Civic Intelligence

Livingstone Community Development Corporation

990 • Fiscal year 2021 • EIN 27-0947808

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 03, 2021

12362 Beach Blvd Ste 10Stanton, CA 90680

(714) 248-9500

Siviq Scores

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

Liabilities / Assets

66th percentile

0.18x

Higher debt load relative to assets than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

68th percentile

0.24x

Higher debt load relative to revenue than 68% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

77th percentile

34%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

76th percentile

$115,000

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

89th percentile

64%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,483,696

Up $969,706 (+64%) from 2020

Net Assets

Up

$2,037,279

Up $625,899 (+44%) from 2020

Liabilities

Up

$446,417

Up $343,807 (+335%) from 2020

Revenue

Down

$1,864,677

Down $428,620 (-19%) from 2020

Expenses

Up

$1,238,778

Up $7,503 (+0.6%) from 2020

Net Income

Down

$625,899

Down $436,123 (-41%) from 2020

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $136,023Liabilities 2010: $120,926Net Assets 2010: $15,0972010Assets 2011: $101,711Liabilities 2011: $109,926Net Assets 2011: -$8,2152011Assets 2012: $109,312Liabilities 2012: $116,926Net Assets 2012: -$7,6142012Assets 2013: $75,409Liabilities 2013: $116,926Net Assets 2013: -$41,5172013Assets 2014: $78,585Liabilities 2014: $111,701Net Assets 2014: -$33,1162014Assets 2015: $102,302Liabilities 2015: $144,942Net Assets 2015: -$42,6402015Assets 2016: $277,595Liabilities 2016: $142,888Net Assets 2016: $134,7072016Assets 2017: $152,858Liabilities 2017: $236,406Net Assets 2017: -$83,5482017Assets 2018: $292,827Liabilities 2018: $212,949Net Assets 2018: $79,8782018Assets 2019: $377,324Liabilities 2019: $27,966Net Assets 2019: $349,3582019Assets 2020: $1,513,990Liabilities 2020: $102,610Net Assets 2020: $1,411,3802020Assets 2021: $2,483,696Liabilities 2021: $446,417Net Assets 2021: $2,037,2792021Assets 2022: $2,886,924Liabilities 2022: $740,148Net Assets 2022: $2,146,7762022Assets 2023: $3,812,957Liabilities 2023: $1,198,693Net Assets 2023: $2,614,2642023Assets 2024: $4,314,942Liabilities 2024: $1,473,471Net Assets 2024: $2,841,4712024

Highlighted filing

2021

Assets$2,483,696
Liabilities$446,417
Net Assets$2,037,279

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $80,437Expenses 2010: $65,340Net Income 2010: $15,0972010Revenue 2011: $88,471Expenses 2011: $111,783Net Income 2011: -$23,3122011Revenue 2012: $152,913Expenses 2012: $160,972Net Income 2012: -$8,0592012Revenue 2013: $134,197Expenses 2013: $168,100Net Income 2013: -$33,9032013Revenue 2014: $205,062Expenses 2014: $196,661Net Income 2014: $8,4012014Revenue 2015: $189,118Expenses 2015: $198,642Net Income 2015: -$9,5242015Revenue 2016: $403,558Expenses 2016: $413,213Net Income 2016: -$9,6552016Revenue 2017: $664,713Expenses 2017: $759,852Net Income 2017: -$95,1392017Revenue 2018: $942,061Expenses 2018: $703,325Net Income 2018: $238,7362018Revenue 2019: $1,517,031Expenses 2019: $1,247,551Net Income 2019: $269,4802019Revenue 2020: $2,293,297Expenses 2020: $1,231,275Net Income 2020: $1,062,0222020Revenue 2021: $1,864,677Expenses 2021: $1,238,778Net Income 2021: $625,8992021Revenue 2022: $1,879,794Expenses 2022: $1,770,297Net Income 2022: $109,4972022Revenue 2023: $2,518,502Expenses 2023: $2,013,082Net Income 2023: $505,4202023Revenue 2024: $2,439,610Expenses 2024: $2,212,403Net Income 2024: $227,2072024

Highlighted filing

2021

Revenue$1,864,677
Expenses$1,238,778
Net Income$625,899
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 3, 2021
Return Version
2020v4.0
Gross Receipts
$1,864,677
Mission and Program Overview

Mission

To provide medical, dental and physical care service to local community including uninsured,underprivileged and physically disabled group of people.

To provide medical, dental and physical care service to local community including unisured,underprivileged and physically disabled group of people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,273,356$1,756,865▲ $483,509
Land, Buildings, and Equipment, Net$215$232,121▲ $231,906
Accounts Receivable$175,649$222,428▲ $46,779
Prepaid Expenses and Deferred Charges$10,729--
Inventories for Sale or Use$463--
Total Assets$1,513,990$2,483,696▲ $969,706
Other Assets Total$53,578$272,282▲ $218,704
Liabilities
Other Liabilities$29,760$296,417▲ $266,657
Unsecured Notes Loans Payable$72,850$150,000▲ $77,150
Total Liabilities$102,610$446,417▲ $343,807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,411,380$2,037,279▲ $625,899
Total Net Assets Fund Balance$1,411,380$2,037,279▲ $625,899
Total Liabilities and Net Assets / Fund Balance$1,513,990$2,483,696▲ $969,706

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$170,615$51,038$221,653
Equipment$53,839$150,604$204,443
Other Land Buildings$7,667$2,224$9,891
Other Assets Org$21,710--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kyung Il ParkPresidentFT$115,000$115,000
Hyun Joo KimSecretaryFT$93,688$93,688
Revenue and Support

Revenue Composition

Contributions and Grants
$710,712
Program Service Revenue
$1,143,184
Investment Income
$10,781
Other Revenue
$0
All Other Contributions
$437,206
Change in Net Assets
$625,899
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$894,635
Other Expenses$342,643
Professional Fundraising Fees$1,500
Total Fundraising Expense$1,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$616,480--$616,480
Current Officers, Directors, Trustees, and Key Employees$208,688--$208,688
Occupancy$76,765$25,589-$102,354
Fees for Services Other$69,535$4,025-$73,560
Payroll Taxes$69,467--$69,467
Information Technology$9,917$13,986-$23,903
Office Expenses$5,094$14,783-$19,877
Insurance$16,663$1,111-$17,774
Fees for Services Accounting-$14,492-$14,492
Depreciation Depletion$14,189--$14,189
All Other Expenses$7,279$316-$7,595
Other Expenses$5,165$6,347-$5,165
Fees for Services Professional Fundraising--$1,500$1,500
Payment Travel Entrtnmnt Publicly Ofcl$559--$559
Travel-$475-$475
Total Functional Expenses$1,142,744$94,534$1,500$1,238,778
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capitation Liabilitie$296,168
Accrued Payroll & Payroll Taxes$249
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Livingstone Cdc
EIN
27-0947808
Phone
7142489500
Address
12362 BEACH BLVD STE 10, STANTON, CA 90680

Signing Officer

Name
Kyung Il Park
Title
President
Phone
7142489500
Signed
2021-03-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kyung Il Park
Formed
2009
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
47
Volunteers
5

Preparer

Firm
James Y Lee & Co Ac
Address
2855 MICHELLE STE 200, IRVINE, CA 92606-1011
Preparer
James Y Lee
Phone
7146691400
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01513990
IRS990/TotalAssetsEOYAmt02483696
IRS990/TotalAssetsGrp/BOYAmt01513990
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IRS990/TotalContributionsAmt0710712
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094534
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01142744
IRS990/TotalFunctionalExpensesGrp/TotalAmt01238778
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0102610
IRS990/TotalLiabilitiesEOYAmt0446417
IRS990/TotalLiabilitiesGrp/BOYAmt0102610
IRS990/TotalLiabilitiesGrp/EOYAmt0446417
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01411380
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02037279
IRS990/TotalProgramServiceExpensesAmt01142744
IRS990/TotalProgramServiceRevenueAmt01143184
IRS990/TotalReportableCompFromOrgAmt0208688
IRS990/TotalRevenueGrp/ExclusionAmt01143184
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt010781
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01864677
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01513990
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02483696
IRS990/TravelGrp/ManagementAndGeneralAmt0475
IRS990/TravelGrp/TotalAmt0475
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt072850
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IRS990/USAddress/CityNm0FULLERTON
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092832
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.LIVINGSTONECDC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KYUNG IL PARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07142489500
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIVINGSTONE CDC
ReturnHeader/Filer/BusinessNameControlTxt0LIVI
ReturnHeader/Filer/EIN0270947808
ReturnHeader/Filer/PhoneNum07142489500
ReturnHeader/Filer/USAddress/AddressLine1Txt012362 BEACH BLVD STE 10
ReturnHeader/Filer/USAddress/CityNm0STANTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090680
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203987295
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES Y LEE & CO AC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02855 MICHELLE STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVINE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0926061011
ReturnHeader/PreparerPersonGrp/PhoneNum07146691400
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES Y LEE
ReturnHeader/ReturnTs02022-03-30T12:02:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KYUNG-IL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PARK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.31$1.47$2.84$2.44$2.21$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.81$1.20$2.61$2.52$2.01$0.51
2022Detailed filing. Detailed filing data is available for this year.$2.89$0.74$2.15$1.88$1.77$0.11
2021Detailed filing. Detailed filing data is available for this year.$2.48$0.45$2.04$1.86$1.24$0.63
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.10$1.41$2.29$1.23$1.06
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.03$0.35$1.52$1.25$0.27
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.21$0.08$0.94$0.70$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.15$0.24$0.08$0.66$0.76$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.14$0.13$0.40$0.41$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.10$0.14$0.04$0.19$0.20$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.11$0.03$0.21$0.20$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.12$0.04$0.13$0.17$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.12$0.01$0.15$0.16$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.11$0.01$0.09$0.11$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.12$0.02$0.08$0.07$0.02