Faha Manor INC FY2020 filing

Sonoma, CAUnknown exempt organization EIN 94-2771956Revenue $630K in FY2020

On file with the IRSfahamanor.org191 W Verano Avenue · Sonoma, CA

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Providing low income housing to elderly citizens.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $117K a year · 19% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
16 mo
of spending, in cash
Looks good: 16.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $28
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.7M
81% of total assets
Concern: liabilities are 81% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$630K
Spent
$474K
To programs
100%
Net assets
$399K
By yearFY2020–FY2023
Revenue
$630K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$630K
FY2021$646K
FY2022$730K
FY2023$448K
Expenses
$474K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$474K
FY2021$553K
FY2022$589K
FY2023$369K
Net assets
$399K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$399K
FY2021$506K
FY2022$639K
FY2023$0

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

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $474K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Former Direc
$0Pt VII · Sec A
Former Direc
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Former Direc
$0Pt VII · Sec A
Past Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Faha 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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides affordable housing for elderly citizens.

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Provided by the organization

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1 program · $474K · in their own filed words · FY2019
01

Faha manor provides 47 safe, sanitary, affordable housing to the elderly. The 47 units are comprised of 20 studio units, 27 one bedroom units. One 2 bedroom unit is for the onsite contracted staff.

$474Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$28

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$630K
Ln 12
Fees for servicesLn 2g$628K
Other incomeLn 4–11$1K
Investment incomeLn 3$375
Money outPt IX
$474K
Ln 25
Programscol B$474K
Owns and owesPt X
$399K
net assets · Ln 32
Cash and savingsLn 1–2$648K
Total assetsLn 16$2.1M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$150
Fees for servicesLn 2g$628K
Investment incomeLn 3$375
Other incomeLn 4–11$1K
Total revenueLn 12$630K
Assets in detailPt X, end of year
CashLn 1$32K
SavingsLn 2$616K
Cash and savings togetherLn 1–2$648K
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$1K
Total assetsLn 16$2.1M
LiabilitiesLn 26$1.7M
Net assetsLn 32$399K
OperationsPt I, VI
EmployeesI 50
VolunteersI 6114
Fiscal year endsHeaderSeptember
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$533K$648K
Land, buildings, equipmentLn 10c$1.5M$1.5M
Total assetsLn 16$2.0M$2.1M
LiabilitiesLn 26$1.8M$1.7M
Net assetsLn 32$249K$399K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$115K$115K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$2K$2K
Information technologyLn 14$2K$2K
OccupancyLn 16$133K$133K
TravelLn 17$24$24
Conferences, conventions and meetingsLn 19$228$228
InterestLn 20$65K$65K
Depreciation, depletion and amortizationLn 22$116K$116K
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$13K$13K
Total functional expensesLn 25$474K$474K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $448K$369K$78K$0 990 PDF
FY2022 $730K$589K$141K$639K 990 PDF
FY2021 $646K$553K$93K$506K 990 PDF
FY2020 Viewing $630K$474K$156K$399K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $629,984 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $549$150
I-9 Program service revenuePrior year $599,595$628,291
I-10 Investment incomePrior year $449$375
I-11 Other revenuePrior year $4,602$1,168
I-12 Total revenuePrior year $605,195$629,984
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $517,933$474,301
I-18 Total expensesPrior year $517,933$474,301
I-19 Revenue less expensesPrior year $87,262$155,683
Part VI · Governance 6 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $629,984 across 6 lines filed
VIII-1f All other contributions, gifts and grants$150
VIII-1h Total contributions, gifts and grants$150
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $628,291$628,291
VIII-3 Investment incomeRelated to mission $375$375
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,168$1,168
VIII-12 Total revenueRelated to mission $629,834$629,984
Part IX · Statement of functional expenses $474,301 across 13 lines filed
IX-11a Management feesPrograms $115,298$115,298
IX-11b Legal feesPrograms $2,035$2,035
IX-11c Accounting feesPrograms $3,800$3,800
IX-12 Advertising and promotionPrograms $1,096$1,096
IX-13 Office expensesPrograms $2,472$2,472
IX-14 Information technologyPrograms $1,901$1,901
IX-16 OccupancyPrograms $132,675$132,675
IX-17 TravelPrograms $24$24
IX-19 Conferences, conventions and meetingsPrograms $228$228
IX-20 InterestPrograms $65,152$65,152
IX-22 Depreciation, depletion and amortizationPrograms $116,393$116,393
IX-23 InsurancePrograms $20,215$20,215
IX-24 Other expenses (24a–d)Programs $13,012$13,012
IX-25 Total functional expensesPrograms $474,301 · Management $0 · Fundraising $0$474,301
Part X · Balance sheet $2,124,553 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $53,569$31,574
X-2 Savings and temporary cash investmentsStart of year $479,521$616,446
X-4 Accounts receivableStart of year $558$80
X-9 Prepaid expenses and deferred chargesStart of year $4,644$5,169
X-10c Land, buildings and equipment, netStart of year $1,463,966$1,455,879
X-14 Intangible assetsStart of year $16,808$14,405
X-15 Other assetsStart of year $1,000$1,000
X-16 Total assetsStart of year $2,020,066$2,124,553
X-17 Accounts payable and accrued expensesStart of year $11,476$13,215
X-24 Unsecured notes and loans payableStart of year $1,715,238$1,661,769
X-25 Other liabilitiesStart of year $44,686$50,776
X-26 Total liabilitiesStart of year $1,771,400$1,725,760
X-27 Net assets without donor restrictionsStart of year $248,666$398,793
X-32 Total net assets or fund balancesStart of year $248,666$398,793
X-33 Total liabilities and net assetsStart of year $2,020,066$2,124,553
Part XI · Reconciliation of net assets $398,793 net assets at year end
XI-1 Total revenue$629,984
XI-2 Total expenses$474,301
XI-3 Revenue less expenses$155,683
XI-4 Net assets at start of year$248,666
XI-9 Other changes in net assets−$5,556
XI-10 Net assets at end of year$398,793

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

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