Spring Valley Manor INC FY2020 filing

Tax-deductible

Phoenix, AZ501(c)(3)Since 1996HousingEIN 86-0787634Revenue $165K in FY2020

On file with the IRSallthrive365.org1201 E Thomas Rd, 85014-5734 · Phoenix, AZTax-exempt since Feb 1996Publicly supported charity — 170(b)(1)(A)(vi)

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Our holistic approach prepares and embraces individuals to age independently, safely and with peace of mind.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2020 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $24K a year · 14% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$37K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$165K
Spent
$197K
To programs
89%
Net assets
$749K
By yearFY2020–FY2025
Revenue
$165K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$165K
FY2021$169K
FY2022$173K
FY2023$169K
FY2024$175K
FY2025$177K
Expenses
$197K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$197K
FY2021$177K
FY2022$170K
FY2023$223K
FY2024$199K
FY2025$205K
Net assets
$749K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$749K
FY2021$740K
FY2022$743K
FY2023$689K
FY2024$666K
FY2025$638K

From the FY2020 Form 990 (year ending June 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1996.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $176K Management & general 11% · $21K

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

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Board Secretary
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
COO & Vice President
$0Pt VII · Sec A
CEO & President
$0Pt VII · Sec A
Cao (thru 2/20)
$0Pt VII · Sec A
$0Pt VII · Sec A
See Spring Valley Manor INC executive salaries →

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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

Helps people age independently, safely, and with peace of mind.

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Provided by the organization

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1 program · $176K · in their own filed words · FY2019
01

Through its affiliates, foundation for senior living (FSL) has been caring for arizonans since 1974. We provide a safe home for nearly 1,000 arizonans each night through the development of both single- and multi-family homes and the management of multi-family affordable housing complexes and residential behavioral health group homes.

$176Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$165K
Ln 12
Fees for servicesLn 2g$167K
Investment incomeLn 3$27
Money outPt IX
$197K
Ln 25
Programscol B$176K
Managementcol C$21K
Owns and owesPt X
$749K
net assets · Ln 32
Cash and savingsLn 1–2$36K
Total assetsLn 16$785K
LiabilitiesLn 26$37K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$167K
Investment incomeLn 3$27
Gains on assetsLn 7−$2K
Total revenueLn 12$165K
Assets in detailPt X, end of year
CashLn 1$10K
SavingsLn 2$25K
Cash and savings togetherLn 1–2$36K
Land, buildings, equipmentLn 10c$660K
Other assetsLn 15$90K
Total assetsLn 16$785K
LiabilitiesLn 26$37K
Net assetsLn 32$749K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
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 FY20End FY20
Cash and savingsLn 1–2$21K$36K
Land, buildings, equipmentLn 10c$690K$660K
Total assetsLn 16$809K$785K
LiabilitiesLn 26$29K$37K
Net assetsLn 32$781K$749K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$33K$33K
Pension plan contributionsLn 8$306$306
Other employee benefitsLn 9$8K$8K
Payroll taxesLn 10$4K$4K
Management feesLn 11a$11K$11K
Accounting feesLn 11c$11K$11K
Other fees for servicesLn 11g$666$666
Advertising and promotionLn 12$655$655
Office expensesLn 13$9K$9K
Information technologyLn 14$2K$2K
OccupancyLn 16$16K$16K
TravelLn 17$1K$1K
Depreciation, depletion and amortizationLn 22$28K$28K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$72K$72K
All other expensesLn 24e$438$438
Total functional expensesLn 25$197K$176K$21K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $177K$205K−$28K$638K 990 PDF
FY2024 $175K$199K−$23K$666K 990 PDF
FY2023 $169K$223K−$54K$689K 990 PDF
FY2022 $173K$170K$3K$743K 990 PDF
FY2021 $169K$177K−$8K$740K 990 PDF
FY2020 Viewing $165K$197K−$32K$749K 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 FY2020 990 (6 parts)
Part I · Summary $165,205 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $138,410$166,666
I-10 Investment incomePrior year −$165−$2,084
I-11 Other revenuePrior year $1,599$623
I-12 Total revenuePrior year $139,844$165,205
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $37,234$45,042
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $117,358$152,324
I-18 Total expensesPrior year $154,592$197,366
I-19 Revenue less expensesPrior year −$14,748−$32,161
Part VI · Governance 0 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $165,205 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $166,666$166,666
VIII-3 Investment incomeExcluded from tax $27$27
VIII-7 Net gain or loss on sales of assetsRelated to mission −$2,111−$2,111
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $623$623
VIII-12 Total revenueRelated to mission $165,178 · Unrelated business $0 · Excluded from tax $27$165,205
Part IX · Statement of functional expenses $197,366 across 16 lines filed
IX-7 Other salaries and wagesPrograms $32,565$32,565
IX-8 Pension plan contributionsPrograms $306$306
IX-9 Other employee benefitsPrograms $7,839$7,839
IX-10 Payroll taxesPrograms $4,332$4,332
IX-11a Management feesManagement $10,560$10,560
IX-11c Accounting feesManagement $10,652$10,652
IX-11g Other fees for servicesPrograms $666$666
IX-12 Advertising and promotionPrograms $655$655
IX-13 Office expensesPrograms $8,561$8,561
IX-14 Information technologyPrograms $1,637$1,637
IX-16 OccupancyPrograms $16,475$16,475
IX-17 TravelPrograms $1,073$1,073
IX-22 Depreciation, depletion and amortizationPrograms $28,470$28,470
IX-23 InsurancePrograms $1,328$1,328
IX-24 Other expenses (24a–d)Programs $71,809$71,809
IX-24e All other expensesPrograms $438$438
IX-25 Total functional expensesPrograms $176,154 · Management $21,212 · Fundraising $0$197,366
Part X · Balance sheet $785,252 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $5,474$10,424
X-2 Savings and temporary cash investmentsStart of year $15,305$25,309
X-4 Accounts receivableStart of year $5,222$0
X-10c Land, buildings and equipment, netStart of year $690,287$659,705
X-15 Other assetsStart of year $92,955$89,814
X-16 Total assetsStart of year $809,243$785,252
X-17 Accounts payable and accrued expensesStart of year $22,084$31,319
X-25 Other liabilitiesStart of year $6,443$5,378
X-26 Total liabilitiesStart of year $28,527$36,697
X-27 Net assets without donor restrictionsStart of year $780,716$748,555
X-32 Total net assets or fund balancesStart of year $780,716$748,555
X-33 Total liabilities and net assetsStart of year $809,243$785,252
Part XI · Reconciliation of net assets $748,555 net assets at year end
XI-1 Total revenue$165,205
XI-2 Total expenses$197,366
XI-3 Revenue less expenses−$32,161
XI-4 Net assets at start of year$780,716
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$748,555

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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