Civic Intelligence

Phoenix Apartments Inc

990 • Fiscal year 2014 • EIN 94-2783329

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 09, 2015

1850 Gateway Blvd No 90094520

(925) 825-4700

Siviq Scores

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

Liabilities / Assets

77th percentile

0.46x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

3.34x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

92nd percentile

$246,575

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 82.1% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

53rd percentile

2.8%

Faster asset growth than 53% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

32nd percentile

-2.8%

Faster revenue growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Assets

Up

$2,168,581

Up $59,856 (+2.8%) from 2013

Net Assets

Up

$1,165,461

Up $125,437 (+12%) from 2013

Liabilities

Down

$1,003,120

Down $65,581 (-6.1%) from 2013

Revenue

$300,264

No earlier filing loaded for comparison.

Expenses

Down

$174,827

Down $20,031 (-10%) from 2013

Net Income

$125,437

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,938,015Liabilities 2010: $1,253,158Net Assets 2010: $684,8572010Assets 2011: $1,995,164Liabilities 2011: $1,196,325Net Assets 2011: $798,8392011Assets 2012: $2,062,256Liabilities 2012: $1,134,582Net Assets 2012: $927,6742012Assets 2013: $2,108,725Liabilities 2013: $1,068,701Net Assets 2013: $1,040,0242013Assets 2014: $2,168,581Liabilities 2014: $1,003,120Net Assets 2014: $1,165,4612014Assets 2015: $2,416,882Liabilities 2015: $449,685Net Assets 2015: $1,967,1972015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2014

Assets$2,168,581
Liabilities$1,003,120
Net Assets$1,165,461

Operations Trend

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

$1.0M$500K$0Expenses 2010: $192,4292010Expenses 2011: $223,4292011Revenue 2012: $317,729Expenses 2012: $188,894Net Income 2012: $128,8352012Expenses 2013: $194,8582013Revenue 2014: $300,264Expenses 2014: $174,827Net Income 2014: $125,4372014Revenue 2015: $911,607Expenses 2015: $109,871Net Income 2015: $801,7362015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016

Highlighted filing

2014

Revenue$300,264
Expenses$174,827
Net Income$125,437
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 9, 2015
Return Version
2013v4.0
Gross Receipts
$300,264
Mission and Program Overview

Mission

To provide housing facilities and services specially designated to meet the physical, social, and psychological needs, promote health, security, happiness, and usefulness in longer living, for people who have a chronic mental disability.

To provide housing facilities and services specially designated to meet the physical, social and psychological needs, promote health, security, happiness and usefulness in longer living, for people who have a chronic mental disability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,327,670$1,274,306▼ $53,364
Cash and Non-Interest-Bearing Accounts$139,372$119,194▼ $20,178
Prepaid Expenses and Deferred Charges$1,578$1,578→ $0
Total Assets$2,108,725$2,168,581▲ $59,856
Other Assets Total$640,105$773,503▲ $133,398
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,064,458$998,292▼ $66,166
Other Liabilities$3,427$3,427→ $0
Accounts Payable and Accrued Expenses$816$1,401▲ $585
Total Liabilities$1,068,701$1,003,120▼ $65,581
Net Assets / Fund Balance
Unrestricted Net Assets$1,040,024$1,165,461▲ $125,437
Total Net Assets Fund Balance$1,040,024$1,165,461▲ $125,437
Total Liabilities and Net Assets / Fund Balance$2,108,725$2,168,581▲ $59,856

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$831,633$814,349$1,645,982
Land$442,673-$442,673
Equipment$0$91,570$91,570
Other Land Buildings$0$8,607$8,607
Other Assets Org$3,427--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Julie Kestner 081213 - 111013CFO$45,324$45,324
JOSEPH D'ANGINA 041513 - 081513CFO$33,742$33,742

Board Members and Trustees

NameTitle
Ken JacobsonBoard President
Chris WithrowPresident & CEO
David HaubertBoard Vice President
John StimsonBoard Secretary/treasurer
Janice Washburn From March 2014CFO
Craig BellMember
Revenue and Support

Revenue Composition

Contributions and Grants
$95,105
Program Service Revenue
$205,050
Investment Income
$109
Other Revenue
$0
Change in Net Assets
$125,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$169,212
Salaries, Compensation, and Employee Benefits$5,615
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$53,379--$53,379
Depreciation Depletion$53,364--$53,364
Other Expenses$30,565--$30,565
Interest$13,824--$13,824
Fees for Services Accounting$9,214--$9,214
Fees for Services Management$8,046--$8,046
Payroll Taxes$4,311--$4,311
Other Salaries and Wages$1,304--$1,304
Office Expenses$820--$820
Total Functional Expenses$174,827$0$0$174,827
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits and Accrued Interest$3,427
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

California first management associates manages the day to day operations and accounts of phoenix apartments, inc.

Form 990, Part VI, Section A, Line 8B

The organization practice is to have the board approve the decisions on company policies and practices.

Form 990, Part VI, Section B, Line 11

A draft of the 990 is sent to the board of directors for approval before filing.

Form 990, Part VI, Section B, Line 12C

The organization's conflict of interest policy covers the board of directors and management. An annual report is given to the president of the board summarizing any allegtions, investigations, complaints, losses, theft, fraud within the past 12 months and the corrective actions taken.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available upon request.

Form 990, Part VI, Section B, Lines 15A-B

Form 990, part vi, section b, lines 15a-b: no remuneration or compensation is provided to the board of directors or officers.

Filing and Contact Details

Filer

EIN
94-2783329
Phone
9258254700

Signing Officer

Name
Chris Withrow
Title
President/CEO
Phone
9258254700
Signed
2015-04-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Withrow
Formed
1981
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Preparer
Lynn Henley
Phone
9257902600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Form 990, part xii, line 2c: the process has not changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Anka has evaluated its current tax positions and has concluded that as of june 30, 2014, anka does not have any significant uncertain tax positions for which a reserve would be necessary. Consolidated financial statements were prepared for anka behavioral health, inc., ap&h, inc., phoenix apartments, inc, and anka mhsa holding company, llc.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0814349
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01645982
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt091570
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt091570
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0442673
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0442673
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0110984
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1659092
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23427
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08607
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08607
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03427
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS AND ACCRUED INTEREST
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ANKA HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, ANKA DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. CONSOLIDATED FINANCIAL STATEMENTS WERE PREPARED FOR ANKA BEHAVIORAL HEALTH, INC., AP&H, INC., PHOENIX APARTMENTS, INC, AND ANKA MHSA HOLDING COMPANY, LLC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01274306
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0773503
IRS990ScheduleD/TotalLiabilityAmt03427
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0209139
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08144
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt029292
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRIS WITHROW
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0246575
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL COMPENSATION IS FOR WORK CONDUCTED FOR THE RELATED ORGANIZATION AND NOT PHOENIX APARTMENTS. THE FILING ORGANIZATION IS REPORTING INFORMATION BASED ON THE RELATED ORGANIZATION WHICH USED ONE OR MORE OF THE METHODS DESCRIBED IN PART I, LINE 3 TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 2
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CALIFORNIA FIRST MANAGEMENT ASSOCIATES MANAGES THE DAY TO DAY OPERATIONS AND ACCOUNTS OF PHOENIX APARTMENTS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PRACTICE IS TO HAVE THE BOARD APPROVE THE DECISIONS ON COMPANY POLICIES AND PRACTICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 IS SENT TO THE BOARD OF DIRECTORS FOR APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS AND MANAGEMENT. AN ANNUAL REPORT IS GIVEN TO THE PRESIDENT OF THE BOARD SUMMARIZING ANY ALLEGTIONS, INVESTIGATIONS, COMPLAINTS, LOSSES, THEFT, FRAUD WITHIN THE PAST 12 MONTHS AND THE CORRECTIVE ACTIONS TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, PART VI, SECTION B, LINES 15A-B: NO REMUNERATION OR COMPENSATION IS PROVIDED TO THE BOARD OF DIRECTORS OR OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINES 15A-B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10ANKA BEHAVIORAL HEALTH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0942209679
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE BEHAVIORAL HEALTH CARE FACILITIES AND SOCIAL REHABILITATION SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101850 GATEWAY BLVD SUITE 900
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0CONCORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode094520
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02108725
IRS990/TotalAssetsEOYAmt02168581
IRS990/TotalAssetsGrp/BOYAmt02108725
IRS990/TotalAssetsGrp/EOYAmt02168581
IRS990/TotalCompGreaterThan150KInd01
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0174827
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01068701
IRS990/TotalLiabilitiesEOYAmt01003120

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