Civic Intelligence

Lakeside Gardens Inc

990 • Fiscal year 2019 • EIN 94-1678063

Oct 01, 2018 to Sep 30, 2019 • Filed on May 21, 2020

Organization ProfileN/A
PO Box 7070Pasadena, CA 91109

(323) 258-3512

Siviq Scores

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

Liabilities / Assets

79th percentile

0.37x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.55x

Higher debt load relative to revenue than 75% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Net Margin

54th percentile

9.0%

Higher net margin than 54% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

2019 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2019

Asset Growth

53rd percentile

3.9%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

50th percentile

2.6%

Faster revenue growth than 50% of similar nonprofits.

2019 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$1,407,139

Up $52,820 (+3.9%) from 2018

Net Assets

Up

$886,639

Up $85,121 (+11%) from 2018

Liabilities

Down

$520,500

Down $32,301 (-5.8%) from 2018

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin54th percentile

Revenue

Up

$945,548

Up $23,945 (+2.6%) from 2018

Expenses

Down

$860,427

Down $16,328 (-1.9%) from 2018

Net Income

Up

$85,121

Up $40,273 (+90%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,017,568Liabilities 2011: $777,027Net Assets 2011: $240,5412011Assets 2012: $1,104,682Liabilities 2012: $735,046Net Assets 2012: $369,6362012Assets 2013: $1,198,376Liabilities 2013: $736,319Net Assets 2013: $462,0572013Assets 2014: $1,233,725Liabilities 2014: $709,006Net Assets 2014: $524,7192014Assets 2015: $1,364,787Liabilities 2015: $735,753Net Assets 2015: $629,0342015Assets 2016: $1,309,698Liabilities 2016: $641,217Net Assets 2016: $668,4812016Assets 2017: $1,358,477Liabilities 2017: $601,807Net Assets 2017: $756,6702017Assets 2018: $1,354,319Liabilities 2018: $552,801Net Assets 2018: $801,5182018Assets 2019: $1,407,139Liabilities 2019: $520,500Net Assets 2019: $886,6392019Assets 2020: $1,493,505Liabilities 2020: $490,014Net Assets 2020: $1,003,4912020Assets 2021: $1,529,604Liabilities 2021: $460,762Net Assets 2021: $1,068,8422021Assets 2022: $1,435,069Liabilities 2022: $404,695Net Assets 2022: $1,030,3742022Assets 2023: $1,419,218Liabilities 2023: $347,468Net Assets 2023: $1,071,7502023Assets 2024: $1,532,081Liabilities 2024: $314,124Net Assets 2024: $1,217,9572024

Highlighted filing

2019

Assets$1,407,139
Liabilities$520,500
Net Assets$886,639
Open 2019 Filing

Operations Trend

Revenue Growth50th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $826,498Expenses 2011: $723,737Net Income 2011: $102,7612011Revenue 2012: $838,066Expenses 2012: $708,971Net Income 2012: $129,0952012Revenue 2013: $800,156Expenses 2013: $707,735Net Income 2013: $92,4212013Revenue 2014: $824,176Expenses 2014: $761,514Net Income 2014: $62,6622014Revenue 2015: $841,102Expenses 2015: $736,787Net Income 2015: $104,3152015Revenue 2016: $877,651Expenses 2016: $838,204Net Income 2016: $39,4472016Revenue 2017: $901,344Expenses 2017: $813,155Net Income 2017: $88,1892017Revenue 2018: $921,603Expenses 2018: $876,755Net Income 2018: $44,8482018Revenue 2019: $945,548Expenses 2019: $860,427Net Income 2019: $85,1212019Revenue 2020: $975,374Expenses 2020: $858,522Net Income 2020: $116,8522020Revenue 2021: $1,000,671Expenses 2021: $935,320Net Income 2021: $65,3512021Revenue 2022: $996,076Expenses 2022: $1,034,544Net Income 2022: -$38,4682022Revenue 2023: $1,130,514Expenses 2023: $1,089,138Net Income 2023: $41,3762023Revenue 2024: $1,146,640Expenses 2024: $1,000,433Net Income 2024: $146,2072024

Highlighted filing

2019

Revenue$945,548
Expenses$860,427
Net Income$85,121
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
May 21, 2020
Return Version
2018v3.1
Gross Receipts
$945,548
Mission and Program Overview

Mission

To operate an apartment complex of 85 units to provide low-income housing for elderly tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$835,760$856,035▲ $20,275
Savings and Temporary Cash Investments$396,307$392,640▼ $3,667
Cash and Non-Interest-Bearing Accounts$70,619$95,617▲ $24,998
Prepaid Expenses and Deferred Charges$20,446$29,448▲ $9,002
Accounts Receivable$1,538$3,246▲ $1,708
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$1,354,319$1,407,139▲ $52,820
Other Assets Total$29,649$30,153▲ $504
Liabilities
Mortgage Notes Payable Secured by Investment Property$388,602$355,724▼ $32,878
Other Liabilities$125,282$116,468▼ $8,814
Accounts Payable and Accrued Expenses$38,900$47,176▲ $8,276
Deferred Revenue$17$1,132▲ $1,115
Total Liabilities$552,801$520,500▼ $32,301
Net Assets / Fund Balance
Unrestricted Net Assets$801,518$886,639▲ $85,121
Total Net Assets Fund Balance$801,518$886,639▲ $85,121
Total Liabilities and Net Assets / Fund Balance$1,354,319$1,407,139▲ $52,820

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$685,732$1,588,734$2,274,466
Equipment-$111,334$111,334
Land$97,373-$97,373
Leasehold Improvements$64,273$2,216$66,489
Other Land Buildings$8,657$19,006$27,663
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
George PenningtonPresident
Richard DenureVice President
Dale CombsDirector
Dale MentzeDirector
Gary MacdonaldDirector
Pastor Robert MentzeDirector
Sallie ManleyDirector
Nathalee AdragnaSecretary
Jean AngusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$941,329
Investment Income
$4,219
Other Revenue
$0
Change in Net Assets
$85,121

Audited Revenue Reconciliation

Revenue per Audited Statements
$945,548
Total Revenue per Audited Statements
$945,548
Total Revenue per Form 990
$945,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$533,971
Salaries, Compensation, and Employee Benefits$326,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$149,588$101,949-$251,537
Fees for Services Management-$76,701-$76,701
Other Employee Benefits$33,477$22,816-$56,293
Depreciation Depletion$46,214--$46,214
Fees for Services Other-$27,153-$27,153
Insurance$26,688--$26,688
Payroll Taxes$11,077$7,549-$18,626
Office Expenses-$12,468-$12,468
Other Expenses$7,697$11,872-$11,872
Interest$11,126--$11,126
All Other Expenses$140--$140
Advertising-$87-$87
Total Functional Expenses$587,224$273,203$0$860,427

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$860,427
Total Expenses per Audited Statements$860,427
Total Expenses per Form 990$860,427
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
Interest Payable$86,315
Tenant Security Deposits$30,153
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“The organization delegated accounting and payroll duties to a management company.”

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

“An electronic copy is sent to the board of directors by email for review prior to the president signature and filing.”

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

“Available at the managing agents office.”

Filing and Contact Details

Filer

Filer Name
Lakeside Gardens Inc
EIN
94-1678063
Phone
3232583512
Address
PO Box 7070, Pasadena, CA 91109

Signing Officer

Name
George Pennington
Title
President
Signed
2020-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Pennington
Formed
1967
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
9

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108-3820
Preparer
Michael J Zizzi
Phone
6192947200
Supplemental Narrative

Additional Explanations

FORM 990, PART X, LINES 27-29: NET ASSETS

“FORM 990, PART X, LINES 27-29: NET ASSETSThe organization has adopted the principles of FASB ASU No. 2016-14 (ASC 958) for its audited financial statements for the year ended September 30, 2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. We have included the net asset categories in our audited financial statements on existing Form 990, Part X, Lines 27-29 as follows:Net assets without donor restrictions $886,639Net assets with donor restrictions $0Total net assets $886,639Unrestricted net assets $886,639Temporarily restricted net assets $0Permanently restricted net assets $0Total net assets $886,639”

Financial Statement Notes

Part X : FIN48 Footnote

“The Corporation is a nonprofit organization and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Corporation is not a private foundation.The Corporations Return of Organization Exempt from Income Tax for the years ended September 30, 2019, 2018, 2017, and 2016 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.”

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IRS990/NetAssetsOrFundBalancesEOYAmt0886639
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/TotalAmt012468
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IRS990/OtherAssetsTotalGrp/BOYAmt029649
IRS990/OtherAssetsTotalGrp/EOYAmt030153
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022816
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt033477
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056293
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1OPERATING AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER BUSINESS EXPENSE
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE RENT FREE UNIT
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111872
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IRS990/OtherExpensesGrp/ProgramServicesAmt1133964
IRS990/OtherExpensesGrp/ProgramServicesAmt27697
IRS990/OtherExpensesGrp/TotalAmt0167253
IRS990/OtherExpensesGrp/TotalAmt1133964
IRS990/OtherExpensesGrp/TotalAmt220305
IRS990/OtherExpensesGrp/TotalAmt311872
IRS990/OtherLiabilitiesGrp/BOYAmt0125282
IRS990/OtherLiabilitiesGrp/EOYAmt0116468
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0101949
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0149588
IRS990/OtherSalariesAndWagesGrp/TotalAmt0251537
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07549
IRS990/PayrollTaxesGrp/ProgramServicesAmt011077
IRS990/PayrollTaxesGrp/TotalAmt018626
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020446
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt029448
IRS990/PrincipalOfficerNm0GEORGE PENNINGTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0LAUNDRY & VENDING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01697
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1939632
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01697
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1939632
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01423
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0558399
IRS990/PYProgramServiceRevenueAmt0920180
IRS990/PYRevenuesLessExpensesAmt044848
IRS990/PYSalariesCompEmpBnftPaidAmt0318356
IRS990/PYTotalExpensesAmt0876755
IRS990/PYTotalRevenueAmt0921603
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt085121
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0941329
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0396307
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0392640
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01369
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01886
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02148
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05403
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0903096
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0878786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0838954
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02620836
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01369
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02148
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05403
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt02620836
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0903096
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0878786
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0838954
IRS990ScheduleA/Total509Grp/TotalAmt02620836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0904465
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0880672
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0841102
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02626239
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0685732
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01588734
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02274466
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0111334
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0111334
IRS990ScheduleD/ExpensesSubtotalAmt0860427
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt097373
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt097373
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt064273
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02216
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt066489
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08657
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019006
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027663
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086315
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0945548
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation is a nonprofit organization and is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The Corporation is not a private foundation.The Corporations Return of Organization Exempt from Income Tax for the years ended September 30, 2019, 2018, 2017, and 2016 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalExpensesPerForm990Amt0860427
IRS990ScheduleD/TotalLiabilityAmt0116468
IRS990ScheduleD/TotalRevenuePerForm990Amt0945548
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0945548
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0860427
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATED ACCOUNTING AND PAYROLL DUTIES TO A MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN ELECTRONIC COPY IS SENT TO THE BOARD OF DIRECTORS BY EMAIL FOR REVIEW PRIOR TO THE PRESIDENT SIGNATURE AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE AT THE MANAGING AGENTS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART X, LINES 27-29: NET ASSETSThe organization has adopted the principles of FASB ASU No. 2016-14 (ASC 958) for its audited financial statements for the year ended September 30, 2019. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. We have included the net asset categories in our audited financial statements on existing Form 990, Part X, Lines 27-29 as follows:Net assets without donor restrictions $886,639Net assets with donor restrictions $0Total net assets $886,639Unrestricted net assets $886,639Temporarily restricted net assets $0Permanently restricted net assets $0Total net assets $886,639
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART X, LINES 27-29: NET ASSETS
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,407,139
Liabilities
$520,500
Net assets
$886,639
Revenue
$945,548
Expenses
$860,427
Net income
$85,121
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.53$0.31$1.22$1.15$1.00$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.35$1.07$1.13$1.09$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.44$0.40$1.03$1.00$1.03$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.53$0.46$1.07$1.00$0.94$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.49$0.49$1.00$0.98$0.86$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.41$0.52$0.89$0.95$0.86$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.35$0.55$0.80$0.92$0.88$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.36$0.60$0.76$0.90$0.81$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.31$0.64$0.67$0.88$0.84$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.74$0.63$0.84$0.74$0.10
2014Summary only. Only limited summary data is available for this year.$1.23$0.71$0.52$0.82$0.76$0.06
2013Summary only. Only limited summary data is available for this year.$1.20$0.74$0.46$0.80$0.71$0.09
2012Summary only. Only limited summary data is available for this year.$1.10$0.74$0.37$0.84$0.71$0.13
2011Summary only. Only limited summary data is available for this year.$1.02$0.78$0.24$0.83$0.72$0.10