Civic Intelligence

Front Porch Communities Foundation

990 • Fiscal year 2019 • EIN 95-3862907

Apr 01, 2018 to Mar 31, 2019 • Filed on Feb 14, 2020

800 N Brand Blvd 19th FloorGlendale, CA 91203

(818) 729-8100

Siviq Scores

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

Liabilities / Assets

37th percentile

0.10x

Higher debt load relative to assets than 37% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.70x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

91st percentile

50%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$347,300

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

61st percentile

7.0%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

29%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$13,988,961

Up $919,579 (+7.0%) from 2018

Net Assets

Up

$12,649,418

Up $316,937 (+2.6%) from 2018

Liabilities

Up

$1,339,543

Up $602,642 (+82%) from 2018

Revenue

Up

$1,901,042

Up $428,307 (+29%) from 2018

Expenses

Up

$944,500

Up $99,588 (+12%) from 2018

Net Income

Up

$956,542

Up $328,719 (+52%) from 2018

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $8,079,377Liabilities 2010: $1,169,104Net Assets 2010: $6,910,2732010Assets 2011: $10,224,209Liabilities 2011: $1,095,056Net Assets 2011: $9,129,1532011Assets 2012: $9,910,089Liabilities 2012: $885,421Net Assets 2012: $9,024,6682012Assets 2013: $10,652,886Liabilities 2013: $764,487Net Assets 2013: $9,888,3992013Assets 2014: $11,532,496Liabilities 2014: $718,244Net Assets 2014: $10,814,2522014Assets 2015: $11,575,423Liabilities 2015: $517,196Net Assets 2015: $11,058,2272015Assets 2016: $11,344,222Liabilities 2016: $879,977Net Assets 2016: $10,464,2452016Assets 2017: $12,391,604Liabilities 2017: $764,049Net Assets 2017: $11,627,5552017Assets 2018: $13,069,382Liabilities 2018: $736,901Net Assets 2018: $12,332,4812018Assets 2019: $13,988,961Liabilities 2019: $1,339,543Net Assets 2019: $12,649,4182019Assets 2020: $12,264,152Liabilities 2020: $1,537,271Net Assets 2020: $10,726,8812020Assets 2021: $36,094,686Liabilities 2021: $15,101,811Net Assets 2021: $20,992,8752021Assets 2022: $38,541,264Liabilities 2022: $1,234,185Net Assets 2022: $37,307,0792022Assets 2023: $56,221,484Liabilities 2023: $7,911,295Net Assets 2023: $48,310,1892023Assets 2024: $61,115,760Liabilities 2024: $5,821,582Net Assets 2024: $55,294,1782024Assets 2025: $60,881,225Liabilities 2025: $4,410,061Net Assets 2025: $56,471,1642025

Highlighted filing

2019

Assets$13,988,961
Liabilities$1,339,543
Net Assets$12,649,418

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Expenses 2010: $805,5822010Expenses 2011: $708,4232011Expenses 2012: $1,609,0552012Expenses 2013: $1,159,6872013Revenue 2014: $1,616,246Expenses 2014: $834,392Net Income 2014: $781,8542014Revenue 2015: $1,345,446Expenses 2015: $1,063,935Net Income 2015: $281,5112015Revenue 2016: $1,063,959Expenses 2016: $786,545Net Income 2016: $277,4142016Revenue 2017: $1,836,063Expenses 2017: $995,647Net Income 2017: $840,4162017Revenue 2018: $1,472,735Expenses 2018: $844,912Net Income 2018: $627,8232018Revenue 2019: $1,901,042Expenses 2019: $944,500Net Income 2019: $956,5422019Revenue 2020: $1,139,569Expenses 2020: $923,166Net Income 2020: $216,4032020Revenue 2021: $996,331Expenses 2021: $809,898Net Income 2021: $186,4332021Revenue 2022: $4,435,086Expenses 2022: $884,724Net Income 2022: $3,550,3622022Revenue 2023: $6,309,382Expenses 2023: $4,360,484Net Income 2023: $1,948,8982023Revenue 2024: $5,675,139Expenses 2024: $5,004,855Net Income 2024: $670,2842024Revenue 2025: $7,577,466Expenses 2025: $5,701,272Net Income 2025: $1,876,1942025

Highlighted filing

2019

Revenue$1,901,042
Expenses$944,500
Net Income$956,542
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Feb 14, 2020
Return Version
2018v3.1
Gross Receipts
$6,936,030
Mission and Program Overview

Mission

The organization's mission is to establish, grow and permanently maintain funds to benefit, and provide continuing financial support for, the capital, benevolence, and assistance needs of front porch communities and services ,a nonprofit corporation ("front porch"). The organization also raises and disburses funds for the benefit of the senior living communities and programs operated by front porch. The organization makes distributions to front porch to provide support for front porch's capital, social benevolence, resident and employee assistance, community services and promotion of diversity needs. The organization supports the development, preservation, and redevelopment of affordable housing communities for families, seniors, and the chronically mentally ill in conjunction with front porch and its affiliated and related entities.

Provides direct assistance to residents who experience financial hardship as well as raises & distributes funds for purchase of equipment to improve residents' quality of life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$11,702,542$11,535,277▼ $167,265
Investments Other Securities$948,118$920,034▼ $28,084
Cash and Non-Interest-Bearing Accounts$397,663$441,956▲ $44,293
Accounts Receivable$9,059$8,694▼ $365
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$13,069,382$13,988,961▲ $919,579
Other Assets Total$12,000$1,083,000▲ $1,071,000
Liabilities
Other Liabilities$719,880$1,320,908▲ $601,028
Accounts Payable and Accrued Expenses$17,021$18,635▲ $1,614
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$736,901$1,339,543▲ $602,642
Net Assets / Fund Balance
Unrestricted Net Assets$7,060,121$6,726,462▼ $333,659
Temporarily Rstr Net Assets$3,659,295$4,272,013▲ $612,718
Permanently Rstr Net Assets$1,613,065$1,650,943▲ $37,878
Total Net Assets Fund Balance$12,332,481$12,649,418▲ $316,937
Total Liabilities and Net Assets / Fund Balance$13,069,382$13,988,961▲ $919,579

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,071,000--
Other Securities$920,034--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,281,035$198▲ $46,627-$2,327,860
2017$2,096,793$150▲ $187,456$3,364$2,281,035
2016$1,955,064-▲ $156,522$14,793$2,096,793
2015$1,939,502$100,568▼ $85,006-$1,955,064
2014$1,878,367$100▲ $61,035-$1,939,502
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debbie RompalCFO/secretary-$209,461$137,839$347,300
Keith ChurchDirectorPT$132,802$50,965$183,767

Board Members and Trustees

NameTitle
Howard HudsonChairman
Mort SwalesPresident/CEO
Beverly HeilDirector
Edward DickDirector
Josephine FultonDirector
Richard OxfordDirector
Shirley DesrochersDirector
Steven ConnerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$952,532
Program Service Revenue
$0
Investment Income
$948,510
Other Revenue
$0
All Other Contributions
$952,532
Change in Net Assets
$956,542

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,901,042
Revenue Not Reported on Form 990
$-393,007
Total Revenue per Audited Statements
$1,508,035
Total Revenue per Form 990
$1,901,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$803,414
Other Expenses$141,086
Total Fundraising Expense$5,508
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$803,414--$803,414
Fees for Services Management-$109,890-$109,890
Fees for Services Accounting-$21,467-$21,467
Advertising-$7,485-$7,485
Other Expenses-$459$5,508$0
Conferences and Meetings-$986-$986
All Other Expenses-$-4,709-$-4,709
Total Functional Expenses$803,414$135,578$5,508$944,500

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,191,098
Expenses per Audited Statements$944,500
Total Expenses per Form 990$944,500
Expenses Not Reported on Form 990$246,598
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Front PorchGlendale, CA501(c)(3)See Part Iv$803,414
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liab - Split Interest Agree.$1,320,908
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11

The return is prepared by an outside accounting firm. The return is reviewed and approved by all board members prior to filing with the irs.

Form 990, Part VI, Line 12C

Annually, the chairperson of the board states that he has not received notices of conflicts from other board members and/or officers and it is documented in the board minutes.

Form 990, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Pacific Homes Foundation
EIN
95-3862907
In Care Of
% EDUARDO SALVADOR
Phone
8187298100
Address
800 N Brand Blvd 19th Floor, Glendale, CA 91203

Signing Officer

Name
Eduardo Salvador
Title
Officer
Phone
8187298100
Signed
2020-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eduardo Salvador
Formed
1983
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bkd Llp
Address
110 N Elgin Avenue Ste 400, Tulsa, OK 74120-1490
Preparer
Shawn M Loader
Phone
9185842900
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

The organization's endowment consists of numerous individual funds established for a variety of purposes. The endowment includes only donor-restricted endowment funds.

Schedule D, Part X

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$60.9$4.41$56.5$7.58$5.70$1.88
2024Detailed filing. Detailed filing data is available for this year.$61.1$5.82$55.3$5.68$5.00$0.67
2023Detailed filing. Detailed filing data is available for this year.$56.2$7.91$48.3$6.31$4.36$1.95
2022Detailed filing. Detailed filing data is available for this year.$38.5$1.23$37.3$4.44$0.88$3.55
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.1$15.1$21.0$1.00$0.81$0.19
2020Detailed filing. Detailed filing data is available for this year.$12.3$1.54$10.7$1.14$0.92$0.22
2019Detailed filing. Detailed filing data is available for this year.$14.0$1.34$12.6$1.90$0.94$0.96
2018Detailed filing. Detailed filing data is available for this year.$13.1$0.74$12.3$1.47$0.84$0.63
2017Detailed filing. Detailed filing data is available for this year.$12.4$0.76$11.6$1.84$1.00$0.84
2016Detailed filing. Detailed filing data is available for this year.$11.3$0.88$10.5$1.06$0.79$0.28
2015Detailed filing. Detailed filing data is available for this year.$11.6$0.52$11.1$1.35$1.06$0.28
2014Detailed filing. Detailed filing data is available for this year.$11.5$0.72$10.8$1.62$0.83$0.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$0.76$9.89$1.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.91$0.89$9.02$1.61
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$1.10$9.13$0.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.08$1.17$6.91$0.81