Mission Bay Community Services Co Firstservice Residential

Nonprofit profile at a glance

EIN
753119592
IRS 990 coverage
2013–2024
Forms available
Form 990 2024
Location
Irvine, CA, USA
Phone
4158965542
Rating
42
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$242,488
Expenses
$37,612
Assets
$2,844,839
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • SETH HAMALIAN (President)

People named in this filing

  • SETH HAMALIAN (President)
  • JANEA HOEY (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mission bay community services serves the purpose of promoting the common good and general welfare of the people of mission bay by fostering a unique sense of the mission bay community through the sponsorship of a variety of activities and programs that support social welfare, education, health, and wellness.

What it reported doing in 2024

Mission bay community services (mbcs) exists to promote the common good and general welfare of the people of mission bay by fostering a unique sense of the mission bay community through the sponsorship of a variety of activities and programs. These include community and neighborhood clubs and special events and educational and wellness programs for the benefit of the residents of mission bay, as well as the general public.the primary activities of mbcs will include the following social welfare, educational, health, and wellness/programs designed to promote the common good and general welfare of the people of mission bay:1) yoga in the park: a summer program held in the mission bay creek park of like minded people that connect through yoga, meditation, and music which promotes health and wellness.2) thai chi: a summer program for people who wish to improve their health, fitness level, ability to focus, balance, flexibility, coordination, stamina, strength, body posture, power and endurance.3) lifestyle/healthy living activities: these activities will include programs designed to teach adults and children about healthy lifestyles and could include a "weight watcher" group or support group.4) health awareness events: the activities will include programs designed to educate participants about health.5) personal financial planning: this activity will include the sponsoring of a seminar to educate people on such matters as personal financial planning and similar topics.6) a book club.7) active adult program: these activities will include adult classes and other exercise related programs that promote health and exercise.8) santa paws: an annual fundraiser to benefit homeless and neglected animals and to raise awareness.9) educational workshops and cultural events: these activities will include such events as a kite festival which will include a kite making workshop and various cultural awareness events such as a mexican fiesta to learn and celebrate the cultural diversity of mission bay as well as the surrounding communities.10) community garden: this will help organize and fund the development of a community maintained organic garden which serves as a vehicle to educate participants with respect to organic gardening and to promote health and wellness through healthy eating.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 16
  • Transparency & Controls: 90
  • Accountability: 6
  • Sustainability: 93
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 6.1%; rating input score 6
  • Program expense ratio: 39.2%; rating input score 39
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 84.5%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 75.64; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -6.4% per year; rating input score 0; 15th percentile among comparable filings
  • Revenue growth: 0% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 6.1% of revenue deployed · 39.2% of spending went to programs
  • Governance: 0 of 2 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 12 of 12 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 6/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 39/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Grant Readiness: California registration: this organization could not be resolved against the register, so the check is unfinished.