Civic Intelligence

Principle Based Leadership

990 • Fiscal year 2020 • EIN 20-4636578

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

30802 Oakrim DriveWestlake Village, CA 91362

(818) 851-9457

Siviq Scores

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

Liabilities / Assets

90th percentile

0.65x

Higher debt load relative to assets than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.10x

Higher debt load relative to revenue than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

44th percentile

1.4%

Higher net margin than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

88th percentile

$35,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

22nd percentile

-17%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

72nd percentile

8.3%

Faster revenue growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$26,028

Down $5,208 (-17%) from 2019

Net Assets

Down

$9,193

Down $2,588 (-22%) from 2019

Liabilities

Down

$16,835

Down $2,620 (-13%) from 2019

Revenue

Up

$169,607

Up $13,028 (+8.3%) from 2019

Expenses

Up

$167,195

Up $22,033 (+15%) from 2019

Net Income

Down

$2,412

Down $9,005 (-79%) from 2019

Historical Trend

Balance Sheet Trend

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

$40K$20K$0-$20KAssets 2013: $6,667Liabilities 2013: $8,5602013Assets 2014: $6,719Liabilities 2014: $5,4272014Assets 2018: $18,077Liabilities 2018: $9,8192018Assets 2019: $31,236Liabilities 2019: $19,455Net Assets 2019: $11,7812019Assets 2020: $26,028Liabilities 2020: $16,835Net Assets 2020: $9,1932020Assets 2021: $11,359Liabilities 2021: $27,332Net Assets 2021: -$15,9732021Assets 2022: $13,283Liabilities 2022: $25,790Net Assets 2022: -$12,5072022Assets 2023: $11,096Liabilities 2023: $12,963Net Assets 2023: -$1,8672023

Highlighted filing

2020

Assets$26,028
Liabilities$16,835
Net Assets$9,193

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2013: $65,603Expenses 2013: $62,353Net Income 2013: $3,2502013Revenue 2014: $19,672Expenses 2014: $18,946Net Income 2014: $7262014Revenue 2018: $92,522Expenses 2018: $89,445Net Income 2018: $3,0772018Revenue 2019: $156,579Expenses 2019: $145,162Net Income 2019: $11,4172019Revenue 2020: $169,607Expenses 2020: $167,195Net Income 2020: $2,4122020Revenue 2021: $115,786Expenses 2021: $140,952Net Income 2021: -$25,1662021Revenue 2022: $117,935Expenses 2022: $114,469Net Income 2022: $3,4662022Revenue 2023: $69,732Expenses 2023: $59,091Net Income 2023: $10,6412023

Highlighted filing

2020

Revenue$169,607
Expenses$167,195
Net Income$2,412
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$170,021
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,785$7,782▼ $3
Cash and Non-Interest-Bearing Accounts$18,621$6,639▼ $11,982
Loans From Officers Directors$3,365--
Land, Buildings, and Equipment, Net$772$401▼ $371
Receivables From Officers Etc-$231-
Accounts Receivable$100$0▼ $100
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$31,236$26,028▼ $5,208
Other Assets Total$3,958$10,975▲ $7,017
Liabilities
Accounts Payable and Accrued Expenses$16,048$12,249▼ $3,799
Other Liabilities$42$4,586▲ $4,544
Total Liabilities$19,455$16,835▼ $2,620
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,781$9,193▼ $2,588
Total Net Assets Fund Balance$11,781$9,193▼ $2,588
Total Liabilities and Net Assets / Fund Balance$31,236$26,028▼ $5,208

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$401$1,452$1,853
Other Assets Org$1--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Arthur G HobbaPresident & CEOFT$35,000$35,000

Board Members and Trustees

NameTitle
Vincent MugunDirector
Wycliffe MudavadiDirector
Albert SutcavageSecretary
Stephen StebbinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$169,351
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$251
All Other Contributions
$169,351
Change in Net Assets
$2,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$69,609
Grants and Similar Amounts Paid$57,889
Salaries, Compensation, and Employee Benefits$39,697
Total Fundraising Expense$17,255
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$56,329--$56,329
Current Officers, Directors, Trustees, and Key Employees$24,500$3,500$7,000$35,000
Fees for Services Other$14,986$573$4,482$20,041
All Other Expenses$5,469$2,779-$8,248
Fees for Services Accounting-$6,970-$6,970
Travel$4,736$2$258$4,996
Office Expenses$2,019$673$673$3,365
Payroll Taxes$2,207$315$631$3,153
Other Expenses$1,577$423$987$2,987
Interest-$1,744-$1,744
Fees for Services Legal$187$1,508-$1,695
Grants to Domestic Orgs$1,560--$1,560
Other Employee Benefits$772$386$386$1,544
Advertising$306$299$389$994
Insurance-$874-$874
Depreciation Depletion-$371-$371
Total Functional Expenses$120,244$29,696$17,255$167,195
International Activity

International Summary

Spending
$83,897

International Compliance

Foreign grant records maintained
Yes
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

International Activities

RegionActivityServicesOfficesEmployeesSpending
East AfricaLeader Training & Prison RehabCore 300 Education00$83,897
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,365--
Receivables from Officers, Directors, Trustees, and Key Employees-$231-
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
SBA-PPP Loan$4,582
Sales Tax$4
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is reviewed by the us based directors before it is filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

At annual board meeting conflict of interest are discussed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Other organization documents are available upon request

Filing and Contact Details

Filer

Filer Name
Principle Based Leadership
EIN
20-4636578
Phone
8188519457
Address
30802 OAKRIM DRIVE, WESTLAKE VILLAGE, CA 91362

Signing Officer

Name
Arthur Hobba
Title
President & CEO
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arthur Hobba
Formed
2006
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
1
Volunteers
10

Preparer

Firm
Mery Ekman Bookkeeping & Tax Services
Address
23730 CASTILLA CT, VALENCIA, CA 91355
Preparer
Mery Ekman
Phone
6616700000
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Other adjustment = -$5000

Form 990, Part I, Line1-organization Mission or Significant Activities

Principle based leadership (dba core 300) is a global, spirit-led movement that awakens, trains and transforms men through the active power of god's word using 3 years of curricula.

Leadership Training, 21ST Century Farming, Prison Rehabilitation Prog

Core 300 is a California-based, 501c3 in good standing with the Federal and California State government of the USA. We are committed to serving the needs of each families member as the root and cornerstone of civilization. We bring an awakening, healing, and a sustainable transformation of the spirit, soul, and mind to men in the world, who in turn bring that transformation to their families. Our specific and current focus are men and teenage boys in East Africa and the USA. Behold, I will send you Elijah the prophet before the great and awesome day of the LORD comes. And he will turn the hearts of fathers to their children and the hearts of children to their fathers, -- Malachi 4:5-The evidence of the power of the transformation of them, the marriage, the parenting, and of their economy has been measured of the last 4 years and confirms the we are on to the right track to change a broken society into a healed one one man at a time.Core 300 came with 4 Caucasian men with no missions experience to Kenya in 2013. We led a 3- day Ministers conference for 610 Christian leaders. A miraculous response changed our perspective and our hearts.Since then, we have been learning and developing leaders who have now seized the baton to continue the transformation of Bungoma County, Kenyas Western Regions, and Eastern Uganda. In 2016, the Kenyan government vetted a Stakeholders partnership to 19 NGOs which outlined their vision to rehabilitate men in each of their 106 prisons. In 2017 they chose Core 300.A Fateful YearRight before March 2020, three events occurred that had a strong impact on our mission to provide funding, guidance, training, and management skills for our Kenya-registered (Grantee) NGO, Principle Based Leadership (PBL).:1)A faithful US donor couple had a windfall sale of their home and donated $100,000 to Core 300 in February.2)In the same month, Core 300 President Art Hobba felt a pressing need to make a 2-week visit to Nairobi to train our PBLs Board in leadership and strategic alliances where conducted partner development meetings, with the US Ambassador, Officers in the Ministry of Education, the Prison Director of Rehabilitation, and other key influencer meetings.Mdm. Bernice Charles tells of her changed husband-pastor, Barasa. She said, I thank Core 300 for taking my husband through their wonderful series of teachings. I have seen a great change in himhe has stopped beating me, and he has promised to allow me to open a small business for which I am very happy because I had lost hope in my dreams, my life, and in marriageImpact of COVID-19 on US DonationsThe magnitude of the Fear of the Unknown created by COVID, the government, and media, we knew that all we could do in our US office was to encourage our Donor and Prayer Warrior basestelling stories of ongoing transformations among men, marriages, and families and inmates in our African ministry.The National Police were empowered to beat with clubs anyone [20 were beaten to death in the first 3 weeks of lockdown] found outside of their home crowded with families of 8-12 members, and restricted access to markets and hospitals for food, water (often not on site), and outhouses.The aftermath included the anguish caused by the proximity of adults where a social pandemic echos the lockdown with hundreds of 1000s of uncles, fathers, nephews, and sons impregnated immediate family women and girls as young as 10 years old. Many men abandoned their families to avoid facing the open shame and consequences to the family unit. Kenyan Prison SystemAs stewards of rehabilitation for Kenyas rehabilitation arm since 2017, Core 300 has carried the solemn burden of physical and emotional injustice inflicted upon the incarcerated. We were given the foresight of the Holy Spirit to train and mentor over 60 prison-salaried Chaplains from 2017-2019 in Western Kenyaabout 1/3 of the country. When the COVID lockdown occurred in late March, these Chaplains were equipped to carry on the training our

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0464761
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DISPUTED CREDIT CARD CHARGES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVENTORY ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2P/Y PAYROLL TAX REFUND
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EAST AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CORE 300 EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0LEADER TRAINING & PRISON REHAB
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PROGRAM SERVICE
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PRINCIPLE BASED LEADERSHIP, DBA CORE 300 (GRANTOR) IS A CALIFORNIA-BASED 501C3 NON-PROFIT TRAINING ORGANAIZATION, GIVES MONTHLY GRANTS TO PRINCIPLE BASED LEADERSHIP PBL, GRANTEE, A SEPARATE KENYA- REGISTERED NON-PROFIT, TRAINING AND HUMANITARIAN AID ASSOCIATION HEADQUARTERED IN BUNGOMA, KENYA. GRANT FUNDS ARE ASSESSED, APPROVED, MANAGED AND MONITORED BY CORE 300, PER PBLS SUBMITTED MONTHLY BUDGET, AND PAID BY CORE 300. AFTER THE MONTH'S END, CORE 300 EVALUATES PBLS VERIFIED EXPENSES, WITH RECEIPTS AND SIGNED VOUCHERS, AND THEIR LOCAL BANK STATEMENT FOR ACCOUNTABILITY. MOST OF OUR LEADERSHIP DEVELOPMENT MINISTRY IS THROUGH OUR GRANTOR TO GRANTEE RELATIONSHIP WITH OUR KENYA-REGISTERED NON-PROFIT, PRINCIPLE BASED LEADERSHIP ASSOCIATION (PBL), HEADQUARTERED IN BUNGOMA, KENYA. PBL SERVES THE PEOPLE OF KENYA AND EAST UGANDA WITH LEADERSHIP TRAINING, PRISONER AND EX-CON REHABILITATION, AND HOLISTIC AND HUMNITARIAN AID. FUNDS ARE DISTRIBUTED TO PBLS BANK ACCOUNT IN THEIR BANK OF AFRICA ACCOUNT, BASED ON MONTHLY BUDGET REQUESTS, AND VERIFIED BY ACTUAL EXPENSE REPRORTS, WITH ATTACHED RECEIPTS AND CASH VOUCHERS, AS MONITORED BY CORE 300.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/Total501c3OrgCnt01
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE US BASED DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT ANNUAL BOARD MEETING CONFLICT OF INTEREST ARE DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER ADJUSTMENT = -$5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRINCIPLE BASED LEADERSHIP (DBA CORE 300) IS A GLOBAL, SPIRIT-LED MOVEMENT THAT AWAKENS, TRAINS AND TRANSFORMS MEN THROUGH THE ACTIVE POWER OF GOD'S WORD USING 3 YEARS OF CURRICULA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Core 300 is a California-based, 501c3 in good standing with the Federal and California State government of the USA. We are committed to serving the needs of each families member as the root and cornerstone of civilization. We bring an awakening, healing, and a sustainable transformation of the spirit, soul, and mind to men in the world, who in turn bring that transformation to their families. Our specific and current focus are men and teenage boys in East Africa and the USA. Behold, I will send you Elijah the prophet before the great and awesome day of the LORD comes. And he will turn the hearts of fathers to their children and the hearts of children to their fathers, -- Malachi 4:5-The evidence of the power of the transformation of them, the marriage, the parenting, and of their economy has been measured of the last 4 years and confirms the we are on to the right track to change a broken society into a healed one one man at a time.Core 300 came with 4 Caucasian men with no missions experience to Kenya in 2013. We led a 3- day Ministers conference for 610 Christian leaders. A miraculous response changed our perspective and our hearts.Since then, we have been learning and developing leaders who have now seized the baton to continue the transformation of Bungoma County, Kenyas Western Regions, and Eastern Uganda. In 2016, the Kenyan government vetted a Stakeholders partnership to 19 NGOs which outlined their vision to rehabilitate men in each of their 106 prisons. In 2017 they chose Core 300.A Fateful YearRight before March 2020, three events occurred that had a strong impact on our mission to provide funding, guidance, training, and management skills for our Kenya-registered (Grantee) NGO, Principle Based Leadership (PBL).:1)A faithful US donor couple had a windfall sale of their home and donated $100,000 to Core 300 in February.2)In the same month, Core 300 President Art Hobba felt a pressing need to make a 2-week visit to Nairobi to train our PBLs Board in leadership and strategic alliances where conducted partner development meetings, with the US Ambassador, Officers in the Ministry of Education, the Prison Director of Rehabilitation, and other key influencer meetings.Mdm. Bernice Charles tells of her changed husband-pastor, Barasa. She said, I thank Core 300 for taking my husband through their wonderful series of teachings. I have seen a great change in himhe has stopped beating me, and he has promised to allow me to open a small business for which I am very happy because I had lost hope in my dreams, my life, and in marriageImpact of COVID-19 on US DonationsThe magnitude of the Fear of the Unknown created by COVID, the government, and media, we knew that all we could do in our US office was to encourage our Donor and Prayer Warrior basestelling stories of ongoing transformations among men, marriages, and families and inmates in our African ministry.The National Police were empowered to beat with clubs anyone [20 were beaten to death in the first 3 weeks of lockdown] found outside of their home crowded with families of 8-12 members, and restricted access to markets and hospitals for food, water (often not on site), and outhouses.The aftermath included the anguish caused by the proximity of adults where a social pandemic echos the lockdown with hundreds of 1000s of uncles, fathers, nephews, and sons impregnated immediate family women and girls as young as 10 years old. Many men abandoned their families to avoid facing the open shame and consequences to the family unit. Kenyan Prison SystemAs stewards of rehabilitation for Kenyas rehabilitation arm since 2017, Core 300 has carried the solemn burden of physical and emotional injustice inflicted upon the incarcerated. We were given the foresight of the Holy Spirit to train and mentor over 60 prison-salaried Chaplains from 2017-2019 in Western Kenyaabout 1/3 of the country. When the COVID lockdown occurred in late March, these Chaplains were equipped to carry on the training our
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART I, LINE1-ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5LEADERSHIP TRAINING, 21ST CENTURY FARMING, PRISON REHABILITATION PROG
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