Civic Intelligence

Freeman E Fairfield Foundation

990PF • Fiscal year 2021 • EIN 23-7055338

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

Organization Profile
PO Box 7798Long Beach, CA 90807-0798

(714) 282-1306

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

30th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

93rd percentile

76%

Higher net margin than 93% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

51st percentile

$15,000

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

78th percentile

25%

Faster asset growth than 78% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

98th percentile

971%

Faster revenue growth than 98% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets31st percentile

Assets

Up

$2,260,923

Up $449,278 (+25%) from 2020

Net Assets

Up

$2,260,923

Up $449,278 (+25%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin93rd percentile

Revenue

Up

$594,322

Up $538,834 (+971%) from 2020

Expenses

Down

$145,054

Down $19,455 (-12%) from 2020

Net Income

Up

$449,268

Up $558,289 (+512%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$3.0M$2.0M$1.0M$0Assets 2014: $2,395,845Liabilities 2014: $0Net Assets 2014: $2,395,8452014Assets 2015: $2,299,138Liabilities 2015: $0Net Assets 2015: $2,299,1382015Assets 2016: $2,184,437Liabilities 2016: $0Net Assets 2016: $2,184,4372016Assets 2017: $2,112,248Liabilities 2017: $0Net Assets 2017: $2,112,2482017Assets 2020: $1,811,645Liabilities 2020: $0Net Assets 2020: $1,811,6452020Assets 2021: $2,260,923Liabilities 2021: $0Net Assets 2021: $2,260,9232021Assets 2022: $2,085,834Liabilities 2022: $0Net Assets 2022: $2,085,8342022Assets 2023: $2,030,169Liabilities 2023: $0Net Assets 2023: $2,030,1692023Assets 2024: $1,982,855Liabilities 2024: $0Net Assets 2024: $1,982,8552024

Highlighted filing

2021

Assets$2,260,923
Liabilities$0
Net Assets$2,260,923
Open 2021 Filing

Operations Trend

Revenue Growth98th percentile

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

$600K$400K$200K$0-$200KRevenue 2014: $96,544Expenses 2014: $163,597Net Income 2014: -$67,0532014Revenue 2015: $71,674Expenses 2015: $168,380Net Income 2015: -$96,7062015Revenue 2016: $45,858Expenses 2016: $160,559Net Income 2016: -$114,7012016Revenue 2017: $75,048Expenses 2017: $147,237Net Income 2017: -$72,1892017Revenue 2020: $55,488Expenses 2020: $164,509Net Income 2020: -$109,0212020Revenue 2021: $594,322Expenses 2021: $145,054Net Income 2021: $449,2682021Revenue 2022: -$5,432Expenses 2022: $169,657Net Income 2022: -$175,0892022Revenue 2023: $114,015Expenses 2023: $169,680Net Income 2023: -$55,6652023Revenue 2024: $125,195Expenses 2024: $172,509Net Income 2024: -$47,3142024

Highlighted filing

2021

Revenue$594,322
Expenses$145,054
Net Income$449,268
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.2
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY J TUCKERTrusteePT$15,000-$15,000
PAUL W MCEACHERNTrustee-$15,000-$15,000
Filing and Contact Details

Filer

Filer Name
Freeman E Fairfield Foundation
EIN
23-7055338
Phone
7142821306
Address
PO BOX 7798, LONG BEACH, CA 90807-0798

Signing Officer

Name
Gary Tucker
Title
Trustee
Phone
7142821306
Signed
2022-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Yap & Little Inc Cpas
Address
6711 KATELLA AVENUE 2ND FLOOR, CYPRESS, CA 90630
Preparer
Kenneth L Little CPA
Phone
7145036212
Raw XML AppendixShowing 400 of 1,055 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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GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt1037302
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GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt40-19
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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0FORM 990-PF PART XIV LINES 2A - 2D
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0GRANT APPLICATION (GUIDELINES)
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0THE TRUSTEES OF THE FREEMAN E. FAIRFIELD FOUNDATION, AS PRESENTLY CONSTITUTED, WILL CONSIDER REQUESTS FOR GRANTS TO TAX-EXEMPT ORGANIZATIONS AND AGENCIES LOCATED WITHIN OR OFFERING SERVICES TO THE RESIDENTS OF LONG BEACH AND SIGNAL HILL, AND WHOSE SERVICES FALL WITHIN THE FOLLOWING GENERAL CATEGORIES:1. EDUCATION2. HEALTH AND DISABILITY3. HUMAN SERVICES4. PUBLIC AFFAIRS AND COMMUNITY DEVELOPMENTTHE CURRENT OBJECTIVES OF THE TRUSTEES PRECLUDE GRANTS FOR:1. ENDOWMENTS2. FUNDS FOR INDIVIDUALS3. SECTARIAN OR RELIGIOUS PURPOSES4. UNRESTRICTED OPERATING COSTS5. GENERAL FUND RAISING CAMPAIGNS, DINNERS OR OTHER SPECIAL EVENTS6. INTERMEDIARY FUNDING AGENCIES7. EXISTING OBLIGATIONS OR TO REPLENISH RESOURCES USED FOR SUCH PURPOSE8. INCURRING A DEBT LIABILITYTHE TRUSTEES ARE MORE LIKELY TO LOOK WITH FAVOR UPON PROJECTS WHICH IMPROVE THE QUALITY OF LIFE, INCREASE THE RESPONSIVENESS OF AGENCIES TO COMMUNITY NEEDS; DEVELOP SELF-RELIANCE; DIRECT THEMSELVES TO PREVENTION AS WELL AS TO TREATMENT; AND ELIMINATE DUPLICATION OF SERVICES AND ENCOURAGE COOPERATION.ALL APPLICANTS MUST BE:1. LOCATED IN OR SERVE THE PEOPLE IN LONG BEACH OR SIGNAL HILL;2. EXEMPT FROM INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND NOT CLASSIFIED AS A PRIVATE FOUNDATION; AND3. OPERATED SO THAT IT DOES NOT DISCRIMINATE IN THE HIRING OF STAFF ORPROVIDING SERVICES ON THE BASIS OF RACE, RELIGION, SEX, AGE, NATIONALORIGIN, OR DISABILITIES.GRANT SEEKERS SHOULD REVIEW THE GUIDELINES AND RESTRICTIONS CAREFULLY AND SUBMIT COMPLETE PROPOSALS RATHER THAN LETTERS OF INQUIRY OR TELEPHONE CALLS. THE PROPOSAL SHOULD BE SUBMITTED IN TRIPLICATE WITH A COVER LETTER TYPED ON THE ORGANIZATION'S LETTERHEAD AND SIGNED BY THE CHIEF EXECUTIVE OFFICER ON BEHALF OF THE GOVERNING BODY. IF A POST OFFICE BOX IS USED FOR MAILING PURPOSES, A STREET ADDRESS FOR THE ORGANIZATION MUST BE SHOWN.DEADLINE FOR SUBMISSION OF GRANT PROPOSALS IS JUNE 1 OF EACH YEAR.PROPOSALS SUBMITTED AFTER THAT DATE WILL NOT USUALLY BE CONSIDERED UNTIL THE FOLLOWING YEAR.FUNDING OF APPROVED GRANTS IS MADE ON OR ABOUT JUNE 30 WITH NO RENEWALS IMPLIED.SUGGESTED PROPOSAL FORMAT:1. A BRIEF SUMMARY OF THE PROPOSED PROJECT WHICH WILL:A. IDENTIFY THE APPLICANT.B. DESCRIBE THE PROBLEM OR NEED.C. DESCRIBE THE PROJECT, IT'S OBJECTIVES AND THE PROPOSED METHOD OF ACHIEVING THEM.D. STATE THE TOTAL ESTIMATED COSTS OF THE PROJECT.E. IDENTIFY THE AMOUNT OF FUNDS REQUESTED FROM THE FOUNDATION.2. THE PROPOSAL WILL INCLUDE:A. INTRODUCTION. STATE A BRIEF HISTORY OF THE APPLICANT'S ORGANIZATION, IT'S PAST PROGRAM ACCOMPLISHMENTS AND COMMUNITY SUPPORT. SHOW HOW THE PROPOSED PROJECT IS WITHIN THE APPLICANT'S GOALS AND OBJECTIVES.B. THE PROBLEM OR NEED. DEFINE AND DOCUMENT THE PROBLEM OR NEED THAT WILL BE ASSISTED OR RESOLVED BY THE PROJECT. IDENTIFY THE GROUPS AFFECTED. DESCRIBE THE CAUSE OF THE PROBLEM AND GIVE OPINION AS TO WHAT WOULD RESULT IF THE PROBLEM WAS NOT UNDERTAKEN.C. PROGRAM OBJECTIVES. STATE THE PREDICTED GOALS AND END RESULTS OF THE PROJECT IN MEASURABLE TERMS. IF THE PROJECT WILL REQUIRE FURTHER FUNDING OR CONTINUED IMPLEMENTATION, SET FORTH WHATADDITIONAL NEEDS WILL BE REQUIRED TO ATTAIN THE DESIRED RESULTS.D. METHODS. DESCRIBE THE TIME SEQUENCE OF ACTIVITIES AND THE PERSONNEL'S QUALIFICATIONS TO CARRY OUT AND FOLLOW THROUGH THE PROJECT'S OBJECTIVES. STATE REASONS WHY THE METHODS OUTLINED ARE THE BEST APPROACH TO ACHIEVE THE MAXIMUM RESULTS.E. EVALUATION. STATE HOW THE APPLICANT INTENDS TO MONITOR THE PROGRESS OF THE PROJECT AND EVALUATE ITS SUCCESS.F. PROPOSED BUDGET. PRESENT A REALISTIC ESTIMATE OF THE PROJECT COSTS. STATE WHEN AND HOW YOU ANTICIPATE THAT FUNDS AWARDED BY THIS FOUNDATION WOULD ACTUALLY BE EXPENDED FOR THE PROJECT.DOCUMENTS TO BE ATTACHED TO PROPOSAL PERTAINING TO APPLICANT:1. A COMPLETE FINANCIAL STATEMENT (AUDITED, IF AVAILABLE) FOR THE MOST RECENT FISCAL YEAR AND A COPY OF THE MOST RECENT IRS FORM 990.2. BUDGET FOR CURRENT YEAR AND THE NEXT PRECEDING YEAR.3. CURRENT ANNUAL REPORT OR STATEM
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt012486
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt119001
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt212869
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt327568
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt48590
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt544125
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt616011

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Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,260,923
Liabilities
$0
Net assets
$2,260,923
Revenue
$594,322
Expenses
$145,054
Net income
$449,268
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.13$0.17$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.11$0.17$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.01$0.17$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.59$0.15$0.45
2020Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$0.06$0.16$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.08$0.15$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$0.05$0.16$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.07$0.17$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$0.10$0.16$0.07