Civic Intelligence

Abag Finance Corporation

EIN 94-2975282 • 501(c)4 • San Francisco, CA

Profile

On behalf of member city and county governments, issue certificates of participation to private investors to finance property. Participants included in credit pooling arrangements become lessee of property.

375 Beale Street 800San Francisco, CA 94105-2066

www.abag.ca.gov

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

3rd percentile

-815%

Higher net margin than 3% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

25th percentile

-24%

Faster asset growth than 25% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$12,952

Down $2,575 (-17%) from 2022

Liabilities

Up

$50

Up $50 from 2022

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue61st percentileNet Margin3rd percentile

Revenue

Flat

$0

Flat from 2022

Expenses

Up

$2,625

Up $50 (+1.9%) from 2022

Net Income

Down

-$2,625

Down $50 (-1.9%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2011: $51,641Liabilities 2011: $0Net Assets 2011: $51,6412011Assets 2012: $44,482Liabilities 2012: $0Net Assets 2012: $44,4822012Assets 2013: $39,857Liabilities 2013: $0Net Assets 2013: $39,8572013Assets 2014: $34,559Net Assets 2014: $34,5592014Assets 2015: $32,620Liabilities 2015: $1,6642015Assets 2016: $27,453Liabilities 2016: $453Net Assets 2016: $27,0002016Assets 2017: $25,954Net Assets 2017: $25,9542017Assets 2018: $25,391Liabilities 2018: $0Net Assets 2018: $25,3912018Assets 2019: $22,536Liabilities 2019: $0Net Assets 2019: $22,5362019Assets 2020: $19,966Liabilities 2020: $0Net Assets 2020: $19,9662020Assets 2021: $18,102Liabilities 2021: $02021Assets 2022: $15,527Liabilities 2022: $0Net Assets 2022: $15,5272022Assets 2023: $12,952Liabilities 2023: $502023

Highlighted filing

2023

Assets$12,952
Liabilities$50
Net Assets-
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10K$5.0K$0-$5.0K-$10KRevenue 2011: $699Expenses 2011: $8,167Net Income 2011: -$7,4682011Revenue 2012: $549Expenses 2012: $7,708Net Income 2012: -$7,1592012Revenue 2013: $31Expenses 2013: $4,656Net Income 2013: -$4,6252013Revenue 2014: $525Expenses 2014: $5,823Net Income 2014: -$5,2982014Revenue 2015: $226Expenses 2015: $3,829Net Income 2015: -$3,6032015Revenue 2016: $186Expenses 2016: $4,142Net Income 2016: -$3,9562016Revenue 2017: $146Expenses 2017: $1,192Net Income 2017: -$1,0462017Revenue 2018: $87Expenses 2018: $650Net Income 2018: -$5632018Revenue 2019: $55Expenses 2019: $2,910Net Income 2019: -$2,8552019Revenue 2020: $0Expenses 2020: $2,570Net Income 2020: -$2,5702020Revenue 2021: $11Expenses 2021: $1,875Net Income 2021: -$1,8642021Revenue 2022: $0Expenses 2022: $2,575Net Income 2022: -$2,5752022Revenue 2023: $0Expenses 2023: $2,625Net Income 2023: -$2,6252023

Highlighted filing

2023

Revenue$0
Expenses$2,625
Net Income-$2,625
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$12,952
Liabilities
$50
Net assets
-
Revenue
$0
Expenses
$2,625
Net income
-$2,625
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$13.0$0.05$0.00$2.63$2.63
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$0.00$15.5$0.00$2.58$2.58
2021Summary only. Only limited summary data is available for this year.$18.1$0.00$0.01$1.88$1.86
2020Detailed filing. Detailed filing data is available for this year.$20.0$0.00$20.0$0.00$2.57$2.57
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.5$0.00$22.5$0.06$2.91$2.86
2018Detailed filing. Detailed filing data is available for this year.$25.4$0.00$25.4$0.09$0.65$0.56
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.0$26.0$0.15$1.19$1.05
2016Detailed filing. Detailed filing data is available for this year.$27.5$0.45$27.0$0.19$4.14$3.96
2015Summary only. Only limited summary data is available for this year.$32.6$1.66$0.23$3.83$3.60
2014Detailed filing. Detailed filing data is available for this year.$34.6$34.6$0.53$5.82$5.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.9$0.00$39.9$0.03$4.66$4.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$0.00$44.5$0.55$7.71$7.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.6$0.00$51.6$0.70$8.17$7.47
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 26, 2021
Return Version
2019v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

On behalf of member city and county governments, issue certificates of participation to private investors to finance property. Participants included in credit pooling arrangements become lessee of property.

Program Services

DescriptionGrantsExpenses
NO NEW FINANCING TRANSACTIONS AND NO PROGRAM ACTIVITIES IN FISCAL YEAR 2020.$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN MITCHOFFChairman-$0--
DAVE CORTESEBoard Member-$0--
SCOTT HAGGERTYBoard Member-$0--
ERIN HANNIGANVice Chair-$0--
JULIE PIERCEBoard Member-$0--
CINDY CHAVEZBoard Member-$0--
THERESE MCMILLANPresident-$0--
BRIAN MAYHEWCFO-$0--
CATHERINE CAMSecretary-$0--
JESSE ARREGUINBoard Member-$0--
DAVID RABBITTBoard Member-$0--
BELIA RAMOSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Abag Finance Corporation
EIN
94-2975282
Phone
4157786730
Address
375 BEALE STREET 800, SAN FRANCISCO, CA 94105-2066

Signing Officer

Name
Brian Mayhew
Title
CFO
Phone
4157786730
Signed
2021-01-26
Discuss with paid preparer
Yes

Preparer

Firm
MACIAS GINI & O'CONNELL LLP
Address
500 CAPITOL MALL SUITE 2200, SACRAMENTO, CA 95814
Preparer
Prudence Pugeda
Phone
9169284600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: miscellaneous. Amount: 70.”

Raw XML Appendix158 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRIAN MAYHEW
IRS990EZ/BooksInCareOfDetail/PhoneNum04157786730
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0375 BEALE STREET STE 800
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0941052066
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt022536
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019966
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-2570
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02500
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt022536
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019966
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt022536
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019966
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt022536
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019966
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN MITCHOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVE CORTESE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SCOTT HAGGERTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERIN HANNIGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JULIE PIERCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CINDY CHAVEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6THERESE MCMILLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BRIAN MAYHEW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CATHERINE CAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JESSE ARREGUIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10DAVID RABBITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11BELIA RAMOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt070
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ON BEHALF OF MEMBER CITY AND COUNTY GOVERNMENTS, ISSUE CERTIFICATES OF PARTICIPATION TO PRIVATE INVESTORS TO FINANCE PROPERTY. PARTICIPANTS INCLUDED IN CREDIT POOLING ARRANGEMENTS BECOME LESSEE OF PROPERTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NO NEW FINANCING TRANSACTIONS AND NO PROGRAM ACTIVITIES IN FISCAL YEAR 2020.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02570
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ABAG.CA.GOV/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS. AMOUNT: 70.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN MAYHEW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum04157786730
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABAG FINANCE CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ABAG
ReturnHeader/Filer/EIN0942975282
ReturnHeader/Filer/PhoneNum04157786730
ReturnHeader/Filer/USAddress/AddressLine1Txt0375 BEALE STREET 800
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0941052066
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0680300457
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MACIAS GINI & O'CONNELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 CAPITOL MALL SUITE 2200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SACRAMENTO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095814
ReturnHeader/PreparerPersonGrp/PhoneNum09169284600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PRUDENCE PUGEDA
ReturnHeader/ReturnTs02021-02-13T17:16:14-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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