Civic Intelligence

Valentine Court II Inc

EIN 77-0422724 • 501(c)3 • San Luis Obispo, CA

Profile

Provide affordable housing and programs leading to self-sufficiency for low-income families, seniors, and other special needs groups on California's Central Coast.

1060 Kendall RoadSan Luis Obispo, CA 93401

pshhc.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

75th percentile

0.16x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

34th percentile

-2.7%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

78th percentile

40%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Down

$876,188

Down $27,408 (-3.0%) from 2023

Liabilities

Up

$23,370

Up $9,039 (+63%) from 2023

Net Assets

Down

$852,818

Down $36,447 (-4.1%) from 2023

Revenue

Up

$150,317

Up $13,401 (+9.8%) from 2023

Expenses

Up

$186,764

Up $18,768 (+11%) from 2023

Net Income

Down

-$36,447

Down $5,367 (-17%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,263,071Liabilities 2012: $21,201Net Assets 2012: $1,241,8702012Assets 2013: $1,233,453Liabilities 2013: $21,392Net Assets 2013: $1,212,0612013Assets 2014: $1,193,419Liabilities 2014: $19,784Net Assets 2014: $1,173,6352014Assets 2015: $1,163,115Liabilities 2015: $20,977Net Assets 2015: $1,142,1382015Assets 2016: $1,133,996Liabilities 2016: $18,660Net Assets 2016: $1,115,3362016Assets 2017: $1,102,558Liabilities 2017: $15,600Net Assets 2017: $1,086,9582017Assets 2018: $1,059,290Liabilities 2018: $18,002Net Assets 2018: $1,041,2882018Assets 2019: $1,026,376Liabilities 2019: $15,786Net Assets 2019: $1,010,5902019Assets 2020: $1,006,713Liabilities 2020: $16,543Net Assets 2020: $990,1702020Assets 2021: $983,224Liabilities 2021: $10,256Net Assets 2021: $972,9682021Assets 2022: $960,669Liabilities 2022: $40,324Net Assets 2022: $920,3452022Assets 2023: $903,596Liabilities 2023: $14,331Net Assets 2023: $889,2652023Assets 2024: $876,188Liabilities 2024: $23,370Net Assets 2024: $852,8182024

Highlighted filing

2024

Assets$876,188
Liabilities$23,370
Net Assets$852,818

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $114,348Expenses 2012: $150,469Net Income 2012: -$36,1212012Revenue 2013: $116,218Expenses 2013: $146,027Net Income 2013: -$29,8092013Revenue 2014: $116,312Expenses 2014: $154,738Net Income 2014: -$38,4262014Revenue 2015: $122,965Expenses 2015: $154,462Net Income 2015: -$31,4972015Revenue 2016: $121,217Expenses 2016: $148,019Net Income 2016: -$26,8022016Revenue 2017: $122,728Expenses 2017: $151,106Net Income 2017: -$28,3782017Revenue 2018: $128,832Expenses 2018: $174,502Net Income 2018: -$45,6702018Revenue 2019: $128,958Expenses 2019: $168,621Net Income 2019: -$39,6632019Revenue 2020: $130,543Expenses 2020: $150,963Net Income 2020: -$20,4202020Revenue 2021: $132,246Expenses 2021: $149,448Net Income 2021: -$17,2022021Revenue 2022: $128,177Expenses 2022: $180,800Net Income 2022: -$52,6232022Revenue 2023: $136,916Expenses 2023: $167,996Net Income 2023: -$31,0802023Revenue 2024: $150,317Expenses 2024: $186,764Net Income 2024: -$36,4472024

Highlighted filing

2024

Revenue$150,317
Expenses$186,764
Net Income-$36,447

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 24, 2025
Return Version
2023v6.0
Gross Receipts
$150,317
Mission and Program Overview

Mission

Provide affordable housing and programs leading to self-sufficiency for low-income families, seniors, and other special needs groups on California's Central Coast.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$747,649$713,329▼ $34,320
Savings and Temporary Cash Investments$141,614$149,247▲ $7,633
Cash and Non-Interest-Bearing Accounts$7,983$7,239▼ $744
Prepaid Expenses and Deferred Charges$5,335$6,373▲ $1,038
Accounts Receivable$1,015$0▼ $1,015
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$903,596$876,188▼ $27,408
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,786$16,472▲ $8,686
Other Liabilities$6,545$6,683▲ $138
Deferred Revenue-$215-
Total Liabilities$14,331$23,370▲ $9,039
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,498,874$1,506,370▲ $7,496
Net Assets Without Donor Restrictions$-609,609$-653,552▼ $43,943
Total Net Assets Fund Balance$889,265$852,818▼ $36,447
Total Liabilities and Net Assets / Fund Balance$903,596$876,188▼ $27,408

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$498,303$874,500$1,372,803
Land$200,000-$200,000
Other Land Buildings$15,026$30,946$45,972
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michelle HigginbothamChair
Kenneth TrigueiroPresident
Vito GioielloVice Chair
Dieter EckertDirector
Hazel DavalosDirector
Jose FloresDirector
Julissa PenaDirector
Karol SchulkinDirector
Kevin ClericiDirector
Nick TompkinsDirector
Paula JohnsonDirector
Sonia KrothDirector
James ShammasAsst Secretary
Sheryl FloresAsst Secretary
Todd BroussardAsst Secretary
Veronica GarciaAsst Secretary
Anna MillerAsst Treasurer
Christi WareAsst Treasurer
Gabrielle MillerSecretary
Griffin MooreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$67,960
Program Service Revenue
$77,982
Investment Income
$2,764
Other Revenue
$1,611
Change in Net Assets
$-36,447

Audited Revenue Reconciliation

Revenue per Audited Statements
$150,317
Total Revenue per Audited Statements
$150,317
Total Revenue per Form 990
$150,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$143,418
Salaries, Compensation, and Employee Benefits$43,346
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$36,728--$36,728
All Other Expenses$22,915--$22,915
Fees for Services Management$16,322--$16,322
Fees for Services Other$11,490--$11,490
Other Expenses$8,540--$8,540
Insurance$5,253--$5,253
Other Employee Benefits$3,872--$3,872
Payroll Taxes$2,746--$2,746
Office Expenses$2,486--$2,486
Fees for Services Accounting$2,052--$2,052
Fees for Services Legal$3--$3
Total Functional Expenses$186,764$0$0$186,764

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$186,764
Total Expenses per Audited Statements$186,764
Total Expenses per Form 990$186,764
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
Security Deposits$6,683
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
No
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
No
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

The Board delegates property management duties to The Duncan Group.

Form 990, Part VI, Section A, Line 8B

N/A

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

The President and Chief Financial Officer of the sponsor, Peoples' Self Help Housing Corporation, review the tax return before it is filed.

Form 990, Part VI, Section C, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Valentine Court Ii Inc
EIN
77-0422724
Phone
8057813088
Address
1060 KENDALL ROAD, SAN LUIS OBISPO, CA 93401

Signing Officer

Name
Griffin Moore
Title
Treasurer
Signed
2025-04-24
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Moss Levy & Hartzheim LLP
Address
2400 Professional Parkway Suite 205, Santa Maria, CA 93455
Preparer
Ron Levy CPA
Phone
8059252579
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

: Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

ELECTRICITY: Column (A) - Total = $2508; Column (B) - Program Services = $2508; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

FIDELITY BOND INSURANCE: Column (A) - Total = $37; Column (B) - Program Services = $37; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

GARBAGE AND TRASH REMOVAL: Column (A) - Total = $1855; Column (B) - Program Services = $1855; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

GAS: Column (A) - Total = $272; Column (B) - Program Services = $272; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

HEATING/COOLING REPAIRS & MAIN: Column (A) - Total = $1834; Column (B) - Program Services = $1834; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MISCELLANEOUS ADMIN. EXPENSES: Column (A) - Total = $5692; Column (B) - Program Services = $5692; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

MISCELLANEOUS TAXES: Column (A) - Total = $2497; Column (B) - Program Services = $2497; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

REAL ESTATE TAX: Column (A) - Total = $147; Column (B) - Program Services = $147; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

SEWER: Column (A) - Total = $4671; Column (B) - Program Services = $4671; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

SUPPLIES: Column (A) - Total = $1511; Column (B) - Program Services = $1511; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

WORKMENS' COMPENSATION: Column (A) - Total = $1891; Column (B) - Program Services = $1891; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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