Civic Intelligence

826 Valencia

990 • Fiscal year 2019 • EIN 04-3694151

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 06, 2020

826 Valencia StSan Francisco, CA 94110

(415) 642-5905

Siviq Scores

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

Liabilities / Assets

28th percentile

0.05x

Higher debt load relative to assets than 28% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

29th percentile

0.09x

Higher debt load relative to revenue than 29% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

33rd percentile

$132,468

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

87th percentile

26%

Faster asset growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

35%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$10,544,965

Up $2,143,743 (+26%) from 2018

Net Assets

Up

$9,987,582

Up $2,170,742 (+28%) from 2018

Liabilities

Down

$557,383

Down $26,999 (-4.6%) from 2018

Revenue

Up

$5,904,149

Up $1,542,736 (+35%) from 2018

Expenses

Up

$3,733,407

Up $542,814 (+17%) from 2018

Net Income

Up

$2,170,742

Up $999,922 (+85%) from 2018

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $1,936,089Liabilities 2010: $163,492Net Assets 2010: $1,772,5972010Assets 2011: $2,037,479Liabilities 2011: $287,967Net Assets 2011: $1,749,5122011Assets 2012: $2,117,961Liabilities 2012: $262,206Net Assets 2012: $1,855,7552012Assets 2013: $1,972,599Liabilities 2013: $267,811Net Assets 2013: $1,704,7882013Assets 2014: $2,347,772Liabilities 2014: $321,203Net Assets 2014: $2,026,5692014Assets 2015: $4,069,991Liabilities 2015: $394,089Net Assets 2015: $3,675,9022015Assets 2016: $7,217,470Liabilities 2016: $544,204Net Assets 2016: $6,673,2662016Assets 2017: $7,233,194Liabilities 2017: $591,683Net Assets 2017: $6,641,5112017Assets 2018: $8,401,222Liabilities 2018: $584,382Net Assets 2018: $7,816,8402018Assets 2019: $10,544,965Liabilities 2019: $557,383Net Assets 2019: $9,987,5822019Assets 2020: $11,751,151Liabilities 2020: $1,009,451Net Assets 2020: $10,741,7002020Assets 2021: $12,886,742Liabilities 2021: $966,145Net Assets 2021: $11,920,5972021Assets 2022: $13,238,328Liabilities 2022: $463,401Net Assets 2022: $12,774,9272022Assets 2023: $15,159,767Liabilities 2023: $2,325,508Net Assets 2023: $12,834,2592023Assets 2024: $16,404,012Liabilities 2024: $2,535,971Net Assets 2024: $13,868,0412024Assets 2025: $19,395,442Liabilities 2025: $2,374,178Net Assets 2025: $17,021,2642025

Highlighted filing

2019

Assets$10,544,965
Liabilities$557,383
Net Assets$9,987,582

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $847,9132010Expenses 2011: $1,082,6692011Expenses 2012: $1,144,7652012Revenue 2013: $1,178,831Expenses 2013: $1,342,010Net Income 2013: -$163,1792013Revenue 2014: $1,818,505Expenses 2014: $1,473,757Net Income 2014: $344,7482014Revenue 2015: $3,326,733Expenses 2015: $1,677,400Net Income 2015: $1,649,3332015Revenue 2016: $4,989,579Expenses 2016: $1,992,215Net Income 2016: $2,997,3642016Revenue 2017: $2,793,154Expenses 2017: $2,801,783Net Income 2017: -$8,6292017Revenue 2018: $4,361,413Expenses 2018: $3,190,593Net Income 2018: $1,170,8202018Revenue 2019: $5,904,149Expenses 2019: $3,733,407Net Income 2019: $2,170,7422019Revenue 2020: $5,032,210Expenses 2020: $4,278,092Net Income 2020: $754,1182020Revenue 2021: $5,213,502Expenses 2021: $4,034,605Net Income 2021: $1,178,8972021Revenue 2022: $5,944,678Expenses 2022: $5,090,348Net Income 2022: $854,3302022Revenue 2023: $6,019,404Expenses 2023: $5,920,943Net Income 2023: $98,4612023Revenue 2024: $7,544,342Expenses 2024: $6,455,560Net Income 2024: $1,088,7822024Revenue 2025: $10,068,999Expenses 2025: $6,915,776Net Income 2025: $3,153,2232025

Highlighted filing

2019

Revenue$5,904,149
Expenses$3,733,407
Net Income$2,170,742
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 6, 2020
Return Version
2018v3.1
Gross Receipts
$6,074,747
Mission and Program Overview

Mission

826 Valencia is a San Francisco-based nonprofit organization dedicated to supportingstudents ages 6 to 18 with their writing skills and helping teachers get theirstudents excited about writing. Our work is based on the understanding that strongwriting skills are fundamental to future success and that great leaps in learningcan be made when skilled tutors work one-on-one with students.

Supporting students ages 6 to 18 with their writing skills & helping teachers get students excited about writing. We advocate that strong writing skills are fundamental to future success & that great leaps in learning can be made when skilled tutors work one-on-one with students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,307,663$2,906,570▲ $1,598,907
Investments in Publicly Traded Securities$3,050,287$2,523,416▼ $526,871
Land, Buildings, and Equipment, Net$1,626,556$2,389,376▲ $762,820
Pledges and Grants Receivable$540,268$1,538,248▲ $997,980
Cash and Non-Interest-Bearing Accounts$1,653,331$945,320▼ $708,011
Prepaid Expenses and Deferred Charges$142,746$166,892▲ $24,146
Inventories for Sale or Use$63,739$68,010▲ $4,271
Accounts Receivable$16,632$7,133▼ $9,499
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$8,401,222$10,544,965▲ $2,143,743
Other Assets Total-$0-
Liabilities
Other Liabilities$444,035$392,878▼ $51,157
Accounts Payable and Accrued Expenses$140,347$164,505▲ $24,158
Total Liabilities$584,382$557,383▼ $26,999
Net Assets / Fund Balance
Unrestricted Net Assets$6,248,444$7,971,102▲ $1,722,658
Temporarily Rstr Net Assets$1,568,396$2,016,480▲ $448,084
Total Net Assets Fund Balance$7,816,840$9,987,582▲ $2,170,742
Total Liabilities and Net Assets / Fund Balance$8,401,222$10,544,965▲ $2,143,743

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,371,661$493,484$2,865,145
Equipment$17,715$69,423$87,138
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bita NazarianExecutive DirectorFT$126,119$6,349$132,468

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,559,790
Program Service Revenue
$0
Investment Income
$178,173
Other Revenue
$166,186
All Other Contributions
$4,729,767
Change in Net Assets
$2,170,742

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table26$581,779Fair Market Value (FMV)
Securities Publicly Traded2$53,998Fair Market Value (FMV)
Other Non Cash Contri Table82$35,223Fair Market Value (FMV)
Other Non Cash Contri Table9$3,000Fair Market Value (FMV)
Total Noncash Contributions119$674,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,894,013
Revenue Not Reported on Financial Statements
$10,136
Revenue Not Reported on Form 990
$65,091
Total Revenue per Audited Statements
$5,959,104
Total Revenue per Form 990
$5,904,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,254,610
Other Expenses$1,455,297
Total Fundraising Expense$357,671
Grants and Similar Amounts Paid$23,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,485,042$83,839$159,979$1,728,860
Occupancy$257,368$34,935$17,423$309,726
Fees for Services Other$244,397$3,697$46,607$294,701
Office Expenses$160,064$67,093$6,934$234,091
Other Employee Benefits$162,734$12,253$18,808$193,795
Depreciation Depletion$140,224$22,262$7,809$170,295
Fees for Services Accounting-$169,047-$169,047
Current Officers, Directors, Trustees, and Key Employees$84,426$50,654$33,770$168,850
Payroll Taxes$125,878$10,616$15,166$151,660
Conferences and Meetings$46,157$14,907$12,870$73,934
Payments to Affiliates$54,000$3,000$3,000$60,000
Travel$10,571$11,367$4,180$26,118
Grants to Domestic Individuals$23,500--$23,500
Other Expenses$9,376$2,888$9,654$21,918
Insurance$12,281$633$1,435$14,349
Information Technology$12,318$534$1,211$14,063
Pension Plan Contributions$10,023$341$1,081$11,445
Fees for Service Investment Mgmnt Fees-$10,136-$10,136
Total Functional Expenses$2,877,228$498,508$357,671$3,733,407

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,788,362
Total Expenses per Form 990$3,733,407
Expenses per Audited Statements$3,723,271
Expenses Not Reported on Form 990$65,091
Expenses Not Reported on Financial Statements$10,136
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$187,600
Fundraising Direct Expenses$99,888
Gaming Gross Income$727
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bookeaters' Bash$543,525$187,600$25,822$161,778
Total Events$543,525$187,600$99,888$87,712
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
Scholarships payable$294,180
Accrued Rent$98,698
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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

The executive and finance committees of the organization's board review the 990, after which, a copy is provided to the whole Board prior to filing.

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

It is the policy of the organization to require fiduciaries to provide full disclosure of any contemplated or existing activities or transactions that could create a conflict of interest, or the appearance of a conflict of interest. Fiduciaries include each director, officer, and administrative employee of the organization. Each fiduciary must execute a conflict of interest disclosure statement and questionnaire. The board of directors reviews all disclosures and potential conflicts and recommend a course of action, if necessary.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The independent board determines the compensation of the Executive Director based on its evaluation of his/her performance and by gathering data on comparable compensation within the industry. The review that was conducted was formal, and compensation was approved by the full board.

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

Governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
826 Valencia Inc
EIN
04-3694151
Phone
4156425905
Address
826 Valencia St, San Francisco, CA 94110

Signing Officer

Name
Bita Nazarian
Title
Executive Director
Signed
2020-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bita Nazarian
Formed
2002
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
47
Volunteers
1,305

Preparer

Firm
Crosby & Kaneda CPAs LLP
Address
1970 Broadway STE 930, Oakland, CA 94612
Preparer
August Zajonc CPA
Phone
5108352727
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Workshops:In our workshop program, we served 190 students through 42 workshops, spanning topics ranging from code-switching and identity-based poetry, to journalism, to sketch comedy, to writing persuasive arguments for court. OTHER PROGRAM SERVICES 5: Summer Workshops and CampsStudents stay creatively and academically engaged over the summer through a range of 826 camps and workshops. In 2018, our summer programs served 446 students. Multi-week camps include: Exploring Workshops Summer Camp where elementary school students enjoy hands-on science followed by science-inspired writing, Exploring Leadership Summer Camp, which offers leadership and career exploration opportunities for middle schoolers, and Young Author's Workshop, where high school students workshop their creative compositions with professional writers. Our Tenderloin Center offers one-day experiences in comic book writing and podcasting. OTHER PROGRAM SERVICES 6: College Career Readiness:We awarded seven college scholarships totaling $125,000 to deserving high school seniors and provided ongoing college counseling through ScholarMatch. We also provided hands-on experience and stipends to 50 high school, college students, and transitional aged youth (TAY) who interned as tutors and mentors for our younger students. In addition,156 high school seniors received individualized support on their personal statements for college through our Personal Statement Weekend.

Financial Statement Notes

Part X : FIN48 Footnote

The Internal Revenue Service and the California Franchise Tax Board have determined that the Organization is exempt from federal and state income taxes under IRC 501(c)(3) and California RTC 23701(d). The Organization has evaluated its current tax positions as of June 30, 2019 and is not aware of any significant uncertain tax positions for which a reserve would be necessary. The Organizations tax returns are generally subject to examination by federal and state taxing authorities for three and four years, respectively, after they are filed.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Jim Lesser
IRS990/Form990PartVIISectionAGrp/PersonNm1Alex Lerner
IRS990/Form990PartVIISectionAGrp/PersonNm2Andrew Strickman
IRS990/Form990PartVIISectionAGrp/PersonNm3Dave Pell
IRS990/Form990PartVIISectionAGrp/PersonNm4Eric Abrams
IRS990/Form990PartVIISectionAGrp/PersonNm5Colleen Amster
IRS990/Form990PartVIISectionAGrp/PersonNm6Joya Banerjee
IRS990/Form990PartVIISectionAGrp/PersonNm7Jasmine Berjikly
IRS990/Form990PartVIISectionAGrp/PersonNm8Barbara Bersche
IRS990/Form990PartVIISectionAGrp/PersonNm9Lisa Brown
IRS990/Form990PartVIISectionAGrp/PersonNm10Carolyn Feinstein
IRS990/Form990PartVIISectionAGrp/PersonNm11Julia Matsudaira
IRS990/Form990PartVIISectionAGrp/PersonNm12Enikia Ford Morthel
IRS990/Form990PartVIISectionAGrp/PersonNm13Han Phung
IRS990/Form990PartVIISectionAGrp/PersonNm14Lisa Ramrayka
IRS990/Form990PartVIISectionAGrp/PersonNm15Joe Vasquez
IRS990/Form990PartVIISectionAGrp/PersonNm16Rachel Yeamen
IRS990/Form990PartVIISectionAGrp/PersonNm17Bita Nazarian
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt17Executive Dir.
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IRS990/MissionDesc0826 Valencia is a San Francisco-based nonprofit organization dedicated to supporting students ages 6 to 18 with their writing skills and helping teachers get their students excited about writing. Our work is based on the understanding that strong writing skills are fundamental to future success and that great leaps in learning can be made when skilled tutors work one-on-one with students.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$19.4$2.37$17.0$10.1$6.92$3.15
2024Detailed filing. Detailed filing data is available for this year.$16.4$2.54$13.9$7.54$6.46$1.09
2023Detailed filing. Detailed filing data is available for this year.$15.2$2.33$12.8$6.02$5.92$0.10
2022Detailed filing. Detailed filing data is available for this year.$13.2$0.46$12.8$5.94$5.09$0.85
2021Detailed filing. Detailed filing data is available for this year.$12.9$0.97$11.9$5.21$4.03$1.18
2020Detailed filing. Detailed filing data is available for this year.$11.8$1.01$10.7$5.03$4.28$0.75
2019Detailed filing. Detailed filing data is available for this year.$10.5$0.56$9.99$5.90$3.73$2.17
2018Detailed filing. Detailed filing data is available for this year.$8.40$0.58$7.82$4.36$3.19$1.17
2017Detailed filing. Detailed filing data is available for this year.$7.23$0.59$6.64$2.79$2.80$0.01
2016Detailed filing. Detailed filing data is available for this year.$7.22$0.54$6.67$4.99$1.99$3.00
2015Summary only. Only limited summary data is available for this year.$4.07$0.39$3.68$3.33$1.68$1.65
2014Detailed filing. Detailed filing data is available for this year.$2.35$0.32$2.03$1.82$1.47$0.34
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.27$1.70$1.18$1.34$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.26$1.86$1.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.29$1.75$1.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$0.16$1.77$0.85