Civic Intelligence

Treepeople Inc.

990 • Fiscal year 2018 • EIN 23-7314838

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

12601 Mulholland DrBeverly Hills, CA 90210

(818) 753-4600

Siviq Scores

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

Liabilities / Assets

64th percentile

0.30x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

67th percentile

0.37x

Higher debt load relative to revenue than 67% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$292,047

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

73rd percentile

9.9%

Faster asset growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

67th percentile

12%

Faster revenue growth than 67% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$8,973,861

Up $807,573 (+9.9%) from 2017

Net Assets

Up

$6,284,761

Up $987,463 (+19%) from 2017

Liabilities

Down

$2,689,100

Down $179,890 (-6.3%) from 2017

Revenue

Up

$7,221,824

Up $752,103 (+12%) from 2017

Expenses

Up

$6,222,274

Up $927,577 (+18%) from 2017

Net Income

Down

$999,550

Down $175,474 (-15%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $8,700,536Liabilities 2011: $3,324,468Net Assets 2011: $5,376,0682011Assets 2012: $8,558,323Liabilities 2012: $3,331,578Net Assets 2012: $5,226,7452012Assets 2013: $8,596,969Liabilities 2013: $3,197,052Net Assets 2013: $5,399,9172013Assets 2016: $6,980,849Liabilities 2016: $2,957,442Net Assets 2016: $4,023,4072016Assets 2017: $8,166,288Liabilities 2017: $2,868,990Net Assets 2017: $5,297,2982017Assets 2018: $8,973,861Liabilities 2018: $2,689,100Net Assets 2018: $6,284,7612018Assets 2019: $10,647,166Liabilities 2019: $2,825,688Net Assets 2019: $7,821,4782019Assets 2020: $14,317,152Liabilities 2020: $3,398,626Net Assets 2020: $10,918,5262020Assets 2021: $17,069,704Liabilities 2021: $3,497,770Net Assets 2021: $13,571,9342021Assets 2022: $18,089,327Liabilities 2022: $3,796,893Net Assets 2022: $14,292,4342022Assets 2024: $19,591,444Liabilities 2024: $4,093,512Net Assets 2024: $15,497,9322024

Highlighted filing

2018

Assets$8,973,861
Liabilities$2,689,100
Net Assets$6,284,761

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $4,799,2092011Expenses 2012: $4,870,9502012Revenue 2013: $4,441,914Expenses 2013: $4,316,064Net Income 2013: $125,8502013Revenue 2016: $5,524,899Expenses 2016: $5,561,824Net Income 2016: -$36,9252016Revenue 2017: $6,469,721Expenses 2017: $5,294,697Net Income 2017: $1,175,0242017Revenue 2018: $7,221,824Expenses 2018: $6,222,274Net Income 2018: $999,5502018Revenue 2019: $8,563,717Expenses 2019: $7,049,150Net Income 2019: $1,514,5672019Revenue 2020: $11,400,734Expenses 2020: $8,305,936Net Income 2020: $3,094,7982020Revenue 2021: $11,249,621Expenses 2021: $8,587,688Net Income 2021: $2,661,9332021Revenue 2022: $13,102,818Expenses 2022: $12,034,054Net Income 2022: $1,068,7642022Revenue 2024: $18,044,956Expenses 2024: $16,302,532Net Income 2024: $1,742,4242024

Highlighted filing

2018

Revenue$7,221,824
Expenses$6,222,274
Net Income$999,550
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$7,432,977
Mission and Program Overview

Mission

To inspire, engage and support people to take personal responsibility for the urban environment, making it safe, healthy, fun and sustainable and to share the process as a model for the world.

To inspire, engage and support people to take personal responsibility for the urban environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,411,964$4,014,824▼ $397,140
Cash and Non-Interest-Bearing Accounts$2,034,362$2,833,404▲ $799,042
Investments in Publicly Traded Securities$842,377$657,677▼ $184,700
Savings and Temporary Cash Investments$197,389$608,838▲ $411,449
Pledges and Grants Receivable$181,320$573,830▲ $392,510
Accounts Receivable$464,599$243,478▼ $221,121
Prepaid Expenses and Deferred Charges$29,857$37,390▲ $7,533
Inventories for Sale or Use$4,420$4,420→ $0
Total Assets$8,166,288$8,973,861▲ $807,573
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,289,720$1,194,838▼ $94,882
Accounts Payable and Accrued Expenses$509,054$541,218▲ $32,164
Deferred Revenue$523,000$487,000▼ $36,000
Other Liabilities$547,216$466,044▼ $81,172
Total Liabilities$2,868,990$2,689,100▼ $179,890
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,940,344$2,950,287▲ $1,009,943
Unrestricted Net Assets$2,856,954$2,534,474▼ $322,480
Permanently Rstr Net Assets$500,000$800,000▲ $300,000
Total Net Assets Fund Balance$5,297,298$6,284,761▲ $987,463
Total Liabilities and Net Assets / Fund Balance$8,166,288$8,973,861▲ $807,573

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,838,224$4,740,532$8,578,756
Equipment$35,971$836,950$872,921
Leasehold Improvements$140,629$182,750$323,379
Other Land Buildings$0$192,913$192,913

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$500,000$300,000--$800,000
2017$200,000$300,000--$500,000
2016-$200,000--$200,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew LipkisPresidentFT$234,025$58,022$292,047
Cindy MontanezCEOFT$180,564$6,699$187,263
Fernanda De La TorreCFOFT$121,875$2,400$124,275
Catherine SewardChief Strategy and Development OfficerFT$21,811$2,400$24,211

Board Members and Trustees

NameTitle
Iza ZieringChairman
Bob AntonoplisDirector
Colette BrooksDirector
Dan MurrayDirector
David EllisDirector
David ZuckerDirector
Edgar DymallyDirector
J Lee BralyDirector
Jonathan FriedlandDirector
Laurie BenensonDirector
Liam DowDirector
Lisa AlexanderDirector
Mark SpiwakDirector
Nina LiebermanDirector
Noah Perch-ahemDirector
Phil BoeschDirector
Sarah NicholsDirector
Sarah SmithDirector
Seth KinerDirector
Ruth GoldwayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Californiachoice Benefit AdministratorsHealth And Dental InsurancePO BOX 7088, Orange, CA 92863$128,987
Berkshire Hathaway HomestateWorkers CompensationPO BOX 844501, Los Angeles, CA 90084$127,249
Applied ClimatologistConsulting Services896 BANYAN COURT, Marco Island, FL 34145$105,712
Revenue and Support

Revenue Composition

Contributions and Grants
$6,477,262
Program Service Revenue
$738,304
Investment Income
$6,258
Other Revenue
$0
All Other Contributions
$5,514,165
Change in Net Assets
$999,550

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,221,824
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-12,087
Total Revenue per Audited Statements
$7,209,737
Total Revenue per Form 990
$7,221,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,893,640
Other Expenses$2,268,634
Total Fundraising Expense$1,185,832
Professional Fundraising Fees$60,000
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,803,828$432,644$460,518$2,696,990
Fees for Services Other$621,523$39,885$19,973$681,381
Current Officers, Directors, Trustees, and Key Employees$429,657$96,603$101,535$627,795
Depreciation Depletion$250,726$59,588$86,826$397,140
Advertising$33,590$445$260,816$294,851
Other Employee Benefits$166,149$80,097$45,943$292,189
Payroll Taxes$191,911$40,303$44,452$276,666
Occupancy$148,753$32,374$45,448$226,575
All Other Expenses$68,619$6,001$20,118$94,738
Other Expenses$87,717$0$416$88,133
Fees for Services Professional Fundraising--$60,000$60,000
Travel$35,881$7,638$5,089$48,608
Fees for Services Lobbying$30,000--$30,000
Fees for Services Accounting-$27,620-$27,620
Total Functional Expenses$128,564$0$128,563$257,127

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,222,274
Total Expenses per Audited Statements$6,222,274
Total Expenses per Form 990$6,222,274
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$211,153
Fundraising Gross Income$211,153
Professional Fundraising Fees$60,000

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Harvest Moon$542,539$211,153$211,153$0
Total Events$542,539$211,153$211,153$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
Deferred Compensation$466,044
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 A, Line 1

The executive committee includes 1) ira ziering, chairman 2) j. Lee braly, director 3) phil boesch, director 4) sarah nichols, director 5) cindy montanez, chief executive officer

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

The form 990 is reviewed by the cfo. The return is then approved by the audit committee. The form 990 is made available to all board members prior to filing.

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

The board member with the conflict will be excused from any discussion or vote on the matter. Questionnaires are also given annually.

Form 990, Part VI, Section B, Line 15

In the process to determine compensation for the president and the cfo, the board of directors reviewed comparable data as well as contemporaneous substantiation of the compensation independently, without the participation of interested persons.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Treepeople Inc
EIN
23-7314838
Phone
8187534600
Address
12601 MULHOLLAND DR, BEVERLY HILLS, CA 90210

Signing Officer

Name
Cindy Montanez
Title
CEO
Phone
8187534600
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Lipkis
Formed
1973
Legal Domicile
CA
Voting Board Members
21
Independent Board Members
20
Employees
65
Volunteers
6,806

Preparer

Firm
Windes Inc
Address
PO BOX 87, LONG BEACH, CA 90801-0087
Preparer
Donita M Joseph
Phone
5624351191
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 621,523. Management and general expenses 39,885. Fundraising expenses 19,973. Total expenses 681,381.

Financial Statement Notes

PART V, LINE 4:

Treepeople's endowments consist of funds established for a variety of purposes. Endowment funds are established by donor-restricted gifts and bequests to either provide a permanent endowment, which is to provide a permanent source of income to treepeople, or a term endowment, which is to provide income for a specified period to treepeople. Treepeople's board of directors is in the process of developing a spending policy to distribute accumulated earnings on an annual basis to further the purposes of the individual donor-designated funds as of december 31, 2017.

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