Civic Intelligence

Villa Calleguas Inc Co Turning Point Foundation

990 • Fiscal year 2016 • EIN 31-1575268

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 02, 2017

P O Box 24397Ventura, CA 93002

(805) 652-0596

Siviq Scores

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

Liabilities / Assets

98th percentile

2.10x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

16.24x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

8th percentile

-46%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

22nd percentile

-5.0%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

8.5%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,327,789

Down $69,590 (-5.0%) from 2015

Net Assets

Down

-$1,457,189

Down $78,660 (-5.7%) from 2015

Liabilities

Up

$2,784,978

Up $9,070 (+0.3%) from 2015

Revenue

Up

$171,452

Up $13,459 (+8.5%) from 2015

Expenses

Down

$250,112

Down $58,843 (-19%) from 2015

Net Income

Up

-$78,660

Up $72,302 (+48%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $1,917,883Liabilities 2010: $2,801,056Net Assets 2010: -$883,1732010Assets 2011: $1,834,051Liabilities 2011: $2,747,055Net Assets 2011: -$913,0042011Assets 2012: $1,716,634Liabilities 2012: $2,742,697Net Assets 2012: -$1,026,0632012Assets 2013: $1,634,130Liabilities 2013: $2,773,225Net Assets 2013: -$1,139,0952013Assets 2014: $1,535,490Liabilities 2014: $2,763,057Net Assets 2014: -$1,227,5672014Assets 2015: $1,397,379Liabilities 2015: $2,775,908Net Assets 2015: -$1,378,5292015Assets 2016: $1,327,789Liabilities 2016: $2,784,978Net Assets 2016: -$1,457,1892016Assets 2017: $1,238,227Liabilities 2017: $2,768,167Net Assets 2017: -$1,529,9402017Assets 2018: $1,138,991Liabilities 2018: $2,780,355Net Assets 2018: -$1,641,3642018Assets 2019: $1,047,212Liabilities 2019: $2,797,371Net Assets 2019: -$1,750,1592019Assets 2020: $921,216Liabilities 2020: $2,765,432Net Assets 2020: -$1,844,2162020Assets 2021: $872,653Liabilities 2021: $2,782,301Net Assets 2021: -$1,909,6482021Assets 2022: $755,124Liabilities 2022: $2,771,030Net Assets 2022: -$2,015,9062022Assets 2023: $656,499Liabilities 2023: $2,770,014Net Assets 2023: -$2,113,5152023Assets 2024: $559,315Liabilities 2024: $2,777,908Net Assets 2024: -$2,218,5932024

Highlighted filing

2016

Assets$1,327,789
Liabilities$2,784,978
Net Assets-$1,457,189

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $244,3782010Expenses 2011: $232,4852011Expenses 2012: $264,3992012Revenue 2013: $150,641Expenses 2013: $263,673Net Income 2013: -$113,0322013Revenue 2014: $151,199Expenses 2014: $239,671Net Income 2014: -$88,4722014Revenue 2015: $157,993Expenses 2015: $308,955Net Income 2015: -$150,9622015Revenue 2016: $171,452Expenses 2016: $250,112Net Income 2016: -$78,6602016Revenue 2017: $182,421Expenses 2017: $255,172Net Income 2017: -$72,7512017Revenue 2018: $200,661Expenses 2018: $312,085Net Income 2018: -$111,4242018Revenue 2019: $216,417Expenses 2019: $325,212Net Income 2019: -$108,7952019Revenue 2020: $225,863Expenses 2020: $319,920Net Income 2020: -$94,0572020Revenue 2021: $224,162Expenses 2021: $289,594Net Income 2021: -$65,4322021Revenue 2022: $251,901Expenses 2022: $358,159Net Income 2022: -$106,2582022Revenue 2023: $252,540Expenses 2023: $350,149Net Income 2023: -$97,6092023Revenue 2024: $274,513Expenses 2024: $379,591Net Income 2024: -$105,0782024

Highlighted filing

2016

Revenue$171,452
Expenses$250,112
Net Income-$78,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 2, 2017
Return Version
2016v3.0
Gross Receipts
$171,452
Mission and Program Overview

Mission

Low income housing for the disabled and handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,279,843$1,174,996▼ $104,847
Cash and Non-Interest-Bearing Accounts$6,259$28,550▲ $22,291
Accounts Receivable$3,516$10,357▲ $6,841
Prepaid Expenses and Deferred Charges$7,316$7,316→ $0
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$1,397,379$1,327,789▼ $69,590
Other Assets Total$100,445$106,570▲ $6,125
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,721,698$2,721,698→ $0
Accounts Payable and Accrued Expenses$46,203$54,521▲ $8,318
Other Liabilities$8,007$8,759▲ $752
Total Liabilities$2,775,908$2,784,978▲ $9,070
Net Assets / Fund Balance
Unrestricted Net Assets$-1,378,529$-1,457,189▼ $78,660
Total Net Assets Fund Balance$-1,378,529$-1,457,189▼ $78,660
Total Liabilities and Net Assets / Fund Balance$1,397,379$1,327,789▼ $69,590

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,174,996$1,707,790$2,882,786
Other Land Buildings-$17,778$17,778
Other Assets Org$7,478--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jane SheehanPresident
Ed NaniVice President
Anne M ZachryDirector
Jeffery HaydenDirector
Leina BallDirector
Sally KosoffSecretary
Chris NovakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$171,307
Investment Income
$145
Other Revenue
$0
Change in Net Assets
$-78,660

Audited Revenue Reconciliation

Revenue per Audited Statements
$171,452
Total Revenue per Audited Statements
$171,452
Total Revenue per Form 990
$171,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$250,112
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$104,847--$104,847
Fees for Services Management$22,568--$22,568
All Other Expenses$20,194--$20,194
Insurance$10,600--$10,600
Fees for Services Accounting$6,750--$6,750
Other Expenses$5,938--$5,938
Office Expenses$2,785--$2,785
Fees for Services Legal$1,305--$1,305
Total Functional Expenses$250,112$0$0$250,112

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$250,112
Total Expenses per Audited Statements$250,112
Total Expenses per Form 990$250,112
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
Tenant security deposit$7,747
Prepaid Tenant Rent$1,012
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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, Line 3: Description of Delegated Duties to Management Company

Turning Point Foundation is engaged as the management company to care for the daily operations of the site, including care and management as well as the required administrative duties.

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

A draft version of the form 990 is emailed to the management company and board for review and approval prior to the final return being processed for signature.

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

Governing documents, policies and financial statements are available upon written request.

Filing and Contact Details

Filer

Filer Name
Villa Calleguas Inc
EIN
31-1575268
Phone
8056520596
Address
P O BOX 24397, VENTURA, CA 93002

Signing Officer

Name
Jane Sheehan
Title
President
Signed
2017-11-02
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Suchan & Associates
Address
3286 E Guasti Rd Ste 130, Ontario, CA 91761
Preparer
Michele Suchan
Phone
9097816443
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IRS990/ProgramServiceRevenueGrp/Desc1Rents - tenants
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt175051
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt096256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt175051
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0177
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0308955
IRS990/PYProgramServiceRevenueAmt0157816
IRS990/PYRevenuesLessExpensesAmt0-150962
IRS990/PYTotalExpensesAmt0308955
IRS990/PYTotalRevenueAmt0157993
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-78660
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt075051
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0177
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0213
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0304
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01067
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0171307
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0157816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0150986
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0150413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0151036
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0781558
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0213
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01067
IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/InvestmentIncomePYPct00.00160
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal509Amt0781558
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0171307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0157816
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0150986
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0150413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0151036
IRS990ScheduleA/Total509Grp/TotalAmt0781558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0171452
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0157993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0151199
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0150641
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0151340
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0782625
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01174996
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01707790
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02882786
IRS990ScheduleD/ExpensesSubtotalAmt0250112
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt099092
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt17478
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Tenant deposits held in trust
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017778
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017778
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17747
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid Tenant Rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant security deposit
IRS990ScheduleD/RevenueSubtotalAmt0171452
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01174996
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0106570
IRS990ScheduleD/TotalExpensesPerForm990Amt0250112
IRS990ScheduleD/TotalLiabilityAmt08759
IRS990ScheduleD/TotalRevenuePerForm990Amt0171452
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0171452
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0250112
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Turning Point Foundation is engaged as the management company to care for the daily operations of the site, including care and management as well as the required administrative duties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A draft version of the form 990 is emailed to the management company and board for review and approval prior to the final return being processed for signature.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, policies and financial statements are available upon written request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01397379
IRS990/TotalAssetsEOYAmt01327789
IRS990/TotalAssetsGrp/BOYAmt01397379
IRS990/TotalAssetsGrp/EOYAmt01327789
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250112
IRS990/TotalFunctionalExpensesGrp/TotalAmt0250112
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02775908
IRS990/TotalLiabilitiesEOYAmt02784978
IRS990/TotalLiabilitiesGrp/BOYAmt02775908
IRS990/TotalLiabilitiesGrp/EOYAmt02784978
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1378529
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1457189
IRS990/TotalProgramServiceExpensesAmt0250112
IRS990/TotalProgramServiceRevenueAmt0171307
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0171452

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.56$2.78$2.22$0.27$0.38$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.66$2.77$2.11$0.25$0.35$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.76$2.77$2.02$0.25$0.36$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.87$2.78$1.91$0.22$0.29$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.92$2.77$1.84$0.23$0.32$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.05$2.80$1.75$0.22$0.33$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.14$2.78$1.64$0.20$0.31$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.24$2.77$1.53$0.18$0.26$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.33$2.78$1.46$0.17$0.25$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.40$2.78$1.38$0.16$0.31$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.54$2.76$1.23$0.15$0.24$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.63$2.77$1.14$0.15$0.26$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$2.74$1.03$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$2.75$0.91$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$2.80$0.88$0.24