Civic Intelligence

Mbx Foundation Inc

990 • Fiscal year 2014 • EIN 02-0603467

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 09, 2015

1097 Aviation BlvdHermosa Beach, CA 90254

(310) 415-5827

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.05x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

67th percentile

0.26x

Higher debt load relative to revenue than 67% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

17th percentile

-14%

Faster revenue growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$3,597,302

Up $474,438 (+15%) from 2013

Net Assets

Up

$3,429,995

Up $472,317 (+16%) from 2013

Liabilities

Up

$167,307

Up $2,121 (+1.3%) from 2013

Revenue

Down

$632,469

Down $103,062 (-14%) from 2013

Expenses

Up

$160,152

Up $110,826 (+225%) from 2013

Net Income

Down

$472,317

Down $213,888 (-31%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,067,584Liabilities 2010: $380,494Net Assets 2010: $687,0902010Assets 2011: $1,744,358Liabilities 2011: $10,810Net Assets 2011: $1,733,5482011Assets 2012: $2,352,153Liabilities 2012: $80,680Net Assets 2012: $2,271,4732012Assets 2013: $3,122,864Liabilities 2013: $165,186Net Assets 2013: $2,957,6782013Assets 2014: $3,597,302Liabilities 2014: $167,307Net Assets 2014: $3,429,9952014Assets 2015: $3,963,451Liabilities 2015: $167,726Net Assets 2015: $3,795,7252015Assets 2016: $4,480,380Liabilities 2016: $205,268Net Assets 2016: $4,275,1122016Assets 2017: $3,247,732Liabilities 2017: $205,916Net Assets 2017: $3,041,8162017Assets 2018: $2,767,386Liabilities 2018: $9,640Net Assets 2018: $2,757,7462018Assets 2019: $3,182,885Liabilities 2019: $14,709Net Assets 2019: $3,168,1762019Assets 2020: $2,624,409Liabilities 2020: $185,302Net Assets 2020: $2,439,1072020Assets 2021: $3,860,266Liabilities 2021: $0Net Assets 2021: $3,860,2662021Assets 2022: $4,101,432Liabilities 2022: $5,222Net Assets 2022: $4,096,2102022Assets 2023: $4,112,901Liabilities 2023: $38,604Net Assets 2023: $4,074,2972023Assets 2024: $4,827,212Liabilities 2024: $27,771Net Assets 2024: $4,799,4412024

Highlighted filing

2014

Assets$3,597,302
Liabilities$167,307
Net Assets$3,429,995

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $315,9012010Expenses 2011: $1,021,7222011Expenses 2012: $299,0932012Revenue 2013: $735,531Expenses 2013: $49,326Net Income 2013: $686,2052013Revenue 2014: $632,469Expenses 2014: $160,152Net Income 2014: $472,3172014Revenue 2015: $836,278Expenses 2015: $470,548Net Income 2015: $365,7302015Revenue 2016: $640,332Expenses 2016: $160,945Net Income 2016: $479,3872016Revenue 2017: $1,006,676Expenses 2017: $2,195,501Net Income 2017: -$1,188,8252017Revenue 2018: $437,155Expenses 2018: $721,543Net Income 2018: -$284,3882018Revenue 2019: $694,229Expenses 2019: $283,799Net Income 2019: $410,4302019Revenue 2020: -$346,023Expenses 2020: $383,254Net Income 2020: -$729,2772020Revenue 2021: $3,883,415Expenses 2021: $2,462,256Net Income 2021: $1,421,1592021Revenue 2022: $4,651,808Expenses 2022: $4,461,851Net Income 2022: $189,9572022Revenue 2023: $4,970,679Expenses 2023: $5,026,357Net Income 2023: -$55,6782023Revenue 2024: $5,535,525Expenses 2024: $4,812,196Net Income 2024: $723,3292024

Highlighted filing

2014

Revenue$632,469
Expenses$160,152
Net Income$472,317
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$4,161,997
Mission and Program Overview

Mission

To provide grants for athletic and certain academic programs for the Manhattan Beach Unified School District

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,876,463$3,555,311▲ $678,848
Cash and Non-Interest-Bearing Accounts$245,704$41,991▼ $203,713
Accounts Receivable$697$0▼ $697
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,122,864$3,597,302▲ $474,438
Other Assets Total-$0-
Liabilities
Other Liabilities$165,186$167,307▲ $2,121
Total Liabilities$165,186$167,307▲ $2,121
Net Assets / Fund Balance
Unrestricted Net Assets$2,957,678$3,429,995▲ $472,317
Total Net Assets Fund Balance$2,957,678$3,429,995▲ $472,317
Total Liabilities and Net Assets / Fund Balance$3,122,864$3,597,302▲ $474,438
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gary WaylandPresident
Ed McKeeganBoard member
Kent BurtonBoard member
Reed EisenhauerBoard member
Andrea RaneyDirector
Eric StromanDirector
Jan PipkinDirector
Jeff FidelerDirector
Jennifer WilliamsExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$19,148
Program Service Revenue
$0
Investment Income
$31,762
Other Revenue
$581,559
All Other Contributions
$19,148
Change in Net Assets
$472,317

Audited Revenue Reconciliation

Revenue per Audited Statements
$632,469
Total Revenue per Audited Statements
$632,469
Total Revenue per Form 990
$632,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$160,152
Total Fundraising Expense$25,891
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$47,477--$47,477
Other Expenses$2,694-$25,835$2,694
All Other Expenses$1,092-$56$1,148
Total Functional Expenses$134,261$0$25,891$160,152

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$160,152
Total Expenses per Audited Statements$160,152
Total Expenses per Form 990$160,152
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,111,087
Fundraising Direct Expenses$3,529,528
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster clubs$2,757,810$2,757,810$2,661,956$95,854
Summer School/Programs$725,071$725,071$499,821$225,250
Total Events$4,111,087$4,111,087$3,529,528$581,559
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Waller reserve$158,193
Payroll taxes$9,110
Rounding$4
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

One director prepares return, other directors review at Board meeting

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Organization requires annual updates to conflict of interest questionaaire

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
MBX Foundation
EIN
02-0603467
Phone
3104155827
Address
1097 Aviation Blvd, Hermosa Beach, CA 90254

Signing Officer

Name
Gary Wayland
Title
President
Signed
2015-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gary Wayland
Formed
2002
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
72
Volunteers
200

Preparer

Firm
Wayland & Vukadinovich LLP
Address
1097 Aviation Blvd, Hermosa Beach, CA 90254
Preparer
Gary Wayland
Phone
3103760455
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0472317
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02876463
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03555311
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07929
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt038861
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01235137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0238446
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01539521
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt031762
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt032615
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt034391
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt08326
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0886
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0107980
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031762
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt032615
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt034391
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt08326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0107980
IRS990ScheduleA/InvestmentIncomeCYPct00.02360
IRS990ScheduleA/InvestmentIncomePYPct00.01640
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0581559
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0702833
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0763766
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0445802
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0437227
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02931187
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.33620
IRS990ScheduleA/PublicSupportPY509Pct00.37840
IRS990ScheduleA/PublicSupportTotal509Amt01539521
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt019148
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07929
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt038861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01235137
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0238446
IRS990ScheduleA/Total509Grp/TotalAmt01539521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0632469
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0743377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0837018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01689265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0676559
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04578688
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0160152
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09110
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2158193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Waller reserve
IRS990ScheduleD/RevenueSubtotalAmt0632469
IRS990ScheduleD/TotalExpensesPerForm990Amt0160152
IRS990ScheduleD/TotalLiabilityAmt0167307
IRS990ScheduleD/TotalRevenuePerForm990Amt0632469
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0632469
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0160152
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03529528
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Booster clubs
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Summer School/Programs
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt02757810
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0725071
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0628206
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt04111087
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02757810
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0725071
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0628206
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt04111087
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0581559
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0367751
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03529528
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02661956
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0499821
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0One director prepares return, other directors review at Board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Organization requires annual updates to conflict of interest questionaaire
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03122864
IRS990/TotalAssetsEOYAmt03597302
IRS990/TotalAssetsGrp/BOYAmt03122864
IRS990/TotalAssetsGrp/EOYAmt03597302
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt019148
IRS990/TotalEmployeeCnt072
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025891
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0134261
IRS990/TotalFunctionalExpensesGrp/TotalAmt0160152
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0165186

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$0.03$4.80$5.54$4.81$0.72
2023Detailed filing. Detailed filing data is available for this year.$4.11$0.04$4.07$4.97$5.03$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$0.01$4.10$4.65$4.46$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$0.00$3.86$3.88$2.46$1.42
2020Detailed filing. Detailed filing data is available for this year.$2.62$0.19$2.44$0.35$0.38$0.73
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.18$0.01$3.17$0.69$0.28$0.41
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.77$0.01$2.76$0.44$0.72$0.28
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.21$3.04$1.01$2.20$1.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.48$0.21$4.28$0.64$0.16$0.48
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.96$0.17$3.80$0.84$0.47$0.37
2014Detailed filing. Detailed filing data is available for this year.$3.60$0.17$3.43$0.63$0.16$0.47
2013Detailed filing. Detailed filing data is available for this year.$3.12$0.17$2.96$0.74$0.05$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.08$2.27$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.01$1.73$1.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.38$0.69$0.32