Civic Intelligence

Crestmont Loft

990 • Fiscal year 2024 • EIN 45-2913797

Jun 01, 2023 to May 31, 2024 • Filed on Apr 08, 2025

1714 Crestmont DriveBakersfield, CA 93306

(661) 333-4096

Siviq Scores

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

Liabilities / Assets

58th percentile

0.11x

Higher debt load relative to assets than 58% of similar nonprofits.

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

Liabilities / Revenue

38th percentile

0.03x

Higher debt load relative to revenue than 38% of similar nonprofits.

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

Net Margin

59th percentile

9.3%

Higher net margin than 59% of similar nonprofits.

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

Top Officer Pay

74th percentile

$120,000

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

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

Asset Growth

87th percentile

37%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

67th percentile

21%

Faster revenue growth than 67% of similar nonprofits.

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

Assets

Up

$501,157

Up $136,345 (+37%) from 2023

Net Assets

Up

$448,183

Up $151,263 (+51%) from 2023

Liabilities

Down

$52,974

Down $14,918 (-22%) from 2023

Revenue

Up

$1,621,064

Up $284,903 (+21%) from 2023

Expenses

Up

$1,469,801

Up $142,024 (+11%) from 2023

Net Income

Up

$151,263

Up $142,879 (+1704%) from 2023

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2013: $24,256Liabilities 2013: $72,3282013Assets 2014: $50,456Liabilities 2014: $37,028Net Assets 2014: $13,4282014Assets 2015: $45,981Liabilities 2015: $30,344Net Assets 2015: $15,6372015Assets 2016: $36,339Liabilities 2016: $30,344Net Assets 2016: $5,9952016Assets 2017: $59,998Liabilities 2017: $34,124Net Assets 2017: $25,8742017Assets 2018: $95,527Liabilities 2018: $30,345Net Assets 2018: $65,1822018Assets 2019: $86,172Liabilities 2019: $30,345Net Assets 2019: $55,8272019Assets 2020: $103,902Liabilities 2020: $210,772Net Assets 2020: -$106,8702020Assets 2021: $261,775Liabilities 2021: $81,289Net Assets 2021: $180,4862021Assets 2022: $356,319Liabilities 2022: $67,783Net Assets 2022: $288,5362022Assets 2023: $364,812Liabilities 2023: $67,892Net Assets 2023: $296,9202023Assets 2024: $501,157Liabilities 2024: $52,974Net Assets 2024: $448,1832024Assets 2025: $391,089Liabilities 2025: $30,344Net Assets 2025: $360,7452025

Highlighted filing

2024

Assets$501,157
Liabilities$52,974
Net Assets$448,183

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $148,070Expenses 2013: $196,142Net Income 2013: -$48,0722013Revenue 2014: $433,998Expenses 2014: $372,498Net Income 2014: $61,5002014Revenue 2015: $454,124Expenses 2015: $451,915Net Income 2015: $2,2092015Revenue 2016: $536,923Expenses 2016: $546,565Net Income 2016: -$9,6422016Revenue 2017: $783,952Expenses 2017: $764,073Net Income 2017: $19,8792017Revenue 2018: $741,613Expenses 2018: $702,305Net Income 2018: $39,3082018Revenue 2019: $825,616Expenses 2019: $834,971Net Income 2019: -$9,3552019Revenue 2020: $801,299Expenses 2020: $963,996Net Income 2020: -$162,6972020Revenue 2021: $1,234,888Expenses 2021: $947,532Net Income 2021: $287,3562021Revenue 2022: $1,166,695Expenses 2022: $1,058,645Net Income 2022: $108,0502022Revenue 2023: $1,336,161Expenses 2023: $1,327,777Net Income 2023: $8,3842023Revenue 2024: $1,621,064Expenses 2024: $1,469,801Net Income 2024: $151,2632024Revenue 2025: $1,349,129Expenses 2025: $1,436,567Net Income 2025: -$87,4382025

Highlighted filing

2024

Revenue$1,621,064
Expenses$1,469,801
Net Income$151,263
Jump To
Filing Snapshot
Filing Period
Jun 1, 2023 to May 31, 2024
Signed
Apr 8, 2025
Return Version
2023v6.0
Gross Receipts
$1,621,064
Mission and Program Overview

Mission

Crestmont loft is a non profit organization committed to improving the quality of life of individuals with intellectual delay, through community integration and acquisition of maximum independence and self sufficiency by providing an encouraging environment while promoting individuality.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$291,129$426,386▲ $135,257
Receivables From Officers Etc$51,645$51,645→ $0
Loans From Officers Directors$67,892$30,344▼ $37,548
Land, Buildings, and Equipment, Net$22,038$23,126▲ $1,088
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$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$364,812$501,157▲ $136,345
Other Assets Total-$0-
Liabilities
Other Liabilities-$22,630-
Total Liabilities$67,892$52,974▼ $14,918
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$296,920$448,183▲ $151,263
Total Net Assets Fund Balance$296,920$448,183▲ $151,263
Total Liabilities and Net Assets / Fund Balance$364,812$501,157▲ $136,345

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$19,889$18,889$38,778
Equipment$3,237$25,094$28,331
Other Land Buildings-$4,717$4,717
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christie O'nealAdministratorFT$120,000$120,000
Dirk JohnsonCEOPT$115,200$115,200
Gina SodaroPresidentPT$16,840$16,840

Board Members and Trustees

NameTitle
Courtney MillerPresident
Julie O'NealSecretary
Laura AcostaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,602,152
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$18,912
Change in Net Assets
$151,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,094,590
Other Expenses$375,211
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$776,007--$776,007
Current Officers, Directors, Trustees, and Key Employees$235,200--$235,200
Occupancy$146,987--$146,987
Payroll Taxes$83,383--$83,383
Fees for Services Other$16,500--$16,500
Fees for Services Accounting-$16,279-$16,279
Insurance$15,991$200-$16,191
Other Expenses$14,019--$14,019
All Other Expenses$6,912$3,468-$10,380
Depreciation Depletion$6,242--$6,242
Travel$5,828--$5,828
Office Expenses-$3,274-$3,274
Interest-$3,083-$3,083
Information Technology$222--$222
Total Functional Expenses$1,443,497$26,304$0$1,469,801
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Christie O'nealOfficerRentsNo$60,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$51,645$51,645→ $0
Loans from Officers, Directors, Trustees, and Key Employees$67,892$30,344▼ $37,548
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
State Fund Judgement$22,630
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
Yes
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 B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 18

Available upon request.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Crestmont Loft
EIN
45-2913797
Phone
6613334096
Address
1714 Crestmont Drive, Bakersfield, CA 93306

Signing Officer

Name
Christie O'neal
Title
Administrator
Signed
2025-04-08
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
39

Preparer

Firm
Brown Armstrong Accountancy Corp
Address
4200 TRUXTUN AVE STE 300, BAKERSFIELD, CA 93309
Preparer
Charlie McCarthy
Phone
6613244971
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01151940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01219403
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0788582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06084809
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt074094
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01219403
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0788582
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06084809
IRS990ScheduleA/TotalSupportAmt06084809
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/EquipmentGrp/BookValueAmt03237
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025094
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019889
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt018889
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt038778
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04717
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04717
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022630
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0State Fund Judgement
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023126
IRS990ScheduleD/TotalLiabilityAmt022630
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt016840
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Gina Sodaro
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt016840
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Christie O'neal
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Officer
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt160345
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CHRISTIE O'NEAL
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1DIRK JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1OFFICER
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0In 2013 the organization borrowed funds to pay for start up costs from officers Dirk Johnson and Christie O'neal in the amount of $72,328. At the end of fiscal year ending 5/31/2024, the outstanding balance due to Dirk Johnson was $30,345.In 2014, Officer Christie O'neal took a personal loan out from the organization in the amount of $26,317. In 2016, an additional $13,000 was loaned to Christie,$8,200 in 2018,$1,500 in 2019,$9,000 in 2020, and $8,200 in 2021. At the end of fiscal year ending 5/31/2024, the outstanding receivable due to the organization was $51,645.Crestmont Loft rents its housing facility from Christie O'neal, an officer of the organization. Rents were paid to Christie O'neal in the amount of $60,000 for the fiscal year ended 5/31/2024.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt081990
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
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IRS990/TerminateOperationsInd0false
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IRS990/TravelGrp/ProgramServicesAmt05828
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