Civic Intelligence

Antelope Valley Foundation for the Developmentally Disabled

990 • Fiscal year 2022 • EIN 95-4215965

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

646 West Lancaster Blvd 109Lancaster, CA 93534

(661) 945-7290

Siviq Scores

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

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

65th percentile

16%

Higher net margin than 65% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

56th percentile

$72,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

90th percentile

58%

Faster asset growth than 90% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

-1.5%

Faster revenue growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$2,146,382

Up $789,457 (+58%) from 2021

Net Assets

Up

$2,058,305

Up $809,137 (+65%) from 2021

Liabilities

Down

$88,077

Down $19,680 (-18%) from 2021

Revenue

Down

$1,913,243

Down $29,104 (-1.5%) from 2021

Expenses

Down

$1,607,871

Down $257,578 (-14%) from 2021

Net Income

Up

$305,372

Up $228,474 (+297%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $991,945Liabilities 2011: $102,029Net Assets 2011: $889,9162011Assets 2012: $915,929Liabilities 2012: $178,183Net Assets 2012: $737,7462012Assets 2013: $945,227Liabilities 2013: $151,915Net Assets 2013: $793,3122013Assets 2014: $1,036,324Liabilities 2014: $169,657Net Assets 2014: $866,6672014Assets 2015: $1,062,916Liabilities 2015: $145,738Net Assets 2015: $917,1782015Assets 2017: $974,841Liabilities 2017: $79,748Net Assets 2017: $895,0932017Assets 2018: $1,003,998Liabilities 2018: $87,727Net Assets 2018: $916,2712018Assets 2019: $964,329Liabilities 2019: $86,587Net Assets 2019: $877,7422019Assets 2020: $1,262,065Liabilities 2020: $386,062Net Assets 2020: $876,0032020Assets 2021: $1,356,925Liabilities 2021: $107,757Net Assets 2021: $1,249,1682021Assets 2022: $2,146,382Liabilities 2022: $88,077Net Assets 2022: $2,058,3052022Assets 2023: $1,038,636Liabilities 2023: $121,534Net Assets 2023: $917,1022023Assets 2024: $488,393Liabilities 2024: $197,553Net Assets 2024: $290,8402024

Highlighted filing

2022

Assets$2,146,382
Liabilities$88,077
Net Assets$2,058,305

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $2,518,867Expenses 2011: $2,426,064Net Income 2011: $92,8032011Revenue 2012: $2,559,228Expenses 2012: $2,630,602Net Income 2012: -$71,3742012Revenue 2013: $2,542,212Expenses 2013: $2,483,121Net Income 2013: $59,0912013Revenue 2014: $2,445,393Expenses 2014: $2,372,038Net Income 2014: $73,3552014Revenue 2015: $2,414,671Expenses 2015: $2,364,160Net Income 2015: $50,5112015Revenue 2017: $2,022,050Expenses 2017: $1,879,027Net Income 2017: $143,0232017Revenue 2018: $1,999,153Expenses 2018: $1,977,975Net Income 2018: $21,1782018Revenue 2019: $2,065,847Expenses 2019: $2,104,375Net Income 2019: -$38,5282019Revenue 2020: $2,104,832Expenses 2020: $2,106,572Net Income 2020: -$1,7402020Revenue 2021: $1,942,347Expenses 2021: $1,865,449Net Income 2021: $76,8982021Revenue 2022: $1,913,243Expenses 2022: $1,607,871Net Income 2022: $305,3722022Revenue 2023: $553,222Expenses 2023: $1,694,427Net Income 2023: -$1,141,2052023Revenue 2024: $69,290Expenses 2024: $1,427,590Net Income 2024: -$1,358,3002024

Highlighted filing

2022

Revenue$1,913,243
Expenses$1,607,871
Net Income$305,372
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.1
Gross Receipts
$1,913,243
Mission and Program Overview

Mission

Education and training of developmentally disabled individuals

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,109,079$1,762,019▲ $652,940
Pledges and Grants Receivable-$196,146-
Accounts Receivable$149,354$126,485▼ $22,869
Prepaid Expenses and Deferred Charges$48,124$34,879▼ $13,245
Land, Buildings, and Equipment, Net$30,045$26,853▼ $3,192
Savings and Temporary Cash Investments-$0-
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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,356,925$2,146,382▲ $789,457
Other Assets Total$20,323$0▼ $20,323
Liabilities
Other Liabilities$63,308$64,758▲ $1,450
Accounts Payable and Accrued Expenses$44,449$23,319▼ $21,130
Total Liabilities$107,757$88,077▼ $19,680
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,249,168$2,058,305▲ $809,137
Total Net Assets Fund Balance$1,249,168$2,058,305▲ $809,137
Total Liabilities and Net Assets / Fund Balance$1,356,925$2,146,382▲ $789,457

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$113,431-$113,431
Leasehold Improvements$39,830-$39,830
Other Land Buildings$-126,408$132,365$5,957
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Antonio Buono PsydEx-officio Memb-$72,000$72,000
Steven E Sultan PhdCEOFT$66,000$66,000
Dorothy EdgarCFOFT$61,488$61,488

Board Members and Trustees

NameTitle
Ken ScottPresident
John ThomasDirector
Wendell TylerDirector
Casey JonesSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,903,596
Program Service Revenue
$0
Investment Income
$9,647
Other Revenue
$0
All Other Contributions
$1,791,425
Change in Net Assets
$305,372
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,157,031
Other Expenses$450,840
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$679,699$119,948-$799,647
Current Officers, Directors, Trustees, and Key Employees$169,565$29,923-$199,488
Other Employee Benefits$82,813$14,614-$97,427
All Other Expenses$65,569$11,225-$76,794
Insurance$64,939$11,460-$76,399
Payroll Taxes$51,399$9,070-$60,469
Fees for Services Accounting$43,778$7,725-$51,503
Office Expenses$20,932$3,694-$24,626
Other Expenses$13,092$2,310-$15,402
Total Functional Expenses$1,371,108$236,763$0$1,607,871
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacations and Salaries$64,758
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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 return and copy of the return was provided to the governing body and reviewed by available members/ directors to the audited financial statements and internal financial statements for accuracy and acted thereon.

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

The ceo, with the aid of the cfo, examine and review the contracts and payroll records, reporting their findings to the directors, at the meeting of the board.

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

The governing documents, conflict of interest policy and financial statements are on file and made available for inspection upon a qualified request.

Filing and Contact Details

Filer

Filer Name
Antelope Valley Foundation for the
EIN
95-4215965
Phone
6619457290
Address
646 West Lancaster Blvd 109, Lancaster, CA 93534

Signing Officer

Name
Dennis Rutnam
Title
CEO
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
4
Employees
41

Preparer

Firm
Melissa A Pacheco & Associates
Address
27201 Tourney Rd Ste 201, Valencia, CA 91355
Preparer
Melissa A Pacheco
Phone
8183192753
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN AND COPY OF THE RETURN WAS PROVIDED TO THE GOVERNING BODY AND REVIEWED BY AVAILABLE MEMBERS/ DIRECTORS TO THE AUDITED FINANCIAL STATEMENTS AND INTERNAL FINANCIAL STATEMENTS FOR ACCURACY AND ACTED THEREON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO, WITH THE AID OF THE CFO, EXAMINE AND REVIEW THE CONTRACTS AND PAYROLL RECORDS, REPORTING THEIR FINDINGS TO THE DIRECTORS, AT THE MEETING OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ON FILE AND MADE AVAILABLE FOR INSPECTION UPON A QUALIFIED REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/USAddress/AddressLine1Txt0646 West Lancaster Blvd 109
IRS990/USAddress/CityNm0Lancaster
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dennis Rutnam
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-12

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