Civic Intelligence

Oak Forest Apartments Inc

EIN 77-0429275 • 501(c)3 • San Luis Obispo, CA

Profile

Provide affordable housing

3533 Empleo StreetSan Luis Obispo, CA 93401

n/A

Siviq Scores

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

Liabilities / Assets

25th percentile

0.02x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

3.10x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

1st percentile

-361%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

28th percentile

-1.5%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

27%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$8,584,498

Down $132,089 (-1.5%) from 2023

Liabilities

Up

$156,278

Up $49,720 (+47%) from 2023

Net Assets

Down

$8,428,220

Down $181,809 (-2.1%) from 2023

Revenue

Up

$50,342

Up $10,622 (+27%) from 2023

Expenses

Down

$232,151

Down $403,553 (-63%) from 2023

Net Income

Up

-$181,809

Up $414,175 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $434,867Liabilities 2011: $101,6832011Assets 2012: $427,367Liabilities 2012: $94,2162012Assets 2013: $424,787Liabilities 2013: $91,6732013Assets 2014: $438,634Liabilities 2014: $105,557Net Assets 2014: $333,0772014Assets 2015: $438,332Liabilities 2015: $105,2832015Assets 2016: $417,715Liabilities 2016: $84,700Net Assets 2016: $333,0152016Assets 2017: $455,900Liabilities 2017: $122,9002017Assets 2018: $458,802Liabilities 2018: $125,819Net Assets 2018: $332,9832018Assets 2019: $1,482,811Liabilities 2019: $119,112Net Assets 2019: $1,363,6992019Assets 2020: $10,829,073Liabilities 2020: $122,908Net Assets 2020: $10,706,1652020Assets 2021: $10,057,695Liabilities 2021: $79,815Net Assets 2021: $9,977,8802021Assets 2022: $9,279,358Liabilities 2022: $73,345Net Assets 2022: $9,206,0132022Assets 2023: $8,716,587Liabilities 2023: $106,558Net Assets 2023: $8,610,0292023Assets 2024: $8,584,498Liabilities 2024: $156,278Net Assets 2024: $8,428,2202024

Highlighted filing

2024

Assets$8,584,498
Liabilities$156,278
Net Assets$8,428,220

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $28,200Expenses 2011: $28,236Net Income 2011: -$362011Revenue 2012: $28,200Expenses 2012: $28,233Net Income 2012: -$332012Revenue 2013: $28,200Expenses 2013: $28,237Net Income 2013: -$372013Revenue 2014: $28,200Expenses 2014: $28,237Net Income 2014: -$372014Revenue 2015: $28,200Expenses 2015: $28,228Net Income 2015: -$282015Revenue 2016: $24,200Expenses 2016: $24,234Net Income 2016: -$342016Revenue 2017: $28,201Expenses 2017: $28,216Net Income 2017: -$152017Revenue 2018: $28,204Expenses 2018: $28,221Net Income 2018: -$172018Revenue 2019: $1,074,964Expenses 2019: $44,248Net Income 2019: $1,030,7162019Revenue 2020: $9,382,241Expenses 2020: $39,775Net Income 2020: $9,342,4662020Revenue 2021: $39,720Expenses 2021: $768,005Net Income 2021: -$728,2852021Revenue 2022: $39,721Expenses 2022: $811,588Net Income 2022: -$771,8672022Revenue 2023: $39,720Expenses 2023: $635,704Net Income 2023: -$595,9842023Revenue 2024: $50,342Expenses 2024: $232,151Net Income 2024: -$181,8092024

Highlighted filing

2024

Revenue$50,342
Expenses$232,151
Net Income-$181,809

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.58$0.16$8.43$0.05$0.23$0.18
2023Summary only. Only limited summary data is available for this year.$8.72$0.11$8.61$0.04$0.64$0.60
2022Summary only. Only limited summary data is available for this year.$9.28$0.07$9.21$0.04$0.81$0.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.08$9.98$0.04$0.77$0.73
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.12$10.7$9.38$0.04$9.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.12$1.36$1.07$0.04$1.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.13$0.33$0.03$0.03$0.00
2017Summary only. Only limited summary data is available for this year.$0.46$0.12$0.03$0.03$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.08$0.33$0.02$0.02$0.00
2015Summary only. Only limited summary data is available for this year.$0.44$0.11$0.03$0.03$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.11$0.33$0.03$0.03$0.00
2013Summary only. Only limited summary data is available for this year.$0.42$0.09$0.03$0.03$0.00
2012Summary only. Only limited summary data is available for this year.$0.43$0.09$0.03$0.03$0.00
2011Summary only. Only limited summary data is available for this year.$0.43$0.10$0.03$0.03$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 5, 2015
Return Version
2014v5.0
Gross Receipts
$28,200
Mission and Program Overview

Mission

Provide affordable housing

Program Services

DescriptionGrantsExpenses
To provide low-income rental housing as the .01% general partner in Storke Ranch Apartments, L.P. a California Limited Partnership which owns and operates Storke Ranch Apartments, a 36-unit housing complex located in Isla Vista,CA. In addition, to provide affordable rental housing as the .01% managing general partner in Belridge Street Associates, L.P., a California Limited Partnership, which owns and operates Belridge Street Apartments, a 12-unit apartment complex located in Oceano, California, in addition to provide affordable rental housing as the .01% managing general partner in Oceano Apartments Associates, L.P.,a California Limited Partnership which owns and operates La Brisa Marina Apartments,a 16-unit affordable rental housing complex located in Oceano, CA. In addition, to provide affordable rental housing as the .01% managing general partner in Templeton Place L.P., a California Limited Partnership which owns and operates Templeton Place Apartments, a 29-unit affordable rental housing complex located in Templeton, CA.$28,237-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dieter EckertDirector-$0--
Carolyn JohnsonPresident-$0--
Charles H StacyDirector-$0--
Charles FruitDirector-$0--
Jose FloresDirector-$0--
B Ray GateleyDirector-$0--
Angela McCormickDirector-$0--
Jolie DitmoreDirector-$0--
David GustafsonVice President-$0--
Tensie HernandezDirector-$0--
Vito GioielloDirector-$0--
Karol SchulkinDirector-$0--
Filing and Contact Details

Filer

Filer Name
Oak Forest Apartments Inc
EIN
77-0429275
Phone
8057813088
Address
3533 Empleo Street, San Luis Obispo, CA 93401

Signing Officer

Name
John Fowler
Title
CFO
Signed
2015-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Tom Tomaszewski CPA
Address
3811 Tilden Drive, El Dorado Hills, CA 95762
Preparer
Tom Tomaszewski
Phone
9168045367
Supplemental Narrative

Additional Explanations

Other Expenses.1

Management fee Templeton $10000

Other Expenses.2

Management fee Storke $10000

Other Expenses.3

Management fee Oceano $4200

Other Expenses.4

Management fee Belridge $4000

Other Expenses.5

K-1 Loss Templeton $12

Other Expenses.6

K-1 loss Oceano $11

Other Expenses.7

K-1 Loss Storke $8

Other Expenses.8

K-1 Loss Belridge $6

Other Assets.1005

Accounts Receivable - Beginning $91673 Accounts Receivable - Ending $105557

Other Assets.1009

Notes and Loans Receivable - Beginning $68000 Notes and Loans Receivable - Ending $68000

Other Assets.2

Investment in Storke Ranch Apartments - Beginning $249433 Investment in Storke Ranch Apartments - Ending $249425

Other Assets.3

Investment in Belridge Street Associates - Beginning $1068 Investment in Belridge Street Associates - Ending $1062

Other Assets.4

Investment in Templeton - Beginning $2134 Investment in Templeton - Ending $2122

Other Assets.5

Investment in Oceano - Beginning $12479 Investment in Oceano - Ending $12468

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $91673 Accounts Payable and Accrued Expenses - Ending $105557

Raw XML Appendix205 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management fee Templeton $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Management fee Storke $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Management fee Oceano $4200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Management fee Belridge $4000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4K-1 Loss Templeton $12
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5K-1 loss Oceano $11
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6K-1 Loss Storke $8
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7K-1 Loss Belridge $6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Receivable - Beginning $91673 Accounts Receivable - Ending $105557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Notes and Loans Receivable - Beginning $68000 Notes and Loans Receivable - Ending $68000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Investment in Storke Ranch Apartments - Beginning $249433 Investment in Storke Ranch Apartments - Ending $249425
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Investment in Belridge Street Associates - Beginning $1068 Investment in Belridge Street Associates - Ending $1062
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Investment in Templeton - Beginning $2134 Investment in Templeton - Ending $2122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Investment in Oceano - Beginning $12479 Investment in Oceano - Ending $12468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Accounts Payable and Accrued Expenses - Beginning $91673 Accounts Payable and Accrued Expenses - Ending $105557
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Assets.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Assets.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1001
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0John Fowler
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Oak Forest Apartments Inc
ReturnHeader/Filer/BusinessNameControlTxt0OAKF
ReturnHeader/Filer/EIN0770429275
ReturnHeader/Filer/PhoneNum08057813088
ReturnHeader/Filer/USAddress/AddressLine1Txt03533 Empleo Street
ReturnHeader/Filer/USAddress/CityNm0San Luis Obispo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tom Tomaszewski CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03811 Tilden Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0El Dorado Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095762
ReturnHeader/PreparerPersonGrp/PhoneNum09168045367
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tom Tomaszewski
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-05-05T11:03:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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