Civic Intelligence

587 Ministries Inc.

990 • Fiscal year 2015 • EIN 27-3599488

Jan 01, 2015 to Dec 31, 2015 • Filed on May 11, 2016

Organization ProfileN/A
2670 Lambert DrPasadena, CA 91107

(626) 683-7501

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

82nd percentile

44%

Faster asset growth than 82% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

85th percentile

48%

Faster revenue growth than 85% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$169,640

Up $51,810 (+44%) from 2014

Net Assets

Up

$169,640

Up $51,810 (+44%) from 2014

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin93rd percentile

Revenue

Up

$286,219

Up $92,937 (+48%) from 2014

Expenses

Down

$120,968

Down $58,667 (-33%) from 2014

Net Income

Up

$165,251

Up $151,604 (+1111%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$800K$600K$400K$200K$0-$200KAssets 2011: $51,323Net Assets 2011: $51,3232011Assets 2012: $115,884Net Assets 2012: $115,8842012Assets 2013: $104,183Net Assets 2013: $104,1832013Assets 2014: $117,830Net Assets 2014: $117,8302014Assets 2015: $169,640Liabilities 2015: $0Net Assets 2015: $169,6402015Assets 2016: $178,669Liabilities 2016: $0Net Assets 2016: $178,6692016Assets 2017: $194,266Liabilities 2017: $0Net Assets 2017: $194,2662017Assets 2018: $593,865Liabilities 2018: $596Net Assets 2018: $593,2692018Assets 2019: $546,904Liabilities 2019: $0Net Assets 2019: $546,9042019Assets 2020: $541,121Liabilities 2020: $5,193Net Assets 2020: $535,9282020Assets 2021: $640,333Liabilities 2021: $3,456Net Assets 2021: $636,8772021Assets 2022: $584,352Liabilities 2022: -$3,395Net Assets 2022: $587,7472022

Highlighted filing

2015

Assets$169,640
Liabilities$0
Net Assets$169,640
Open 2015 Filing

Operations Trend

Revenue Growth85th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $89,456Expenses 2011: $38,133Net Income 2011: $51,3232011Revenue 2012: $129,229Expenses 2012: $64,668Net Income 2012: $64,5612012Revenue 2013: $155,291Expenses 2013: $166,992Net Income 2013: -$11,7012013Revenue 2014: $193,282Expenses 2014: $179,635Net Income 2014: $13,6472014Revenue 2015: $286,219Expenses 2015: $120,968Net Income 2015: $165,2512015Revenue 2016: $205,478Expenses 2016: $196,449Net Income 2016: $9,0292016Revenue 2017: $227,990Expenses 2017: $212,393Net Income 2017: $15,5972017Revenue 2018: $209,889Expenses 2018: $107,754Net Income 2018: $102,1352018Revenue 2019: $217,834Expenses 2019: $264,199Net Income 2019: -$46,3652019Revenue 2020: $119,359Expenses 2020: $130,335Net Income 2020: -$10,9762020Revenue 2021: $138,511Expenses 2021: $145,391Net Income 2021: -$6,8802021Revenue 2022: $141,058Expenses 2022: $130,511Net Income 2022: $10,5472022

Highlighted filing

2015

Revenue$286,219
Expenses$120,968
Net Income$165,251
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.0
Gross Receipts
$286,219
Mission and Program Overview

Mission

To support the vulnerable in society by missions and other charitable activities toward individuals.

To engage in missions and other charitable activities toward individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$117,830$169,640▲ $51,810
Land, Buildings, and Equipment, Net-$113,441-
Cash and Non-Interest-Bearing Accounts$117,830$56,199▼ $61,631
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$117,830$169,640▲ $51,810
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$117,830$169,640▲ $51,810
Total Liabilities and Net Assets / Fund Balance$117,830$169,640▲ $51,810

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$75,108$1,559$76,667
Land$38,333-$38,333
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Paul BarmaksezianCEO
Ani BarmaksezianCFO
Lisa HaleblianSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$286,219
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$286,219
Change in Net Assets
$165,251

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$27,212
Total Noncash Contributions1$27,212
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,968
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$12,890--$12,890
Occupancy$11,242--$11,242
Travel$4,517--$4,517
All Other Expenses$4,381--$4,381
Insurance$3,608--$3,608
Depreciation Depletion$1,559--$1,559
Fees for Services Legal$1,500--$1,500
Fees for Services Accounting$900--$900
Office Expenses$826--$826
Total Functional Expenses$120,968$0$0$120,968
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
No
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

“The organization requires that meeting discussions be documented in writing, including approved actions by the governing body. This requirement extends to each committee with the authority to act on behalf of the governing body.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“The organization makes the income tax return available for inspection upon request and approval of the governing body.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon request and approval of the governing body.”

Filing and Contact Details

Filer

Filer Name
587 Ministries Inc
EIN
27-3599488
Address
2670 LAMBERT DR, PASADENA, CA 91107

Signing Officer

Name
Lisa Haleblian
Title
Secretary
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Formed
2011
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Garbis C Kahkejian
Address
1658 Foxgrove Ct, Upland, CA 91784
Preparer
Garbis C Kahkejian
Phone
9099871984
Raw XML Appendix365 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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IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt027212
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REQUIRES THAT MEETING DISCUSSIONS BE DOCUMENTED IN WRITING, INCLUDING APPROVED ACTIONS BY THE GOVERNING BODY. THIS REQUIREMENT EXTENDS TO EACH COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES THE INCOME TAX RETURN AVAILABLE FOR INSPECTION UPON REQUEST AND APPROVAL OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND APPROVAL OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt0117830
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TravelGrp/TotalAmt04517
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Lisa Haleblian
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0587 MINISTRIES INC
ReturnHeader/Filer/BusinessNameControlTxt0587M
ReturnHeader/Filer/EIN0273599488
ReturnHeader/Filer/USAddress/AddressLine1Txt02670 LAMBERT DR
ReturnHeader/Filer/USAddress/CityNm0PASADENA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091107
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Garbis C Kahkejian
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01658 Foxgrove Ct
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Upland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091784
ReturnHeader/PreparerPersonGrp/PhoneNum09099871984
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Garbis C Kahkejian
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-11T16:46:52-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$169,640
Liabilities
$0
Net assets
$169,640
Revenue
$286,219
Expenses
$120,968
Net income
$165,251
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.84$0.03$5.88$1.41$1.31$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$0.03$6.37$1.39$1.45$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.41$0.05$5.36$1.19$1.30$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$0.00$5.47$2.18$2.64$0.46
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.94$0.01$5.93$2.10$1.08$1.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.00$1.94$2.28$2.12$0.16
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$2.05$1.96$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$2.86$1.21$1.65
2014Detailed filing. Detailed filing data is available for this year.$1.18$1.18$1.93$1.80$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.04$1.04$1.55$1.67$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$1.16$1.29$0.65$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.51$0.89$0.38$0.51