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Naras Properties Inc

  • Santa Monica, CA
  • Tax-exempt since Oct. 1995
  • EIN: 95-4516666

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$5.19M (2023)

Expenses
$1.71M (2023)

Total Assets
$48.8M (2023)

Total Liabilities
$1.26M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending July
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,186,275
Expenses
$1,708,206
Net Income
$3,478,069
Net Assets
$47,564,947
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,186,275
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,820,821
Total Liabilities $1,255,874
Net Assets $47,564,947
Compensation
Key Employees and Officers Compensation Related Other
Harvey Mason Jr (Chief Executive Officer) $0 $1,350,633 $15,494
Branden Chapman (Director) $0 $525,631 $40,567
Wayne J Zahner (Chief Financial Officer) $0 $435,566 $16,253

Document Links

990
Filed on June 17, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,458,045
Expenses
$1,252,597
Net Income
$3,205,448
Net Assets
$44,086,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,458,045
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $50,347,276
Total Liabilities $6,260,398
Net Assets $44,086,878
Compensation
Key Employees and Officers Compensation Related Other
Deborah Szulansky (Former Officer (President/Ceo)) $0 $5,750,000 $0
Harvey Mason (Ceo) $0 $1,369,344 $14,081
Branden Chapman (Chief Operating Officer) $0 $507,709 $31,480
Wayne Zahner (Chief Financial Officer) $0 $420,984 $26,688
+ View more people

Document Links

990
Filed on June 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,458,045
Expenses
$1,202,872
Net Income
$3,255,173
Net Assets
$40,881,430
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,458,045
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $51,304,721
Total Liabilities $10,423,291
Net Assets $40,881,430
Compensation
Key Employees and Officers Compensation Related Other
Branden Chapman (Chief Operating Officer) $0 $487,945 $34,789
Wayne Zahner (Chief Financial Officer) $0 $417,694 $24,394
Harvey Mason Acting Ceo ((From 3/20 To 5/21) Ceo (From 6/21)) $0 $0 $0
Deborah Szulansky (Former Officer (President/Ceo)) $0 $205,490 $18,366
+ View more people

Document Links

990
Filed on June 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,458,045
Expenses
$1,199,132
Net Income
$3,258,913
Net Assets
$37,626,257
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,458,045
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $51,150,141
Total Liabilities $13,523,884
Net Assets $37,626,257
Compensation
Key Employees and Officers Compensation Related Other
Neil Portnow (Former Officer (President/Ceo)) $0 $1,420,894 $23,922
Deborah Szulansky (President/Ceo (8/1/19 To 3/2/20)) $0 $688,164 $9,034
Branden Chapman (Exec Prod Chief Bus Officer) $0 $470,952 $33,682
Wayne Zahner (Chief Financial Officer) $0 $407,014 $27,485
Harvey Mason Chair To 320 (Acting Ceo (From 3/20)) $0 $0 $0
+ View more people

Document Links

990
Filed on June 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending July
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,928,213
Expenses
$1,215,753
Net Income
$2,712,460
Net Assets
$34,367,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,928,213
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,823,974
Total Liabilities $15,456,630
Net Assets $34,367,344
Compensation
Key Employees and Officers Compensation Related Other
Neil Portnow (President/Ceo) $0 $1,174,972 $130,607
Branden Chapman (Exec Prod Chief Bus Off) $0 $427,317 $31,939
Wayne Zahner (Chief Financial Officer) $0 $393,697 $23,536

Document Links

990
Filed on July 14, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,926,272
Expenses
$1,226,683
Net Income
$2,699,589
Net Assets
$31,654,884
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,926,272
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,851,399
Total Liabilities $18,196,515
Net Assets $31,654,884
Compensation
Key Employees and Officers Compensation Related Other
Neil Portnow (President/Ceo/Director) $0 $2,506,823 $128,950
Wayne Zahner (Cfo/Director) $0 $382,410 $33,718
Branden Chapman (Exec In Charge Prod/Cbdo) $0 $331,933 $42,209

Document Links

990
Filed on June 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,928,409
Expenses
$1,261,643
Net Income
$2,666,766
Net Assets
$28,955,295
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,928,409
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $49,911,081
Total Liabilities $20,955,786
Net Assets $28,955,295
Compensation
Key Employees and Officers Compensation Related Other
Neil Portnow (President/Ceo/Director) $0 $1,742,415 $124,692
Wayne Zahner (Cfo/Director) $0 $330,041 $35,833
Branden Chapman (Exec In Charge Prod/Cbdo) $0 $319,682 $44,067

Document Links

990
Filed on June 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,364,328
Expenses
$1,247,347
Net Income
$2,116,981
Net Assets
$26,288,529
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,364,328
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $36,686,964
Total Liabilities $10,398,435
Net Assets $26,288,529
Compensation
Key Employees and Officers Compensation Related Other
Neil Portnow (President/Ceo/Director) $0 $1,487,012 $121,172
Wayne Zahner (Cfo/Director) $0 $317,403 $36,173
Branden Chapman (Exec In Charge Prod/Cbdo/Director) $0 $307,341 $44,615

Document Links

990
Filed on June 14, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,364,328
Expenses
$1,231,164
Net Income
$2,133,164
Net Assets
$24,171,548
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,364,328
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $37,750,325
Total Liabilities $13,578,777
Net Assets $24,171,548
Compensation
Key Employees and Officers Compensation Related Other
Neil Portnow (President/Ceo/Director) $0 $1,692,230 $115,534
Wayne Zahner (Cfo/Director) $0 $315,338 $32,529
Branden Chapman (Exec In Charge Prod/Cbdo/Director) $0 $300,263 $43,586

Document Links

990
Filed on June 14, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending July
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,364,356
Expenses
$1,238,093
Net Income
$2,126,263
Net Assets
$22,038,384
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $3,364,328
100.0%
Investment Income $28
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $38,789,655
Total Liabilities $16,751,271
Net Assets $22,038,384

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,682,122
Expenses
$1,239,792
Net Income
$1,442,330
Net Assets
$19,912,121
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,681,969
100.0%
Investment Income $153
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,867,048
Total Liabilities $19,954,927
Net Assets $19,912,121

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,127,882
Expenses
$1,361,714
Net Income
$4,766,168
Net Assets
$18,469,791
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,682,069
43.8%
Investment Income $102
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,445,711
56.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,954,866
Total Liabilities $22,485,075
Net Assets $18,469,791

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,739,469
Expenses
$2,032,166
Net Income
$707,303
Net Assets
$13,703,623
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $2,739,346
100.0%
Investment Income $123
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $48,653,610
Total Liabilities $34,949,987
Net Assets $13,703,623

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending July
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated