Civic Intelligence

Villa Calleguas Inc Co Turning Point Foundation

990 • Fiscal year 2020 • EIN 31-1575268

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 15, 2021

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

3.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

12.24x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

9th percentile

-42%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

4.4%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$921,216

Down $125,996 (-12%) from 2019

Net Assets

Down

-$1,844,216

Down $94,057 (-5.4%) from 2019

Liabilities

Down

$2,765,432

Down $31,939 (-1.1%) from 2019

Revenue

Up

$225,863

Up $9,446 (+4.4%) from 2019

Expenses

Down

$319,920

Down $5,292 (-1.6%) from 2019

Net Income

Up

-$94,057

Up $14,738 (+14%) from 2019

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

2020

Assets$921,216
Liabilities$2,765,432
Net Assets-$1,844,216

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

2020

Revenue$225,863
Expenses$319,920
Net Income-$94,057
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 15, 2021
Return Version
2020v4.0
Gross Receipts
$225,863
Mission and Program Overview

Mission

Low income housing for the disabled and handicapped.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$876,317$767,100▼ $109,217
Cash and Non-Interest-Bearing Accounts$48,297$18,032▼ $30,265
Accounts Receivable$2,328$4,722▲ $2,394
Prepaid Expenses and Deferred Charges$5,087$4,574▼ $513
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$1,047,212$921,216▼ $125,996
Other Assets Total$115,183$126,788▲ $11,605
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,721,698$2,721,698→ $0
Accounts Payable and Accrued Expenses$67,891$35,966▼ $31,925
Other Liabilities$7,782$7,768▼ $14
Total Liabilities$2,797,371$2,765,432▼ $31,939
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,750,159$-1,844,216▼ $94,057
Total Net Assets Fund Balance$-1,750,159$-1,844,216▼ $94,057
Total Liabilities and Net Assets / Fund Balance$1,047,212$921,216▼ $125,996

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$755,608$2,127,178$2,882,786
Other Land Buildings$11,492$22,148$33,640
Other Assets Org$6,839--
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$225,679
Investment Income
$184
Other Revenue
$0
Change in Net Assets
$-94,057

Audited Revenue Reconciliation

Revenue per Audited Statements
$225,863
Total Revenue per Audited Statements
$225,863
Total Revenue per Form 990
$225,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$319,920
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$109,217--$109,217
Fees for Services Management-$33,981-$33,981
All Other Expenses$30,313--$30,313
Other Expenses$16,202$11,120-$16,202
Insurance$16,048--$16,048
Fees for Services Accounting-$7,150-$7,150
Total Functional Expenses$267,669$52,251$0$319,920

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$319,920
Total Expenses per Audited Statements$319,920
Total Expenses per Form 990$319,920
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$6,839
Prepaid Tenant Rent$929
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
2021-07-15
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
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/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0223470
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0184
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0241
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0297
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0255
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01122
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0225863
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0216176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0200364
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0182166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0171307
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0995876
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0184
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0241
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0297
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0255
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0145
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01122
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99890
IRS990ScheduleA/PublicSupportPY509Pct00.99880
IRS990ScheduleA/PublicSupportTotal509Amt0995876
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0225863
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0216176
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0200364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0182166
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0171307
IRS990ScheduleA/Total509Grp/TotalAmt0995876
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0226047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0216417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0200661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0182421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0171452
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0996998
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0755608
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02127178
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02882786
IRS990ScheduleD/ExpensesSubtotalAmt0319920
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0119949
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt16839
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Tenant deposits held in trust
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011492
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022148
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0929
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16839
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid Tenant Rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant security deposit
IRS990ScheduleD/RevenueSubtotalAmt0225863
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0767100
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0126788
IRS990ScheduleD/TotalExpensesPerForm990Amt0319920
IRS990ScheduleD/TotalLiabilityAmt07768
IRS990ScheduleD/TotalRevenuePerForm990Amt0225863
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0225863
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0319920
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/TotalAssetsBOYAmt01047212
IRS990/TotalAssetsEOYAmt0921216
IRS990/TotalAssetsGrp/BOYAmt01047212
IRS990/TotalAssetsGrp/EOYAmt0921216
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052251
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0267669
IRS990/TotalFunctionalExpensesGrp/TotalAmt0319920
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02797371
IRS990/TotalLiabilitiesEOYAmt02765432
IRS990/TotalLiabilitiesGrp/BOYAmt02797371
IRS990/TotalLiabilitiesGrp/EOYAmt02765432
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1750159
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1844216
IRS990/TotalProgramServiceExpensesAmt0267669
IRS990/TotalProgramServiceRevenueAmt0225679
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0225863
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0225863
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01047212
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0921216
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 24397
IRS990/USAddress/CityNm0VENTURA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093002
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

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