Civic Intelligence

George Lopez Foundation

990 • Fiscal year 2022 • EIN 27-1434363

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 25, 2023

21731 Ventura Blvd Ste 300Woodland Hills, CA 91364

(818) 986-9095

Siviq Scores

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

Liabilities / Assets

27th percentile

0.01x

Higher debt load relative to assets than 27% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

23rd percentile

0.01x

Higher debt load relative to revenue than 23% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

81st percentile

33%

Higher net margin than 81% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$156,768

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

85th percentile

39%

Faster asset growth than 85% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

71st percentile

26%

Faster revenue growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$910,759

Up $253,186 (+39%) from 2021

Net Assets

Up

$905,689

Up $277,942 (+44%) from 2021

Liabilities

Down

$5,070

Down $24,756 (-83%) from 2021

Revenue

Up

$846,603

Up $173,449 (+26%) from 2021

Expenses

Up

$568,661

Up $114,317 (+25%) from 2021

Net Income

Up

$277,942

Up $59,132 (+27%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $58,132Liabilities 2013: $891Net Assets 2013: $57,2412013Assets 2014: $95,060Liabilities 2014: $0Net Assets 2014: $95,0602014Assets 2016: $98,839Liabilities 2016: $4,019Net Assets 2016: $94,8202016Assets 2017: $99,910Liabilities 2017: $4,405Net Assets 2017: $95,5052017Assets 2018: $151,400Liabilities 2018: $4,204Net Assets 2018: $147,1962018Assets 2019: $323,415Liabilities 2019: $5,828Net Assets 2019: $317,5872019Assets 2020: $444,079Liabilities 2020: $35,142Net Assets 2020: $408,9372020Assets 2021: $657,573Liabilities 2021: $29,826Net Assets 2021: $627,7472021Assets 2022: $910,759Liabilities 2022: $5,070Net Assets 2022: $905,6892022Assets 2023: $906,747Liabilities 2023: $0Net Assets 2023: $906,7472023Assets 2024: $641,186Liabilities 2024: $9,343Net Assets 2024: $631,8432024

Highlighted filing

2022

Assets$910,759
Liabilities$5,070
Net Assets$905,689

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $375,501Expenses 2013: $364,468Net Income 2013: $11,0332013Revenue 2014: $506,599Expenses 2014: $468,780Net Income 2014: $37,8192014Revenue 2016: $538,158Expenses 2016: $556,876Net Income 2016: -$18,7182016Revenue 2017: $590,397Expenses 2017: $589,712Net Income 2017: $6852017Revenue 2018: $641,016Expenses 2018: $589,325Net Income 2018: $51,6912018Revenue 2019: $678,318Expenses 2019: $507,927Net Income 2019: $170,3912019Revenue 2020: $469,336Expenses 2020: $377,986Net Income 2020: $91,3502020Revenue 2021: $673,154Expenses 2021: $454,344Net Income 2021: $218,8102021Revenue 2022: $846,603Expenses 2022: $568,661Net Income 2022: $277,9422022Revenue 2023: $607,106Expenses 2023: $606,048Net Income 2023: $1,0582023Revenue 2024: $288,848Expenses 2024: $563,752Net Income 2024: -$274,9042024

Highlighted filing

2022

Revenue$846,603
Expenses$568,661
Net Income$277,942
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 25, 2023
Return Version
2022v5.0
Gross Receipts
$1,416,656
Mission and Program Overview

Mission

Our mission is to create positive, permanent change for underprivileged children, adults and military families confronting challenges in education and health, as well as increasing community awareness about kidney disease and organ donation.

SEE PAGE 2

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$653,239$907,188▲ $253,949
Land, Buildings, and Equipment, Net$2,334$1,571▼ $763
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$657,573$910,759▲ $253,186
Other Assets Total$2,000$2,000→ $0
Liabilities
Unsecured Notes Loans Payable$26,120$0▼ $26,120
Accounts Payable and Accrued Expenses$3,706$5,070▲ $1,364
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$29,826$5,070▼ $24,756
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$627,747$905,689▲ $277,942
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$627,747$905,689▲ $277,942
Total Liabilities and Net Assets / Fund Balance$657,573$910,759▲ $253,186

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,104$19,329$20,433
Other Land Buildings$467$5,120$5,587
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Linda SmallExecutive Director/secretaryFT$156,768$156,768

Board Members and Trustees

NameTitle
George LopezPresident
Larry KohlDirector
Laura LaroccaDirector
Nick NuciforoDirector
Stacey KohlDirector
Dr Lilly BarbaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,291,535
Program Service Revenue
$0
Investment Income
$11
Other Revenue
$-444,943
All Other Contributions
$229,648
Change in Net Assets
$277,942

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table116$144,535Fair Market Value (FMV)
Total Noncash Contributions116$144,535-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$220,227
Other Expenses$218,912
Grants and Similar Amounts Paid$129,522
Total Fundraising Expense$21,748
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$101,899$47,031$7,838$156,768
Grants to Domestic Orgs$72,574--$72,574
Grants to Domestic Individuals$56,948--$56,948
Office Expenses$35,986$16,608$2,768$55,362
Fees for Services Management$26,657$12,303$2,051$41,011
Advertising$22,154$10,225$1,704$34,083
Other Salaries and Wages$20,936$9,663$1,611$32,210
Travel$20,261$9,351$1,559$31,171
Fees for Services Other$19,968$9,216$1,536$30,720
Other Employee Benefits$11,063$5,106$851$17,020
Information Technology$9,526$4,397$733$14,656
Payroll Taxes$9,249$4,269$711$14,229
Insurance$4,525$2,088$348$6,961
Fees for Services Accounting-$4,185-$4,185
Depreciation Depletion$496$229$38$763
Total Functional Expenses$412,242$134,671$21,748$568,661
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Andy Vargas FoundationIrvine, CA501(c)(3)Program Support$25,000
San Fernando ElementarySan Fernando, CA501(c)(3)Holiday Toy Drive$5,876
The Painted TurtleLake Hughes, CA501(c)(3)Program Support-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$570,053
Fundraising Gross Income$125,110
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
golf fundraiser$1,160,877$125,110$174,857$-49,747
Total Events$1,160,877$125,110$570,053$-444,943
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 Part VI Section B Policies Line 11B

Describe the process used by the organization to review the form 990: all board members review the form 990, questions are answered and the board votes to file the form 990 with the internal revenue serivce.

Form 990 Part VI Section B Policies Line 12C

Describe how the organization annually monitors compliance with their conflict of interest policy: all board members sign a conflict of interest and annually will review the conflict of interest by completing a questionaire.

Form 990 Part VI Section B Policies Line 15B

Describe the compensation of the executive director: the organization uses guide star to survey salaries for executive directors in comparable size organizations. The board reviews the various salaries and makes a determination as to the level of salary for the executive director on an annual basis.

Form 990 Part VI Section A Governing Body and Management Line 2

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? Stacey kohl and larry kohl (both directors) are related by marriage.

Filing and Contact Details

Filer

Filer Name
George Lopez Foundation
EIN
27-1434363
In Care Of
% LINDA SMALL
Phone
8189869095
Address
21731 VENTURA BLVD STE 300, WOODLAND HILLS, CA 91364

Signing Officer

Name
Linda Small
Title
executive director
Phone
8189869095
Signed
2023-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Small
Formed
2009
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
15

Preparer

Firm
Frith-smith & Archibald Llp
Address
6355 TOPANGA CANYON BLVDSTE 400, WOODLAND HILLS, CA 91367
Preparer
Mary Archibald CPA
Phone
8187741500
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IRS990/MissionDesc0OUR MISSION IS TO CREATE POSITIVE, PERMANENT CHANGE FOR UNDERPRIVILEGED CHILDREN, ADULTS AND MILITARY FAMILIES CONFRONTING CHALLENGES IN EDUCATION AND HEALTH, AS WELL AS INCREASING COMMUNITY AWARENESS ABOUT KIDNEY DISEASE AND ORGAN DONATION.
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IRS990/ProgSrvcAccomActy2Grp/Desc0The San Fernando Valley Children's elementary school drive. Provided over 585 Target gift cards for needy children and family for the holiday season.
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