Civic Intelligence

Eo Orange County

990 • Fiscal year 2023 • EIN 33-0960182

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

4521 Campus Drive 272Irvine, CA 92612

(951) 698-6848

Siviq Scores

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

Liabilities / Assets

81st percentile

0.43x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.23x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

66th percentile

12%

Faster asset growth than 66% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

80th percentile

40%

Faster revenue growth than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$777,414

Up $81,415 (+12%) from 2022

Net Assets

Down

$441,935

Down $172,570 (-28%) from 2022

Liabilities

Up

$335,479

Up $253,985 (+312%) from 2022

Revenue

Up

$1,434,962

Up $409,114 (+40%) from 2022

Expenses

Up

$1,629,723

Up $921,184 (+130%) from 2022

Net Income

Down

-$194,761

Down $512,070 (-161%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $63,299Liabilities 2014: $0Net Assets 2014: $63,2992014Assets 2015: $147,166Liabilities 2015: $0Net Assets 2015: $147,1662015Assets 2016: $208,900Liabilities 2016: $791Net Assets 2016: $208,1092016Assets 2018: $221,934Liabilities 2018: $28,445Net Assets 2018: $193,4892018Assets 2019: $299,136Liabilities 2019: $72,245Net Assets 2019: $226,8912019Assets 2020: $347,325Liabilities 2020: $45,159Net Assets 2020: $302,1662020Assets 2021: $518,215Liabilities 2021: $221,019Net Assets 2021: $297,1962021Assets 2022: $695,999Liabilities 2022: $81,494Net Assets 2022: $614,5052022Assets 2023: $777,414Liabilities 2023: $335,479Net Assets 2023: $441,9352023Assets 2024: $742,547Liabilities 2024: $401,623Net Assets 2024: $340,9242024

Highlighted filing

2023

Assets$777,414
Liabilities$335,479
Net Assets$441,935

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $273,591Expenses 2014: $222,167Net Income 2014: $51,4242014Revenue 2015: $360,505Expenses 2015: $276,638Net Income 2015: $83,8672015Revenue 2016: $390,640Expenses 2016: $329,697Net Income 2016: $60,9432016Revenue 2018: $428,839Expenses 2018: $449,749Net Income 2018: -$20,9102018Revenue 2019: $446,425Expenses 2019: $413,023Net Income 2019: $33,4022019Revenue 2020: $478,070Expenses 2020: $402,795Net Income 2020: $75,2752020Revenue 2021: $480,328Expenses 2021: $485,298Net Income 2021: -$4,9702021Revenue 2022: $1,025,848Expenses 2022: $708,539Net Income 2022: $317,3092022Revenue 2023: $1,434,962Expenses 2023: $1,629,723Net Income 2023: -$194,7612023Revenue 2024: $1,010,832Expenses 2024: $1,111,843Net Income 2024: -$101,0112024

Highlighted filing

2023

Revenue$1,434,962
Expenses$1,629,723
Net Income-$194,761
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$1,434,962
Mission and Program Overview

Mission

To engage leading entrepreneurs to learn and grow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$596,267$777,414▲ $181,147
Savings and Temporary Cash Investments$99,732--
Total Assets$695,999$777,414▲ $81,415
Liabilities
Accounts Payable and Accrued Expenses$81,394$335,479▲ $254,085
Unsecured Notes Loans Payable$100--
Total Liabilities$81,494$335,479▲ $253,985
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$614,505$441,935▼ $172,570
Total Net Assets Fund Balance$614,505$441,935▼ $172,570
Total Liabilities and Net Assets / Fund Balance$695,999$777,414▲ $81,415
Compensation and Service Providers

Board Members and Trustees

NameTitle
Todd AushermanAccelerator Chair
Paul BresendenCommunications Chair
Eric CodornizFinance Chair
Dan BerzanskyForum Chair
Lan PhamGsea Chair
Naomi ThomasLearning Chair
Fletcher WimbushMembership Chair
Nicolas SzczedrinMyeo Chair
Ryan BrownSponsorship Chair
Rydan CasePresident
Steve WilkesPresident-elect
Michelle DoanMember Engagement
Heidi CodornizSpousal Representative
Revenue and Support

Revenue Composition

Contributions and Grants
$874,174
Program Service Revenue
$556,679
Investment Income
$4,109
Other Revenue
$0
All Other Contributions
$318,618
Change in Net Assets
$-194,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,549,954
Salaries, Compensation, and Employee Benefits$74,769
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$68,176$97,082-$165,258
All Other Expenses$53,806$18,775-$72,581
Other Salaries and Wages$55,675$13,919-$69,594
Other Expenses$59,497$1,927-$59,497
Office Expenses-$12,031-$12,031
Fees for Services Accounting-$7,513-$7,513
Payroll Taxes$4,140$1,035-$5,175
Grants to Domestic Individuals$5,000--$5,000
Insurance-$3,023-$3,023
Total Functional Expenses$1,474,418$155,305$0$1,629,723
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
Backup withholding compliance
Yes
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
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, Part VI, Section A, Line 6

Membership in eooc is open to any individual that meets the membership criteria set forth by eo global and any additions thereto set forth in the then applicable eooc policies and procedures document.

Form 990, Part VI, Section A, Line 7A

The board of directors of eooc is elected by a majority vote by the members.

Form 990, Part VI, Section B, Line 11B

Procedures - board members review of form 990 the board members shall have the responsibility for reviewing the organization's form 990 (including all pertinent schedules) before it is filed with the internal revenue service. A draft of the form 990 should be ready for review by the board members prior to the filing deadline. After the draft of the form 990 has been obtained by the board members, they will have no more than two weeks to complete their review. In conducting their review of the draft of the form 990, it is preferred that the board members shall conduct a top-level or big-picture type of review. However, if the board members desires or deems it necessary to conduct a more detailed review of the form 990, then they should contact the preparer of the form 990 to request copies of the relevant detailed tax return workpapers which they would like to see. All of the questions, comments, and suggested revisions set forth by the board members should be documented, along with any responses from the preparer of the form 990, if applicable.

Form 990, Part VI, Section B, Line 12C

The policy is discussed annually at the board of directors meeting.

Form 990, Part VI, Section B, Line 15A

The board of directors annually reviews compensation for all employees using industry data and comparable data from other chapters and eo global.

Form 990, Part VI, Section C, Line 19

The organization currently does not make its financial statements or conflict of interest policy available to the general public. Procedures - public inspection of documents the following organizational documents will be available (for inspection or copying) at the organization's main office during normal business hours at no charge: -eo global internal revenue service determination letter -articles of incorporation -by-laws the public inspection copy of the organization's form 990, from the previous three years (at a minimum), will be available (for inspection or copying) at the organization's main office during normal business hours at no charge. The public inspection copy of the form 990 will not include the schedule a excess contributors or the schedule b names and addresses of contributors. The organization will make best efforts to ensure that the forms 990 held at their main office are the most updated versions of such. For example, in the instance where a form 990 has been amended, the amended version of the form 990 should be the one available for public inspection. When responding to a public inspection request for any organizational document or form 990 by anyone, the organization shall fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request.

Filing and Contact Details

Filer

Filer Name
Eo Orange County
EIN
33-0960182
Phone
9516986848
Address
4521 CAMPUS DRIVE 272, IRVINE, CA 92612

Signing Officer

Name
Paul Bresenden
Title
Finance Chair
Phone
9516986848
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rydan Case
Formed
2001
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
130

Preparer

Firm
Beach Freeman Lim & Cleland Llp
Address
861 PARKVIEW DR N SUITE 200, EL SEGUNDO, CA 90245
Preparer
Steve Cleland
Phone
3104471234
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP IN EOOC IS OPEN TO ANY INDIVIDUAL THAT MEETS THE MEMBERSHIP CRITERIA SET FORTH BY EO GLOBAL AND ANY ADDITIONS THERETO SET FORTH IN THE THEN APPLICABLE EOOC POLICIES AND PROCEDURES DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS OF EOOC IS ELECTED BY A MAJORITY VOTE BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROCEDURES - BOARD MEMBERS REVIEW OF FORM 990 THE BOARD MEMBERS SHALL HAVE THE RESPONSIBILITY FOR REVIEWING THE ORGANIZATION'S FORM 990 (INCLUDING ALL PERTINENT SCHEDULES) BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A DRAFT OF THE FORM 990 SHOULD BE READY FOR REVIEW BY THE BOARD MEMBERS PRIOR TO THE FILING DEADLINE. AFTER THE DRAFT OF THE FORM 990 HAS BEEN OBTAINED BY THE BOARD MEMBERS, THEY WILL HAVE NO MORE THAN TWO WEEKS TO COMPLETE THEIR REVIEW. IN CONDUCTING THEIR REVIEW OF THE DRAFT OF THE FORM 990, IT IS PREFERRED THAT THE BOARD MEMBERS SHALL CONDUCT A TOP-LEVEL OR BIG-PICTURE TYPE OF REVIEW. HOWEVER, IF THE BOARD MEMBERS DESIRES OR DEEMS IT NECESSARY TO CONDUCT A MORE DETAILED REVIEW OF THE FORM 990, THEN THEY SHOULD CONTACT THE PREPARER OF THE FORM 990 TO REQUEST COPIES OF THE RELEVANT DETAILED TAX RETURN WORKPAPERS WHICH THEY WOULD LIKE TO SEE. ALL OF THE QUESTIONS, COMMENTS, AND SUGGESTED REVISIONS SET FORTH BY THE BOARD MEMBERS SHOULD BE DOCUMENTED, ALONG WITH ANY RESPONSES FROM THE PREPARER OF THE FORM 990, IF APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE POLICY IS DISCUSSED ANNUALLY AT THE BOARD OF DIRECTORS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS ANNUALLY REVIEWS COMPENSATION FOR ALL EMPLOYEES USING INDUSTRY DATA AND COMPARABLE DATA FROM OTHER CHAPTERS AND EO GLOBAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION CURRENTLY DOES NOT MAKE ITS FINANCIAL STATEMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC. PROCEDURES - PUBLIC INSPECTION OF DOCUMENTS THE FOLLOWING ORGANIZATIONAL DOCUMENTS WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE: -EO GLOBAL INTERNAL REVENUE SERVICE DETERMINATION LETTER -ARTICLES OF INCORPORATION -BY-LAWS THE PUBLIC INSPECTION COPY OF THE ORGANIZATION'S FORM 990, FROM THE PREVIOUS THREE YEARS (AT A MINIMUM), WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS AT NO CHARGE. THE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE THE SCHEDULE A EXCESS CONTRIBUTORS OR THE SCHEDULE B NAMES AND ADDRESSES OF CONTRIBUTORS. THE ORGANIZATION WILL MAKE BEST EFFORTS TO ENSURE THAT THE FORMS 990 HELD AT THEIR MAIN OFFICE ARE THE MOST UPDATED VERSIONS OF SUCH. FOR EXAMPLE, IN THE INSTANCE WHERE A FORM 990 HAS BEEN AMENDED, THE AMENDED VERSION OF THE FORM 990 SHOULD BE THE ONE AVAILABLE FOR PUBLIC INSPECTION. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 BY ANYONE, THE ORGANIZATION SHALL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE PUBLIC INSPECTION REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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