Civic Intelligence

Sf Lgbt Center Capital Fund

EIN 32-0485225 • 501(c)3 • San Francisco, CA

Profile

Connecting people, resources, and opportunities, so together we can build a strong and healthy lgbt community, and a more welcoming and equitable world

1800 Market StreetSan Francisco, CA 94102

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-1324%

Higher net margin than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

99th percentile

$201,848

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 78.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

11th percentile

-97%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

-0.8%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$230,151

Down $6,990,355 (-97%) from 2022

Liabilities

Down

$0

Down $3,562,560 (-100%) from 2022

Net Assets

Down

$230,151

Down $3,427,795 (-94%) from 2022

Revenue

Down

$258,876

Down $2,142 (-0.8%) from 2022

Expenses

Up

$3,686,671

Up $3,322,363 (+912%) from 2022

Net Income

Down

-$3,427,795

Down $3,324,505 (-3219%) from 2022

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $6,428,938Liabilities 2016: $4,683,741Net Assets 2016: $1,745,1972016Assets 2017: $6,483,594Liabilities 2017: $4,354,506Net Assets 2017: $2,129,0882017Assets 2018: $6,395,779Liabilities 2018: $4,203,072Net Assets 2018: $2,192,7072018Assets 2019: $6,413,767Liabilities 2019: $4,047,376Net Assets 2019: $2,366,3912019Assets 2020: $6,399,805Liabilities 2020: $3,890,019Net Assets 2020: $2,509,7862020Assets 2021: $7,489,594Liabilities 2021: $3,728,358Net Assets 2021: $3,761,2362021Assets 2022: $7,220,506Liabilities 2022: $3,562,560Net Assets 2022: $3,657,9462022Assets 2023: $230,151Liabilities 2023: $0Net Assets 2023: $230,1512023

Highlighted filing

2023

Assets$230,151
Liabilities$0
Net Assets$230,151

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2016: $1,765,244Expenses 2016: $20,047Net Income 2016: $1,745,1972016Revenue 2017: $532,070Expenses 2017: $148,179Net Income 2017: $383,8912017Revenue 2018: $421,093Expenses 2018: $357,474Net Income 2018: $63,6192018Revenue 2019: $545,532Expenses 2019: $371,848Net Income 2019: $173,6842019Revenue 2020: $484,522Expenses 2020: $341,127Net Income 2020: $143,3952020Revenue 2021: $1,591,955Expenses 2021: $340,505Net Income 2021: $1,251,4502021Revenue 2022: $261,018Expenses 2022: $364,308Net Income 2022: -$103,2902022Revenue 2023: $258,876Expenses 2023: $3,686,671Net Income 2023: -$3,427,7952023

Highlighted filing

2023

Revenue$258,876
Expenses$3,686,671
Net Income-$3,427,795

Filings

Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 18, 2023
Return Version
2021v4.2
Gross Receipts
$261,018
Mission and Program Overview

Mission

Connecting people, resources, and opportunities, so together we can build a strong and healthy lgbt community, and a more welcoming and equitable world

The corporation's mission is to provide programs and services such as, but not limited to, career counseling, job fairs, youth meals and daycare to the lesbian, gay, bisexual, and transgender community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$6,392,800$6,392,800→ $0
Cash and Non-Interest-Bearing Accounts$1,096,794$827,706▼ $269,088
Total Assets$7,489,594$7,220,506▼ $269,088
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,728,358$3,562,560▼ $165,798
Total Liabilities$3,728,358$3,562,560▼ $165,798
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,761,236$3,657,946▼ $103,290
Total Net Assets Fund Balance$3,761,236$3,657,946▼ $103,290
Total Liabilities and Net Assets / Fund Balance$7,489,594$7,220,506▼ $269,088
Compensation and Service Providers

Board Members and Trustees

NameTitle
Terry MicheauPresident/chair
Debra ChawVice President/vice Chair
David LatinaBoard Member
Theresa LeeSecretary
Rebecca RolfeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,430
Program Service Revenue
$0
Investment Income
$259,588
Other Revenue
$0
All Other Contributions
$1,430
Change in Net Assets
$-103,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$262,500
Other Expenses$101,808
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$262,500--$262,500
Interest$92,938--$92,938
Fees for Services Accounting-$7,250-$7,250
Insurance-$1,430-$1,430
Other Expenses-$190-$190
Total Functional Expenses$355,438$8,870$0$364,308
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
San Francisco Lesbian Gay Bisexual Transgender Community CenterSan Francisco, CA501(c)(3)To Support the Organization$262,500
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Other officer compensation reviewed
No
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

The audit committee reviews the form 990 draft in detail. A draft of the form 990 is provided to all board members prior to final approving and filing.

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

The board of directors has approved a policy defining and regulating conflicts of interest. Annually each board member is asked to complete a form verifying their agreement to comply with the policy and disclosing any conflict of interest they have.

Form 990, Part VI, Section C, Line 18

A binder with board minutes, budget, review report, 990, and other relevant documents is maintained at the reception desk of the sf lgbt center at 1800 market street and available to any member of the public who requests it.

Form 990, Part VI, Section C, Line 19

Copies of the annual report, 990 and review reports are published on the www.guidestar.org. A binder with board minutes, budget, review report, 990 and other relevant documents is maintained at the reception desk of the sf lgbt center at 1800 market street and available to any member of the public who requests it.

Filing and Contact Details

Filer

Filer Name
Sf Lgbt Center Capital Fund
EIN
32-0485225
Phone
4158655555
Address
1800 MARKET STREET, SAN FRANCISCO, CA 94102

Signing Officer

Name
Rebecca Rolfe
Title
Treasurer
Phone
4158655555
Signed
2023-04-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Rolfe
Formed
2016
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
211 EAST OCEAN BLVD SUITE 600, LONG BEACH, CA 90802
Preparer
Bryan Hung
Phone
5624329482
Raw XML AppendixShowing 400 of 484 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/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SF LGBT CENTER CAPITAL FUND (THE ORGANIZATION") SHARES ONE OFFICER (TREASURER) WITH THE SUPPORTED ORGANIZATION SF LGBT CENTER. THEREFORE, SF LGBT CENTER HAS A SIGNIFICANT VOICE IN THE ORGANIZATION'S INVESTMNET POLICIES AND HAS CONTROL OVER THE INCOME AND ASSETS OF THE ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE SUPPORTED ORGANIZATION EARMARKED THE SUPPORT FROM THE ORGANIZATION FOR BUILDING OPERATIONS RELATED TO PROGRAMMATIC USE OF THE BUILDING. THIS ACTIVITY IS A SUBSTANTIAL ACTIVITY TO THE SUPPORT ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART V, SECTION D, LINE 8:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
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IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt06877691
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0994749
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0484891
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt0994749
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt0484891
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt06392800
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt06392800
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt06392800
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt06392800
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt0223748
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0223748
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt07387549
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt06877691
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0223748
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0223748
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0943236718
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0262500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SAN FRANCISCO LESBIAN GAY BISEXUAL TRANSGENDER COMMUNITY CENTER
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0262500
IRS990/ScheduleBRequiredInd00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0262500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE ORGANIZATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SAN FRANCISCO LESBIAN GAY BISEXUAL TRANSGENDER COMMUNITY CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0943236718
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01800 MARKET STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094102
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0CASH PAID
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0179115
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt011865
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0REBECCA ROLFE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0190980
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE AUDIT COMMITTEE REVIEWS THE FORM 990 DRAFT IN DETAIL. A DRAFT OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FINAL APPROVING AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS HAS APPROVED A POLICY DEFINING AND REGULATING CONFLICTS OF INTEREST. ANNUALLY EACH BOARD MEMBER IS ASKED TO COMPLETE A FORM VERIFYING THEIR AGREEMENT TO COMPLY WITH THE POLICY AND DISCLOSING ANY CONFLICT OF INTEREST THEY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A BINDER WITH BOARD MINUTES, BUDGET, REVIEW REPORT, 990, AND OTHER RELEVANT DOCUMENTS IS MAINTAINED AT THE RECEPTION DESK OF THE SF LGBT CENTER AT 1800 MARKET STREET AND AVAILABLE TO ANY MEMBER OF THE PUBLIC WHO REQUESTS IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COPIES OF THE ANNUAL REPORT, 990 AND REVIEW REPORTS ARE PUBLISHED ON THE WWW.GUIDESTAR.ORG. A BINDER WITH BOARD MINUTES, BUDGET, REVIEW REPORT, 990 AND OTHER RELEVANT DOCUMENTS IS MAINTAINED AT THE RECEPTION DESK OF THE SF LGBT CENTER AT 1800 MARKET STREET AND AVAILABLE TO ANY MEMBER OF THE PUBLIC WHO REQUESTS IT.
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 C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0SAN FRANCISCO LESBIAN GAY BISEXUAL TRANSGENDER COMMUNITY CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0943236718
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BUILDING A STRONG AND HEALTHY LGBT COMMUNITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01800 MARKET STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAN FRANCISCO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094102
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00

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