Sequoias-portola Valley Resident Association
Nonprofit profile at a glance
- EIN
- 465397999
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Portola Valley, CA, USA
- Phone
- 6508511501
- Rating
- 95
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $51,463
- Expenses
- $53,670
- Assets
- $164,390
- Liabilities
- $36,069
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DAVID KLINGER (PRESIDENT)
- SALLY HART (VICE-PRESIDENT)
People named in this filing
- DAVID KLINGER (PRESIDENT)
- SALLY HART (VICE-PRESIDENT)
- TRACY SCHILLING (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote pleasure and recreation for and among residents of the association, by (a) assisting in establishing and maintaining an environment that enhances such residents' self-determination and independence, (b) establishing and maintaining community events and activities of interest to such residents related to social, intellectual, educational, religious, spiritual, physical, recreational and other similar pursuits, (c) encouraging and promoting personal contact, commingling, and fellowship among such residents, (d) acting as an advocate on behalf of such residents and a liaison for discourse and communication between such residents and the management of the association and the officers & directors of sequoia living concerning specific issues that impact such residents' quality of life, such as quality of care, exercise of rights, safety, quality of physical environment, and fiscal matters, and (e) otherwise pursuing the enhancement of a positive quality of life for such residents.
What it reported doing in 2024
Enhancing residents' quality of life through a variety of activities offered.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 93% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.3%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 3.06; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: -9.3% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2023 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.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.