Civic Intelligence

The Resonance Project Foundation

990 • Fiscal year 2014 • EIN 16-1701355

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

75-5995 Kuakini HwyKailua Kona, HI 96740

(808) 828-0008

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

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

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

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

Net Margin

81st percentile

23%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

85th percentile

$154,000

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

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

Asset Growth

97th percentile

137%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

95th percentile

135%

Faster revenue growth than 95% of similar nonprofits.

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

Assets

Up

$1,364,184

Up $787,730 (+137%) from 2013

Net Assets

Up

$1,332,914

Up $830,811 (+165%) from 2013

Liabilities

Down

$31,270

Down $43,081 (-58%) from 2013

Revenue

Up

$3,087,524

Up $1,772,861 (+135%) from 2013

Expenses

Down

$2,364,956

Down $681,632 (-22%) from 2013

Net Income

Up

$722,568

Up $2,454,493 (+142%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $242,607Liabilities 2011: $9,534Net Assets 2011: $233,0732011Assets 2012: $2,285,285Liabilities 2012: $50,957Net Assets 2012: $2,234,3282012Assets 2013: $576,454Liabilities 2013: $74,351Net Assets 2013: $502,1032013Assets 2014: $1,364,184Liabilities 2014: $31,270Net Assets 2014: $1,332,9142014Assets 2015: $831,248Liabilities 2015: $14,023Net Assets 2015: $817,2252015Assets 2016: $221,368Liabilities 2016: $25,674Net Assets 2016: $195,6942016Assets 2017: $258,387Liabilities 2017: $26,971Net Assets 2017: $231,4162017Assets 2018: $307,194Liabilities 2018: $0Net Assets 2018: $307,1942018Assets 2019: $325,356Liabilities 2019: $0Net Assets 2019: $325,3562019Assets 2020: $285,838Liabilities 2020: $0Net Assets 2020: $285,8382020Assets 2021: $384,711Liabilities 2021: $0Net Assets 2021: $384,7112021Assets 2022: $324,336Liabilities 2022: $0Net Assets 2022: $324,3362022Assets 2023: $87,281Liabilities 2023: $8,091Net Assets 2023: $79,1902023Assets 2024: $86,000Liabilities 2024: $142Net Assets 2024: $85,8582024

Highlighted filing

2014

Assets$1,364,184
Liabilities$31,270
Net Assets$1,332,914

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $677,911Expenses 2011: $517,914Net Income 2011: $159,9972011Expenses 2012: $1,589,5572012Revenue 2013: $1,314,663Expenses 2013: $3,046,588Net Income 2013: -$1,731,9252013Revenue 2014: $3,087,524Expenses 2014: $2,364,956Net Income 2014: $722,5682014Revenue 2015: $1,399,194Expenses 2015: $1,988,359Net Income 2015: -$589,1652015Revenue 2016: $627,680Expenses 2016: $1,294,377Net Income 2016: -$666,6972016Revenue 2017: $1,600,322Expenses 2017: $1,668,302Net Income 2017: -$67,9802017Revenue 2018: $985,613Expenses 2018: $902,045Net Income 2018: $83,5682018Revenue 2019: $1,838,546Expenses 2019: $1,822,862Net Income 2019: $15,6842019Revenue 2020: $777,106Expenses 2020: $1,046,462Net Income 2020: -$269,3562020Revenue 2021: $609,008Expenses 2021: $510,135Net Income 2021: $98,8732021Revenue 2022: $420,159Expenses 2022: $393,999Net Income 2022: $26,1602022Revenue 2023: $381,523Expenses 2023: $626,669Net Income 2023: -$245,1462023Revenue 2024: $13,331Expenses 2024: $6,663Net Income 2024: $6,6682024

Highlighted filing

2014

Revenue$3,087,524
Expenses$2,364,956
Net Income$722,568
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$3,087,524
Mission and Program Overview

Mission

Scientific education & research

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$324,168$458,892▲ $134,724
Cash and Non-Interest-Bearing Accounts$72,531$454,565▲ $382,034
Savings and Temporary Cash Investments$4,636$19,912▲ $15,276
Total Assets$576,454$1,364,184▲ $787,730
Other Assets Total$175,119$430,815▲ $255,696
Liabilities
Other Liabilities$52,193$31,270▼ $20,923
Accounts Payable and Accrued Expenses$22,158--
Total Liabilities$74,351$31,270▼ $43,081
Net Assets / Fund Balance
Unrestricted Net Assets$502,103$1,332,914▲ $830,811
Total Net Assets Fund Balance$502,103$1,332,914▲ $830,811
Total Liabilities and Net Assets / Fund Balance$576,454$1,364,184▲ $787,730

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,900--
Other Land Buildings$265,894--
Equipment$485,653--
Other Assets Org$3,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nassim HarameinOfficerFT$154,000$154,000
Nassim Haramein--$154,000$154,000
Michael HysonDirectorPT$770$770

Board Members and Trustees

NameTitle
Marshall LeffertsPresident of the Board
David StillDirector
Peter CapuciatiDirector
Teresa CollinsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$2,828,308
Program Service Revenue
$258,941
Investment Income
$275
Other Revenue
$0
All Other Contributions
$2,706,196
Change in Net Assets
$722,568
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,303,218
Other Expenses$1,061,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$336,697$404,000$0$740,697
Fees for Services Other$228,808$173,132$0$401,940
Current Officers, Directors, Trustees, and Key Employees$162,656$172,635$0$335,291
Occupancy$0$153,658$0$153,658
Office Expenses$49,896$98,429$0$148,325
Payroll Taxes$49,812$77,717$0$127,529
Depreciation Depletion$68,928$39,314$0$108,242
Other Employee Benefits$29,918$69,783$0$99,701
Fees for Services Legal$0$95,693$0$95,693
Travel$13,108$54,363$0$67,471
Insurance$0$49,035$0$49,035
Information Technology$1,084$24,721$0$25,805
Other Expenses$99$3,741$0$3,840
Fees for Services Accounting$0$3,333$0$3,333
Advertising$0$2,491$0$2,491
Conferences and Meetings$1,655$250$0$1,905
Total Functional Expenses$942,661$1,422,295$0$2,364,956
International Activity

International Compliance

Foreign grant records maintained
No
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$31,270
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Resonance Project Foundation
EIN
16-1701355
Phone
8088280008
Address
75-5995 KUAKINI HWY, KAILUA KONA, HI 96740

Signing Officer

Name
Marshall Lefferts
Title
President
Phone
8088280008
Signed
2015-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marshall Lefferts
Formed
2004
Legal Domicile
Hi
Voting Board Members
4
Independent Board Members
2
Employees
26
Volunteers
10

Preparer

Firm
Angelina K Galiza
Address
PO BOX 2656, KAILUA KONA, HI 96745-2656
Preparer
Angelina K Galiza
Phone
8083297500
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Preparer emails final copy of return to governing body for review before filing

Pt VI, Line 19

Documents available upon request

Pt VI, Line 15A

Hired independent firm to conduct salary comparable report

Pt VI, Line 15B

Hired independent firm to conduct salary comparable report

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0144
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt082
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0760
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0229146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt076939
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0112978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0509692
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0210256
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01139011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0275
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0144
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt082
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0760
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01654812
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0363444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0131860
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0184747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0677829
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0296932
IRS990ScheduleA/Total509Grp/TotalAmt01654812
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01655572
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt013900
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt013900
IRS990ScheduleD/EquipmentGrp/BookValueAmt0485653
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0485653
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03990
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt119
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt228100
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt310727
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt418500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5366479
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt63000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Postage Account
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Payroll Advances
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Legal Retainers Held
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Reimbursements due from Lessor
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Assets Pre-Paid
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6Improvements in Progress
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7Estimated Premiums
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0265894
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0265894
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031270
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0765447
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0430815
IRS990ScheduleD/TotalLiabilityAmt031270
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0TRACKED SEPARATELY BASED ON LOCATION
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1NOT APPLICABLE
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 3 Col (F)
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt I Line 2
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0154000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0NASSIM HARAMEIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0154000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PREPARER EMAILS FINAL COPY OF RETURN TO GOVERNING BODY FOR REVIEW BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2HIRED INDEPENDENT FIRM TO CONDUCT SALARY COMPARABLE REPORT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HIRED INDEPENDENT FIRM TO CONDUCT SALARY COMPARABLE REPORT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0576454
IRS990/TotalAssetsEOYAmt01364184
IRS990/TotalAssetsGrp/BOYAmt0576454
IRS990/TotalAssetsGrp/EOYAmt01364184
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt02828308
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01422295
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0942661
IRS990/TotalFunctionalExpensesGrp/TotalAmt02364956
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt074351
IRS990/TotalLiabilitiesEOYAmt031270
IRS990/TotalLiabilitiesGrp/BOYAmt074351
IRS990/TotalLiabilitiesGrp/EOYAmt031270
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0502103
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01332914
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt029795

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.01$0.01$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.01$0.08$0.38$0.63$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$0.42$0.39$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$0.61$0.51$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.29$0.78$1.05$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.00$0.33$1.84$1.82$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.31$0.99$0.90$0.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.03$0.23$1.60$1.67$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.03$0.20$0.63$1.29$0.67
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.01$0.82$1.40$1.99$0.59
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.03$1.33$3.09$2.36$0.72
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.07$0.50$1.31$3.05$1.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.05$2.23$1.59
2011Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.68$0.52$0.16