Civic Intelligence

Laca Music Foundation Corporation

990EZ • Fiscal year 2013 • EIN 33-0613142

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 10, 2014

5622 Rosemead Blvd91780

(626) 237-0200

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.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

76th percentile

$6,450

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 14.0% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

83rd percentile

44%

Faster asset growth than 83% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$49,266

Up $14,987 (+44%) from 2012

Net Assets

Up

$49,162

Up $15,189 (+45%) from 2012

Liabilities

Down

$104

Down $202 (-66%) from 2012

Revenue

Up

$46,103

Up $9,405 (+26%) from 2012

Expenses

Down

$30,914

Down $13,212 (-30%) from 2012

Net Income

Up

$15,189

Up $22,617 (+304%) from 2012

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2010: $34,197Liabilities 2010: $291Net Assets 2010: $33,9062010Assets 2011: $41,651Liabilities 2011: $250Net Assets 2011: $41,4012011Assets 2012: $34,279Liabilities 2012: $306Net Assets 2012: $33,9732012Assets 2013: $49,266Liabilities 2013: $104Net Assets 2013: $49,1622013Assets 2014: $61,198Liabilities 2014: $125Net Assets 2014: $61,0732014Assets 2015: $54,313Liabilities 2015: $552Net Assets 2015: $53,7612015Assets 2016: $46,846Liabilities 2016: $328Net Assets 2016: $46,5182016Assets 2017: $31,004Liabilities 2017: $167Net Assets 2017: $30,8372017Assets 2018: $23,379Net Assets 2018: $23,3792018Assets 2019: $12,165Net Assets 2019: $12,1652019Assets 2020: $9,062Liabilities 2020: $0Net Assets 2020: $9,0622020Assets 2021: $7,465Liabilities 2021: $0Net Assets 2021: $7,4652021Assets 2022: $5,126Liabilities 2022: $0Net Assets 2022: $5,1262022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2013

Assets$49,266
Liabilities$104
Net Assets$49,162

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $43,931Expenses 2010: $43,963Net Income 2010: -$322010Revenue 2011: $78,175Expenses 2011: $70,680Net Income 2011: $7,4952011Revenue 2012: $36,698Expenses 2012: $44,126Net Income 2012: -$7,4282012Revenue 2013: $46,103Expenses 2013: $30,914Net Income 2013: $15,1892013Revenue 2014: $129,213Expenses 2014: $117,302Net Income 2014: $11,9112014Revenue 2015: $29,786Expenses 2015: $37,098Net Income 2015: -$7,3122015Revenue 2016: $18,138Expenses 2016: $25,380Net Income 2016: -$7,2422016Revenue 2017: $20,763Expenses 2017: $36,444Net Income 2017: -$15,6812017Revenue 2018: $11,002Expenses 2018: $18,460Net Income 2018: -$7,4582018Revenue 2019: $1,875Expenses 2019: $13,089Net Income 2019: -$11,2142019Revenue 2020: $9Expenses 2020: $3,112Net Income 2020: -$3,1032020Revenue 2021: $3Expenses 2021: $1,600Net Income 2021: -$1,5972021Revenue 2022: $1Expenses 2022: $2,340Net Income 2022: -$2,3392022Expenses 2023: $5,1272023

Highlighted filing

2013

Revenue$46,103
Expenses$30,914
Net Income$15,189
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 10, 2014
Return Version
2013v3.1
Gross Receipts
$46,103
Mission and Program Overview

Mission

Chritable & educational purposes

Charitable & educational purposes

Program Services

DescriptionGrantsExpenses
Join Hai-Hua Culture Exchange Concert on Feburary 16, 2013 Open to public.-$674
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAMUEL LINPresidentPT$6,450-$6,450
JANE TANGSecretaryPT$0--
DORIS YUTreasurer-$0--
CLAUDIA MARGOLISDirector-$0--
ALLEN LEEDirector-$0--
THERESA LOCKDirector-$0--
ERIC TUNGDirector-$0--
Filing and Contact Details

Filer

EIN
33-0613142
Phone
6262370200

Signing Officer

Name
Samuel Lin
Title
President
Phone
6262370200
Signed
2014-04-10
Discuss with paid preparer
Yes

Preparer

Preparer
Mark Chi CPA
Phone
6262811429
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Accounting fees 1000. Bank service charge 62. Internet expense 300. Conference 337. License & filing fees 55. Music books & copies 1482. Office expenses 31. Payroll taxes 888. Program expenses 674. Expenses of fundraising 5285. Late fee 50.

Form 990EZ, Part II, Line 24

Organization cost 600. 600. Security deposit-rent 500. 500.

Form 990EZ, Part II, Line 26

Payroll taxes payable 306. 104.

Form 990, Part IX, Line 24F

Office expenses photo & dvd recording music books postage printing & publication orchestra insurance donation-red cross license & filing fees

Raw XML Appendix176 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SAMUEL LIN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ALLEN LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5THERESA LOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ERIC TUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01100
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01100
IRS990EZ/OtherExpensesTotalAmt010164
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE & EDUCATIONAL PURPOSES
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0674
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt06450
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IRS990EZ/SchoolOperatingInd0false
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.lacamusic.org
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017410
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt022300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt029350
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0778
IRS990ScheduleA/InvestmentIncomeCYPct00.00320
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING FEES 1000. BANK SERVICE CHARGE 62. INTERNET EXPENSE 300. CONFERENCE 337. LICENSE & FILING FEES 55. MUSIC BOOKS & COPIES 1482. OFFICE EXPENSES 31. PAYROLL TAXES 888. PROGRAM EXPENSES 674. EXPENSES OF FUNDRAISING 5285. LATE FEE 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION COST 600. 600. SECURITY DEPOSIT-RENT 500. 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES PAYABLE 306. 104.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE EXPENSES PHOTO & DVD RECORDING MUSIC BOOKS POSTAGE PRINTING & PUBLICATION ORCHESTRA INSURANCE DONATION-RED CROSS LICENSE & FILING FEES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMUEL LIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06262370200
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine10LACA MUSIC FOUNDATION CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LACA
ReturnHeader/Filer/EIN0330613142
ReturnHeader/Filer/PhoneNum06262370200
ReturnHeader/Filer/USAddress/AddressLine105622 ROSEMEAD BLVD
ReturnHeader/Filer/USAddress/City0TEMPLE CITY
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode091780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10CHI & ASSOCIATES
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode091803
ReturnHeader/PreparerPersonGrp/PhoneNum06262811429
ReturnHeader/PreparerPersonGrp/PreparationDt02014-04-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK CHI CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02014-04-10T17:42:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.00$0.02$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.00$0.03$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.02$0.13$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.23$0.11$0.18$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.21$0.36$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.18$0.25$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.54$0.30$0.37$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.61$0.00$0.61$1.29$1.17$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.46$0.31$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$0.37$0.44$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.41$0.78$0.71$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.34$0.00$0.34$0.44$0.44$0.00