Civic Intelligence

Solar Community Housing Association

990 • Fiscal year 2015 • EIN 94-2612564

Oct 01, 2014 to Sep 30, 2015 • Filed on May 15, 2016

715 6th StreetDavis, CA 95616

(408) 482-2541

Siviq Scores

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

Liabilities / Assets

84th percentile

0.52x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

2.07x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

25th percentile

-6.6%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

23rd percentile

-6.1%

Faster asset growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-21%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$948,705

Down $61,631 (-6.1%) from 2014

Net Assets

Down

$454,562

Down $15,676 (-3.3%) from 2014

Liabilities

Down

$494,143

Down $45,955 (-8.5%) from 2014

Revenue

Down

$238,691

Down $63,056 (-21%) from 2014

Expenses

Up

$254,367

Up $27,676 (+12%) from 2014

Net Income

Down

-$15,676

Down $90,732 (-121%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $254,365Liabilities 2010: $2,450Net Assets 2010: $251,9152010Assets 2011: $752,993Liabilities 2011: $470,047Net Assets 2011: $282,9462011Assets 2012: $857,722Liabilities 2012: $609,412Net Assets 2012: $248,3102012Assets 2013: $975,961Liabilities 2013: $580,779Net Assets 2013: $395,1822013Assets 2014: $1,010,336Liabilities 2014: $540,098Net Assets 2014: $470,2382014Assets 2015: $948,705Liabilities 2015: $494,143Net Assets 2015: $454,5622015Assets 2016: $1,125,984Liabilities 2016: $674,666Net Assets 2016: $451,3182016Assets 2017: $1,171,153Liabilities 2017: $670,368Net Assets 2017: $500,7852017Assets 2018: $1,170,823Liabilities 2018: $663,443Net Assets 2018: $507,3802018Assets 2019: $1,179,903Liabilities 2019: $653,915Net Assets 2019: $525,9882019Assets 2020: $1,329,211Liabilities 2020: $778,235Net Assets 2020: $550,9762020Assets 2021: $1,273,701Liabilities 2021: $784,463Net Assets 2021: $489,2382021Assets 2022: $1,257,292Liabilities 2022: $772,160Net Assets 2022: $485,1322022Assets 2023: $1,259,805Liabilities 2023: $775,560Net Assets 2023: $484,2452023Assets 2024: $1,307,971Liabilities 2024: $768,873Net Assets 2024: $539,0982024

Highlighted filing

2015

Assets$948,705
Liabilities$494,143
Net Assets$454,562

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $61,304Expenses 2010: $37,999Net Income 2010: $23,3052010Revenue 2011: $77,465Expenses 2011: $46,434Net Income 2011: $31,0312011Expenses 2012: $258,1812012Expenses 2013: $201,0172013Revenue 2014: $301,747Expenses 2014: $226,691Net Income 2014: $75,0562014Revenue 2015: $238,691Expenses 2015: $254,367Net Income 2015: -$15,6762015Revenue 2016: $409,704Expenses 2016: $413,348Net Income 2016: -$3,6442016Revenue 2017: $435,633Expenses 2017: $386,166Net Income 2017: $49,4672017Revenue 2018: $461,601Expenses 2018: $459,122Net Income 2018: $2,4792018Revenue 2019: $461,027Expenses 2019: $442,419Net Income 2019: $18,6082019Revenue 2020: $488,521Expenses 2020: $464,481Net Income 2020: $24,0402020Revenue 2021: $487,807Expenses 2021: $549,545Net Income 2021: -$61,7382021Revenue 2022: $590,619Expenses 2022: $594,725Net Income 2022: -$4,1062022Revenue 2023: $608,395Expenses 2023: $609,325Net Income 2023: -$9302023Revenue 2024: $699,308Expenses 2024: $644,455Net Income 2024: $54,8532024

Highlighted filing

2015

Revenue$238,691
Expenses$254,367
Net Income-$15,676
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
May 15, 2016
Return Version
2014v6.0
Gross Receipts
$238,691
Mission and Program Overview

Mission

Scha is committed to providing low-income cooperative housing that works to confront and critique systems of opression through ecological awareness, inclusive self-governance and alternative economic models.

We encourage and create community and respect for environment through affordable, cooperative housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$950,033$870,043▼ $79,990
Savings and Temporary Cash Investments$49,453$61,110▲ $11,657
Cash and Non-Interest-Bearing Accounts$10,850$17,552▲ $6,702
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,010,336$948,705▼ $61,631
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$519,769$474,946▼ $44,823
Other Liabilities$17,813$17,001▼ $812
Accounts Payable and Accrued Expenses$2,516$2,196▼ $320
Total Liabilities$540,098$494,143▼ $45,955
Net Assets / Fund Balance
Unrestricted Net Assets$470,238$454,562▼ $15,676
Total Net Assets Fund Balance$470,238$454,562▼ $15,676
Total Liabilities and Net Assets / Fund Balance$1,010,336$948,705▼ $61,631

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$555,777$328,530$884,307
Leasehold Improvements$262,752$110,926$373,678
Land$50,000-$50,000
Equipment$1,514$8,966$10,480
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$11,500
Program Service Revenue
$226,683
Investment Income
$17
Other Revenue
$491
All Other Contributions
$11,500
Change in Net Assets
$-15,676
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,880
Salaries, Compensation, and Employee Benefits$33,487
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$79,990--$79,990
Interest$31,464--$31,464
Other Salaries and Wages$25,262$3,714-$28,976
Fees for Services Other$24,758$700-$25,458
Payments to Affiliates$14,890--$14,890
Insurance$11,477$1,966-$13,443
Fees for Services Accounting$4,980$6,630-$11,610
Travel$5,223$917-$6,140
Payroll Taxes$2,893$415-$3,308
Other Expenses$819$1,323-$2,142
Other Employee Benefits$935$268-$1,203
Office Expenses$392$439-$831
All Other Expenses$667$50-$717
Fees for Services Legal$450--$450
Information Technology$42$41-$83
Total Functional Expenses$237,904$16,463$0$254,367
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
Security Deposits Payable$17,001
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
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 6: Explanation of Classes of Members or Shareholder

All residents are members of the association.

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

The treasurer receives an electronic copy of the form 990 to review as soon as it is prepared. When the treasurer approves the return, they sign the form 8879eo to authorize the preparer to file the form electronically.

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

Documents are available to members on the website. Other interested parties can request a copy from the secretary and one will be provided.

Filing and Contact Details

Filer

Filer Name
Solar Community Housing Association
EIN
94-2612564
Phone
4084822541
Address
715 6TH STREET, DAVIS, CA 95616

Signing Officer

Name
Michelle Sonoda
Title
Current Treasurer
Signed
2016-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katie Fyhrie
Formed
1979
Legal Domicile
CA
Voting Board Members
31
Independent Board Members
31
Employees
4
Volunteers
50

Preparer

Firm
Pamela A Mainini CPA
Address
1105 Kennedy Pl Ste 2, Davis, CA 95616
Preparer
Pamela a Mainini CPA
Phone
5307583653
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IRS990/Desc0PROVIDE LOW-INCOME HOUSING TO PEOPLE LIVING IN DAVIS, CALIFORNIA, WHILE FURTHERING THE PRINCIPLES OF COOPERATION AND PROMOTING ENVIRONMENTALLY SUSTAINABLE LIFESTYLES.THE CORPORATION OWNS THREE RENTAL HOUSING UNITS, PROVIDING HOUSING TO APPROXIMATELY 24 INDIVIDUALS, AND LEASES THE BAGGINS END DOMES ON THE UC DAVIS CAMPUS, WHICH HOUSES 26 INDIVIDUALS. IN APRIL OF 2015 THE BOARD SIGNED A TWENTY YEAR GROUND LEASE WITH UC DAVIS FOR THE TRI-COOPERATIVES ON CAMPUS. THESE THREE HOUSES OFFICIALLY BECAME PART OF SCHA ON SEPTEMBER 1, 2015 AND NEARLY DOUBLED THE NUMBER OF RESIDENT MEMBERS. IN ADDITION, THE COOPERATIVE HAS SUCCESSFULLY RENOVATED THE DOMES WHICH ARE SERVING AS A UNIQUE STUDENT HOUSING COOPERATIVE.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.31$0.77$0.54$0.70$0.64$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.26$0.78$0.48$0.61$0.61$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.77$0.49$0.59$0.59$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.78$0.49$0.49$0.55$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.78$0.55$0.49$0.46$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.18$0.65$0.53$0.46$0.44$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.66$0.51$0.46$0.46$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.67$0.50$0.44$0.39$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.13$0.67$0.45$0.41$0.41$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.95$0.49$0.45$0.24$0.25$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.54$0.47$0.30$0.23$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.58$0.40$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.61$0.25$0.26
2011Summary only. Only limited summary data is available for this year.$0.75$0.47$0.28$0.08$0.05$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.00$0.25$0.06$0.04$0.02