Civic Intelligence

Britweek Inc.

990 • Fiscal year 2014 • EIN 33-1206239

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 30, 2015

C/O Ketk 15303 Ventura Blvd No 1040Sherman Oaks, CA 91403

(310) 312-1012

Siviq Scores

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

Liabilities / Assets

88th percentile

0.44x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

0.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

5th percentile

-77%

Higher net margin than 5% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

4th percentile

-76%

Faster asset growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-58%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$54,001

Down $173,547 (-76%) from 2013

Net Assets

Down

$30,182

Down $115,518 (-79%) from 2013

Liabilities

Down

$23,819

Down $58,029 (-71%) from 2013

Revenue

Down

$150,381

Down $211,432 (-58%) from 2013

Expenses

Down

$265,899

Down $52,690 (-17%) from 2013

Net Income

Down

-$115,518

Down $158,742 (-367%) from 2013

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $41,103Liabilities 2010: $52,617Net Assets 2010: -$11,5142010Assets 2011: $57,555Liabilities 2011: $47,647Net Assets 2011: $9,9082011Assets 2012: $242,471Liabilities 2012: $139,995Net Assets 2012: $102,4762012Assets 2013: $227,548Liabilities 2013: $81,848Net Assets 2013: $145,7002013Assets 2014: $54,001Liabilities 2014: $23,819Net Assets 2014: $30,1822014Assets 2015: $66,059Liabilities 2015: $60,000Net Assets 2015: $6,0592015Assets 2016: $33,744Liabilities 2016: $7,202Net Assets 2016: $26,5422016Assets 2017: $1,649Liabilities 2017: $1,557Net Assets 2017: $922017Assets 2018: $41,756Liabilities 2018: $682Net Assets 2018: $41,0742018Assets 2019: $740Liabilities 2019: $873Net Assets 2019: -$1332019Assets 2020: $18,000Liabilities 2020: $27,268Net Assets 2020: -$9,2682020Assets 2021: $17,999Liabilities 2021: $38,996Net Assets 2021: -$20,9972021Assets 2022: $132Liabilities 2022: $31,565Net Assets 2022: -$31,4332022Assets 2023: $0Liabilities 2023: $36,592Net Assets 2023: -$36,5922023Assets 2024: $0Liabilities 2024: $43,295Net Assets 2024: -$43,2952024Assets 2025: $16,482Liabilities 2025: $64,761Net Assets 2025: -$48,2792025

Highlighted filing

2014

Assets$54,001
Liabilities$23,819
Net Assets$30,182

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $277,7072010Expenses 2011: $167,4502011Expenses 2012: $168,0622012Revenue 2013: $361,813Expenses 2013: $318,589Net Income 2013: $43,2242013Revenue 2014: $150,381Expenses 2014: $265,899Net Income 2014: -$115,5182014Revenue 2015: $162,323Expenses 2015: $186,446Net Income 2015: -$24,1232015Revenue 2016: $165,005Expenses 2016: $144,522Net Income 2016: $20,4832016Revenue 2017: $4,350Expenses 2017: $30,800Net Income 2017: -$26,4502017Revenue 2018: $74,224Expenses 2018: $33,242Net Income 2018: $40,9822018Revenue 2019: -$5,131Expenses 2019: $36,076Net Income 2019: -$41,2072019Revenue 2020: $3,979Expenses 2020: $13,114Net Income 2020: -$9,1352020Revenue 2021: $1,244Expenses 2021: $12,973Net Income 2021: -$11,7292021Revenue 2022: $1,000Expenses 2022: $11,436Net Income 2022: -$10,4362022Revenue 2023: $5,000Expenses 2023: $10,159Net Income 2023: -$5,1592023Revenue 2024: $3,000Expenses 2024: $9,703Net Income 2024: -$6,7032024Revenue 2025: $3,750Expenses 2025: $8,734Net Income 2025: -$4,9842025

Highlighted filing

2014

Revenue$150,381
Expenses$265,899
Net Income-$115,518
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 30, 2015
Return Version
2014v5.0
Gross Receipts
$457,299
Mission and Program Overview

Mission

Celebrating british contributions to los angeles

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$207,266$52,576▼ $154,690
Rtn Earn Endowment Incm Other Fnds$145,700$30,182▼ $115,518
Pledges and Grants Receivable$15,000--
Prepaid Expenses and Deferred Charges$3,857--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$227,548$54,001▼ $173,547
Other Assets Total$1,425$1,425→ $0
Liabilities
Deferred Revenue$66,782$23,800▼ $42,982
Accounts Payable and Accrued Expenses$15,066$19▼ $15,047
Total Liabilities$81,848$23,819▼ $58,029
Net Assets / Fund Balance
Total Net Assets Fund Balance$145,700$30,182▼ $115,518
Total Liabilities and Net Assets / Fund Balance$227,548$54,001▼ $173,547
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$88,100
Investment Income
$0
Other Revenue
$62,281
Change in Net Assets
$-115,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$131,560
Other Expenses$125,339
Grants and Similar Amounts Paid$9,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$120,000-$120,000
Advertising-$56,976-$56,976
Office Expenses-$17,536-$17,536
Occupancy-$11,175-$11,175
Information Technology-$10,080-$10,080
Grants to Domestic Orgs$9,000--$9,000
Payroll Taxes-$6,993-$6,993
Travel-$6,451-$6,451
Fees for Services Other-$6,210-$6,210
Other Employee Benefits-$4,567-$4,567
All Other Expenses-$1,247-$1,247
Other Expenses-$1,247-$1,247
Total Functional Expenses$9,000$256,899$0$265,899
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hobart ShakespeareansLos Angeles, CA501(c)(3)Improving the Quality of Life for Economically Disadvantged Children$5,000
Innercity Shakespeare EnsembleBeverly Hills, CA501(c)(3)Bringing At-risk Students Into the World of Theatre$4,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$369,199
Fundraising Direct Expenses$306,918
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Business Innovation Awards$96,122$96,122$17,508$78,614
Launch$72,927$72,927$31,227$41,700
Total Events$369,199$369,199$306,918$62,281
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 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, Part VI, Section A, Line 2

Form 990, part vi, sec. A, line 2: directors bob pierce and sharon harroun pierce are husband and wife.

Form 990, Part VI, Section B, Line 11

The organization distributes copies marked "draft" to all members of the governing body at least one week prior to filing. Members of the governing body are required to submit questions or comments within 48 hours.

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

The organization regularly (quarterly board meetings) discusses and monitors compliance with their conflict of interest policy.

Form 990, Part VI, Section C, Line 19

Documents are made available for public inquiry at the office of the organization during regular business hours.

Filing and Contact Details

Filer

Filer Name
Britweek
EIN
33-1206239
Phone
3103121012
Address
C/O KETK 15303 VENTURA BLVD NO 1040, SHERMAN OAKS, CA 91403

Signing Officer

Name
Michael Krycler
Title
Treasurer
Phone
8189951040
Signed
2015-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Peirce
Formed
2008
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
2
Volunteers
0

Preparer

Firm
Krycler Ervin Taubman & Kaminsky
Address
15303 VENTURA BLVD SUITE 1040, SHERMAN OAKS, CA 91403-3110
Preparer
Jeff Taubman
Phone
8189951040
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt088100
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0145700
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt030182
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt088100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0306900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0160000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0148000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0139238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0842238
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0842238
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt088100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0306900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0160000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0148000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0139238
IRS990ScheduleA/Total509Grp/TotalAmt0842238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt088100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0306900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0160000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0148000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0139238
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0842238
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0306918
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt015150
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt04700
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt019850
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LAUNCH
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BUSINESS INNOVATION AWARDS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt028685
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt01435
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt030120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt072927
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt096122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0200150
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0369199
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt072927
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt096122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0200150
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0369199
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt062281
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0158194
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0206929
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt031227
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt017508
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt08
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt020295
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt012693
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt017031
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt050019
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt04000
IRS990ScheduleI/RecipientTable/CashGrantAmt15000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BRINGING AT-RISK STUDENTS INTO THE WORLD OF THEATRE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1IMPROVING THE QUALITY OF LIFE FOR ECONOMICALLY DISADVANTGED CHILDREN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0INNERCITY SHAKESPEARE ENSEMBLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1HOBART SHAKESPEAREANS
IRS990ScheduleI/RecipientTable/RecipientEIN0463703073
IRS990ScheduleI/RecipientTable/RecipientEIN1954782095
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01666 N BEVERLY DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1980 S HOBART BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BEVERLY HILLS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd090210
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd190039
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, SEC. A, LINE 2: DIRECTORS BOB PIERCE AND SHARON HARROUN PIERCE ARE HUSBAND AND WIFE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DISTRIBUTES COPIES MARKED "DRAFT" TO ALL MEMBERS OF THE GOVERNING BODY AT LEAST ONE WEEK PRIOR TO FILING. MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO SUBMIT QUESTIONS OR COMMENTS WITHIN 48 HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY (QUARTERLY BOARD MEETINGS) DISCUSSES AND MONITORS COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE FOR PUBLIC INQUIRY AT THE OFFICE OF THE ORGANIZATION DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0227548
IRS990/TotalAssetsEOYAmt054001
IRS990/TotalAssetsGrp/BOYAmt0227548
IRS990/TotalAssetsGrp/EOYAmt054001
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0256899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0265899
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081848
IRS990/TotalLiabilitiesEOYAmt023819
IRS990/TotalLiabilitiesGrp/BOYAmt081848
IRS990/TotalLiabilitiesGrp/EOYAmt023819
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0145700
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030182
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt09000
IRS990/TotalProgramServiceRevenueAmt088100
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt062281
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt088100
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0150381
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0227548

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.16$0.65$0.48$0.04$0.09$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.43$0.43$0.03$0.10$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.37$0.37$0.05$0.10$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.32$0.31$0.01$0.11$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.18$0.39$0.21$0.01$0.13$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.27$0.09$0.04$0.13$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.00$0.05$0.36$0.41
2018Detailed filing. Detailed filing data is available for this year.$0.42$0.01$0.41$0.74$0.33$0.41
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$0.04$0.31$0.26
2016Detailed filing. Detailed filing data is available for this year.$0.34$0.07$0.27$1.65$1.45$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.60$0.06$1.62$1.86$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.24$0.30$1.50$2.66$1.16
2013Detailed filing. Detailed filing data is available for this year.$2.28$0.82$1.46$3.62$3.19$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$1.40$1.02$1.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.48$0.10$1.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.53$0.12$2.78