Civic Intelligence

Villa Calleguas Inc Co Turning Point Foundation

990 • Fiscal year 2019 • EIN 31-1575268

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 06, 2020

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

99th percentile

2.67x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

12.93x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-50%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

14th percentile

-8.1%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

7.9%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,047,212

Down $91,779 (-8.1%) from 2018

Net Assets

Down

-$1,750,159

Down $108,795 (-6.6%) from 2018

Liabilities

Up

$2,797,371

Up $17,016 (+0.6%) from 2018

Revenue

Up

$216,417

Up $15,756 (+7.9%) from 2018

Expenses

Up

$325,212

Up $13,127 (+4.2%) from 2018

Net Income

Up

-$108,795

Up $2,629 (+2.4%) from 2018

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

2019

Assets$1,047,212
Liabilities$2,797,371
Net Assets-$1,750,159

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

2019

Revenue$216,417
Expenses$325,212
Net Income-$108,795
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 6, 2020
Return Version
2019v5.0
Gross Receipts
$216,417
Mission and Program Overview

Mission

Low income housing for the disabled and handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$965,302$876,317▼ $88,985
Cash and Non-Interest-Bearing Accounts$43,339$48,297▲ $4,958
Prepaid Expenses and Deferred Charges$4,794$5,087▲ $293
Accounts Receivable$930$2,328▲ $1,398
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$1,138,991$1,047,212▼ $91,779
Other Assets Total$124,626$115,183▼ $9,443
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,721,698$2,721,698→ $0
Accounts Payable and Accrued Expenses$49,784$67,891▲ $18,107
Other Liabilities$8,873$7,782▼ $1,091
Total Liabilities$2,780,355$2,797,371▲ $17,016
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,641,364$-1,750,159▼ $108,795
Total Net Assets Fund Balance$-1,641,364$-1,750,159▼ $108,795
Total Liabilities and Net Assets / Fund Balance$1,138,991$1,047,212▼ $91,779

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$860,455$2,022,331$2,882,786
Other Land Buildings$15,862$17,778$33,640
Other Assets Org$6,770--
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
$216,176
Investment Income
$241
Other Revenue
$0
Change in Net Assets
$-108,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$216,417
Total Revenue per Audited Statements
$216,417
Total Revenue per Form 990
$216,417
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,212
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
All Other Expenses$31,730--$31,730
Fees for Services Management-$29,524-$29,524
Other Expenses$17,620$11,202-$17,620
Insurance$13,606--$13,606
Fees for Services Accounting-$7,150-$7,150
Total Functional Expenses$277,336$47,876$0$325,212

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$325,212
Total Expenses per Audited Statements$325,212
Total Expenses per Form 990$325,212
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$6,770
Prepaid Tenant Rent$1,012
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, 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
2020-10-06
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 An Accountancy Corp
Address
8588 Utica Ave Ste 100, Rancho Cucamonga, CA 91730
Preparer
Michele Suchan
Phone
9097816443
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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0312085
IRS990/PYProgramServiceRevenueAmt0200364
IRS990/PYRevenuesLessExpensesAmt0-111424
IRS990/PYTotalExpensesAmt0312085
IRS990/PYTotalRevenueAmt0200661
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-108795
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0213604
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0241
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0297
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0255
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0177
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01115
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0216176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0200364
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0182166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0171307
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0157816
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0927829
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0241
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0297
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0255
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0177
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01115
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00130
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99870
IRS990ScheduleA/PublicSupportTotal509Amt0927829
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0216176
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0200364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0182166
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0171307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0157816
IRS990ScheduleA/Total509Grp/TotalAmt0927829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0216417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0200661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0182421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0171452
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0157993
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0928944
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0860455
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02022331
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02882786
IRS990ScheduleD/ExpensesSubtotalAmt0325212
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0108413
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16770
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Tenant deposits held in trust
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015862
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017778
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid Tenant Rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant security deposit
IRS990ScheduleD/RevenueSubtotalAmt0216417
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0876317
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0115183
IRS990ScheduleD/TotalExpensesPerForm990Amt0325212
IRS990ScheduleD/TotalLiabilityAmt07782
IRS990ScheduleD/TotalRevenuePerForm990Amt0216417
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0216417
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0325212
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01138991
IRS990/TotalAssetsEOYAmt01047212
IRS990/TotalAssetsGrp/BOYAmt01138991
IRS990/TotalAssetsGrp/EOYAmt01047212
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047876
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0277336
IRS990/TotalFunctionalExpensesGrp/TotalAmt0325212
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02780355
IRS990/TotalLiabilitiesEOYAmt02797371
IRS990/TotalLiabilitiesGrp/BOYAmt02780355
IRS990/TotalLiabilitiesGrp/EOYAmt02797371
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1641364
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1750159
IRS990/TotalProgramServiceExpensesAmt0277336
IRS990/TotalProgramServiceRevenueAmt0216176
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0216417
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0216417
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01138991
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01047212
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 24397
IRS990/USAddress/CityNm0VENTURA

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