Civic Intelligence

The Resonance Project Foundation

990 • Fiscal year 2016 • EIN 16-1701355

Jan 01, 2016 to Dec 31, 2016 • Filed on May 15, 2017

75-5995 Kuakini Hwy 606Kailua Kona, HI 96740

(808) 828-0008

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.12x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.04x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

3rd percentile

-106%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$80,625

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

1st percentile

-73%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-55%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$221,368

Down $609,880 (-73%) from 2015

Net Assets

Down

$195,694

Down $621,531 (-76%) from 2015

Liabilities

Up

$25,674

Up $11,651 (+83%) from 2015

Revenue

Down

$627,680

Down $771,514 (-55%) from 2015

Expenses

Down

$1,294,377

Down $693,982 (-35%) from 2015

Net Income

Down

-$666,697

Down $77,532 (-13%) from 2015

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

2016

Assets$221,368
Liabilities$25,674
Net Assets$195,694

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

2016

Revenue$627,680
Expenses$1,294,377
Net Income-$666,697
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 15, 2017
Return Version
2016v3.0
Gross Receipts
$627,680
Mission and Program Overview

Mission

Scientific education & research

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$374,662$75,223▼ $299,439
Cash and Non-Interest-Bearing Accounts$271,521$52,842▼ $218,679
Prepaid Expenses and Deferred Charges$50,000--
Savings and Temporary Cash Investments$110,244$16,468▼ $93,776
Total Assets$831,248$221,368▼ $609,880
Other Assets Total$24,821$76,835▲ $52,014
Liabilities
Other Liabilities$12,792$27,670▲ $14,878
Accounts Payable and Accrued Expenses$1,231$-1,996▼ $3,227
Total Liabilities$14,023$25,674▲ $11,651
Net Assets / Fund Balance
Unrestricted Net Assets$817,225$195,694▼ $621,531
Total Net Assets Fund Balance$817,225$195,694▼ $621,531
Total Liabilities and Net Assets / Fund Balance$831,248$221,368▼ $609,880

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$75,223$463,816$539,039
Other Assets Org$300--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nassim HarameinOfficerFT$80,625$80,625
Nassim Haramein--$80,625$80,625
Teresa CollinsDirector-$75,000$75,000
Teresa Collins--$75,000$75,000
ChristopherAlmidaFT$55,208$55,208
Christopher Almida--$55,208$55,208
Marshall LeffertsPresident of the Board-$27,500$27,500
Marshall Lefferts--$27,500$27,500

Board Members and Trustees

NameTitle
David StillDirector
Peter CapuciatiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$395,234
Program Service Revenue
$232,222
Investment Income
$224
Other Revenue
$0
All Other Contributions
$333,648
Change in Net Assets
$-666,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$864,553
Salaries, Compensation, and Employee Benefits$429,824
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$477,828$0$0$477,828
Other Salaries and Wages$153,135$126,889$0$280,024
Current Officers, Directors, Trustees, and Key Employees$55,625$55,208$0$110,833
Occupancy$5,175$71,031$0$76,206
Travel$50,334$5,099$0$55,433
Office Expenses$18,723$31,664$0$50,387
Depreciation Depletion$47,171$0$0$47,171
Advertising$44,389$0$0$44,389
Information Technology$25,889$17,732$0$43,621
Conferences and Meetings$38,783$0$0$38,783
Payroll Taxes$15,648$15,430$0$31,078
Royalties$25,000$0$0$25,000
Other Employee Benefits$2,123$5,766$0$7,889
Other Expenses$0$3,729$0$3,729
Fees for Services Legal$1,626$500$0$2,126
Insurance$0$-120$0$-120
Total Functional Expenses$961,449$332,928$0$1,294,377
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$27,670
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 606, KAILUA KONA, HI 96740

Signing Officer

Name
Marshall Lefferts
Title
President
Phone
8088280008
Signed
2017-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marshall Lefferts
Formed
2004
Legal Domicile
Hi
Voting Board Members
5
Independent Board Members
2
Employees
12
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

Pt XI

Prior depreciation not entered

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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/CurrentTaxYearMinus2YearsAmt0275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0144
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0250
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0717
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0231783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0333079
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0229146
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt076939
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0112978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0983925
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0275
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0144
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0250
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0717
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt01838662
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0627017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0531594
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0363444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0131860
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0184747
IRS990ScheduleA/Total509Grp/TotalAmt01838662
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01839379
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt075223
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0463816
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0539039
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04122
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt172413
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2300
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Postage Account
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Legal Retainers Held
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Pre-Paids, Retainers Held
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Assets Pre-Paid
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Undeposited Funds
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt027670
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt075223
IRS990ScheduleD/TotalBookValueOtherAssetsAmt076835
IRS990ScheduleD/TotalLiabilityAmt027670
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/BaseCompensationFilingOrgAmt027500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt280625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt355208
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MARSHALL LEFFERTS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1TERESA COLLINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2NASSIM HARAMEIN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3CHRISTOPHER ALMIDA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt027500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt175000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt280625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt355208
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/ExplanationTxt4PRIOR DEPRECIATION NOT ENTERED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0HI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0831248
IRS990/TotalAssetsEOYAmt0221368
IRS990/TotalAssetsGrp/BOYAmt0831248
IRS990/TotalAssetsGrp/EOYAmt0221368
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0395234
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0332928
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0961449
IRS990/TotalFunctionalExpensesGrp/TotalAmt01294377
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014023
IRS990/TotalLiabilitiesEOYAmt025674
IRS990/TotalLiabilitiesGrp/BOYAmt014023
IRS990/TotalLiabilitiesGrp/EOYAmt025674
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0817225
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0195694
IRS990/TotalProgramServiceExpensesAmt0961449
IRS990/TotalProgramServiceRevenueAmt0232222
IRS990/TotalReportableCompFromOrgAmt0238333
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0232446
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0627680
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0831248
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0221368
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2016Detailed filing. Detailed filing data is available for this year.$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