Civic Intelligence

Society of Young Philanthropists

EIN 20-2079820 • 501(c)3 • Los Angeles, CA

Profile

The society of young philanthropists is a non-profit organization designed to create a network of distinguished professionals to promote philanthropic causes through charitable events. The goal of this organization is to offer an attractive and appealing opportunity for young professionals to contribute their resources and skills to charitable causes. Through these efforts, the society of young philanthropists hopes to instill a commitment to philanthropy in the next generation of community leaders.

8322 Beverly Blvd No 301Los Angeles, CA 90048

www.sypla.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $23,725 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $23,725 (-100%) from 2020

Revenue

Down

$0

Down $31,257 (-100%) from 2020

Expenses

Down

$23,725

Down $69,149 (-74%) from 2020

Net Income

Up

-$23,725

Up $37,892 (+61%) from 2020

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $79,224Liabilities 2011: $02011Assets 2012: $82,718Liabilities 2012: $0Net Assets 2012: $82,7182012Assets 2013: $80,620Liabilities 2013: $0Net Assets 2013: $80,6202013Assets 2014: $77,838Liabilities 2014: $0Net Assets 2014: $77,8382014Assets 2015: $77,762Liabilities 2015: $0Net Assets 2015: $77,7622015Assets 2016: $77,552Liabilities 2016: $02016Assets 2017: $82,913Liabilities 2017: $0Net Assets 2017: $82,9132017Assets 2018: $88,319Liabilities 2018: $0Net Assets 2018: $88,3192018Assets 2019: $85,342Liabilities 2019: $0Net Assets 2019: $85,3422019Assets 2020: $23,725Liabilities 2020: $0Net Assets 2020: $23,7252020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2011: $36,554Expenses 2011: $51,743Net Income 2011: -$15,1892011Revenue 2012: $8,018Expenses 2012: $4,524Net Income 2012: $3,4942012Revenue 2013: $4,401Expenses 2013: $6,499Net Income 2013: -$2,0982013Revenue 2014: $4,324Expenses 2014: $7,106Net Income 2014: -$2,7822014Revenue 2015: $28,051Expenses 2015: $25,180Net Income 2015: $2,8712015Revenue 2016: $2,832Expenses 2016: $3,042Net Income 2016: -$2102016Revenue 2017: $7,264Expenses 2017: $1,903Net Income 2017: $5,3612017Revenue 2018: $7,362Expenses 2018: $1,956Net Income 2018: $5,4062018Revenue 2019: $2,160Expenses 2019: $5,137Net Income 2019: -$2,9772019Revenue 2020: $31,257Expenses 2020: $92,874Net Income 2020: -$61,6172020Revenue 2021: $0Expenses 2021: $23,725Net Income 2021: -$23,7252021

Highlighted filing

2021

Revenue$0
Expenses$23,725
Net Income-$23,725

Filings

Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$30,179
Mission and Program Overview

Mission

The society of young philanthropists is a non-profit organization designed to create a network of distinguished professionals to promote philanthropic causes through charitable events. The goal of this organization is to offer an attractive and appealing opportunity for young professionals to contribute their resources and skills to charitable causes. Through these efforts, the society of young philanthropists hopes to instill a commitment to philanthropy in the next generation of community leaders.

The society of young philanthropists is a non-profit organization designed to createa network of distinguished professionals to promote philanthropic causes throughcharitable events. The goal of this organization is to offer an attractive andappealing opportunity for young professionals to contribute their resources andskills to charitable causes. Through these efforts, the society of youngphilanthropists hopes to instill a commitment to philanthropy in the next generationof community leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$84,090$82,239▼ $1,851
Cash and Non-Interest-Bearing Accounts$4,229$3,103▼ $1,126
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$88,319$85,342▼ $2,977
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$88,319$85,342▼ $2,977
Total Liabilities and Net Assets / Fund Balance$88,319$85,342▼ $2,977
Compensation and Service Providers

Board Members and Trustees

NameTitle
David RavanshenasPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,160
Other Revenue
$0
Change in Net Assets
$-2,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,137
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$3,201-$3,201
Fees for Service Investment Mgmnt Fees-$1,918-$1,918
Other Expenses-$18-$18
Total Functional Expenses$0$5,137$0$5,137
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The president reviewed form 990 upon filing.

Form 990, Part VI, Section C, Line 19

All documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Society of Young Philanthropists
EIN
20-2079820
Phone
3236510191
Address
8322 BEVERLY BLVD NO 301, LOS ANGELES, CA 90048

Signing Officer

Name
David Ravanshenas
Title
President
Phone
3108015418
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Ravanshenas
Formed
2004
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Mann Gelon Glodney Gumerove Yee Llp
Address
1880 CENTURY PARK EAST SUITE 950, LOS ANGELES, CA 90067
Preparer
Alexander Smith CPA
Phone
3102773633
Raw XML Appendix264 raw XML fields

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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