Civic Intelligence

Casa Linda Inc

EIN 77-0263695 • 501(c)3 • Santa Cruz, CA

Profile

To provide low-income housing.

380 Encinal Street 200Santa Cruz, CA 95060

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.06x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.28x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

20th percentile

-12%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

31st percentile

-2.1%

Faster asset growth than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

0.5%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,381,304

Up $79,352 (+6.1%) from 2023

Liabilities

Up

$221,687

Up $148,796 (+204%) from 2023

Net Assets

Down

$1,159,617

Down $69,444 (-5.7%) from 2023

Revenue

Up

$272,116

Up $9,669 (+3.7%) from 2023

Expenses

Up

$341,560

Up $47,927 (+16%) from 2023

Net Income

Down

-$69,444

Down $38,258 (-123%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $1,763,359Liabilities 2012: $64,117Net Assets 2012: $1,699,2422012Assets 2013: $1,709,979Liabilities 2013: $56,288Net Assets 2013: $1,653,6912013Assets 2014: $1,673,442Liabilities 2014: $57,693Net Assets 2014: $1,615,7492014Assets 2015: $1,656,360Liabilities 2015: $56,196Net Assets 2015: $1,600,1642015Assets 2016: $1,565,382Liabilities 2016: $62,138Net Assets 2016: $1,503,2442016Assets 2017: $1,530,387Liabilities 2017: $56,965Net Assets 2017: $1,473,4222017Assets 2018: $1,495,968Liabilities 2018: $68,348Net Assets 2018: $1,427,6202018Assets 2019: $1,461,518Liabilities 2019: $71,133Net Assets 2019: $1,390,3852019Assets 2020: $1,380,812Liabilities 2020: $65,647Net Assets 2020: $1,315,1652020Assets 2021: $1,368,477Liabilities 2021: $85,435Net Assets 2021: $1,283,0422021Assets 2022: $1,330,396Liabilities 2022: $70,149Net Assets 2022: $1,260,2472022Assets 2023: $1,301,952Liabilities 2023: $72,891Net Assets 2023: $1,229,0612023Assets 2024: $1,381,304Liabilities 2024: $221,687Net Assets 2024: $1,159,6172024

Highlighted filing

2024

Assets$1,381,304
Liabilities$221,687
Net Assets$1,159,617

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2012: $177,699Expenses 2012: $268,238Net Income 2012: -$90,5392012Revenue 2013: $188,226Expenses 2013: $233,777Net Income 2013: -$45,5512013Revenue 2014: $197,937Expenses 2014: $235,879Net Income 2014: -$37,9422014Revenue 2015: $206,631Expenses 2015: $222,216Net Income 2015: -$15,5852015Revenue 2016: $213,841Expenses 2016: $310,761Net Income 2016: -$96,9202016Revenue 2017: $222,357Expenses 2017: $252,179Net Income 2017: -$29,8222017Revenue 2018: $226,982Expenses 2018: $272,784Net Income 2018: -$45,8022018Revenue 2019: $230,623Expenses 2019: $267,858Net Income 2019: -$37,2352019Revenue 2020: $234,886Expenses 2020: $310,106Net Income 2020: -$75,2202020Revenue 2021: $247,486Expenses 2021: $279,609Net Income 2021: -$32,1232021Revenue 2022: $261,123Expenses 2022: $283,918Net Income 2022: -$22,7952022Revenue 2023: $262,447Expenses 2023: $293,633Net Income 2023: -$31,1862023Revenue 2024: $272,116Expenses 2024: $341,560Net Income 2024: -$69,4442024

Highlighted filing

2024

Revenue$272,116
Expenses$341,560
Net Income-$69,444

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 14, 2025
Return Version
2023v6.0
Gross Receipts
$272,116
Mission and Program Overview

Mission

To provide low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$870,793$929,631▲ $58,838
Savings and Temporary Cash Investments$422,221$441,934▲ $19,713
Pledges and Grants Receivable-$1,060-
Accounts Receivable$1,818$93▼ $1,725
Total Assets$1,301,952$1,381,304▲ $79,352
Other Assets Total$7,120$8,586▲ $1,466
Liabilities
Accounts Payable and Accrued Expenses$24,992$172,283▲ $147,291
Mortgage Notes Payable Secured by Investment Property$40,940$40,940→ $0
Other Liabilities$6,959$8,464▲ $1,505
Total Liabilities$72,891$221,687▲ $148,796
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,999,100$1,999,100→ $0
Net Assets Without Donor Restrictions$-770,039$-839,483▼ $69,444
Total Net Assets Fund Balance$1,229,061$1,159,617▼ $69,444
Total Liabilities and Net Assets / Fund Balance$1,301,952$1,381,304▲ $79,352

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$141,318$2,281,403$2,422,721
Land$625,000-$625,000
Equipment$163,313-$163,313
Compensation and Service Providers

Board Members and Trustees

NameTitle
Monica MartinezChairperson
Ronnie LipschutzVice Chair
Lori LangonaDirector
Blythe CampbellSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$164,314
Program Service Revenue
$103,888
Investment Income
$274
Other Revenue
$3,640
Change in Net Assets
$-69,444

Audited Revenue Reconciliation

Revenue per Audited Statements
$272,116
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$272,116
Total Revenue per Form 990
$272,116
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,560
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$87,395--$87,395
Occupancy$55,834--$55,834
Fees for Services Other$49,521--$49,521
Office Expenses$18,483--$18,483
Fees for Services Accounting-$17,588-$17,588
Fees for Services Management-$15,120-$15,120
Insurance$7,159--$7,159
Travel$1,956--$1,956
Other Expenses$503--$503
Fees for Services Legal$110--$110
Total Functional Expenses$308,852$32,708$0$341,560

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$341,560
Total Expenses per Audited Statements$341,560
Total Expenses per Form 990$341,560
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Tenant Security Deposits$8,464
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Casa linda paid encompass community services a total of $98,841 for the year ended june 30, 2024 for management services. Encompass community services plans and executes casa linda's financial and exempt operations. Monica martinez is an officer of both encompass community services and casa linda. She is not compensated for her work for casa linda.

Form 990, Part VI, Section A, Line 7A

A minority number of board members shall be elected by the board of trustees of encompass community services.

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

Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's chair and questions are referred to the outside tax professional. After a full review (with modifications where necessary), the final version of the tax return is provided to the board of directors. The return is then finalized and electronically filed with the taxing authorities.

Form 990, Part VI, Section B, Line 12C

The organization requires board members to annually declare potential conflicts of interest. Board members are required to recuse themselves from voting in any matter where a conflict real or perceived may be present.

Form 990, Part VI, Section C, Line 19

Governing documents, conflicts of interest policy and financial statements are available upon written request to the organization's board of directors.

Filing and Contact Details

Filer

Filer Name
Casa Linda Inc
EIN
77-0263695
Phone
8314691700
Address
380 ENCINAL STREET 200, SANTA CRUZ, CA 95060

Signing Officer

Name
Kim Morrison
Title
Chief Financial Officer
Phone
8314691700
Signed
2025-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Morrison
Formed
1991
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Armanino Advisory LLC
Address
2700 CAMINO RAMON STE 350, SAN RAMON, CA 94583-5004
Preparer
Wanwan Zhang
Phone
9257902600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contracts: program service expenses 49,521. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,521.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal income tax under internal revenue code section 501(c)(3) and state income tax under section 23701(d) of the california revenue taxation code. Accordingly, no provision for income taxes has been made in the accompanying statements. Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the organization in its federal and state tax returns are more likely than not to be sustained upon examination. The organization files information returns in the u.s. Federal jurisdiction and state of california. The organization's federal returns for tax years 2020 and beyond remain subject to examination by the internal revenue service. The organization's california returns for tax years 2019 and beyond remain subject to examination by the franchise tax board.

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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0625000
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND STATE INCOME TAX UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE TAXATION CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL RETURNS FOR TAX YEARS 2020 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR TAX YEARS 2019 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0341560
IRS990ScheduleD/TotalLiabilityAmt08464
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASA LINDA PAID ENCOMPASS COMMUNITY SERVICES A TOTAL OF $98,841 FOR THE YEAR ENDED JUNE 30, 2024 FOR MANAGEMENT SERVICES. ENCOMPASS COMMUNITY SERVICES PLANS AND EXECUTES CASA LINDA'S FINANCIAL AND EXEMPT OPERATIONS. MONICA MARTINEZ IS AN OFFICER OF BOTH ENCOMPASS COMMUNITY SERVICES AND CASA LINDA. SHE IS NOT COMPENSATED FOR HER WORK FOR CASA LINDA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A MINORITY NUMBER OF BOARD MEMBERS SHALL BE ELECTED BY THE BOARD OF TRUSTEES OF ENCOMPASS COMMUNITY SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BY THE ORGANIZATION'S CHAIR AND QUESTIONS ARE REFERRED TO THE OUTSIDE TAX PROFESSIONAL. AFTER A FULL REVIEW (WITH MODIFICATIONS WHERE NECESSARY), THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO THE BOARD OF DIRECTORS. THE RETURN IS THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REQUIRES BOARD MEMBERS TO ANNUALLY DECLARE POTENTIAL CONFLICTS OF INTEREST. BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM VOTING IN ANY MATTER WHERE A CONFLICT REAL OR PERCEIVED MAY BE PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACTS: PROGRAM SERVICE EXPENSES 49,521. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,521.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CASA DE EXITO INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2GRACE COMMONS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MONARCH DISABLED HOUSING INC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LOW-INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3LOW-INCOME HOUSING
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3LINE 10
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1380 ENCINAL STREET SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2380 ENCINAL STREET SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3380 ENCINAL STREET SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SANTA CRUZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1SANTA CRUZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2SANTA CRUZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3SANTA CRUZ
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd295060
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00

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