Civic Intelligence

Center for Financial Capability Inc

990 • Fiscal year 2015 • EIN 27-3406242

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 19, 2016

PO Box 218Palo Alto, CA 94302

(650) 218-8408

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

97th percentile

81%

Higher net margin than 97% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$1,088,125

No earlier filing loaded for comparison.

Net Assets

$1,088,125

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$1,300,000

No earlier filing loaded for comparison.

Expenses

$246,277

No earlier filing loaded for comparison.

Net Income

$1,053,723

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $1,088,125Liabilities 2015: $0Net Assets 2015: $1,088,1252015Assets 2016: $1,787,787Liabilities 2016: $0Net Assets 2016: $1,787,7872016Assets 2017: $1,311,366Liabilities 2017: $14,454Net Assets 2017: $1,296,9122017Assets 2018: $304,447Liabilities 2018: $14,454Net Assets 2018: $289,9932018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2015

Assets$1,088,125
Liabilities$0
Net Assets$1,088,125

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2015: $1,300,000Expenses 2015: $246,277Net Income 2015: $1,053,7232015Revenue 2016: $1,000,000Expenses 2016: $300,338Net Income 2016: $699,6622016Revenue 2017: $350,000Expenses 2017: $840,875Net Income 2017: -$490,8752017Revenue 2018: $1,825,000Expenses 2018: $2,831,919Net Income 2018: -$1,006,9192018Revenue 2019: $0Expenses 2019: $261,600Net Income 2019: -$261,6002019

Highlighted filing

2015

Revenue$1,300,000
Expenses$246,277
Net Income$1,053,723
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 19, 2016
Return Version
2015v2.1
Gross Receipts
$1,300,000
Mission and Program Overview

Mission

To provide a free personal finance education to young people throughout the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$34,402$1,088,125▲ $1,053,723
Total Assets$34,402$1,088,125▲ $1,053,723
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$34,402$1,088,125▲ $1,053,723
Total Net Assets Fund Balance$34,402$1,088,125▲ $1,053,723
Total Liabilities and Net Assets / Fund Balance$34,402$1,088,125▲ $1,053,723
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tim RanzettaOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,300,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,300,000
Change in Net Assets
$1,053,723
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$203,748
Other Expenses$42,529
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$168,432--$168,432
Fees for Services Other$1,950$13,997-$15,947
Payroll Taxes$14,688--$14,688
Other Employee Benefits-$11,617-$11,617
Occupancy-$10,833-$10,833
Pension Plan Contributions-$9,011-$9,011
Conferences and Meetings$3,647$3,648-$7,295
Fees for Services Accounting-$6,325-$6,325
Insurance-$2,129-$2,129
Total Functional Expenses$188,717$57,560$0$246,277
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Review is conducted accordingly when required.

Form 990, Page 6, Part VI, Line 19

Line 19, document is available upon request

Filing and Contact Details

Filer

Filer Name
Center for Financial Capability
EIN
27-3406242
Phone
6502188408
Address
PO BOX 218, PALO ALTO, CA 94302

Signing Officer

Name
Tim Ranzetta
Title
Officer
Phone
6502188408
Signed
2016-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Ranzetta
Formed
2010
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
0
Employees
2

Preparer

Firm
Hock Company
Address
711 COLORADO AVENUE, PALO ALTO, CA 94303
Preparer
Gregory O Hock CPA
Phone
6506170415
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Professional development for personal finance educators including webinars, newsletters, podcasts and small group professional learning communities.

Raw XML Appendix238 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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Filings