Civic Intelligence

The Fountain Valley Community Foundation

990 • Fiscal year 2022 • EIN 80-0178198

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 09, 2022

10200 Slater AvenueFountain Valley, CA 92708

(714) 309-7485

Siviq Scores

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

Liabilities / Assets

84th percentile

0.19x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.27x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

70th percentile

20%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

38th percentile

-2.8%

Faster revenue growth than 38% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$441,251

Up $44,329 (+11%) from 2021

Net Assets

Up

$358,385

Up $59,420 (+20%) from 2021

Liabilities

Down

$82,866

Down $15,091 (-15%) from 2021

Revenue

Down

$302,330

Down $8,641 (-2.8%) from 2021

Expenses

Up

$242,910

Up $110,869 (+84%) from 2021

Net Income

Down

$59,420

Down $119,510 (-67%) from 2021

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

2022

Assets$441,251
Liabilities$82,866
Net Assets$358,385

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

2022

Revenue$302,330
Expenses$242,910
Net Income$59,420
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 9, 2022
Return Version
2021v4.1
Gross Receipts
$302,330
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$144,646$178,930▲ $34,284
Savings and Temporary Cash Investments$143,571$144,008▲ $437
Pledges and Grants Receivable-$114,475-
Accounts Receivable$108,705$3,838▼ $104,867
Other Notes and Loans Receivable, Net-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$396,922$441,251▲ $44,329
Other Assets Total-$0-
Liabilities
Other Liabilities$51,207$53,996▲ $2,789
Accounts Payable and Accrued Expenses$46,750$28,870▼ $17,880
Total Liabilities$97,957$82,866▼ $15,091
Net Assets / Fund Balance
Net Assets With Donor Restrictions$181,022$252,906▲ $71,884
Net Assets Without Donor Restrictions$117,943$105,479▼ $12,464
Total Net Assets Fund Balance$298,965$358,385▲ $59,420
Total Liabilities and Net Assets / Fund Balance$396,922$441,251▲ $44,329
Compensation and Service Providers

Board Members and Trustees

NameTitle
Prem BalaniPast President
Larry CrandallPresident
Barbara MontzDirector
Dennis ColeDirector
Glenn GrandisDirector
Jason Cooper RossDirector
Kerry WakelyDirector
Matt TaylorDirector
Michael WhiteDirector
Tracy CameronDirector
Wallace RodeckerDirector
Rob FrizzelleSecretary
Tommie ServiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185,843
Program Service Revenue
$116,422
Investment Income
$65
Other Revenue
$0
All Other Contributions
$185,843
Change in Net Assets
$59,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$190,068
Grants and Similar Amounts Paid$52,842
Total Fundraising Expense$9,271
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$52,842--$52,842
Advertising--$9,271$9,271
Insurance-$733-$733
Fees for Services Other-$726-$726
Other Expenses$176,672$437-$437
All Other Expenses-$-1,670-$-1,670
Total Functional Expenses$229,514$4,125$9,271$242,910
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Miss Fountain ValleyFountain Valley, CA-Grant$15,000
City of Fountain ValleyFountain Valley, CA-Events Sponsorship$13,100
Boys & Girls Clubs of HvFountain Valley, CA-Sponsorships$6,400
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
Other Liab$43,996
Due to Fv Chamber$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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
7143097485
Address
10200 SLATER AVENUE, FOUNTAIN VALLEY, CA 92708

Signing Officer

Name
Larry Crandall
Title
President
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Crandall
Formed
2008
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
10
Employees
0

Preparer

Firm
Argy & Company
Address
18351 Beach Blvd Ste A, Huntington Beach, CA 92648
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/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EVENTS
IRS990/OtherExpensesGrp/Desc1VOLUNTEER SUPPORT
IRS990/OtherExpensesGrp/Desc2SOFTWARE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02624
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11275
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2437
IRS990/OtherExpensesGrp/ProgramServicesAmt0176672
IRS990/OtherExpensesGrp/TotalAmt0176672
IRS990/OtherExpensesGrp/TotalAmt12624
IRS990/OtherExpensesGrp/TotalAmt21275
IRS990/OtherExpensesGrp/TotalAmt3437
IRS990/OtherLiabilitiesGrp/BOYAmt051207
IRS990/OtherLiabilitiesGrp/EOYAmt053996
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0114475
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0LARRY CRANDALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1713990
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3713990
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0CONCERTS IN THE PARK
IRS990/ProgramServiceRevenueGrp/Desc1EVENT PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2GREAT FV CAMPOUT
IRS990/ProgramServiceRevenueGrp/Desc3HALL OF FAME
IRS990/ProgramServiceRevenueGrp/Desc4SUMMERFEST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09404
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11696
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26425
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35238
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt493219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09404
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11696
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt26425
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35238
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt493219
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0179571
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt023439
IRS990/PYInvestmentIncomeAmt0109
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0107102
IRS990/PYProgramServiceRevenueAmt0131291
IRS990/PYRevenuesLessExpensesAmt0178930
IRS990/PYSalariesCompEmpBnftPaidAmt01500
IRS990/PYTotalExpensesAmt0132041
IRS990/PYTotalRevenueAmt0310971
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt059420
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0116422
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0143571
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0144008
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0185843
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0179571
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt062340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0122243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt087378
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0637375
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0116422
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0131290
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt021293
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt050518
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0127646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0447169
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01084544
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0302265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0310861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt083633
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0172761
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0215024
IRS990ScheduleA/Total509Grp/TotalAmt01084544
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0302265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0310861
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt083633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0172761
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0215024
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01084544
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt143996
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO FV CHAMBER
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIAB
IRS990ScheduleD/TotalLiabilityAmt053996
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt06400
IRS990ScheduleI/RecipientTable/CashGrantAmt113100
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SPONSORSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EVENTS SPONSORSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GRANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BOYS & GIRLS CLUBS OF HV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CITY OF FOUNTAIN VALLEY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MISS FOUNTAIN VALLEY
IRS990ScheduleI/RecipientTable/RecipientEIN0956192466
IRS990ScheduleI/RecipientTable/RecipientEIN1952158358
IRS990ScheduleI/RecipientTable/RecipientEIN2453360799
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt016582 BROOKHURST ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt110200 SLATER AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt28840 WARNER AVE 204
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FOUNTAIN VALLEY

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
2022Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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