Civic Intelligence

Goleta Valley Housing Committee

990 • Fiscal year 2016 • EIN 95-2599719

Mar 01, 2015 to Feb 29, 2016 • Filed on Jun 14, 2016

3533 Empleo StreetSan Luis Obispo, CA 93401

(805) 781-3088

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

100th percentile

1213%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

100th percentile

2326%

Faster revenue growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$22,701,151

Up $20,972,190 (+1213%) from 2015

Net Assets

Up

$22,693,391

Up $21,042,744 (+1275%) from 2015

Liabilities

Down

$7,760

Down $70,554 (-90%) from 2015

Revenue

Up

$21,597,724

Up $20,707,315 (+2326%) from 2015

Expenses

Down

$554,980

Down $108,311 (-16%) from 2015

Net Income

Up

$21,042,744

Up $20,815,626 (+9165%) from 2015

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $1,433,421Liabilities 2011: $261,597Net Assets 2011: $1,171,8242011Assets 2012: $1,451,134Liabilities 2012: $150,924Net Assets 2012: $1,300,2102012Assets 2013: $1,523,531Liabilities 2013: $126,443Net Assets 2013: $1,397,0882013Assets 2014: $1,554,443Liabilities 2014: $130,914Net Assets 2014: $1,423,5292014Assets 2015: $1,728,961Liabilities 2015: $78,314Net Assets 2015: $1,650,6472015Assets 2016: $22,701,151Liabilities 2016: $7,760Net Assets 2016: $22,693,3912016Assets 2017: $22,854,387Liabilities 2017: $7,760Net Assets 2017: $22,846,6272017

Highlighted filing

2016

Assets$22,701,151
Liabilities$7,760
Net Assets$22,693,391

Operations Trend

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

$30M$20M$10M$0Expenses 2011: $918,4622011Revenue 2012: $969,835Expenses 2012: $841,449Net Income 2012: $128,3862012Revenue 2013: $936,181Expenses 2013: $839,303Net Income 2013: $96,8782013Revenue 2014: $931,113Expenses 2014: $904,672Net Income 2014: $26,4412014Revenue 2015: $890,409Expenses 2015: $663,291Net Income 2015: $227,1182015Revenue 2016: $21,597,724Expenses 2016: $554,980Net Income 2016: $21,042,7442016Revenue 2017: $153,967Expenses 2017: $731Net Income 2017: $153,2362017

Highlighted filing

2016

Revenue$21,597,724
Expenses$554,980
Net Income$21,042,744
Jump To
Filing Snapshot
Filing Period
Mar 1, 2015 to Feb 29, 2016
Signed
Jun 14, 2016
Return Version
2015v2.0
Gross Receipts
$21,597,724
Mission and Program Overview

Mission

Provide affordable housing and programs leading to self-sufficiency for low-income families, seniors, and other special needs groups on California's Central Coast.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$12,446,515-
Land, Buildings, and Equipment, Net$854,904$0▼ $854,904
Cash and Non-Interest-Bearing Accounts$341,380$149,244▼ $192,136
Accounts Receivable$14,097$0▼ $14,097
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$1,728,961$22,701,151▲ $20,972,190
Other Assets Total$518,580$10,105,392▲ $9,586,812
Liabilities
Other Liabilities$39,946--
Accounts Payable and Accrued Expenses$32,419$7,760▼ $24,659
Deferred Revenue$5,949--
Total Liabilities$78,314$7,760▼ $70,554
Net Assets / Fund Balance
Unrestricted Net Assets$1,172,012$22,693,391▲ $21,521,379
Temporarily Rstr Net Assets$478,635--
Total Net Assets Fund Balance$1,650,647$22,693,391▲ $21,042,744
Total Liabilities and Net Assets / Fund Balance$1,728,961$22,701,151▲ $20,972,190

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$10,105,392--
Compensation and Service Providers

Board Members and Trustees

NameTitle
David K GustafsonChairman
Dieter E EckertVice Chair
B Ray GateleyDirector
Chuck StacyDirector
Karol SchulkinDirector
Paula JohnsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$208,541
Program Service Revenue
$424,369
Investment Income
$2,806
Other Revenue
$20,962,008
Change in Net Assets
$21,042,744

Audited Revenue Reconciliation

Revenue per Audited Statements
$21,597,724
Total Revenue per Audited Statements
$21,597,724
Total Revenue per Form 990
$21,597,724
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$384,495
Salaries, Compensation, and Employee Benefits$170,485
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$129,885--$129,885
Depreciation Depletion$73,740--$73,740
All Other Expenses$58,962--$58,962
Fees for Services Management$47,250--$47,250
Other Employee Benefits$30,628--$30,628
Other Expenses$25,032--$25,032
Insurance$15,801--$15,801
Fees for Services Accounting$10,500--$10,500
Payroll Taxes$9,972--$9,972
Fees for Services Other$8,850--$8,850
Office Expenses$6,985--$6,985
Advertising$125--$125
Fees for Services Legal$60--$60
Total Functional Expenses$554,980$0$0$554,980

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$554,980
Total Expenses per Audited Statements$554,980
Total Expenses per Form 990$554,980
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-
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

The president and cheif financial officer review the tax return prior to it being filed.

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

Available upon request

Filing and Contact Details

Filer

Filer Name
Goleta Valley Housing Committee
EIN
95-2599719
Phone
8057813088
Address
3533 Empleo Street, San Luis Obispo, CA 93401

Signing Officer

Name
John Fowler
Title
CEO
Signed
2016-06-14
Discuss with paid preparer
Yes

Organization Details

Formed
1969
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Moss Levy & Hartzheim LLP
Address
2400 Professional Parkway Suite 205, Santa Maria, CA 93455
Preparer
Ron Levy CPA
Phone
8059252579
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E: Other Expenses

Contracts: Column (A) - Total = $16338; Column (B) - Program Services = $16338; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous Admin: Column (A) - Total = $17932; Column (B) - Program Services = $17932; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Miscellaneous tax and ins: Column (A) - Total = $211; Column (B) - Program Services = $211; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Real Estate Tax: Column (A) - Total = $5085; Column (B) - Program Services = $5085; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Security: Column (A) - Total = $1809; Column (B) - Program Services = $1809; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Supplies: Column (A) - Total = $1577; Column (B) - Program Services = $1577; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E: Other Expenses

Workers Compensation: Column (A) - Total = $16010; Column (B) - Program Services = $16010; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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IRS990/PYTotalExpensesAmt0663291
IRS990/PYTotalRevenueAmt0890409
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt021042744
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012446515
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0208541
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0267154
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0252798
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0728493
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02806
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0531
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0201
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01199
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0719
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05456
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0436390
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0622724
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0659859
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0914202
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0906783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03539958
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02806
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0531
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01199
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0719
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05456
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt020949987
IRS990ScheduleA/OtherIncome509Grp/TotalAmt020949987
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.16920
IRS990ScheduleA/PublicSupportPY509Pct00.99900
IRS990ScheduleA/PublicSupportTotal509Amt04268451
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0644931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0889878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0912657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0914202
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0906783
IRS990ScheduleA/Total509Grp/TotalAmt04268451
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt021597724
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0890409
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0912858
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0915401
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0907502
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt025223894
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0554980
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010105392
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0NOTE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Restricted Cash
IRS990ScheduleD/RevenueSubtotalAmt021597724
IRS990ScheduleD/TotalBookValueOtherAssetsAmt010105392
IRS990ScheduleD/TotalExpensesPerForm990Amt0554980
IRS990ScheduleD/TotalRevenuePerForm990Amt021597724
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt021597724
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0554980
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The president and cheif financial officer review the tax return prior to it being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Contracts: Column (A) - Total = $16338; Column (B) - Program Services = $16338; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Miscellaneous Admin: Column (A) - Total = $17932; Column (B) - Program Services = $17932; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Miscellaneous tax and ins: Column (A) - Total = $211; Column (B) - Program Services = $211; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Real Estate Tax: Column (A) - Total = $5085; Column (B) - Program Services = $5085; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Security: Column (A) - Total = $1809; Column (B) - Program Services = $1809; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Supplies: Column (A) - Total = $1577; Column (B) - Program Services = $1577; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Workers Compensation: Column (A) - Total = $16010; Column (B) - Program Services = $16010; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e: Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e: Other Expenses
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0478635
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01728961
IRS990/TotalAssetsEOYAmt022701151
IRS990/TotalAssetsGrp/BOYAmt01728961
IRS990/TotalAssetsGrp/EOYAmt022701151
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0208541
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0554980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0554980
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt078314
IRS990/TotalLiabilitiesEOYAmt07760
IRS990/TotalLiabilitiesGrp/BOYAmt078314
IRS990/TotalLiabilitiesGrp/EOYAmt07760
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01650647
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt022693391
IRS990/TotalProgramServiceExpensesAmt0554980
IRS990/TotalProgramServiceRevenueAmt0424369
IRS990/TotalRevenueGrp/ExclusionAmt02806
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021386377
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt021597724
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01728961
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022701151

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