Civic Intelligence

Path Villas

990PF • Fiscal year 2024 • EIN 45-0577810

Jul 01, 2023 to Jun 30, 2024 • Filed on Oct 28, 2024

340 N Madison AvenueLos Angeles, CA 90004

(323) 644-2270

Siviq Scores

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

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

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

Liabilities / Revenue

65th percentile

0.19x

Higher debt load relative to revenue than 65% of similar nonprofits.

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

Net Margin

3rd percentile

-116%

Higher net margin than 3% of similar nonprofits.

2024 filings • 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.

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

Asset Growth

10th percentile

-15%

Faster asset growth than 10% of similar nonprofits.

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

Revenue Growth

68th percentile

22%

Faster revenue growth than 68% of similar nonprofits.

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

Assets

Down

$1,671,093

Down $304,113 (-15%) from 2023

Net Assets

Down

$1,622,233

Down $303,878 (-16%) from 2023

Liabilities

Down

$48,860

Down $235 (-0.5%) from 2023

Revenue

Up

$262,432

Up $46,668 (+22%) from 2023

Expenses

Up

$566,310

Up $74,823 (+15%) from 2023

Net Income

Down

-$303,878

Down $28,155 (-10%) from 2023

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $56,279Liabilities 2012: $0Net Assets 2012: $56,2792012Assets 2013: $53,892Liabilities 2013: $0Net Assets 2013: $53,8922013Assets 2014: $51,712Liabilities 2014: $0Net Assets 2014: $51,7122014Assets 2015: $50,712Liabilities 2015: $0Net Assets 2015: $50,7122015Assets 2016: $49,652Liabilities 2016: $0Net Assets 2016: $49,6522016Assets 2017: $2,251,529Liabilities 2017: $0Net Assets 2017: $2,251,5292017Assets 2018: $2,261,610Liabilities 2018: $0Net Assets 2018: $2,261,6102018Assets 2019: $2,271,981Liabilities 2019: $0Net Assets 2019: $2,271,9812019Assets 2020: $2,284,104Liabilities 2020: $0Net Assets 2020: $2,284,1042020Assets 2021: $2,295,077Liabilities 2021: $0Net Assets 2021: $2,295,0772021Assets 2022: $2,306,362Liabilities 2022: $0Net Assets 2022: $2,306,3622022Assets 2023: $1,975,206Liabilities 2023: $49,095Net Assets 2023: $1,926,1112023Assets 2024: $1,671,093Liabilities 2024: $48,860Net Assets 2024: $1,622,2332024Assets 2025: $1,319,503Liabilities 2025: $51,956Net Assets 2025: $1,267,5472025

Highlighted filing

2024

Assets$1,671,093
Liabilities$48,860
Net Assets$1,622,233

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $3,5552012Revenue 2013: $121,741Expenses 2013: $124,128Net Income 2013: -$2,3872013Revenue 2014: $0Expenses 2014: $2,180Net Income 2014: -$2,1802014Revenue 2015: $0Expenses 2015: $1,000Net Income 2015: -$1,0002015Expenses 2016: $1,0602016Revenue 2017: $11,298Expenses 2017: $1,500Net Income 2017: $9,7982017Revenue 2018: $11,581Expenses 2018: $1,500Net Income 2018: $10,0812018Revenue 2019: $11,871Expenses 2019: $1,500Net Income 2019: $10,3712019Revenue 2020: $13,623Expenses 2020: $1,500Net Income 2020: $12,1232020Revenue 2021: $12,473Expenses 2021: $1,500Net Income 2021: $10,9732021Revenue 2022: $12,812Expenses 2022: $1,527Net Income 2022: $11,2852022Revenue 2023: $215,764Expenses 2023: $491,487Net Income 2023: -$275,7232023Revenue 2024: $262,432Expenses 2024: $566,310Net Income 2024: -$303,8782024Revenue 2025: $294,178Expenses 2025: $648,864Net Income 2025: -$354,6862025

Highlighted filing

2024

Revenue$262,432
Expenses$566,310
Net Income-$303,878
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Oct 28, 2024
Return Version
2023v5.1
Mission and Program Overview

Mission

The organization's purpose is to provide affordable housing.

Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN MOLLOYPresident-$0--
JAIMEE SULSecretary-$0--
SHARRON HILLERYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Path Villas
EIN
45-0577810
Phone
3236442270
Address
340 N MADISON AVENUE, LOS ANGELES, CA 90004

Signing Officer

Name
Sandy Oluwek
Title
CFO
Signed
2024-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Boggeln & Company Inc
Address
215 1/2 Main Street, Huntington Beach, CA 92648
Preparer
Cheri L Boggeln
Phone
7143747434
Raw XML Appendix212 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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IRS990PF/MethodOfAccountingAccrualInd0X
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IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt00
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2SHARRON HILLERY
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Secretary
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2Treasurer
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IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt00
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt01A B
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0MANAGEMENT FEE AND RENTAL REVENUE ARE RECEIVED FROM PATH VILLAS OSAGE APARTMENT, LP, A LOW INCOME HOUSING TAX CREDIT PARTNERSHIP.
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
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IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
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IRS990PF/StatementsRegardingActyGrp/PhoneNum03236442270
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE ORGANIZATION PROVIDES DECENT HOUSING THAT IS AFFORDABLE TO LOW-INCOME AND MODERATE-INCOME PEOPLE, SPECIFICALLY FOR FAMILIES IN INGLEWOOD, CALIFORNIA.
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OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt049095
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt11926111
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0DUE FROM AFFILIATE
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1DUE FROM RELATED PARTIES
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc2INVESTMENT IN PATH OSAGE
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt048860
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt11622233
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt048860
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OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt013449
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt1552861
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1rental expenses from pass-through k-1
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1552861
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt013449
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt1248975
OtherIncomeSchedule2/OtherIncomeDetail/Desc0MANAGEMENT FEE
OtherIncomeSchedule2/OtherIncomeDetail/Desc1RENTAL REVENUE
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OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1248975
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt049095
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0PARTNERSHIP MGMT FEES PAYABLE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt048860
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SANDY OLUWEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATH VILLAS
ReturnHeader/Filer/BusinessNameControlTxt0PATH
ReturnHeader/Filer/EIN0450577810
ReturnHeader/Filer/PhoneNum03236442270
ReturnHeader/Filer/USAddress/AddressLine1Txt0340 N MADISON AVENUE
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090004
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461594234
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Boggeln & Company Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0215 1/2 Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Huntington Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092648
ReturnHeader/PreparerPersonGrp/PhoneNum07143747434
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHERI L BOGGELN
ReturnHeader/ReturnTs02024-10-28T08:31:50-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.32$0.05$1.27$0.29$0.65$0.35
2024Detailed filing. Detailed filing data is available for this year.$1.67$0.05$1.62$0.26$0.57$0.30
2023Detailed filing. Detailed filing data is available for this year.$1.98$0.05$1.93$0.22$0.49$0.28
2022Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$0.01$0.00$0.01
2021Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.01$0.00$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$0.01$0.00$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$0.01$0.00$0.01
2018Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.01$0.00$0.01
2017Summary only. Only limited summary data is available for this year.$2.25$0.00$2.25$0.01$0.00$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.00$0.00
2014Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.12$0.12$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.06$0.00