Civic Intelligence

Massen-Greene Charitable Remainder Foundation 02-50510-Pf

990PF • Fiscal year 2023 • EIN 45-4445554

Jan 01, 2023 to Dec 31, 2023 • Filed on May 02, 2024

5 First American WaySanta Ana, CA 92707

(714) 250-8239

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.00x

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Net Margin

20th percentile

-24%

Higher net margin than 20% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

52nd percentile

$17,334

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2023 filings • $1M-$5M nonprofits • Source year 2023

Asset Growth

19th percentile

-5.5%

Faster asset growth than 19% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

79th percentile

40%

Faster revenue growth than 79% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,023,567

Down $116,739 (-5.5%) from 2022

Net Assets

Down

$2,023,567

Down $116,739 (-5.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$478,305

Up $136,394 (+40%) from 2022

Expenses

Up

$595,044

Up $170,270 (+40%) from 2022

Net Income

Down

-$116,739

Down $33,876 (-41%) from 2022

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 2015: $2,406,702Liabilities 2015: $02015Assets 2016: $2,289,604Liabilities 2016: $0Net Assets 2016: $2,289,6042016Assets 2017: $2,325,752Liabilities 2017: $0Net Assets 2017: $2,325,7522017Assets 2018: $2,339,449Liabilities 2018: $0Net Assets 2018: $2,339,4492018Assets 2019: $2,252,407Liabilities 2019: $0Net Assets 2019: $2,252,4072019Assets 2020: $2,177,980Liabilities 2020: $0Net Assets 2020: $2,177,9802020Assets 2021: $2,223,169Liabilities 2021: $0Net Assets 2021: $2,223,1692021Assets 2022: $2,140,306Liabilities 2022: $0Net Assets 2022: $2,140,3062022Assets 2023: $2,023,567Liabilities 2023: $0Net Assets 2023: $2,023,5672023Assets 2024: $1,984,971Liabilities 2024: $0Net Assets 2024: $1,984,9712024

Highlighted filing

2023

Assets$2,023,567
Liabilities$0
Net Assets$2,023,567

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $432,512Expenses 2015: $446,198Net Income 2015: -$13,6862015Revenue 2016: $373,925Expenses 2016: $228,007Net Income 2016: $145,9182016Revenue 2017: $493,787Expenses 2017: $462,794Net Income 2017: $30,9932017Revenue 2018: $378,454Expenses 2018: $364,757Net Income 2018: $13,6972018Revenue 2019: $375,311Expenses 2019: $462,353Net Income 2019: -$87,0422019Revenue 2020: $333,255Expenses 2020: $407,682Net Income 2020: -$74,4272020Revenue 2021: $449,672Expenses 2021: $404,483Net Income 2021: $45,1892021Revenue 2022: $341,911Expenses 2022: $424,774Net Income 2022: -$82,8632022Revenue 2023: $478,305Expenses 2023: $595,044Net Income 2023: -$116,7392023Revenue 2024: $531,656Expenses 2024: $570,252Net Income 2024: -$38,5962024

Highlighted filing

2023

Revenue$478,305
Expenses$595,044
Net Income-$116,739
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 2, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FIRST AMERICAN TRUSTCo-TrusteeFT$17,334-$17,334
KENNETH O SOLOMONCo-TrusteePT$16,558-$16,558
LARRY VINCECo-TrusteePT$16,558-$16,558
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantMASSEN GREENE FOUNDATIONGENERAL501(C)(3)LAGUNA HILLS, CA, US$308,668
Paid GrantFRIENDS OF THE HORTENSE MILLER GARDEN INCGENERAL501(C)(3)LAGUNA BEACH, CA, US$34,296
Filing and Contact Details

Filer

Filer Name
Massen Greene Charitable Remainder
EIN
45-4445554
Phone
7142508239
Address
5 FIRST AMERICAN WAY, SANTA ANA, CA 92707

Signing Officer

Name
First American Trust
Title
Co-trustee
Phone
7142508239
Signed
2024-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Wright Ford Young & Co
Address
16140 SAND CANYON AVENUE, IRVINE, CA 92618
Preparer
Ryan Working CPA
Phone
9499102727
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IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt045405
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt050450
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt0342964
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt0342964
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt019358
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt019358
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt067761
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt067761
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-116739
IRS990PF/AnalysisOfRevenueAndExpenses/GrossRentsNetInvstIncmAmt0405165
IRS990PF/AnalysisOfRevenueAndExpenses/GrossRentsRevAndExpnssAmt0405165
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt0334741
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt05379
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt0237237
IRS990PF/AnalysisOfRevenueAndExpenses/NetRentalIncomeOrLossAmt0213052
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt0122478
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0122753
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt050634
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt053134
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0351202
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt0241068
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0595044
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0478305
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0478305
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt08238
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt0241068
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0252080
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/AcquiredDt02022-06-30
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt0329362
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt05379
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt05379
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt0334741
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0PUBLICLY TRADED SECURITIES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/SoldDt02023-12-31
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt05379
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-116739
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt02023567
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt02140306
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt02023567
IRS990PF/DistributableAmountGrp/DeductionFromDistributableAmt00
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0347470
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0347470
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0347470
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0350768
IRS990PF/DistributableAmountGrp/RecoveriesQualfiedDistriAmt00
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt03298
IRS990PF/DistributableAmountGrp/TotalTaxAmt03298
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt03280
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptFrgnOrgTaxWthldAtSrceAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt03298
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt03298
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt03298
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt018
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt03280
IRS990PF/FMVAssetsEOYAmt06973427
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt0329796
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt0298483
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt0298483
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsBOYAmt0874475
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYAmt0825333
IRS990PF/Form990PFBalanceSheetsGrp/CorporateBondsEOYFMVAmt0803029
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt0526091
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0505225
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt0621915
IRS990PF/Form990PFBalanceSheetsGrp/InvstLandAccumDepreciationAmt0320398
IRS990PF/Form990PFBalanceSheetsGrp/InvstLandCostOrOtherBasisAmt0714924
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsBOYAmt0409944
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYAmt0394526
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYFMVAmt05250000
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt02140306
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt02023567
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt02140306
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt02023567
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt06973427
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt02140306
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt02023567
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt02140306
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt02023567
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt07122201
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0446115
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt01426086
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0106833
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt05250000
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0350768
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt07015368
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt07122201
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt017334
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt116558
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt216558
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0FIRST AMERICAN TRUST
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1KENNETH O SOLOMON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2LARRY VINCE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0CO-TRUSTEE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1CO-TRUSTEE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2CO-TRUSTEE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt05 FIRST AMERICAN WAY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt124881 ALICIA PKWY STE E-338
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt224881 ALICIA PKWY STE E-349
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0SANTA ANA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1LAGUNA HILLS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2LAGUNA HILLS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0CA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1CA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd2CA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd092707
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd192653
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd292653
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt00

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