Civic Intelligence

Surf Development Company Inc.

990 • Fiscal year 2019 • EIN 77-0201747

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 08, 2019

Organization ProfileN/A

View Organization Page

PO Box 2146Lompoc, CA 93438

(805) 736-3423

Siviq Scores

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

Liabilities / Assets

71st percentile

0.40x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

3.20x

Higher debt load relative to revenue than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

21st percentile

-8.5%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

35th percentile

-0.3%

Faster asset growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-7.6%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$6,201,057

Down $18,658 (-0.3%) from 2018

Net Assets

Down

$3,742,007

Down $64,997 (-1.7%) from 2018

Liabilities

Up

$2,459,050

Up $46,339 (+1.9%) from 2018

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin21st percentile

Revenue

Down

$767,790

Down $63,568 (-7.6%) from 2018

Expenses

Up

$832,787

Up $189,189 (+29%) from 2018

Net Income

Down

-$64,997

Down $252,757 (-135%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$15M$10M$5.0M$0Assets 2011: $3,095,461Liabilities 2011: $1,792,942Net Assets 2011: $1,302,5192011Assets 2012: $4,113,876Liabilities 2012: $2,306,745Net Assets 2012: $1,807,1312012Assets 2013: $4,926,522Liabilities 2013: $2,877,745Net Assets 2013: $2,048,7772013Assets 2014: $5,492,134Liabilities 2014: $3,178,825Net Assets 2014: $2,313,3092014Assets 2015: $5,306,608Liabilities 2015: $2,722,592Net Assets 2015: $2,584,0162015Assets 2016: $5,450,157Liabilities 2016: $2,067,597Net Assets 2016: $3,382,5602016Assets 2017: $6,304,874Liabilities 2017: $2,685,630Net Assets 2017: $3,619,2442017Assets 2018: $6,219,715Liabilities 2018: $2,412,711Net Assets 2018: $3,807,0042018Assets 2019: $6,201,057Liabilities 2019: $2,459,050Net Assets 2019: $3,742,0072019Assets 2020: $6,671,409Liabilities 2020: $3,038,667Net Assets 2020: $3,632,7422020Assets 2021: $6,643,555Liabilities 2021: $2,919,402Net Assets 2021: $3,724,1532021Assets 2022: $7,543,447Liabilities 2022: $4,143,033Net Assets 2022: $3,400,4142022Assets 2023: $9,092,440Liabilities 2023: $4,797,803Net Assets 2023: $4,294,6372023Assets 2024: $10,961,430Liabilities 2024: $6,016,900Net Assets 2024: $4,944,5302024

Highlighted filing

2019

Assets$6,201,057
Liabilities$2,459,050
Net Assets$3,742,007
Open 2019 Filing

Operations Trend

Revenue Growth24th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $243,527Expenses 2011: $262,738Net Income 2011: -$19,2112011Revenue 2012: $778,728Expenses 2012: $274,116Net Income 2012: $504,6122012Revenue 2013: $593,017Expenses 2013: $351,371Net Income 2013: $241,6462013Revenue 2014: $597,017Expenses 2014: $332,485Net Income 2014: $264,5322014Revenue 2015: $631,803Expenses 2015: $361,096Net Income 2015: $270,7072015Revenue 2016: $1,135,686Expenses 2016: $337,142Net Income 2016: $798,5442016Revenue 2017: $756,625Expenses 2017: $530,066Net Income 2017: $226,5592017Revenue 2018: $831,358Expenses 2018: $643,598Net Income 2018: $187,7602018Revenue 2019: $767,790Expenses 2019: $832,787Net Income 2019: -$64,9972019Revenue 2020: $913,568Expenses 2020: $1,022,833Net Income 2020: -$109,2652020Revenue 2021: $1,478,920Expenses 2021: $1,387,509Net Income 2021: $91,4112021Revenue 2022: $1,068,431Expenses 2022: $1,392,170Net Income 2022: -$323,7392022Revenue 2023: $2,532,281Expenses 2023: $1,638,058Net Income 2023: $894,2232023Revenue 2024: $2,535,448Expenses 2024: $1,885,555Net Income 2024: $649,8932024

Highlighted filing

2019

Revenue$767,790
Expenses$832,787
Net Income-$64,997
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$767,790
Mission and Program Overview

Mission

Provide housing for low income, individuals, families, elderly, and disable persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,858,899$3,429,192▲ $570,293
Other Notes and Loans Receivable, Net$1,147,035$2,198,295▲ $1,051,260
Cash and Non-Interest-Bearing Accounts$2,178,095$458,292▼ $1,719,803
Pledges and Grants Receivable$12,529$39,000▲ $26,471
Prepaid Expenses and Deferred Charges$9,862$19,221▲ $9,359
Intangible Assets$12,594$6,772▼ $5,822
Accounts Receivable$349$861▲ $512
Savings and Temporary Cash Investments-$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-
Total Assets$6,219,715$6,201,057▼ $18,658
Other Assets Total$352$49,424▲ $49,072
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,410,554$1,540,139▲ $129,585
Deferred Revenue$940,493$846,541▼ $93,952
Accounts Payable and Accrued Expenses$41,191$51,896▲ $10,705
Other Liabilities$20,473$20,474▲ $1
Total Liabilities$2,412,711$2,459,050▲ $46,339
Net Assets / Fund Balance
Unrestricted Net Assets$2,857,004$2,792,007▼ $64,997
Temporarily Rstr Net Assets$950,000$950,000→ $0
Total Net Assets Fund Balance$3,807,004$3,742,007▼ $64,997
Total Liabilities and Net Assets / Fund Balance$6,219,715$6,201,057▼ $18,658

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,724,596$1,096,208$2,820,804
Land$1,432,804-$1,432,804
Other Land Buildings$223,406$30,284$253,690
Equipment$37,913$10,487$48,400
Leasehold Improvements$10,473$5,955$16,428
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Raymond F DownPresident
Jack BoysenVice President
Mark PaulVice President
Bob JurgensenDirector
Glenn BachellerDirector
Larry HobbisiefkenDirector
Terri ZunigaDirector
Irene MeltonCFO
Robert P Havlicek JrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$54,000
Program Service Revenue
$691,520
Investment Income
$22,270
Other Revenue
$0
All Other Contributions
$54,000
Change in Net Assets
$-64,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$820,787
Grants and Similar Amounts Paid$12,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$109,780$9,680-$119,460
Fees for Services Management$15,486$90,000-$105,486
Interest$63,620--$63,620
All Other Expenses$23,337$427-$23,764
Insurance$7,858$12,700-$20,558
Other Expenses$20,215$39,391-$20,215
Fees for Services Accounting$7,500$6,600-$14,100
Fees for Services Legal$9,752$2,647-$12,399
Grants to Domestic Orgs$12,000--$12,000
Total Functional Expenses$452,770$380,017$0$832,787
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenants' Security Deposits$20,473
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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

“A draft copy of the tax return was reviewed by the cfo, discussed with the board of directors, and appropriate changes made. The final tax return was then prepared and approved for filing.”

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

“Officers and directors are required to disclose any interest that could give rise to conflicts as described by our conflict of interest policy. At least annually, the board and officers discuss any potential conflicts of interest and record in the minutes of the board meeting. To date, there have been no conflicts of interest to note.”

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

“Any member of the public who would like to obtain surf development company's governing documents, conflict of interest policy, and financial statements may request them in writing.”

Filing and Contact Details

Filer

Filer Name
Surf Development Company Inc
EIN
77-0201747
Phone
8057363423
Address
PO BOX 2146, LOMPOC, CA 93438

Signing Officer

Name
Irene Melton
Title
CFO
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Irene Melton
Formed
1988
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
5

Preparer

Firm
Grigg Bratton & Brash PC
Address
4487 N Dresden Pl Ste 101, Boise, ID 83714
Preparer
Duane Brash
Phone
2083756490
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IRS990/NetAssetsOrFundBalancesEOYAmt03742007
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0352
IRS990/OtherAssetsTotalGrp/EOYAmt049424
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSE
IRS990/OtherExpensesGrp/Desc1Other - Non-Operating
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0218572
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt139391
IRS990/OtherExpensesGrp/ProgramServicesAmt0153716
IRS990/OtherExpensesGrp/ProgramServicesAmt1174
IRS990/OtherExpensesGrp/ProgramServicesAmt229332
IRS990/OtherExpensesGrp/ProgramServicesAmt320215
IRS990/OtherExpensesGrp/TotalAmt0372288
IRS990/OtherExpensesGrp/TotalAmt139565
IRS990/OtherExpensesGrp/TotalAmt229332
IRS990/OtherExpensesGrp/TotalAmt320215
IRS990/OtherLiabilitiesGrp/BOYAmt020473
IRS990/OtherLiabilitiesGrp/EOYAmt020474
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01147035
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02198295
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt012529
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt039000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09862
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019221
IRS990/PrincipalOfficerNm0Irene Melton
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc1MISC. INCOME
IRS990/ProgramServiceRevenueGrp/Desc2OVERSIGHT FEES
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0300077
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12452
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt230000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3358991
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0300077
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12452
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt230000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3358991
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0152960
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt04021
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0638598
IRS990/PYProgramServiceRevenueAmt0674377
IRS990/PYRevenuesLessExpensesAmt0187760
IRS990/PYTotalExpensesAmt0643598
IRS990/PYTotalRevenueAmt0831358
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-64997
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt054000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0152960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0164580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt030835
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0409875
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01303
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01303
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01303
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01303
IRS990ScheduleA/InvestmentIncomeCYPct00.00320
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99680
IRS990ScheduleA/PublicSupportTotal509Amt0409875
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt054000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0152960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0164580
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt030835
IRS990ScheduleA/Total509Grp/TotalAmt0409875
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt054000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0152960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0165883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt030835
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0411178
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01724596
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01096208
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02820804
IRS990ScheduleD/EquipmentGrp/BookValueAmt037913
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010487
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048400
IRS990ScheduleD/LandGrp/BookValueAmt01432804
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01432804
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010473
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05955
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016428
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0223406
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt030284
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0253690
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenants' Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03429192
IRS990ScheduleD/TotalLiabilityAmt020474
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE TAX RETURN WAS REVIEWED BY THE CFO, DISCUSSED WITH THE BOARD OF DIRECTORS, AND APPROPRIATE CHANGES MADE. THE FINAL TAX RETURN WAS THEN PREPARED AND APPROVED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS AS DESCRIBED BY OUR CONFLICT OF INTEREST POLICY. AT LEAST ANNUALLY, THE BOARD AND OFFICERS DISCUSS ANY POTENTIAL CONFLICTS OF INTEREST AND RECORD IN THE MINUTES OF THE BOARD MEETING. TO DATE, THERE HAVE BEEN NO CONFLICTS OF INTEREST TO NOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY MEMBER OF THE PUBLIC WHO WOULD LIKE TO OBTAIN SURF DEVELOPMENT COMPANY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY REQUEST THEM IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,201,057
Liabilities
$2,459,050
Net assets
$3,742,007
Revenue
$767,790
Expenses
$832,787
Net income
-$64,997
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.0$6.02$4.94$2.54$1.89$0.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.09$4.80$4.29$2.53$1.64$0.89
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.54$4.14$3.40$1.07$1.39$0.32
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.64$2.92$3.72$1.48$1.39$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.67$3.04$3.63$0.91$1.02$0.11
2019Detailed filing. Detailed filing data is available for this year.$6.20$2.46$3.74$0.77$0.83$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.22$2.41$3.81$0.83$0.64$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.30$2.69$3.62$0.76$0.53$0.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.45$2.07$3.38$1.14$0.34$0.80
2015Detailed filing. Detailed filing data is available for this year.$5.31$2.72$2.58$0.63$0.36$0.27
2014Detailed filing. Detailed filing data is available for this year.$5.49$3.18$2.31$0.60$0.33$0.26
2013Summary only. Only limited summary data is available for this year.$4.93$2.88$2.05$0.59$0.35$0.24
2012Summary only. Only limited summary data is available for this year.$4.11$2.31$1.81$0.78$0.27$0.50
2011Summary only. Only limited summary data is available for this year.$3.10$1.79$1.30$0.24$0.26$0.02