Civic Intelligence

Skillsnet Foundation

EIN 20-0922373 • 501(c)3

Profile

The skillsnet foundation wants to ensure that churches, non-profit organizations, and other charitable organizations can take advantage of new technological products and services that will help them develop their workforce (paid and volunteer), enhance their operations, and advance their mission.

PO Box 31075168

www.skillsnet.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

8.41x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

95th percentile

1.17x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

15th percentile

-44%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

97th percentile

299%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

17th percentile

-48%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Assets

Down

$0

Down $12,989 (-100%) from 2012

Liabilities

Down

$0

Down $109,210 (-100%) from 2012

Net Assets

Up

$0

Up $96,221 (+100%) from 2012

Revenue

Down

$76,078

Down $17,290 (-19%) from 2012

Expenses

Down

$72,712

Down $61,741 (-46%) from 2012

Net Income

Up

$3,366

Up $44,451 (+108%) from 2012

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2010: $105Liabilities 2010: $67,815Net Assets 2010: -$67,7102010Assets 2011: $3,257Liabilities 2011: $58,393Net Assets 2011: -$55,1362011Assets 2012: $12,989Liabilities 2012: $109,210Net Assets 2012: -$96,2212012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013

Highlighted filing

2013

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $21,706Expenses 2010: $51,187Net Income 2010: -$29,4812010Revenue 2011: $179,721Expenses 2011: $167,147Net Income 2011: $12,5742011Revenue 2012: $93,368Expenses 2012: $134,453Net Income 2012: -$41,0852012Revenue 2013: $76,078Expenses 2013: $72,712Net Income 2013: $3,3662013

Highlighted filing

2013

Revenue$76,078
Expenses$72,712
Net Income$3,366

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 12, 2014
Return Version
2013v3.0
Gross Receipts
$76,078
Mission and Program Overview

Mission

The skillsnet foundation wants to ensure that churches, non-profit organizations, and other charitable organizations can take advantage of new technological products and services that will help them develop their workforce (paid and volunteer), enhance their operations, and advance their mission.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROVIDES SERVICES FOR EMPLOYABILITY ASSESSMENTS AND SKILLS TRAINING TO THE UNEMPLOYED ADULTS, AT-RISK YOUTH, SINGLE MOTHERS, LOW-INCOME NEIGHBORHOODS, AND OTHER AT-RISK POPULATIONS. SKILLSNET PROVIDES CLASSES AND SERVICES FOR FOSTER CARE TEENS WHO ARE AGING OUT OF FOSTER CARE TO MOVE TOWARDS INDEPENDENT LIVING AND EMPLOYABILITY BY ASSESSING THEIR SKILLS AND ABILITIES, MONITORING INTERNSHIPS, AND PROVIDING MENTORS FROM THE BUSINESS COMMUNITY.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARC ANDERBERGDirectorFT$40,222-$40,222
JASON BROWNDirector-$1,000-$1,000
SUSAN BROWNDirector-$0--
JEREMY LAVINDirector-$0--
Filing and Contact Details

Filer

EIN
20-0922373
Phone
9729232950

Signing Officer

Name
Susan Brown
Title
Director
Phone
9729232950
Signed
2014-11-12
Discuss with paid preparer
Yes

Preparer

Preparer
Janet H Quinones CPA
Phone
4698651040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: other income. Amount: 10.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expense. Amount: 71. Description: conferences, conventions, meetings. Amount: 1,175. Total to form 990-ez, line 16: 1,246.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: organization termination. Amount: 92,855.

Form 990-ez, Part II, Line 24 - Other Assets

Description: grants receivable . Beg. Of year amount: 10,750. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable . Beg. Of year amount: 12,438. End of year amount: 0. Description: loans payable . Beg. Of year amount: 96,772. End of year amount: 0.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: GRANTS RECEIVABLE . BEG. OF YEAR AMOUNT: 10,750. END OF YEAR AMOUNT: 0.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANET H QUINONES CPA
ReturnHeader/ReturnTs02014-11-16T21:22:52-06:00
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ReturnHeader/TaxYr02013

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