Civic Intelligence

Mtf Legacy Homes Foundation Inc.

EIN 83-3653655 • 501(c)3 • West Hollywood, CA

Pub. 78 Eligible990-N Coverage

Profile

To provide support for animal welfare

8605 Santa Monica Blvd Suite 93925West Hollywood, CA 90069

mtflegacyhomes.org

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

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

Liabilities / Revenue

92nd percentile

0.58x

Higher debt load relative to revenue than 92% of similar nonprofits.

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

Net Margin

81st percentile

28%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

57th percentile

1.4%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

6th percentile

-93%

Faster revenue growth than 6% of similar nonprofits.

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

Assets

Down

$311,939

Down $3,505 (-1.1%) from 2022

Liabilities

Down

$8,965

Down $35 (-0.4%) from 2022

Net Assets

Down

$302,974

Down $3,470 (-1.1%) from 2022

Revenue

Down

$9,048

Down $6,457 (-42%) from 2022

Expenses

Up

$12,518

Up $1,398 (+13%) from 2022

Net Income

Down

-$3,470

Down $7,855 (-179%) from 2022

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2020: $108,124Liabilities 2020: $0Net Assets 2020: $108,1242020Assets 2021: $311,059Liabilities 2021: $9,000Net Assets 2021: $302,0592021Assets 2022: $315,444Liabilities 2022: $9,000Net Assets 2022: $306,4442022Assets 2023: $311,939Liabilities 2023: $8,965Net Assets 2023: $302,9742023

Highlighted filing

2023

Assets$311,939
Liabilities$8,965
Net Assets$302,974

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $107,511Expenses 2020: $2,642Net Income 2020: $104,8692020Revenue 2021: $209,120Expenses 2021: $14,185Net Income 2021: $194,9352021Revenue 2022: $15,505Expenses 2022: $11,120Net Income 2022: $4,3852022Revenue 2023: $9,048Expenses 2023: $12,518Net Income 2023: -$3,4702023

Highlighted filing

2023

Revenue$9,048
Expenses$12,518
Net Income-$3,470

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 31, 2024
Return Version
2023v5.1
Gross Receipts
$9,048
Mission and Program Overview

Mission

To provide support for animal welfare

Affordable housing/animal welfare

Program Services

DescriptionGrantsExpenses
THE NONPROFIT CONTINUES TO SEARCH FOR AFFORDABLE HOUSING BUT THE HIGH COST AND DEMAND FOR AFFORDABLE HOUSING IN CALIFORNIA HAS MADE THIS DIFFICULT. THE NONPROFIT IS SEARCHING FOR DONATIONS OF REAL ESTATE. THE NONPROFIT HAS BEEN ABLE TO PROVIDE SUPPORT TO SEVERAL DOGS.$0$4,148
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK FLORENTINOPresident, DirectorPT$0--
ANALISA FLORENTINODirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Mtf Legacy Homes Foundation Inc
EIN
83-3653655
Phone
6262788371
Address
8605 SANTA MONICA BLVD SUITE 93925, WEST HOLLYWOOD, CA 90069

Signing Officer

Name
Mark Florentino
Title
President
Phone
6262788371
Signed
2024-07-31
Discuss with paid preparer
Yes

Preparer

Firm
Anderson Law Group Pllc
Address
3225 MCLEOD DRIVE, LAS VEGAS, NV 89121
Preparer
Karim Hanafy
Phone
8889692677
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 9,042.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 48. Description: state registration fees. Amount: 45. Description: pet supplies. Amount: 2,274. Description: pet medical insurance. Amount: 603. Description: meals. Amount: 214. Total to form 990-ez, line 16: 3,184.

Form 990-ez, Part II, Line 24 - Other Assets

Description: national life group. Beg. Of year amount: 305,000. End of year amount: 305,000. Description: mark florentino note. Beg. Of year amount: 5,000. End of year amount: 5,000.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: eidl grant. Beg. Of year amount: 9,000. End of year amount: 8,965.

Raw XML Appendix172 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/BooksInCareOfDetail/PhoneNum06262788371
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/OtherRevenueTotalAmt09042
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING/ANIMAL WELFARE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE NONPROFIT CONTINUES TO SEARCH FOR AFFORDABLE HOUSING BUT THE HIGH COST AND DEMAND FOR AFFORDABLE HOUSING IN CALIFORNIA HAS MADE THIS DIFFICULT. THE NONPROFIT IS SEARCHING FOR DONATIONS OF REAL ESTATE. THE NONPROFIT HAS BEEN ABLE TO PROVIDE SUPPORT TO SEVERAL DOGS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt08965
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt012518
IRS990EZ/TotalProgramServiceExpensesAmt04148
IRS990EZ/TotalRevenueAmt09048
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://MTFLEGACYHOMES.ORG/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01584
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0308622
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09042
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IRS990ScheduleA/TotalSupportAmt0342768
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1205000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SHORT TERM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1SPLIT DOLLAR LIFE INS POLICY ON OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2SPLIT DOLLAR LIFE INS POLICY ON OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MARK FLORENTINO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1MARK FLORENTINO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2ANALISA FLORENTINO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0MARK FLORENTINO, PRESIDENT/DIRECTOR, AND ANALISA FLORENTINO, DIRECTOR, PROVIDE CONSIDERABLE VALUABLE SERVICES TO THE ORGANIZATION WITHOUT COMPENSATION. INSTEAD, THE NONPROFIT IS PAYING THE LIFE INSURANCE PREMIUMS ON BEHALF OF MARK AND ANALISA. MOREOVER, THE LIFE INSURANCE POLICIES HAVE A DEATH BENEFIT OF WHICH THE NONPROFIT WILL BE A BENEFICIARY.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt0310000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 9,042.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK CHARGES. AMOUNT: 48. DESCRIPTION: STATE REGISTRATION FEES. AMOUNT: 45. DESCRIPTION: PET SUPPLIES. AMOUNT: 2,274. DESCRIPTION: PET MEDICAL INSURANCE. AMOUNT: 603. DESCRIPTION: MEALS. AMOUNT: 214. TOTAL TO FORM 990-EZ, LINE 16: 3,184.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: NATIONAL LIFE GROUP. BEG. OF YEAR AMOUNT: 305,000. END OF YEAR AMOUNT: 305,000. DESCRIPTION: MARK FLORENTINO NOTE. BEG. OF YEAR AMOUNT: 5,000. END OF YEAR AMOUNT: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: EIDL GRANT. BEG. OF YEAR AMOUNT: 9,000. END OF YEAR AMOUNT: 8,965.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK FLORENTINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06262788371
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MTF LEGACY HOMES FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MTFL
ReturnHeader/Filer/EIN0833653655
ReturnHeader/Filer/PhoneNum06262788371
ReturnHeader/Filer/USAddress/AddressLine1Txt08605 SANTA MONICA BLVD SUITE 93925
ReturnHeader/Filer/USAddress/CityNm0WEST HOLLYWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090069
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911956265
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSON LAW GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03225 MCLEOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089121
ReturnHeader/PreparerPersonGrp/PhoneNum08889692677
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARIM HANAFY
ReturnHeader/ReturnTs02024-07-31T13:43:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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