Civic Intelligence

Project Cuddle Inc.

990 • Fiscal year 2020 • EIN 33-0486176

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 26, 2021

2973 Harbor Blvd 326Costa Mesa, CA 92626

(714) 432-9681

Siviq Scores

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

Liabilities / Assets

68th percentile

0.05x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

18th percentile

-27%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

9th percentile

-47%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-36%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$33,684

Down $29,617 (-47%) from 2019

Net Assets

Down

$32,103

Down $29,774 (-48%) from 2019

Liabilities

Up

$1,581

Up $157 (+11%) from 2019

Revenue

Down

$109,637

Down $62,587 (-36%) from 2019

Expenses

Up

$139,411

Up $2,413 (+1.8%) from 2019

Net Income

Down

-$29,774

Down $65,000 (-185%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2010: $67,410Liabilities 2010: $12,199Net Assets 2010: $55,2112010Assets 2011: $60,359Liabilities 2011: $22,838Net Assets 2011: $37,5212011Assets 2012: $129,940Liabilities 2012: $18,424Net Assets 2012: $111,5162012Assets 2013: $129,717Liabilities 2013: $22,094Net Assets 2013: $107,6232013Assets 2015: $28,658Liabilities 2015: $13,937Net Assets 2015: $14,7212015Assets 2016: $17,394Liabilities 2016: $33,020Net Assets 2016: -$15,6262016Assets 2017: $35,233Liabilities 2017: $9,615Net Assets 2017: $25,6182017Assets 2018: $34,618Liabilities 2018: $149Net Assets 2018: $34,4692018Assets 2019: $63,301Liabilities 2019: $1,424Net Assets 2019: $61,8772019Assets 2020: $33,684Liabilities 2020: $1,581Net Assets 2020: $32,1032020Assets 2021: $33,747Liabilities 2021: $9,767Net Assets 2021: $23,9802021Assets 2022: $19,645Liabilities 2022: $9,460Net Assets 2022: $10,1852022Assets 2023: $23,491Liabilities 2023: $1,504Net Assets 2023: $21,9872023Assets 2024: $42,872Liabilities 2024: $16,384Net Assets 2024: $26,4882024

Highlighted filing

2020

Assets$33,684
Liabilities$1,581
Net Assets$32,103

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $315,8332010Expenses 2011: $572,0682011Expenses 2012: $276,8372012Revenue 2013: $726,733Expenses 2013: $738,060Net Income 2013: -$11,3272013Revenue 2015: $757,080Expenses 2015: $870,711Net Income 2015: -$113,6312015Revenue 2016: $233,157Expenses 2016: $265,809Net Income 2016: -$32,6522016Revenue 2017: $114,562Expenses 2017: $68,507Net Income 2017: $46,0552017Revenue 2018: $106,640Expenses 2018: $97,789Net Income 2018: $8,8512018Revenue 2019: $172,224Expenses 2019: $136,998Net Income 2019: $35,2262019Revenue 2020: $109,637Expenses 2020: $139,411Net Income 2020: -$29,7742020Revenue 2021: $129,937Expenses 2021: $138,060Net Income 2021: -$8,1232021Revenue 2022: $102,501Expenses 2022: $116,296Net Income 2022: -$13,7952022Revenue 2023: $90,338Expenses 2023: $78,536Net Income 2023: $11,8022023Revenue 2024: $99,065Expenses 2024: $94,564Net Income 2024: $4,5012024

Highlighted filing

2020

Revenue$109,637
Expenses$139,411
Net Income-$29,774
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 26, 2021
Return Version
2020v4.1
Gross Receipts
$109,637
Mission and Program Overview

Mission

Providing alternatives to baby abandonment

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$62,501$32,884▼ $29,617
Rtn Earn Endowment Incm Other Fnds$61,877$32,103▼ $29,774
Investments Other Securities$800$800→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$63,301$33,684▼ $29,617
Liabilities
Other Liabilities$1,424$1,581▲ $157
Total Liabilities$1,424$1,581▲ $157
Net Assets / Fund Balance
Total Net Assets Fund Balance$61,877$32,103▼ $29,774
Total Liabilities and Net Assets / Fund Balance$63,301$33,684▼ $29,617
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vladimir FrazilusPresident
Yvette TaylorVice President
Donna ToddBoard Member
Lynna GueveraSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$109,637
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$109,637
Change in Net Assets
$-29,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$127,939
Salaries, Compensation, and Employee Benefits$11,472
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$22,863$1,503-$24,366
Advertising$13,606--$13,606
Current Officers, Directors, Trustees, and Key Employees$10,400--$10,400
Occupancy$9,600--$9,600
Travel$8,550--$8,550
Other Expenses$7,743--$7,743
Office Expenses$2,037--$2,037
Fees for Services Accounting$1,880--$1,880
Payroll Taxes$1,072--$1,072
Insurance$85--$85
Interest-$63-$63
Total Functional Expenses$137,845$1,566$0$139,411
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Wells Fargo Credit Card$1,581
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 990 is reviewed and signed by the board president.

Form 990, Part VI, Section C, Line 18

The governing documents, conflict of interest policy and financial statements are available by mail upon request.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available by mail upon request.

Filing and Contact Details

Filer

Filer Name
Project Cuddle Inc
EIN
33-0486176
Phone
7144329681
Address
2973 HARBOR BLVD 326, COSTA MESA, CA 92626

Signing Officer

Name
Debbe Magnusen
Title
President
Phone
7144329681
Signed
2021-08-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbe Magnusen
Formed
1992
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
The Accounting Annex Inc
Address
41 E FOOTHILL BLVD STE 201, ARCADIA, CA 91006
Preparer
Joanne Meaney CPA
Phone
6264460836
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Postage: program service expenses 5419. Management and general expenses 0. Fundraising expenses 0. Total expenses 5419. Computer support: program service expenses 4813. Management and general expenses 0. Fundraising expenses 0. Total expenses 4813. Professional service: program service expenses 2850. Management and general expenses 0. Fundraising expenses 0. Total expenses 2850. Storage: program service expenses 2371. Management and general expenses 0. Fundraising expenses 0. Total expenses 2371. Repair & maint. Exp: program service expenses 1791. Management and general expenses 0. Fundraising expenses 0. Total expenses 1791. Books : program service expenses 1500. Management and general expenses 0. Fundraising expenses 0. Total expenses 1500. Merchant fees: program service expenses 0. Management and general expenses 1473. Fundraising expenses 0. Total expenses 1473. Printing: program service expenses 760. Management and general expenses 0. Fundraising expenses 0. Total expenses 760. Dues: program service expenses 687. Management and general expenses 0. Fundraising expenses 0. Total expenses 687. Auto expense: program service expenses 678. Management and general expenses 0. Fundraising expenses 0. Total expenses 678. Payroll expense: program service expenses 675. Management and general expenses 0. Fundraising expenses 0. Total expenses 675. Equipment lease: program service expenses 405. Management and general expenses 0. Fundraising expenses 0. Total expenses 405. Grant writing: program service expenses 400. Management and general expenses 0. Fundraising expenses 0. Total expenses 400. Business meeting: program service expenses 385. Management and general expenses 0. Fundraising expenses 0. Total expenses 385. Security system expense: program service expenses 100. Management and general expenses 0. Fundraising expenses 0. Total expenses 100. Bank charge: program service expenses 0. Management and general expenses 30. Fundraising expenses 0. Total expenses 30. License & permit: program service expenses 29. Management and general expenses 0. Fundraising expenses 0. Total expenses 29.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED AND SIGNED BY THE BOARD PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY MAIL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY MAIL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3POSTAGE: PROGRAM SERVICE EXPENSES 5419. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5419. COMPUTER SUPPORT: PROGRAM SERVICE EXPENSES 4813. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4813. PROFESSIONAL SERVICE: PROGRAM SERVICE EXPENSES 2850. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2850. STORAGE: PROGRAM SERVICE EXPENSES 2371. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2371. REPAIR & MAINT. EXP: PROGRAM SERVICE EXPENSES 1791. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1791. BOOKS : PROGRAM SERVICE EXPENSES 1500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1500. MERCHANT FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1473. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1473. PRINTING: PROGRAM SERVICE EXPENSES 760. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 760. DUES: PROGRAM SERVICE EXPENSES 687. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 687. AUTO EXPENSE: PROGRAM SERVICE EXPENSES 678. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 678. PAYROLL EXPENSE: PROGRAM SERVICE EXPENSES 675. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 675. EQUIPMENT LEASE: PROGRAM SERVICE EXPENSES 405. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 405. GRANT WRITING: PROGRAM SERVICE EXPENSES 400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 400. BUSINESS MEETING: PROGRAM SERVICE EXPENSES 385. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 385. SECURITY SYSTEM EXPENSE: PROGRAM SERVICE EXPENSES 100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100. BANK CHARGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30. LICENSE & PERMIT: PROGRAM SERVICE EXPENSES 29. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt063301
IRS990/TotalAssetsEOYAmt033684
IRS990/TotalAssetsGrp/BOYAmt063301
IRS990/TotalAssetsGrp/EOYAmt033684
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0109637
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01566
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0137845
IRS990/TotalFunctionalExpensesGrp/TotalAmt0139411
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01424
IRS990/TotalLiabilitiesEOYAmt01581
IRS990/TotalLiabilitiesGrp/BOYAmt01424
IRS990/TotalLiabilitiesGrp/EOYAmt01581
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt061877
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt032103
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0137845
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0109637
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt063301
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt033684
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt08550
IRS990/TravelGrp/TotalAmt08550
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02973 HARBOR BLVD
IRS990/USAddress/CityNm0COSTA MESA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092626
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0PROJECTCUDDLE.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBBE MAGNUSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07144329681
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT CUDDLE INC
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0330486176
ReturnHeader/Filer/PhoneNum07144329681
ReturnHeader/Filer/USAddress/AddressLine1Txt02973 HARBOR BLVD 326
ReturnHeader/Filer/USAddress/CityNm0COSTA MESA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092626
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954549042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE ACCOUNTING ANNEX INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt041 E FOOTHILL BLVD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARCADIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091006
ReturnHeader/PreparerPersonGrp/PhoneNum06264460836
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOANNE MEANEY CPA
ReturnHeader/ReturnTs02021-09-08T18:24:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEBBE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAGNUSEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.16$0.26$0.99$0.95$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.23$0.02$0.22$0.90$0.79$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.09$0.10$1.03$1.16$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.34$0.10$0.24$1.30$1.38$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$1.10$1.39$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.01$0.62$1.72$1.37$0.35
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.34$1.07$0.98$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.10$0.26$1.15$0.69$0.46
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.33$0.16$2.33$2.66$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.14$0.15$7.57$8.71$1.14
2013Detailed filing. Detailed filing data is available for this year.$1.30$0.22$1.08$7.27$7.38$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$0.18$1.12$2.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.23$0.38$5.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.12$0.55$3.16