Civic Intelligence

Park Parthenia Ltd a California Non Profit Corporation

990 • Fiscal year 2014 • EIN 95-4438489

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 07, 2015

Organization ProfileN/A

Refreshing map…

19100 Parthenia Street 5Northridge, CA 91324

(818) 772-1080

Siviq Scores

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

Liabilities / Assets

97th percentile

1.34x

Higher debt load relative to assets than 97% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

94th percentile

5.44x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

27th percentile

-3.3%

Higher net margin than 27% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

20th percentile

$16,200

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

34th percentile

-1.0%

Faster asset growth than 34% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

35th percentile

-0.5%

Faster revenue growth than 35% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$7,648,155

Down $74,082 (-1.0%) from 2013

Net Assets

Up

-$2,565,189

Up $53,378 (+2.0%) from 2013

Liabilities

Down

$10,213,344

Down $127,460 (-1.2%) from 2013

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin27th percentile

Revenue

Down

$1,876,682

Down $10,207 (-0.5%) from 2013

Expenses

Down

$1,938,509

Down $446,070 (-19%) from 2013

Net Income

Up

-$61,827

Up $435,863 (+88%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $909,669Liabilities 2010: $2,170,376Net Assets 2010: -$1,260,7072010Assets 2011: $7,606,346Liabilities 2011: $9,437,581Net Assets 2011: -$1,831,2352011Assets 2012: $7,907,709Liabilities 2012: $10,028,587Net Assets 2012: -$2,120,8782012Assets 2013: $7,722,237Liabilities 2013: $10,340,804Net Assets 2013: -$2,618,5672013Assets 2014: $7,648,155Liabilities 2014: $10,213,344Net Assets 2014: -$2,565,1892014Assets 2015: $7,275,763Liabilities 2015: $10,196,781Net Assets 2015: -$2,921,0182015Assets 2016: $7,161,200Liabilities 2016: $10,187,331Net Assets 2016: -$3,026,1312016Assets 2017: $5,728,752Liabilities 2017: $7,473,514Net Assets 2017: -$1,744,7622017Assets 2018: $2,635,387Liabilities 2018: $5,143,518Net Assets 2018: -$2,508,1312018Assets 2019: $2,527,295Liabilities 2019: $5,182,709Net Assets 2019: -$2,655,4142019Assets 2020: $2,479,177Liabilities 2020: $4,739,256Net Assets 2020: -$2,260,0792020Assets 2021: $2,400,817Liabilities 2021: $4,308,087Net Assets 2021: -$1,907,2702021Assets 2022: $2,478,339Liabilities 2022: $3,852,981Net Assets 2022: -$1,374,6422022Assets 2023: $2,808,687Liabilities 2023: $3,583,909Net Assets 2023: -$775,2222023Assets 2024: $2,502,758Liabilities 2024: $3,562,538Net Assets 2024: -$1,059,7802024

Highlighted filing

2014

Assets$7,648,155
Liabilities$10,213,344
Net Assets-$2,565,189
Open 2014 Filing

Operations Trend

Revenue Growth35th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,258,4512010Expenses 2011: $1,986,1202011Expenses 2012: $2,150,5622012Revenue 2013: $1,886,889Expenses 2013: $2,384,579Net Income 2013: -$497,6902013Revenue 2014: $1,876,682Expenses 2014: $1,938,509Net Income 2014: -$61,8272014Revenue 2015: $1,865,943Expenses 2015: $2,221,774Net Income 2015: -$355,8312015Revenue 2016: $1,911,399Expenses 2016: $2,016,512Net Income 2016: -$105,1132016Revenue 2017: $5,101,462Expenses 2017: $3,820,093Net Income 2017: $1,281,3692017Revenue 2018: $3,854,757Expenses 2018: $4,618,126Net Income 2018: -$763,3692018Revenue 2019: $1,303,084Expenses 2019: $1,450,367Net Income 2019: -$147,2832019Revenue 2020: $1,896,799Expenses 2020: $1,501,464Net Income 2020: $395,3352020Revenue 2021: $1,850,691Expenses 2021: $1,497,882Net Income 2021: $352,8092021Revenue 2022: $1,999,244Expenses 2022: $1,466,616Net Income 2022: $532,6282022Revenue 2023: $2,147,608Expenses 2023: $1,588,571Net Income 2023: $559,0372023Revenue 2024: $1,174,257Expenses 2024: $1,458,818Net Income 2024: -$284,5612024

Highlighted filing

2014

Revenue$1,876,682
Expenses$1,938,509
Net Income-$61,827
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 7, 2015
Return Version
2014v5.0
Gross Receipts
$1,876,682
Mission and Program Overview

Mission

To preserve and provide safe and adequate housing for low- and moderate- income families.

To provide affordable housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,292,383$7,182,840▼ $109,543
Cash and Non-Interest-Bearing Accounts$396,077$431,991▲ $35,914
Investments in Publicly Traded Securities$29,340$29,340→ $0
Intangible Assets$4,437$3,984▼ $453
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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$7,722,237$7,648,155▼ $74,082
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,461,325$8,444,298▼ $17,027
Other Liabilities$1,879,479$1,769,046▼ $110,433
Total Liabilities$10,340,804$10,213,344▼ $127,460
Net Assets / Fund Balance
Unrestricted Net Assets$-2,618,567$-2,565,189▲ $53,378
Total Net Assets Fund Balance$-2,618,567$-2,565,189▲ $53,378
Total Liabilities and Net Assets / Fund Balance$7,722,237$7,648,155▼ $74,082

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,543,880-$4,543,880
Buildings$2,628,323$474,401$3,102,724
Leasehold Improvements$10,637$6,733$17,370
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Peiann P LeeSec/TRES/DIRECTPT$16,200$16,200

Board Members and Trustees

NameTitle
Samuel LeungPresident/DIREC
David LeungDirector
Shirley F LaiDirector
Nancy BushVP/director
Revenue and Support

Revenue Composition

Contributions and Grants
$1,049,303
Program Service Revenue
$824,553
Investment Income
$1,487
Other Revenue
$1,339
Change in Net Assets
$-61,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,910,889
Salaries, Compensation, and Employee Benefits$17,620
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$305,964--$305,964
Depreciation Depletion$109,996--$109,996
Fees for Services Management$60,820--$60,820
Other Expenses$47,489--$47,489
Office Expenses$44,358--$44,358
All Other Expenses$37,158$1,132-$38,290
Insurance$21,058--$21,058
Current Officers, Directors, Trustees, and Key Employees-$16,200-$16,200
Grants to Domestic Orgs$10,000--$10,000
Fees for Services Legal$1,570--$1,570
Payroll Taxes$710$710-$1,420
Fees for Services Other-$884-$884
Advertising$687--$687
Total Functional Expenses$1,919,583$18,926$0$1,938,509
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
LAPD Devonshire PALSNorthridge, CA--$10,000
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
Share of Partnership Deficit$1,715,654
Security Deposits$53,392
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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

“The governing body of the organization reviews the completed tax returns prior to filing.”

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

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Park Parthenia LTD
EIN
95-4438489
Phone
8187721080
Address
19100 PARTHENIA STREET 5, NORTHRIDGE, CA 91324

Signing Officer

Name
Peiann Lee
Title
Secretary
Signed
2015-08-07
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
1

Preparer

Firm
Fong & Associates CPAs
Address
2980 Columbia Street, Torrance, CA 90503
Preparer
Merrietta L Fong CPA
Phone
3105399400
Supplemental Narrative

Additional Explanations

Client Note 1

“Client Note 1 - ADDITIONAL DETAILS: LINE 11a, FORM 990, PART VIIIPARK PARTHENIA, LTD., A CALIFORNIA NON-PROFIT CORPORATON, WAS FIRST INCORPORATED IN JULY OF 1993. IN JANUARY OF 1997, IT ASSUMED THE RESPONSIBILITY OF GENERAL PARTNER IN A HOUSING PARTNERSHIP. PRIOR TO 1997, THE ORGANIZATION WAS NOT FULLY ACTIVE AND WAS FINANCIALLY SUSTAINED BY CONTRIBUTIONS FROM ITS FOUNDER. THE ORGANIZATION WAS GRANTED AND ACCEPTED A 1% OWNERSHIP IN THE PARTNERSHIP UNDER THE STRICT REQUIREMENT THAT ALL ADVANTAGES OF THE NEW GENERAL PARTNER'S NON-PROFIT STATUS WOULD INURE TO THE BENEFIT OF THE PARTNERSHIP'S LIABILITIES AND CAPITAL DEFICIT AT THE TIME IT BECAME GENERAL PARTNER. THE GENERAL PARTNER'S SHARE OF THE PARTNERSHIP'S INCOME FOR THE YEAR 2014 WAS: RENTAL INCOME (LOSS) $ 1,284 THE PARTNERSHIP LIABILITIES ARE GREATER THAN THE PARTNERSHIP ASSETS. THE LIABILITIES ARE ALL NONRECOURSE, AND THE PARTNERSHIP ITSELF AND THE PARTNERSHIP'S ASSETS HAVE NO MATERIAL MARKET VALUE GREATER THAN THE ATTACHED LIABILITIES.”

Raw XML AppendixShowing 400 of 446 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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IRS990/OtherExpensesGrp/TotalAmt01037668
IRS990/OtherExpensesGrp/TotalAmt1172899
IRS990/OtherExpensesGrp/TotalAmt269206
IRS990/OtherExpensesGrp/TotalAmt347489
IRS990/OtherLiabilitiesGrp/BOYAmt01879479
IRS990/OtherLiabilitiesGrp/EOYAmt01769046
IRS990/OtherRevenueMiscGrp/Desc0K-1 R. E.
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01339
IRS990/OtherRevenueTotalAmt01339
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0710
IRS990/PayrollTaxesGrp/ProgramServicesAmt0710
IRS990/PayrollTaxesGrp/TotalAmt01420
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt0115205
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0824553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0824553
IRS990/ProgSrvcAccomActy2Grp/Desc0IN 1999, THE ORGANIZATION PURCHASED A SIX UNIT APARTMENT BUILDING IN THE PARK PARTHENIA COMPLEX AND BEGAN PROVIDING THIS ADDITIONAL HOUSING TO ANOTHER 30 INDIVIDUALS.IN 2001, THE ORGANIZATION PURCHASED AN ADDITIONAL 8 UNIT APARTMENT BUILDING IN THE PARK PARTHENIA COMPLEX AND BEGAN PROVIDING THIS ADDITIONAL HOUSING TO ANOTHER 40 INDIVIDUALS.During the year 2011, the Organization purchased 23 units of single family houses in disstressed areas. Repairs and maintenance were completed in order to provide affordable housing for low and moderate income families. By the end of 2011 16 houses were rented out.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0665697
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0651988
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01105237
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010000
IRS990/PYInvestmentIncomeAmt01534
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02355035
IRS990/PYOtherRevenueAmt0-1739
IRS990/PYProgramServiceRevenueAmt0781857
IRS990/PYRevenuesLessExpensesAmt0-497690
IRS990/PYSalariesCompEmpBnftPaidAmt019544
IRS990/PYTotalExpensesAmt02384579
IRS990/PYTotalRevenueAmt01886889
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-61827
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0178165
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01049303
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01105237
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01137412
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01175165
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01172395
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05639512
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01487
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01534
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01504
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01660
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01403
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07588
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01487
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01534
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01504
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01660
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01403
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07588
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0830153
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0781857
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0697820
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0238767
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0128356
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02676953
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.67750
IRS990ScheduleA/PublicSupportPY509Pct00.74560
IRS990ScheduleA/PublicSupportTotal509Amt05639512
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01049303
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01105237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01137412
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01175165
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01172395
IRS990ScheduleA/Total509Grp/TotalAmt05639512
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01880943
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01888628
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01836736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01415592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01302154
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08324053
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02628323
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0474401
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03102724
IRS990ScheduleD/LandGrp/BookValueAmt04543880
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04543880
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt010637
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06733
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt017370
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt053392
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11715654
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SHARE OF PARTNERSHIP DEFICIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07182840
IRS990ScheduleD/TotalLiabilityAmt01769046
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LAPD Devonshire PALS
IRS990ScheduleI/RecipientTable/RecipientEIN0237270505
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08721 Wilbur Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Northridge
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd091324
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Client Note 1 - ADDITIONAL DETAILS: LINE 11a, FORM 990, PART VIIIPARK PARTHENIA, LTD., A CALIFORNIA NON-PROFIT CORPORATON, WAS FIRST INCORPORATED IN JULY OF 1993. IN JANUARY OF 1997, IT ASSUMED THE RESPONSIBILITY OF GENERAL PARTNER IN A HOUSING PARTNERSHIP. PRIOR TO 1997, THE ORGANIZATION WAS NOT FULLY ACTIVE AND WAS FINANCIALLY SUSTAINED BY CONTRIBUTIONS FROM ITS FOUNDER. THE ORGANIZATION WAS GRANTED AND ACCEPTED A 1% OWNERSHIP IN THE PARTNERSHIP UNDER THE STRICT REQUIREMENT THAT ALL ADVANTAGES OF THE NEW GENERAL PARTNER'S NON-PROFIT STATUS WOULD INURE TO THE BENEFIT OF THE PARTNERSHIP'S LIABILITIES AND CAPITAL DEFICIT AT THE TIME IT BECAME GENERAL PARTNER. THE GENERAL PARTNER'S SHARE OF THE PARTNERSHIP'S INCOME FOR THE YEAR 2014 WAS: RENTAL INCOME (LOSS) $ 1,284 THE PARTNERSHIP LIABILITIES ARE GREATER THAN THE PARTNERSHIP ASSETS. THE LIABILITIES ARE ALL NONRECOURSE, AND THE PARTNERSHIP ITSELF AND THE PARTNERSHIP'S ASSETS HAVE NO MATERIAL MARKET VALUE GREATER THAN THE ATTACHED LIABILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing body of the organization reviews the completed tax returns prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Client Note 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07722237
IRS990/TotalAssetsEOYAmt07648155
IRS990/TotalAssetsGrp/BOYAmt07722237
IRS990/TotalAssetsGrp/EOYAmt07648155
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01049303
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018926
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01919583
IRS990/TotalFunctionalExpensesGrp/TotalAmt01938509
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010340804
IRS990/TotalLiabilitiesEOYAmt010213344
IRS990/TotalLiabilitiesGrp/BOYAmt010340804
IRS990/TotalLiabilitiesGrp/EOYAmt010213344
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2618567
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-2565189

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,648,155
Liabilities
$10,213,344
Net assets
-$2,565,189
Revenue
$1,876,682
Expenses
$1,938,509
Net income
-$61,827
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.50$3.56$1.06$1.17$1.46$0.28
2023Summary only. Only limited summary data is available for this year.$2.81$3.58$0.78$2.15$1.59$0.56
2022Summary only. Only limited summary data is available for this year.$2.48$3.85$1.37$2.00$1.47$0.53
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$4.31$1.91$1.85$1.50$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$4.74$2.26$1.90$1.50$0.40
2019Summary only. Only limited summary data is available for this year.$2.53$5.18$2.66$1.30$1.45$0.15
2018Summary only. Only limited summary data is available for this year.$2.64$5.14$2.51$3.85$4.62$0.76
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.73$7.47$1.74$5.10$3.82$1.28
2016Summary only. Only limited summary data is available for this year.$7.16$10.2$3.03$1.91$2.02$0.11
2015Detailed filing. Detailed filing data is available for this year.$7.28$10.2$2.92$1.87$2.22$0.36
2014Detailed filing. Detailed filing data is available for this year.$7.65$10.2$2.57$1.88$1.94$0.06
2013Summary only. Only limited summary data is available for this year.$7.72$10.3$2.62$1.89$2.38$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.91$10.0$2.12$2.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.61$9.44$1.83$1.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$2.17$1.26$1.26