Civic Intelligence

Thursdaynights

990 • Fiscal year 2016 • EIN 27-1770403

Jan 01, 2016 to Dec 31, 2016 • Filed on May 25, 2017

Organization ProfileN/A
2110 Main StreetSanta Monica, CA 90405

(310) 455-6913

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

52nd percentile

3.4%

Higher net margin than 52% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

3rd percentile

-68%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-8.2%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$8,118

Down $17,181 (-68%) from 2015

Net Assets

Up

$8,118

Up $6,444 (+385%) from 2015

Liabilities

Down

$0

Down $23,625 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin52nd percentile

Revenue

Down

$192,287

Down $17,154 (-8.2%) from 2015

Expenses

Down

$185,842

Down $34,188 (-16%) from 2015

Net Income

Up

$6,445

Up $17,034 (+161%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$40K$20K$0-$20KAssets 2011: $32,948Liabilities 2011: $37,000Net Assets 2011: -$4,0522011Assets 2012: $906Liabilities 2012: $1,500Net Assets 2012: -$5942012Assets 2013: $19,735Liabilities 2013: $5,896Net Assets 2013: $13,8392013Assets 2014: $13,585Liabilities 2014: $1,323Net Assets 2014: $12,2622014Assets 2015: $25,299Liabilities 2015: $23,625Net Assets 2015: $1,6742015Assets 2016: $8,118Liabilities 2016: $0Net Assets 2016: $8,1182016Assets 2017: $1,829Liabilities 2017: $105Net Assets 2017: $1,7242017Assets 2018: $21,274Liabilities 2018: $18,766Net Assets 2018: $2,5082018Assets 2019: $2,230Liabilities 2019: $0Net Assets 2019: $2,2302019Assets 2020: $7,509Liabilities 2020: $0Net Assets 2020: $7,5092020Assets 2021: $7,927Liabilities 2021: $0Net Assets 2021: $7,9272021Assets 2022: $8,448Liabilities 2022: $6,225Net Assets 2022: $2,2232022Assets 2023: $8,652Liabilities 2023: $10,444Net Assets 2023: -$1,7922023Assets 2024: $6,971Liabilities 2024: $59Net Assets 2024: $6,9122024

Highlighted filing

2016

Assets$8,118
Liabilities$0
Net Assets$8,118
Open 2016 Filing

Operations Trend

Revenue Growth31st percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $170,137Expenses 2011: $174,753Net Income 2011: -$4,6162011Expenses 2012: $218,0882012Revenue 2013: $273,379Expenses 2013: $258,946Net Income 2013: $14,4332013Revenue 2014: $262,137Expenses 2014: $263,715Net Income 2014: -$1,5782014Revenue 2015: $209,441Expenses 2015: $220,030Net Income 2015: -$10,5892015Revenue 2016: $192,287Expenses 2016: $185,842Net Income 2016: $6,4452016Revenue 2017: $40,089Expenses 2017: $42,108Net Income 2017: -$2,0192017Revenue 2018: $53,885Expenses 2018: $52,882Net Income 2018: $1,0032018Revenue 2019: $49,771Expenses 2019: $50,050Net Income 2019: -$2792019Revenue 2020: $13,000Expenses 2020: $7,721Net Income 2020: $5,2792020Revenue 2021: $28,250Expenses 2021: $27,832Net Income 2021: $4182021Revenue 2022: $48,345Expenses 2022: $54,049Net Income 2022: -$5,7042022Revenue 2023: $299,021Expenses 2023: $303,036Net Income 2023: -$4,0152023Revenue 2024: $455,105Expenses 2024: $446,401Net Income 2024: $8,7042024

Highlighted filing

2016

Revenue$192,287
Expenses$185,842
Net Income$6,445
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 25, 2017
Return Version
2016v3.0
Gross Receipts
$192,287
Mission and Program Overview

Mission

BUSINESS LEAGUE

BUSINESS LEAGUE The primary mission of ThursdayNights ("TN") is to foster the growth of the technology and digital media industries in the greater Los Angeles area (the Technology Community) and to give back to the community in which its members work and live.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,674$8,118▲ $6,444
Accounts Receivable$4,900$4,375▼ $525
Cash and Non-Interest-Bearing Accounts$20,399$3,743▼ $16,656
Total Assets$25,299$8,118▼ $17,181
Liabilities
Accounts Payable and Accrued Expenses$23,625--
Total Liabilities$23,625$0▼ $23,625
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,674$8,118▲ $6,444
Total Liabilities and Net Assets / Fund Balance$25,299$8,118▼ $17,181
Compensation and Service Providers
Top Officer Pay69th percentile

Board Members and Trustees

NameTitle
David YoungDirector
Jim JonassenDirector
Jordon PosellDirector
Mike MirelDirector
Vince ThompsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$192,287
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$64,860
Grants and Similar Amounts Paid$39,416
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$81,566
Fees for Services Management---$54,750
Grants to Domestic Orgs---$39,416
All Other Expenses-$5,723-$5,723
Insurance---$1,975
Advertising---$1,834
Fees for Services Accounting---$578
Total Functional Expenses$0$5,723$0$185,842
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Filing and Contact Details

Filer

Filer Name
Thursdaynights
EIN
27-1770403
Phone
3104556913
Address
2110 Main Street, SANTA MONICA, CA 90405

Signing Officer

Name
Jim Jonassen
Title
President
Phone
3104556913
Signed
2017-05-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Jonassen
Formed
2010
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Marc J Gedeon Accountancy Corp
Address
400 Continental Blvd 6th Floor, El Segundo, CA 90245
Preparer
Marc J Gedeon CPA
Phone
8884737967
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“DIRECTORS REVIEWED 990”

Pt VI, Line 19

“DOCUMENTS NOT APPLICABLE”

Form 990, Part IX, Line 24E

“Bank service charges 3291. 3291.”

Form 990, Part IX, Line 24E

“Computer and internet exp 237. 237.”

Form 990, Part IX, Line 24E

“Dues and subscriptions 420. 420.”

Form 990, Part IX, Line 24E

“Meals and entertainment 1592. 1592.”

Form 990, Part IX, Line 24E

“Office supplies 173. 173.”

Form 990, Part IX, Line 24E

“PARKING 0. 0.”

Form 990, Part IX, Line 24E

“Repairs and maintenance 0. 0.”

Form 990, Part IX, Line 24E

“TAX AND LICENCE 10. 10.”

Form 990, Part IX, Line 24E

“TRAVEL EXPENSE 0. 0.”

Raw XML Appendix270 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK SERVICE CHARGES 3291. 3291.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPUTER AND INTERNET EXP 237. 237.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUES AND SUBSCRIPTIONS 420. 420.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS AND ENTERTAINMENT 1592. 1592.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE SUPPLIES 173. 173.
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ReturnHeader/FilingSecurityInformation/IPTm014:29:28
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 Continental Blvd 6th Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0El Segundo
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC J GEDEON CPA
ReturnHeader/ReturnTs02017-05-26T14:29:44-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,118
Liabilities
$0
Net assets
$8,118
Revenue
$192,287
Expenses
$185,842
Net income
$6,445
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$4.55$4.46$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.10$0.02$2.99$3.03$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.06$0.02$0.48$0.54$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.28$0.28$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.13$0.08$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.50$0.50$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.19$0.03$0.54$0.53$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.40$0.42$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$1.92$1.86$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.24$0.02$2.09$2.20$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.12$2.62$2.64$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.06$0.14$2.73$2.59$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.02$0.01$2.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.37$0.04$1.70$1.75$0.05