Civic Intelligence

Hfl Van Nuys Apartments

EIN 30-0221171 • 501(c)3 • Glendale, CA

Profile

To provide Low Income Housing to mentally ill and services specially designed to meet their physical, social and psychological needs and to promote their health, security and happiness. The Project receives a substantial portion of their rental revenue from HUD under Section 811 Project Rental Assistance Contract (PRAC).

800 N Brand Blvd Floor 19Glendale, CA 91203

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

3.05x

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

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

Liabilities / Revenue

99th percentile

21.24x

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

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

Net Margin

4th percentile

-86%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

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

Asset Growth

22nd percentile

-5.8%

Faster asset growth than 22% of similar nonprofits.

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

Revenue Growth

32nd percentile

-2.5%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Down

$1,311,580

Down $80,320 (-5.8%) from 2023

Liabilities

Up

$3,996,547

Up $80,756 (+2.1%) from 2023

Net Assets

Down

-$2,684,967

Down $161,076 (-6.4%) from 2023

Revenue

Down

$188,193

Down $4,737 (-2.5%) from 2023

Expenses

Up

$349,269

Up $12,996 (+3.9%) from 2023

Net Income

Down

-$161,076

Down $17,733 (-12%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2013: $2,313,492Liabilities 2013: $3,479,850Net Assets 2013: -$1,166,3582013Assets 2014: $2,230,572Liabilities 2014: $3,525,532Net Assets 2014: -$1,294,9602014Assets 2015: $2,126,117Liabilities 2015: $3,564,646Net Assets 2015: -$1,438,5292015Assets 2016: $2,046,142Liabilities 2016: $3,616,011Net Assets 2016: -$1,569,8692016Assets 2017: $1,943,382Liabilities 2017: $3,651,129Net Assets 2017: -$1,707,7472017Assets 2018: $1,841,891Liabilities 2018: $3,694,403Net Assets 2018: -$1,852,5122018Assets 2019: $1,755,509Liabilities 2019: $3,737,019Net Assets 2019: -$1,981,5102019Assets 2020: $1,669,220Liabilities 2020: $3,781,859Net Assets 2020: -$2,112,6392020Assets 2021: $1,573,256Liabilities 2021: $3,822,102Net Assets 2021: -$2,248,8462021Assets 2022: $1,486,461Liabilities 2022: $3,867,009Net Assets 2022: -$2,380,5482022Assets 2023: $1,391,900Liabilities 2023: $3,915,791Net Assets 2023: -$2,523,8912023Assets 2024: $1,311,580Liabilities 2024: $3,996,547Net Assets 2024: -$2,684,9672024

Highlighted filing

2024

Assets$1,311,580
Liabilities$3,996,547
Net Assets-$2,684,967

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $131,775Expenses 2013: $281,611Net Income 2013: -$149,8362013Revenue 2014: $153,813Expenses 2014: $282,415Net Income 2014: -$128,6022014Revenue 2015: $153,684Expenses 2015: $297,253Net Income 2015: -$143,5692015Revenue 2016: $152,045Expenses 2016: $283,385Net Income 2016: -$131,3402016Revenue 2017: $150,068Expenses 2017: $287,946Net Income 2017: -$137,8782017Revenue 2018: $158,906Expenses 2018: $303,671Net Income 2018: -$144,7652018Revenue 2019: $176,513Expenses 2019: $305,511Net Income 2019: -$128,9982019Revenue 2020: $173,467Expenses 2020: $304,596Net Income 2020: -$131,1292020Revenue 2021: $186,047Expenses 2021: $322,254Net Income 2021: -$136,2072021Revenue 2022: $182,676Expenses 2022: $314,378Net Income 2022: -$131,7022022Revenue 2023: $192,930Expenses 2023: $336,273Net Income 2023: -$143,3432023Revenue 2024: $188,193Expenses 2024: $349,269Net Income 2024: -$161,0762024

Highlighted filing

2024

Revenue$188,193
Expenses$349,269
Net Income-$161,076

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$188,193
Mission and Program Overview

Mission

To provide Low Income Housing to mentally ill and services specially designed to meet their physical, social and psychological needs and to promote their health, security and happiness. The Project receives a substantial portion of their rental revenue from HUD under Section 811 Project Rental Assistance Contract (PRAC).

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,241,262$1,143,299▼ $97,963
Accounts Receivable-$3,676-
Cash and Non-Interest-Bearing Accounts$2,448$2,836▲ $388
Prepaid Expenses and Deferred Charges$1,881$2,005▲ $124
Savings and Temporary Cash Investments-$0-
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$1,391,900$1,311,580▼ $80,320
Other Assets Total$146,309$159,764▲ $13,455
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,063,734$3,063,734→ $0
Other Liabilities$827,195$870,122▲ $42,927
Accounts Payable and Accrued Expenses$24,826$62,691▲ $37,865
Deferred Revenue$36--
Total Liabilities$3,915,791$3,996,547▲ $80,756
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,523,891$-2,684,967▼ $161,076
Total Net Assets Fund Balance$-2,523,891$-2,684,967▼ $161,076
Total Liabilities and Net Assets / Fund Balance$1,391,900$1,311,580▼ $80,320

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$825,247$1,824,073$2,649,320
Land$315,000-$315,000
Other Land Buildings-$61,763$61,763
Equipment$3,052$11,450$14,502
Other Assets Org$1,551--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Larry HaramotoPresident
Carlene KerkerSecretary
David P BaileyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$180,959
Investment Income
$7,234
Other Revenue
$0
Change in Net Assets
$-161,076

Audited Revenue Reconciliation

Revenue per Audited Statements
$188,193
Total Revenue per Audited Statements
$188,193
Total Revenue per Form 990
$188,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$349,269
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$97,963--$97,963
Interest$47,367--$47,367
All Other Expenses$32,967--$32,967
Other Expenses$11,838--$11,838
Fees for Services Management$11,160--$11,160
Fees for Services Accounting$10,648--$10,648
Insurance$10,398--$10,398
Fees for Services Legal$7,309--$7,309
Office Expenses$6,252--$6,252
Conferences and Meetings$505--$505
Total Functional Expenses$349,269$0$0$349,269

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$349,269
Total Expenses per Audited Statements$349,269
Total Expenses per Form 990$349,269
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 Interest$866,477
Resident Security Deposits$3,645
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Organization's governing body has delegated this function to CARING Housing Ministries(managing agent).

Form 990, Part VI, Section C, Line 19

The Organization's managing agent CARING Housing Ministries is the custodian of governing documents and financial records and upon request can make them available to the public.As noted in Section B / Question 12(a) the Organization does not have a written conflict of interest policy and as such cannot be provided for public inspection.

Filing and Contact Details

Filer

Filer Name
Hfl Van Nuys Apartments
EIN
30-0221171
Phone
8182541414
Address
800 N BRAND BLVD FLOOR 19, GLENDALE, CA 91203

Signing Officer

Name
Larry Haramoto
Title
President
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Hoffman Short an Accountancy Corp
Address
1037 PARK VIEW DR, COVINA, CA 91724
Preparer
Janny Thach
Phone
6269320100
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0585
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0135
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012702
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt053177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt045436
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt040020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt043817
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt038023
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0220473
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07234
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt04524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0585
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0135
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012702
IRS990ScheduleA/InvestmentIncomeCYPct00.01380
IRS990ScheduleA/InvestmentIncomePYPct00.00690
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98620
IRS990ScheduleA/PublicSupportPY509Pct00.99310
IRS990ScheduleA/PublicSupportTotal509Amt0910611
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0180959
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0188406
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0182091
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0185823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0173332
IRS990ScheduleA/Total509Grp/TotalAmt0910611
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0188193
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0192930
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0182676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0186047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0173467
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0923313
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0825247
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01824073
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02649320
IRS990ScheduleD/EquipmentGrp/BookValueAmt03052
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011450
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014502
IRS990ScheduleD/ExpensesSubtotalAmt0349269
IRS990ScheduleD/LandGrp/BookValueAmt0315000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0315000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02515
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1152052
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23646
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt31551
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Monitoring Fee Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Residents Deposits Held In Trust
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Residual Receipts Reserve
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt061763
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt061763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0866477
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13645
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Resident Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt0188193
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01143299
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0159764
IRS990ScheduleD/TotalExpensesPerForm990Amt0349269
IRS990ScheduleD/TotalLiabilityAmt0870122
IRS990ScheduleD/TotalRevenuePerForm990Amt0188193
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0188193
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0349269
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization's governing body has delegated this function to CARING Housing Ministries(managing agent).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization's managing agent CARING Housing Ministries is the custodian of governing documents and financial records and upon request can make them available to the public.As noted in Section B / Question 12(a) the Organization does not have a written conflict of interest policy and as such cannot be provided for public inspection.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01391900
IRS990/TotalAssetsEOYAmt01311580
IRS990/TotalAssetsGrp/BOYAmt01391900
IRS990/TotalAssetsGrp/EOYAmt01311580
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0349269
IRS990/TotalFunctionalExpensesGrp/TotalAmt0349269
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03915791
IRS990/TotalLiabilitiesEOYAmt03996547
IRS990/TotalLiabilitiesGrp/BOYAmt03915791
IRS990/TotalLiabilitiesGrp/EOYAmt03996547
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2523891
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2684967
IRS990/TotalProgramServiceExpensesAmt0349269
IRS990/TotalProgramServiceRevenueAmt0180959
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0188193
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0188193
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01391900
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01311580
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0800 N BRAND BLVD FLOOR 19
IRS990/USAddress/CityNm0GLENDALE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091203
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY HARAMOTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HFL VAN NUYS APARTMENTS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CO CARING HOUSING MINISTRIES
ReturnHeader/Filer/BusinessNameControlTxt0HFLV
ReturnHeader/Filer/EIN0300221171
ReturnHeader/Filer/PhoneNum08182541414
ReturnHeader/Filer/USAddress/AddressLine1Txt0800 N BRAND BLVD FLOOR 19
ReturnHeader/Filer/USAddress/CityNm0GLENDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091203
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true

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