Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
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).
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
22nd percentile
Faster asset growth than 22% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
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
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
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
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| 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 | - | - |
| Name | Title |
|---|---|
| Larry Haramoto | President |
| Carlene Kerker | Secretary |
| David P Bailey | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $349,269 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $349,269 |
| Total Expenses per Audited Statements | $349,269 |
| Total Expenses per Form 990 | $349,269 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
| Liability | Amount |
|---|---|
| Accrued Interest | $866,477 |
| Resident Security Deposits | $3,645 |
“The Organization's governing body has delegated this function to CARING Housing Ministries(managing agent).”
“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.”
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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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8182541414 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GLENDALE |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -161076 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 97963 |
| IRS990/Desc | 0 | Low income housing for the mentally ill and services specially designed to meet their physical, social and psychological needs. The Project receives rental assistance provided by HUD under Section 811 - Project Rental Assistance Contract (PRAC). |
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| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 7309 |
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| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 11160 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 11838 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | -143343 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 142970 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 142071 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 142006 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 135309 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 690138 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 4524 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 585 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 224 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 135 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 12702 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 53177 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 45436 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 40020 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 43817 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 38023 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 220473 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 7234 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 4524 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 585 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 224 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 135 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 12702 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01380 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00690 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.98620 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99310 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 910611 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 180959 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 188406 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 182091 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 185823 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 173332 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 910611 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 188193 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 192930 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 182676 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 186047 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 173467 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 923313 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 825247 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 1824073 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 2649320 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 3052 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 11450 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 14502 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 349269 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 315000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 315000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 2515 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 152052 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 3646 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 1551 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Monitoring Fee Reserve |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | Replacement Reserve |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | Residents Deposits Held In Trust |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | Residual Receipts Reserve |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 61763 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 61763 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 866477 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 3645 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Accrued Interest |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Resident Security Deposits |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 188193 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1143299 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 159764 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 349269 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 870122 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 188193 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 188193 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 349269 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization's governing body has delegated this function to CARING Housing Ministries(managing agent). |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section C, Line 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 1391900 |
| IRS990/TotalAssetsEOYAmt | 0 | 1311580 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1391900 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1311580 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 349269 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 349269 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3915791 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3996547 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3915791 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3996547 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -2523891 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -2684967 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 349269 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 180959 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 188193 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 188193 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1391900 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 1311580 |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 800 N BRAND BLVD FLOOR 19 |
| IRS990/USAddress/CityNm | 0 | GLENDALE |
| IRS990/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/USAddress/ZIPCd | 0 | 91203 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LARRY HARAMOTO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | HFL VAN NUYS APARTMENTS |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CO CARING HOUSING MINISTRIES |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HFLV |
| ReturnHeader/Filer/EIN | 0 | 300221171 |
| ReturnHeader/Filer/PhoneNum | 0 | 8182541414 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 800 N BRAND BLVD FLOOR 19 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GLENDALE |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91203 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
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