Civic Intelligence

Mbx Foundation Inc

990 • Fiscal year 2015 • EIN 02-0603467

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 07, 2016

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

0.04x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.20x

Higher debt load relative to revenue than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

73rd percentile

10%

Faster asset growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

83rd percentile

32%

Faster revenue growth than 83% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$3,963,451

Up $366,149 (+10%) from 2014

Net Assets

Up

$3,795,725

Up $365,730 (+11%) from 2014

Liabilities

Up

$167,726

Up $419 (+0.3%) from 2014

Revenue

Up

$836,278

Up $203,809 (+32%) from 2014

Expenses

Up

$470,548

Up $310,396 (+194%) from 2014

Net Income

Down

$365,730

Down $106,587 (-23%) from 2014

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

2015

Assets$3,963,451
Liabilities$167,726
Net Assets$3,795,725

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

2015

Revenue$836,278
Expenses$470,548
Net Income$365,730
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 7, 2016
Return Version
2015v2.0
Gross Receipts
$4,314,154
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$3,555,311$3,943,455▲ $388,144
Cash and Non-Interest-Bearing Accounts$41,991$12,900▼ $29,091
Accounts Receivable-$0-
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$3,597,302$3,963,451▲ $366,149
Other Assets Total-$7,096-
Liabilities
Other Liabilities$167,307$167,726▲ $419
Total Liabilities$167,307$167,726▲ $419
Net Assets / Fund Balance
Unrestricted Net Assets$3,429,995$3,795,725▲ $365,730
Total Net Assets Fund Balance$3,429,995$3,795,725▲ $365,730
Total Liabilities and Net Assets / Fund Balance$3,597,302$3,963,451▲ $366,149
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer WilliamsExecutive DirectorPT$20,769$20,769

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$3,485
Program Service Revenue
$0
Investment Income
$31,497
Other Revenue
$801,296
All Other Contributions
$3,485
Change in Net Assets
$365,730
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$324,700
Other Expenses$125,079
Salaries, Compensation, and Employee Benefits$20,769
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$324,700--$324,700
Office Expenses$44,276--$44,276
Current Officers, Directors, Trustees, and Key Employees$20,769--$20,769
Fees for Services Other$10,410--$10,410
Other Expenses$451$31,938-$451
Total Functional Expenses$438,610$31,938$0$470,548
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Manhattan Beach Unified SchoolManhattan Beach, CA3Payment for coaches, trainers and general education purposes$324,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,279,172
Fundraising Direct Expenses$3,477,876
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Booster clubs$2,913,646$2,913,646$2,596,906$316,740
Summer School/Programs$753,532$753,532$534,676$218,856
Total Events$4,278,852$4,278,852$3,477,876$800,976
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$158,083
Payroll taxes$9,642
Rounding$1
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
2016-07-07
Discuss with paid preparer
Yes

Organization Details

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/PYInvestmentIncomeAmt031762
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0160152
IRS990/PYOtherRevenueAmt0581559
IRS990/PYRevenuesLessExpensesAmt0472317
IRS990/PYTotalExpensesAmt0160152
IRS990/PYTotalRevenueAmt0632469
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0365730
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03555311
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03943455
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03485
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt019148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07929
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt038861
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01235137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01304560
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt031497
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt031762
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt032615
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034391
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08326
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0138591
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt031497
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt031762
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt032615
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034391
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt08326
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0138591
IRS990ScheduleA/InvestmentIncomeCYPct00.02940
IRS990ScheduleA/InvestmentIncomePYPct00.02360
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0780527
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0581559
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0702833
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0763766
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0445802
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03274487
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.27650
IRS990ScheduleA/PublicSupportPY509Pct00.33620
IRS990ScheduleA/PublicSupportTotal509Amt01304560
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03485
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt019148
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07929
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt038861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01235137
IRS990ScheduleA/Total509Grp/TotalAmt01304560
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0815509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0632469
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0743377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0837018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01689265
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04717638
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2158083
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Waller reserve
IRS990ScheduleD/TotalLiabilityAmt0167726
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03477876
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Booster clubs
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Summer School/Programs
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt02913646
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0753532
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0611674
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt04278852
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02913646
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0753532
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0611674
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt04278852
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0800976
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0346294
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03477876
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02596906
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0534676
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0324700
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Payment for coaches, trainers and general education purposes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Manhattan Beach Unified School
IRS990ScheduleI/RecipientTable/RecipientEIN0956002011
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0315 S Peck Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Manhattan Beach
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090266
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
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

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
2015Detailed filing. Detailed filing data is available for this year.$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