Civic Intelligence

Twbd Inc

990 • Fiscal year 2019 • EIN 27-0248325

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 10, 2020

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

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

30th percentile

-3.3%

Higher net margin than 30% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

69th percentile

$55,975

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 9.9% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

18th percentile

-8.4%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$206,597

Down $18,843 (-8.4%) from 2018

Net Assets

Down

$206,597

Down $18,843 (-8.4%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$565,723

Down $74,080 (-12%) from 2018

Expenses

Down

$584,570

Down $112,878 (-16%) from 2018

Net Income

Up

-$18,847

Up $38,798 (+67%) from 2018

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

2019

Assets$206,597
Liabilities$0
Net Assets$206,597

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

2019

Revenue$565,723
Expenses$584,570
Net Income-$18,847
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 10, 2020
Return Version
2019v5.0
Gross Receipts
$602,084
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$108,170$97,476▼ $10,694
Cash and Non-Interest-Bearing Accounts$99,224$92,784▼ $6,440
Investments in Publicly Traded Securities$18,046$16,337▼ $1,709
Total Assets$225,440$206,597▼ $18,843
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$117,270$169,097▲ $51,827
Net Assets With Donor Restrictions$108,170$37,500▼ $70,670
Total Net Assets Fund Balance$225,440$206,597▼ $18,843
Total Liabilities and Net Assets / Fund Balance$225,440$206,597▼ $18,843
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jaida ImExecutive DiFT$49,501$6,474$55,975

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$554,790
Program Service Revenue
$1,930
Investment Income
$4,010
Other Revenue
$4,993
All Other Contributions
$470,838
Change in Net Assets
$-18,847
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$368,858
Other Expenses$215,712
Total Fundraising Expense$55,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$256,454--$256,454
Fees for Services Other$36,038$551$53,360$89,949
Current Officers, Directors, Trustees, and Key Employees$30,975$25,000-$55,975
Occupancy$49,011--$49,011
Other Employee Benefits$28,343$1,719-$30,062
Payroll Taxes$18,539$7,828-$26,367
Travel$17,506--$17,506
Conferences and Meetings$14,225--$14,225
Fees for Services Accounting-$13,880-$13,880
Office Expenses-$8,077$1,086$9,163
Insurance$1,604$4,205-$5,809
Information Technology$1,306$2,837-$4,143
Interest-$2,976-$2,976
Advertising--$1,027$1,027
Fees for Services Legal-$340-$340
Other Expenses$309--$309
Total Functional Expenses$461,684$67,413$55,473$584,570
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,472
Fundraising Direct Expenses$26,479
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Event$115,424$31,472-$31,472
Total Events$115,424$31,472$26,479$4,993
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
Yes
Backup withholding compliance
Yes
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
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
2020-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaida Im
Formed
2009
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
4
Employees
13

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

Resident therapy 1,954 0 0 consulting fees 0 127 0 marketing consulting 0 0 53,360 consulting - monarch program 26,680 0 0 recruiting fees 0 424 0 resident education 3,756 0 0 resident medical 3,648 0 0 total 36,038 551 53,360

Form 990, Part XI, Line 9

Unrealized gains on securities 13 prior year adjustment -9 total 4

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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/Desc0WOMEN 18 YEARS AND OLDER IN THEIR JOURNEY TO BECOME INDEPENDENT AND SELF- SUFFICIENT. FREEDOM HOUSE IS ONE OF THE FEW ORGANIZATIONS IN THE COUNTRY THAT SERVES BOTH U.S.-BORN SURVIVORS AND INTERNATIONAL VICTIMS WHO ARE TRAFFICKED INTO THE UNITED STATES.
IRS990/ProgSrvcAccomActy3Grp/Desc0FREEDOM HOUSE CONDUCTS SEMI-ANNUAL TRAININGS FOR THOSE WHO WANT TO SERVE AS SHELTER VOLUNTEERS AND WORK DIRECTLY WITH SURVIVORS OR BECOME ADVOCATE VOLUNTEERS WHO EDUCATE THE PUBLIC ABOUT HUMAN TRAFFICKING. AGENCY STAFF AND VOLUNTEERS WORK CLOSELY WITH LAW ENFORCEMENT AND COMMUNITY PARTNERS TO HELP IDENTIFY SURVIVORS WHO NEED SERVICES AND TO BUILD AWARENESS ABOUT MODERN- DAY SLAVERY THROUGHOUT CALIFORNIA BY PARTICIPATING IN MORE THAN 75 INFORMATIONAL EVENTS EACH YEAR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JAIDA IM KARL IM BOARD MEMBER BOARD MEMBER SPOUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FULL BOARD OF DIRECTORS REVIEWS THE 990 AT A MEETING PRIOR TO THE FILING WITH THE IRS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS 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/ExplanationTxt3FOLLOWING 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/ExplanationTxt4GOVERNING 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/ExplanationTxt5RESIDENT THERAPY 1,954 0 0 CONSULTING FEES 0 127 0 MARKETING CONSULTING 0 0 53,360 CONSULTING - MONARCH PROGRAM 26,680 0 0 RECRUITING FEES 0 424 0 RESIDENT EDUCATION 3,756 0 0 RESIDENT MEDICAL 3,648 0 0 TOTAL 36,038 551 53,360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNREALIZED GAINS ON SECURITIES 13 PRIOR YEAR ADJUSTMENT -9 TOTAL 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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