Civic Intelligence

Casa De Oro Foundation Inc.

990 • Fiscal year 2019 • EIN 77-0445845

Feb 01, 2018 to Jan 31, 2019 • Filed on Nov 04, 2019

1630 S 2500 WVernal, UT 84078

(562) 774-7273

Siviq Scores

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

Liabilities / Assets

74th percentile

0.22x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

2.25x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

3rd percentile

-90%

Higher net margin than 3% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

37th percentile

-0.8%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

68th percentile

16%

Faster revenue growth than 68% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$730,139

Down $6,185 (-0.8%) from 2018

Net Assets

Down

$568,233

Down $64,978 (-10%) from 2018

Liabilities

Up

$161,906

Up $58,793 (+57%) from 2018

Revenue

Up

$72,018

Up $9,676 (+16%) from 2018

Expenses

Up

$136,996

Up $39,897 (+41%) from 2018

Net Income

Down

-$64,978

Down $30,221 (-87%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,349,180Liabilities 2012: $0Net Assets 2012: $1,349,1802012Assets 2013: $1,243,197Liabilities 2013: $0Net Assets 2013: $1,243,1972013Assets 2014: $1,093,392Liabilities 2014: $0Net Assets 2014: $1,093,3922014Assets 2015: $948,738Liabilities 2015: $0Net Assets 2015: $948,7382015Assets 2016: $816,593Liabilities 2016: $21,732Net Assets 2016: $794,8612016Assets 2017: $769,304Liabilities 2017: $73,853Net Assets 2017: $695,4512017Assets 2018: $736,324Liabilities 2018: $103,113Net Assets 2018: $633,2112018Assets 2019: $730,139Liabilities 2019: $161,906Net Assets 2019: $568,2332019Assets 2020: $665,908Liabilities 2020: $163,770Net Assets 2020: $502,1382020Assets 2021: $637,428Liabilities 2021: $190,484Net Assets 2021: $446,9442021Assets 2022: $604,230Liabilities 2022: $183,440Net Assets 2022: $420,7902022Assets 2023: $1,031,318Liabilities 2023: $11,549Net Assets 2023: $1,019,7692023Assets 2024: $973,694Liabilities 2024: $0Net Assets 2024: $973,6942024Assets 2025: $989,704Liabilities 2025: $25,761Net Assets 2025: $963,9432025

Highlighted filing

2019

Assets$730,139
Liabilities$161,906
Net Assets$568,233

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $101,189Expenses 2012: $244,354Net Income 2012: -$143,1652012Revenue 2013: $169,619Expenses 2013: $152,230Net Income 2013: $17,3892013Revenue 2014: $84,534Expenses 2014: $253,661Net Income 2014: -$169,1272014Revenue 2015: $128,904Expenses 2015: $235,101Net Income 2015: -$106,1972015Revenue 2016: $63,837Expenses 2016: $217,714Net Income 2016: -$153,8772016Revenue 2017: $28,368Expenses 2017: $127,778Net Income 2017: -$99,4102017Revenue 2018: $62,342Expenses 2018: $97,099Net Income 2018: -$34,7572018Revenue 2019: $72,018Expenses 2019: $136,996Net Income 2019: -$64,9782019Revenue 2020: $72,058Expenses 2020: $138,153Net Income 2020: -$66,0952020Revenue 2021: $57,180Expenses 2021: $112,374Net Income 2021: -$55,1942021Revenue 2022: $77,007Expenses 2022: $103,161Net Income 2022: -$26,1542022Revenue 2023: $696,437Expenses 2023: $97,458Net Income 2023: $598,9792023Revenue 2024: $31,825Expenses 2024: $77,900Net Income 2024: -$46,0752024Revenue 2025: $41,100Expenses 2025: $36,690Net Income 2025: $4,4102025

Highlighted filing

2019

Revenue$72,018
Expenses$136,996
Net Income-$64,978
Jump To
Filing Snapshot
Filing Period
Feb 1, 2018 to Jan 31, 2019
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$72,018
Mission and Program Overview

Mission

The purpose of casa de oro foundation is to provide and assist in providing housing to and for low and moderate income persons and families, particularly in distressed areas and neighbordhoods and in redeveloped zones recognized by state, local and federal agencies.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$733,166$699,283▼ $33,883
Rtn Earn Endowment Incm Other Fnds$633,211$568,233▼ $64,978
Cash and Non-Interest-Bearing Accounts$2,308$30,856▲ $28,548
Savings and Temporary Cash Investments$850--
Total Assets$736,324$730,139▼ $6,185
Liabilities
Unsecured Notes Loans Payable$63,344$154,097▲ $90,753
Other Liabilities$39,769$7,809▼ $31,960
Total Liabilities$103,113$161,906▲ $58,793
Net Assets / Fund Balance
Total Net Assets Fund Balance$633,211$568,233▼ $64,978
Total Liabilities and Net Assets / Fund Balance$736,324$730,139▼ $6,185

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$699,283$214,127$913,410
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nelson P GalindoPresident
Dr Camilo JorgeBoard Member
Jeremy PetersonBoard Member
Dannys E CodySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$72,018
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-64,978
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,996
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
Occupancy$57,414--$57,414
Depreciation Depletion$33,883--$33,883
All Other Expenses$30,725--$30,725
Other Expenses$2,905--$2,905
Travel$126--$126
Total Functional Expenses$136,996$0$0$136,996
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
Last Month Rent Deposits$7,809
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is provided to appropriate committee and the board via e-mail. Final review and approval is done via conference calls.

Form 990, Page 6, Part VI, Line 15A

Review of compensation for ceo salary made through committee review and recommendation to the board who make final approval.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Casa De Oro Foundation Inc
EIN
77-0445845
Address
1630 S 2500 W, VERNAL, UT 84078

Signing Officer

Name
Nelson P Galindo
Title
President
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nelson P Galindo
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Tax Specialty Plus Inc
Address
8310 FLORENCE AVE, DOWNEY, CA 90240
Preparer
Robert J Herrera Ea
Phone
5629275944
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose of casa de oro foundation is to provide and assist in providing housing to and for low and moderate income persons and families, particularly in distressed areas and neighbordhoods and in redeveloped zones recognized by state, local and federal agencies.

Form 990, Page 2, Part III, Line 4D

The foundation met with public housing officials to qualify the units for government housing programs sych as section 8, and applied and received section 8 approval for the units and now has two disabled people living in the foundation's units. It is expected that the current harsh economic conditions will continue, thus the shift to government programs as oppose to the foundation going at it alone. The foundation worked with the vernal police department and assisted in the arrests to keep the living areas crime free. The foundation assisted police investigating domestic disputes and keeping criminals from selling drugs on the premises. The foundation helped the probation officers keep track of their people on probation. The foundation supported tenants in getting clean. The foundation worked with tenants' rent to allow them to pay their share of rehab costs. The foundation coordinated with the department of child family services to have children put in safe environments free of risk. The foundation worked with the uintah basin assistance council to have small grants in the amount of 300 to keep many families from going homeless.

Form 990, Part IX, Line 24E

Auto expense 2,905 0 0 auto expense 2,905 0 0 material & supplies 2,116 0 0 material & supplies 2,116 0 0 material & supplies 2,116 0 0 health & wellness 1,908 0 0 health & wellness 1,908 0 0 health & wellness 1,908 0 0 telephone 1,600 0 0 telephone 1,600 0 0 telephone 1,600 0 0 bank charges 826 0 0 bank charges 826 0 0 bank charges 826 0 0 cleaning 648 0 0 cleaning 648 0 0 cleaning 648 0 0 income tax preparation 417 0 0 income tax preparation 417 0 0 income tax preparation 417 0 0 eviction costs 387 0 0 eviction costs 387 0 0 eviction costs 387 0 0 meals & entertainment 201 0 0 meals & entertainment 201 0 0 meals & entertainment 201 0 0 computer exp. 148 0 0 computer exp. 148 0 0 computer exp. 148 0 0 advertising 44 0 0 advertising 44 0 0 advertising 44 0 0 postage 10 0 0 postage 10 0 0 postage 10 0 0 total 30,725 0 0

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF CASA DE ORO FOUNDATION IS TO PROVIDE AND ASSIST IN PROVIDING HOUSING TO AND FOR LOW AND MODERATE INCOME PERSONS AND FAMILIES, PARTICULARLY IN DISTRESSED AREAS AND NEIGHBORDHOODS AND IN REDEVELOPED ZONES RECOGNIZED BY STATE, LOCAL AND FEDERAL AGENCIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION MET WITH PUBLIC HOUSING OFFICIALS TO QUALIFY THE UNITS FOR GOVERNMENT HOUSING PROGRAMS SYCH AS SECTION 8, AND APPLIED AND RECEIVED SECTION 8 APPROVAL FOR THE UNITS AND NOW HAS TWO DISABLED PEOPLE LIVING IN THE FOUNDATION'S UNITS. IT IS EXPECTED THAT THE CURRENT HARSH ECONOMIC CONDITIONS WILL CONTINUE, THUS THE SHIFT TO GOVERNMENT PROGRAMS AS OPPOSE TO THE FOUNDATION GOING AT IT ALONE. THE FOUNDATION WORKED WITH THE VERNAL POLICE DEPARTMENT AND ASSISTED IN THE ARRESTS TO KEEP THE LIVING AREAS CRIME FREE. THE FOUNDATION ASSISTED POLICE INVESTIGATING DOMESTIC DISPUTES AND KEEPING CRIMINALS FROM SELLING DRUGS ON THE PREMISES. THE FOUNDATION HELPED THE PROBATION OFFICERS KEEP TRACK OF THEIR PEOPLE ON PROBATION. THE FOUNDATION SUPPORTED TENANTS IN GETTING CLEAN. THE FOUNDATION WORKED WITH TENANTS' RENT TO ALLOW THEM TO PAY THEIR SHARE OF REHAB COSTS. THE FOUNDATION COORDINATED WITH THE DEPARTMENT OF CHILD FAMILY SERVICES TO HAVE CHILDREN PUT IN SAFE ENVIRONMENTS FREE OF RISK. THE FOUNDATION WORKED WITH THE UINTAH BASIN ASSISTANCE COUNCIL TO HAVE SMALL GRANTS IN THE AMOUNT OF 300 TO KEEP MANY FAMILIES FROM GOING HOMELESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PROVIDED TO APPROPRIATE COMMITTEE AND THE BOARD VIA E-MAIL. FINAL REVIEW AND APPROVAL IS DONE VIA CONFERENCE CALLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW OF COMPENSATION FOR CEO SALARY MADE THROUGH COMMITTEE REVIEW AND RECOMMENDATION TO THE BOARD WHO MAKE FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AUTO EXPENSE 2,905 0 0 AUTO EXPENSE 2,905 0 0 MATERIAL & SUPPLIES 2,116 0 0 MATERIAL & SUPPLIES 2,116 0 0 MATERIAL & SUPPLIES 2,116 0 0 HEALTH & WELLNESS 1,908 0 0 HEALTH & WELLNESS 1,908 0 0 HEALTH & WELLNESS 1,908 0 0 TELEPHONE 1,600 0 0 TELEPHONE 1,600 0 0 TELEPHONE 1,600 0 0 BANK CHARGES 826 0 0 BANK CHARGES 826 0 0 BANK CHARGES 826 0 0 CLEANING 648 0 0 CLEANING 648 0 0 CLEANING 648 0 0 INCOME TAX PREPARATION 417 0 0 INCOME TAX PREPARATION 417 0 0 INCOME TAX PREPARATION 417 0 0 EVICTION COSTS 387 0 0 EVICTION COSTS 387 0 0 EVICTION COSTS 387 0 0 MEALS & ENTERTAINMENT 201 0 0 MEALS & ENTERTAINMENT 201 0 0 MEALS & ENTERTAINMENT 201 0 0 COMPUTER EXP. 148 0 0 COMPUTER EXP. 148 0 0 COMPUTER EXP. 148 0 0 ADVERTISING 44 0 0 ADVERTISING 44 0 0 ADVERTISING 44 0 0 POSTAGE 10 0 0 POSTAGE 10 0 0 POSTAGE 10 0 0 TOTAL 30,725 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
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IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0736324
IRS990/TotalAssetsEOYAmt0730139
IRS990/TotalAssetsGrp/BOYAmt0736324
IRS990/TotalAssetsGrp/EOYAmt0730139
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0136996
IRS990/TotalFunctionalExpensesGrp/TotalAmt0136996
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0103113
IRS990/TotalLiabilitiesEOYAmt0161906
IRS990/TotalLiabilitiesGrp/BOYAmt0103113
IRS990/TotalLiabilitiesGrp/EOYAmt0161906
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0633211
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0568233
IRS990/TotalOtherProgSrvcExpenseAmt0136996
IRS990/TotalProgramServiceExpensesAmt0136996
IRS990/TotalProgramServiceRevenueAmt072018
IRS990/TotalRevenueGrp/ExclusionAmt072018
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt072018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0736324
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0730139
IRS990/TravelGrp/ProgramServicesAmt0126
IRS990/TravelGrp/TotalAmt0126
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt063344
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0154097
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01630 S 2500 W
IRS990/USAddress/CityNm0VERNAL
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084078
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NELSON P GALINDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CASA DE ORO FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CASA
ReturnHeader/Filer/EIN0770445845
ReturnHeader/Filer/USAddress/AddressLine1Txt01630 S 2500 W
ReturnHeader/Filer/USAddress/CityNm0VERNAL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0UT
ReturnHeader/Filer/USAddress/ZIPCd084078
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId048763E1C9BEC10EEF91C48BC29C044BCE26BB249
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId048763E1C9BEC10EEF91C48BC29C044BCE26BB249
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.178.156.147
ReturnHeader/FilingSecurityInformation/IPDt02019-12-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm017:48:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954822336
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX SPECIALTY PLUS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08310 FLORENCE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DOWNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090240
ReturnHeader/PreparerPersonGrp/PhoneNum05629275944
ReturnHeader/PreparerPersonGrp/PreparationDt02019-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT J HERRERA EA
ReturnHeader/ReturnTs02019-12-17T17:48:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-02-01
ReturnHeader/TaxPeriodEndDt02019-01-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.96$0.04$0.04$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.03$0.08$0.05
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.01$1.02$0.70$0.10$0.60
2022Detailed filing. Detailed filing data is available for this year.$0.60$0.18$0.42$0.08$0.10$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.19$0.45$0.06$0.11$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.67$0.16$0.50$0.07$0.14$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.16$0.57$0.07$0.14$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.10$0.63$0.06$0.10$0.03
2017Summary only. Only limited summary data is available for this year.$0.77$0.07$0.70$0.03$0.13$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.02$0.79$0.06$0.22$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.13$0.24$0.11
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.08$0.25$0.17
2013Summary only. Only limited summary data is available for this year.$1.24$0.00$1.24$0.17$0.15$0.02
2012Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$0.10$0.24$0.14