MISSION BAY COMMUNITY SERVICES CO FIRSTSERVICE RESIDENTIAL

EIN: 753119592 Community Improvement

IRVINE, CA

Total Revenue
$242,488
Total Expenses
$37,612
Total Assets
$2,844,839
Net Assets
$2,844,839
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Phone
4158965542
Tax Period
2024-03-01 to 2025-02-28

MISSION BAY COMMUNITY SERVICES CO FIRSTSERVICE RESIDENTIAL, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $242K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $205K, a strong 84% operating margin.

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.

Program Service Accomplishments

Program 1
Expenses: $14,750

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $242,488
Investment Income $0
Other Revenue $0
TOTAL REVENUE $242,488

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $14,750
Other Expenses $37,612
TOTAL EXPENSES $37,612

Year-over-Year Comparison

2024 2023 Change
Revenue $242,488 $207,146 +0.2%
Expenses $37,612 $20,431 +0.8%
Net Income $204,876 $186,715 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SETH HAMALIAN President 1.00
Officer
$0 $0 $0
JANEA HOEY Secretary 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $242,488 $37,612 $2,844,839 $204,876
2024 $207,146 $20,431 $2,639,963 $186,715
2023 $376,062 $17,205 $2,453,248 $358,857
2022 $637,486 $20,402 $2,096,011 $617,084
2021 $317,465 $105,305 $1,477,307 $212,160
2020 $368,954 $29,134 $1,265,147 $339,820
2019 $449,090 $1,309,124 $925,327 $-860,034
2018 $374,723 $19,735 $1,785,361 $354,988
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