Civic Intelligence

Wishboneorg

EIN 27-3354192 • 501(c)3 • San Francisco, CA

Profile

Wishbone is commmitted to closing the nation's achievement gap by bringing quality out-of-school opportunities to at risk and low-income high school students. We believe that out-of-school time presents one of the greatest opportunities to level the playing field and give all students the chance to be on a successful life path.

850 Montgomery No 350San Francisco, CA 94133

www.wishbone.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

18th percentile

-33%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$27,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 67.4% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

3848%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $13,129 (-100%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $13,059 (-100%) from 2020

Revenue

Up

$40,030

Up $39,016 (+3848%) from 2020

Expenses

Down

$53,089

Down $8,414 (-14%) from 2020

Net Income

Up

-$13,059

Up $47,430 (+78%) from 2020

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $146,798Liabilities 2011: $4,168Net Assets 2011: $142,6302011Assets 2013: $801,608Liabilities 2013: $12,603Net Assets 2013: $789,0052013Assets 2014: $731,592Liabilities 2014: $3,819Net Assets 2014: $727,7732014Assets 2015: $1,303,471Liabilities 2015: $43,510Net Assets 2015: $1,259,9612015Assets 2016: $809,327Liabilities 2016: $27,736Net Assets 2016: $781,5912016Assets 2017: $921,723Liabilities 2017: $23,193Net Assets 2017: $898,5302017Assets 2018: $200,372Liabilities 2018: $667Net Assets 2018: $199,7052018Assets 2019: $74,932Liabilities 2019: $1,384Net Assets 2019: $73,5482019Assets 2020: $13,129Liabilities 2020: $70Net Assets 2020: $13,0592020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $70,0912011Revenue 2013: $1,010,905Expenses 2013: $287,749Net Income 2013: $723,1562013Revenue 2014: $538,410Expenses 2014: $599,642Net Income 2014: -$61,2322014Revenue 2015: $1,861,387Expenses 2015: $1,329,198Net Income 2015: $532,1892015Revenue 2016: $971,170Expenses 2016: $1,449,540Net Income 2016: -$478,3702016Revenue 2017: $1,519,096Expenses 2017: $1,402,157Net Income 2017: $116,9392017Revenue 2018: $659,979Expenses 2018: $1,310,304Net Income 2018: -$650,3252018Revenue 2019: $20,916Expenses 2019: $147,073Net Income 2019: -$126,1572019Revenue 2020: $1,014Expenses 2020: $61,503Net Income 2020: -$60,4892020Revenue 2021: $40,030Expenses 2021: $53,089Net Income 2021: -$13,0592021

Highlighted filing

2021

Revenue$40,030
Expenses$53,089
Net Income-$13,059

Filings

Latest Detailed Filing

The latest 2021 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 28, 2016
Return Version
2015v2.1
Gross Receipts
$1,861,387
Mission and Program Overview

Mission

Wishbone is committed to closing the nation's achievement gap by bringing quality out-of-school opportunities to at risk and low-income high school students. We believe that out-of-school time presents one of the greatest opportunities to level the playing field and give all students the chance to be on a successful life path.

Bringing quality out-of-school opportunities to at risk and low-income high school students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$615,056$505,283▼ $109,773
Pledges and Grants Receivable$100,000$500,000▲ $400,000
Accounts Receivable-$234,742-
Prepaid Expenses and Deferred Charges$15,470$23,839▲ $8,369
Land, Buildings, and Equipment, Net$1,066$10,911▲ $9,845
Total Assets$731,592$1,303,471▲ $571,879
Other Assets Total$0$28,696▲ $28,696
Liabilities
Accounts Payable and Accrued Expenses$3,819$43,510▲ $39,691
Total Liabilities$3,819$43,510▲ $39,691
Net Assets / Fund Balance
Temporarily Rstr Net Assets$200,000$942,742▲ $742,742
Unrestricted Net Assets$527,773$317,219▼ $210,554
Total Net Assets Fund Balance$727,773$1,259,961▲ $532,188
Total Liabilities and Net Assets / Fund Balance$731,592$1,303,471▲ $571,879

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,610$7,953$15,563
Leasehold Improvements$3,301$1,165$4,466
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth SchmidtPresident and Board MemberFT$125,000$6,345$131,345

Board Members and Trustees

NameTitle
Brendan CullenTrustee
Shanna NasiriTrustee
Wayee ChuTrustee
Michael PolanskySecretary
Doug KrebsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,813,531
Program Service Revenue
$47,856
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,813,531
Change in Net Assets
$532,189

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,861,387
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,861,387
Total Revenue per Form 990
$1,861,387
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$510,721
Grants and Similar Amounts Paid$507,929
Other Expenses$310,548
Total Fundraising Expense$35,133
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$507,929--$507,929
Other Salaries and Wages$278,673$18,967$13,555$311,195
Current Officers, Directors, Trustees, and Key Employees$111,936$7,619$5,445$125,000
Office Expenses$52,000$34,147$628$86,775
Fees for Services Accounting$11,836$56,926-$68,762
Travel$39,967$14,692$13,832$68,491
Fees for Services Other$40,304$2,632$200$43,136
Other Employee Benefits$29,706$8,599$719$39,024
Payroll Taxes$27,025$7,823$654$35,502
Fees for Services Management$4,838$23,267-$28,105
Advertising$2,645$1,327-$3,972
Insurance-$2,565-$2,565
Other Expenses$1,596$304$100$1,900
Depreciation Depletion-$1,734-$1,734
Fees for Services Legal$181$869-$1,050
Total Functional Expenses$1,112,594$181,471$35,133$1,329,198

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,329,199
Total Expenses per Audited Statements$1,329,199
Total Expenses per Form 990$1,329,199
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 A, Line 8B

The organization does not have committees.

Form 990, Part VI, Section B, Line 11

A copy of the 990 was provided to all board members for approval prior to filing.

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

The organization has a conflict of interest policy distributed to all individuals in a position of influence. All board members are requested to complete and sign annual disclosure statements.

Form 990, Part VI, Section B, Line 15

The board of directors approves compensation at all levels. The board looked to similar type organizations to determine reasonable compensation for the key employee.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wishboneorg
EIN
27-3354192
Phone
4155807294
Address
850 MONTGOMERY NO 350, SAN FRANCISCO, CA 94133

Signing Officer

Name
Beth Schmidt
Title
President
Phone
4155807294
Signed
2016-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beth Schmidt
Formed
2010
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
7
Volunteers
0

Preparer

Firm
Burr Pilger Mayer Inc
Address
2000 UNIVERSITY AVE 201, EAST PALO ALTO, CA 94303
Preparer
Carolyn R Amster
Phone
6508556800
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization's board of directors oversee the audit of the financial statements and the selection of an independent accountant. There have been no changes from prior years.

Financial Statement Notes

PART X, LINE 2:

Wishbone.org is exempt from federal income tax under internal revenue code section 501(c)(3) and from california franchise and/or income tax under the revenue and taxation code section 23701(d). The organization has adopted the accounting guidance related to uncertain tax positions, and has evaluated its tax positions and believes that all of the positions taken by the organization in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The organization returns for year or period ended december 31, 2015, 2014 and 2013, respectively, are subject to examination by federal and state taxing authorities generally for three years after they are filed.

Raw XML AppendixShowing 400 of 412 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0296035
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0217490
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03852970
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt047856
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44910
IRS990ScheduleA/PublicSupportPY170Pct00.46350
IRS990ScheduleA/PublicSupportTotal170Amt01730501
IRS990ScheduleA/SubstantialContributorsTotAmt02122469
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01813531
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0515011
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01010903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0296035
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0217490
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03852970
IRS990ScheduleA/TotalSupportAmt03852970
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt07610
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07953
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015563
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01329199
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03301
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01165
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt04466
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01861387
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WISHBONE.ORG IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM CALIFORNIA FRANCHISE AND/OR INCOME TAX UNDER THE REVENUE AND TAXATION CODE SECTION 23701(D). THE ORGANIZATION HAS ADOPTED THE ACCOUNTING GUIDANCE RELATED TO UNCERTAIN TAX POSITIONS, AND HAS EVALUATED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION RETURNS FOR YEAR OR PERIOD ENDED DECEMBER 31, 2015, 2014 AND 2013, RESPECTIVELY, ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010911
IRS990ScheduleD/TotalExpensesPerForm990Amt01329199
IRS990ScheduleD/TotalRevenuePerForm990Amt01861387
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01861387
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01329199
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0507929
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0127
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT FUNDS ARE MONITERED WITHIN THE FINANCIAL SYSTEM OR INDEPENDENTLY, DEPENDING ON GRANT TYPE AND RESTRICTIONS, IF ANY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 WAS PROVIDED TO ALL BOARD MEMBERS FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY DISTRIBUTED TO ALL INDIVIDUALS IN A POSITION OF INFLUENCE. ALL BOARD MEMBERS ARE REQUESTED TO COMPLETE AND SIGN ANNUAL DISCLOSURE STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS APPROVES COMPENSATION AT ALL LEVELS. THE BOARD LOOKED TO SIMILAR TYPE ORGANIZATIONS TO DETERMINE REASONABLE COMPENSATION FOR THE KEY EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S BOARD OF DIRECTORS OVERSEE THE AUDIT OF THE FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE HAVE BEEN NO CHANGES FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1CT
IRS990/StatesWhereCopyOfReturnIsFldCd2IL
IRS990/StatesWhereCopyOfReturnIsFldCd3MA
IRS990/StatesWhereCopyOfReturnIsFldCd4NJ
IRS990/StatesWhereCopyOfReturnIsFldCd5NY
IRS990/StatesWhereCopyOfReturnIsFldCd6CO
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0200000
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt0731592
IRS990/TotalAssetsGrp/EOYAmt01303471
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt07
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0181471
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01112594
IRS990/TotalFunctionalExpensesGrp/TotalAmt01329198
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt043510
IRS990/TotalLiabilitiesGrp/BOYAmt03819
IRS990/TotalLiabilitiesGrp/EOYAmt043510
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0727773
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0731592
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01303471
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt013832
IRS990/TravelGrp/ManagementAndGeneralAmt014692
IRS990/TravelGrp/ProgramServicesAmt039967
IRS990/TravelGrp/TotalAmt068491
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0527773
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0317219
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0850 MONTGOMERY
IRS990/USAddress/CityNm0SAN FRANCISCO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094133
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.WISHBONE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BETH SCHMIDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04155807294
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WISHBONEORG
ReturnHeader/Filer/BusinessNameControlTxt0WISH
ReturnHeader/Filer/EIN0273354192
ReturnHeader/Filer/PhoneNum04155807294
ReturnHeader/Filer/USAddress/AddressLine1Txt0850 MONTGOMERY NO 350
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094133
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263839190

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