Civic Intelligence

Pueblo Nuevo Development

990 • Fiscal year 2013 • EIN 95-4446335

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 05, 2014

Organization ProfileWWW.PUEBLONUEVO.ORG

View Organization Page

3435 West Temple StreetLos Angeles, CA 90026

(213) 417-3413

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.42x

Higher debt load relative to assets than 62% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Liabilities / Revenue

96th percentile

7.46x

Higher debt load relative to revenue than 96% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Net Margin

51st percentile

4.1%

Higher net margin than 51% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Top Officer Pay

26th percentile

$152,768

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2013

Asset Growth

28th percentile

-0.4%

Faster asset growth than 28% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2012 to 2013

Revenue Growth

12th percentile

-16%

Faster revenue growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2011 to 2013

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$35,097,037

Down $127,064 (-0.4%) from 2012

Net Assets

Up

$20,379,365

Up $155,343 (+0.8%) from 2012

Liabilities

Down

$14,717,672

Down $282,407 (-1.9%) from 2012

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin51st percentile

Revenue

$1,973,592

No earlier filing loaded for comparison.

Expenses

Down

$1,892,658

Down $95,942 (-4.8%) from 2012

Net Income

$80,934

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$40M$30M$20M$10M$0Assets 2011: $35,304,515Liabilities 2011: $15,255,375Net Assets 2011: $20,049,1402011Assets 2012: $35,224,101Liabilities 2012: $15,000,079Net Assets 2012: $20,224,0222012Assets 2013: $35,097,037Liabilities 2013: $14,717,672Net Assets 2013: $20,379,3652013Assets 2014: $34,233,611Liabilities 2014: $14,201,830Net Assets 2014: $20,031,7812014Assets 2015: $33,012,226Liabilities 2015: $13,399,086Net Assets 2015: $19,613,1402015

Highlighted filing

2013

Assets$35,097,037
Liabilities$14,717,672
Net Assets$20,379,365
Open 2013 Filing

Operations Trend

Revenue Growth12th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,816,459Expenses 2011: $1,938,015Net Income 2011: $878,4442011Expenses 2012: $1,988,6002012Revenue 2013: $1,973,592Expenses 2013: $1,892,658Net Income 2013: $80,9342013Revenue 2014: $1,340,407Expenses 2014: $1,717,671Net Income 2014: -$377,2642014Revenue 2015: $1,292,346Expenses 2015: $1,754,248Net Income 2015: -$461,9022015

Highlighted filing

2013

Revenue$1,973,592
Expenses$1,892,658
Net Income$80,934
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 5, 2014
Return Version
2013v3.1
Gross Receipts
$1,973,592
Mission and Program Overview

Mission

To provide opportunities for economic and educational advancement for the residents of the greater macarthur park neighborhood.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,049,555$33,402,351▼ $647,204
Pledges and Grants Receivable$568,857$568,857→ $0
Savings and Temporary Cash Investments$150,106$280,577▲ $130,471
Investments Program Related$184,207$178,231▼ $5,976
Cash and Non-Interest-Bearing Accounts$128,041$103,726▼ $24,315
Prepaid Expenses and Deferred Charges$12,267$3,806▼ $8,461
Total Assets$35,224,101$35,097,037▼ $127,064
Other Assets Total$131,068$559,489▲ $428,421
Liabilities
Tax Exempt Bond Liabilities-$7,245,000-
Mortgage Notes Payable Secured by Investment Property$14,295,945$6,779,999▼ $7,515,946
Other Liabilities$698,284$623,875▼ $74,409
Accounts Payable and Accrued Expenses$5,850$68,798▲ $62,948
Total Liabilities$15,000,079$14,717,672▼ $282,407
Net Assets / Fund Balance
Unrestricted Net Assets$19,655,165$19,810,508▲ $155,343
Temporarily Rstr Net Assets$568,857$568,857→ $0
Total Net Assets Fund Balance$20,224,022$20,379,365▲ $155,343
Total Liabilities and Net Assets / Fund Balance$35,224,101$35,097,037▼ $127,064

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,417,888$5,590,196$31,008,084
Land$7,707,758-$7,707,758
Equipment$276,705$86,125$362,830
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Philip LanceFounder & ExFT$134,616$18,152$152,768
Philip LanceFounder & Exec Direc-$134,616$18,152$152,768

Board Members and Trustees

NameTitle
John WagnerChair
David PartidaBoard Member
Jerry RuizBoard Member
Dan ArdellMember
Eric HeggenSecretary
Atyani HowardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$548,000
Program Service Revenue
$1,417,839
Investment Income
$1,156
Other Revenue
$6,597
All Other Contributions
$548,000
Change in Net Assets
$80,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,728,580
Salaries, Compensation, and Employee Benefits$164,078
Total Fundraising Expense$68,690
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$810,222--$810,222
Depreciation Depletion$805,591--$805,591
Current Officers, Directors, Trustees, and Key Employees$85,030$23,190$46,381$154,601
Fees for Services Accounting$23,332$6,363$12,727$42,422
Insurance$8,776$2,393$4,787$15,956
Occupancy$10,707--$10,707
Payroll Taxes$5,212$1,422$2,843$9,477
Fees for Services Legal$6,060--$6,060
Other Expenses$1,922$524$1,048$3,494
Office Expenses$1,657$452$904$3,013
Conferences and Meetings$731$129-$860
Total Functional Expenses$1,789,495$34,473$68,690$1,892,658
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
LIABILITIES RE: INT. SWAP AGREEMENTS$623,875

Bond Issues

BondIssuerIssuedIssue PricePurpose
A68-02809172013-12-20$7,199,719REFINANCE EXISTING DEBT

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$7,199,719--$140,105

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The executive director reviews the form prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy at the annual board meeting.”

Form 990, Page 6, Part VI, Line 15A

“The board of directors reviews the executive director's performance and compensation annually. The independent board members review comparability data for compensation, deliberate, and make a contemporaneous decision in the absence of the executive director.”

Form 990, Page 6, Part VI, Line 15B

“SAME AS ABOVE.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

EIN
95-4446335
Phone
2134173413

Signing Officer

Name
Philip Lance
Title
Executive Director
Phone
2134173413
Signed
2014-06-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Lance
Formed
1993
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
1
Volunteers
6

Preparer

Preparer
Derrick Debruyne CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in value of interest rate swap agreements 74,409”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization has evaluated its tax positions and the certainty as to whether those positions will be sustained din the event of an audit by taxing authorities at the deferral and state levels. The primary tax positions evaluated are related to the organization's continued qualification as a tax exempt organization and whether there are unrelated business income activities conducted that would be taxable. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The organization files informational returns in the u.s. Federal jurisdiction, and the state of california. The statute of limitations for federal and california state purposes is generally three and four years, respectively.”

Raw XML AppendixShowing 400 of 600 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05850
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt068798
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE OPPORTUNITIES FOR ECONOMIC AND EDUCATIONAL ADVANCEMENT FOR THE RESIDENTS OF THE GREATER MACARTHUR PARK NEIGHBORHOOD.
IRS990/AllOtherContributionsAmt0548000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10PHILIP LANCE
IRS990/BooksInCareOfDetail/PhoneNum02134173413
IRS990/BooksInCareOfDetail/USAddress/AddressLine103435 WEST TEMPLE STREET
IRS990/BooksInCareOfDetail/USAddress/City0LOS ANGELES
IRS990/BooksInCareOfDetail/USAddress/State0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode090026
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0128041
IRS990/CashNonInterestBearingGrp/EOYAmt0103726
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt046381
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt023190
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt085030
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0154601
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0129
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0731
IRS990/ConferencesMeetingsGrp/TotalAmt0860
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0548000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01156
IRS990/CYOtherExpensesAmt01728580
IRS990/CYOtherRevenueAmt06597
IRS990/CYProgramServiceRevenueAmt01417839
IRS990/CYRevenuesLessExpensesAmt080934
IRS990/CYSalariesCompEmpBnftPaidAmt0164078
IRS990/CYTotalExpensesAmt01892658
IRS990/CYTotalFundraisingExpenseAmt068690
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01973592
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0805591
IRS990/DepreciationDepletionGrp/TotalAmt0805591
IRS990/Desc0TO EXPAND THE EDUCATION AND EMPLOYMENT OPPORTUNITIES FOR LOW INCOME RESIDENTS OF LOS ANGELES COUNTY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt01789496
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt012727
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06363
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt023332
IRS990/FeesForServicesAccountingGrp/TotalAmt042422
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt06060
IRS990/FeesForServicesLegalGrp/TotalAmt06060
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt018152
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PHILIP LANCE
IRS990/Form990PartVIISectionAGrp/PersonNm1ERIC HEGGEN
IRS990/Form990PartVIISectionAGrp/PersonNm2JERRY RUIZ
IRS990/Form990PartVIISectionAGrp/PersonNm3ATYANI HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID PARTIDA
IRS990/Form990PartVIISectionAGrp/PersonNm5JOHN WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm6DAN ARDELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0134616
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0FOUNDER & EX
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01973592
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt04787
IRS990/InsuranceGrp/ManagementAndGeneralAmt02393
IRS990/InsuranceGrp/ProgramServicesAmt08776
IRS990/InsuranceGrp/TotalAmt015956
IRS990/InterestGrp/ProgramServicesAmt0810222
IRS990/InterestGrp/TotalAmt0810222
IRS990/InvestmentIncomeGrp/ExclusionAmt01156
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01156
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0184207
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0178231
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05676321
IRS990/LandBldgEquipBasisNetGrp/BOYAmt034049555
IRS990/LandBldgEquipBasisNetGrp/EOYAmt033402351
IRS990/LandBldgEquipCostOrOtherBssAmt039078672
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE OPPORTUNITIES FOR ECONOMIC AND EDUCATIONAL ADVANCEMENT FOR THE RESIDENTS OF THE GREATER MACARTHUR PARK NEIGHBORHOOD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt014295945
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06779999
IRS990/NetAssetsOrFundBalancesBOYAmt020224022
IRS990/NetAssetsOrFundBalancesEOYAmt020379365
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt010707
IRS990/OccupancyGrp/TotalAmt010707
IRS990/OfficeExpensesGrp/FundraisingAmt0904
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0452
IRS990/OfficeExpensesGrp/ProgramServicesAmt01657
IRS990/OfficeExpensesGrp/TotalAmt03013
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0131068
IRS990/OtherAssetsTotalGrp/EOYAmt0559489
IRS990/OtherChangesInNetAssetsAmt074409
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1TAX AND LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt01048
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0524
IRS990/OtherExpensesGrp/ProgramServicesAmt030255
IRS990/OtherExpensesGrp/ProgramServicesAmt11922
IRS990/OtherExpensesGrp/TotalAmt030255
IRS990/OtherExpensesGrp/TotalAmt13494
IRS990/OtherLiabilitiesGrp/BOYAmt0698284
IRS990/OtherLiabilitiesGrp/EOYAmt0623875
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06597
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06597
IRS990/OtherRevenueTotalAmt06597
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02843
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01422
IRS990/PayrollTaxesGrp/ProgramServicesAmt05212
IRS990/PayrollTaxesGrp/TotalAmt09477
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0568857
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0568857
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012267
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03806
IRS990/PrincipalOfficerNm0PHILIP LANCE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01354643
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt163196
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01354643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt163196
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0-1
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0603857
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06240
IRS990/PYOtherExpensesAmt01815984
IRS990/PYOtherRevenueAmt0109049
IRS990/PYProgramServiceRevenueAmt01372195
IRS990/PYRevenuesLessExpensesAmt0102741
IRS990/PYSalariesCompEmpBnftPaidAmt0172616
IRS990/PYTotalExpensesAmt01988600
IRS990/PYTotalRevenueAmt02091341
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt080934
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01417839
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0150106
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0280577
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0OTHER INCOME 507,591
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0548000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0603857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01381424
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01729550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01414764
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05677595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06240
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0752
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01779
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03095
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013022
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01424436
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06597
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0109049
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt061087
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0272310
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt058548
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0507591
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.74370
IRS990ScheduleA/PublicSupportPY170Pct00.73500
IRS990ScheduleA/PublicSupportTotal170Amt04609496
IRS990ScheduleA/SubstantialContributorsTotAmt01068099
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0548000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0603857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01381424
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01729550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01414764
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05677595
IRS990ScheduleA/TotalSupportAmt06198364
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0156
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0156
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/BookValueAmt025417888
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05590196
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt031008084
IRS990ScheduleD/EquipmentGrp/BookValueAmt0276705
IRS990ScheduleD/EquipmentGrp/DepreciationAmt086125
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0362830
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt07707758
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07707758
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0623875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITIES RE: INT. SWAP AGREEMENTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED DIN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE DEFERRAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE ORGANIZATION'S CONTINUED QUALIFICATION AS A TAX EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ORGANIZATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033402351
IRS990ScheduleD/TotalLiabilityAmt0623875
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0134616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08152
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PHILIP LANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FOUNDER & EXEC DIREC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0152768
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine10WELLS FARGO
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine20BANK NATIONAL ASSOCIATION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct010.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0true
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02013-12-20
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0680280917
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt07199719
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine10CALIFORNIA SCHOOL FINANCE AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0REFINANCE EXISTING DEBT
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt0147915
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0140105
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingEscrowAmt06911699
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02013
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt07199719
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS THE FORM PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AT THE ANNUAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE AND COMPENSATION ANNUALLY. THE INDEPENDENT BOARD MEMBERS REVIEW COMPARABILITY DATA FOR COMPENSATION, DELIBERATE, AND MAKE A CONTEMPORANEOUS DECISION IN THE ABSENCE OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SAME AS ABOVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS 74,409
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine10SEE PT VII

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$35,097,037
Liabilities
$14,717,672
Net assets
$20,379,365
Revenue
$1,973,592
Expenses
$1,892,658
Net income
$80,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$33.0$13.4$19.6$1.29$1.75$0.46
2014Detailed filing. Detailed filing data is available for this year.$34.2$14.2$20.0$1.34$1.72$0.38
2013Detailed filing. Detailed filing data is available for this year.$35.1$14.7$20.4$1.97$1.89$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.2$15.0$20.2$1.99
2011Summary only. Only limited summary data is available for this year.$35.3$15.3$20.0$2.82$1.94$0.88