Faha Manor INC FY2021 filing

Sonoma, CAUnknown exempt organizationEIN 94-2771956Revenue $646K in FY2021

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

Before you give

FY2021 · 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
Cash reserves
13 mo
of spending, in cash
Looks good: 12.9 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
77% of total assets
Worth a look: liabilities are 77% of assets; over 65%.
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
$646K
+2% vs prior year
Spent
$553K
To programs
100%
Net assets
$506K
By yearFY2020–FY2023
Revenue
$646K
FY2021▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$630K
FY2021$646K
FY2022$730K
FY2023$448K
Expenses
$553K
FY2021▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2020$474K
FY2021$553K
FY2022$589K
FY2023$369K
Net assets
$506K
FY2021▲ +27%
Tap a bar for its year
Net assets by fiscal year
FY2020$399K
FY2021$506K
FY2022$639K
FY2023$0

From the FY2021 Form 990 (year ending September 2021) · see the original

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You’re viewing the FY2021 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% · $553K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director (fo
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$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 · $553K · in their own filed words · FY2020
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.

$553Kprogram 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$646K
Ln 12
Fees for servicesLn 2g$641K
Other incomeLn 4–11$4K
Gifts and grantsLn 1h$483
Money outPt IX
$553K
Ln 25
Programscol B$553K
Owns and owesPt X
$506K
net assets · Ln 32
Cash and savingsLn 1–2$593K
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.7M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$483
Fees for servicesLn 2g$641K
Investment incomeLn 3$49
Other incomeLn 4–11$4K
Total revenueLn 12$646K
Assets in detailPt X, end of year
CashLn 1$56K
SavingsLn 2$537K
Cash and savings togetherLn 1–2$593K
Land, buildings, equipmentLn 10c$1.6M
Other assetsLn 15$1K
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.7M
Net assetsLn 32$506K
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 FY21End FY21
Cash and savingsLn 1–2$648K$593K
Land, buildings, equipmentLn 10c$1.5M$1.6M
Total assetsLn 16$2.1M$2.2M
LiabilitiesLn 26$1.7M$1.7M
Net assetsLn 32$399K$506K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$186K$186K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$4K$4K
Advertising and promotionLn 12$504$504
Office expensesLn 13$3K$3K
Information technologyLn 14$2K$2K
OccupancyLn 16$133K$133K
TravelLn 17$321$321
Conferences, conventions and meetingsLn 19$287$287
InterestLn 20$44K$44K
Depreciation, depletion and amortizationLn 22$141K$141K
InsuranceLn 23$25K$25K
Other expenses (24a–d)Ln 24$13K$13K
Total functional expensesLn 25$553K$553K$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 Viewing $646K$553K$93K$506K 990 PDF
FY2020 $630K$474K$156K$399K 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 FY2021 990 (6 parts)
Part I · Summary $645,644 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $150$483
I-9 Program service revenuePrior year $628,291$640,687
I-10 Investment incomePrior year $375$49
I-11 Other revenuePrior year $1,168$4,425
I-12 Total revenuePrior year $629,984$645,644
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 $474,301$552,738
I-18 Total expensesPrior year $474,301$552,738
I-19 Revenue less expensesPrior year $155,683$92,906
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 $645,644 across 6 lines filed
VIII-1f All other contributions, gifts and grants$483
VIII-1h Total contributions, gifts and grants$483
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $640,687$640,687
VIII-3 Investment incomeRelated to mission $49$49
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,425$4,425
VIII-12 Total revenueRelated to mission $645,161$645,644
Part IX · Statement of functional expenses $552,738 across 13 lines filed
IX-11a Management feesPrograms $186,035$186,035
IX-11b Legal feesPrograms $1,223$1,223
IX-11c Accounting feesPrograms $3,570$3,570
IX-12 Advertising and promotionPrograms $504$504
IX-13 Office expensesPrograms $2,562$2,562
IX-14 Information technologyPrograms $1,800$1,800
IX-16 OccupancyPrograms $133,336$133,336
IX-17 TravelPrograms $321$321
IX-19 Conferences, conventions and meetingsPrograms $287$287
IX-20 InterestPrograms $43,615$43,615
IX-22 Depreciation, depletion and amortizationPrograms $140,892$140,892
IX-23 InsurancePrograms $25,181$25,181
IX-24 Other expenses (24a–d)Programs $13,412$13,412
IX-25 Total functional expensesPrograms $552,738 · Management $0 · Fundraising $0$552,738
Part X · Balance sheet $2,174,199 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $31,574$55,722
X-2 Savings and temporary cash investmentsStart of year $616,446$536,984
X-4 Accounts receivableStart of year $80$10,164
X-9 Prepaid expenses and deferred chargesStart of year $5,169$4,282
X-10c Land, buildings and equipment, netStart of year $1,455,879$1,554,046
X-14 Intangible assetsStart of year $14,405$12,001
X-15 Other assetsStart of year $1,000$1,000
X-16 Total assetsStart of year $2,124,553$2,174,199
X-17 Accounts payable and accrued expensesStart of year $13,215$19,491
X-24 Unsecured notes and loans payableStart of year $1,661,769$1,599,176
X-25 Other liabilitiesStart of year $50,776$49,938
X-26 Total liabilitiesStart of year $1,725,760$1,668,605
X-27 Net assets without donor restrictionsStart of year $398,793$505,594
X-32 Total net assets or fund balancesStart of year $398,793$505,594
X-33 Total liabilities and net assetsStart of year $2,124,553$2,174,199
Part XI · Reconciliation of net assets $505,594 net assets at year end
XI-1 Total revenue$645,644
XI-2 Total expenses$552,738
XI-3 Revenue less expenses$92,906
XI-4 Net assets at start of year$398,793
XI-9 Other changes in net assets$13,895
XI-10 Net assets at end of year$505,594

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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