Civic Intelligence

West Valley Towers

990 • Fiscal year 2013 • EIN 95-3573752

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 18, 2013

911 N Studebaker Road90815
Siviq Scores

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

Liabilities / Assets

96th percentile

1.35x

Higher debt load relative to assets than 96% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

41st percentile

-0.2%

Faster asset growth than 41% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$2,782,531

Down $5,533 (-0.2%) from 2012

Net Assets

Up

-$963,290

Up $143,849 (+13%) from 2012

Liabilities

Down

$3,745,821

Down $149,382 (-3.8%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,092,035

Down $81,726 (-7.0%) from 2012

Net Income

-

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.

$10M$5.0M$0-$5.0MAssets 2010: $3,064,304Liabilities 2010: $4,248,911Net Assets 2010: -$1,184,6072010Assets 2011: $2,922,424Liabilities 2011: $4,077,442Net Assets 2011: -$1,155,0182011Assets 2012: $2,788,064Liabilities 2012: $3,895,203Net Assets 2012: -$1,107,1392012Assets 2013: $2,782,531Liabilities 2013: $3,745,821Net Assets 2013: -$963,2902013Assets 2014: $8,825,430Liabilities 2014: $0Net Assets 2014: $8,825,4302014Assets 2015: $8,696,565Liabilities 2015: $0Net Assets 2015: $8,696,5652015Assets 2016: $8,433,021Liabilities 2016: $0Net Assets 2016: $8,433,0212016Assets 2017: $8,601,424Liabilities 2017: $0Net Assets 2017: $8,601,4242017Assets 2018: $8,706,708Liabilities 2018: $0Net Assets 2018: $8,706,7082018Assets 2019: $8,842,641Liabilities 2019: $0Net Assets 2019: $8,842,6412019Assets 2020: $9,192,438Liabilities 2020: $2Net Assets 2020: $9,192,4362020Assets 2021: $8,686,295Liabilities 2021: $2Net Assets 2021: $8,686,2932021Assets 2022: $8,639,443Liabilities 2022: $2Net Assets 2022: $8,639,4412022Assets 2023: $8,553,314Liabilities 2023: $2Net Assets 2023: $8,553,3122023

Highlighted filing

2013

Assets$2,782,531
Liabilities$3,745,821
Net Assets-$963,290

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $1,143,8272010Expenses 2011: $1,183,6722011Expenses 2012: $1,173,7612012Expenses 2013: $1,092,0352013Revenue 2014: $10,064,518Expenses 2014: $275,798Net Income 2014: $9,788,7202014Revenue 2015: $337,352Expenses 2015: $466,217Net Income 2015: -$128,8652015Revenue 2016: $342,286Expenses 2016: $605,830Net Income 2016: -$263,5442016Revenue 2017: $336,125Expenses 2017: $167,722Net Income 2017: $168,4032017Revenue 2018: $337,471Expenses 2018: $232,187Net Income 2018: $105,2842018Revenue 2019: $339,569Expenses 2019: $203,636Net Income 2019: $135,9332019Revenue 2020: $349,797Expenses 2020: $2Net Income 2020: $349,7952020Revenue 2021: $328,293Expenses 2021: $834,436Net Income 2021: -$506,1432021Revenue 2022: $329,856Expenses 2022: $376,709Net Income 2022: -$46,8532022Revenue 2023: $327,712Expenses 2023: $413,841Net Income 2023: -$86,1292023

Highlighted filing

2013

Revenue-
Expenses$1,092,035
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 18, 2013
Return Version
2012v2.1
Gross Receipts
$1,235,884
Mission and Program Overview

Mission

West valley towers is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of california. The corporation was formed for the purpose of operating a 97 unit community known as west valley towers located in van nuys, california, which provides housing for low-income elderly persons. A partnership purchased the project and west valley towers now funds west valley rhf partners, lp through a seller carryback loan, and is the sole member of west valley rhf housing, llc. The main purpose of this entity going forward will be a financing arm of the low income project through the new partnership.

Filing and Contact Details

Filer

EIN
95-3573752
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IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years08959
IRS990ScheduleA/GrossInvestmentIncome170/Total012406
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc01604932
IRS990ScheduleA/OtherIncome170/CurrentTaxYear04675
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year012253
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years05601
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years08428
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years019434
IRS990ScheduleA/OtherIncome170/Total050391
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
IRS990ScheduleA/PublicSupportPertcentage17000.98590
IRS990ScheduleA/PublicSupportPertcentPriorYear00.98300
IRS990ScheduleA/PublicSupportTotal17004382882
IRS990ScheduleA/ThirtyThreePercntTestsCY1700X
IRS990ScheduleA/Total170/CurrentTaxYear0857395
IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year0900840
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years0901849
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years0858487
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0864311
IRS990ScheduleA/Total170/Total04382882
IRS990ScheduleA/TotalSupport04445679
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber0RESTRICTED
IRS990/ScheduleBRequired01
IRS990ScheduleD/Buildings/BookValue01824288
IRS990ScheduleD/Buildings/Depreciation04163429
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis05987717
IRS990ScheduleD/Equipment/BookValue052716
IRS990ScheduleD/Equipment/Depreciation0134565
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis0187281
IRS990ScheduleD/ExpensesNotRptdF990010
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01092035
IRS990ScheduleD/FootnoteInPartXIII0X
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1BOOK/TAX ROUNDING ADJUSTMENT 10.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0PART X, LINE 2:
IRS990ScheduleD/Land/BookValue0344037
IRS990ScheduleD/Land/OtherCostOrOtherBasis0344037
IRS990ScheduleD/LeaseholdImprovements/BookValue01984
IRS990ScheduleD/LeaseholdImprovements/Depreciation05536
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis07520
IRS990ScheduleD/OtherAssets/BookValue029672
IRS990ScheduleD/OtherAssets/BookValue1279000
IRS990ScheduleD/OtherAssets/Description0SECURITY DEPOSITS

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$8.55$0.00$8.55$0.33$0.41$0.09
2022Summary only. Only limited summary data is available for this year.$8.64$0.00$8.64$0.33$0.38$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.69$0.00$8.69$0.33$0.83$0.51
2020Summary only. Only limited summary data is available for this year.$9.19$0.00$9.19$0.35$0.00$0.35
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.84$0.00$8.84$0.34$0.20$0.14
2018Summary only. Only limited summary data is available for this year.$8.71$0.00$8.71$0.34$0.23$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.60$0.00$8.60$0.34$0.17$0.17
2016Detailed filing. Detailed filing data is available for this year.$8.43$0.00$8.43$0.34$0.61$0.26
2015Detailed filing. Detailed filing data is available for this year.$8.70$0.00$8.70$0.34$0.47$0.13
2014Summary only. Only limited summary data is available for this year.$8.83$0.00$8.83$10.1$0.28$9.79
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$3.75$0.96$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$3.90$1.11$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$4.08$1.16$1.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$4.25$1.18$1.14