Civic Intelligence

Thursdaynights

990 • Fiscal year 2017 • EIN 27-1770403

Jan 01, 2017 to Dec 31, 2017 • Filed on May 24, 2018

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

68th percentile

0.06x

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

0.00x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

30th percentile

-5.0%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

2nd percentile

-77%

Faster asset growth than 2% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-79%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$1,829

Down $6,289 (-77%) from 2016

Net Assets

Down

$1,724

Down $6,394 (-79%) from 2016

Liabilities

Up

$105

Up $105 from 2016

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin30th percentile

Revenue

Down

$40,089

Down $152,198 (-79%) from 2016

Expenses

Down

$42,108

Down $143,734 (-77%) from 2016

Net Income

Down

-$2,019

Down $8,464 (-131%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth2nd 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

2017

Assets$1,829
Liabilities$105
Net Assets$1,724
Open 2017 Filing

Operations Trend

Revenue Growth2nd 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

2017

Revenue$40,089
Expenses$42,108
Net Income-$2,019
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 24, 2018
Return Version
2017v2.2
Gross Receipts
$40,089
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

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$4,375$1,746▼ $2,629
Rtn Earn Endowment Incm Other Fnds$8,118$1,724▼ $6,394
Cash and Non-Interest-Bearing Accounts$3,743$83▼ $3,660
Total Assets$8,118$1,829▼ $6,289
Liabilities
Accounts Payable and Accrued Expenses-$105-
Total Liabilities$0$105▲ $105
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,118$1,724▼ $6,394
Total Liabilities and Net Assets / Fund Balance$8,118$1,829▼ $6,289
Compensation and Service Providers
Top Officer Pay70th percentile

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$40,089
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,358
Grants and Similar Amounts Paid$3,020
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$33,730
All Other Expenses-$4,727-$4,727
Grants to Domestic Orgs---$3,020
Fees for Services Accounting---$631
Total Functional Expenses$0$4,727$0$42,108
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
2018-05-24
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 3290. 3290.”

Form 990, Part IX, Line 24E

“Dues and subscriptions 420. 420.”

Form 990, Part IX, Line 24E

“Meals and entertainment 999. 999.”

Form 990, Part IX, Line 24E

“OFFICE SUPPLIES 8. 8.”

Form 990, Part IX, Line 24E

“TAX AND LICENCE 10. 10.”

Raw XML Appendix257 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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IRS990/MissionDesc0BUSINESS LEAGUE
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DIRECTORS REVIEWED 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK SERVICE CHARGES 3290. 3290.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUES AND SUBSCRIPTIONS 420. 420.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEALS AND ENTERTAINMENT 999. 999.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OFFICE SUPPLIES 8. 8.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TAX AND LICENCE 10. 10.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
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ReturnHeader/BusinessOfficerGrp/PhoneNum03104556913
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ReturnHeader/FilingSecurityInformation/IPTm015:19:44
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0400 Continental Blvd 6th Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0El Segundo
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC J GEDEON CPA
ReturnHeader/ReturnTs02018-05-25T15:19:44-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,829
Liabilities
$105
Net assets
$1,724
Revenue
$40,089
Expenses
$42,108
Net income
-$2,019
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