Civic Intelligence

Excellence in Investing for Childrens Causes

EIN 27-2015422 • 501(c)3 • San Francisco, CA

Profile

The proceeds raised by the conference are donated to education and other children's causes. The conference was inspired by and is patterned after the Ira Sohn Investment Research Conference.

3053 Fillmore St 115San Francisco, CA 94123

www.excellencesf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.05x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

41st percentile

0.00x

Higher debt load relative to revenue than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

37th percentile

-1.2%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

23rd percentile

-8.5%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

20%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$44,044

Down $4,099 (-8.5%) from 2023

Liabilities

Up

$2,122

Up $2,122 from 2023

Net Assets

Down

$41,922

Down $6,221 (-13%) from 2023

Revenue

Up

$523,820

Up $85,810 (+20%) from 2023

Expenses

Up

$530,041

Up $28,103 (+5.6%) from 2023

Net Income

Up

-$6,221

Up $57,707 (+90%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100K-$200KAssets 2012: $133,433Liabilities 2012: $261,565Net Assets 2012: -$128,1322012Assets 2013: $108,560Liabilities 2013: $205,995Net Assets 2013: -$97,4352013Assets 2014: $96,864Liabilities 2014: $110,900Net Assets 2014: -$14,0362014Assets 2015: $108,104Liabilities 2015: $93,350Net Assets 2015: $14,7542015Assets 2016: $81,930Liabilities 2016: $54,752Net Assets 2016: $27,1782016Assets 2017: $33,979Liabilities 2017: $638Net Assets 2017: $33,3412017Assets 2018: $99,337Liabilities 2018: $59,845Net Assets 2018: $39,4922018Assets 2019: $41,612Liabilities 2019: $9,973Net Assets 2019: $31,6392019Assets 2020: $61,802Liabilities 2020: $607Net Assets 2020: $61,1952020Assets 2021: $65,126Liabilities 2021: $58Net Assets 2021: $65,0682021Assets 2022: $112,071Liabilities 2022: $0Net Assets 2022: $112,0712022Assets 2023: $48,143Liabilities 2023: $0Net Assets 2023: $48,1432023Assets 2024: $44,044Liabilities 2024: $2,122Net Assets 2024: $41,9222024

Highlighted filing

2024

Assets$44,044
Liabilities$2,122
Net Assets$41,922

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2012: $285,3692012Revenue 2013: $355,733Expenses 2013: $325,036Net Income 2013: $30,6972013Revenue 2014: $366,867Expenses 2014: $283,468Net Income 2014: $83,3992014Revenue 2015: $354,502Expenses 2015: $325,712Net Income 2015: $28,7902015Revenue 2016: $321,900Expenses 2016: $309,476Net Income 2016: $12,4242016Revenue 2017: $297,150Expenses 2017: $290,987Net Income 2017: $6,1632017Revenue 2018: $335,175Expenses 2018: $329,024Net Income 2018: $6,1512018Revenue 2019: $338,999Expenses 2019: $346,852Net Income 2019: -$7,8532019Revenue 2020: $219,470Expenses 2020: $189,914Net Income 2020: $29,5562020Revenue 2021: $236,200Expenses 2021: $232,327Net Income 2021: $3,8732021Revenue 2022: $228,352Expenses 2022: $181,349Net Income 2022: $47,0032022Revenue 2023: $438,010Expenses 2023: $501,938Net Income 2023: -$63,9282023Revenue 2024: $523,820Expenses 2024: $530,041Net Income 2024: -$6,2212024

Highlighted filing

2024

Revenue$523,820
Expenses$530,041
Net Income-$6,221

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 30, 2025
Return Version
2024v5.1
Gross Receipts
$523,820
Mission and Program Overview

Mission

The conference brings together some of the world's top investors and other prominent thinkers to share their investment ideas and insights. The conference was inspired by and is patterned after the Ira Sohn Investment Research Conference.

Excellence in Investing for Childrens Causes, Inc. organizes the Sohn Conference San Francisco, an annual investment conference benefiting Bay Area and national organizations involved in education and other childrens causes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$48,143$39,544▼ $8,599
Prepaid Expenses and Deferred Charges-$4,500-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$48,143$44,044▼ $4,099
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$2,122-
Total Liabilities$0$2,122▲ $2,122
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$48,143$41,922▼ $6,221
Total Net Assets Fund Balance$48,143$41,922▼ $6,221
Total Liabilities and Net Assets / Fund Balance$48,143$44,044▼ $4,099
Compensation and Service Providers

Board Members and Trustees

NameTitle
Seth BlackmanPresident
Alice KennonDirector
Lindsay CostiganDirector
Jim FrolikSecretary
Peter LardnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$523,603
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$217
All Other Contributions
$523,603
Change in Net Assets
$-6,221

Audited Revenue Reconciliation

Revenue per Audited Statements
$523,820
Total Revenue per Audited Statements
$523,820
Total Revenue per Form 990
$523,820
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$275,000
Other Expenses$255,041
Total Fundraising Expense$204
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$275,000--$275,000
Fees for Services Lobbying-$25,870-$25,870
Office Expenses-$4,631$97$4,728
Other Expenses$218,945$651-$651
Insurance-$280-$280
Information Technology$107-$107$214
Total Functional Expenses$494,052$35,785$204$530,041

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$530,041
Total Expenses per Audited Statements$530,041
Total Expenses per Form 990$530,041
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
EatLearnPlay FoundationOakland, CA501(c)(3)children's nutrition and activity$75,000
SmartSan Francisco, CA501(c)(3)Equal opportunity in education$75,000
The Posse FoundationNew York, NY501(c)(3)University Education$75,000
Ira Sohn Conference FdtnNew York, NY501(c)(3)pediatric cancer/childhood diseases$50,000
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Line 11B

Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures.

Form 990, Part VI, Section B, Line 15A

The Organization has no paid employees. All of the activities are carried out by an all-volunteer board of directors and other individuals who contribute their time and talents.

Form 990, Part VI, Section B, Line 15B

The Organization has no paid employees. All of the activities are carried out by an all-volunteer board of directors and other individuals who contribute their time and talents.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.

Filing and Contact Details

Filer

Filer Name
Excellence in Investing
EIN
27-2015422
Phone
4152467567
Address
3053 Fillmore St 115, San Francisco, CA 94123

Signing Officer

Name
Peter Lardner
Title
Treasurer
Phone
4158347962
Signed
2025-05-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Lardner
Formed
2010
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
20

Preparer

Firm
Regalia Berger & Berger Cpas
Address
103 TOWN COUNTRY DR STE K, DANVILLE, CA 94526
Preparer
Valerie Regalia
Phone
9253140390
Supplemental Narrative

Additional Explanations

Amended Explanation

Subsequent to filing the original return, management noted that accounting fees were incorrectly reflected as lobbying expenses. In order to correct the classification of accounting fees, this Amended return has been prepared. The only change was the reclassification of lobbying expenses to accounting expenses on Form 990 Part IX. There were no other changes to any revenue, asset, liability, or net asset accounts.

Financial Statement Notes

Part X : FIN48 Footnote

Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes, Income Taxes. Under ASC 740, EICC is required to report information regarding its exposure to various tax positions taken by EICC and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that EICC has adequately evaluated its current tax positions and has concluded that as of December 31, 2024 EICC does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.EICC has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that EICC continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. EICC may periodically receive unrelated business income requiring EICC to file separate tax returns under federal and state statutes. Under such conditions, EICC calculates and accrues the applicable taxes payable.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes, Income Taxes. Under ASC 740, EICC is required to report information regarding its exposure to various tax positions taken by EICC and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that EICC has adequately evaluated its current tax positions and has concluded that as of December 31, 2024 EICC does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.EICC has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. This exemption is subject to periodic review by the federal and state taxing authorities and management is confident that EICC continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. EICC may periodically receive unrelated business income requiring EICC to file separate tax returns under federal and state statutes. Under such conditions, EICC calculates and accrues the applicable taxes payable.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0children's nutrition and activity
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1pediatric cancer/childhood diseases
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Equal opportunity in education
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3University Education
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0EatLearnPlay Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Ira Sohn Conference Fdtn
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SMART
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3The Posse Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0831373602
IRS990ScheduleI/RecipientTable/RecipientEIN1204694054
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IRS990ScheduleI/RecipientTable/RecipientEIN3133840394
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0647 4th St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt121 West 38th Street 5th Floor
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22101 Mission St Ste 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt314 Wall Street Ste 8A-60
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Oakland
IRS990ScheduleI/RecipientTable/USAddress/CityNm1New York
IRS990ScheduleI/RecipientTable/USAddress/CityNm2San Francisco
IRS990ScheduleI/RecipientTable/USAddress/CityNm3New York
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Excellence in Investing for Children's Causes requires ongoing feedback in the form of written reports in order to monitor the progress of each funded grant.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization has no paid employees. All of the activities are carried out by an all-volunteer board of directors and other individuals who contribute their time and talents.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Organization has no paid employees. All of the activities are carried out by an all-volunteer board of directors and other individuals who contribute their time and talents.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Subsequent to filing the original return, management noted that accounting fees were incorrectly reflected as lobbying expenses. In order to correct the classification of accounting fees, this Amended return has been prepared. The only change was the reclassification of lobbying expenses to accounting expenses on Form 990 Part IX. There were no other changes to any revenue, asset, liability, or net asset accounts.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Amended Explanation
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ReturnHeader/BuildTS02025-03-06 01:10:19Z

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