Civic Intelligence

Livingstone Community Development Corporation

990 • Fiscal year 2017 • EIN 27-0947808

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 26, 2018

12362 Beach BlvdStanton, CA 92680

(714) 248-9500

Siviq Scores

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

Liabilities / Assets

97th percentile

1.55x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

81st percentile

0.36x

Higher debt load relative to revenue than 81% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

72nd percentile

$61,250

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

3rd percentile

-45%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

65%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$152,858

Down $124,737 (-45%) from 2016

Net Assets

Down

-$83,548

Down $218,255 (-162%) from 2016

Liabilities

Up

$236,406

Up $93,518 (+65%) from 2016

Revenue

Up

$664,713

Up $261,155 (+65%) from 2016

Expenses

Up

$759,852

Up $346,639 (+84%) from 2016

Net Income

Down

-$95,139

Down $85,484 (-885%) from 2016

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

2017

Assets$152,858
Liabilities$236,406
Net Assets-$83,548

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

2017

Revenue$664,713
Expenses$759,852
Net Income-$95,139
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 26, 2018
Return Version
2016v3.0
Gross Receipts
$670,246
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 physcial care services to local community including uninsured, underprivileged, and physically disabled group of peoples.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$139,435$141,839▲ $2,404
Cash and Non-Interest-Bearing Accounts$193,697$79,287▼ $114,410
Accounts Receivable$39,077$35,163▼ $3,914
Land, Buildings, and Equipment, Net$33,414$27,000▼ $6,414
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$277,595$152,858▼ $124,737
Other Assets Total$11,407$11,408▲ $1
Liabilities
Other Liabilities$3,453$71,636▲ $68,183
Accounts Payable and Accrued Expenses-$22,931-
Total Liabilities$142,888$236,406▲ $93,518
Net Assets / Fund Balance
Temporarily Rstr Net Assets$187,002$92,668▼ $94,334
Unrestricted Net Assets$-52,295$-176,216▼ $123,921
Total Net Assets Fund Balance$134,707$-83,548▼ $218,255
Total Liabilities and Net Assets / Fund Balance$277,595$152,858▼ $124,737

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,763$132,323$140,086
Leasehold Improvements$19,237$24,898$44,135
Other Land Buildings-$1,682$1,682
Other Assets Org$1--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Kyung-Il ParkPresidentFT$61,250$61,250
Mike ChoiTreasurer-$4,669$4,669

Board Members and Trustees

NameTitle
Mike ChoiSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$221,725
Program Service Revenue
$437,036
Investment Income
$0
Other Revenue
$5,952
All Other Contributions
$221,725
Change in Net Assets
$-95,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$533,485
Salaries, Compensation, and Employee Benefits$226,367
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,040$34,347-$137,387
Occupancy$54,985$18,328-$73,313
Current Officers, Directors, Trustees, and Key Employees$49,443$16,481-$65,924
All Other Expenses$28,804$11,045-$39,849
Payroll Taxes$10,209$3,403-$13,612
Insurance$8,926$2,975-$11,901
Other Employee Benefits$7,083$2,361-$9,444
Depreciation Depletion$5,580$1,860-$7,440
Other Expenses$6,814--$6,814
Office Expenses-$5,252-$5,252
Interest-$2,403-$2,403
Fees for Services Accounting-$1,200-$1,200
Travel-$602-$602
Total Functional Expenses$659,595$100,257$0$759,852
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,485
Fundraising Direct Expenses$5,533
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$139,435$141,839▲ $2,404
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Wages$69,799
Accrued Payroll Tax$1,837
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Livingstone Community Development
EIN
27-0947808
Phone
7142489500
Address
12362 Beach Blvd, Stanton, CA 92680

Signing Officer

Name
Mike Choi
Title
CFO
Signed
2018-09-26
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
13
Volunteers
5

Preparer

Firm
Tax and Finance Solutions LLC
Address
960 W 17th St STE D, Santa Ana, CA 92706
Preparer
Mike Choi
Phone
9494394100
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Decrease in Temporary Restricted Funds = -$123116

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0299385
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0113175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0205063
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0146641
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0985348
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02734
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02734
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02734
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02734
IRS990ScheduleA/InvestmentIncomeCYPct00.00280
IRS990ScheduleA/InvestmentIncomePYPct00.00300
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99720
IRS990ScheduleA/PublicSupportPY509Pct00.99700
IRS990ScheduleA/PublicSupportTotal509Amt0985348
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0221084
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0299385
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0113175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0205063
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0146641
IRS990ScheduleA/Total509Grp/TotalAmt0985348
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0221084
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0302119
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0113175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0205063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0146641
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0988082
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt07763
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132323
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0140086
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019237
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024898
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt044135
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11407
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposit - Rent
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposit - Utility
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Rounding
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01682
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01837
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt169799
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Payroll Tax
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Wages
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011408
IRS990ScheduleD/TotalLiabilityAmt071636
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Decrease in Temporary Restricted Funds = -$123116
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0187002
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt092668
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0277595
IRS990/TotalAssetsEOYAmt0152858
IRS990/TotalAssetsGrp/BOYAmt0277595
IRS990/TotalAssetsGrp/EOYAmt0152858
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0221725
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0100257
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0659595
IRS990/TotalFunctionalExpensesGrp/TotalAmt0759852
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0142888
IRS990/TotalLiabilitiesEOYAmt0236406
IRS990/TotalLiabilitiesGrp/BOYAmt0142888
IRS990/TotalLiabilitiesGrp/EOYAmt0236406
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0134707
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-83548
IRS990/TotalOtherCompensationAmt065919
IRS990/TotalProgramServiceExpensesAmt0659595
IRS990/TotalProgramServiceRevenueAmt0437036
IRS990/TotalRevenueGrp/ExclusionAmt05952
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0437036
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0664713
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0277595
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0152858
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt0602
IRS990/TravelGrp/TotalAmt0602
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-52295
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-176216
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0www.livingstonecdc.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mike Choi
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Livingstone Community Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Corporation
ReturnHeader/Filer/BusinessNameControlTxt0LIVI
ReturnHeader/Filer/EIN0270947808
ReturnHeader/Filer/PhoneNum07142489500
ReturnHeader/Filer/USAddress/AddressLine1Txt012362 Beach Blvd
ReturnHeader/Filer/USAddress/CityNm0Stanton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092680
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TAX AND FINANCE SOLUTIONS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0960 W 17th St STE D

Document Assets

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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