Civic Intelligence

Home Ownership Made Easy Inc

990 • Fiscal year 2018 • EIN 95-4234841

Jul 01, 2017 to Jun 30, 2018 • Filed on Mar 21, 2019

5601 W Slauson Ave Ste 180Culver City, CA 90230

(310) 988-4000

Siviq Scores

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

Liabilities / Assets

91st percentile

0.96x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

3.46x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

37th percentile

-0.9%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

37th percentile

-1.9%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

44th percentile

1.5%

Faster revenue growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$3,789,577

Down $73,851 (-1.9%) from 2017

Net Assets

Down

$166,990

Down $9,058 (-5.1%) from 2017

Liabilities

Down

$3,622,587

Down $64,793 (-1.8%) from 2017

Revenue

Up

$1,047,865

Up $15,352 (+1.5%) from 2017

Expenses

Down

$1,056,923

Down $508,324 (-32%) from 2017

Net Income

Up

-$9,058

Up $523,676 (+98%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $631,885Liabilities 2011: $616,480Net Assets 2011: $15,4052011Assets 2012: $614,598Liabilities 2012: $534,477Net Assets 2012: $80,1212012Assets 2013: $538,979Liabilities 2013: $421,411Net Assets 2013: $117,5682013Assets 2014: $618,910Liabilities 2014: $393,522Net Assets 2014: $225,3882014Assets 2015: $595,954Liabilities 2015: $209,247Net Assets 2015: $386,7072015Assets 2016: $3,206,231Liabilities 2016: $2,913,083Net Assets 2016: $293,1482016Assets 2017: $3,863,428Liabilities 2017: $3,687,380Net Assets 2017: $176,0482017Assets 2018: $3,789,577Liabilities 2018: $3,622,587Net Assets 2018: $166,9902018Assets 2019: $3,804,330Liabilities 2019: $3,572,769Net Assets 2019: $231,5612019Assets 2020: $3,837,758Liabilities 2020: $3,574,135Net Assets 2020: $263,6232020Assets 2021: $3,854,736Liabilities 2021: $3,453,172Net Assets 2021: $401,5642021Assets 2022: $3,796,473Liabilities 2022: $3,404,829Net Assets 2022: $391,6442022Assets 2023: $4,075,917Liabilities 2023: $3,693,682Net Assets 2023: $382,2352023Assets 2024: $4,077,754Liabilities 2024: $3,673,477Net Assets 2024: $404,2772024

Highlighted filing

2018

Assets$3,789,577
Liabilities$3,622,587
Net Assets$166,990

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $476,066Expenses 2011: $507,962Net Income 2011: -$31,8962011Revenue 2012: $718,342Expenses 2012: $653,626Net Income 2012: $64,7162012Revenue 2013: $686,833Expenses 2013: $649,387Net Income 2013: $37,4462013Revenue 2014: $673,348Expenses 2014: $565,528Net Income 2014: $107,8202014Revenue 2015: $760,467Expenses 2015: $599,148Net Income 2015: $161,3192015Revenue 2016: $1,068,059Expenses 2016: $1,375,800Net Income 2016: -$307,7412016Revenue 2017: $1,032,513Expenses 2017: $1,565,247Net Income 2017: -$532,7342017Revenue 2018: $1,047,865Expenses 2018: $1,056,923Net Income 2018: -$9,0582018Revenue 2019: $1,062,697Expenses 2019: $998,126Net Income 2019: $64,5712019Revenue 2020: $1,042,708Expenses 2020: $1,010,646Net Income 2020: $32,0622020Revenue 2021: $1,153,533Expenses 2021: $1,015,592Net Income 2021: $137,9412021Revenue 2022: $1,065,477Expenses 2022: $1,075,397Net Income 2022: -$9,9202022Revenue 2023: $1,163,124Expenses 2023: $1,172,533Net Income 2023: -$9,4092023Revenue 2024: $1,136,746Expenses 2024: $1,114,704Net Income 2024: $22,0422024

Highlighted filing

2018

Revenue$1,047,865
Expenses$1,056,923
Net Income-$9,058
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Mar 21, 2019
Return Version
2017v2.3
Gross Receipts
$1,047,865
Mission and Program Overview

Mission

Provide management for and homes for developmentally disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,523,523$3,452,610▼ $70,913
Accounts Receivable$191,532$181,713▼ $9,819
Cash and Non-Interest-Bearing Accounts$92,347$102,990▲ $10,643
Prepaid Expenses and Deferred Charges$2,585$1,835▼ $750
Total Assets$3,863,428$3,789,577▼ $73,851
Other Assets Total$53,441$50,429▼ $3,012
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,622,894$3,545,621▼ $77,273
Accounts Payable and Accrued Expenses$33,537$38,452▲ $4,915
Other Liabilities$30,949$36,267▲ $5,318
Deferred Revenue-$2,247-
Total Liabilities$3,687,380$3,622,587▼ $64,793
Net Assets / Fund Balance
Unrestricted Net Assets$176,048$166,990▼ $9,058
Total Net Assets Fund Balance$176,048$166,990▼ $9,058
Total Liabilities and Net Assets / Fund Balance$3,863,428$3,789,577▼ $73,851

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,650,994-$2,650,994
Buildings$797,538$885,931$1,683,469
Equipment$4,078$72,761$76,839
Compensation and Service Providers

Board Members and Trustees

NameTitle
Woody GruningerPresident
Erik DuzellVice President
Mark WoodsmallBoard Member
Shelly HuntBoard Member
Roxy SzeftelSecretary
Roger OmaeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$261,775
Program Service Revenue
$786,090
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,008
Change in Net Assets
$-9,058

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,047,865
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,047,865
Total Revenue per Form 990
$1,047,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$670,438
Salaries, Compensation, and Employee Benefits$386,485
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$287,706$30,090-$317,796
Interest$162,069--$162,069
Depreciation Depletion$75,307--$75,307
Insurance$64,559$4,611-$69,170
Occupancy$40,680$8,931-$49,611
Other Employee Benefits$40,677$4,444-$45,121
Payroll Taxes$21,247$2,321-$23,568
Other Expenses$13,031$4,320-$13,031
All Other Expenses$11,611--$11,611
Total Functional Expenses$975,999$80,924$0$1,056,923

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,056,923
Total Expenses per Audited Statements$1,056,923
Total Expenses per Form 990$1,056,923
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$24,532
Due to Affilliates$11,735
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
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Section B, Line 11B

Tax returns are sent to the board of directors for approval.

Form 990, Part VI, Section B, Line 12C

Board members state no conflict of interest each year.

Form 990, Part VI, Section B, Line 15

Board reviews comparable organizations as part of salary review for the executive director.

Form 990, Part VI, Section C, Line 19

Documents are available upon request. Form 990 is also available on guidestar.org.

Filing and Contact Details

Filer

Filer Name
Home Ownership Made Easy
EIN
95-4234841
Phone
3109884000
Address
5601 W SLAUSON AVE STE 180, CULVER CITY, CA 90230

Signing Officer

Name
Norma Delgado
Title
Executive Director
Phone
3109884000
Signed
2019-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Woody Gruninger
Formed
1989
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
5

Preparer

Firm
Kkaj Llp
Address
27200 TOURNEY ROAD STE 475, VALENCIA, CA 91355
Preparer
Thomas E Engman
Phone
6617054222
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Management estimates that no tax positions taken by the organization would be adjusted by taxing authorities under examination. The organization's tax returns are still subject to examination by various tax authorities for tax years ending on or after june 30, 2014.

Raw XML AppendixShowing 400 of 416 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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0256757
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0440418
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03020889
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt035310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt011898
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt012968
IRS990ScheduleA/OtherIncome509Grp/TotalAmt060176
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportPY509Pct00.98300
IRS990ScheduleA/PublicSupportTotal509Amt04522076
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01047865
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01032513
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01032749
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0748569
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0660380
IRS990ScheduleA/Total509Grp/TotalAmt04522076
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01047865
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01068059
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0760467
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0885931
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01683469
IRS990ScheduleD/EquipmentGrp/BookValueAmt04078
IRS990ScheduleD/EquipmentGrp/DepreciationAmt072761
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt076839
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02650994
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011735
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILLIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ESTIMATES THAT NO TAX POSITIONS TAKEN BY THE ORGANIZATION WOULD BE ADJUSTED BY TAXING AUTHORITIES UNDER EXAMINATION. THE ORGANIZATION'S TAX RETURNS ARE STILL SUBJECT TO EXAMINATION BY VARIOUS TAX AUTHORITIES FOR TAX YEARS ENDING ON OR AFTER JUNE 30, 2014.
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IRS990ScheduleD/TotalExpensesPerForm990Amt01056923
IRS990ScheduleD/TotalLiabilityAmt036267
IRS990ScheduleD/TotalRevenuePerForm990Amt01047865
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01047865
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01056923
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURNS ARE SENT TO THE BOARD OF DIRECTORS FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS STATE NO CONFLICT OF INTEREST EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS COMPARABLE ORGANIZATIONS AS PART OF SALARY REVIEW FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt03863428
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0975999
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt03687380
IRS990/TotalLiabilitiesGrp/EOYAmt03622587
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0166990
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0975999
IRS990/TotalProgramServiceRevenueAmt0786090
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
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IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0176048
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0166990
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05601 W SLAUSON AVE STE 180
IRS990/USAddress/CityNm0CULVER CITY
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IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.HOMEOPENINGDOORS.ORG
IRS990/WhistleblowerPolicyInd01
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
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ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-21
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ReturnHeader/FilingSecurityInformation/IPDt02019-03-21

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$3.67$0.40$1.14$1.11$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.08$3.69$0.38$1.16$1.17$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.80$3.40$0.39$1.07$1.08$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.85$3.45$0.40$1.15$1.02$0.14
2020Detailed filing. Detailed filing data is available for this year.$3.84$3.57$0.26$1.04$1.01$0.03
2019Detailed filing. Detailed filing data is available for this year.$3.80$3.57$0.23$1.06$1.00$0.06
2018Detailed filing. Detailed filing data is available for this year.$3.79$3.62$0.17$1.05$1.06$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.86$3.69$0.18$1.03$1.57$0.53
2016Detailed filing. Detailed filing data is available for this year.$3.21$2.91$0.29$1.07$1.38$0.31
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.21$0.39$0.76$0.60$0.16
2014Summary only. Only limited summary data is available for this year.$0.62$0.39$0.23$0.67$0.57$0.11
2013Summary only. Only limited summary data is available for this year.$0.54$0.42$0.12$0.69$0.65$0.04
2012Summary only. Only limited summary data is available for this year.$0.61$0.53$0.08$0.72$0.65$0.06
2011Summary only. Only limited summary data is available for this year.$0.63$0.62$0.02$0.48$0.51$0.03