Civic Intelligence

California Emerging Technology Fund

990 • Fiscal year 2015 • EIN 20-5184429

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 14, 2015

5 Third Street No 320San Francisco, CA 94103-3206

(415) 744-2383

Siviq Scores

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

Liabilities / Assets

51st percentile

0.25x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

6.69x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

1st percentile

-689%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$345,321

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 64.9% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

2nd percentile

-29%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

30%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$14,352,548

Down $5,967,476 (-29%) from 2014

Net Assets

Down

$10,788,945

Down $4,105,626 (-28%) from 2014

Liabilities

Down

$3,563,603

Down $1,861,850 (-34%) from 2014

Revenue

Up

$532,483

Up $124,178 (+30%) from 2014

Expenses

Down

$4,201,373

Down $3,024,442 (-42%) from 2014

Net Income

Up

-$3,668,890

Up $3,148,620 (+46%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $35,138,431Liabilities 2011: $4,739,444Net Assets 2011: $30,398,9872011Assets 2012: $31,835,078Liabilities 2012: $2,372,263Net Assets 2012: $29,462,8152012Assets 2013: $26,160,556Liabilities 2013: $4,162,683Net Assets 2013: $21,997,8732013Assets 2014: $20,320,024Liabilities 2014: $5,425,453Net Assets 2014: $14,894,5712014Assets 2015: $14,352,548Liabilities 2015: $3,563,603Net Assets 2015: $10,788,9452015Assets 2016: $8,277,671Liabilities 2016: $1,501,066Net Assets 2016: $6,776,6052016Assets 2017: $34,747,833Liabilities 2017: $758,879Net Assets 2017: $33,988,9542017Assets 2018: $28,885,258Liabilities 2018: $1,239,673Net Assets 2018: $27,645,5852018Assets 2019: $22,916,250Liabilities 2019: $1,744,208Net Assets 2019: $21,172,0422019Assets 2020: $50,477,526Liabilities 2020: $2,328,749Net Assets 2020: $48,148,7772020Assets 2021: $44,150,511Liabilities 2021: $3,642,275Net Assets 2021: $40,508,2362021Assets 2022: $35,282,028Liabilities 2022: $3,109,790Net Assets 2022: $32,172,2382022Assets 2023: $27,147,491Liabilities 2023: $893,130Net Assets 2023: $26,254,3612023Assets 2024: $18,788,602Liabilities 2024: $407,819Net Assets 2024: $18,380,7832024Assets 2025: $12,139,308Liabilities 2025: $241,361Net Assets 2025: $11,897,9472025

Highlighted filing

2015

Assets$14,352,548
Liabilities$3,563,603
Net Assets$10,788,945

Operations Trend

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

$40M$20M$0-$20MExpenses 2011: $12,830,8732011Expenses 2012: $6,195,9262012Expenses 2013: $9,157,6562013Revenue 2014: $408,305Expenses 2014: $7,225,815Net Income 2014: -$6,817,5102014Revenue 2015: $532,483Expenses 2015: $4,201,373Net Income 2015: -$3,668,8902015Revenue 2016: $446,847Expenses 2016: $4,167,849Net Income 2016: -$3,721,0022016Revenue 2017: $32,768,095Expenses 2017: $5,479,552Net Income 2017: $27,288,5432017Revenue 2018: $56,425Expenses 2018: $6,399,794Net Income 2018: -$6,343,3692018Revenue 2019: $69,936Expenses 2019: $6,543,479Net Income 2019: -$6,473,5432019Revenue 2020: $35,210,093Expenses 2020: $8,233,358Net Income 2020: $26,976,7352020Revenue 2021: $253,401Expenses 2021: $7,893,942Net Income 2021: -$7,640,5412021Revenue 2022: $1,248,904Expenses 2022: $9,584,902Net Income 2022: -$8,335,9982022Revenue 2023: $3,574,011Expenses 2023: $9,491,888Net Income 2023: -$5,917,8772023Revenue 2024: $2,662,388Expenses 2024: $10,591,270Net Income 2024: -$7,928,8822024Revenue 2025: $3,938,233Expenses 2025: $10,441,474Net Income 2025: -$6,503,2412025

Highlighted filing

2015

Revenue$532,483
Expenses$4,201,373
Net Income-$3,668,890
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 14, 2015
Return Version
2014v5.0
Gross Receipts
$532,483
Mission and Program Overview

Mission

Provide leadership statewide to minimize the digital divide by accelerating the deployment and adoption of broadband and other advanced communication services to unserved and underserved communities.

Provide leadership statewide to minimize the digital divide by accelerating the deployment and adoption of broadband and other advanced communication services to unserved and underserved communities.ensure that california is a global leader in the availability and use of broadband technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,476,546$10,227,810▼ $6,248,736
Savings and Temporary Cash Investments$2,381,714$3,053,105▲ $671,391
Cash and Non-Interest-Bearing Accounts$1,417,943$1,028,952▼ $388,991
Prepaid Expenses and Deferred Charges$36,922$39,177▲ $2,255
Land, Buildings, and Equipment, Net$3,796$2,254▼ $1,542
Accounts Receivable$3,103$1,250▼ $1,853
Total Assets$20,320,024$14,352,548▼ $5,967,476
Liabilities
Other Liabilities$5,350,850$3,481,226▼ $1,869,624
Accounts Payable and Accrued Expenses$74,603$82,377▲ $7,774
Total Liabilities$5,425,453$3,563,603▼ $1,861,850
Net Assets / Fund Balance
Temporarily Rstr Net Assets$9,441,773$5,751,543▼ $3,690,230
Unrestricted Net Assets$5,452,798$5,037,402▼ $415,396
Total Net Assets Fund Balance$14,894,571$10,788,945▼ $4,105,626
Total Liabilities and Net Assets / Fund Balance$20,320,024$14,352,548▼ $5,967,476

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,254$92,591$94,845
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sunne Wright McpeakPresident and CEOFT$256,320$89,001$345,321
Susan WaltersSenior Vice PresidentFT$163,800$64,234$228,034
Luis ArteagaDirector of Emerging MktsFT$124,500$50,675$175,175
Richard MottaTreasurer-$25,000-$25,000
DR BARBARA O'CONNORSecretary-$5,750-$5,750
Lloyd LevineDirector-$5,625-$5,625
Jim KirklandDirector-$3,250-$3,250
Carol WhitesideDirector-$2,625-$2,625

Board Members and Trustees

NameTitle
Barbara JohnstonDirector
Darrel StewartDirector
Jeff CampbellDirector
Martha EscutiaDirector
Milton ChenDirector
Sam OvertonDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Bonnie MarksProgram Consultant271 LOCUST, San Rafael, CA 94901$151,236
Rachelle ChongProgram Consultant87 ROCKWAY AVE, San Francisco, CA 94127$117,500
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$532,483
Other Revenue
$0
Change in Net Assets
$-3,668,890

Audited Revenue Reconciliation

Revenue per Audited Statements
$491,874
Revenue Not Reported on Financial Statements
$40,609
Revenue Not Reported on Form 990
$-436,736
Total Revenue per Audited Statements
$55,138
Total Revenue per Form 990
$532,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,921,980
Salaries, Compensation, and Employee Benefits$1,877,393
Grants and Similar Amounts Paid$402,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$820,114$144,725-$964,839
Current Officers, Directors, Trustees, and Key Employees$428,460$117,861-$546,321
Grants to Domestic Orgs$402,000--$402,000
Other Employee Benefits$116,376$20,537-$136,913
Pension Plan Contributions$116,218$20,509-$136,727
Payroll Taxes$78,704$13,889-$92,593
Occupancy$68,262$12,046-$80,308
Conferences and Meetings-$57,446-$57,446
Fees for Services Accounting-$55,000-$55,000
Other Expenses$53,475--$53,475
Information Technology$45,470--$45,470
Fees for Service Investment Mgmnt Fees-$40,609-$40,609
Insurance$16,577$2,925-$19,502
Fees for Services Other-$14,598-$14,598
Depreciation Depletion$1,311$231-$1,542
All Other Expenses$-44,410$10,767-$-33,643
Total Functional Expenses$3,690,230$511,143$0$4,201,373

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,201,373
Expenses per Audited Statements$4,160,764
Total Expenses per Audited Statements$4,160,764
Expenses Not Reported on Financial Statements$40,609
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Los Angeles Clean Tech IncubatorLos Angeles, CA-To Support Programs That Increase Broadband Awareness and Adoption$150,000
Ymca of the East Bay - West Contra CostaRichmond, CA-To Support Programs That Increase Broadband Awareness and Adoption$150,000
Ctn Fcc Rural Pilot ProjectSacramento, CA-To Support Programs That Increase Broadband Awareness and Adoption$80,000
California Found for Independent LivingSacramento, CA-To Support Programs That Increase Broadband Awareness and Adoption$12,000
The Stride CenterOakland, CA-To Support Programs That Increase Broadband Awareness and Adoption$10,000
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Grant Commitments$3,481,226
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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

Governance Explanations

Form 990, Part VI, Section B, Line 11

Return reviewed and signed by treasurer before filing.

Form 990, Part VI, Section B, Line 12C

Compliance with the conflict of interest policy is monitored on an annual basis.

Form 990, Part VI, Section B, Line 15

Executive committee reviews compensation on an annual basis.

Form 990, Part VI, Section C, Line 18

Available on organization's website.

Form 990, Part VI, Section C, Line 19

Available on organization website.

Filing and Contact Details

Filer

Filer Name
California Emerging Technology Fund
EIN
20-5184429
Phone
4157442383
Address
5 THIRD STREET NO 320, SAN FRANCISCO, CA 94103-3206

Signing Officer

Name
Rich Motta
Title
Treasurer
Phone
4157442383
Signed
2015-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Motta
Formed
2006
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
11
Volunteers
0

Preparer

Firm
Rina Accountancy Corporation
Address
100 MONTGOMERY ST 2075, SAN FRANCISCO, CA 94104
Preparer
Tracy Teale
Phone
4157774488
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization's oversight process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Cetf is a not-for-profit organization, exempt from income tax under section 501(c)(3) and the applicable code section of the state of california revenue and taxation code. In addition, cetf qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a)(2) of the u.s. Internal revenue code. Cetf recognizes the financial statement benefit of an uncertain tax position after considering the probability that a tax authority would sustain the position in an examination. For tax positions meeting a more-likely-than-not threshold, the amount recognized in the financial statements is the benefit expected to be realized upon settlement with the tax authority. For tax positions not meeting the threshold, no financial statement benefit is recognized. Cetf recognizes interest and penalties, if any, related to uncertain tax positions as income tax expense. Cetf's tax returns are generally subject to examination by federal and state tax authorities for three and four years respectively. Cetf is relying on its tax-exempt status and its adherence to all applicable laws and regulations to preserve that status.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF EMERGING MKTS
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0402000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0402000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0402000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0532483
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt045470
IRS990/InformationTechnologyGrp/TotalAmt045470
IRS990/InsuranceGrp/ManagementAndGeneralAmt02925
IRS990/InsuranceGrp/ProgramServicesAmt016577
IRS990/InsuranceGrp/TotalAmt019502
IRS990/InvestmentIncomeGrp/ExclusionAmt0532483
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0532483
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016476546
IRS990/InvestmentsPubTradedSecGrp/EOYAmt010227810
IRS990/IRPDocumentCnt040
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IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE LEADERSHIP STATEWIDE TO MINIMIZE THE DIGITAL DIVIDE BY ACCELERATING THE DEPLOYMENT AND ADOPTION OF BROADBAND AND OTHER ADVANCED COMMUNICATION SERVICES TO UNSERVED AND UNDERSERVED COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014894571
IRS990/NetAssetsOrFundBalancesEOYAmt010788945
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-436736
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012046
IRS990/OccupancyGrp/ProgramServicesAmt068262
IRS990/OccupancyGrp/TotalAmt080308
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020537
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0116376
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0136913
IRS990/OtherExpensesGrp/Desc0MEDIA AND COMMUNICATION
IRS990/OtherExpensesGrp/Desc1SCHOOL 2 HOME
IRS990/OtherExpensesGrp/Desc2PUBLIC EDUCATION
IRS990/OtherExpensesGrp/Desc3OTHER PROGRAM EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0670346
IRS990/OtherExpensesGrp/ProgramServicesAmt1640654
IRS990/OtherExpensesGrp/ProgramServicesAmt2276673
IRS990/OtherExpensesGrp/ProgramServicesAmt353475
IRS990/OtherExpensesGrp/TotalAmt0670346
IRS990/OtherExpensesGrp/TotalAmt1640654
IRS990/OtherExpensesGrp/TotalAmt2276673
IRS990/OtherExpensesGrp/TotalAmt353475
IRS990/OtherLiabilitiesGrp/BOYAmt05350850
IRS990/OtherLiabilitiesGrp/EOYAmt03481226
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0144725
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0820114
IRS990/OtherSalariesAndWagesGrp/TotalAmt0964839
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013889
IRS990/PayrollTaxesGrp/ProgramServicesAmt078704
IRS990/PayrollTaxesGrp/TotalAmt092593
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt020509
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0116218
IRS990/PensionPlanContributionsGrp/TotalAmt0136727
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt036922
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039177
IRS990/PrincipalOfficerNm0RICH MOTTA
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02500
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03875207
IRS990/PYInvestmentIncomeAmt0377630
IRS990/PYOtherExpensesAmt01458809
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt028175
IRS990/PYRevenuesLessExpensesAmt0-6817510
IRS990/PYSalariesCompEmpBnftPaidAmt01891799
IRS990/PYTotalExpensesAmt07225815
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0408305
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-3668890
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02381714
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03053105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01623594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04571074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07793854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013991022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0532483
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0377630
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0549444
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0719849
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0772080
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02951486
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.90970
IRS990ScheduleA/PublicSupportTotal170Amt013991022
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01623594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04571074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07793854
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013991022
IRS990ScheduleA/TotalSupportAmt016942508
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/DirectContactLegislatorsAmt035376
IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd01
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0CETF STAFF PROVIDED INFORMATION AND REQUESTED ACTION FROM LEGISLATORS ON THE PENDING COMCAST ACQUISITION OF TIME WARNER CABLE AND TRADE AND TERRORITIES OF WITH CHARTER. CETF WAS ASSISTED WITH COMMUNICATIONS CONSULTANT JOE CAMICIA ON THESE OUTREACH CONTACTS. HOWEVER, THIS ACTIVITY DID NOT RELATE TO ANY SPECIFIC BILL OR LEGISLATIVE ACTIVITY. CETF WAS A LEGAL PARTY BEFORE THE FCC AND CPUC ON CORPORATE CONSOLIDATIONS: COMCAST-TWC-CHARTER AND AT&T-DIRECTV. CETF WAS REPRESENTED BY SPECIAL COUNSEL RACHELLE CHONG ON THESE MATTERS. CETF SPONSORED A SOCIAL MEDIA MOBILIZATION PROGRAM TO URGE ACTION BY THE FCC TO SECURE A TANGIBLE PUBLIC BENEFIT FROM PENDING CORPORATE CONSOLIDATIONS. CETF LED A DELEGATION OF PARTNERS AND STAKEHOLDERS TO WASHINGTON, D.C. IN JANUARY 2015 TO MEET WITH THE FCC. CETF MET WITH FRONTIER AND CHARTER (AND BRIGHT HOUSE) REGARDING THEIR PENDING CORPORATE CONSOLIDATIONS AND PREPARED OUTLINES ON THE CETF POSITION.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt035376
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02254
IRS990ScheduleD/EquipmentGrp/DepreciationAmt092591
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt094845
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt040609
IRS990ScheduleD/ExpensesSubtotalAmt04160764
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt040609
IRS990ScheduleD/InvestmentExpensesNotIncldAmt040609
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-436736
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03481226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GRANT COMMITMENTS
IRS990ScheduleD/RevenueNotReportedAmt0-436736
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt040609
IRS990ScheduleD/RevenueSubtotalAmt0491874
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CETF IS A NOT-FOR-PROFIT ORGANIZATION, EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) AND THE APPLICABLE CODE SECTION OF THE STATE OF CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, CETF QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2) OF THE U.S. INTERNAL REVENUE CODE. CETF RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF AN UNCERTAIN TAX POSITION AFTER CONSIDERING THE PROBABILITY THAT A TAX AUTHORITY WOULD SUSTAIN THE POSITION IN AN EXAMINATION. FOR TAX POSITIONS MEETING A MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE BENEFIT EXPECTED TO BE REALIZED UPON SETTLEMENT WITH THE TAX AUTHORITY. FOR TAX POSITIONS NOT MEETING THE THRESHOLD, NO FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. CETF RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNCERTAIN TAX POSITIONS AS INCOME TAX EXPENSE. CETF'S TAX RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES FOR THREE AND FOUR YEARS RESPECTIVELY. CETF IS RELYING ON ITS TAX-EXEMPT STATUS AND ITS ADHERENCE TO ALL APPLICABLE LAWS AND REGULATIONS TO PRESERVE THAT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02254
IRS990ScheduleD/TotalExpensesPerForm990Amt04201373
IRS990ScheduleD/TotalLiabilityAmt03481226
IRS990ScheduleD/TotalRevenuePerForm990Amt0532483
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt055138
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04160764
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0150000
IRS990ScheduleI/RecipientTable/CashGrantAmt1150000
IRS990ScheduleI/RecipientTable/CashGrantAmt280000
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt412000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT PROGRAMS THAT INCREASE BROADBAND AWARENESS AND ADOPTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO SUPPORT PROGRAMS THAT INCREASE BROADBAND AWARENESS AND ADOPTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO SUPPORT PROGRAMS THAT INCREASE BROADBAND AWARENESS AND ADOPTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO SUPPORT PROGRAMS THAT INCREASE BROADBAND AWARENESS AND ADOPTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO SUPPORT PROGRAMS THAT INCREASE BROADBAND AWARENESS AND ADOPTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LOS ANGELES CLEAN TECH INCUBATOR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1YMCA OF THE EAST BAY - WEST CONTRA COSTA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CTN FCC RURAL PILOT PROJECT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3THE STRIDE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CALIFORNIA FOUND FOR INDEPENDENT LIVING
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0411 S HEWITT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1263 SOUTH 20TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22001 P ST SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31212 BROADWAY STE 400
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41234 H ST STE 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOS ANGELES

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.1$0.24$11.9$3.94$10.4$6.50
2024Detailed filing. Detailed filing data is available for this year.$18.8$0.41$18.4$2.66$10.6$7.93
2023Detailed filing. Detailed filing data is available for this year.$27.1$0.89$26.3$3.57$9.49$5.92
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.3$3.11$32.2$1.25$9.58$8.34
2021Detailed filing. Detailed filing data is available for this year.$44.2$3.64$40.5$0.25$7.89$7.64
2020Detailed filing. Detailed filing data is available for this year.$50.5$2.33$48.1$35.2$8.23$27.0
2019Detailed filing. Detailed filing data is available for this year.$22.9$1.74$21.2$0.07$6.54$6.47
2018Detailed filing. Detailed filing data is available for this year.$28.9$1.24$27.6$0.06$6.40$6.34
2017Detailed filing. Detailed filing data is available for this year.$34.7$0.76$34.0$32.8$5.48$27.3
2016Detailed filing. Detailed filing data is available for this year.$8.28$1.50$6.78$0.45$4.17$3.72
2015Detailed filing. Detailed filing data is available for this year.$14.4$3.56$10.8$0.53$4.20$3.67
2014Detailed filing. Detailed filing data is available for this year.$20.3$5.43$14.9$0.41$7.23$6.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$4.16$22.0$9.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.8$2.37$29.5$6.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.1$4.74$30.4$12.8