FAIRBANKS RANCH ASSOCIATION

EIN: 953538095 Housing & Shelter

RANCHO SANTA FE, CA

Total Revenue
$7,121,000
Total Expenses
$5,499,681
Total Assets
$7,781,167
Net Assets
$6,450,710
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
CA
Principal Officer
MARK LINDSEY
Phone
8587564415
Tax Period
2023-01-01 to 2023-12-31

FAIRBANKS RANCH ASSOCIATION, founded in 1980, is a community nonprofit in the Housing & Shelter sector that reported $7.1M in total revenue in fiscal year 2023. The organization ran a surplus of $1.6M, a strong 23% operating margin.

Mission

TO PROVIDE MANAGEMENT AND MAINTENANCE OF COMMONLY OWNED AREAS OF THE RESIDENTIAL DEVELOPMENT FOR THE BETTERMENT OF THE COMMUNITY AND ITS MEMBERS

Program Service Accomplishments

Program 1

SECURITY; THE SECURITY COMMITTEE ADVISES THE BOARD OF DIRECTORS ON SECURITY ISSUES AND COORDINATES WITH THE SAN DIEGO SHERIFF'S DEPARTMENT REGARDING POLICE ISSUES WITHIN AND NEAR THE COMMUNITY. THE...

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SECURITY; THE SECURITY COMMITTEE ADVISES THE BOARD OF DIRECTORS ON SECURITY ISSUES AND COORDINATES WITH THE SAN DIEGO SHERIFF'S DEPARTMENT REGARDING POLICE ISSUES WITHIN AND NEAR THE COMMUNITY. THE ASSOCIATION MAINTAINS AN IN-HOUSE SECURITY STAFF WHICH PROVIDES 24/7 SECURITY PATROL WITHIN THE COMMUNITY. THE SECURITY DIRECTOR MONITORS ALL SECURITY ACTIVITIES AFFECTING THE ASSOCIATION. -;

Program 2

MAINTENACE OF COMMON AREAS AND RECREATIONAL FACILITIES; THE ASSOCIATION OWNS AND MAINTAINS MONUMENT SIGNS, VARIOUS RECREATIONA FACILITIES FOR USE BY ITS MEMBERS AND GUESTS. THESE INCLUDE 360 ACRES OF...

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MAINTENACE OF COMMON AREAS AND RECREATIONAL FACILITIES; THE ASSOCIATION OWNS AND MAINTAINS MONUMENT SIGNS, VARIOUS RECREATIONA FACILITIES FOR USE BY ITS MEMBERS AND GUESTS. THESE INCLUDE 360 ACRES OF GREENBELTS, MAINTENANCE OF FIVE TENNIS COURTS, TWO COMMUNITY LAKES, CLUBHOUSE, AND RECREATIONAL AREAS INCLUDING A PLAYGROUND AND 15 ACRE PARK.

Program 3

MAINTENACE OF ROADS AND STREET LIGHTS: THE ASSOCIATION MAINTAINS 13 MILES OF ROADS AND STREET LIGHTS WITHIN THE ASSOCIATION. THE ROADS ARE USED BY MEMBERS AND THE GENERAL PUBLIC AS THEY ACCESS THE...

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MAINTENACE OF ROADS AND STREET LIGHTS: THE ASSOCIATION MAINTAINS 13 MILES OF ROADS AND STREET LIGHTS WITHIN THE ASSOCIATION. THE ROADS ARE USED BY MEMBERS AND THE GENERAL PUBLIC AS THEY ACCESS THE EQUESTRIAN FACILITIES, FOR WHICH SUCH MAINTENANCE FUNCTIONS ARE NORMALLY PERFORMED BY GOVERNMENTAL ENTITTIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,859,649
Investment Income $261,351
Other Revenue $0
TOTAL REVENUE $7,121,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,732,505
Fundraising Expenses $0
Program Expenses $5,210,643
Other Expenses $2,767,176
TOTAL EXPENSES $5,499,681

Year-over-Year Comparison

2023 2022 Change
Revenue $7,121,000 $6,623,073 +0.1%
Expenses $5,499,681 $5,595,406 0.0%
Net Income $1,621,319 $1,027,667 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
43
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT GERARD CFO 2.00
Officer
$0 $0 $0
MARK LINDSEY PRESIDENT 2.00
Officer
$0 $0 $0
MONA SOBEL VICE-PRESIDE 2.00
Officer
$0 $0 $0
DANIEL TEVRIZIAN DIRECTOR AT 2.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $7,121,000 $5,499,681 $7,781,167 $1,621,319
2022 $6,623,073 $5,595,406 $6,404,304 $1,027,667
2021 $5,874,209 $5,245,799 $5,057,791 $628,410
2020 $5,112,066 $4,755,600 $4,322,048 $356,466
2019 $6,026,217 $5,515,514 $3,263,731 $510,703
2018 $7,835,613 $9,264,641 $4,314,337 $-1,429,028
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