Civic Intelligence

Friendly Valley Recreational Association Inc

990 • Fiscal year 2020 • EIN 95-2543126

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 29, 2021

19345 Avenue Of The OaksNewhall, CA 91321

(661) 252-3223

Siviq Scores

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

Liabilities / Assets

44th percentile

0.16x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

0.16x

Higher debt load relative to revenue than 34% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Asset Growth

88th percentile

15%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

92nd percentile

24%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,806,245

Up $376,214 (+15%) from 2019

Net Assets

Up

$2,368,744

Up $21,181 (+0.9%) from 2019

Liabilities

Up

$437,501

Up $355,033 (+431%) from 2019

Revenue

Up

$2,678,013

Up $512,748 (+24%) from 2019

Expenses

Up

$2,333,989

Up $146,595 (+6.7%) from 2019

Net Income

Up

$344,024

Up $366,153 (+1655%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,855,802Liabilities 2010: $68,627Net Assets 2010: $1,787,1752010Assets 2011: $1,910,660Liabilities 2011: $61,530Net Assets 2011: $1,849,1302011Assets 2012: $2,025,347Liabilities 2012: $81,370Net Assets 2012: $1,943,9772012Assets 2013: $2,187,667Liabilities 2013: $80,508Net Assets 2013: $2,107,1592013Assets 2014: $2,243,296Liabilities 2014: $66,795Net Assets 2014: $2,176,5012014Assets 2015: $2,272,370Liabilities 2015: $40,638Net Assets 2015: $2,231,7322015Assets 2016: $2,298,150Liabilities 2016: $76,928Net Assets 2016: $2,221,2222016Assets 2017: $2,396,512Liabilities 2017: $42,753Net Assets 2017: $2,353,7592017Assets 2018: $2,425,172Liabilities 2018: $71,824Net Assets 2018: $2,353,3482018Assets 2019: $2,430,031Liabilities 2019: $82,468Net Assets 2019: $2,347,5632019Assets 2020: $2,806,245Liabilities 2020: $437,501Net Assets 2020: $2,368,7442020Assets 2021: $3,145,526Liabilities 2021: $416,390Net Assets 2021: $2,729,1362021Assets 2022: $2,895,088Liabilities 2022: $2,093,609Net Assets 2022: $801,4792022Assets 2023: $2,486,073Liabilities 2023: $2,015,503Net Assets 2023: $470,5702023Assets 2024: $2,644,472Liabilities 2024: $1,704,536Net Assets 2024: $939,9362024

Highlighted filing

2020

Assets$2,806,245
Liabilities$437,501
Net Assets$2,368,744

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,763,7422010Expenses 2011: $1,822,5082011Expenses 2012: $1,900,5962012Revenue 2013: $1,963,307Expenses 2013: $1,798,199Net Income 2013: $165,1082013Revenue 2014: $1,970,228Expenses 2014: $1,903,070Net Income 2014: $67,1582014Revenue 2015: $2,176,899Expenses 2015: $2,121,155Net Income 2015: $55,7442015Revenue 2016: $2,097,483Expenses 2016: $2,107,993Net Income 2016: -$10,5102016Revenue 2017: $2,140,900Expenses 2017: $2,008,363Net Income 2017: $132,5372017Revenue 2018: $2,294,998Expenses 2018: $2,190,045Net Income 2018: $104,9532018Revenue 2019: $2,165,265Expenses 2019: $2,187,394Net Income 2019: -$22,1292019Revenue 2020: $2,678,013Expenses 2020: $2,333,989Net Income 2020: $344,0242020Revenue 2021: $2,230,181Expenses 2021: $2,148,056Net Income 2021: $82,1252021Revenue 2022: $2,537,937Expenses 2022: $2,726,497Net Income 2022: -$188,5602022Revenue 2023: $2,541,609Expenses 2023: $2,872,518Net Income 2023: -$330,9092023Revenue 2024: $2,548,201Expenses 2024: $2,558,740Net Income 2024: -$10,5392024

Highlighted filing

2020

Revenue$2,678,013
Expenses$2,333,989
Net Income$344,024
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 29, 2021
Return Version
2020v4.0
Gross Receipts
$2,678,013
Mission and Program Overview

Mission

Housing assocation suuprt

To maintain and preserve the recreational facilities and common areas of the association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,837,000$1,640,389▼ $196,611
Land, Buildings, and Equipment, Net$422,732$769,801▲ $347,069
Cash and Non-Interest-Bearing Accounts$117,894$262,917▲ $145,023
Accounts Receivable$34,889$115,569▲ $80,680
Prepaid Expenses and Deferred Charges$17,263$17,310▲ $47
Total Assets$2,430,031$2,806,245▲ $376,214
Other Assets Total$253$259▲ $6
Liabilities
Other Liabilities$48,791$397,512▲ $348,721
Accounts Payable and Accrued Expenses$33,677$39,989▲ $6,312
Total Liabilities$82,468$437,501▲ $355,033
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,801,446$1,604,514▼ $196,932
Net Assets Without Donor Restrictions$546,117$764,230▲ $218,113
Total Net Assets Fund Balance$2,347,563$2,368,744▲ $21,181
Total Liabilities and Net Assets / Fund Balance$2,430,031$2,806,245▲ $376,214

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$374,082$27,794$401,876
Land$320,900-$320,900
Other Land Buildings$50,614$163,267$213,881
Buildings$24,205$90,931$115,136
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ruth GauthierPresident
Gary SimpsonDirector
Rosanne CrawfordSecretary
Anat ZeelimTreasurer
Michael FennickVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Precise Air SystemsHvac-electricalPO BOX 39609, Los Angeles, CA 90039$284,600
Western Golf PropertiesMaintenance1 SPECTRUM POINTE DRIVE 310, Lake Forest, CA 92630$237,265
All-pro Landscape ManagementLandscape26841 RUETHER AVENUE J, Santa Clarita, CA 91351$168,237
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,449,599
Investment Income
$15,014
Other Revenue
$213,400
Change in Net Assets
$344,024

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,678,013
Total Revenue per Audited Statements
$2,678,013
Total Revenue per Form 990
$2,678,013
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,455,538
Salaries, Compensation, and Employee Benefits$878,451
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$878,451--$878,451
All Other Expenses$277,958$25,611-$303,569
Other Expenses$142,832--$142,832
Office Expenses-$114,250-$114,250
Depreciation Depletion$32,807--$32,807
Insurance-$31,107-$31,107
Interest-$10,895-$10,895
Fees for Services Legal-$8,887-$8,887
Fees for Services Accounting-$3,485-$3,485
Total Functional Expenses$2,139,754$194,235$0$2,333,989

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,333,989
Total Expenses per Audited Statements$2,333,989
Total Expenses per Form 990$2,333,989
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Solar Equipment Lease$342,034
Refundable Deposits$39,200
Income Taxes Payable$16,278
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
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, Page 6, Part VI, Line 6

MEMBERS

Form 990, Page 6, Part VI, Line 7A

YES

Form 990, Page 6, Part VI, Line 11B

An independent cpa prepares the tax returns based upon financial statements that were approved by the board.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Friendly Valley Recreation Assoc
EIN
95-2543126
Phone
6612523223
Address
19345 AVENUE OF THE OAKS, NEWHALL, CA 91321

Signing Officer

Name
Ruth Gauthier
Title
President
Phone
6612523223
Signed
2021-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ruth Gauthier
Formed
1966
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
38

Preparer

Firm
Vanderpol and Company
Address
151 KALMUS DR STE M3A, COSTA MESA, CA 92626-7934
Preparer
Catherine Vanderpol CPA
Phone
7144371025
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Janitorial serv/supplies 76,439 0 0 roof repairs 75,531 0 0 security and related 31,771 0 0 pool service/supplies 31,334 0 0 income taxes 0 22,127 0 common area maintenance 11,301 0 0 bridges 9,000 0 0 electrical/lighting 8,088 0 0 hobby room maint/supplies 7,911 0 0 windows 7,861 0 0 concrete work 7,742 0 0 flooring 5,230 0 0 other professional fees 0 3,484 0 golf course 3,250 0 0 plumbing 2,500 0 0 total 277,958 25,611 0

Form 990, Part XI, Line 9

Exempt membership adj. -322,843

Raw XML Appendix359 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.

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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02449599
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01837000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01640389
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt024205
IRS990ScheduleD/BuildingsGrp/DepreciationAmt090931
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0115136
IRS990ScheduleD/EquipmentGrp/BookValueAmt0374082
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027794
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0401876
IRS990ScheduleD/ExpensesSubtotalAmt02333989
IRS990ScheduleD/LandGrp/BookValueAmt0320900
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0320900
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt050614
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0163267
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0213881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0342034
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt139200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt216278
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SOLAR EQUIPMENT LEASE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2INCOME TAXES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt02678013
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0769801
IRS990ScheduleD/TotalExpensesPerForm990Amt02333989
IRS990ScheduleD/TotalLiabilityAmt0397512
IRS990ScheduleD/TotalRevenuePerForm990Amt02678013
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02678013
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02333989
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN INDEPENDENT CPA PREPARES THE TAX RETURNS BASED UPON FINANCIAL STATEMENTS THAT WERE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JANITORIAL SERV/SUPPLIES 76,439 0 0 ROOF REPAIRS 75,531 0 0 SECURITY AND RELATED 31,771 0 0 POOL SERVICE/SUPPLIES 31,334 0 0 INCOME TAXES 0 22,127 0 COMMON AREA MAINTENANCE 11,301 0 0 BRIDGES 9,000 0 0 ELECTRICAL/LIGHTING 8,088 0 0 HOBBY ROOM MAINT/SUPPLIES 7,911 0 0 WINDOWS 7,861 0 0 CONCRETE WORK 7,742 0 0 FLOORING 5,230 0 0 OTHER PROFESSIONAL FEES 0 3,484 0 GOLF COURSE 3,250 0 0 PLUMBING 2,500 0 0 TOTAL 277,958 25,611 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EXEMPT MEMBERSHIP ADJ. -322,843
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02430031
IRS990/TotalAssetsEOYAmt02806245
IRS990/TotalAssetsGrp/BOYAmt02430031
IRS990/TotalAssetsGrp/EOYAmt02806245
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0194235
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02139754
IRS990/TotalFunctionalExpensesGrp/TotalAmt02333989
IRS990/TotalGrossUBIAmt0130434
IRS990/TotalLiabilitiesBOYAmt082468
IRS990/TotalLiabilitiesEOYAmt0437501
IRS990/TotalLiabilitiesGrp/BOYAmt082468
IRS990/TotalLiabilitiesGrp/EOYAmt0437501
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02347563
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02368744
IRS990/TotalProgramServiceExpensesAmt02139754
IRS990/TotalProgramServiceRevenueAmt02449599
IRS990/TotalRevenueGrp/ExclusionAmt062834
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02484745
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02678013
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0130434
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02430031
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02806245
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt019345 AVENUE OF THE OAKS
IRS990/USAddress/CityNm0NEWHALL
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091321
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RUTH GAUTHIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06612523223
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDLY VALLEY RECREATION ASSOC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0952543126
ReturnHeader/Filer/PhoneNum06612523223
ReturnHeader/Filer/USAddress/AddressLine1Txt019345 AVENUE OF THE OAKS
ReturnHeader/Filer/USAddress/CityNm0NEWHALL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091321
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464435702
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VANDERPOL AND COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0151 KALMUS DR STE M3A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COSTA MESA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0926267934
ReturnHeader/PreparerPersonGrp/PhoneNum07144371025
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHERINE VANDERPOL CPA
ReturnHeader/ReturnTs02021-08-09T21:31:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RUTH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GAUTHIER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$1.70$0.94$2.55$2.56$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$2.02$0.47$2.54$2.87$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.90$2.09$0.80$2.54$2.73$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.15$0.42$2.73$2.23$2.15$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.81$0.44$2.37$2.68$2.33$0.34
2019Summary only. Only limited summary data is available for this year.$2.43$0.08$2.35$2.17$2.19$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.07$2.35$2.29$2.19$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.04$2.35$2.14$2.01$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.30$0.08$2.22$2.10$2.11$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.04$2.23$2.18$2.12$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.24$0.07$2.18$1.97$1.90$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.19$0.08$2.11$1.96$1.80$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.08$1.94$1.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.06$1.85$1.82
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.07$1.79$1.76