Civic Intelligence

Vital Link Education- Business Consortium

990 • Fiscal year 2016 • EIN 33-0632256

Oct 01, 2015 to Sep 30, 2016 • Filed on Mar 02, 2017

15401 Red Hill Suite FTustin, CA 92780

(949) 646-2520

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.57x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.16x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

42nd percentile

0.1%

Higher net margin than 42% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

43rd percentile

$45,900

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 4.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$303,465

No earlier filing loaded for comparison.

Net Assets

$131,010

No earlier filing loaded for comparison.

Liabilities

$172,455

No earlier filing loaded for comparison.

Revenue

$1,054,731

No earlier filing loaded for comparison.

Expenses

$1,054,142

No earlier filing loaded for comparison.

Net Income

$589

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2016: $303,465Liabilities 2016: $172,455Net Assets 2016: $131,0102016Assets 2017: $325,165Liabilities 2017: $196,249Net Assets 2017: $128,9162017Assets 2018: $279,547Liabilities 2018: $199,953Net Assets 2018: $79,5942018Assets 2019: $237,407Liabilities 2019: $158,904Net Assets 2019: $78,5032019Assets 2020: $664,740Liabilities 2020: $646,533Net Assets 2020: $18,2072020Assets 2021: $773,331Liabilities 2021: $656,389Net Assets 2021: $116,9422021Assets 2022: $328,140Liabilities 2022: $607,495Net Assets 2022: -$279,3552022Assets 2023: $896,351Liabilities 2023: $1,244,329Net Assets 2023: -$347,9782023Assets 2024: $357,465Liabilities 2024: $742,240Net Assets 2024: -$384,7752024Assets 2025: $310,825Liabilities 2025: $587,609Net Assets 2025: -$276,7842025

Highlighted filing

2016

Assets$303,465
Liabilities$172,455
Net Assets$131,010

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2016: $1,054,731Expenses 2016: $1,054,142Net Income 2016: $5892016Revenue 2017: $1,104,771Expenses 2017: $1,101,429Net Income 2017: $3,3422017Revenue 2018: $1,082,308Expenses 2018: $1,115,864Net Income 2018: -$33,5562018Revenue 2019: $997,697Expenses 2019: $999,054Net Income 2019: -$1,3572019Revenue 2020: $798,442Expenses 2020: $858,943Net Income 2020: -$60,5012020Revenue 2021: $1,000,651Expenses 2021: $901,916Net Income 2021: $98,7352021Revenue 2022: $634,172Expenses 2022: $1,030,469Net Income 2022: -$396,2972022Revenue 2023: $1,075,345Expenses 2023: $1,143,968Net Income 2023: -$68,6232023Revenue 2024: $1,547,932Expenses 2024: $1,584,729Net Income 2024: -$36,7972024Revenue 2025: $1,364,859Expenses 2025: $1,376,478Net Income 2025: -$11,6192025

Highlighted filing

2016

Revenue$1,054,731
Expenses$1,054,142
Net Income$589
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Mar 2, 2017
Return Version
2015v3.0
Gross Receipts
$1,054,731
Mission and Program Overview

Mission

Vital Link's mission is to create the link between business and education to prepare students for the successful transition to a meaningful career.

Assist public schools in preparing students for transition from school to employment

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$181,741$199,588▲ $17,847
Cash and Non-Interest-Bearing Accounts$37,309$41,716▲ $4,407
Prepaid Expenses and Deferred Charges$13,175$40,936▲ $27,761
Land, Buildings, and Equipment, Net$23,607$21,225▼ $2,382
Total Assets$255,832$303,465▲ $47,633
Liabilities
Accounts Payable and Accrued Expenses$100,395$172,455▲ $72,060
Deferred Revenue$25,016--
Total Liabilities$125,411$172,455▲ $47,044
Net Assets / Fund Balance
Unrestricted Net Assets$130,421$131,010▲ $589
Total Net Assets Fund Balance$130,421$131,010▲ $589
Total Liabilities and Net Assets / Fund Balance$255,832$303,465▲ $47,633

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$21,225$55,160-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kathy JohnsonPresidentFT$45,900$45,900

Board Members and Trustees

NameTitle
Vince BrantleyChairman of
Alisa MccordVice Chair
Debra FriedmanVice Chair
Mary AnstadtVice Chair
Bryce BenjaminDirector
Lindberg McphersonDirector
Tom MurphyDirector
Henry MoralesCommittee Ch
Anne YoungloveProgram Chai
Jennifer CunninghamProgram Chai
Tom ShowmakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$121,234
Program Service Revenue
$933,489
Investment Income
$8
Other Revenue
$0
All Other Contributions
$121,234
Change in Net Assets
$589

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,054,731
Total Revenue per Audited Statements
$1,054,731
Total Revenue per Form 990
$1,054,731
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$566,972
Other Expenses$487,170
Total Fundraising Expense$13,116
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$479,067$25,900$805$505,772
Current Officers, Directors, Trustees, and Key Employees$58,140$2,448$612$61,200
Occupancy$39,026$10,407$2,602$52,035
Fees for Services Accounting-$30,552-$30,552
Other Expenses$9,757$6,794$3,397$19,948
All Other Expenses$14,794--$14,794
Interest$9,936$4,258-$14,194
Insurance$8,363$3,585-$11,948
Travel$7,410--$7,410
Depreciation Depletion-$2,381-$2,381
Total Functional Expenses$949,001$92,025$13,116$1,054,142

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,054,142
Total Expenses per Audited Statements$1,054,142
Total Expenses per Form 990$1,054,142
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
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Organization's process to review form 990 reviewed by management and officers

Form 990, Page 6, Part VI, Line 12C

At annual meeting yearly board members asked if any have a conflict of interest. Any that do are noted.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Vital Link Education-
EIN
33-0632256
Phone
9496462520
Address
15401 RED HILL SUITE F, TUSTIN, CA 92780

Signing Officer

Name
Kathy Johnson
Title
President
Phone
9496462520
Signed
2017-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathy Johnson
Formed
1989
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
12
Employees
49
Volunteers
150

Preparer

Firm
John W Briscoe CPA
Address
PO BOX 9973, FOUNTAIN VALLEY, CA 92728-0973
Preparer
John W Briscoe
Phone
7145318291
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0510925
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt055160
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt076385
IRS990ScheduleD/RevenueSubtotalAmt01054731
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021225
IRS990ScheduleD/TotalExpensesPerForm990Amt01054142
IRS990ScheduleD/TotalRevenuePerForm990Amt01054731
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990 REVIEWED BY MANAGEMENT AND OFFICERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT ANNUAL MEETING YEARLY BOARD MEMBERS ASKED IF ANY HAVE A CONFLICT OF INTEREST. ANY THAT DO ARE NOTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013116
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092025
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0949001
IRS990/TotalFunctionalExpensesGrp/TotalAmt01054142
IRS990/TotalGrossUBIAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0131010
IRS990/TotalProgramServiceExpensesAmt0949001
IRS990/TotalProgramServiceRevenueAmt0933489
IRS990/TotalReportableCompFromOrgAmt045900
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0933497
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01054731
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0255832
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0303465
IRS990/TravelGrp/ProgramServicesAmt07410
IRS990/TravelGrp/TotalAmt07410
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0130421
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0131010
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015401 RED HILL SUITE F
IRS990/USAddress/CityNm0TUSTIN
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092780
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.VITALLINKOC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHY JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09496462520
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VITAL LINK EDUCATION-
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0BUSINESS CONSORTIUM
ReturnHeader/Filer/BusinessNameControlTxt0VITA
ReturnHeader/Filer/EIN0330632256
ReturnHeader/Filer/PhoneNum09496462520
ReturnHeader/Filer/USAddress/AddressLine1Txt015401 RED HILL SUITE F
ReturnHeader/Filer/USAddress/CityNm0TUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092780
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN W BRISCOE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 9973
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOUNTAIN VALLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0927280973

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