Civic Intelligence

Interfaith Development Corporation

990 • Fiscal year 2023 • EIN 33-0935339

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 18, 2024

7956 Lester AvenueLemon Grove, CA 91945

(619) 668-1532

Siviq Scores

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

Liabilities / Assets

96th percentile

1.29x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

100th percentile

98.76x

Higher debt load relative to revenue than 100% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

1st percentile

-2480%

Higher net margin than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

95th percentile

$293,538

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 774.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

21st percentile

-4.9%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-61%

Faster revenue growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,895,352

Down $148,439 (-4.9%) from 2022

Net Assets

Down

-$846,208

Down $939,463 (-1007%) from 2022

Liabilities

Up

$3,741,560

Up $791,024 (+27%) from 2022

Revenue

Down

$37,887

Down $58,579 (-61%) from 2022

Expenses

Up

$977,350

Up $299,099 (+44%) from 2022

Net Income

Down

-$939,463

Down $357,678 (-61%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2017: $116,223Liabilities 2017: $61,474Net Assets 2017: $54,7492017Assets 2018: $173,597Liabilities 2018: $68,795Net Assets 2018: $104,8022018Assets 2019: $2,644,530Liabilities 2019: $2,535,410Net Assets 2019: $109,1202019Assets 2020: $2,703,551Liabilities 2020: $2,535,410Net Assets 2020: $168,1412020Assets 2021: $3,208,515Liabilities 2021: $2,533,475Net Assets 2021: $675,0402021Assets 2022: $3,043,791Liabilities 2022: $2,950,536Net Assets 2022: $93,2552022Assets 2023: $2,895,352Liabilities 2023: $3,741,560Net Assets 2023: -$846,2082023Assets 2024: $2,816,725Liabilities 2024: $4,985,730Net Assets 2024: -$2,169,0052024

Highlighted filing

2023

Assets$2,895,352
Liabilities$3,741,560
Net Assets-$846,208

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2017: $55,900Expenses 2017: $1,298Net Income 2017: $54,6022017Revenue 2018: $64,398Expenses 2018: $14,345Net Income 2018: $50,0532018Revenue 2019: $32,360Expenses 2019: $28,042Net Income 2019: $4,3182019Revenue 2020: $77,024Expenses 2020: $18,003Net Income 2020: $59,0212020Revenue 2021: $488,474Expenses 2021: $35,558Net Income 2021: $452,9162021Revenue 2022: $96,466Expenses 2022: $678,251Net Income 2022: -$581,7852022Revenue 2023: $37,887Expenses 2023: $977,350Net Income 2023: -$939,4632023Revenue 2024: $112,824Expenses 2024: $1,435,621Net Income 2024: -$1,322,7972024

Highlighted filing

2023

Revenue$37,887
Expenses$977,350
Net Income-$939,463
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 18, 2024
Return Version
2023v5.1
Gross Receipts
$37,887
Mission and Program Overview

Mission

To assist in the development of affordable housing for low income residents of san diego county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$225,000$225,000→ $0
Cash and Non-Interest-Bearing Accounts$223,055$114,290▼ $108,765
Land, Buildings, and Equipment, Net$2,503,899$111,784▼ $2,392,115
Accounts Receivable$6,499$2,941▼ $3,558
Savings and Temporary Cash Investments-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,043,791$2,895,352▼ $148,439
Other Assets Total$85,338$2,441,337▲ $2,355,999
Liabilities
Unsecured Notes Loans Payable$2,533,475$2,533,474▼ $1
Other Liabilities$417,039$1,208,086▲ $791,047
Accounts Payable and Accrued Expenses$22--
Total Liabilities$2,950,536$3,741,560▲ $791,024
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$93,255$-846,208▼ $939,463
Total Net Assets Fund Balance$93,255$-846,208▼ $939,463
Total Liabilities and Net Assets / Fund Balance$3,043,791$2,895,352▼ $148,439

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$111,784$19,611$131,395
Other Assets Org$95--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$37,570
Investment Income
$317
Other Revenue
$0
Change in Net Assets
$-939,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$777,350
Grants and Similar Amounts Paid$200,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$200,000--$200,000
Depreciation Depletion$2,782--$2,782
Fees for Services Accounting$2,220--$2,220
Office Expenses$175--$175
Other Expenses$91--$91
All Other Expenses$51--$51
Total Functional Expenses$977,350$0$0$977,350
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
San Diego Interfaith HousingLemon Grove, CA501(c)(3)Low Income Housing$200,000
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
Metro Villas Deficit$1,066,879
525 Orange Deficit$141,207
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members all of whom have voting rights.

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

The president and the director of finance review the 990 before filing.

Form 990, Part VI, Section B, Line 12C

Every new employee attends a new employee orientation held with the director of finance. At that time they are given and required to read and sign for various polices which includes conflict of interest and gratuities. In addition each employee is given a policy manual that covers these subjects. At the end of the orientation they are required to sign and date a form stating they accept, understand, and agree to abide by the polices they were given. In the event an employee is suspected of abusing or violating a policy, an investigation is conducted by the employees' direct supervisor, the director of finance (hr) and the president. Depending on the findings and severity of the offense, the result could be time off without pay and/or termination of employment.

Form 990, Part VI, Section C, Line 19

The organization will provide the governing documents, polices, and financial statements to any person who requests this information in writing.

Filing and Contact Details

Filer

Filer Name
Interfaith Development
EIN
33-0935339
Phone
6196681532
Address
7956 LESTER AVENUE, LEMON GROVE, CA 91945

Signing Officer

Name
Lynn Gabe
Title
CFO
Signed
2024-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew B Jumper
Formed
2000
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108
Preparer
Michael J Zizzi
Phone
6192947200
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MATTHEW B JUMPER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt037570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037570
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0593
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0677658
IRS990/PYProgramServiceRevenueAmt096466
IRS990/PYRevenuesLessExpensesAmt0-581785
IRS990/PYTotalExpensesAmt0678251
IRS990/PYTotalRevenueAmt096466
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-939463
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt037570
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0317
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0317
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt037570
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt096466
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0488474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt061600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt077024
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0761134
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0317
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0761134
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt037570
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt096466
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0488474
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt061600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt077024
IRS990ScheduleA/Total509Grp/TotalAmt0761134
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt037887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt096466
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0488474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt061600
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt077024
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0761451
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0111784
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt019611
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0131395
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt051809
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1100
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22389333
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt395
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0220 QUINCE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CORONADO SENIOR
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2CV SENIOR
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3MOUNTAIN VIEW VILLAS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0141207
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11066879
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0525 ORANGE DEFICIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1METRO VILLAS DEFICIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0111784
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02441337
IRS990ScheduleD/TotalLiabilityAmt01208086
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0200000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LOW INCOME HOUSING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SAN DIEGO INTERFAITH HOUSING
IRS990ScheduleI/RecipientTable/RecipientEIN0952593136
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07956 LESTER AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LEMON GROVE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd091945
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0282633
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010905
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MATTHEW B JUMPER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0293538
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS ALL OF WHOM HAVE VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT AND THE DIRECTOR OF FINANCE REVIEW THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EVERY NEW EMPLOYEE ATTENDS A NEW EMPLOYEE ORIENTATION HELD WITH THE DIRECTOR OF FINANCE. AT THAT TIME THEY ARE GIVEN AND REQUIRED TO READ AND SIGN FOR VARIOUS POLICES WHICH INCLUDES CONFLICT OF INTEREST AND GRATUITIES. IN ADDITION EACH EMPLOYEE IS GIVEN A POLICY MANUAL THAT COVERS THESE SUBJECTS. AT THE END OF THE ORIENTATION THEY ARE REQUIRED TO SIGN AND DATE A FORM STATING THEY ACCEPT, UNDERSTAND, AND AGREE TO ABIDE BY THE POLICES THEY WERE GIVEN. IN THE EVENT AN EMPLOYEE IS SUSPECTED OF ABUSING OR VIOLATING A POLICY, AN INVESTIGATION IS CONDUCTED BY THE EMPLOYEES' DIRECT SUPERVISOR, THE DIRECTOR OF FINANCE (HR) AND THE PRESIDENT. DEPENDING ON THE FINDINGS AND SEVERITY OF THE OFFENSE, THE RESULT COULD BE TIME OFF WITHOUT PAY AND/OR TERMINATION OF EMPLOYMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE THE GOVERNING DOCUMENTS, POLICES, AND FINANCIAL STATEMENTS TO ANY PERSON WHO REQUESTS THIS INFORMATION IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19

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