Civic Intelligence

Sherman Heights Community Center Corporation

EIN 33-0257031 • 501(c)3 • San Diego, CA

Profile

The mission: Fostering community through education, Cultural enrichment, health promotion, and personal development.

2260 Island AvenueSan Diego, CA 92102

www.shermanheightscc.org

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

30th percentile

-4.0%

Higher net margin than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

35th percentile

-1.2%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-6.9%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,640,791

Down $19,517 (-1.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$1,640,791

Down $19,517 (-1.2%) from 2023

Revenue

Down

$461,515

Down $34,257 (-6.9%) from 2023

Expenses

Up

$480,016

Up $78,858 (+20%) from 2023

Net Income

Down

-$18,501

Down $113,115 (-120%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2016: $1,225,477Liabilities 2016: $38,754Net Assets 2016: $1,186,7232016Assets 2017: $1,288,405Liabilities 2017: $14,497Net Assets 2017: $1,273,9082017Assets 2018: $1,312,878Liabilities 2018: $14,246Net Assets 2018: $1,298,6322018Assets 2019: $1,280,258Liabilities 2019: $0Net Assets 2019: $1,280,2582019Assets 2020: $1,242,416Liabilities 2020: $0Net Assets 2020: $1,242,4162020Assets 2021: $1,561,754Liabilities 2021: $23,419Net Assets 2021: $1,538,3352021Assets 2022: $1,565,692Liabilities 2022: $0Net Assets 2022: $1,565,6922022Assets 2023: $1,660,308Liabilities 2023: $0Net Assets 2023: $1,660,3082023Assets 2024: $1,640,791Liabilities 2024: $0Net Assets 2024: $1,640,7912024

Highlighted filing

2024

Assets$1,640,791
Liabilities$0
Net Assets$1,640,791

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $224,938Expenses 2016: $210,425Net Income 2016: $14,5132016Revenue 2017: $229,118Expenses 2017: $213,641Net Income 2017: $15,4772017Revenue 2018: $223,262Expenses 2018: $220,769Net Income 2018: $2,4932018Revenue 2019: $233,344Expenses 2019: $240,354Net Income 2019: -$7,0102019Revenue 2020: $260,328Expenses 2020: $258,190Net Income 2020: $2,1382020Revenue 2021: $535,511Expenses 2021: $239,592Net Income 2021: $295,9192021Revenue 2022: $459,841Expenses 2022: $432,484Net Income 2022: $27,3572022Revenue 2023: $495,772Expenses 2023: $401,158Net Income 2023: $94,6142023Revenue 2024: $461,515Expenses 2024: $480,016Net Income 2024: -$18,5012024

Highlighted filing

2024

Revenue$461,515
Expenses$480,016
Net Income-$18,501

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 18, 2024
Return Version
2023v6.0
Gross Receipts
$461,515
Mission and Program Overview

Mission

The mission: Fostering community through education, Cultural enrichment, health promotion, and personal development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,252,492$1,299,923▲ $47,431
Cash and Non-Interest-Bearing Accounts$251,848$205,389▼ $46,459
Land, Buildings, and Equipment, Net$122,329$104,591▼ $17,738
Pledges and Grants Receivable$27,885$28,533▲ $648
Prepaid Expenses and Deferred Charges$3,813$0▼ $3,813
Accounts Receivable$1,941$2,355▲ $414
Total Assets$1,660,308$1,640,791▼ $19,517
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,291,899$1,364,756▲ $72,857
Net Assets Without Donor Restrictions$368,409$276,035▼ $92,374
Total Net Assets Fund Balance$1,660,308$1,640,791▼ $19,517
Total Liabilities and Net Assets / Fund Balance$1,660,308$1,640,791▼ $19,517

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$85,652$222,267$307,919
Equipment$18,939$4,177$23,116
Land$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,252,492-▲ $110,834$56,885$1,299,923
2022$1,224,942-▲ $88,998$55,208$1,252,492
2021$1,329,821-▼ $45,963$52,993$1,224,942
2020$1,067,525-▲ $317,761$49,974$1,329,821
2019$1,107,505-▲ $15,201$49,743$1,067,525
Compensation and Service Providers

Board Members and Trustees

NameTitle
Devonna AlmagroPresident
Graciela RamirezVice-President
Ashley RodriguezDirector
Lucas O'ConnorDirector
Rafael PerezDirector
Ricardo MedinaDirector
Corey AlbrightSecretary
Karina SpilkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$210,275
Program Service Revenue
$203,808
Investment Income
$47,432
Other Revenue
$0
All Other Contributions
$156,016
Change in Net Assets
$-18,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$251,841
Other Expenses$228,175
Total Fundraising Expense$9,047
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$150,966$70,079$0$221,045
Fees for Services Management$32,808$4,408$0$37,216
Occupancy$16,363$8,157$3,662$28,182
Office Expenses$13,016$9,819$940$23,775
Other Expenses$10,856$7,035$1,295$19,186
Payroll Taxes$12,155$5,690$0$17,845
Depreciation Depletion$14,190$3,548$0$17,738
Insurance$9,910$2,478$2,478$14,866
Other Employee Benefits$8,662$4,289$0$12,951
Fees for Services Accounting$0$7,744$0$7,744
Information Technology$3,679$1,326$641$5,646
Travel$1,167$542$20$1,729
Conferences and Meetings$1,567$9$0$1,576
Advertising$128$0$0$128
Total Functional Expenses$344,764$126,205$9,047$480,016
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Sherman Heights Community Center Corporation
EIN
33-0257031
Phone
6192325181
Address
2260 Island Avenue, San Diego, CA 92102

Signing Officer

Name
Devonna Almagro
Title
Board President
Phone
6192325181
Signed
2024-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rafael Perez
Formed
1986
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
10

Preparer

Firm
Tony Pettina Fiscal Design & Mgmt
Address
2727 HOOVER AVENUE STE 202, NATIONAL CITY, CA 91950
Preparer
Tony Pettina
Phone
6196653025
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is reviewed by the Executive Director and the Board of Directors prior to filing.

Pt VI, Line 12C

Board members are required to disclose conflict of interest, if any.

Pt VI, Line 15A

Compensation is reviewed and approved by the Board of Directors.

Pt VI, Line 19

Governing documents and audited financial statements are available to the public upon request.

Financial Statement Notes

Pt V, Line 4

The endowment funds held by San Diego Foundation are used

Pt V, Line 4

to provide a quarterly grant distribution for the organizations general purposes.

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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt028999
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Program Service Revenue 2019: 163212. 2020: 145300. 2021: 191467. 2022: 215744. 2023: 203808.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0210275
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0252478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0373253
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0127916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt097116
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01061038
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt047432
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027550
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-104879
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0262295
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0232398
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0203808
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0215744
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0191467
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0145300
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0163212
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0919531
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.47950
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.46040
IRS990ScheduleA/PublicSupportTotal170Amt01061038
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0210275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0252478
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0373253
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0127916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt097116
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01061038
IRS990ScheduleA/TotalSupportAmt02212967
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06518
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01252492
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01299923
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0110834
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt056885
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06240
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01224942
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01252492
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt088998
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt055208
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt05923
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01329821
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01224942
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-45963
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt052993
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt05491
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01067525
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01329821
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0317761
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt049974
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt05438
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01107505
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01067525
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt015201
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt049743
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt018939
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04177
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023116
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt085652
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0222267
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0307919
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.77000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment funds held by San Diego Foundation are used
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1to provide a quarterly grant distribution for the organizations general purposes.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.23000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0104591
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The form 990 is reviewed by the Executive Director and the Board of Directors prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are required to disclose conflict of interest, if any.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation is reviewed and approved by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents and audited financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01660308
IRS990/TotalAssetsEOYAmt01640791

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