Civic Intelligence

Spring Park Senior Villa Inc.

990 • Fiscal year 2018 • EIN 45-4859261

Jul 01, 2017 to Jun 30, 2018 • Filed on May 09, 2019

Organization ProfileN/A
3460 S BroadwayLos Angeles, CA 90007

(323) 231-1107

Siviq Scores

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

Liabilities / Assets

94th percentile

1.11x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

99th percentile

35.23x

Higher debt load relative to revenue than 99% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

2nd percentile

-161%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

25th percentile

-3.8%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-0.7%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$8,471,202

Down $335,608 (-3.8%) from 2017

Net Assets

Down

-$901,268

Down $428,752 (-91%) from 2017

Liabilities

Up

$9,372,470

Up $93,144 (+1.0%) from 2017

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Down

$266,055

Down $2,000 (-0.7%) from 2017

Expenses

Up

$694,715

Up $32,066 (+4.8%) from 2017

Net Income

Down

-$428,660

Down $34,066 (-8.6%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2015: $9,081,192Liabilities 2015: $8,703,293Net Assets 2015: $377,8992015Assets 2016: $9,119,946Liabilities 2016: $9,197,868Net Assets 2016: -$77,9222016Assets 2017: $8,806,810Liabilities 2017: $9,279,326Net Assets 2017: -$472,5162017Assets 2018: $8,471,202Liabilities 2018: $9,372,470Net Assets 2018: -$901,2682018Assets 2019: $8,191,281Liabilities 2019: $9,480,348Net Assets 2019: -$1,289,0672019Assets 2020: $7,880,528Liabilities 2020: $9,567,439Net Assets 2020: -$1,686,9112020Assets 2021: $7,536,933Liabilities 2021: $9,641,375Net Assets 2021: -$2,104,4422021Assets 2022: $7,182,786Liabilities 2022: $9,721,470Net Assets 2022: -$2,538,6842022Assets 2023: $6,849,238Liabilities 2023: $9,809,372Net Assets 2023: -$2,960,1342023Assets 2024: $6,508,818Liabilities 2024: $9,910,779Net Assets 2024: -$3,401,9612024Assets 2025: $6,181,389Liabilities 2025: $10,005,099Net Assets 2025: -$3,823,7102025

Highlighted filing

2018

Assets$8,471,202
Liabilities$9,372,470
Net Assets-$901,268
Open 2018 Filing

Operations Trend

Revenue Growth35th percentile

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

$1.0M$500K$0-$500KRevenue 2015: $466,602Expenses 2015: $88,703Net Income 2015: $377,8992015Revenue 2016: $269,117Expenses 2016: $724,938Net Income 2016: -$455,8212016Revenue 2017: $268,055Expenses 2017: $662,649Net Income 2017: -$394,5942017Revenue 2018: $266,055Expenses 2018: $694,715Net Income 2018: -$428,6602018Revenue 2019: $285,321Expenses 2019: $673,120Net Income 2019: -$387,7992019Revenue 2020: $294,940Expenses 2020: $692,320Net Income 2020: -$397,3802020Revenue 2021: $297,445Expenses 2021: $714,976Net Income 2021: -$417,5312021Revenue 2022: $305,538Expenses 2022: $739,780Net Income 2022: -$434,2422022Revenue 2023: $304,447Expenses 2023: $725,897Net Income 2023: -$421,4502023Revenue 2024: $297,578Expenses 2024: $739,405Net Income 2024: -$441,8272024Revenue 2025: $411,420Expenses 2025: $833,169Net Income 2025: -$421,7492025

Highlighted filing

2018

Revenue$266,055
Expenses$694,715
Net Income-$428,660
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 9, 2019
Return Version
2017v2.3
Gross Receipts
$266,055
Mission and Program Overview

Mission

To provide housing facilities for low income families and elderly persons.

Spring park senior villa, inc provides low income families and elderly persons with housing facilities and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,681,253$8,333,861▼ $347,392
Savings and Temporary Cash Investments$100,481$117,832▲ $17,351
Cash and Non-Interest-Bearing Accounts$22,863$16,419▼ $6,444
Prepaid Expenses and Deferred Charges$1,080$1,989▲ $909
Accounts Receivable$1,133$1,101▼ $32
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-472,516$-901,268▼ $428,752
Total Assets$8,806,810$8,471,202▼ $335,608
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,913,415$8,913,415→ $0
Other Liabilities$337,944$423,809▲ $85,865
Accounts Payable and Accrued Expenses$27,785$35,076▲ $7,291
Deferred Revenue$182$170▼ $12
Total Liabilities$9,279,326$9,372,470▲ $93,144
Net Assets / Fund Balance
Total Net Assets Fund Balance$-472,516$-901,268▼ $428,752
Total Liabilities and Net Assets / Fund Balance$8,806,810$8,471,202▼ $335,608

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,295,496$1,094,337$9,389,833
Other Land Buildings$38,365$28,047$66,412
Compensation and Service Providers
Top Officer Pay20th percentile

Board Members and Trustees

NameTitle
Ana F PoncePresident
Loretta GilletVice President
Kelly BoyerDirector
Quaford ColemanDirector
Rev Bob GayDirector
Richard WashingtonSecretary
Edward Johnson EsqTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$266,024
Investment Income
$31
Other Revenue
$0
Change in Net Assets
$-428,660

Audited Revenue Reconciliation

Revenue per Audited Statements
$266,055
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$266,055
Total Revenue per Form 990
$266,055
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$657,328
Salaries, Compensation, and Employee Benefits$37,387
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$350,982--$350,982
Interest$86,223--$86,223
Other Salaries and Wages$32,976--$32,976
Fees for Services Management$13,986$13,986-$27,972
Insurance$24,444--$24,444
Fees for Services Accounting$10,107$10,107-$20,214
Office Expenses$17,851--$17,851
Other Expenses$14,015--$14,015
All Other Expenses$7,611--$7,611
Payroll Taxes$4,411--$4,411
Total Functional Expenses$670,622$24,093$0$694,715

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$694,807
Expenses per Audited Statements$694,715
Total Expenses per Form 990$694,715
Expenses Not Reported on Form 990$92
Expenses Not Reported on Financial Statements$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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$413,093
Tenant Security Deposits$10,716
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Major decisions require board approval.”

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

“Forms are explained before filing.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Spring Park Senior Villa Inc
EIN
45-4859261
Phone
3232311107
Address
3460 S BROADWAY, LOS ANGELES, CA 90007

Signing Officer

Name
Ana Ponce
Title
President
Phone
3232311107
Signed
2019-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ana Ponce
Formed
2012
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Lgsh Llp
Address
16530 VENTURA BOULEVARD SUITE 305, ENCINO, CA 91436-2006
Preparer
John E Saunders
Phone
8187830570
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax difference in depreciation of assets -92.”

Form 990, Part XI, Line 2C

“Oversight process is consistent with prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a not-for-profit organization under section 501(c)(3) of the internal revenue code and under section 23701(d) of the state of california revenueand taxation code; therefore, the organization and its separate properties are exempt from federal and state income taxes. Accordingly, no provision for income taxes is included in the financial statements.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Book/tax depreciation variance”

Raw XML AppendixShowing 400 of 437 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt027785
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035076
IRS990/AccountsReceivableGrp/BOYAmt01133
IRS990/AccountsReceivableGrp/EOYAmt01101
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SPRING PARK SENIOR VILLA, INC PROVIDES LOW INCOME FAMILIES AND ELDERLY PERSONS WITH HOUSING FACILITIES AND SERVICES.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07611
IRS990/AllOtherExpensesGrp/TotalAmt07611
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0HDSI MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum03232311107
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03460 S BROADWAY
IRS990/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090007
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt022863
IRS990/CashNonInterestBearingGrp/EOYAmt016419
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt031
IRS990/CYOtherExpensesAmt0657328
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0266024
IRS990/CYRevenuesLessExpensesAmt0-428660
IRS990/CYSalariesCompEmpBnftPaidAmt037387
IRS990/CYTotalExpensesAmt0694715
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0266055
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0182
IRS990/DeferredRevenueGrp/EOYAmt0170
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0350982
IRS990/DepreciationDepletionGrp/TotalAmt0350982
IRS990/Desc0SPRING PARK SENIOR VILLA, INC. PROVIDES HOUSING FACILITIES FOR LOW INCOME FAMILIES AND ELDERLY PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0670622
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010107
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010107
IRS990/FeesForServicesAccountingGrp/TotalAmt020214
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt013986
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt013986
IRS990/FeesForServicesManagementGrp/TotalAmt027972
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0ANA F PONCE
IRS990/Form990PartVIISectionAGrp/PersonNm1LORETTA GILLET
IRS990/Form990PartVIISectionAGrp/PersonNm2EDWARD JOHNSON ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm3RICHARD WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm4QUAFORD COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5REV BOB GAY
IRS990/Form990PartVIISectionAGrp/PersonNm6KELLY BOYER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0266055
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt024444
IRS990/InsuranceGrp/TotalAmt024444
IRS990/InterestGrp/ProgramServicesAmt086223
IRS990/InterestGrp/TotalAmt086223
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt031
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01122384
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08681253
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08333861
IRS990/LandBldgEquipCostOrOtherBssAmt09456245
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FACILITIES FOR LOW INCOME FAMILIES AND ELDERLY PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08913415
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08913415
IRS990/NetAssetsOrFundBalancesBOYAmt0-472516
IRS990/NetAssetsOrFundBalancesEOYAmt0-901268
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt017851
IRS990/OfficeExpensesGrp/TotalAmt017851
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-92
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc3SECURITY
IRS990/OtherExpensesGrp/ProgramServicesAmt054937
IRS990/OtherExpensesGrp/ProgramServicesAmt130294
IRS990/OtherExpensesGrp/ProgramServicesAmt222785
IRS990/OtherExpensesGrp/ProgramServicesAmt314015
IRS990/OtherExpensesGrp/TotalAmt054937
IRS990/OtherExpensesGrp/TotalAmt130294
IRS990/OtherExpensesGrp/TotalAmt222785
IRS990/OtherExpensesGrp/TotalAmt314015
IRS990/OtherLiabilitiesGrp/BOYAmt0337944
IRS990/OtherLiabilitiesGrp/EOYAmt0423809
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032976
IRS990/OtherSalariesAndWagesGrp/TotalAmt032976
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt04411
IRS990/PayrollTaxesGrp/TotalAmt04411
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01080
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01989
IRS990/PrincipalOfficerNm0ANA PONCE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0266024
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0266024
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0631484
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0268055
IRS990/PYRevenuesLessExpensesAmt0-394594
IRS990/PYSalariesCompEmpBnftPaidAmt031165
IRS990/PYTotalExpensesAmt0662649
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0268055
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-428660
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0266055
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-472516
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-901268
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0100481
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0117832
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0400000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0400000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt069
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0151
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0266024
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0268055
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0269066
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt066533
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0869678
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt069
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0151
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt01269678
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0266024
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0268055
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0269066
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0466533
IRS990ScheduleA/Total509Grp/TotalAmt01269678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0266055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0268055
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0269117
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0466602
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01269829
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt08295496
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01094337
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09389833
IRS990ScheduleD/ExpensesNotReportedAmt092
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0694715
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt092
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt038365
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt028047
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt066412
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0413093
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt110716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0266055
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND UNDER SECTION 23701(D) OF THE STATE OF CALIFORNIA REVENUEAND TAXATION CODE; THEREFORE, THE ORGANIZATION AND ITS SEPARATE PROPERTIES ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DEPRECIATION VARIANCE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08333861
IRS990ScheduleD/TotalExpensesPerForm990Amt0694715
IRS990ScheduleD/TotalLiabilityAmt0423809
IRS990ScheduleD/TotalRevenuePerForm990Amt0266055
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0266055
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0694807
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAJOR DECISIONS REQUIRE BOARD APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORMS ARE EXPLAINED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX DIFFERENCE IN DEPRECIATION OF ASSETS -92.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OVERSIGHT PROCESS IS CONSISTENT WITH PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0WASET INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0954354411
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SPONSOR AND ASSIST IN THE ACQUISITION AND DEVELOPMENT OF LOW-INCOME HOUSING.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03460 S BROADWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOS ANGELES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090007
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08806810
IRS990/TotalAssetsEOYAmt08471202
IRS990/TotalAssetsGrp/BOYAmt08806810
IRS990/TotalAssetsGrp/EOYAmt08471202
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024093
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0670622
IRS990/TotalFunctionalExpensesGrp/TotalAmt0694715
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt09279326
IRS990/TotalLiabilitiesEOYAmt09372470
IRS990/TotalLiabilitiesGrp/BOYAmt09279326
IRS990/TotalLiabilitiesGrp/EOYAmt09372470
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-472516
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-901268
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0670622
IRS990/TotalProgramServiceRevenueAmt0266024
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0266055
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266055
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08806810
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08471202
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03460 SOUTH BROADWAY
IRS990/USAddress/CityNm0LOS ANGELES
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090007
IRS990/VotingMembersGoverningBodyCnt07

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,471,202
Liabilities
$9,372,470
Net assets
-$901,268
Revenue
$266,055
Expenses
$694,715
Net income
-$428,660
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.18$10.0$3.82$0.41$0.83$0.42
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.51$9.91$3.40$0.30$0.74$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.85$9.81$2.96$0.30$0.73$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.18$9.72$2.54$0.31$0.74$0.43
2021Detailed filing. Detailed filing data is available for this year.$7.54$9.64$2.10$0.30$0.71$0.42
2020Detailed filing. Detailed filing data is available for this year.$7.88$9.57$1.69$0.29$0.69$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.19$9.48$1.29$0.29$0.67$0.39
2018Detailed filing. Detailed filing data is available for this year.$8.47$9.37$0.90$0.27$0.69$0.43
2017Detailed filing. Detailed filing data is available for this year.$8.81$9.28$0.47$0.27$0.66$0.39
2016Detailed filing. Detailed filing data is available for this year.$9.12$9.20$0.08$0.27$0.72$0.46
2015Detailed filing. Detailed filing data is available for this year.$9.08$8.70$0.38$0.47$0.09$0.38