Civic Intelligence

Ben Eisenberg Properties - New Mart Building Inc

990 • Fiscal year 2017 • EIN 95-4793324

Jun 01, 2016 to May 31, 2017 • Filed on May 08, 2018

Organization ProfileN/A
12400 Wilshire BlvdLos Angeles, CA 90025

(310) 820-1232

Siviq Scores

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

Liabilities / Assets

35th percentile

0.07x

Higher debt load relative to assets than 35% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.28x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Net Margin

45th percentile

6.4%

Higher net margin than 45% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

74th percentile

$256,580

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Source year 2017

Asset Growth

60th percentile

1.3%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

25th percentile

-6.4%

Faster revenue growth than 25% of similar nonprofits.

2017 filings • 501(c)2 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets35th percentile

Assets

Up

$8,273,536

Up $103,096 (+1.3%) from 2016

Net Assets

Up

$7,691,780

Up $131,132 (+1.7%) from 2016

Liabilities

Down

$581,756

Down $28,036 (-4.6%) from 2016

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin45th percentile

Revenue

Down

$2,050,383

Down $140,884 (-6.4%) from 2016

Expenses

Down

$1,919,167

Down $330,833 (-15%) from 2016

Net Income

Up

$131,216

Up $189,949 (+323%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$15M$10M$5.0M$0Assets 2011: $8,843,876Liabilities 2011: $533,338Net Assets 2011: $8,310,5382011Assets 2012: $9,865,956Liabilities 2012: $1,225,063Net Assets 2012: $8,640,8932012Assets 2013: $8,369,677Liabilities 2013: $633,452Net Assets 2013: $7,736,2252013Assets 2014: $7,999,922Liabilities 2014: $476,743Net Assets 2014: $7,523,1792014Assets 2015: $8,170,125Liabilities 2015: $550,744Net Assets 2015: $7,619,3812015Assets 2016: $8,170,440Liabilities 2016: $609,792Net Assets 2016: $7,560,6482016Assets 2017: $8,273,536Liabilities 2017: $581,756Net Assets 2017: $7,691,7802017Assets 2018: $7,927,098Liabilities 2018: $553,671Net Assets 2018: $7,373,4272018Assets 2019: $9,058,900Liabilities 2019: $577,296Net Assets 2019: $8,481,6042019Assets 2020: $10,845,769Liabilities 2020: $776,179Net Assets 2020: $10,069,5902020Assets 2021: $11,885,983Liabilities 2021: $517,642Net Assets 2021: $11,368,3412021Assets 2022: $13,357,801Liabilities 2022: $581,093Net Assets 2022: $12,776,7082022Assets 2023: $4,216,557Liabilities 2023: $509,550Net Assets 2023: $3,707,0072023Assets 2024: $5,460,730Liabilities 2024: $5,460,730Net Assets 2024: $02024

Highlighted filing

2017

Assets$8,273,536
Liabilities$581,756
Net Assets$7,691,780
Open 2017 Filing

Operations Trend

Revenue Growth25th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,818,432Expenses 2011: $2,500,000Net Income 2011: $318,4322011Revenue 2012: $2,530,355Expenses 2012: $2,200,000Net Income 2012: $330,3552012Revenue 2013: $1,995,332Expenses 2013: $2,900,000Net Income 2013: -$904,6682013Revenue 2014: $2,026,954Expenses 2014: $2,240,000Net Income 2014: -$213,0462014Revenue 2015: $1,896,202Expenses 2015: $1,800,000Net Income 2015: $96,2022015Revenue 2016: $2,191,267Expenses 2016: $2,250,000Net Income 2016: -$58,7332016Revenue 2017: $2,050,383Expenses 2017: $1,919,167Net Income 2017: $131,2162017Revenue 2018: $2,401,764Expenses 2018: $2,720,117Net Income 2018: -$318,3532018Revenue 2019: $2,318,177Expenses 2019: $1,210,000Net Income 2019: $1,108,1772019Revenue 2020: $2,082,986Expenses 2020: $495,000Net Income 2020: $1,587,9862020Revenue 2021: $1,298,751Expenses 2021: $0Net Income 2021: $1,298,7512021Revenue 2022: $938,367Expenses 2022: $0Net Income 2022: $938,3672022Revenue 2023: $855,573Expenses 2023: $0Net Income 2023: $855,5732023Revenue 2024: $993,684Expenses 2024: $993,684Net Income 2024: $02024

Highlighted filing

2017

Revenue$2,050,383
Expenses$1,919,167
Net Income$131,216
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
May 8, 2018
Return Version
2016v3.0
Gross Receipts
$5,690,678
Mission and Program Overview

Mission

Holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, maintenance and capital expenditures, to an organization which itself is exempt under irc section 501(c)(3).

Holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt under IRC section 501

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,923,764$7,759,600▼ $164,164
Pd in Cap Srpls Land Bldg Eqp Fund$7,560,648$7,691,780▲ $131,132
Cash and Non-Interest-Bearing Accounts$22,342$334,005▲ $311,663
Accounts Receivable$183,288$138,290▼ $44,998
Prepaid Expenses and Deferred Charges$41,046$41,641▲ $595
Savings and Temporary Cash Investments-$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-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,170,440$8,273,536▲ $103,096
Other Assets Total-$0-
Liabilities
Other Liabilities$471,606$483,955▲ $12,349
Accounts Payable and Accrued Expenses$138,186$97,801▼ $40,385
Total Liabilities$609,792$581,756▼ $28,036
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,560,648$7,691,780▲ $131,132
Total Liabilities and Net Assets / Fund Balance$8,170,440$8,273,536▲ $103,096

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,516,598$13,412,402-
Land$1,071,000--
Leasehold Improvements$5,172,002$10,655,579-
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Juan Carlos Soltero-FT$68,203$68,203
Felipe Guevara-FT$45,962$45,962
Alejandro Lopez Arellano-FT$41,737$41,737
Arturo C Martinez-FT$41,613$41,613
Maria C Martinez-FT$27,049$27,049

Board Members and Trustees

NameTitle
Joyce EisenbergPresident
Joyce EisenbergDirector
Linda KeeferDirector
Norma BilchikDirector
Richard SternDirector
Richard A BenderCFO & Secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Spear SecurityProperty Management127 E 9th St 801, Los Angeles, CA 90015$619,741
-security guards1642 N Cahuenga 201, Hollywood, CA 90028$456,379
Downtown Electric CoElectrical Contracto3856 Mohawk Street, Pasadena, CA 91107$419,058
Westco Service CompanyGeneral ContractorPO Box 1062, Monrovia, CA 91017-1062$357,590
-Air conditioning9691 Sunland Blvd, Shadow Hills, CA 91040$93,710
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$3,787
Other Revenue
$2,046,596
Change in Net Assets
$131,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,050,383
Total Revenue per Audited Statements
$2,050,383
Total Revenue per Form 990
$2,050,383
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,919,167
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$1,919,167
Total Functional Expenses$0$0$0$1,919,167

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,919,167
Total Expenses per Audited Statements$1,919,167
Total Expenses per Form 990$1,919,167
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
Tenant Security Deposits$475,531
Prepaid Rent$8,424
Governance and Compliance

Governance Checklist

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

“Property management of the Organization's property - a 300,000 square foot showroom building. The property manager is responsible for the maintenance of the building and for the leasing activities with the tenants. The officers directly supervise and review the work of the property manager.”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Ben b and joyce e eisenberg foundation, a sec 501(c)(3) exempt organization, is the sole owner of the stock of this organization”

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

“The Form 990 is reviewed in detail by the organization's CFO and president before it is filed. The form 990 is then provided to the governing body for review at or near the time of filing, but the filing may occur prior in order to be timely filed.”

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

“We are a small organization with two officers and three independent directors. We diligently monitor our financial records for unusual transactions, and we inquire about potential conflicts periodically, at least annually.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Ben Eisenberg Prop - New Mart
EIN
95-4793324
Phone
3108201232
Address
12400 WILSHIRE BLVD, LOS ANGELES, CA 90025

Signing Officer

Name
Richard A Bender
Title
CFO & Secretary
Signed
2018-05-08

Organization Details

Principal Officer
Joyce Eisenberg
Voting Board Members
4
Independent Board Members
3
Employees
10
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“tax penalties = -$84”

Financial Statement Notes

Part X : FIN48 Footnote

“On June 1, 2009, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates and management believes there are no uncertain tax positions. Upon examination by tax authorities, the Organization does not anticipate any adjustments that would result in a material adverse affect on the Organization's financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at May 31, 2017.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990PartVIISectionAGrp/TitleTxt5CFO & Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05690678
IRS990/GrossRentsGrp/RealAmt05686891
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt03787
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03787
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024067981
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07923764
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07759600
IRS990/LandBldgEquipCostOrOtherBssAmt031827581
IRS990/LessRentalExpensesGrp/RealAmt03640295
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Holding title to property, collecting income therefrom, and turning over the entire amount thereof, less expenses, to an organization which itself is exempt under IRC section 501
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt07560648
IRS990/NetAssetsOrFundBalancesEOYAmt07691780
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02046596
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02046596
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-84
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt0471606
IRS990/OtherLiabilitiesGrp/EOYAmt0483955
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt01919167
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt07560648
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt07691780
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041046
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041641
IRS990/PrincipalOfficerNm0Joyce Eisenberg
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0131216
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02046596
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01516598
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013412402
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt014929000
IRS990ScheduleD/ExpensesSubtotalAmt01919167
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01071000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01071000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05172002
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt010655579
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt015827581
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08424
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1475531
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt02050383
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0On June 1, 2009, the Organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The Organization has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates and management believes there are no uncertain tax positions. Upon examination by tax authorities, the Organization does not anticipate any adjustments that would result in a material adverse affect on the Organization's financial condition, results of operations or cash flows. Accordingly, the Organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at May 31, 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07759600
IRS990ScheduleD/TotalExpensesPerForm990Amt01919167
IRS990ScheduleD/TotalLiabilityAmt0483955
IRS990ScheduleD/TotalRevenuePerForm990Amt02050383
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02050383
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01919167
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0240000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1180000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt016580
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Joyce Eisenberg
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Richard A Bender
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO & Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0256580
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1180000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Property management of the Organization's property - a 300,000 square foot showroom building. The property manager is responsible for the maintenance of the building and for the leasing activities with the tenants. The officers directly supervise and review the work of the property manager.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BEN B AND JOYCE E EISENBERG FOUNDATION, A SEC 501(C)(3) EXEMPT ORGANIZATION, IS THE SOLE OWNER OF THE STOCK OF THIS ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is reviewed in detail by the organization's CFO and president before it is filed. The form 990 is then provided to the governing body for review at or near the time of filing, but the filing may occur prior in order to be timely filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3We are a small organization with two officers and three independent directors. We diligently monitor our financial records for unusual transactions, and we inquire about potential conflicts periodically, at least annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5tax penalties = -$84
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0BEN B AND JOYCE E ENSENBERG FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0990246427
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PRIVATE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt012400 WILSHIRE BLVD STE 1250
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOS ANGELES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090025
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01919167
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0actual cash
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0BEN B AND JOYCE E ENSENBERG FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,273,536
Liabilities
$581,756
Net assets
$7,691,780
Revenue
$2,050,383
Expenses
$1,919,167
Net income
$131,216
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.46$5.46$0.00$0.99$0.99$0.00
2023Detailed filing. Detailed filing data is available for this year.$4.22$0.51$3.71$0.86$0.00$0.86
2022Detailed filing. Detailed filing data is available for this year.$13.4$0.58$12.8$0.94$0.00$0.94
2021Detailed filing. Detailed filing data is available for this year.$11.9$0.52$11.4$1.30$0.00$1.30
2020Detailed filing. Detailed filing data is available for this year.$10.8$0.78$10.1$2.08$0.50$1.59
2019Detailed filing. Detailed filing data is available for this year.$9.06$0.58$8.48$2.32$1.21$1.11
2018Summary only. Only limited summary data is available for this year.$7.93$0.55$7.37$2.40$2.72$0.32
2017Detailed filing. Detailed filing data is available for this year.$8.27$0.58$7.69$2.05$1.92$0.13
2016Summary only. Only limited summary data is available for this year.$8.17$0.61$7.56$2.19$2.25$0.06
2015Detailed filing. Detailed filing data is available for this year.$8.17$0.55$7.62$1.90$1.80$0.10
2014Detailed filing. Detailed filing data is available for this year.$8.00$0.48$7.52$2.03$2.24$0.21
2013Summary only. Only limited summary data is available for this year.$8.37$0.63$7.74$2.00$2.90$0.90
2012Summary only. Only limited summary data is available for this year.$9.87$1.23$8.64$2.53$2.20$0.33
2011Summary only. Only limited summary data is available for this year.$8.84$0.53$8.31$2.82$2.50$0.32