Civic Intelligence

La Riviera Inc.

990 • Fiscal year 2016 • EIN 68-0385944

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 10, 2017

5030 Business Center DriveFairfield, CA 94534

(707) 759-6043

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

6th percentile

0.00x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

483%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $2,436,367 (-100%) from 2015

Net Assets

Up

$0

Up $1,271,612 (+100%) from 2015

Liabilities

Down

$0

Down $3,707,979 (-100%) from 2015

Revenue

Up

$5,365,315

Up $4,444,703 (+483%) from 2015

Expenses

Down

$794,482

Down $179,363 (-18%) from 2015

Net Income

Up

$4,570,833

Up $4,624,066 (+8686%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2011: $2,853,481Liabilities 2011: $3,811,739Net Assets 2011: -$958,2582011Assets 2012: $2,733,471Liabilities 2012: $3,781,248Net Assets 2012: -$1,047,7772012Assets 2013: $2,689,151Liabilities 2013: $3,758,888Net Assets 2013: -$1,069,7372013Assets 2014: $2,644,544Liabilities 2014: $3,728,340Net Assets 2014: -$1,083,7962014Assets 2015: $2,436,367Liabilities 2015: $3,707,979Net Assets 2015: -$1,271,6122015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1Liabilities 2017: $02017Assets 2018: $1Liabilities 2018: $02018Assets 2019: $0Liabilities 2019: $02019Assets 2021: $3,049,871Liabilities 2021: $2,970,041Net Assets 2021: $79,8302021Assets 2022: $2,885,819Liabilities 2022: $2,995,041Net Assets 2022: -$109,2222022Assets 2023: $1,968,155Liabilities 2023: $2,995,041Net Assets 2023: -$1,026,8862023Assets 2024: -$3,346,638Liabilities 2024: $283,611Net Assets 2024: -$3,630,2492024

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $870,987Expenses 2011: $879,620Net Income 2011: -$8,6332011Revenue 2012: $869,508Expenses 2012: $956,993Net Income 2012: -$87,4852012Expenses 2013: $845,9712013Revenue 2014: $895,019Expenses 2014: $892,585Net Income 2014: $2,4342014Revenue 2015: $920,612Expenses 2015: $973,845Net Income 2015: -$53,2332015Revenue 2016: $5,365,315Expenses 2016: $794,482Net Income 2016: $4,570,8332016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2021: $80,830Expenses 2021: $1,000Net Income 2021: $79,8302021Revenue 2022: -$179,795Expenses 2022: $9,257Net Income 2022: -$189,0522022Revenue 2023: -$907,521Expenses 2023: $10,143Net Income 2023: -$917,6642023Revenue 2024: -$1,984,479Expenses 2024: $16,061Net Income 2024: -$2,000,5402024

Highlighted filing

2016

Revenue$5,365,315
Expenses$794,482
Net Income$4,570,833
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 10, 2017
Return Version
2015v3.0
Gross Receipts
$8,094,956
Mission and Program Overview

Mission

La riviera's programs focus on increasing the available supply of affordable housing for low income families through affordable housing development, property management, resident services and advocacy.

Provides affordable housing for low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,119,961$0▼ $2,119,961
Intangible Assets$156,433$0▼ $156,433
Savings and Temporary Cash Investments$143,293$0▼ $143,293
Prepaid Expenses and Deferred Charges$12,482$0▼ $12,482
Accounts Receivable$4,198$0▼ $4,198
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Rtn Earn Endowment Incm Other Fnds$-1,271,612--
Total Assets$2,436,367$0▼ $2,436,367
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,627,341--
Other Liabilities$66,123--
Accounts Payable and Accrued Expenses$14,515--
Total Liabilities$3,707,979$0▼ $3,707,979
Net Assets / Fund Balance
Total Net Assets Fund Balance$-1,271,612$0▲ $1,271,612
Total Liabilities and Net Assets / Fund Balance$2,436,367$0▼ $2,436,367
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$794,930
Investment Income
$4,570,385
Other Revenue
$0
Change in Net Assets
$4,570,833
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$711,779
Salaries, Compensation, and Employee Benefits$82,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$190,092--$190,092
Other Salaries and Wages$77,881--$77,881
Depreciation Depletion$62,973--$62,973
All Other Expenses$61,287--$61,287
Fees for Services Management-$38,051-$38,051
Fees for Services Legal$37,051--$37,051
Insurance$36,146--$36,146
Other Expenses$21,266--$21,266
Fees for Services Accounting$10,250--$10,250
Occupancy$8,967--$8,967
Payroll Taxes$4,822--$4,822
Advertising$3,616--$3,616
Office Expenses$2,264--$2,264
Total Functional Expenses$756,431$38,051$0$794,482
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The chief financial officer reviews form 990 before it is filed with the irs.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

A list is maintained of screened clients that is circulated to employees and board members on an annual basis to determine whether there are conflicts of interest.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy, and financial statements are available to the public by request.

Filing and Contact Details

Filer

Filer Name
La Riviera Inc
EIN
68-0385944
Phone
7077596043
Address
5030 BUSINESS CENTER DRIVE, FAIRFIELD, CA 94534

Signing Officer

Name
Peter Lundberg
Title
CFO
Signed
2017-02-10
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
McDougal & Co Inc
Address
2500 Venture Oaks Way 380, Sacramento, CA 95833
Preparer
Karen Mcdougal
Phone
9169249911
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

ENTRY = $0

Other Changes In Net Assets Or Fund Balances - Other Decreases

Net book/tax adjustments = -$0

Other Changes In Net Assets Or Fund Balances - Other Increases

Net book/tax adjustments = $11842

Other Changes In Net Assets Or Fund Balances - Other Decreases

Prior period adj. = -$2511

Other Changes In Net Assets Or Fund Balances - Other Decreases

Return of capital = -$3308552

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IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0878988
IRS990/PYProgramServiceRevenueAmt0920558
IRS990/PYRevenuesLessExpensesAmt0-53233
IRS990/PYSalariesCompEmpBnftPaidAmt094857
IRS990/PYTotalExpensesAmt0973845
IRS990/PYTotalRevenueAmt0920612
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt04570833
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0794930
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-1271612
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0143293
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt054
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt085
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0151
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0392
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0794930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0920558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0894943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0860766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0869357
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04340554
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt085
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0392
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt04340554
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0794930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0920558
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0894943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0860766
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0869357
IRS990ScheduleA/Total509Grp/TotalAmt04340554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0794956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0920612
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0895019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0860851
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0869508
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04340946
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0APARTMENT BUILDING SOLD
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0COMMUNITY HOUSING OPPORTUNITIES
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02016-06-30
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0680038964
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt07300000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt05030 BUSINESS CENTER DRIVE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0FAIRFIELD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd094534
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHIEF FINANCIAL OFFICER REVIEWS FORM 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A LIST IS MAINTAINED OF SCREENED CLIENTS THAT IS CIRCULATED TO EMPLOYEES AND BOARD MEMBERS ON AN ANNUAL BASIS TO DETERMINE WHETHER THERE ARE CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ENTRY = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NET BOOK/TAX ADJUSTMENTS = -$0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NET BOOK/TAX ADJUSTMENTS = $11842
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJ. = -$2511
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RETURN OF CAPITAL = -$3308552
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0680297890
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1455609848
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROPERTY MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1MTNCE SERVICES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0STERLING ASSET MANAGEMENT COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1CHOC MAINTENANCE SERVICESINC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt05030 BUSINESS CENTER DRIVE STE 260
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt15030 BUSINESS CENTER DRIVE STE 260

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