Civic Intelligence

Ocean View Foundation DBA Ocean View Plaza

990 • Fiscal year 2020 • EIN 94-1665936

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 07, 2021

Organization ProfileWWW.LESLEYFOUNDATION.ORG
701 Arnold WayHalf Moon Bay, CA 94019

(650) 726-4888

Siviq Scores

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

Liabilities / Assets

94th percentile

1.05x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

8.76x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

22nd percentile

-7.5%

Higher net margin than 22% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

76th percentile

$200,954

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

20th percentile

-2.5%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

13%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$8,890,007

Down $227,792 (-2.5%) from 2019

Net Assets

Down

-$414,138

Down $79,346 (-24%) from 2019

Liabilities

Down

$9,304,145

Down $148,446 (-1.6%) from 2019

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin22nd percentile

Revenue

Up

$1,061,719

Up $125,426 (+13%) from 2019

Expenses

Up

$1,141,065

Up $13,048 (+1.2%) from 2019

Net Income

Up

-$79,346

Up $112,378 (+59%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $518,389Liabilities 2010: $178,453Net Assets 2010: $339,9362010Assets 2011: $516,241Liabilities 2011: $168,604Net Assets 2011: $347,6372011Assets 2012: $518,642Liabilities 2012: $181,119Net Assets 2012: $337,5232012Assets 2013: $484,924Liabilities 2013: $218,001Net Assets 2013: $266,9232013Assets 2014: $707,472Liabilities 2014: $454,091Net Assets 2014: $253,3812014Assets 2015: $2,399,053Liabilities 2015: $2,230,112Net Assets 2015: $168,9412015Assets 2016: $7,597,541Liabilities 2016: $7,519,939Net Assets 2016: $77,6022016Assets 2017: $9,880,191Liabilities 2017: $9,901,415Net Assets 2017: -$21,2242017Assets 2018: $9,474,838Liabilities 2018: $9,617,906Net Assets 2018: -$143,0682018Assets 2019: $9,117,799Liabilities 2019: $9,452,591Net Assets 2019: -$334,7922019Assets 2020: $8,890,007Liabilities 2020: $9,304,145Net Assets 2020: -$414,1382020Assets 2021: $8,971,988Liabilities 2021: $9,211,371Net Assets 2021: -$239,3832021Assets 2022: $8,865,948Liabilities 2022: $8,964,038Net Assets 2022: -$98,0902022Assets 2023: $8,749,091Liabilities 2023: $8,711,127Net Assets 2023: $37,9642023Assets 2024: $8,512,549Liabilities 2024: $8,292,323Net Assets 2024: $220,2262024

Highlighted filing

2020

Assets$8,890,007
Liabilities$9,304,145
Net Assets-$414,138
Open 2020 Filing

Operations Trend

Revenue Growth70th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $276,354Expenses 2010: $224,098Net Income 2010: $52,2562010Revenue 2011: $277,386Expenses 2011: $269,685Net Income 2011: $7,7012011Revenue 2012: $289,552Expenses 2012: $299,666Net Income 2012: -$10,1142012Revenue 2013: $289,420Expenses 2013: $360,020Net Income 2013: -$70,6002013Revenue 2014: $304,212Expenses 2014: $317,754Net Income 2014: -$13,5422014Revenue 2015: $288,451Expenses 2015: $372,891Net Income 2015: -$84,4402015Revenue 2016: $248,259Expenses 2016: $339,598Net Income 2016: -$91,3392016Revenue 2017: $827,685Expenses 2017: $1,105,320Net Income 2017: -$277,6352017Revenue 2018: $931,675Expenses 2018: $1,053,519Net Income 2018: -$121,8442018Revenue 2019: $936,293Expenses 2019: $1,128,017Net Income 2019: -$191,7242019Revenue 2020: $1,061,719Expenses 2020: $1,141,065Net Income 2020: -$79,3462020Revenue 2021: $1,379,588Expenses 2021: $1,204,833Net Income 2021: $174,7552021Revenue 2022: $1,412,276Expenses 2022: $1,270,983Net Income 2022: $141,2932022Revenue 2023: $1,457,282Expenses 2023: $1,321,228Net Income 2023: $136,0542023Revenue 2024: $1,481,415Expenses 2024: $1,299,153Net Income 2024: $182,2622024

Highlighted filing

2020

Revenue$1,061,719
Expenses$1,141,065
Net Income-$79,346
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 7, 2021
Return Version
2020v4.0
Gross Receipts
$1,061,719
Mission and Program Overview

Mission

The organization's mission is to provide quality, affordable housing for senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,754,261$8,518,236▼ $236,025
Prepaid Expenses and Deferred Charges$62,846$68,214▲ $5,368
Cash and Non-Interest-Bearing Accounts$5,357$19,399▲ $14,042
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$9,117,799$8,890,007▼ $227,792
Other Assets Total$295,335$284,158▼ $11,177
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,287,686$8,187,720▼ $99,966
Other Liabilities$1,015,851$1,051,916▲ $36,065
Accounts Payable and Accrued Expenses$149,054$64,509▼ $84,545
Total Liabilities$9,452,591$9,304,145▼ $148,446
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-334,792$-414,138▼ $79,346
Total Net Assets Fund Balance$-334,792$-414,138▼ $79,346
Total Liabilities and Net Assets / Fund Balance$9,117,799$8,890,007▼ $227,792

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,461,605$1,292,536$9,754,141
Land$51,465-$51,465
Equipment$5,166$2,043$7,209
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Nancy AmayaDeputy E.d.PT$109,022$109,022

Board Members and Trustees

NameTitle
Sue WinksPresident
George MetropulosVice President
Catherine EvansExecutive Director
Michael KimMember
Naomi PatridgeMember
Tony VillanuevaMember
Linda AvelarSecretary
Sandy CouncilTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$781,686
Program Service Revenue
$275,810
Investment Income
$408
Other Revenue
$3,815
Change in Net Assets
$-79,346

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,061,719
Revenue Not Reported on Form 990
$7,320
Total Revenue per Audited Statements
$1,069,039
Total Revenue per Form 990
$1,061,719
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,001,809
Salaries, Compensation, and Employee Benefits$139,256
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$367,155--$367,155
Depreciation Depletion$236,025--$236,025
Other Salaries and Wages$39,638$59,086-$98,724
Occupancy$98,640--$98,640
Insurance$57,078--$57,078
Office Expenses-$50,519-$50,519
Fees for Services Management-$33,000-$33,000
Other Employee Benefits$11,174$16,607-$27,781
Other Expenses$20,465--$20,465
All Other Expenses$17,883$2,317-$20,200
Fees for Services Accounting-$17,445-$17,445
Payroll Taxes$2,903$4,356-$7,259
Pension Plan Contributions$2,197$3,295-$5,492
Fees for Services Other-$1,187-$1,187
Total Functional Expenses$953,253$187,812$0$1,141,065

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,148,385
Expenses per Audited Statements$1,141,065
Total Expenses per Form 990$1,141,065
Expenses Not Reported on Form 990$7,320
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
Related Party Note$903,612
Related Party Note Accrued Interest$126,142
Tenant Security Deposits$22,162
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A draft of the form is distributed to the board of directors for approval prior to submission.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Organization receives signed document from members that certifies no conflicts of interest occurred.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Organization has a policy that requires the analysis of compensation of the Executive Director on at least an annual basis. The salary shall be compared to equivalent organizations based on mission, budget size, job description and demands, or other factors specified by the Board of Directors. Based on the analysis, the Board shall conclude on whether the Executive Director's compensation is appropriate. Such analysis shall be documented and filed in the Corporation's records.”

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

“The financial statements, governing documents, and policies are all available upon request.”

Filing and Contact Details

Filer

Filer Name
Ocean View Foundation
EIN
94-1665936
Phone
6507264888
Address
701 ARNOLD WAY, HALF MOON BAY, CA 94019

Signing Officer

Name
Catherine Evans
Title
Executive Director
Signed
2021-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Evans
Formed
1968
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Doran & Associates
Address
55 MITCHELL BOULEVARD STE 3, SAN RAFAEL, CA 94903
Preparer
Lisa Doran CPA
Phone
4154911130
Supplemental Narrative

Additional Explanations

PART I, LINE 5, Part V, Lines 1 & 2, & PART IX, LINES 7, 9, 10

“The ocean view foundation utilizes the contractors and staff of a related party, the lesley foundation. On an ongoing basis, the ocean view foundation reimburses the lesley foundation for contractor payments and staff payroll and benefit costs. All required payroll tax remittance and reporting is performed by the lesley foundation.”

Financial Statement Notes

Part X : FIN48 Footnote

“ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and has measured the Corporation's exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.”

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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROVIDE QUALITY, AFFORDABLE HOUSING FOR SENIOR CITIZENS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08287686
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-334792
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-414138
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IRS990/OccupancyGrp/ProgramServicesAmt098640
IRS990/OccupancyGrp/TotalAmt098640
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt050519
IRS990/OfficeExpensesGrp/TotalAmt050519
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0295335
IRS990/OtherAssetsTotalGrp/EOYAmt0284158
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016607
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011174
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027781
IRS990/OtherExpensesGrp/Desc0REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MORTGAGE INSURANCE PREMIUM
IRS990/OtherExpensesGrp/Desc2OPERATING RENT FREE UNIT
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt038148
IRS990/OtherExpensesGrp/ProgramServicesAmt137140
IRS990/OtherExpensesGrp/ProgramServicesAmt224807
IRS990/OtherExpensesGrp/ProgramServicesAmt320465
IRS990/OtherExpensesGrp/TotalAmt038148
IRS990/OtherExpensesGrp/TotalAmt137140
IRS990/OtherExpensesGrp/TotalAmt224807
IRS990/OtherExpensesGrp/TotalAmt320465
IRS990/OtherLiabilitiesGrp/BOYAmt01015851
IRS990/OtherLiabilitiesGrp/EOYAmt01051916
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03815
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IRS990/OtherRevenueTotalAmt03815
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt059086
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039638
IRS990/OtherSalariesAndWagesGrp/TotalAmt098724
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04356
IRS990/PayrollTaxesGrp/ProgramServicesAmt02903
IRS990/PayrollTaxesGrp/TotalAmt07259
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03295
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02197
IRS990/PensionPlanContributionsGrp/TotalAmt05492
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt062846
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt068214
IRS990/PrincipalOfficerNm0CATHERINE EVANS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0275810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0275810
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0651130
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02626
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0993433
IRS990/PYOtherRevenueAmt066
IRS990/PYProgramServiceRevenueAmt0282471
IRS990/PYRevenuesLessExpensesAmt0-191724
IRS990/PYSalariesCompEmpBnftPaidAmt0134584
IRS990/PYTotalExpensesAmt01128017
IRS990/PYTotalRevenueAmt0936293
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-79346
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0279625
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0781686
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0651130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01432816
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02473
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01357
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0550
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07414
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0275810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0282471
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0928628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0826257
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0247653
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02560819
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02473
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01357
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07414
IRS990ScheduleA/InvestmentIncomeCYPct00.00190
IRS990ScheduleA/InvestmentIncomePYPct00.00160
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99810
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal509Amt03993635
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01057496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0933601
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0928628
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0826257
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0247653
IRS990ScheduleA/Total509Grp/TotalAmt03993635
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01057904
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0936227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0931101
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0827614
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0248203
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04001049
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08461605
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01292536
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09754141
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07320
IRS990ScheduleD/DonatedServicesUseFcltsAmt07320
IRS990ScheduleD/EquipmentGrp/BookValueAmt05166
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02043
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07209
IRS990ScheduleD/ExpensesNotReportedAmt07320
IRS990ScheduleD/ExpensesSubtotalAmt01141065
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt051465
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt051465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0903612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1126142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt222162
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY NOTE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY NOTE ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt07320
IRS990ScheduleD/RevenueSubtotalAmt01061719
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and has measured the Corporation's exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalExpensesPerForm990Amt01141065
IRS990ScheduleD/TotalLiabilityAmt01051916
IRS990ScheduleD/TotalRevenuePerForm990Amt01061719
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01069039
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01148385

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,890,007
Liabilities
$9,304,145
Net assets
-$414,138
Revenue
$1,061,719
Expenses
$1,141,065
Net income
-$79,346
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.51$8.29$0.22$1.48$1.30$0.18
2023Detailed filing. Detailed filing data is available for this year.$8.75$8.71$0.04$1.46$1.32$0.14
2022Detailed filing. Detailed filing data is available for this year.$8.87$8.96$0.10$1.41$1.27$0.14
2021Detailed filing. Detailed filing data is available for this year.$8.97$9.21$0.24$1.38$1.20$0.17
2020Detailed filing. Detailed filing data is available for this year.$8.89$9.30$0.41$1.06$1.14$0.08
2019Detailed filing. Detailed filing data is available for this year.$9.12$9.45$0.33$0.94$1.13$0.19
2018Detailed filing. Detailed filing data is available for this year.$9.47$9.62$0.14$0.93$1.05$0.12
2017Detailed filing. Detailed filing data is available for this year.$9.88$9.90$0.02$0.83$1.11$0.28
2016Detailed filing. Detailed filing data is available for this year.$7.60$7.52$0.08$0.25$0.34$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.40$2.23$0.17$0.29$0.37$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.45$0.25$0.30$0.32$0.01
2013Summary only. Only limited summary data is available for this year.$0.48$0.22$0.27$0.29$0.36$0.07
2012Summary only. Only limited summary data is available for this year.$0.52$0.18$0.34$0.29$0.30$0.01
2011Summary only. Only limited summary data is available for this year.$0.52$0.17$0.35$0.28$0.27$0.01
2010Summary only. Only limited summary data is available for this year.$0.52$0.18$0.34$0.28$0.22$0.05