Civic Intelligence

Arete Scholarship Fund

990EZ • Fiscal year 2019 • EIN 27-4287208

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 21, 2020

Organization ProfileN/A
11500 W Olympic BlvdLos Angeles, CA 90064

(310) 478-9900

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

88th percentile

69%

Faster asset growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

100%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$30,239

Up $12,342 (+69%) from 2018

Net Assets

Up

$30,237

Up $12,340 (+69%) from 2018

Liabilities

$2

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin76th percentile

Revenue

Up

$61,180

Up $30,565 (+100%) from 2018

Expenses

Down

$48,840

Down $81,390 (-62%) from 2018

Net Income

Up

$12,340

Up $111,955 (+112%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$40K$30K$20K$10K$0Assets 2018: $17,897Net Assets 2018: $17,8972018Assets 2019: $30,239Liabilities 2019: $2Net Assets 2019: $30,2372019Assets 2020: $24,742Net Assets 2020: $24,7422020

Highlighted filing

2019

Assets$30,239
Liabilities$2
Net Assets$30,237
Open 2019 Filing

Operations Trend

Revenue Growth92nd percentile

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

$200K$100K$0-$100KRevenue 2018: $30,615Expenses 2018: $130,230Net Income 2018: -$99,6152018Revenue 2019: $61,180Expenses 2019: $48,840Net Income 2019: $12,3402019Revenue 2020: $26,629Expenses 2020: $32,124Net Income 2020: -$5,4952020

Highlighted filing

2019

Revenue$61,180
Expenses$48,840
Net Income$12,340
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 21, 2020
Return Version
2019v5.0
Gross Receipts
$61,180
Mission and Program Overview

Mission

To provide scholarships for students attending westside learning adventures, llc(fein #90-0347319, dba arete preparatory academy).

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS$48,840-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James P HahnCEO-$0--
Filing and Contact Details

Filer

Filer Name
Arete Scholarship Fund
EIN
27-4287208
Phone
3104789900
Address
11500 W OLYMPIC BLVD, LOS ANGELES, CA 90064

Signing Officer

Name
James P Hahn
Title
CEO
Signed
2020-11-21
Discuss with paid preparer
Yes

Preparer

Firm
Midwin Vogel & Nathanson LLP
Address
15200 Sunset Blvd Suite 211, Pacific Palisades, CA 90272
Preparer
Brian Midwin CPA
Phone
3104547667
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $768”

Other Expenses.1

“Tuition Expense $40720”

Other Expenses.2

“Other Program Expenses $4672”

Other Expenses.3

“Meals for Scholarship Students $1139”

Other Expenses.4

“Bank Fees $234”

Other Expenses.5

“Business Registration $133”

Other Assets.1

“UNDEPOSITED FUNDS - Beginning $0 UNDEPOSITED FUNDS - Ending $4000”

Total Liabilities.1

“ROUNDING - Beginning $0 ROUNDING - Ending $2”

Raw XML Appendix144 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAMES P HAHN
IRS990EZ/BooksInCareOfDetail/PhoneNum03108297654
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011500 W Olympic Blvd Ste 318
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Los Angeles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090064
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017897
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026239
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt061180
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012340
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01174
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017897
IRS990EZ/Form990TotalAssetsGrp/EOYAmt030239
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt061180
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt017897
IRS990EZ/NetAssetsOrFundBalancesEOYAmt030237
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt017897
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030237
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0James P Hahn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04000
IRS990EZ/OtherExpensesTotalAmt047666
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS FOR STUDENTS ATTENDING WESTSIDE LEARNING ADVENTURES, LLC(FEIN #90-0347319, DBA ARETE PREPARATORY ACADEMY).
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt048840
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt048840
IRS990EZ/TotalProgramServiceExpensesAmt048840
IRS990EZ/TotalRevenueAmt061180
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0125600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt071252
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt046500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0330147
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0330147
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0125600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt071252
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt046500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0330147
IRS990ScheduleA/TotalSupportAmt0330147
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $768
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Tuition Expense $40720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Other Program Expenses $4672
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Meals for Scholarship Students $1139
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Fees $234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Business Registration $133
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNDEPOSITED FUNDS - Beginning $0 UNDEPOSITED FUNDS - Ending $4000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROUNDING - Beginning $0 ROUNDING - Ending $2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0James P Hahn
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARETE SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0ARET
ReturnHeader/Filer/EIN0274287208
ReturnHeader/Filer/PhoneNum03104789900
ReturnHeader/Filer/USAddress/AddressLine1Txt011500 W OLYMPIC BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090064
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814457344
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Midwin Vogel & Nathanson LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015200 Sunset Blvd Suite 211
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pacific Palisades
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090272
ReturnHeader/PreparerPersonGrp/PhoneNum03104547667
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brian Midwin CPA
ReturnHeader/ReturnTs02020-11-21T14:27:00-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,239
Liabilities
$2
Net assets
$30,237
Revenue
$61,180
Expenses
$48,840
Net income
$12,340
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.25$0.27$0.32$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.61$0.49$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.18$0.31$1.30$1.00