Civic Intelligence

Affordable Rent Project Inc.

990EZ • Fiscal year 2017 • EIN 46-1538325

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 08, 2018

Organization ProfileWWW.AFFORDABLERENTPROJECT.ORG
21900 Burbank Blvd No 300Woodland Hills, CA 91367

(818) 992-2921

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

83rd percentile

$18,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 35.9% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

32nd percentile

-7.5%

Faster asset growth than 32% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

6.3%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$77,766

Down $6,267 (-7.5%) from 2016

Net Assets

Down

$77,766

Down $6,267 (-7.5%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin21st percentile

Revenue

Up

$50,209

Up $2,995 (+6.3%) from 2016

Expenses

Up

$56,476

Up $115 (+0.2%) from 2016

Net Income

Up

-$6,267

Up $2,880 (+31%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$400K$300K$200K$100K$0Assets 2016: $84,033Liabilities 2016: $0Net Assets 2016: $84,0332016Assets 2017: $77,766Liabilities 2017: $0Net Assets 2017: $77,7662017Assets 2018: $65,228Net Assets 2018: $65,2282018Assets 2019: $169,858Net Assets 2019: $169,8582019Assets 2020: $142,449Net Assets 2020: $142,4492020Assets 2021: $138,283Net Assets 2021: $138,2832021Assets 2022: $135,336Net Assets 2022: $135,3362022Assets 2025: $316,667Net Assets 2025: $316,6672025

Highlighted filing

2017

Assets$77,766
Liabilities$0
Net Assets$77,766
Open 2017 Filing

Operations Trend

Revenue Growth58th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2016: $47,214Expenses 2016: $56,361Net Income 2016: -$9,1472016Revenue 2017: $50,209Expenses 2017: $56,476Net Income 2017: -$6,2672017Revenue 2018: $48,372Expenses 2018: $60,910Net Income 2018: -$12,5382018Revenue 2019: $162,030Expenses 2019: $57,400Net Income 2019: $104,6302019Revenue 2020: $47,246Expenses 2020: $74,655Net Income 2020: -$27,4092020Revenue 2021: $47,201Expenses 2021: $51,367Net Income 2021: -$4,1662021Revenue 2022: $48,900Expenses 2022: $51,847Net Income 2022: -$2,9472022Revenue 2025: $123,262Expenses 2025: $95,667Net Income 2025: $27,5952025

Highlighted filing

2017

Revenue$50,209
Expenses$56,476
Net Income-$6,267
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 8, 2018
Return Version
2017v2.2
Gross Receipts
$50,209
Mission and Program Overview

Mission

Providing affordable housing for working families and seniors.

To develop and preserve affordable multifamily housing for working families and seniors. To promote safe and respectable housing for our residents by partnering with developers and property owners to operate affordable housing projects.

Program Services

DescriptionGrantsExpenses
PROVIDING AFFORDABLE HOUSING FOR WORKING FAMILIES AND SENIORS.$0$56,476
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS CALDWELLPresident-$18,000-$18,000
VAHE JORDANSecretary-$15,000-$15,000
IRA SMITHCFO-$15,000-$15,000
Filing and Contact Details

Filer

Filer Name
Affordable Rent Project Inc
EIN
46-1538325
Phone
8189922921
Address
21900 BURBANK BLVD NO 300, WOODLAND HILLS, CA 91367

Signing Officer

Name
Thomas Caldwell
Title
President
Phone
8189922921
Signed
2018-03-08
Discuss with paid preparer
Yes

Preparer

Firm
Ats Accounting Group Inc
Address
6355 TOPANGA CANYON BLVD SUITE 225, WOODLAND HILLS, CA 91367
Preparer
Tadeh Avanessians
Phone
8187041040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 21.”

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: management fee. Amount: 50,188.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: . Grantee name: claris health. Grantee address: 11500 w olympic blvd #560 los angeles, ca 90064. Grantee relationship: none. Date of gift: 11/27/17. Amount given: 4,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: accounting. Amount: 1,093. Description: business expenses. Amount: 499. Description: insurance. Amount: 1,833. Description: postage. Amount: 104. Description: promotion. Amount: 197. Total to form 990-ez, line 16: 3,726.”

Raw XML Appendix171 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THOMAS CALDWELL
IRS990EZ/BooksInCareOfDetail/PhoneNum08189922921
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt021900 BURBANK BLVD THIRD FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WOODLAND HILLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091367
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt084033
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt077766
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6267
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0750
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt084033
IRS990EZ/Form990TotalAssetsGrp/EOYAmt077766
IRS990EZ/GrantsAndSimilarAmountsPaidAmt04000
IRS990EZ/GrossReceiptsAmt050209
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt021
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt084033
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077766
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt084033
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077766
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt015000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt118000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt215000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0VAHE JORDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS CALDWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2IRA SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03726
IRS990EZ/OtherRevenueTotalAmt050188
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO DEVELOP AND PRESERVE AFFORDABLE MULTIFAMILY HOUSING FOR WORKING FAMILIES AND SENIORS. TO PROMOTE SAFE AND RESPECTABLE HOUSING FOR OUR RESIDENTS BY PARTNERING WITH DEVELOPERS AND PROPERTY OWNERS TO OPERATE AFFORDABLE HOUSING PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING AFFORDABLE HOUSING FOR WORKING FAMILIES AND SENIORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056476
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt048000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt056476
IRS990EZ/TotalProgramServiceExpensesAmt056476
IRS990EZ/TotalRevenueAmt050209
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.AFFORDABLERENTPROJECT.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt050000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt072
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt050188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt047188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt092184
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt057847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt020660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0268067
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt072
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt0318067
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt050188
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt047188
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt092184
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt057847
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt070660
IRS990ScheduleA/Total509Grp/TotalAmt0318067
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt050209
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt047214
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt092196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt057857
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt070663
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0318139
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 21.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MANAGEMENT FEE. AMOUNT: 50,188.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: CLARIS HEALTH. GRANTEE ADDRESS: 11500 W OLYMPIC BLVD #560 LOS ANGELES, CA 90064. GRANTEE RELATIONSHIP: NONE. DATE OF GIFT: 11/27/17. AMOUNT GIVEN: 4,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTING. AMOUNT: 1,093. DESCRIPTION: BUSINESS EXPENSES. AMOUNT: 499. DESCRIPTION: INSURANCE. AMOUNT: 1,833. DESCRIPTION: POSTAGE. AMOUNT: 104. DESCRIPTION: PROMOTION. AMOUNT: 197. TOTAL TO FORM 990-EZ, LINE 16: 3,726.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS CALDWELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08189922921
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AFFORDABLE RENT PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0AFFO
ReturnHeader/Filer/EIN0461538325
ReturnHeader/Filer/PhoneNum08189922921
ReturnHeader/Filer/USAddress/AddressLine1Txt021900 BURBANK BLVD NO 300
ReturnHeader/Filer/USAddress/CityNm0WOODLAND HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091367
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId086421E7E8F71C38EEC2E8BAE098CFD14F4AF9C5F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0776CCBA635491B9AAEEC64628DCDAB2B82D27126
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt076.81.5.46
ReturnHeader/FilingSecurityInformation/IPDt02018-03-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm013:49:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822021615
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ATS ACCOUNTING GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06355 TOPANGA CANYON BLVD SUITE 225
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WOODLAND HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091367
ReturnHeader/PreparerPersonGrp/PhoneNum08187041040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TADEH AVANESSIANS
ReturnHeader/ReturnTs02018-03-29T21:34:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,766
Liabilities
$0
Net assets
$77,766
Revenue
$50,209
Expenses
$56,476
Net income
-$6,267
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.17$3.17$1.23$0.96$0.28
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$1.35$0.49$0.52$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.38$1.38$0.47$0.51$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$1.42$0.47$0.75$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.70$1.70$1.62$0.57$1.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.65$0.48$0.61$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.50$0.56$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.47$0.56$0.09