Civic Intelligence

Lasting Adventures Incorporated

990 • Fiscal year 2023 • EIN 26-2086926

Jan 01, 2023 to Dec 31, 2023 • Filed on May 07, 2024

PO Box 1078Groveland, CA 95321-1078

(800) 513-8651

Siviq Scores

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

Liabilities / Assets

96th percentile

1.24x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.48x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

11th percentile

-32%

Higher net margin than 11% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

74th percentile

$115,633

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

2nd percentile

-45%

Faster asset growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-19%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$409,581

Down $329,352 (-45%) from 2022

Net Assets

Down

-$98,557

Down $332,866 (-142%) from 2022

Liabilities

Up

$508,138

Up $3,514 (+0.7%) from 2022

Revenue

Down

$1,053,477

Down $252,278 (-19%) from 2022

Expenses

Down

$1,386,343

Down $103,134 (-6.9%) from 2022

Net Income

Down

-$332,866

Down $149,144 (-81%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2012: $19,952Net Assets 2012: $19,9522012Assets 2014: $37,181Liabilities 2014: $1,021Net Assets 2014: $36,1602014Assets 2016: $264,404Liabilities 2016: $5,183Net Assets 2016: $259,2212016Assets 2017: $281,732Liabilities 2017: $4,700Net Assets 2017: $277,0322017Assets 2019: $412,829Liabilities 2019: $0Net Assets 2019: $412,8292019Assets 2020: $375,699Liabilities 2020: $211,486Net Assets 2020: $164,2132020Assets 2021: $921,470Liabilities 2021: $503,439Net Assets 2021: $418,0312021Assets 2022: $738,933Liabilities 2022: $504,624Net Assets 2022: $234,3092022Assets 2023: $409,581Liabilities 2023: $508,138Net Assets 2023: -$98,5572023Assets 2024: $280,963Liabilities 2024: $501,475Net Assets 2024: -$220,5122024

Highlighted filing

2023

Assets$409,581
Liabilities$508,138
Net Assets-$98,557

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2012: $125,892Expenses 2012: $120,861Net Income 2012: $5,0312012Revenue 2014: $245,414Expenses 2014: $241,195Net Income 2014: $4,2192014Revenue 2016: $718,020Expenses 2016: $537,279Net Income 2016: $180,7412016Revenue 2017: $779,985Expenses 2017: $762,174Net Income 2017: $17,8112017Revenue 2019: $993,014Expenses 2019: $970,010Net Income 2019: $23,0042019Revenue 2020: $261,052Expenses 2020: $663,686Net Income 2020: -$402,6342020Revenue 2021: $1,726,640Expenses 2021: $1,472,822Net Income 2021: $253,8182021Revenue 2022: $1,305,755Expenses 2022: $1,489,477Net Income 2022: -$183,7222022Revenue 2023: $1,053,477Expenses 2023: $1,386,343Net Income 2023: -$332,8662023Revenue 2024: $1,145,950Expenses 2024: $1,267,905Net Income 2024: -$121,9552024

Highlighted filing

2023

Revenue$1,053,477
Expenses$1,386,343
Net Income-$332,866
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$1,053,477
Mission and Program Overview

Mission

To provide positive youth development and educational opportunities through safe outdoor experiences. To provide educational experiences within the natural environment where youth will be able to gain a greater knowledge of themselves, the world, and the environment around them. To develop programs and opportunities to raise the needed capital to provide assistance for participation in these opportunities to otherwise disadvantaged youth. To establish relationships with schools and other social service agencies so that referrals can be made for "at-risk" youth to participate in these opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$475,770$250,010▼ $225,760
Land, Buildings, and Equipment, Net$84,248$65,087▼ $19,161
Other Notes and Loans Receivable, Net$69,160$62,920▼ $6,240
Prepaid Expenses and Deferred Charges$32,247--
Cash and Non-Interest-Bearing Accounts$77,508$31,564▼ $45,944
Rtn Earn Endowment Incm Other Fnds$234,309$-98,557▼ $332,866
Total Assets$738,933$409,581▼ $329,352
Liabilities
Unsecured Notes Loans Payable$495,590$500,000▲ $4,410
Accounts Payable and Accrued Expenses$9,034$8,138▼ $896
Total Liabilities$504,624$508,138▲ $3,514
Net Assets / Fund Balance
Total Net Assets Fund Balance$234,309$-98,557▼ $332,866
Total Liabilities and Net Assets / Fund Balance$738,933$409,581▼ $329,352

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$38,021$167,156$205,177
Leasehold Improvements$27,066$7,104$34,170
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Scott GehrmanExecutive ofFT$112,164$3,469$115,633

Board Members and Trustees

NameTitle
Jansen HayhurstPresident
Michael CramerBoard Member
Jennifer CraigSecretary
Edward HiltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,048,067
Investment Income
$175
Other Revenue
$5,235
Change in Net Assets
$-332,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$728,299
Other Expenses$658,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$531,200--$531,200
Advertising-$176,854-$176,854
Current Officers, Directors, Trustees, and Key Employees$57,817$57,816-$115,633
Insurance$96,971--$96,971
Occupancy-$75,518-$75,518
Payroll Taxes$42,061$7,422-$49,483
All Other Expenses$36,912$6,814-$43,726
Other Employee Benefits$15,991$15,992-$31,983
Interest$30,870--$30,870
Information Technology$20,491$8,782-$29,273
Other Expenses$19,765--$19,765
Depreciation Depletion$19,161--$19,161
Fees for Services Accounting-$10,800-$10,800
Office Expenses-$10,244-$10,244
Travel$4,420--$4,420
Fees for Services Legal-$3,774-$3,774
Total Functional Expenses$1,012,327$374,016$0$1,386,343
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is given to the board for review prior to filing the tax return.

Form 990, Page 6, Part VI, Line 15A

Comparability data was used to determine the executive officer's salary which was approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents (which include a conflict of interest procedure) and annual tax returns are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lasting Adventures Inc
EIN
26-2086926
Phone
8005138651
Address
PO BOX 1078, GROVELAND, CA 95321-1078

Signing Officer

Name
Scott Gehrman
Title
Executive Officer
Phone
8005138651
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Gehrman
Formed
2008
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
41

Preparer

Firm
Tittle & Company
Address
3263 ESPLANADE, CHICO, CA 95973
Preparer
Chandese Meghdadi CPA
Phone
5308988647
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide positive youth development and educational opportunities through safe outdoor experiences. To provide educational experiences within the natural environment where youth will be able to gain a greater knowledge of themselves, the world, and the environment around them. To develop programs and opportunities to raise the needed capital to provide assistance for participation in these opportunities to otherwise disadvantaged youth. To establish relationships with schools and other social service agencies so that referrals can be made for "at-risk" youth to participate in these opportunities.

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IRS990/Desc0LASTING ADVENTURES CONTINUES TO PROVIDE INCREDIBLE 3-13 DAY ADVENTURES FOR YOUTH THROUGHOUT THE YOSEMITE BACKCOUNTRY. THROUGH ADVENTURE BASED PROGRAMMING, PARTICIPANTS ARE INTRODUCED TO THE NECESSARY SKILLS AND ATTITUDES FOR LIVING SUCCESSFUL LIVES, ALL WHILE HAVING FUN, DEVELOPING NEW FRIENDSHIPS, AND CREATING LASTING MEMORIES. OUR PROGRAMS FOSTER A LIFE-LONG CONNECTION AND RESPECT FOR NATURE WHILE INCREASING PERSONAL CONFIDENCE THROUGH ACTIVITIES THAT CHALLENGE BOTH PHYSICALLY AND EMOTIONALLY.
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0992768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04981546
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01348
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0245
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02300
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt05666
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt053575
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt063476
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98770
IRS990ScheduleA/PublicSupportPY509Pct00.98860
IRS990ScheduleA/PublicSupportTotal509Amt05271161
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0259704
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0992768
IRS990ScheduleA/Total509Grp/TotalAmt05271161
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0167156
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt027066
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt07104
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt034170
IRS990ScheduleD/TotalBookValueLandBuildingsAmt065087
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE POSITIVE YOUTH DEVELOPMENT AND EDUCATIONAL OPPORTUNITIES THROUGH SAFE OUTDOOR EXPERIENCES. TO PROVIDE EDUCATIONAL EXPERIENCES WITHIN THE NATURAL ENVIRONMENT WHERE YOUTH WILL BE ABLE TO GAIN A GREATER KNOWLEDGE OF THEMSELVES, THE WORLD, AND THE ENVIRONMENT AROUND THEM. TO DEVELOP PROGRAMS AND OPPORTUNITIES TO RAISE THE NEEDED CAPITAL TO PROVIDE ASSISTANCE FOR PARTICIPATION IN THESE OPPORTUNITIES TO OTHERWISE DISADVANTAGED YOUTH. TO ESTABLISH RELATIONSHIPS WITH SCHOOLS AND OTHER SOCIAL SERVICE AGENCIES SO THAT REFERRALS CAN BE MADE FOR "AT-RISK" YOUTH TO PARTICIPATE IN THESE OPPORTUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS GIVEN TO THE BOARD FOR REVIEW PRIOR TO FILING THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPARABILITY DATA WAS USED TO DETERMINE THE EXECUTIVE OFFICER'S SALARY WHICH WAS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS (WHICH INCLUDE A CONFLICT OF INTEREST PROCEDURE) AND ANNUAL TAX RETURNS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0409581
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IRS990/TotalAssetsGrp/EOYAmt0409581
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IRS990/TotalEmployeeCnt041
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0374016
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01012327
IRS990/TotalFunctionalExpensesGrp/TotalAmt01386343
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0504624
IRS990/TotalLiabilitiesEOYAmt0508138
IRS990/TotalLiabilitiesGrp/BOYAmt0504624
IRS990/TotalLiabilitiesGrp/EOYAmt0508138
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0234309
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IRS990/TotalOtherCompensationAmt03469
IRS990/TotalProgramServiceExpensesAmt01012327
IRS990/TotalProgramServiceRevenueAmt01048067
IRS990/TotalReportableCompFromOrgAmt0112164
IRS990/TotalRevenueGrp/ExclusionAmt05410
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01048067
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01053477
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0738933
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0409581
IRS990/TravelGrp/ProgramServicesAmt04420
IRS990/TravelGrp/TotalAmt04420
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0495590
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0500000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1078
IRS990/USAddress/CityNm0GROVELAND
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095321
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.LASTINGADVENTURES.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT GEHRMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08005138651
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LASTING ADVENTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0LAST
ReturnHeader/Filer/EIN0262086926
ReturnHeader/Filer/PhoneNum08005138651
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1078
ReturnHeader/Filer/USAddress/CityNm0GROVELAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd0953211078
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200223640
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TITTLE & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03263 ESPLANADE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095973
ReturnHeader/PreparerPersonGrp/PhoneNum05308988647
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHANDESE MEGHDADI CPA
ReturnHeader/ReturnTs02024-05-09T14:14:30-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GEHRMAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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