Civic Intelligence

San Geronimo Valley Affordable Housing Association

990 • Fiscal year 2015 • EIN 68-0004389

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 25, 2016

PO Box 152Woodacre, CA 94973

(415) 488-4890

Siviq Scores

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

Liabilities / Assets

90th percentile

0.96x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

11.05x

Higher debt load relative to revenue than 98% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

88th percentile

37%

Higher net margin than 88% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

99th percentile

703%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

97th percentile

238%

Faster revenue growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,215,118

Up $1,939,322 (+703%) from 2014

Net Assets

$83,564

No earlier filing loaded for comparison.

Liabilities

Up

$2,131,554

Up $1,873,758 (+727%) from 2014

Revenue

Up

$192,935

Up $135,789 (+238%) from 2014

Expenses

Up

$122,399

Up $56,723 (+86%) from 2014

Net Income

Up

$70,536

Up $79,066 (+927%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $303,575Liabilities 2012: $264,0702012Assets 2013: $287,148Liabilities 2013: $260,6182013Assets 2014: $275,796Liabilities 2014: $257,7962014Assets 2015: $2,215,118Liabilities 2015: $2,131,554Net Assets 2015: $83,5642015Assets 2016: $2,549,037Liabilities 2016: $2,435,738Net Assets 2016: $113,2992016Assets 2017: $2,584,515Liabilities 2017: $2,486,091Net Assets 2017: $98,4242017Assets 2018: $2,539,835Liabilities 2018: $2,367,157Net Assets 2018: $172,6782018Assets 2019: $2,557,744Liabilities 2019: $2,337,171Net Assets 2019: $220,5732019Assets 2020: $2,539,107Liabilities 2020: $2,296,215Net Assets 2020: $242,8922020Assets 2021: $2,565,139Liabilities 2021: $2,268,784Net Assets 2021: $296,3552021Assets 2022: $2,488,906Liabilities 2022: $2,241,859Net Assets 2022: $247,0472022Assets 2023: $3,250,950Liabilities 2023: $3,059,484Net Assets 2023: $191,4662023Assets 2024: $3,049,782Liabilities 2024: $2,983,699Net Assets 2024: $66,0832024

Highlighted filing

2015

Assets$2,215,118
Liabilities$2,131,554
Net Assets$83,564

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $41,400Expenses 2012: $52,996Net Income 2012: -$11,5962012Revenue 2013: $41,400Expenses 2013: $54,375Net Income 2013: -$12,9752013Revenue 2014: $57,146Expenses 2014: $65,676Net Income 2014: -$8,5302014Revenue 2015: $192,935Expenses 2015: $122,399Net Income 2015: $70,5362015Revenue 2016: $199,646Expenses 2016: $169,911Net Income 2016: $29,7352016Revenue 2017: $224,845Expenses 2017: $239,720Net Income 2017: -$14,8752017Revenue 2018: $301,233Expenses 2018: $254,629Net Income 2018: $46,6042018Revenue 2019: $358,709Expenses 2019: $310,814Net Income 2019: $47,8952019Revenue 2020: $276,740Expenses 2020: $250,221Net Income 2020: $26,5192020Revenue 2021: $315,173Expenses 2021: $261,710Net Income 2021: $53,4632021Revenue 2022: $293,697Expenses 2022: $341,505Net Income 2022: -$47,8082022Revenue 2023: $385,800Expenses 2023: $441,381Net Income 2023: -$55,5812023Revenue 2024: $310,966Expenses 2024: $436,353Net Income 2024: -$125,3872024

Highlighted filing

2015

Revenue$192,935
Expenses$122,399
Net Income$70,536
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 25, 2016
Return Version
2015v2.1
Gross Receipts
$192,935
Mission and Program Overview

Mission

The mission of the san geronimo valley affordable housing association is to create, preserve and manage affordable housing in the san geronimo valley and beyond.

The mission of the san geronimo valley affordable housing association is to create, preserve and manage affordable housing in the san geronimo valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$260,526$1,655,165▲ $1,394,639
Prepaid Expenses and Deferred Charges-$535,040-
Cash and Non-Interest-Bearing Accounts$15,020$20,826▲ $5,806
Accounts Receivable-$4,087-
Total Assets$275,796$2,215,118▲ $1,939,322
Other Assets Total$250--
Liabilities
Other Liabilities$257,796$2,131,548▲ $1,873,752
Accounts Payable and Accrued Expenses-$6-
Total Liabilities$257,796$2,131,554▲ $1,873,758
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$79,842-
Unrestricted Net Assets$18,000$3,722▼ $14,278
Total Net Assets Fund Balance$18,000$83,564▲ $65,564
Total Liabilities and Net Assets / Fund Balance$275,796$2,215,118▲ $1,939,322

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,445,000-$1,445,000
Buildings$210,165$150,586$360,751
Compensation and Service Providers

Board Members and Trustees

NameTitle
Suzanne SadowskyChair
Bill BlantonVice Chair
Howie CortDirector
Joe DowneyDirector
Joe WalshDirector
Laura ShermanDirector
Maya GladsternDirector
Kit KraussSecretary
Dahlia KamesarTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,100
Program Service Revenue
$187,835
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,100
Change in Net Assets
$70,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,230
Salaries, Compensation, and Employee Benefits$18,169
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$20,327--$20,327
Other Salaries and Wages$16,319--$16,319
Insurance$8,819$1,484-$10,303
Depreciation Depletion$10,124--$10,124
All Other Expenses$8,847--$8,847
Fees for Services Legal$6,713--$6,713
Other Expenses$3,823--$3,823
Interest$3,460--$3,460
Payroll Taxes$1,850--$1,850
Office Expenses$569--$569
Total Functional Expenses$120,915$1,484$0$122,399
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
Mortgage Payable$1,255,500
Mortgage Payable$617,198
Loan Payable - Marin County$205,000
Mortgage Payable - Sage Lane$50,065
Tenant Deposits$3,785
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
San Geronimo Valley Affordable
EIN
68-0004389
Phone
4154884890
Address
PO BOX 152, WOODACRE, CA 94973

Signing Officer

Name
Suzanne Sadowsky
Title
Chair
Phone
4154884890
Signed
2016-04-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suzanne Sadowsky
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
3

Preparer

Firm
Ruth L Zamist CPA
Address
2337 FIFTH AVENUE, SAN RAFAEL, CA 94901-1003
Preparer
Ruth L Zamist
Phone
4154591077
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

20,327 0 0

Form 990, Part XI, Line 9

Deposits from tenants -3,295 correcting prior errors -1,677 total -4,972

Raw XML Appendix366 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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IRS990ScheduleD/LandGrp/BookValueAmt01445000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01445000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01255500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1617198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2205000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt350065
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt43785
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0MORTGAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MORTGAGE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOAN PAYABLE - MARIN COUNTY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3MORTGAGE PAYABLE - SAGE LANE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4TENANT DEPOSITS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01655165
IRS990ScheduleD/TotalLiabilityAmt02131548
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt220,327 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEPOSITS FROM TENANTS -3,295 CORRECTING PRIOR ERRORS -1,677 TOTAL -4,972
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt079842
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0275796
IRS990/TotalAssetsEOYAmt02215118
IRS990/TotalAssetsGrp/BOYAmt0275796
IRS990/TotalAssetsGrp/EOYAmt02215118
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt05100
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01484
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0120915
IRS990/TotalFunctionalExpensesGrp/TotalAmt0122399
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0257796
IRS990/TotalLiabilitiesEOYAmt02131554
IRS990/TotalLiabilitiesGrp/BOYAmt0257796
IRS990/TotalLiabilitiesGrp/EOYAmt02131554
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt018000
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt083564
IRS990/TotalProgramServiceExpensesAmt0120915
IRS990/TotalProgramServiceRevenueAmt0187835
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0187835
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0192935
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0275796
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02215118
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt018000
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03722
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUZANNE SADOWSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum04154884890
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAN GERONIMO VALLEY AFFORDABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOUSING ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0SANG
ReturnHeader/Filer/EIN0680004389
ReturnHeader/Filer/PhoneNum04154884890
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 152
ReturnHeader/Filer/USAddress/CityNm0WOODACRE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094973
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUTH L ZAMIST CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02337 FIFTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN RAFAEL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0949011003
ReturnHeader/PreparerPersonGrp/PhoneNum04154591077
ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUTH L ZAMIST
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-04T10:28:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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