Civic Intelligence

Rancho Del Rio Master Association C/O Keystone

990 • Fiscal year 2023 • EIN 33-0389152

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 20, 2024

9060 Irvine Center DriveIrvine, CA 92618

(714) 395-5245

Siviq Scores

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

Liabilities / Assets

97th percentile

1.17x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.77x

Higher debt load relative to revenue than 87% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Net Margin

40th percentile

1.9%

Higher net margin than 40% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2023 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2023

Asset Growth

9th percentile

-20%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

39%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$584,641

Down $147,380 (-20%) from 2022

Net Assets

Up

-$99,161

Up $16,800 (+14%) from 2022

Liabilities

Down

$683,802

Down $164,180 (-19%) from 2022

Revenue

Up

$893,342

Up $249,034 (+39%) from 2022

Expenses

Up

$876,542

Up $149,575 (+21%) from 2022

Net Income

Up

$16,800

Up $99,459 (+120%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2015: $799,258Liabilities 2015: $41,283Net Assets 2015: $757,9752015Assets 2016: $841,159Liabilities 2016: $38,352Net Assets 2016: $802,8072016Assets 2017: $926,602Liabilities 2017: $44,067Net Assets 2017: $882,5352017Assets 2018: $801,040Liabilities 2018: $48,566Net Assets 2018: $752,4742018Assets 2019: $839,192Liabilities 2019: $832,394Net Assets 2019: $6,7982019Assets 2020: $829,253Liabilities 2020: $811,330Net Assets 2020: $17,9232020Assets 2021: $842,439Liabilities 2021: $875,741Net Assets 2021: -$33,3022021Assets 2022: $732,021Liabilities 2022: $847,982Net Assets 2022: -$115,9612022Assets 2023: $584,641Liabilities 2023: $683,802Net Assets 2023: -$99,1612023Assets 2024: $226,563Liabilities 2024: $286,296Net Assets 2024: -$59,7332024

Highlighted filing

2023

Assets$584,641
Liabilities$683,802
Net Assets-$99,161

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $439,757Expenses 2015: $393,494Net Income 2015: $46,2632015Revenue 2016: $462,610Expenses 2016: $417,778Net Income 2016: $44,8322016Revenue 2017: $417,968Expenses 2017: $338,240Net Income 2017: $79,7282017Revenue 2018: $420,101Expenses 2018: $550,162Net Income 2018: -$130,0612018Revenue 2019: $445,946Expenses 2019: $423,382Net Income 2019: $22,5642019Revenue 2020: $480,504Expenses 2020: $469,379Net Income 2020: $11,1252020Revenue 2021: $462,774Expenses 2021: $507,041Net Income 2021: -$44,2672021Revenue 2022: $644,308Expenses 2022: $726,967Net Income 2022: -$82,6592022Revenue 2023: $893,342Expenses 2023: $876,542Net Income 2023: $16,8002023Revenue 2024: $1,048,193Expenses 2024: $1,008,765Net Income 2024: $39,4282024

Highlighted filing

2023

Revenue$893,342
Expenses$876,542
Net Income$16,800
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 20, 2024
Return Version
2023v5.1
Gross Receipts
$893,342
Mission and Program Overview

Mission

The specific and primary purposes of the association are to bring civic betterments and social improvements by providing for the preservation of the architecture and appearance of the community by owning, operating and maintaining the properties for use of all residents.

To provide and preserve for the use and enjoyment of the community, civic betterments and social improvements for an architecturally beautiful appearance and community oriented amenities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$450,000$473,000▲ $23,000
Cash and Non-Interest-Bearing Accounts$251,512$91,325▼ $160,187
Rtn Earn Endowment Incm Other Fnds$0$25,244▲ $25,244
Accounts Receivable$28,560$19,412▼ $9,148
Prepaid Expenses and Deferred Charges$1,949$904▼ $1,045
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$-115,961$-124,405▼ $8,444
Total Assets$732,021$584,641▼ $147,380
Liabilities
Deferred Revenue$627,748$571,141▼ $56,607
Accounts Payable and Accrued Expenses$220,032$111,094▼ $108,938
Other Liabilities$202$1,567▲ $1,365
Total Liabilities$847,982$683,802▼ $164,180
Net Assets / Fund Balance
Total Net Assets Fund Balance$-115,961$-99,161▲ $16,800
Total Liabilities and Net Assets / Fund Balance$732,021$584,641▼ $147,380
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sylvester ArcaroPresident
Eduardo MolinaVice President
Dana AndersonMember at Large
William BrooksTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Bemus Landscape INCLandscapingPO BOX 846774, Los Angeles, CA 90084$601,166
Revenue and Support

Revenue Composition

Contributions and Grants
$675,418
Program Service Revenue
$3,933
Investment Income
$22,453
Other Revenue
$191,538
Change in Net Assets
$16,800

Audited Revenue Reconciliation

Revenue per Audited Statements
$893,342
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$893,342
Total Revenue per Form 990
$893,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$876,542
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
Fees for Services Management-$54,417-$54,417
All Other Expenses$11,386$18,637-$30,023
Other Expenses$25,103--$25,103
Insurance$9,213--$9,213
Fees for Services Legal$4,156--$4,156
Fees for Services Accounting-$2,700-$2,700
Total Functional Expenses$800,788$75,754$0$876,542

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$876,542
Total Expenses per Audited Statements$876,542
Total Expenses per Form 990$876,542
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
State (ca) Income Taxes Payable$1,567
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Association hires (under a competitive bid process approved by the board of directors) the services of a professional management company which manages the day to day administrative duties of the organization subject to the oversight of the board of directors. The management company acts as an agent for the association.

Form 990, Part VI, Section A, Line 6

As per the governing documents - residents become members by virtue of owning a unit in the community.

Form 990, Part VI, Section A, Line 7A

Members have voting rights accorded to then by virtue of owning a unit in the community as specified in the association's governing documents. The members elect a board of directors which provides oversight for the association business affairs as well as services provided by the management company.

Form 990, Part VI, Section A, Line 7B

The association's governing documents specify the various resolutions requiring membership approval. Most resolutions require only board of directors approval. The association complies with all state requirements for community interest developments regarding membership approval.

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

Association's board of directors reviews and approves the tax returns.

Form 990, Part VI, Section B, Line 15

The association has no employees. The association does not compensate its officers or board of directors. No policy or procedure for compensation is required.

Form 990, Part VI, Section C, Line 18

All documents required to be disclosed by the association are available upon request at the offices of its management company.

Form 990, Part VI, Section C, Line 19

All documents required to be disclosed by the association are available upon request at the offices of its management company.

Filing and Contact Details

Filer

Filer Name
Rancho Del Rio Master Association
EIN
33-0389152
Phone
7143955245
Address
9060 IRVINE CENTER DRIVE, IRVINE, CA 92618

Signing Officer

Name
Sylvester Arcaro
Title
President
Phone
7143955245
Signed
2024-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sylvester Arcaro
Formed
1989
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
5

Preparer

Firm
INOUYE SHIVELY KLATT & MCCORVEY CPA'S
Address
23282 MILL CREEK DR STE 200, LAGUNA HILLS, CA 92653
Preparer
Jefferey a Klatt CPA
Phone
9495866640
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process of oversight of the association's audit preparation and approval has not changed during the current fiscal year.

Raw XML Appendix341 raw XML fields

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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IRS990/ActivityOrMissionDesc0TO PROVIDE AND PRESERVE FOR THE USE AND ENJOYMENT OF THE COMMUNITY, CIVIC BETTERMENTS AND SOCIAL IMPROVEMENTS FOR AN ARCHITECTURALLY BEAUTIFUL APPEARANCE AND COMMUNITY ORIENTED AMENITIES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MADE NO LOBBYING OR POLITICAL EXPENDITURES.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 SCHEDULE C
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ASSOCIATION HIRES (UNDER A COMPETITIVE BID PROCESS APPROVED BY THE BOARD OF DIRECTORS) THE SERVICES OF A PROFESSIONAL MANAGEMENT COMPANY WHICH MANAGES THE DAY TO DAY ADMINISTRATIVE DUTIES OF THE ORGANIZATION SUBJECT TO THE OVERSIGHT OF THE BOARD OF DIRECTORS. THE MANAGEMENT COMPANY ACTS AS AN AGENT FOR THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AS PER THE GOVERNING DOCUMENTS - RESIDENTS BECOME MEMBERS BY VIRTUE OF OWNING A UNIT IN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS HAVE VOTING RIGHTS ACCORDED TO THEN BY VIRTUE OF OWNING A UNIT IN THE COMMUNITY AS SPECIFIED IN THE ASSOCIATION'S GOVERNING DOCUMENTS. THE MEMBERS ELECT A BOARD OF DIRECTORS WHICH PROVIDES OVERSIGHT FOR THE ASSOCIATION BUSINESS AFFAIRS AS WELL AS SERVICES PROVIDED BY THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ASSOCIATION'S GOVERNING DOCUMENTS SPECIFY THE VARIOUS RESOLUTIONS REQUIRING MEMBERSHIP APPROVAL. MOST RESOLUTIONS REQUIRE ONLY BOARD OF DIRECTORS APPROVAL. THE ASSOCIATION COMPLIES WITH ALL STATE REQUIREMENTS FOR COMMUNITY INTEREST DEVELOPMENTS REGARDING MEMBERSHIP APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ASSOCIATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE TAX RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ASSOCIATION HAS NO EMPLOYEES. THE ASSOCIATION DOES NOT COMPENSATE ITS OFFICERS OR BOARD OF DIRECTORS. NO POLICY OR PROCEDURE FOR COMPENSATION IS REQUIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ALL DOCUMENTS REQUIRED TO BE DISCLOSED BY THE ASSOCIATION ARE AVAILABLE UPON REQUEST AT THE OFFICES OF ITS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ALL DOCUMENTS REQUIRED TO BE DISCLOSED BY THE ASSOCIATION ARE AVAILABLE UPON REQUEST AT THE OFFICES OF ITS MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS OF OVERSIGHT OF THE ASSOCIATION'S AUDIT PREPARATION AND APPROVAL HAS NOT CHANGED DURING THE CURRENT FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0732021
IRS990/TotalAssetsEOYAmt0584641
IRS990/TotalAssetsGrp/BOYAmt0732021
IRS990/TotalAssetsGrp/EOYAmt0584641
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0675418
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt075754
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0800788
IRS990/TotalFunctionalExpensesGrp/TotalAmt0876542
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0847982
IRS990/TotalLiabilitiesEOYAmt0683802
IRS990/TotalLiabilitiesGrp/BOYAmt0847982
IRS990/TotalLiabilitiesGrp/EOYAmt0683802
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-115961
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-99161
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0800788
IRS990/TotalProgramServiceRevenueAmt03933
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0217924
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0893342
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0732021
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0584641
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09060 IRVINE CENTER DRIVE
IRS990/USAddress/CityNm0IRVINE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092618
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SYLVESTER ARCARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07143955245
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RANCHO DEL RIO MASTER ASSOCIATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O POWERSTONE
ReturnHeader/Filer/BusinessNameControlTxt0RANC
ReturnHeader/Filer/EIN0330389152
ReturnHeader/Filer/PhoneNum07143955245
ReturnHeader/Filer/USAddress/AddressLine1Txt09060 IRVINE CENTER DRIVE
ReturnHeader/Filer/USAddress/CityNm0IRVINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092618
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330382278
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0INOUYE SHIVELY KLATT & MCCORVEY CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt023282 MILL CREEK DR STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAGUNA HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092653
ReturnHeader/PreparerPersonGrp/PhoneNum09495866640
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFEREY A KLATT CPA
ReturnHeader/ReturnTs02024-12-20T17:35:41-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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