Civic Intelligence

Fleet Reserve Association

EIN 33-0252822 • 501(c)19 • Carson, CA

Profile

Take care of its members and their families who may be in urgent need of assistance, financial or otherwise; to assist in recruiting for the united states naval service; to assemble for social intercourse and to keep informed on united states naval matters, whereby members may continue to legally serve the nation and the united states naval service.

1843 E 214th StreetCarson, CA 90745

n/A

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)19 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)19 • <$500k nonprofits • Source year 2023

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

501(c)19 • <$500k nonprofits • Source year 2023

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

501(c)19 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

$388,776

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$388,776

No earlier filing loaded for comparison.

Revenue

$384,797

No earlier filing loaded for comparison.

Expenses

$21,658

No earlier filing loaded for comparison.

Net Income

$363,139

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2023: $388,776Liabilities 2023: $0Net Assets 2023: $388,7762023

Highlighted filing

2023

Assets$388,776
Liabilities$0
Net Assets$388,776

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2023: $384,797Expenses 2023: $21,658Net Income 2023: $363,1392023

Highlighted filing

2023

Revenue$384,797
Expenses$21,658
Net Income$363,139

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$3.89$0.00$3.89$3.85$0.22$3.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$384,797
Mission and Program Overview

Mission

Take care of its members and their families who may be in urgent need of assistance, financial or otherwise; to assist in recruiting for the united states naval service; to assemble for social intercourse and to keep informed on united states naval matters, whereby members may continue to legally serve the nation and the united states naval service.

To take care of its members and their families who may be in urgent need of assistance, financial or otherwise; to assist in recruiting for the united states naval service; to assemble for social intercourse and to keep informed on united states naval matters, whereby members may continue to legally serve the nation and the united states naval service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$25,637$388,776▲ $363,139
Rtn Earn Endowment Incm Other Fnds$25,637$388,776▲ $363,139
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$25,637$388,776▲ $363,139
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,637$388,776▲ $363,139
Total Liabilities and Net Assets / Fund Balance$25,637$388,776▲ $363,139
Compensation and Service Providers

Board Members and Trustees

NameTitle
Edgardo LabaoPresident
Romeo GaleonSecretary
Sonny SalesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$379,913
Program Service Revenue
$0
Investment Income
$4,884
Other Revenue
$0
All Other Contributions
$379,913
Change in Net Assets
$363,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,258
Grants and Similar Amounts Paid$9,400
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$12,258--$12,258
Grants to Domestic Orgs$9,400--$9,400
Total Functional Expenses$21,658$0$0$21,658
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
San Gabriel Valley Branch 85 Fleet Reserve AssociationDiamond Bar, CA501(c)(3)General Fund$9,400
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No

Governance Explanations

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

The form 990 was circulated via email prior to filing.

Form 990, Part VI, Section C, Line 19

Our governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Fleet Reserve Association
EIN
33-0252822
Phone
3109519670
Address
1843 E 214TH STREET, CARSON, CA 90745

Signing Officer

Name
Sonny Sales
Title
Treasurer
Phone
3109519670
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sonny Sales
Formed
1984
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Pingul Agpaoa-alo & Company Llp
Address
9850 AVENIDA COLINO, SPRING VALLEY, CA 91977
Preparer
Richard Pingul CPA
Phone
7142726345
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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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