Civic Intelligence

Britweek Inc.

990 • Fiscal year 2016 • EIN 33-1206239

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 24, 2017

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

83rd percentile

0.21x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.04x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

9th percentile

-49%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

52nd percentile

1.7%

Faster revenue growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$33,744

Down $32,315 (-49%) from 2015

Net Assets

Up

$26,542

Up $20,483 (+338%) from 2015

Liabilities

Down

$7,202

Down $52,798 (-88%) from 2015

Revenue

Up

$165,005

Up $2,682 (+1.7%) from 2015

Expenses

Down

$144,522

Down $41,924 (-22%) from 2015

Net Income

Up

$20,483

Up $44,606 (+185%) from 2015

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

2016

Assets$33,744
Liabilities$7,202
Net Assets$26,542

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

2016

Revenue$165,005
Expenses$144,522
Net Income$20,483
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 24, 2017
Return Version
2016v3.0
Gross Receipts
$392,915
Mission and Program Overview

Mission

Celebrating british contributions to los angeles

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,121$33,744▼ $22,377
Rtn Earn Endowment Incm Other Fnds$6,059$26,542▲ $20,483
Prepaid Expenses and Deferred Charges$5,000$0▼ $5,000
Accounts Receivable$3,513$0▼ $3,513
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$66,059$33,744▼ $32,315
Other Assets Total$1,425$0▼ $1,425
Liabilities
Deferred Revenue$60,000$0▼ $60,000
Accounts Payable and Accrued Expenses-$7,202-
Total Liabilities$60,000$7,202▼ $52,798
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,059$26,542▲ $20,483
Total Liabilities and Net Assets / Fund Balance$66,059$33,744▼ $32,315
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$88,390
Investment Income
$0
Other Revenue
$76,615
Change in Net Assets
$20,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$107,651
Salaries, Compensation, and Employee Benefits$36,871
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising-$35,292-$35,292
Other Salaries and Wages-$31,875-$31,875
Fees for Services Other-$25,777-$25,777
Office Expenses-$12,249-$12,249
Occupancy-$9,767-$9,767
Insurance-$6,283-$6,283
Conferences and Meetings-$5,412-$5,412
Information Technology-$4,400-$4,400
Payroll Taxes-$3,143-$3,143
Travel-$2,509-$2,509
Other Employee Benefits-$1,853-$1,853
Other Expenses-$105-$105
All Other Expenses-$19-$19
Total Functional Expenses$0$144,522$0$144,522
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$304,525
Fundraising Direct Expenses$227,910
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Business Innovation Awards$101,300$101,300$1,584$99,716
Gala$93,125$93,125$116,513$-23,388
Total Events$304,525$304,525$227,910$76,615
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 11B

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
2017-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Peirce
Formed
2008
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
0

Preparer

Firm
Krycler Ervin Taubman & Kaminsky
Address
15303 VENTURA BLVD SUITE 1040, SHERMAN OAKS, CA 91403-3110
Preparer
Jeff Taubman
Phone
8189951040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside services: program service expenses 0. Management and general expenses 25,777. Fundraising expenses 0. Total expenses 25,777.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt078658
IRS990/PYOtherRevenueAmt073863
IRS990/PYProgramServiceRevenueAmt088460
IRS990/PYRevenuesLessExpensesAmt0-24123
IRS990/PYSalariesCompEmpBnftPaidAmt0107788
IRS990/PYTotalExpensesAmt0186446
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0162323
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt020483
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt088390
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt06059
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt026542
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt088390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt088460
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt088100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0306900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0160000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0731850
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0731850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt088390
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt088460
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt088100
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0306900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0160000
IRS990ScheduleA/Total509Grp/TotalAmt0731850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt088390
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt088460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt088100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0306900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0160000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0731850
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0227910
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04600
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt0756
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt05356
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BUSINESS INNOVATION AWARDS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02600
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt09176
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt011776
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt093125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0101300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0110100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0304525
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt093125
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0101300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0110100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0304525
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt076615
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt078556
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0196653
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0116513
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01584
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt014125
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014125
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/ExplanationTxt4OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,777. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,777.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt066059
IRS990/TotalAssetsEOYAmt033744
IRS990/TotalAssetsGrp/BOYAmt066059
IRS990/TotalAssetsGrp/EOYAmt033744
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0144522
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0144522
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt060000
IRS990/TotalLiabilitiesEOYAmt07202
IRS990/TotalLiabilitiesGrp/BOYAmt060000
IRS990/TotalLiabilitiesGrp/EOYAmt07202
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06059
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt026542
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt088390
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt076615
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt088390
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0165005
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt066059
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt033744
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02509
IRS990/TravelGrp/TotalAmt02509

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