Civic Intelligence

Twbd Inc

990 • Fiscal year 2016 • EIN 27-0248325

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 09, 2017

P O Box 2065Burlingame, CA 94011

(650) 488-0831

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

28th percentile

-5.4%

Higher net margin than 28% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$99,860

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

14th percentile

-13%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-5.9%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$280,624

Down $40,826 (-13%) from 2015

Net Assets

Down

$280,624

Down $40,826 (-13%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$765,489

Down $48,001 (-5.9%) from 2015

Expenses

Up

$806,764

Up $69,950 (+9.5%) from 2015

Net Income

Down

-$41,275

Down $117,951 (-154%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2012: $111,831Liabilities 2012: $0Net Assets 2012: $111,8312012Assets 2013: $370,560Liabilities 2013: $0Net Assets 2013: $370,5602013Assets 2014: $244,110Liabilities 2014: $899Net Assets 2014: $243,2112014Assets 2015: $321,450Liabilities 2015: $0Net Assets 2015: $321,4502015Assets 2016: $280,624Liabilities 2016: $0Net Assets 2016: $280,6242016Assets 2017: $284,939Liabilities 2017: $0Net Assets 2017: $284,9392017Assets 2018: $225,440Liabilities 2018: $0Net Assets 2018: $225,4402018Assets 2019: $206,597Liabilities 2019: $0Net Assets 2019: $206,5972019Assets 2020: $11,167Liabilities 2020: $69,949Net Assets 2020: -$58,7822020

Highlighted filing

2016

Assets$280,624
Liabilities$0
Net Assets$280,624

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $336,0772012Revenue 2013: $808,983Expenses 2013: $550,354Net Income 2013: $258,6292013Revenue 2014: $713,981Expenses 2014: $841,330Net Income 2014: -$127,3492014Revenue 2015: $813,490Expenses 2015: $736,814Net Income 2015: $76,6762015Revenue 2016: $765,489Expenses 2016: $806,764Net Income 2016: -$41,2752016Revenue 2017: $646,415Expenses 2017: $642,790Net Income 2017: $3,6252017Revenue 2018: $639,803Expenses 2018: $697,448Net Income 2018: -$57,6452018Revenue 2019: $565,723Expenses 2019: $584,570Net Income 2019: -$18,8472019Revenue 2020: $376,003Expenses 2020: $641,382Net Income 2020: -$265,3792020

Highlighted filing

2016

Revenue$765,489
Expenses$806,764
Net Income-$41,275
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 9, 2017
Return Version
2016v3.0
Gross Receipts
$802,491
Mission and Program Overview

Mission

Freedom house brings hope, restoration and a new life to survivors of human trafficking by providing transitional housing and long-term aftercare services.

Freedom house brings hope, restoration and a new life to survivors of human trafficking by providing safe housing and long-term aftercare services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$184,521$158,808▼ $25,713
Savings and Temporary Cash Investments$102,474$86,618▼ $15,856
Investments in Publicly Traded Securities$15,018$18,141▲ $3,123
Land, Buildings, and Equipment, Net$19,437$17,057▼ $2,380
Total Assets$321,450$280,624▼ $40,826
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$321,450$280,624▼ $40,826
Total Net Assets Fund Balance$321,450$280,624▼ $40,826
Total Liabilities and Net Assets / Fund Balance$321,450$280,624▼ $40,826

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,057$6,743$23,800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jaida ImExecutive DiFT$99,860$99,860

Board Members and Trustees

NameTitle
Hanna KangBoard Member
Karl ImBoard Member
Sarah LeeBoard Member
Thomas LeeBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$764,258
Program Service Revenue
$0
Investment Income
$233
Other Revenue
$998
All Other Contributions
$605,346
Change in Net Assets
$-41,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$414,862
Salaries, Compensation, and Employee Benefits$391,902
Total Fundraising Expense$58,744
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$221,395--$221,395
Occupancy$161,882--$161,882
Fees for Services Other$34,053$15,260$53,360$102,673
Current Officers, Directors, Trustees, and Key Employees$50,360$49,500-$99,860
Office Expenses-$74,647$4,147$78,794
Other Employee Benefits$41,626$1,425-$43,051
Payroll Taxes$23,287$4,309-$27,596
Travel$12,988$12,061-$25,049
Fees for Services Accounting-$7,557-$7,557
Insurance$2,151$5,075-$7,226
Information Technology$1,452$5,341-$6,793
Interest-$5,332-$5,332
Depreciation Depletion-$2,380-$2,380
Conferences and Meetings$1,002-$757$1,759
All Other Expenses$1,667--$1,667
Other Expenses$1,615$3,190-$1,615
Advertising--$480$480
Total Functional Expenses$561,943$186,077$58,744$806,764
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$38,000
Fundraising Direct Expenses$37,002
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$196,912$38,000-$38,000
Total Events$196,912$38,000$37,002$998
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 2

Jaida im karl im board member board member spouses

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

The full board of directors reviews the 990 at a meeting prior to the filing with the irs

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest are addressed in the bylaws as follows: 12.1 contracts with directors or officer. Except as otherwise permitted by applicable law, no director or officer of the company nor any other corporation, firm, association, or other entity in which one or more of the company's directors or officers have a material financial interest, shall enter into, whether directly or indirectly, any contract or transaction with the company, unless (a) the material facts regarding a director's or officer's financial interest in such contract or transaction or regarding such common directorship, officership, or financial interest are fully disclosed in good faith to the board of directors and noted in the minutes, or are known to all directors prior to the board's consideration of such contract or transaction; (b) such contract or transaction is authorized in good faith by a majority of the board then in office by a vote sufficient in that purpose without counting the votes of the interested director or directors; (c) before authorizing or approving the transaction, the board considers and in good faith decides after reasonable investigation under the circumstances that the company could not obtain a more advantageous arrangement with reasonable effort under the circumstances; and (d) the company for its own benefit enters into the transaction, which is fair and reasonable to the company at the time the transaction is entered into.

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

Following procedures set forth by the national council of nonprofits, the executive director salary and benefit compensation was determined by the board of directors by using the 2013 compensation & benefits survey report of northern california nonprofits, created by nonprofits compensation associates, and other available resources.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available to anyone upon request. There are plans to post them on the agency's website in the near future.

Filing and Contact Details

Filer

Filer Name
Twbd Inc
EIN
27-0248325
Phone
6504880831
Address
P O BOX 2065, BURLINGAME, CA 94011
Doing Business As
Freedom House

Signing Officer

Name
Karl Im
Title
Board Member
Phone
6504880831
Signed
2017-10-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaida Im
Formed
2009
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
18
Volunteers
122

Preparer

Firm
Marjtax Incorporated
Address
3542 FRUITVALE AVE, OAKLAND, CA 94602-2327
Preparer
Marjorie Williams-jones
Phone
5104826204
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The organization conducts semi-annual training sessions for those who want to serve as shelter volunteers or as community advocates who educate the public about human trafficking. Trained freedom house advocates share the latest information about human-trafficking issues and the needs of survivors at more than 75 community events each year.

Form 990, Page 2, Part III, Line 4B

Strengthening a survivor's reading, math and english-language abilities, tapping into a girl's inherent gifts and talents, providing life-skills education, fostering a desire to get a high school or college diploma, and encouraging survivors to set and achieve personal goals are the program's goals.

Form 990, Part IX, Line 11G

2004 resident therapy 6,410 0 0 5004 professional expen 0 3,500 0 3008 consulting fees 0 1,920 0 marketing consulting 0 0 53,360 volunteer assistance 963 0 0 consulting - monarch program 26,680 0 0 recruiting fees 0 9,840 0 total 34,053 15,260 53,360

Form 990, Part XI, Line 9

Event expense not net of income on cpa review 37,003 stock donations 2500 0 dividends earned on stock 175 0 event expense not net of income on cpa review -37,003 unrealized gains on securities 449 total 449

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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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IRS990/ProgSrvcAccomActy2Grp/Desc0THE NEST IS ONE OF THE FEW GROUP HOMES IN THE COUNTRY THAT IS EXCLUSIVELY DEDICATED TO HELPING MIDDLE-AND HIGH-SCHOOL-AGED GIRLS WHO HAVE ENDURED THE BRUTAL TORMENT OF COMMERCIAL SEXUAL EXPLOITATION. MANY VICTIMS REMAIN VULNERABLE TO BEING EXPLOITED BACK INTO A LIFE OF BONDAGE AND POVERTY. TO BREAK THAT CYCLE, FREEDOM HOUSE FIRMLY BELIEVES THAT EDUCATION IS THE KEY TO UNLOCKING A BRIGHTER FUTURE. COUNTY SOCIAL WORKERS AND JUVENILE PROBATION OFFICERS PLACE GIRLS AT THE NEST TO PROVIDE THEM WITH A SAFE HOME AND AN ALTERNATE LIFE WHICH VALUES EDUCATION. CONTINUED ON SCHEDULE O STRENGTHENING A SURVIVOR'S READING, MATH AND ENGLISH-LANGUAGE ABILITIES, TAPPING INTO A GIRL'S INHERENT GIFTS AND TALENTS, PROVIDING LIFE-SKILLS EDUCATION, FOSTERING A DESIRE TO GET A HIGH SCHOOL OR COLLEGE DIPLOMA, AND ENCOURAGING SURVIVORS TO SET AND ACHIEVE PERSONAL GOALS ARE THE PROGRAM'S GOALS.
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt086618
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EVENT REVENUE 100,936
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0820753
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0810509
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0365068
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL EVENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CONDUCTS SEMI-ANNUAL TRAINING SESSIONS FOR THOSE WHO WANT TO SERVE AS SHELTER VOLUNTEERS OR AS COMMUNITY ADVOCATES WHO EDUCATE THE PUBLIC ABOUT HUMAN TRAFFICKING. TRAINED FREEDOM HOUSE ADVOCATES SHARE THE LATEST INFORMATION ABOUT HUMAN-TRAFFICKING ISSUES AND THE NEEDS OF SURVIVORS AT MORE THAN 75 COMMUNITY EVENTS EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STRENGTHENING A SURVIVOR'S READING, MATH AND ENGLISH-LANGUAGE ABILITIES, TAPPING INTO A GIRL'S INHERENT GIFTS AND TALENTS, PROVIDING LIFE-SKILLS EDUCATION, FOSTERING A DESIRE TO GET A HIGH SCHOOL OR COLLEGE DIPLOMA, AND ENCOURAGING SURVIVORS TO SET AND ACHIEVE PERSONAL GOALS ARE THE PROGRAM'S GOALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2JAIDA IM KARL IM BOARD MEMBER BOARD MEMBER SPOUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FULL BOARD OF DIRECTORS REVIEWS THE 990 AT A MEETING PRIOR TO THE FILING WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS OF INTEREST ARE ADDRESSED IN THE BYLAWS AS FOLLOWS: 12.1 CONTRACTS WITH DIRECTORS OR OFFICER. EXCEPT AS OTHERWISE PERMITTED BY APPLICABLE LAW, NO DIRECTOR OR OFFICER OF THE COMPANY NOR ANY OTHER CORPORATION, FIRM, ASSOCIATION, OR OTHER ENTITY IN WHICH ONE OR MORE OF THE COMPANY'S DIRECTORS OR OFFICERS HAVE A MATERIAL FINANCIAL INTEREST, SHALL ENTER INTO, WHETHER DIRECTLY OR INDIRECTLY, ANY CONTRACT OR TRANSACTION WITH THE COMPANY, UNLESS (A) THE MATERIAL FACTS REGARDING A DIRECTOR'S OR OFFICER'S FINANCIAL INTEREST IN SUCH CONTRACT OR TRANSACTION OR REGARDING SUCH COMMON DIRECTORSHIP, OFFICERSHIP, OR FINANCIAL INTEREST ARE FULLY DISCLOSED IN GOOD FAITH TO THE BOARD OF DIRECTORS AND NOTED IN THE MINUTES, OR ARE KNOWN TO ALL DIRECTORS PRIOR TO THE BOARD'S CONSIDERATION OF SUCH CONTRACT OR TRANSACTION; (B) SUCH CONTRACT OR TRANSACTION IS AUTHORIZED IN GOOD FAITH BY A MAJORITY OF THE BOARD THEN IN OFFICE BY A VOTE SUFFICIENT IN THAT PURPOSE WITHOUT COUNTING THE VOTES OF THE INTERESTED DIRECTOR OR DIRECTORS; (C) BEFORE AUTHORIZING OR APPROVING THE TRANSACTION, THE BOARD CONSIDERS AND IN GOOD FAITH DECIDES AFTER REASONABLE INVESTIGATION UNDER THE CIRCUMSTANCES THAT THE COMPANY COULD NOT OBTAIN A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORT UNDER THE CIRCUMSTANCES; AND (D) THE COMPANY FOR ITS OWN BENEFIT ENTERS INTO THE TRANSACTION, WHICH IS FAIR AND REASONABLE TO THE COMPANY AT THE TIME THE TRANSACTION IS ENTERED INTO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOLLOWING PROCEDURES SET FORTH BY THE NATIONAL COUNCIL OF NONPROFITS, THE EXECUTIVE DIRECTOR SALARY AND BENEFIT COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS BY USING THE 2013 COMPENSATION & BENEFITS SURVEY REPORT OF NORTHERN CALIFORNIA NONPROFITS, CREATED BY NONPROFITS COMPENSATION ASSOCIATES, AND OTHER AVAILABLE RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANYONE UPON REQUEST. THERE ARE PLANS TO POST THEM ON THE AGENCY'S WEBSITE IN THE NEAR FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt72004 RESIDENT THERAPY 6,410 0 0 5004 PROFESSIONAL EXPEN 0 3,500 0 3008 CONSULTING FEES 0 1,920 0 MARKETING CONSULTING 0 0 53,360 VOLUNTEER ASSISTANCE 963 0 0 CONSULTING - MONARCH PROGRAM 26,680 0 0 RECRUITING FEES 0 9,840 0 TOTAL 34,053 15,260 53,360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EVENT EXPENSE NOT NET OF INCOME ON CPA REVIEW 37,003 STOCK DONATIONS 2500 0 DIVIDENDS EARNED ON STOCK 175 0 EVENT EXPENSE NOT NET OF INCOME ON CPA REVIEW -37,003 UNREALIZED GAINS ON SECURITIES 449 TOTAL 449
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0561943
IRS990/TotalFunctionalExpensesGrp/TotalAmt0806764
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0765489
IRS990/TotalVolunteersCnt0122
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IRS990/USAddress/CityNm0SAN MATEO
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IRS990/WebsiteAddressTxt0WWW.FREEDOMHOUSESF.ORG
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ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KARL IM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER
ReturnHeader/BusinessOfficerGrp/PhoneNum06504880831
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWBD INC
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ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 2065
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03542 FRUITVALE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAKLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0946022327
ReturnHeader/PreparerPersonGrp/PhoneNum05104826204
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARJORIE WILLIAMS-JONES
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-10-13T20:20:36-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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