Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Balboa Terrace Homes Association
EIN 94-0302570 • 501(c)4 • Walnut Creek, CA
Profile
The organization is responsible to maintain, repair and replace the common area property of a 288 unit community association
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.89x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
29th percentile
Higher net margin than 29% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Up$248,802
Up $35,322 (+17%) from 2023
Liabilities
Up$221,064
Up $54,181 (+32%) from 2023
Net Assets
Down$27,738
Down $18,859 (-40%) from 2023
Revenue
Down$114,604
Down $1,669 (-1.4%) from 2023
Expenses
Up$127,743
Up $44,221 (+53%) from 2023
Net Income
Down-$13,139
Down $45,890 (-140%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $248,802
- Liabilities
- $221,064
- Net assets
- $27,738
- Revenue
- $114,604
- Expenses
- $127,743
- Net income
- -$13,139
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jul 19, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $114,604
Mission and Program Overview
Mission
The organization is responsible to maintain, repair and replace the common area property of a 288 unit community association
Program Services
| Description | Grants | Expenses |
|---|---|---|
| The organization is responsible to maintain, repair and replace the common area property of a 288 unit community association | - | $72,208 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Richard Hill | President | - | $0 | - | - |
| Honoria Sarmento | Vice President | - | $0 | - | - |
| Bill Thomen | Director | - | $0 | - | - |
| Daniel Connolly | Director | - | $0 | - | - |
| Michael Schlemmer | Director | - | $0 | - | - |
| J Keith Gilless | Director | - | $0 | - | - |
| Mary Jung | Treasurer | - | $0 | - | - |
| Lee Jackrel | Director | - | $0 | - | - |
| Mee Mee Kiong | Director | - | $0 | - | - |
| Andje Medina | Director | - | $0 | - | - |
| Robert Mann | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Balboa Terrace Homes Association
- EIN
- 94-0302570
- Phone
- 8006100757
- Address
- 1661 Tice Valley Boulevard 200, Walnut Creek, CA 94595
Signing Officer
- Name
- Mary Jung
- Title
- Treasurer
- Signed
- 2025-07-19
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Levy Erlanger Advisors LLC
- Address
- 100 Montgomery St Ste 715, San Francisco, CA 94104
- Preparer
- William S Erlanger
- Phone
- 4159819350
Supplemental Narrative
Additional Explanations
Other Revenue.1
“Late charges and other $2564”
Other Expenses.1002
“Office Expenses $8034”
Other Expenses.1012
“Insurance $9931”
Other Expenses.1
“Major repairs and replacements $33024”
Other Expenses.2
“Legal and accounting $27830”
Other Expenses.3
“Landscape services $24925”
Other Expenses.4
“Other maintenance $6451”
Other Expenses.5
“Utilities $4208”
Other Expenses.6
“Pest control $2600”
Other Expenses.7
“Reserve study $1400”
Other Expenses.8
“Bad debt expense $1000”
Other Assets.1005
“Accounts Receivable - Beginning $252 Accounts Receivable - Ending $483”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $2334 Prepaid Expenses and Deferred Charges - Ending $2532”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $27004 Accounts Payable and Accrued Expenses - Ending $15574”
Total Liabilities.1003
“Deferred Revenue - Beginning $7404 Deferred Revenue - Ending $6495”
Total Liabilities.1
“Contract liabilities - Beginning $132475 Contract liabilities - Ending $198995”
Raw XML Appendix171 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Bay Area Property Services |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8006100757 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1661 Tice Valley Boulevard 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Walnut Creek |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 94595 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 210894 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 245787 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 107047 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -13139 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8340 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 213480 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 248802 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 114604 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 4993 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 46597 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 27738 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 46597 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 27738 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Richard Hill |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Honoria Sarmento |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Bill Thomen |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Daniel Connolly |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Michael Schlemmer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | J Keith Gilless |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Mary Jung |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Lee Jackrel |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | Mee Mee Kiong |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | Andje Medina |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | Robert Mann |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | Director |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 2586 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3015 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -5720 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 119403 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 2564 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | The organization is responsible to maintain, repair and replace the common area property of a 288 unit community association |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The organization is responsible to maintain, repair and replace the common area property of a 288 unit community association |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 72208 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 166883 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 221064 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 127743 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 72208 |
| IRS990EZ/TotalRevenueAmt | 0 | 114604 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Late charges and other $2564 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Office Expenses $8034 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Insurance $9931 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Major repairs and replacements $33024 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Legal and accounting $27830 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Landscape services $24925 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Other maintenance $6451 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Utilities $4208 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Pest control $2600 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Reserve study $1400 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | Bad debt expense $1000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | Accounts Receivable - Beginning $252 Accounts Receivable - Ending $483 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | Prepaid Expenses and Deferred Charges - Beginning $2334 Prepaid Expenses and Deferred Charges - Ending $2532 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | Accounts Payable and Accrued Expenses - Beginning $27004 Accounts Payable and Accrued Expenses - Ending $15574 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | Deferred Revenue - Beginning $7404 Deferred Revenue - Ending $6495 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | Contract liabilities - Beginning $132475 Contract liabilities - Ending $198995 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1012 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Total Liabilities.1003 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Mary Jung |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Balboa Terrace Homes Association |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | co Bay Area Property Services |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BALB |
| ReturnHeader/Filer/EIN | 0 | 940302570 |
| ReturnHeader/Filer/PhoneNum | 0 | 8006100757 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1661 Tice Valley Boulevard 200 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Walnut Creek |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 94595 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 331954136 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Levy Erlanger Advisors LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 100 Montgomery St Ste 715 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | San Francisco |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94104 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4159819350 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | William S Erlanger |
| ReturnHeader/ReturnTs | 0 | 2025-07-19T08:24:42-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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