Civic Intelligence

Action Apartment Association Inc

EIN 95-3754525 • 501(c)6 • Santa Monica, CA

Profile

Publication of newsletter

2918 Santa Monica BlvdSanta Monica, CA 90404

www.action-wam.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

94th percentile

46%

Higher net margin than 94% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

18th percentile

-37%

Faster asset growth than 18% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

35th percentile

-11%

Faster revenue growth than 35% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$11,529

Down $6,893 (-37%) from 2019

Liabilities

Down

$0

Down $208 (-100%) from 2019

Net Assets

Down

$11,529

Down $6,685 (-37%) from 2019

Operations
Liabilities / Revenue51st percentileNet Margin94th percentile

Revenue

Down

$65,886

Down $7,796 (-11%) from 2019

Expenses

Down

$35,590

Down $49,412 (-58%) from 2019

Net Income

Up

$30,296

Up $41,616 (+368%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$100K$50K$0-$50KAssets 2010: $6,973Liabilities 2010: $12,041Net Assets 2010: -$5,0682010Assets 2011: $13,486Liabilities 2011: $23,219Net Assets 2011: -$9,7332011Assets 2012: $28,220Liabilities 2012: $4,995Net Assets 2012: $23,2252012Assets 2013: $17,295Liabilities 2013: -$377Net Assets 2013: $17,6722013Assets 2014: $22,921Liabilities 2014: -$1,819Net Assets 2014: $24,7402014Assets 2015: $15,550Liabilities 2015: -$13,718Net Assets 2015: $29,2682015Assets 2016: $47,313Liabilities 2016: $0Net Assets 2016: $47,3132016Assets 2017: $73,141Liabilities 2017: $521Net Assets 2017: $72,6202017Assets 2018: $30,667Liabilities 2018: $1,134Net Assets 2018: $29,5332018Assets 2019: $18,422Liabilities 2019: $208Net Assets 2019: $18,2142019Assets 2020: $11,529Liabilities 2020: $0Net Assets 2020: $11,5292020

Highlighted filing

2020

Assets$11,529
Liabilities$0
Net Assets$11,529
Open 2020 Filing

Operations Trend

Revenue Growth35th percentile

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

$200K$150K$100K$50K$0-$50KExpenses 2010: $150,9622010Expenses 2011: $114,1652011Expenses 2012: $76,6432012Revenue 2013: $112,694Expenses 2013: $122,492Net Income 2013: -$9,7982013Revenue 2014: $111,862Expenses 2014: $104,794Net Income 2014: $7,0682014Revenue 2015: $105,593Expenses 2015: $101,065Net Income 2015: $4,5282015Revenue 2016: $100,227Expenses 2016: $82,182Net Income 2016: $18,0452016Revenue 2017: $123,518Expenses 2017: $106,444Net Income 2017: $17,0742017Revenue 2018: $84,287Expenses 2018: $112,655Net Income 2018: -$28,3682018Revenue 2019: $73,682Expenses 2019: $85,002Net Income 2019: -$11,3202019Revenue 2020: $65,886Expenses 2020: $35,590Net Income 2020: $30,2962020

Highlighted filing

2020

Revenue$65,886
Expenses$35,590
Net Income$30,296
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,529
Liabilities
$0
Net assets
$11,529
Revenue
$65,886
Expenses
$35,590
Net income
$30,296
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.66$0.36$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.74$0.85$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.31$0.01$0.30$0.84$1.13$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.73$1.24$1.06$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$1.00$0.82$0.18
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.14$0.29$1.06$1.01$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.25$1.12$1.05$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.18$1.13$1.22$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.05$0.23$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.23$0.10$1.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.12$0.05$1.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 30, 2021
Return Version
2020v4.0
Gross Receipts
$65,886
Mission and Program Overview

Mission

Publication of newsletter

Educational and informational assistance for apartment owners

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$14,093$7,199▼ $6,894
Land, Buildings, and Equipment, Net$4,329$4,329→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
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$18,422$11,529▼ $6,893
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$208--
Total Liabilities$208$0▼ $208
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,214$11,529▼ $6,685
Total Net Assets Fund Balance$18,214$11,529▼ $6,685
Total Liabilities and Net Assets / Fund Balance$18,422$11,529▼ $6,893

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,329-$4,329
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Wendie OlshanVice President
Elaine Golden-GelaerCEO
Wes WellmanCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$65,886
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,456
Change in Net Assets
$30,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,590
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$32,640
Occupancy---$2,950
Total Functional Expenses$0$0$0$35,590
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
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
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Action Apartment Association Inc
EIN
95-3754525
Address
2918 Santa Monica Blvd, Santa Monica, CA 90404

Signing Officer

Name
Wes Wellman
Title
CFO
Signed
2021-08-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wes Wellman
Voting Board Members
10
Independent Board Members
10
Employees
2

Preparer

Firm
Gayle G Gould CPA
Address
2461 Butler Ave, Los Angeles, CA 90064
Preparer
Gayle G Gould CPA
Phone
3105759200
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“Adjustments = -$36981”

Raw XML Appendix278 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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