Civic Intelligence

West Los Angeles College Foundation

990EZ • Fiscal year 2014 • EIN 23-7351797

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

9000 Overland Avenue90230

(424) 244-9522

Siviq Scores

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

Liabilities / Assets

79th percentile

0.15x

Higher debt load relative to assets than 79% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

100th percentile

23.06x

Higher debt load relative to revenue than 100% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-812%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

19th percentile

-22%

Faster asset growth than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$476,991

Down $133,129 (-22%) from 2013

Net Assets

Down

$407,226

Down $24,557 (-5.7%) from 2013

Liabilities

Down

$69,765

Down $108,572 (-61%) from 2013

Revenue

$3,026

No earlier filing loaded for comparison.

Expenses

Down

$27,583

Down $30,917 (-53%) from 2013

Net Income

-$24,557

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $658,466Liabilities 2012: $225,229Net Assets 2012: $433,2372012Assets 2013: $610,120Liabilities 2013: $178,337Net Assets 2013: $431,7832013Assets 2014: $476,991Liabilities 2014: $69,765Net Assets 2014: $407,2262014Assets 2017: $417,813Liabilities 2017: $5,494Net Assets 2017: $412,3192017Assets 2018: $434,571Liabilities 2018: $0Net Assets 2018: $434,5712018Assets 2019: $523,137Liabilities 2019: $2,300Net Assets 2019: $520,8372019Assets 2020: $609,581Liabilities 2020: $0Net Assets 2020: $609,5812020Assets 2021: $676,300Liabilities 2021: $14Net Assets 2021: $676,2862021Assets 2022: $1,120,782Liabilities 2022: $17,630Net Assets 2022: $1,103,1522022Assets 2023: $1,183,387Liabilities 2023: $6,855Net Assets 2023: $1,176,5322023Assets 2024: $1,340,312Liabilities 2024: $5,544Net Assets 2024: $1,334,7682024Assets 2025: $2,229,686Liabilities 2025: $8,126Net Assets 2025: $2,221,5602025

Highlighted filing

2014

Assets$476,991
Liabilities$69,765
Net Assets$407,226

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $40,9332012Expenses 2013: $58,5002013Revenue 2014: $3,026Expenses 2014: $27,583Net Income 2014: -$24,5572014Revenue 2017: $80,399Expenses 2017: $83,914Net Income 2017: -$3,5152017Revenue 2018: $72,189Expenses 2018: $49,923Net Income 2018: $22,2662018Revenue 2019: $206,605Expenses 2019: $120,339Net Income 2019: $86,2662019Revenue 2020: $274,880Expenses 2020: $186,465Net Income 2020: $88,4152020Revenue 2021: $160,625Expenses 2021: $93,920Net Income 2021: $66,7052021Revenue 2022: $620,885Expenses 2022: $144,775Net Income 2022: $476,1102022Revenue 2023: $348,038Expenses 2023: $290,879Net Income 2023: $57,1592023Revenue 2024: $351,270Expenses 2024: $211,140Net Income 2024: $140,1302024Revenue 2025: $1,094,748Expenses 2025: $248,731Net Income 2025: $846,0172025

Highlighted filing

2014

Revenue$3,026
Expenses$27,583
Net Income-$24,557
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$3,026
Mission and Program Overview

Mission

Support the inherent potential of every wlac student in their pursuit and completion of a professional certificate program, degree, or transfer to a four-year university.

The specific and primary purposes for which this corporation is formed are:a) to operate for the advancement of education;b) to promote, foster, encourage and provide scientific, literary, educational and recreational facilities at the west los angeles college hereinafter at times referred to as the "college";to assist the college and its agents in their construction of the buildings, equipment and facilities of the college;c) to provide for scholarships, awards, fellowships, grants in aid, and other educational financial assistance to worthy students, alumni, members of the faculty and faculty emeritus of the college; to further research and provide facilities for the students and community;d) to coordinate with the community in the culver city and the west los angeles college service area in order to encourage, promote, assist aid or accomplish any of the aforesaid purposes;e) to receive gifts, bequests or devises either outright or as trustee or beneficiary of a trust, to hold, tran

Program Services

DescriptionGrantsExpenses
SCHOLARSHIP PROGRAMS - SCHOLARSHIPS ARE GIVEN TO WEST LOS ANGELES COLLEGE STUDENTS.$27,560-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL JACOBSDirector-$0--
CY PIERCETreasurer-$0--
NABIL ABU-GHAZALEHDirector-$0--
IRWIN LEVINDirector-$0--
BARBARA LAMELAsst. Treasurer-$0--
GERALD SALLUSVice President-$0--
SHIRLEY BROWNSecretary-$0--
JASON COLEMANPresident-$0--
Filing and Contact Details

Filer

EIN
23-7351797
Phone
4242449522

Signing Officer

Name
Jason Coleman
Title
President
Signed
2015-05-14
Discuss with paid preparer
Yes

Preparer

Preparer
Paul N Shishima
Phone
3232652590
Supplemental Narrative

Additional Explanations

Other Expenses.1

SOFTWARE $5327

Other Expenses.2

CREDIT CARD FEES $23

Other Assets.1

OTHER ASSETS - Beginning $152 OTHER ASSETS - Ending $152

Total Liabilities.1005

Escrow Account Liability - Beginning $178337 Escrow Account Liability - Ending $69765

Raw XML Appendix164 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Asst. Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0152
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0152
IRS990EZ/OtherExpensesTotalAmt05350
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SPECIFIC AND PRIMARY PURPOSES FOR WHICH THIS CORPORATION IS FORMED ARE:A) TO OPERATE FOR THE ADVANCEMENT OF EDUCATION;B) TO PROMOTE, FOSTER, ENCOURAGE AND PROVIDE SCIENTIFIC, LITERARY, EDUCATIONAL AND RECREATIONAL FACILITIES AT THE WEST LOS ANGELES COLLEGE HEREINAFTER AT TIMES REFERRED TO AS THE "COLLEGE";TO ASSIST THE COLLEGE AND ITS AGENTS IN THEIR CONSTRUCTION OF THE BUILDINGS, EQUIPMENT AND FACILITIES OF THE COLLEGE;C) TO PROVIDE FOR SCHOLARSHIPS, AWARDS, FELLOWSHIPS, GRANTS IN AID, AND OTHER EDUCATIONAL FINANCIAL ASSISTANCE TO WORTHY STUDENTS, ALUMNI, MEMBERS OF THE FACULTY AND FACULTY EMERITUS OF THE COLLEGE; TO FURTHER RESEARCH AND PROVIDE FACILITIES FOR THE STUDENTS AND COMMUNITY;D) TO COORDINATE WITH THE COMMUNITY IN THE CULVER CITY AND THE WEST LOS ANGELES COLLEGE SERVICE AREA IN ORDER TO ENCOURAGE, PROMOTE, ASSIST AID OR ACCOMPLISH ANY OF THE AFORESAID PURPOSES;E) TO RECEIVE GIFTS, BEQUESTS OR DEVISES EITHER OUTRIGHT OR AS TRUSTEE OR BENEFICIARY OF A TRUST, TO HOLD, TRAN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIP PROGRAMS - SCHOLARSHIPS ARE GIVEN TO WEST LOS ANGELES COLLEGE STUDENTS.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt022233
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0417177
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02012
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IRS990ScheduleA/PublicSupportCY170Pct00.98620
IRS990ScheduleA/PublicSupportPY170Pct00.98350
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IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOFTWARE $5327
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CREDIT CARD FEES $23
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER ASSETS - Beginning $152 OTHER ASSETS - Ending $152
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Escrow Account Liability - Beginning $178337 Escrow Account Liability - Ending $69765
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1005
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON COLEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10WEST LOS ANGELES COLLEGE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0237351797
ReturnHeader/Filer/PhoneNum04242449522
ReturnHeader/Filer/USAddress/AddressLine109000 OVERLAND AVENUE
ReturnHeader/Filer/USAddress/City0CULVER CITY
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode090230
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Paul Shishima & Co
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10901 Corporate Center Drive 503
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Monterey Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode091754
ReturnHeader/PreparerPersonGrp/PhoneNum03232652590
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL N SHISHIMA
ReturnHeader/ReturnTs02015-05-14T14:32:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

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