Civic Intelligence

Mountclef Community Association

990 • Fiscal year 2016 • EIN 95-4591002

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 15, 2017

3460 So BroadwayLos Angeles, CA 90007

(323) 231-1104

Siviq Scores

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

Liabilities / Assets

98th percentile

2.03x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

13.78x

Higher debt load relative to revenue than 98% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

22nd percentile

-4.7%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

3.3%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,149,909

Down $56,531 (-4.7%) from 2015

Net Assets

Down

-$1,179,639

Down $44,212 (-3.9%) from 2015

Liabilities

Down

$2,329,548

Down $12,319 (-0.5%) from 2015

Revenue

Up

$169,024

Up $5,349 (+3.3%) from 2015

Expenses

Down

$213,236

Down $100,224 (-32%) from 2015

Net Income

Up

-$44,212

Up $105,573 (+70%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2010: $1,647,009Liabilities 2010: $2,398,716Net Assets 2010: -$751,7072010Assets 2011: $1,542,400Liabilities 2011: $2,372,108Net Assets 2011: -$829,7082011Assets 2012: $1,478,078Liabilities 2012: $2,356,663Net Assets 2012: -$878,5852012Assets 2013: $1,414,151Liabilities 2013: $2,341,930Net Assets 2013: -$927,7792013Assets 2014: $1,342,319Liabilities 2014: $2,327,960Net Assets 2014: -$985,6412014Assets 2015: $1,206,440Liabilities 2015: $2,341,867Net Assets 2015: -$1,135,4272015Assets 2016: $1,149,909Liabilities 2016: $2,329,548Net Assets 2016: -$1,179,6392016Assets 2017: $1,080,388Liabilities 2017: $2,335,916Net Assets 2017: -$1,255,5282017Assets 2018: $1,051,548Liabilities 2018: $2,361,336Net Assets 2018: -$1,309,7882018Assets 2019: $997,176Liabilities 2019: $2,375,989Net Assets 2019: -$1,378,8132019Assets 2020: $944,040Liabilities 2020: $2,397,811Net Assets 2020: -$1,453,7712020Assets 2021: $896,999Liabilities 2021: $2,388,033Net Assets 2021: -$1,491,0342021Assets 2022: $858,665Liabilities 2022: $2,394,722Net Assets 2022: -$1,536,0572022Assets 2023: $799,580Liabilities 2023: $2,404,227Net Assets 2023: -$1,604,6472023Assets 2025: $718,654Liabilities 2025: $2,437,697Net Assets 2025: -$1,719,0432025

Highlighted filing

2016

Assets$1,149,909
Liabilities$2,329,548
Net Assets-$1,179,639

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $245,9712010Expenses 2011: $246,2022011Expenses 2012: $218,4252012Expenses 2013: $219,1452013Revenue 2014: $164,137Expenses 2014: $221,999Net Income 2014: -$57,8622014Revenue 2015: $163,675Expenses 2015: $313,460Net Income 2015: -$149,7852015Revenue 2016: $169,024Expenses 2016: $213,236Net Income 2016: -$44,2122016Revenue 2017: -$75,889Expenses 2017: $0Net Income 2017: -$75,8892017Revenue 2018: -$54,317Expenses 2018: $0Net Income 2018: -$54,3172018Revenue 2019: $189,070Expenses 2019: $258,136Net Income 2019: -$69,0662019Revenue 2020: $198,271Expenses 2020: $273,229Net Income 2020: -$74,9582020Revenue 2021: $198,348Expenses 2021: $235,611Net Income 2021: -$37,2632021Revenue 2022: $194,332Expenses 2022: $239,355Net Income 2022: -$45,0232022Revenue 2023: $199,509Expenses 2023: $268,099Net Income 2023: -$68,5902023Revenue 2025: $235,169Expenses 2025: $250,667Net Income 2025: -$15,4982025

Highlighted filing

2016

Revenue$169,024
Expenses$213,236
Net Income-$44,212
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 15, 2017
Return Version
2015v3.0
Gross Receipts
$169,024
Mission and Program Overview

Mission

The Organization's purpose is to provide low cost housing to persons of low or moderate income.

The organizations purpose is to provide low cost housing to persons of low or moderate income

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,062,366$989,673▼ $72,693
Savings and Temporary Cash Investments$131,394$136,320▲ $4,926
Prepaid Expenses and Deferred Charges$11,577$13,023▲ $1,446
Cash and Non-Interest-Bearing Accounts$19$10,565▲ $10,546
Intangible Assets$958$0▼ $958
Accounts Receivable$126$328▲ $202
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-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$1,206,440$1,149,909▼ $56,531
Other Assets Total-$0-
Liabilities
Grants Payable$1,298,808$1,298,808→ $0
Mortgage Notes Payable Secured by Investment Property$865,418$865,418→ $0
Other Liabilities$139,913$148,567▲ $8,654
Accounts Payable and Accrued Expenses$36,465$16,471▼ $19,994
Deferred Revenue$1,263$284▼ $979
Total Liabilities$2,341,867$2,329,548▼ $12,319
Net Assets / Fund Balance
Unrestricted Net Assets$-1,135,427$-1,179,639▼ $44,212
Total Net Assets Fund Balance$-1,135,427$-1,179,639▼ $44,212
Total Liabilities and Net Assets / Fund Balance$1,206,440$1,149,909▼ $56,531

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$727,692$1,316,082$2,043,774
Land$261,981-$261,981
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anna PoncePresident
Edward JohnsonVice President
Loretta GillettVice President
Richard WashingtonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$168,958
Investment Income
$66
Other Revenue
$0
Change in Net Assets
$-44,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$200,098
Salaries, Compensation, and Employee Benefits$13,138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$73,650--$73,650
Insurance$15,196--$15,196
Other Salaries and Wages$13,138--$13,138
Interest$8,654--$8,654
Other Expenses$8,493--$8,493
Fees for Services Accounting$8,120--$8,120
All Other Expenses$3,931--$3,931
Office Expenses$2,897--$2,897
Total Functional Expenses$213,236$0$0$213,236
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 Interest$148,566
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The management company handles all aspects of renting and maintaining the units, complying with all regulatory provisions including reporting to oversight agencies and accounting to the Board of Directors

Form 990, Part VI, Line 11B: Form 990 Review Process

Forms are explained before filing

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

Board members are questioned to determine if a conflict of interest condition exist.

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

Documents are made available to interested parties upon request

Filing and Contact Details

Filer

Filer Name
Mountclef Community Association
EIN
95-4591002
Phone
3232311104
Address
3460 SO BROADWAY, LOS ANGELES, CA 90007

Signing Officer

Name
Richard Washington
Title
Secretary
Signed
2017-02-15
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Marvin D Mason CPA
Address
18645 Sherman Way Ste 106, Reseda, CA 91335
Preparer
Marvin Mason
Phone
8189968202
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

Oversight process is consistent with prior year

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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/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0163663
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0162874
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0168906
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0168843
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0833244
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt066
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01263
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01045
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0705
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03091
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt066
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt012
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01263
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0705
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03091
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/InvestmentIncomePYPct00.00630
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99370
IRS990ScheduleA/PublicSupportTotal509Amt0833244
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0168958
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0163663
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0162874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0168906
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0168843
IRS990ScheduleA/Total509Grp/TotalAmt0833244
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0169024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0163675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0164137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0169951
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0169548
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0836335
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0727692
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01316082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02043774
IRS990ScheduleD/LandGrp/BookValueAmt0261981
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0261981
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0148566
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0989673
IRS990ScheduleD/TotalLiabilityAmt0148567
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The management company handles all aspects of renting and maintaining the units, complying with all regulatory provisions including reporting to oversight agencies and accounting to the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORMS ARE EXPLAINED BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members are questioned to determine if a conflict of interest condition exist.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are made available to interested parties upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OVERSIGHT PROCESS IS CONSISTENT WITH PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01206440
IRS990/TotalAssetsEOYAmt01149909
IRS990/TotalAssetsGrp/BOYAmt01206440
IRS990/TotalAssetsGrp/EOYAmt01149909
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0213236
IRS990/TotalFunctionalExpensesGrp/TotalAmt0213236
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02341867
IRS990/TotalLiabilitiesEOYAmt02329548
IRS990/TotalLiabilitiesGrp/BOYAmt02341867
IRS990/TotalLiabilitiesGrp/EOYAmt02329548
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1135427
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1179639
IRS990/TotalProgramServiceExpensesAmt0213236
IRS990/TotalProgramServiceRevenueAmt0168958
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0169024
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0169024
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01206440
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01149909
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-1135427
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1179639
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD WASHINGTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOUNTCLEF COMMUNITY ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0954591002
ReturnHeader/Filer/PhoneNum03232311104
ReturnHeader/Filer/USAddress/AddressLine1Txt03460 SO BROADWAY
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090007
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Marvin D Mason CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018645 Sherman Way Ste 106

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$2.44$1.72$0.24$0.25$0.02
2023Summary only. Only limited summary data is available for this year.$0.80$2.40$1.60$0.20$0.27$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$2.39$1.54$0.19$0.24$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$2.39$1.49$0.20$0.24$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$2.40$1.45$0.20$0.27$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$2.38$1.38$0.19$0.26$0.07
2018Summary only. Only limited summary data is available for this year.$1.05$2.36$1.31$0.05$0.00$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$2.34$1.26$0.08$0.00$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.15$2.33$1.18$0.17$0.21$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.21$2.34$1.14$0.16$0.31$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.34$2.33$0.99$0.16$0.22$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$2.34$0.93$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$2.36$0.88$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$2.37$0.83$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$2.40$0.75$0.25