012,8002013Assets 2014: $4,574,983Liabilities 2014: $3,717,786Net Assets 2014: $857,1972014Assets 2015: $4,456,654Liabilities 2015: $3,748,506Net Assets 2015: $708,1482015Assets 2017: $4,233,212Liabilities 2017: $3,816,415Net Assets 2017: $416,7972017Assets 2018: $4,117,196Liabilities 2018: $3,849,192Net Assets 2018: $268,0042018Assets 2019: $4,002,387Liabilities 2019: $3,891,084Net Assets 2019: $111,3032019Assets 2020: $3,893,146Liabilities 2020: $3,942,662Net Assets 2020: -$49,5162020Assets 2021: $3,757,610Liabilities 2021: $3,957,002Net Assets 2021: -$199,3922021Assets 2022: $3,654,685Liabilities 2022: $4,048,650Net Assets 2022: -$393,9652022

Highlighted filing

2022

Assets$3,654,685
Liabilities$4,048,650
Net Assets-$393,965

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KExpenses 2010: $264,0402010Expenses 2011: $263,3432011Expenses 2012: $275,3052012Expenses 2013: $273,0882013Revenue 2014: $123,634Expenses 2014: $279,237Net Income 2014: -$155,6032014Revenue 2015: $129,920Expenses 2015: $278,969Net Income 2015: -$149,0492015Revenue 2017: $144,356Expenses 2017: $282,480Net Income 2017: -$138,1242017Revenue 2018: $144,400Expenses 2018: $293,193Net Income 2018: -$148,7932018Revenue 2019: $144,245Expenses 2019: $300,946Net Income 2019: -$156,7012019Revenue 2020: $146,709Expenses 2020: $307,528Net Income 2020: -$160,8192020Revenue 2021: $153,863Expenses 2021: $303,739Net Income 2021: -$149,8762021Revenue 2022: $158,581Expenses 2022: $353,154Net Income 2022: -$194,5732022

Highlighted filing

2022

Revenue$158,581
Expenses$353,154
Net Income-$194,573

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.65$4.05$0.39$0.16$0.35$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$3.96$0.20$0.15$0.30$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$3.94$0.05$0.15$0.31$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$3.89$0.11$0.14$0.30$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.12$3.85$0.27$0.14$0.29$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.23$3.82$0.42$0.14$0.28$0.14
2015Detailed filing. Detailed filing data is available for this year.$4.46$3.75$0.71$0.13$0.28$0.15
2014Detailed filing. Detailed filing data is available for this year.$4.57$3.72$0.86$0.12$0.28$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$3.68$1.01$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$3.65$1.17$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$3.61$1.32$0.26
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$3.58$1.47$0.26
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.0
Gross Receipts
$146,709
Mission and Program Overview

Mission

To provide housing and support services for individuals with developmental disabilities to meet their physical, social and psychological needs.

To provide housing and support services for individuals with developmental disabilities to meet their physical, social, and psychological needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,811,233$3,701,071▼ $110,162
Accounts Receivable$1,813$2,379▲ $566
Cash and Non-Interest-Bearing Accounts$14,454$1,435▼ $13,019
Total Assets$4,002,387$3,893,146▼ $109,241
Other Assets Total$174,887$188,261▲ $13,374
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,866,778$3,906,203▲ $39,425
Accounts Payable and Accrued Expenses$18,233$31,234▲ $13,001
Other Liabilities$6,073$5,225▼ $848
Total Liabilities$3,891,084$3,942,662▲ $51,578
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$111,303$-49,516▼ $160,819
Total Net Assets Fund Balance$111,303$-49,516▼ $160,819
Total Liabilities and Net Assets / Fund Balance$4,002,387$3,893,146▼ $109,241

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,141,071$1,755,134$4,896,205
Land$560,000-$560,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bernard Gross DdsPresident
Craig CliftonBoard Member
Kevin P MccarthyBoard Member
Paul MillerBoard Member
Lori AndersonCEO
Barbara ChiodoCFO
Steve GubnerSecretary/tr
Margaret Rose SchultzVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$78,058
Program Service Revenue
$68,346
Investment Income
$305
Other Revenue
$0
Change in Net Assets
$-160,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$146,709
Total Revenue per Audited Statements
$146,709
Total Revenue per Form 990
$146,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$307,528
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
Depreciation Depletion$124,484--$124,484
Interest$39,425--$39,425
All Other Expenses$15,711$7,147-$22,858
Fees for Services Management-$19,188-$19,188
Insurance$14,613--$14,613
Fees for Services Accounting-$7,938-$7,938
Office Expenses$6,451--$6,451
Other Expenses$9,464$6,216-$6,216
Total Functional Expenses$267,039$40,489$0$307,528

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$307,528
Total Expenses per Audited Statements$307,528
Total Expenses per Form 990$307,528
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
Tenant Deposits$5,188
Prepaid Revenue$37
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

Form 990, part vi, section b, line 13 the organization does not have its own written whistleblower policy. The related organization (united cerebral palsy/spastic childrens foundation of los angeles & ventura counties) has a written policy. The written policy is printed in the employee handbook for united cerebral palsy/spastic childrens foundation of los angeles & ventura counties which employs all employees of this organization.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

The organization does not have its own written conflict of interest policy. The related organization (united cerebral palsy/spastic children's foundation of los angeles & ventura) has a written policy. An annual letter acknowledging that there is no conflict of interest is sent to the directors of this organization to be signed and returned to management.

Form 990, Page 6, Part VI, Line 15A

The organization pays no compensation to its officers. The compensation for the chief executive officer and cfo is paid by a related organization (united cerebral palsy/spastic childrens fdn of la & ventura counties) and is determined and approved by the board of directors of united cerebral palsy/spastic childrens fdn of la & ventura counties. The salary paid by ucpla compensates for any and all work performed for all related entities.

Form 990, Page 6, Part VI, Line 15B

The organization pays no compensation to its officers. The compensation for the chief executive officer and cfo is paid by a related organization (united cerebral palsy/spastic childrens fdn of la & ventura counties) and is determined and approved by the board of directors of united cerebral palsy/spastic childrens fdn of la & ventura counties. The salary paid by ucpla compensates for any and all work performed for all related entities.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Form 990, Part VII

The chief financial officer for the organization reviews the form 990 for accuracy and reports to the board that it was filed.

Filing and Contact Details

Filer

Filer Name
Burbank Accessible Apt Corp
EIN
30-0029222
Phone
8187822211
Address
6430 INDEPENDENCE AVENUE, WOODLAND HILLS, CA 91367

Signing Officer

Name
Barbara Chiodo
Title
CFO
Phone
0818782221
Signed
2021-05-11

Organization Details

Principal Officer
Barbara Chiodo
Formed
2001
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Hinricher & Cousino Llp
Address
3275 OLD CONEJO RD, THOUSAND OAKS, CA 91320-2152
Preparer
Brian Cousino
Phone
8054961883
Supplemental Narrative

Additional Explanations

Form 990, Part XII

Form 990, part xii, line 2c: the process by which the audit comittee oversees the audit and selects an independent auditor has not changed.

Raw XML AppendixShowing 400 of 655 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/ExplanationTxt0FORM 990, PART VI, SECTION B, LINE 13 THE ORGANIZATION DOES NOT HAVE ITS OWN WRITTEN WHISTLEBLOWER POLICY. THE RELATED ORGANIZATION (UNITED CEREBRAL PALSY/SPASTIC CHILDRENS FOUNDATION OF LOS ANGELES & VENTURA COUNTIES) HAS A WRITTEN POLICY. THE WRITTEN POLICY IS PRINTED IN THE EMPLOYEE HANDBOOK FOR UNITED CEREBRAL PALSY/SPASTIC CHILDRENS FOUNDATION OF LOS ANGELES & VENTURA COUNTIES WHICH EMPLOYS ALL EMPLOYEES OF THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ITS OWN WRITTEN CONFLICT OF INTEREST POLICY. THE RELATED ORGANIZATION (UNITED CEREBRAL PALSY/SPASTIC CHILDREN'S FOUNDATION OF LOS ANGELES & VENTURA) HAS A WRITTEN POLICY. AN ANNUAL LETTER ACKNOWLEDGING THAT THERE IS NO CONFLICT OF INTEREST IS SENT TO THE DIRECTORS OF THIS ORGANIZATION TO BE SIGNED AND RETURNED TO MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PAYS NO COMPENSATION TO ITS OFFICERS. THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND CFO IS PAID BY A RELATED ORGANIZATION (UNITED CEREBRAL PALSY/SPASTIC CHILDRENS FDN OF LA & VENTURA COUNTIES) AND IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS OF UNITED CEREBRAL PALSY/SPASTIC CHILDRENS FDN OF LA & VENTURA COUNTIES. THE SALARY PAID BY UCPLA COMPENSATES FOR ANY AND ALL WORK PERFORMED FOR ALL RELATED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION PAYS NO COMPENSATION TO ITS OFFICERS. THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND CFO IS PAID BY A RELATED ORGANIZATION (UNITED CEREBRAL PALSY/SPASTIC CHILDRENS FDN OF LA & VENTURA COUNTIES) AND IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS OF UNITED CEREBRAL PALSY/SPASTIC CHILDRENS FDN OF LA & VENTURA COUNTIES. THE SALARY PAID BY UCPLA COMPENSATES FOR ANY AND ALL WORK PERFORMED FOR ALL RELATED ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CHIEF FINANCIAL OFFICER FOR THE ORGANIZATION REVIEWS THE FORM 990 FOR ACCURACY AND REPORTS TO THE BOARD THAT IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FORM 990, PART XII, LINE 2C: THE PROCESS BY WHICH THE AUDIT COMITTEE OVERSEES THE AUDIT AND SELECTS AN INDEPENDENT AUDITOR HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CULVER CITY ACCESSIBLE APARTMENTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2LOS ANGELES ACCESSIBLE APARTMENTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3TORRANCE ACCESSIBLE APARTMENTS
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