Civic Intelligence

Desert Forum Inc.

990 • Fiscal year 2018 • EIN 33-0716569

Jul 01, 2017 to Jun 30, 2018 • Filed on May 21, 2019

45-200 Club DriveIndian Wells, CA 92210

(760) 610-2852

Siviq Scores

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

Liabilities / Assets

81st percentile

0.51x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.80x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$124,908

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

0.9%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,643,630

Up $352,216 (+15%) from 2017

Net Assets

Up

$1,285,811

Up $277,970 (+28%) from 2017

Liabilities

Up

$1,357,819

Up $74,246 (+5.8%) from 2017

Revenue

Up

$1,707,434

Up $15,814 (+0.9%) from 2017

Expenses

Down

$1,443,098

Down $10,052 (-0.7%) from 2017

Net Income

Up

$264,336

Up $25,866 (+11%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $866,635Liabilities 2013: $586,094Net Assets 2013: $280,5412013Assets 2014: $1,250,928Liabilities 2014: $790,197Net Assets 2014: $460,7312014Assets 2015: $1,768,987Liabilities 2015: $1,067,159Net Assets 2015: $701,8282015Assets 2016: $1,975,951Liabilities 2016: $1,206,580Net Assets 2016: $769,3712016Assets 2017: $2,291,414Liabilities 2017: $1,283,573Net Assets 2017: $1,007,8412017Assets 2018: $2,643,630Liabilities 2018: $1,357,819Net Assets 2018: $1,285,8112018Assets 2019: $2,962,313Liabilities 2019: $1,246,691Net Assets 2019: $1,715,6222019Assets 2020: $2,416,525Liabilities 2020: $718,419Net Assets 2020: $1,698,1062020Assets 2021: $2,466,326Liabilities 2021: $741,665Net Assets 2021: $1,724,6612021Assets 2022: $2,550,574Liabilities 2022: $909,742Net Assets 2022: $1,640,8322022Assets 2023: $2,767,294Liabilities 2023: $1,146,605Net Assets 2023: $1,620,6892023Assets 2024: $2,935,601Liabilities 2024: $1,095,946Net Assets 2024: $1,839,6552024Assets 2025: $2,663,254Liabilities 2025: $995,908Net Assets 2025: $1,667,3462025

Highlighted filing

2018

Assets$2,643,630
Liabilities$1,357,819
Net Assets$1,285,811

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2013: $1,211,2692013Revenue 2014: $1,365,788Expenses 2014: $1,185,598Net Income 2014: $180,1902014Revenue 2015: $1,552,790Expenses 2015: $1,311,693Net Income 2015: $241,0972015Revenue 2016: $1,482,752Expenses 2016: $1,415,209Net Income 2016: $67,5432016Revenue 2017: $1,691,620Expenses 2017: $1,453,150Net Income 2017: $238,4702017Revenue 2018: $1,707,434Expenses 2018: $1,443,098Net Income 2018: $264,3362018Revenue 2019: $1,743,007Expenses 2019: $1,342,263Net Income 2019: $400,7442019Revenue 2020: $932,859Expenses 2020: $1,006,769Net Income 2020: -$73,9102020Revenue 2021: $82,852Expenses 2021: $335,596Net Income 2021: -$252,7442021Revenue 2022: $1,660,096Expenses 2022: $1,556,309Net Income 2022: $103,7872022Revenue 2023: $1,501,209Expenses 2023: $1,602,611Net Income 2023: -$101,4022023Revenue 2024: $1,576,962Expenses 2024: $1,553,888Net Income 2024: $23,0742024Revenue 2025: $1,569,596Expenses 2025: $1,879,752Net Income 2025: -$310,1562025

Highlighted filing

2018

Revenue$1,707,434
Expenses$1,443,098
Net Income$264,336
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 21, 2019
Return Version
2017v2.2
Gross Receipts
$1,707,434
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,561,890$1,900,930▲ $339,040
Savings and Temporary Cash Investments$501,682$446,711▼ $54,971
Pledges and Grants Receivable$138,500$170,370▲ $31,870
Prepaid Expenses and Deferred Charges$85,796$93,146▲ $7,350
Land, Buildings, and Equipment, Net$3,546$4,973▲ $1,427
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,291,414$2,643,630▲ $352,216
Other Assets Total-$27,500-
Liabilities
Deferred Revenue$1,280,800$1,305,350▲ $24,550
Accounts Payable and Accrued Expenses$2,773$52,469▲ $49,696
Total Liabilities$1,283,573$1,357,819▲ $74,246
Net Assets / Fund Balance
Unrestricted Net Assets$757,841$1,035,811▲ $277,970
Temporarily Rstr Net Assets$250,000$250,000→ $0
Total Net Assets Fund Balance$1,007,841$1,285,811▲ $277,970
Total Liabilities and Net Assets / Fund Balance$2,291,414$2,643,630▲ $352,216

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,973$23,180$28,153
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Becky KurtzExecutive DirectorFT$121,254$3,654$124,908

Board Members and Trustees

NameTitle
Andy ClarkPast President
Keith GoffPresident
Brian S HarnikVice President
Judy VosslerVice President
Christoph RoshardtDirector
Gerald FogelsonDirector
Scott BaileyDirector
Tom TablerDirector
Phillip K Smith JrSecretary
William PowersTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
PFL Audio LLCAudio/Visual44-489 Town Center Way Ste D-434, Palm Desert, CA 92260$145,706
Keepler Associates IncSpeaker fees3030 Clarendon Blvd, Arlington, VA 22201$125,000
ICM PartnersSpeaker fees10250 Constellation Blvd, Los Angeles, CA 90067$100,000
Leading Authorities IncSpeaker fees1725 Eye St NW Suite 200, Washington, DC 20006$100,000
Revenue and Support

Revenue Composition

Contributions and Grants
$726,150
Program Service Revenue
$974,713
Investment Income
$6,571
Other Revenue
$0
All Other Contributions
$684,750
Change in Net Assets
$264,336

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$25,000Fair Market Value (FMV)
Other Non Cash Contri Table1$15,000Fair Market Value (FMV)
Other Non Cash Contri Table2$8,000Fair Market Value (FMV)
Total Noncash Contributions4$48,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,187,723
Salaries, Compensation, and Employee Benefits$250,625
Total Fundraising Expense$18,311
Grants and Similar Amounts Paid$4,750
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$129,896-$4,753$129,896
Comp Disqual Persons$107,126$11,902-$119,028
Current Officers, Directors, Trustees, and Key Employees$89,906$9,990-$99,896
All Other Expenses$54,592$33,081$1,719$89,392
Advertising$46,427-$11,607$58,034
Occupancy$16,735$5,303-$22,038
Payroll Taxes$16,720$1,858-$18,578
Fees for Services Accounting$6,251$11,609-$17,860
Other Employee Benefits$11,810$1,313-$13,123
Office Expenses$4,043$3,869-$7,912
Insurance$4,603$1,311$232$6,146
Grants to Domestic Orgs$4,250--$4,250
Travel$1,003$3,010-$4,013
Fees for Services Other-$3,578-$3,578
Depreciation Depletion$1,177$784-$1,961
Grants to Domestic Individuals$500--$500
Total Functional Expenses$1,337,179$87,608$18,311$1,443,098
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

The organization's form 990 is reviewed by the current executive director and by the organization's treasurer and president. Upon approval from the treasurer and president, the form 990 is signed by the authorized officer/director and filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest policy is reviewed and enforced by the board on an annual basis.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board reviews compensation of all staff members.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board reviews and approves the compensation of all staff members.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization makes its form 990 available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Desert Forum Inc
EIN
33-0716569
Phone
7606102852
Address
45-200 Club Drive, Indian Wells, CA 92210

Signing Officer

Name
Mr Keith Goff
Title
President
Signed
2019-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Goff
Formed
1996
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
9
Employees
4
Volunteers
40

Preparer

Firm
Solowitz Yeh Certified Public Accountants LLP
Address
71650 Sahara Rd Suite 1, Rancho Mirage, CA 92270
Preparer
Nona S Solowitz
Phone
7604230133
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES

The organization's primary exempt purpose is to further educational and cultural opportunities in the coachella valley area and southern califonia through lecture series and speeches by prominent world leaders. Events are open to the public and to students from local schools.

Form 990, Part I, Line 6 - Unpaid Volunteers

The organization has 40 unpaid volunteers that assist with the lecture series program. No amounts for such donated services are recognized in the financial statements since no objective basis is available (under u.s. Generally accepted accounting principles) to measure the value of such services.

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