Civic Intelligence

Desert Forum Inc.

990 • Fiscal year 2021 • EIN 33-0716569

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 15, 2021

78365 Hwy 111 398La Quinta, CA 92253

(760) 610-2852

Siviq Scores

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

Liabilities / Assets

75th percentile

0.30x

Higher debt load relative to assets than 75% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

8.95x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

1st percentile

-305%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

74th percentile

$111,426

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 134.5% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

33rd percentile

2.1%

Faster asset growth than 33% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,466,326

Up $49,801 (+2.1%) from 2020

Net Assets

Up

$1,724,661

Up $26,555 (+1.6%) from 2020

Liabilities

Up

$741,665

Up $23,246 (+3.2%) from 2020

Revenue

Down

$82,852

Down $850,007 (-91%) from 2020

Expenses

Down

$335,596

Down $671,173 (-67%) from 2020

Net Income

Down

-$252,744

Down $178,834 (-242%) from 2020

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

2021

Assets$2,466,326
Liabilities$741,665
Net Assets$1,724,661

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

2021

Revenue$82,852
Expenses$335,596
Net Income-$252,744
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$82,852
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,110,810$1,413,848▲ $303,038
Cash and Non-Interest-Bearing Accounts$1,037,470$729,201▼ $308,269
Prepaid Expenses and Deferred Charges$187,716$237,755▲ $50,039
Pledges and Grants Receivable$37,525$44,500▲ $6,975
Land, Buildings, and Equipment, Net$9,254$7,271▼ $1,983
Savings and Temporary Cash Investments-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,416,525$2,466,326▲ $49,801
Other Assets Total$33,750$33,750→ $0
Liabilities
Deferred Revenue$681,463$731,463▲ $50,000
Other Liabilities$20,000--
Accounts Payable and Accrued Expenses$16,956$10,202▼ $6,754
Total Liabilities$718,419$741,665▲ $23,246
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,673,106$1,699,661▲ $26,555
Net Assets With Donor Restrictions$25,000$25,000→ $0
Total Net Assets Fund Balance$1,698,106$1,724,661▲ $26,555
Total Liabilities and Net Assets / Fund Balance$2,416,525$2,466,326▲ $49,801

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,271$22,199$29,470
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Becky KurtzExecutive DirectorFT$109,848$1,578$111,426

Board Members and Trustees

NameTitle
Andy ClarkPast President
Keith GoffPresident
Brian S HarnikVice President
Judy VosslerVice President
Christoph RoshardtDirector
Gerald FogelsonDirector
Scott BaileyDirector
Phillip K Smith JrSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$0
Investment Income
$22,802
Other Revenue
$55,050
All Other Contributions
$5,000
Change in Net Assets
$-252,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$190,821
Other Expenses$129,775
Grants and Similar Amounts Paid$15,000
Total Fundraising Expense$4,366
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$109,848-$109,848
Other Salaries and Wages-$58,392-$58,392
Occupancy-$17,558-$17,558
Grants to Domestic Orgs$15,000--$15,000
Payroll Taxes-$13,739-$13,739
Fees for Services Accounting-$13,373-$13,373
Fees for Service Investment Mgmnt Fees-$13,160-$13,160
Advertising$8,622-$2,156$10,778
Other Employee Benefits-$7,830-$7,830
Insurance-$3,933-$3,933
Information Technology-$3,812-$3,812
Fees for Services Other-$3,765-$3,765
All Other Expenses$1,551-$2,144$3,695
Office Expenses-$3,421-$3,421
Other Expenses$1,660$487$66$2,213
Depreciation Depletion-$1,983-$1,983
Pension Plan Contributions-$1,012-$1,012
Payment Travel Entrtnmnt Publicly Ofcl-$557-$557
Conferences and Meetings-$333-$333
Total Functional Expenses$73,658$257,572$4,366$335,596
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Independence FundCharlotte, NCC3grant$15,000
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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, governing documents, policies and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Desert Forum Inc
EIN
33-0716569
Phone
7606102852
Address
78365 Hwy 111 398, La Quinta, CA 92253

Signing Officer

Name
Mr Keith Goff
Title
President
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Goff
Formed
1996
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
43

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 43 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.

Form 990, Schedule IX

Due to the pandemic there was no program service revenue during the fiscal year ending 6.30.2021. All functional expenses were allocated to management and general except those specificially related to program services and fundraising. Program service expenses included refunds, speaker fees, credit card processing fees, advertising, and marketing. Fundraising expenses included sponsor books/tapes, advertising and marketing, and credit card processing fees.the organization expects to allocate other functional expenses to program service in future years as program services commence.

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IRS990/ProgSrvcAccomActy2Grp/Desc0YOUTH AMBASSADOR PROGRAM - THIS PROGRAM ENABLES STUDENTS FROM LOCAL AREA SCHOOLS TO ATTEND SPEECHES AND LECTURES GIVEN BY PROMINENT CIVIC AND WORLD LEADERS. IT EXPANDS THE STUDENTS' INTELLECTUAL HORIZONS AND EXPOSES THEM TO LEADERS WHO WILL SERVE AS THEIR ROLE MODELS.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0grant
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE INDEPENDENCE FUND
IRS990ScheduleI/RecipientTable/RecipientEIN0260322088
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt08349 ARROWRIDGE BLVD STE R
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHARLOTTE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY IS REVIEWED AND ENFORCED BY THE BOARD ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS COMPENSATION OF ALL STAFF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF ALL STAFF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS FORM 990, GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

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