Civic Intelligence

Tierra Del Sol Foundation

990 • Fiscal year 2018 • EIN 95-2671260

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 11, 2018

9919 Sunland BlvdSunland, CA 91040

(818) 352-1419

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.23x

Higher debt load relative to assets than 52% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

33rd percentile

0.11x

Higher debt load relative to revenue than 33% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

54th percentile

4.3%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$173,361

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

90th percentile

30%

Faster asset growth than 90% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

56th percentile

6.1%

Faster revenue growth than 56% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$8,139,818

Up $1,875,531 (+30%) from 2017

Net Assets

Up

$6,232,001

Up $729,901 (+13%) from 2017

Liabilities

Up

$1,907,817

Up $1,145,630 (+150%) from 2017

Revenue

Up

$16,597,334

Up $953,495 (+6.1%) from 2017

Expenses

Up

$15,880,476

Up $1,281,082 (+8.8%) from 2017

Net Income

Down

$716,858

Down $327,587 (-31%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $4,720,488Liabilities 2011: $652,150Net Assets 2011: $4,068,3382011Assets 2012: $4,557,882Liabilities 2012: $799,954Net Assets 2012: $3,757,9282012Assets 2013: $4,601,050Liabilities 2013: $1,040,542Net Assets 2013: $3,560,5082013Assets 2014: $4,782,529Liabilities 2014: $991,594Net Assets 2014: $3,790,9352014Assets 2015: $4,968,578Liabilities 2015: $985,082Net Assets 2015: $3,983,4962015Assets 2016: $5,172,562Liabilities 2016: $730,947Net Assets 2016: $4,441,6152016Assets 2017: $6,264,287Liabilities 2017: $762,187Net Assets 2017: $5,502,1002017Assets 2018: $8,139,818Liabilities 2018: $1,907,817Net Assets 2018: $6,232,0012018Assets 2019: $9,250,871Liabilities 2019: $2,170,809Net Assets 2019: $7,080,0622019Assets 2020: $13,324,452Liabilities 2020: $5,076,846Net Assets 2020: $8,247,6062020Assets 2021: $14,003,646Liabilities 2021: $2,899,571Net Assets 2021: $11,104,0752021Assets 2022: $15,777,671Liabilities 2022: $2,597,544Net Assets 2022: $13,180,1272022Assets 2023: $19,114,461Liabilities 2023: $3,381,454Net Assets 2023: $15,733,0072023Assets 2024: $20,000,193Liabilities 2024: $4,285,464Net Assets 2024: $15,714,7292024Assets 2025: $22,908,827Liabilities 2025: $4,774,142Net Assets 2025: $18,134,6852025

Highlighted filing

2018

Assets$8,139,818
Liabilities$1,907,817
Net Assets$6,232,001

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $9,804,1462011Expenses 2012: $10,836,2992012Expenses 2013: $11,819,3432013Revenue 2014: $12,510,308Expenses 2014: $12,279,881Net Income 2014: $230,4272014Revenue 2015: $12,729,098Expenses 2015: $12,501,945Net Income 2015: $227,1532015Revenue 2016: $13,289,038Expenses 2016: $12,833,871Net Income 2016: $455,1672016Revenue 2017: $15,643,839Expenses 2017: $14,599,394Net Income 2017: $1,044,4452017Revenue 2018: $16,597,334Expenses 2018: $15,880,476Net Income 2018: $716,8582018Revenue 2019: $17,301,795Expenses 2019: $16,468,713Net Income 2019: $833,0822019Revenue 2020: $18,894,898Expenses 2020: $17,740,506Net Income 2020: $1,154,3922020Revenue 2021: $20,106,309Expenses 2021: $17,321,436Net Income 2021: $2,784,8732021Revenue 2022: $21,233,220Expenses 2022: $19,074,795Net Income 2022: $2,158,4252022Revenue 2023: $24,715,062Expenses 2023: $22,195,615Net Income 2023: $2,519,4472023Revenue 2024: $26,017,957Expenses 2024: $26,137,580Net Income 2024: -$119,6232024Revenue 2025: $29,156,393Expenses 2025: $26,829,541Net Income 2025: $2,326,8522025

Highlighted filing

2018

Revenue$16,597,334
Expenses$15,880,476
Net Income$716,858
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 11, 2018
Return Version
2017v2.2
Gross Receipts
$16,678,515
Mission and Program Overview

Mission

A strong and vibrant community is one in which all of its members contribute to the strengths and assets for the common good. Tierra's mission is to empower people with disabilities to fulfill their potential and desire to become productive citizens who are accepted, included, and valued for the contributions they make to the economic, civic, and cultural vitality of the community. We are actively working toward the day when people with any type of disability are fully recognized as an integral part of our community - as neighbors, co-workers, and contributors to our society.

OUR VISION - A strong and vibrant community is one in which all of its members contribute their strengths and assets to the common good. Tierra del Sol Foundation's (Tierra) role in our community is to empower people with disabilities (continued on Schedule O)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,559,760$2,999,797▲ $1,440,037
Savings and Temporary Cash Investments$2,151,055$2,493,297▲ $342,242
Accounts Receivable$1,269,456$1,266,474▼ $2,982
Prepaid Expenses and Deferred Charges$115,642$256,634▲ $140,992
Investments in Publicly Traded Securities$217,093$237,038▲ $19,945
Pledges and Grants Receivable$83,356$85,171▲ $1,815
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Cash and Non-Interest-Bearing Accounts$110,982$-9,775▼ $120,757
Total Assets$6,264,287$8,139,818▲ $1,875,531
Other Assets Total$756,943$811,182▲ $54,239
Liabilities
Mortgage Notes Payable Secured by Investment Property$21,004$1,140,000▲ $1,118,996
Other Liabilities$621,272$634,548▲ $13,276
Accounts Payable and Accrued Expenses$119,911$133,269▲ $13,358
Total Liabilities$762,187$1,907,817▲ $1,145,630
Net Assets / Fund Balance
Unrestricted Net Assets$5,206,471$6,103,233▲ $896,762
Permanently Rstr Net Assets$118,401$118,401→ $0
Temporarily Rstr Net Assets$177,228$10,367▼ $166,861
Total Net Assets Fund Balance$5,502,100$6,232,001▲ $729,901
Total Liabilities and Net Assets / Fund Balance$6,264,287$8,139,818▲ $1,875,531

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,198,207$824,700$2,022,907
Other Land Buildings$702,730$1,194,655$1,897,385
Land$989,276-$989,276
Equipment$105,994$346,548$452,542
Leasehold Improvements$3,590$102,313$105,903

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$217,093-▲ $19,945-$237,038
2016$196,019-▲ $21,074-$217,093
2015$188,976-▲ $7,043-$196,019
2014$191,324-▼ $2,348-$188,976
2013$189,751$1,000▲ $573-$191,324
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rebecca LienhardPresident & CEOFT$168,558$4,803$173,361
Anne Marie RosensteinCFOFT$126,645$4,716$131,361
Nancy Bissonette-AndrewCCOFT$102,541$4,708$107,249

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,110,395
Program Service Revenue
$15,400,215
Investment Income
$17,410
Other Revenue
$69,314
All Other Contributions
$984,134
Change in Net Assets
$716,858

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,597,334
Revenue Not Reported on Form 990
$94,224
Total Revenue per Audited Statements
$16,691,558
Total Revenue per Form 990
$16,597,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,117,799
Other Expenses$2,762,677
Total Fundraising Expense$368,634
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,338,458$848,705$214,719$10,401,882
Other Employee Benefits$1,327,072$108,716$16,479$1,452,267
Payroll Taxes$732,370$86,159$16,883$835,412
All Other Expenses$509,714$221,638$43,072$774,424
Occupancy$418,741$6,012$16,222$440,975
Current Officers, Directors, Trustees, and Key Employees$107,826$320,412-$428,238
Other Expenses$144,128$28,571$11,559$184,258
Depreciation Depletion$105,358$45,662$14,278$165,298
Insurance$120,141$21,743$3,338$145,222
Office Expenses$34,635$38,330$5,978$78,943
Fees for Services Legal-$65,312-$65,312
Travel$20,121$16,151$1,563$37,835
Conferences and Meetings$6,539$9,235$9,667$25,441
Fees for Services Accounting-$18,511-$18,511
Interest-$2,029-$2,029
Total Functional Expenses$13,511,005$2,000,837$368,634$15,880,476

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$15,961,657
Expenses per Audited Statements$15,880,476
Total Expenses per Form 990$15,880,476
Expenses Not Reported on Form 990$81,181
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$58,082
Fundraising Gross Income$52,139
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$116,030$33,045$7,182$25,863
Casino Night$51,339$16,494$11,061$5,433
Total Events$178,400$52,139$58,082$-5,943
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Daniel TaayBoard MemberCert of DepositNo$510,383
Daniel TaayBoard MemberSavings accountNo$133,975
Matt ChaseBoard MemberBroker FeeNo$6,052

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
Accrued Payroll and Related Liabilities$633,094
Interest Payable$1,454
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Two independent Directors are spouses, but do not serve on the same committees.

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

IRS Form 990 is reviewed by the Risk Management Committee prior to being filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Board annually discusses and completes the Conflict of Interest Questionnaire. Such discussion and completion is also done with new board members at their board orientation at the outset of their service.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The governing body reviews executive compensation upon hiring or after any substantial modification to the related compensation package of an executive.

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

The organization's Form 990 and audited financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Tierra del Sol Foundation
EIN
95-2671260
Phone
8183521419
Address
9919 Sunland Blvd, Sunland, CA 91040

Signing Officer

Name
Anne Marie Rosenstein
Title
CFO
Signed
2018-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Lienhard
Formed
1971
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
497
Volunteers
120

Preparer

Firm
Vasin Heyn & Company
Address
5000 N Parkway Calabasas 201, Calabasas, CA 91302
Preparer
Rolland Vasin
Phone
8182223500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

Tierra del Sol Foundation closed its Food Program.

Other Changes In Net Assets Or Fund Balances - Other Decreases

Gain (loss) from fixed asset disposition = -$1515

Form 990, Part I, Line 1 - Organization Mission

OUR VISION - A strong and vibrant community is one in which all of its members contribute their strengths and assets to the common good. Tierra del Sol Foundation's (Tierra) role in our community is to empower people with disabilities to fulfill their potential and desire to become productive citizens who are accepted and valued for the contributions they make to the economic, civic, and cultural vitality of our community. We are actively working toward the day when people with any type of disability are fully accepted in our community - as neighbors, co-workers, and contributors to our society. OUR MISSION - Tierra will work continuously to increase opportunities for people with disabilities to participate, contribute, and succeed as productive and valued citizens of our community. In addition, we will communicate, educate and advocate to increase our community's understanding and appreciation for the capabilities of the people we serve.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Permanently restricted endowment funds are restricted in perpetuity to continue the mission of the Foundation. Income generated from these assets cannot currently be used for operating activities per policy restrictions. The dividends and gains must be reinvested.

Part X : FIN48 Footnote

The Foundation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and California income taxes under section 23701(d) of the California Revenue and Taxation Code. The IRS classified the organization as one that is not a private foundation within the meaning of Section 509(a) of the Code because it is an organization described in Section(s) 509(a)(2) and 170(b)(1)(A)(vi). The Foundation has adopted Financial Accounting Standards Board Accounting Standards Codification (ASC) Section 740-10, which clarifies the accounting for uncertainty in income taxes. ASC Section 740-10 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. ASC Section 740-10 requires that an organization recognize in the financial statements the impact of the tax position if that position will more likely than not be sustained on audit, based on the technical merits of the position. As of and for the year ended June 30, 2018, the Foundation had no material unrecognized tax benefits, tax penalties or interest.The Foundations Forms 990, Return of Organization Exempt from Income Tax, for each of the tax years ended June 30, 2017, 2016, and 2015, are subject to examination by the IRS, generally for 3 years after they were filed.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising expenses $58082 Gain (loss) from fixed asset disposition $-1515 Rental expenses $23099

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising expenses $58082 Rental expenses $23099

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IRS990/Desc0Services to adults with disabilities. Provided workforce development supports and services to over 600 clients with developmental disabilities. These supports and services include job development (both paid and unpaid), job training and job maintenance strategies. Also, we provided mobility training, community safety awareness training and general communication skill training needed to develop and maintain a fully included life in the community.
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IRS990/Form990PartVIISectionAGrp/PersonNm0Jan Maseda
IRS990/Form990PartVIISectionAGrp/PersonNm1Matt Chase
IRS990/Form990PartVIISectionAGrp/PersonNm2Ellen Stein
IRS990/Form990PartVIISectionAGrp/PersonNm3Elisabeth Stimson
IRS990/Form990PartVIISectionAGrp/PersonNm4Matt Kamin
IRS990/Form990PartVIISectionAGrp/PersonNm5Karren McClenahan
IRS990/Form990PartVIISectionAGrp/PersonNm6Vinod Assomull
IRS990/Form990PartVIISectionAGrp/PersonNm7Michael Blumenfield MD
IRS990/Form990PartVIISectionAGrp/PersonNm8Patricia Moore
IRS990/Form990PartVIISectionAGrp/PersonNm9Stephen Maseda
IRS990/Form990PartVIISectionAGrp/PersonNm10Elizabeth Likes
IRS990/Form990PartVIISectionAGrp/PersonNm11Chloe Houghton
IRS990/Form990PartVIISectionAGrp/PersonNm12Marc Littman
IRS990/Form990PartVIISectionAGrp/PersonNm13Peter Koetters
IRS990/Form990PartVIISectionAGrp/PersonNm14Dave Gilman
IRS990/Form990PartVIISectionAGrp/PersonNm15Bill Van Laningham
IRS990/Form990PartVIISectionAGrp/PersonNm16Daniel Taay
IRS990/Form990PartVIISectionAGrp/PersonNm17Kyle Stoutland
IRS990/Form990PartVIISectionAGrp/PersonNm18Rebecca Lienhard
IRS990/Form990PartVIISectionAGrp/PersonNm19Anne Marie Rosenstein
IRS990/Form990PartVIISectionAGrp/PersonNm20Nancy Bissonette-Andrew
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt20CCO
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IRS990/MissionDesc0A strong and vibrant community is one in which all of its members contribute to the strengths and assets for the common good. Tierra's mission is to empower people with disabilities to fulfill their potential and desire to become productive citizens who are accepted, included, and valued for the contributions they make to the economic, civic, and cultural vitality of the community. We are actively working toward the day when people with any type of disability are fully recognized as an integral part of our community - as neighbors, co-workers, and contributors to our society.
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IRS990/OtherExpensesGrp/Desc0Auto Expense
IRS990/OtherExpensesGrp/Desc1Outside Services
IRS990/OtherExpensesGrp/Desc2Telephone
IRS990/OtherExpensesGrp/Desc3Equipment Rental & Maintenance
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IRS990/OtherExpensesGrp/FundraisingAmt17620
IRS990/OtherExpensesGrp/FundraisingAmt25334
IRS990/OtherExpensesGrp/FundraisingAmt311559
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05845
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt217242
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IRS990/OtherExpensesGrp/ProgramServicesAmt179233
IRS990/OtherExpensesGrp/ProgramServicesAmt2181496
IRS990/OtherExpensesGrp/ProgramServicesAmt3144128
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IRS990/OtherExpensesGrp/TotalAmt1227417
IRS990/OtherExpensesGrp/TotalAmt2204072
IRS990/OtherExpensesGrp/TotalAmt3184258
IRS990/OtherLiabilitiesGrp/BOYAmt0621272
IRS990/OtherLiabilitiesGrp/EOYAmt0634548
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other income

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$22.9$4.77$18.1$29.2$26.8$2.33
2024Detailed filing. Detailed filing data is available for this year.$20.0$4.29$15.7$26.0$26.1$0.12
2023Detailed filing. Detailed filing data is available for this year.$19.1$3.38$15.7$24.7$22.2$2.52
2022Detailed filing. Detailed filing data is available for this year.$15.8$2.60$13.2$21.2$19.1$2.16
2021Detailed filing. Detailed filing data is available for this year.$14.0$2.90$11.1$20.1$17.3$2.78
2020Detailed filing. Detailed filing data is available for this year.$13.3$5.08$8.25$18.9$17.7$1.15
2019Detailed filing. Detailed filing data is available for this year.$9.25$2.17$7.08$17.3$16.5$0.83
2018Detailed filing. Detailed filing data is available for this year.$8.14$1.91$6.23$16.6$15.9$0.72
2017Detailed filing. Detailed filing data is available for this year.$6.26$0.76$5.50$15.6$14.6$1.04
2016Detailed filing. Detailed filing data is available for this year.$5.17$0.73$4.44$13.3$12.8$0.46
2015Detailed filing. Detailed filing data is available for this year.$4.97$0.99$3.98$12.7$12.5$0.23
2014Detailed filing. Detailed filing data is available for this year.$4.78$0.99$3.79$12.5$12.3$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$1.04$3.56$11.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$0.80$3.76$10.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$0.65$4.07$9.80