Civic Intelligence

International Culinary Tourism Institute

990EZ • Fiscal year 2017 • EIN 20-3753519

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 03, 2017

4110 SE Hawthorne Blvd 440Portland, OR 97214

(503) 213-3700

Siviq Scores

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

Liabilities / Assets

98th percentile

2.78x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

3.74x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

18th percentile

-16%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

35th percentile

-5.2%

Faster asset growth than 35% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

10th percentile

-46%

Faster revenue growth than 10% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$64,811

Down $3,550 (-5.2%) from 2016

Net Assets

Down

-$115,238

Down $7,616 (-7.1%) from 2016

Liabilities

Up

$180,049

Up $4,066 (+2.3%) from 2016

Revenue

Down

$48,086

Down $41,610 (-46%) from 2016

Expenses

Down

$55,702

Down $47,594 (-46%) from 2016

Net Income

Up

-$7,616

Up $5,984 (+44%) from 2016

Historical Trend

Balance Sheet Trend

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

$500K$0-$500KAssets 2012: $259,867Liabilities 2012: $131,3852012Assets 2013: $91,670Liabilities 2013: $126,5522013Assets 2014: $89,411Liabilities 2014: $132,4912014Assets 2015: $77,588Liabilities 2015: $171,6102015Assets 2016: $68,361Liabilities 2016: $175,983Net Assets 2016: -$107,6222016Assets 2017: $64,811Liabilities 2017: $180,049Net Assets 2017: -$115,2382017Assets 2018: $55,502Liabilities 2018: $493,628Net Assets 2018: -$438,1262018Assets 2019: $45,795Liabilities 2019: $58,996Net Assets 2019: -$13,2012019Assets 2020: $40,793Liabilities 2020: $68,080Net Assets 2020: -$27,2882020

Highlighted filing

2017

Assets$64,811
Liabilities$180,049
Net Assets-$115,238

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $38,102Expenses 2012: $128,482Net Income 2012: -$90,3802012Revenue 2013: $68,400Expenses 2013: $231,764Net Income 2013: -$163,3642013Revenue 2014: $86,441Expenses 2014: $94,639Net Income 2014: -$8,1982014Revenue 2015: $59,910Expenses 2015: $110,852Net Income 2015: -$50,9422015Revenue 2016: $89,696Expenses 2016: $103,296Net Income 2016: -$13,6002016Revenue 2017: $48,086Expenses 2017: $55,702Net Income 2017: -$7,6162017Revenue 2018: $49,882Expenses 2018: $47,494Net Income 2018: $2,3882018Revenue 2019: $613,905Expenses 2019: $93,087Net Income 2019: $520,8182019Revenue 2020: $54,959Expenses 2020: $69,046Net Income 2020: -$14,0872020

Highlighted filing

2017

Revenue$48,086
Expenses$55,702
Net Income-$7,616
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 3, 2017
Return Version
2016v3.0
Gross Receipts
$48,086
Mission and Program Overview

Mission

To promote awareness of food tourism as a tool for economic and community development.

To grow and professionalize the food and drink tourism industry as the central hub that supports the creation of successful, profitable businessess and the protection and promotion of local culinary cultures world-wide.

Program Services

DescriptionGrantsExpenses
WE CREATED AND HOSTED THE EDUCATIONAL WEBINARS AND AN ONLINE SUMMIT ABOUT FOOD TRAVEL FOR THE PUBLIC. WE ORGANIZED MEETINGS TO HELP PROMOTE AWARENESS OF FOOD TOURISM AS A TOOL FOR ECONOMIC DEVELOPMENT, AND WE ALSO PUBLISHED NUMEROUS ARTICLES AND A NEW BLOG ON THIS SAME SUBJECT.-$55,702
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN LORGEChairman-$0--
CAROL CORENVice Chairma-$0--
ERIK WOLFSec/Treasure-$0--
Filing and Contact Details

Filer

Filer Name
International Culinary Tourism
EIN
20-3753519
Phone
5032133700
Address
4110 SE HAWTHORNE BLVD 440, PORTLAND, OR 97214

Signing Officer

Name
Erik Wolf
Title
Sec/treasurer
Phone
5032133700
Signed
2017-11-03

Preparer

Firm
Baker & Gingell Pc
Address
8555 SW APPLE WAY STE 120, PORTLAND, OR 97225
Preparer
Timothy M Baker
Phone
5032961117
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 1,196 office 4,390 computer 115 travel & lodging 2,753 meals 617 professional fees 13,146 interest 6,525 bank fees 135 miscellaneous -125 dues and subscriptions 3,170 parking and local trans. 208 paypal fees 458 repairs 105 telephone 2,769 taxes and licenses 111 website 1,787 training 10 non-investment depreciation 609 total 37,979

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 21 21 furnitire fixtures 12,054 12,054 less accumulated depreciation 11,482 12,054 intangibles 110,000 110,000 less accumulated amortization 45,848 53,182 total 64,745 56,839

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 59,294 44,526 unsecured notes and loans payable 3,693 27,228 loans from officers 112,996 108,295

Form 990-ez, Part III

To grow and professionalize the food and drink tourism industry as the central hub that supports the creation of successful, profitable businessess and the protection and promotion of local culinary cultures world-wide.

Form 990-ez, Part III, Line 28

We created and hosted the educational webinars and an online summit about food travel for the public. We organized meetings to help promote awareness of food tourism as a tool for economic development, and we also published numerous articles and a new blog on this same subject.

Raw XML Appendix154 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 1,196 OFFICE 4,390 COMPUTER 115 TRAVEL & LODGING 2,753 MEALS 617 PROFESSIONAL FEES 13,146 INTEREST 6,525 BANK FEES 135 MISCELLANEOUS -125 DUES AND SUBSCRIPTIONS 3,170 PARKING AND LOCAL TRANS. 208 PAYPAL FEES 458 REPAIRS 105 TELEPHONE 2,769 TAXES AND LICENSES 111 WEBSITE 1,787 TRAINING 10 NON-INVESTMENT DEPRECIATION 609 TOTAL 37,979
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 21 21 FURNITIRE FIXTURES 12,054 12,054 LESS ACCUMULATED DEPRECIATION 11,482 12,054 INTANGIBLES 110,000 110,000 LESS ACCUMULATED AMORTIZATION 45,848 53,182 TOTAL 64,745 56,839
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 59,294 44,526 UNSECURED NOTES AND LOANS PAYABLE 3,693 27,228 LOANS FROM OFFICERS 112,996 108,295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO GROW AND PROFESSIONALIZE THE FOOD AND DRINK TOURISM INDUSTRY AS THE CENTRAL HUB THAT SUPPORTS THE CREATION OF SUCCESSFUL, PROFITABLE BUSINESSESS AND THE PROTECTION AND PROMOTION OF LOCAL CULINARY CULTURES WORLD-WIDE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WE CREATED AND HOSTED THE EDUCATIONAL WEBINARS AND AN ONLINE SUMMIT ABOUT FOOD TRAVEL FOR THE PUBLIC. WE ORGANIZED MEETINGS TO HELP PROMOTE AWARENESS OF FOOD TOURISM AS A TOOL FOR ECONOMIC DEVELOPMENT, AND WE ALSO PUBLISHED NUMEROUS ARTICLES AND A NEW BLOG ON THIS SAME SUBJECT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-03-14 21:41:22Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum05032133700
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERNATIONAL CULINARY TOURISM
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ReturnHeader/Filer/PhoneNum05032133700
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORTLAND
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ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY M BAKER
ReturnHeader/ReturnTs02017-11-14T15:29:38-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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Filings