Access Irvine INC FY2021 filing

Tax-deductible

Warren, MI501(c)(3)EIN 94-3092974

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To provide housing facilities for low income senior citizens.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
4 of 5
filings with a surplus
Average surplus $125K a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.3M
142% of total assets
Concern: liabilities are 142% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$922K
Spent
$1.0M
To programs
86%
Net assets
−$965K
By yearFY2021–FY2025
Revenue
$922K
FY2021
Revenue by fiscal year
FY2021$922K
FY2022$950K
FY2023$996K
FY2024$1.0M
FY2025$1.2M
Expenses
$1.0M
FY2021
Expenses by fiscal year
FY2021$1.0M
FY2022$774K
FY2023$822K
FY2024$966K
FY2025$933K
Net assets
−$965K
FY2021
Net assets by fiscal year
FY2021−$965K
FY2022−$790K
FY2023−$617K
FY2024−$539K
FY2025−$256K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1993.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $865K Management & general 14% · $141K

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

22 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Access Irvine 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 15aYes

Programs and updates

Offers housing for low-income senior citizens.

Provided by the organization

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1 program service account for $865K of program spending, described in the organization's own filed words · FY2020.
01

Access irvine, inc. Is a california non-profit housing corporation organized on a non-stock basis by cooperative services, inc., a michigan non-profit cooperative. The corporation was formed in december 1988 to acquire an interest in real property located in irvine, california and to construct and operate thereon an apartment project of…

$865Kprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$922K
Ln 12
Gifts and grantsLn 1h$746K
Fees for servicesLn 2g$174K
Other incomeLn 4–11$893
Money outPt IX
$1.0M
Ln 25
Programscol B$865K
Managementcol C$141K
Owns and owesPt X
−$965K
net assets · Ln 32
Cash and savingsLn 1–2$91K
Total assetsLn 16$2.3M
LiabilitiesLn 26$3.3M
PeoplePt VI, VII
22
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$746K
Government grantsLn 1e$746K
Fees for servicesLn 2g$174K
Investment incomeLn 3$157
Other incomeLn 4–11$893
Total revenueLn 12$922K
Assets in detailPt X, end of year
CashLn 1$91K
Cash and savings togetherLn 1–2$91K
InvestmentsLn 11–13$419K
Land, buildings, equipmentLn 10c$1.7M
Other assetsLn 15$1K
Total assetsLn 16$2.3M
LiabilitiesLn 26$3.3M
Net assetsLn 32−$965K
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 FY21End FY21
Cash and savingsLn 1–2$89K$91K
InvestmentsLn 11–13$343K$419K
Land, buildings, equipmentLn 10c$1.8M$1.7M
Total assetsLn 16$2.3M$2.3M
LiabilitiesLn 26$3.2M$3.3M
Net assetsLn 32−$881K−$965K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$40K$40K
Legal feesLn 11b$552$552
Accounting feesLn 11c$6K$6K
Advertising and promotionLn 12$355$355
Office expensesLn 13$37K$37K
OccupancyLn 16$243K$243K
InterestLn 20$233K$233K
Depreciation, depletion and amortizationLn 22$177K$177K
InsuranceLn 23$49K$49K
Other expenses (24a–d)Ln 24$220K$162K$57K
Total functional expensesLn 25$1.0M$865K$141K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$933K$284K−$256K 990 PDF
FY2024 $1.0M$966K$77K−$539K 990 PDF
FY2023 $996K$822K$173K−$617K 990 PDF
FY2022 $950K$774K$175K−$790K 990 PDF
FY2021 Viewing $922K$1.0M−$85K−$965K 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 (4 parts)
Part VIII · Statement of revenue $921,615 across 6 lines filed
VIII-1e Government grants$746,435
VIII-1h Total contributions, gifts and grants$746,435
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $174,130$174,130
VIII-3 Investment incomeExcluded from tax $157$157
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $893$893
VIII-12 Total revenueRelated to mission $174,130 · Unrelated business $0 · Excluded from tax $1,050$921,615
Part IX · Statement of functional expenses $1,006,127 across 10 lines filed
IX-11a Management feesManagement $40,212$40,212
IX-11b Legal feesManagement $552$552
IX-11c Accounting feesManagement $6,245$6,245
IX-12 Advertising and promotionManagement $355$355
IX-13 Office expensesManagement $36,575$36,575
IX-16 OccupancyPrograms $243,461$243,461
IX-20 InterestPrograms $232,893$232,893
IX-22 Depreciation, depletion and amortizationPrograms $177,069$177,069
IX-23 InsurancePrograms $49,039$49,039
IX-24 Other expenses (24a–d)Programs $162,274 · Management $57,452$219,726
IX-25 Total functional expensesPrograms $864,736 · Management $141,391 · Fundraising $0$1,006,127
Part X · Balance sheet $2,313,641 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $89,294$91,081
X-4 Accounts receivableStart of year $5,476$24,289
X-9 Prepaid expenses and deferred chargesStart of year $8,543$4,912
X-10c Land, buildings and equipment, netStart of year $1,756,933$1,701,072
X-13 Program-related investmentsStart of year $342,838$418,908
X-14 Intangible assetsStart of year $90,883$71,976
X-15 Other assetsStart of year $1,468$1,403
X-16 Total assetsStart of year $2,295,435$2,313,641
X-17 Accounts payable and accrued expensesStart of year $103,480$67,553
X-19 Deferred revenueStart of year $1,556$2,708
X-25 Other liabilitiesStart of year $4,306$9,723
X-26 Total liabilitiesStart of year $3,176,294$3,279,012
X-27 Net assets without donor restrictionsStart of year −$880,859−$965,371
X-32 Total net assets or fund balancesStart of year −$880,859−$965,371
X-33 Total liabilities and net assetsStart of year $2,295,435$2,313,641
Part XI · Reconciliation of net assets −$965,371 net assets at year end
XI-1 Total revenue$921,615
XI-2 Total expenses$1,006,127
XI-3 Revenue less expenses−$84,512
XI-4 Net assets at start of year−$880,859
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$965,371

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

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