Civic Intelligence

The Fountain Valley Community Foundation

990 • Fiscal year 2018 • EIN 80-0178198

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 07, 2018

10200 Slater AvenueFountain Valley, CA 92708

(714) 593-4670

Siviq Scores

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

Liabilities / Assets

89th percentile

0.48x

Higher debt load relative to assets than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

0.91x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

50th percentile

3.2%

Higher net margin than 50% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

63rd percentile

10%

Faster asset growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$236,640

Up $22,232 (+10%) from 2017

Net Assets

Up

$124,085

Up $3,964 (+3.3%) from 2017

Liabilities

Up

$112,555

Up $18,268 (+19%) from 2017

Revenue

Down

$123,846

Down $32,730 (-21%) from 2017

Expenses

Down

$119,882

Down $39,611 (-25%) from 2017

Net Income

Up

$3,964

Up $6,881 (+236%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $85,279Liabilities 2012: $5,9792012Assets 2013: $173,343Liabilities 2013: $67,1132013Assets 2014: $165,726Liabilities 2014: $19,796Net Assets 2014: $145,9302014Assets 2015: $237,374Liabilities 2015: $90,068Net Assets 2015: $147,3062015Assets 2016: $210,477Liabilities 2016: $87,439Net Assets 2016: $123,0382016Assets 2017: $214,408Liabilities 2017: $94,287Net Assets 2017: $120,1212017Assets 2018: $236,640Liabilities 2018: $112,555Net Assets 2018: $124,0852018Assets 2019: $255,523Liabilities 2019: $121,409Net Assets 2019: $134,1142019Assets 2020: $204,996Liabilities 2020: $90,898Net Assets 2020: $114,0982020Assets 2021: $396,922Liabilities 2021: $97,957Net Assets 2021: $298,9652021Assets 2022: $441,251Liabilities 2022: $82,866Net Assets 2022: $358,3852022Assets 2023: $366,711Liabilities 2023: $100,920Net Assets 2023: $265,7912023Assets 2024: $556,894Liabilities 2024: $160,936Net Assets 2024: $395,9582024

Highlighted filing

2018

Assets$236,640
Liabilities$112,555
Net Assets$124,085

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $94,292Expenses 2012: $64,222Net Income 2012: $30,0702012Revenue 2013: $107,671Expenses 2013: $80,741Net Income 2013: $26,9302013Revenue 2014: $162,208Expenses 2014: $122,508Net Income 2014: $39,7002014Revenue 2015: $107,800Expenses 2015: $106,424Net Income 2015: $1,3762015Revenue 2016: $88,369Expenses 2016: $101,126Net Income 2016: -$12,7572016Revenue 2017: $156,576Expenses 2017: $159,493Net Income 2017: -$2,9172017Revenue 2018: $123,846Expenses 2018: $119,882Net Income 2018: $3,9642018Revenue 2019: $111,934Expenses 2019: $101,905Net Income 2019: $10,0292019Revenue 2020: $99,417Expenses 2020: $119,433Net Income 2020: -$20,0162020Revenue 2021: $310,971Expenses 2021: $132,041Net Income 2021: $178,9302021Revenue 2022: $302,330Expenses 2022: $242,910Net Income 2022: $59,4202022Revenue 2023: $382,031Expenses 2023: $474,625Net Income 2023: -$92,5942023Revenue 2024: $648,899Expenses 2024: $518,732Net Income 2024: $130,1672024

Highlighted filing

2018

Revenue$123,846
Expenses$119,882
Net Income$3,964
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 7, 2018
Return Version
2017v2.2
Gross Receipts
$222,877
Mission and Program Overview

Mission

Develop activities and community events that foster the participation of a broad base of the population, focusing on events and activities that will bring the community together.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$95,232$123,611▲ $28,379
Savings and Temporary Cash Investments$107,421$107,529▲ $108
Accounts Receivable$11,755$4,500▼ $7,255
Prepaid Expenses and Deferred Charges-$1,000-
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$214,408$236,640▲ $22,232
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$70,376$88,615▲ $18,239
Other Liabilities$23,911$23,940▲ $29
Total Liabilities$94,287$112,555▲ $18,268
Net Assets / Fund Balance
Unrestricted Net Assets$120,121$124,085▲ $3,964
Total Net Assets Fund Balance$120,121$124,085▲ $3,964
Total Liabilities and Net Assets / Fund Balance$214,408$236,640▲ $22,232
Compensation and Service Providers

Board Members and Trustees

NameTitle
Prem BalaniPresident
Matt TaylorVice President
Barbara MontzDirector
Jan HeistermannDirector
Jason Cooper RossDirector
Jo an PoirelDirector
Steve NagelDirector
Tracy CameronDirector
Wallace RodeckerDirector
Rob FrizzelleSecretary
Glenn GrandisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$87,378
Program Service Revenue
$0
Investment Income
$7,853
Other Revenue
$28,615
All Other Contributions
$87,378
Change in Net Assets
$3,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,130
Grants and Similar Amounts Paid$4,752
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$3,725$6,314-$10,039
Other Expenses$9,100$10,828-$9,100
Grants to Domestic Individuals$4,752--$4,752
Advertising$1,084--$1,084
Insurance-$691-$691
Fees for Services Other-$315-$315
Total Functional Expenses$101,734$18,148$0$119,882
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$92,360
Fundraising Direct Expenses$77,278
Gaming Gross Income$35,286
Gaming Direct Expenses$21,753
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summerfest$51,003$51,003$46,711$4,292
Classic Car Show$22,594$22,594$12,766$9,828
Total Events$92,360$92,360$77,278$15,082
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
Other Liab$23,940
Governance and Compliance

Governance Checklist

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

No review was or will be conducted.

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

No documents available to the public.

Form 990, Part VI, Line 8A

Documentation by governing body explanation no

Filing and Contact Details

Filer

Filer Name
Fountain Valley Community Foundation
EIN
80-0178198
Phone
7145934670
Address
10200 SLATER AVENUE, FOUNTAIN VALLEY, CA 92708

Signing Officer

Name
Prem Balani
Title
President
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Prem Balani
Formed
2008
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
3
Employees
0

Preparer

Firm
Argy & Company
Address
10231 Slater Ave Suite 112, Fountain Valley, CA 92708
Preparer
Vincent P Argy CPA
Phone
7149641748
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D - All Other Accomplishment

Assist fountain valley residents with special needs that are not being met by other organizations, or with the foundation's support enable other programs to meet those needs. This could include housing, transportation, education, neighborhood clean up, or other types of support.

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IRS990/OtherExpensesGrp/TotalAmt39100
IRS990/OtherLiabilitiesGrp/BOYAmt023911
IRS990/OtherLiabilitiesGrp/EOYAmt023940
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01000
IRS990/PrincipalOfficerNm0PREM BALANI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0112590
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0165
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0159493
IRS990/PYOtherRevenueAmt043821
IRS990/PYRevenuesLessExpensesAmt0-2917
IRS990/PYTotalExpensesAmt0159493
IRS990/PYTotalRevenueAmt0156576
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt03964
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt087378
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0107421
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0107529
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt087378
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0112590
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt042336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt071156
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0313460
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0127646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0120395
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0116457
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0127510
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0492008
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0805468
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0215024
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0232985
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0158793
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0198666
IRS990ScheduleA/Total509Grp/TotalAmt0805468
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0215024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0232985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0158793
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0198666
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0805468
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt023940
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIAB
IRS990ScheduleD/TotalLiabilityAmt023940
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt077278
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SUMMERFEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CLASSIC CAR SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051003
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt022594
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt018763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt092360
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt051003
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt022594
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt018763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt092360
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015082
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt017801
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt077278
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt046711
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012766
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt021753
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt035286
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt035286
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt013533
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt021753
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt021753
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0GLENN GRANDIS
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt010200 SLATER AVE
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0FOUNTAIN VALLEY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0CA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd092708
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ASSIST FOUNTAIN VALLEY RESIDENTS WITH SPECIAL NEEDS THAT ARE NOT BEING MET BY OTHER ORGANIZATIONS, OR WITH THE FOUNDATION'S SUPPORT ENABLE OTHER PROGRAMS TO MEET THOSE NEEDS. THIS COULD INCLUDE HOUSING, TRANSPORTATION, EDUCATION, NEIGHBORHOOD CLEAN UP, OR OTHER TYPES OF SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTATION BY GOVERNING BODY EXPLANATION NO
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART III, LINE 4D - ALL OTHER ACCOMPLISHMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, LINE 8A
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.57$1.61$3.96$6.49$5.19$1.30
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.67$1.01$2.66$3.82$4.75$0.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.41$0.83$3.58$3.02$2.43$0.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.98$2.99$3.11$1.32$1.79
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.91$1.14$0.99$1.19$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$1.21$1.34$1.12$1.02$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.37$1.13$1.24$1.24$1.20$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.94$1.20$1.57$1.59$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.10$0.87$1.23$0.88$1.01$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.37$0.90$1.47$1.08$1.06$0.01
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.20$1.46$1.62$1.23$0.40
2013Summary only. Only limited summary data is available for this year.$1.73$0.67$1.08$0.81$0.27
2012Summary only. Only limited summary data is available for this year.$0.85$0.06$0.94$0.64$0.30