Reliant Asset Management Solutions

Tax-deductible

Redlands, CA501(c)(3)HousingEIN 47-3300919

Reliant asset management solutions ("reliant ams") is a nonprofit public benefit organization founded in february 2015 to provide asset management services to affordable housing owners and to conduct or perform ancillary or related activity in furtherance of the foregoing as a means of promoting the common good, general welfare of the people of california, and to lessen the burden of government. Reliant ams is based in san bernardino, california.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
Run by 4 volunteers and 39 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $28K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$128K
to officers and key staff · 13% of spending
Top officer’s pay higher than 57% of similar orgs
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$122K
17% of total assets
Looks good: liabilities are 17% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
+8% vs prior year
Spent
$952K
To programs
60%
Net assets
$611K
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +8%
Revenue by fiscal year
FY2020$865K
FY2021$1.0M
FY2022$967K
FY2023$1.0M
FY2024$1.1M
Expenses
$952K
FY2024▲ +8%
Expenses by fiscal year
FY2020$884K
FY2021$930K
FY2022$1.2M
FY2023$880K
FY2024$952K
Net assets
$611K
FY2024▲ +34%
Net assets by fiscal year
FY2020$445K
FY2021$518K
FY2022$311K
FY2023$456K
FY2024$611K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $566K Management & general 40% · $385K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $128K paid to officers and key staff.

Part VII, Section A · reportable compensation
$127,217Pt VII · Sec A
$175Pt VII · Sec A
$150Pt VII · Sec A
$150Pt VII · Sec A
$75Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Theresa Ibarra’s $127K as CEO/CFO is at the 57th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Theresa Ibarra$127,217$131,798$116,487—
Jim Weaver———$117,654
Vickie Lauden$150$200$50—
Alison Crawford$175$150$50—
Cheryl Gonzalez$75$150——
Roselee Detevis$150$150——
Tina Scott——$50—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Manages assets for affordable housing owners, promoting California's common good.

Provided by the organization

This section is blank until Reliant Asset Management Solutions claims this page.

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1 program service account for $566K of program spending, described in the organization's own filed words · FY2024.
01

Reliant asset management solutions ("reliant ams"), is a non-profit organization formed to further the mission of operating and sustaining affordable housing. It will provide management solutions in several areas, from full service property management, physical inspections related to all types of housing units and other related services.

$566Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$229
Money outPt IX
$952K
Ln 25
Programscol B$566K
Managementcol C$385K
Owns and owesPt X
$611K
net assets · Ln 32
Cash and savingsLn 1–2$569K
Total assetsLn 16$733K
LiabilitiesLn 26$122K
PeoplePt VI, VII
6
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$229
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$569K
Cash and savings togetherLn 1–2$569K
Land, buildings, equipmentLn 10c$36K
Total assetsLn 16$733K
LiabilitiesLn 26$122K
Net assetsLn 32$611K
OperationsPt I, VI
EmployeesI 539
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$340K$569K
Land, buildings, equipmentLn 10c$0$36K
Total assetsLn 16$599K$733K
LiabilitiesLn 26$143K$122K
Net assetsLn 32$456K$611K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$550$550
Other salaries and wagesLn 7$320K$320K
Pension plan contributionsLn 8$5K$5K
Other employee benefitsLn 9$62K$38K$24K
Payroll taxesLn 10$31K$31K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$172K$172K
Advertising and promotionLn 12$645$645
Office expensesLn 13$132K$132K
OccupancyLn 16$64K$64K
TravelLn 17$41K$41K
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$95K$95K
Other expenses (24a–d)Ln 24$2K$2K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$952K$566K$385K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.1M$952K$156K$611K 990 PDF
FY2023 $1.0M$880K$145K$456K 990 PDF
FY2022 $967K$1.2M−$212K$311K 990 PDF
FY2021 $1.0M$930K$73K$518K 990 PDF
FY2020 $865K$884K−$19K$445K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,107,310 across 2 lines filed
Lines not itemized here account for $229 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,107,081$1,107,081
VIII-12 Total revenueRelated to mission $1,107,310 · Unrelated business $0 · Excluded from tax $0$1,107,310
Part IX · Statement of functional expenses $951,760 across 16 lines filed
IX-5 Pay of current officers, directors and key staffManagement $550$550
IX-7 Other salaries and wagesPrograms $319,910$319,910
IX-8 Pension plan contributionsPrograms $4,755$4,755
IX-9 Other employee benefitsPrograms $38,383 · Management $24,029$62,412
IX-10 Payroll taxesPrograms $31,028$31,028
IX-11b Legal feesManagement $2,777$2,777
IX-11c Accounting feesManagement $12,102$12,102
IX-11g Other fees for servicesPrograms $172,405$172,405
IX-12 Advertising and promotionManagement $645$645
IX-13 Office expensesManagement $131,734$131,734
IX-16 OccupancyManagement $63,995$63,995
IX-17 TravelManagement $40,963$40,963
IX-22 Depreciation, depletion and amortizationManagement $8,146$8,146
IX-23 InsuranceManagement $94,520$94,520
IX-24 Other expenses (24a–d)Management $2,147$2,147
IX-24e All other expensesManagement $3,671$3,671
IX-25 Total functional expensesPrograms $566,481 · Management $385,279 · Fundraising $0$951,760
Part X · Balance sheet $732,901 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $339,797$569,323
X-4 Accounts receivableStart of year $142,182$57,674
X-8 Inventories for sale or useStart of year $2,370$0
X-9 Prepaid expenses and deferred chargesStart of year $93,651$62,578
X-10c Land, buildings and equipment, netStart of year $0$36,275
X-14 Intangible assetsStart of year $21,153$7,051
X-16 Total assetsStart of year $599,153$732,901
X-17 Accounts payable and accrued expensesStart of year $122,214$76,264
X-25 Other liabilitiesStart of year $21,259$45,407
X-26 Total liabilitiesStart of year $143,473$121,671
X-27 Net assets without donor restrictionsStart of year $455,680$611,230
X-32 Total net assets or fund balancesStart of year $455,680$611,230
X-33 Total liabilities and net assetsStart of year $599,153$732,901
Part XI · Reconciliation of net assets $611,230 net assets at year end
XI-1 Total revenue$1,107,310
XI-2 Total expenses$951,760
XI-3 Revenue less expenses$155,550
XI-4 Net assets at start of year$455,680
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$611,230

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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