Civic Intelligence

Closing the Gap

990EZ • Fiscal year 2015 • EIN 26-3122380

Jan 01, 2015 to Dec 31, 2015 • Filed on May 02, 2016

Organization Profilewww.closingthegapusa.org
2450 Venture Oaks WaySacramento, CA 95833

(916) 804-6337

Siviq Scores

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

Liabilities / Assets

77th percentile

0.10x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.08x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

79th percentile

33%

Faster asset growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$54,837

Up $13,577 (+33%) from 2014

Net Assets

Up

$49,337

Up $8,077 (+20%) from 2014

Liabilities

$5,500

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin67th percentile

Revenue

Up

$67,693

Up $9,681 (+17%) from 2014

Expenses

Down

$59,616

Down $7,076 (-11%) from 2014

Net Income

Up

$8,077

Up $16,757 (+193%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$100K$50K$0Assets 2014: $41,260Net Assets 2014: $41,2602014Assets 2015: $54,837Liabilities 2015: $5,500Net Assets 2015: $49,3372015Assets 2016: $87,877Net Assets 2016: $87,8772016Assets 2017: $82,370Net Assets 2017: $82,3702017Assets 2018: $66,971Net Assets 2018: $66,9712018Assets 2019: $60,222Net Assets 2019: $60,2222019Assets 2020: $68,593Net Assets 2020: $68,5932020Assets 2021: $58,746Net Assets 2021: $58,7462021Assets 2022: $62,942Net Assets 2022: $62,9422022Assets 2023: $55,101Net Assets 2023: $55,1012023Assets 2024: $81,560Net Assets 2024: $81,5602024

Highlighted filing

2015

Assets$54,837
Liabilities$5,500
Net Assets$49,337
Open 2015 Filing

Operations Trend

Revenue Growth70th percentile

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

$100K$50K$0-$50KRevenue 2014: $58,012Expenses 2014: $66,692Net Income 2014: -$8,6802014Revenue 2015: $67,693Expenses 2015: $59,616Net Income 2015: $8,0772015Revenue 2016: $56,524Expenses 2016: $17,984Net Income 2016: $38,5402016Revenue 2017: $41,337Expenses 2017: $46,844Net Income 2017: -$5,5072017Revenue 2018: $30,566Expenses 2018: $45,965Net Income 2018: -$15,3992018Revenue 2019: $23,737Expenses 2019: $30,486Net Income 2019: -$6,7492019Revenue 2020: $42,471Expenses 2020: $34,100Net Income 2020: $8,3712020Revenue 2021: $24,698Expenses 2021: $34,545Net Income 2021: -$9,8472021Revenue 2022: $29,946Expenses 2022: $25,750Net Income 2022: $4,1962022Revenue 2023: $21,767Expenses 2023: $29,608Net Income 2023: -$7,8412023Revenue 2024: $26,594Expenses 2024: $135Net Income 2024: $26,4592024

Highlighted filing

2015

Revenue$67,693
Expenses$59,616
Net Income$8,077
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 2, 2016
Return Version
2015v2.0
Gross Receipts
$67,693
Mission and Program Overview

Mission

Closing the gap is an all volunteer non-profit that screens, funds and assists programs focused on closing the academic achievement gap in sacramento area public schools. We make sure the funds are going to local programs that help local students.

Program Services

DescriptionGrantsExpenses
Funding and assisting academic achievement gaps in Sacramento area public schools.$2,127$56,100
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHERYL MILES-MENOUFYPresident & CEO-$0--
MARIELLE TSUKAMOTOVice President-$0--
DANA HOWARDVice President-$0--
CURTIS DAODirector-$0--
LARRY BROOKSDirector-$0--
DENNIS MCKENNADirector-$0--
KAIS MENOUFYDirector-$0--
WAZHMA MOJADDIDIDirector-$0--
VANESSA SHEAREDDirector-$0--
JEANNE REAVESTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Closing the Gap
EIN
26-3122380
Address
2450 Venture Oaks Way, Sacramento, CA 95833

Signing Officer

Name
Jeanne Reaves
Title
Treasurer
Signed
2016-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Deborah L Hurst Accounting & Consulting Inc
Address
13389 Folsom Blvd 300-124, Folsom, CA 95630
Preparer
Deborah L Hurst CPA
Phone
9162949700
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: SACRAMENTO POLICE FOUNDATION | Donee's Address: 5960 SOUTH LAND PARK DR. PMB 235 SACRAMENTO CA 95822 | Cash Amount Given: $10000”

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: IMPROVE YOUR TOMORROW | Donee's Address: 1017 L STREET #632 SACRAMENTO CA 95814 | Cash Amount Given: $25000”

Grants and Similar Amounts Paid In Excess of $5,000.3

“| Donee's Name: COMMUNITY COLLEGE FOUNDATION | Donee's Address: 1901 ROYAL OAKS DR., SUITE 100 SACRAMENTO CA 95815 | Cash Amount Given: $17000”

Other Expenses.1007

“Conferences, Conventions, and Meetings $400”

Other Expenses.1

“Fundraising expenses $917”

Other Expenses.2

“MEALS $810”

Other Expenses.3

“BANK FEES $341”

Other Expenses.4

“STATE TAXES $10”

Other Assets.1005

“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $12000”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $50”

Total Liabilities.1003

“Deferred Revenue - Beginning $0 Deferred Revenue - Ending $5500”

Raw XML Appendix178 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/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHERYL MILES-MENOUFY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIELLE TSUKAMOTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANA HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CURTIS DAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LARRY BROOKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DENNIS MCKENNA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KAIS MENOUFY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7WAZHMA MOJADDIDI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8VANESSA SHEARED
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JEANNE REAVES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt012050
IRS990EZ/OtherExpensesTotalAmt02478
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/RelatedOrgSect527OrgInd0false
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IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059616
IRS990EZ/TotalProgramServiceExpensesAmt02127
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0www.closingthegapusa.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt067693
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt058002
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0125695
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0125695
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt067693
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: SACRAMENTO POLICE FOUNDATION | Donee's Address: 5960 SOUTH LAND PARK DR. PMB 235 SACRAMENTO CA 95822 | Cash Amount Given: $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: IMPROVE YOUR TOMORROW | Donee's Address: 1017 L STREET #632 SACRAMENTO CA 95814 | Cash Amount Given: $25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Donee's Name: COMMUNITY COLLEGE FOUNDATION | Donee's Address: 1901 ROYAL OAKS DR., SUITE 100 SACRAMENTO CA 95815 | Cash Amount Given: $17000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING EXPENSES $917
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS $810
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK FEES $341
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STATE TAXES $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Accounts Receivable - Beginning $0 Accounts Receivable - Ending $12000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Deferred Revenue - Beginning $0 Deferred Revenue - Ending $5500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1003
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEANNE REAVES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CLOSING THE GAP
ReturnHeader/Filer/BusinessNameControlTxt0CLOS
ReturnHeader/Filer/EIN0263122380
ReturnHeader/Filer/USAddress/AddressLine1Txt02450 Venture Oaks Way
ReturnHeader/Filer/USAddress/CityNm0Sacramento
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095833
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013389 Folsom Blvd 300-124
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Folsom
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095630
ReturnHeader/PreparerPersonGrp/PhoneNum09162949700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Deborah L Hurst CPA
ReturnHeader/ReturnTs02016-05-02T16:56:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,837
Liabilities
$5,500
Net assets
$49,337
Revenue
$67,693
Expenses
$59,616
Net income
$8,077
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$81.6$81.6$26.6$0.14$26.5
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.1$55.1$21.8$29.6$7.84
2022Detailed filing. Detailed filing data is available for this year.$62.9$62.9$29.9$25.8$4.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.7$58.7$24.7$34.5$9.85
2020Detailed filing. Detailed filing data is available for this year.$68.6$68.6$42.5$34.1$8.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$60.2$60.2$23.7$30.5$6.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.0$67.0$30.6$46.0$15.4
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$82.4$82.4$41.3$46.8$5.51
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$87.9$87.9$56.5$18.0$38.5
2015Detailed filing. Detailed filing data is available for this year.$54.8$5.50$49.3$67.7$59.6$8.08
2014Detailed filing. Detailed filing data is available for this year.$41.3$41.3$58.0$66.7$8.68