Civic Intelligence

The Melissa Marantz Nealy Foundation

EIN 35-2303167 • 501(c)3 • Los Angeles, CA

Profile

The foundation's giving is directed to the jewish community and the community at large to benefit programs and institutions which have an emphasis on health, social services, and jewish causes.

6505 Wilshire Blvd 1200Los Angeles, CA 90048

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.05x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

2.97x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-372%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

98th percentile

$534,094

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 2993.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

28th percentile

-3.5%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,011,597

Down $37,214 (-3.5%) from 2015

Liabilities

Down

$52,997

Down $10,079 (-16%) from 2015

Net Assets

Down

$958,600

Down $27,135 (-2.8%) from 2015

Revenue

Down

$17,842

Down $187,932 (-91%) from 2015

Expenses

Down

$84,157

Down $15,909 (-16%) from 2015

Net Income

Down

-$66,315

Down $172,023 (-163%) from 2015

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2014: $969,301Liabilities 2014: $67,570Net Assets 2014: $901,7312014Assets 2015: $1,048,811Liabilities 2015: $63,076Net Assets 2015: $985,7352015Assets 2016: $1,011,597Liabilities 2016: $52,997Net Assets 2016: $958,6002016

Highlighted filing

2016

Assets$1,011,597
Liabilities$52,997
Net Assets$958,600

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $17,324Expenses 2014: $82,080Net Income 2014: -$64,7562014Revenue 2015: $205,774Expenses 2015: $100,066Net Income 2015: $105,7082015Revenue 2016: $17,842Expenses 2016: $84,157Net Income 2016: -$66,3152016

Highlighted filing

2016

Revenue$17,842
Expenses$84,157
Net Income-$66,315

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 2, 2017
Return Version
2016v3.1
Gross Receipts
$90,946
Mission and Program Overview

Mission

The foundation's giving is directed to the jewish community and the community at large to benefit programs and institutions which have an emphasis on health, social services, and jewish causes.

Giving is directed to the jewish community & the community at large to benefit programs & institutions which have an emphasis on health, social services, & jewish causes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$952,413$918,489▼ $33,924
Investments in Publicly Traded Securities$50,000$50,000→ $0
Savings and Temporary Cash Investments$46,398$43,108▼ $3,290
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,048,811$1,011,597▼ $37,214
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$50,500$40,500▼ $10,000
Other Liabilities$12,576$12,497▼ $79
Accounts Payable and Accrued Expenses$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$63,076$52,997▼ $10,079
Net Assets / Fund Balance
Unrestricted Net Assets$985,735$958,600▼ $27,135
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$985,735$958,600▼ $27,135
Total Liabilities and Net Assets / Fund Balance$1,048,811$1,011,597▼ $37,214

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$918,489--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Fay AlthausenTreasurer$106,828$106,828

Board Members and Trustees

NameTitle
Eric LevinePresident
Joan Ellen MarantzDirector/vice President
Sidney MarantzDirector/vice President
Wendy Marantz LevineDirector/vice President
David CarrollVice President
Lynn BiderDirector
Mark LainerDirector
Martin KozbergDirector
Marvin SchotlandDirector/secretary
Susan MattisinkoAssistant Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$17,842
Other Revenue
$0
Change in Net Assets
$-66,315
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$79,187
Other Expenses$4,970
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$78,187--$78,187
Fees for Services Accounting-$3,190-$3,190
Insurance-$1,700-$1,700
Foreign Grants$1,000--$1,000
Other Expenses-$80-$80
Total Functional Expenses$79,187$4,970$0$84,157
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jewish Community Foundation of LALos Angeles, CA501(c)(3)General Support$30,076
Beauty Bus FoundationSanta Monica, CA501(c)(3)General Support$29,000
Amyotrophic Lateral Sclerosis AssociationAmber, PA501(c)(3)General Support$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Jewish Community Foundation$12,497
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VII

All compensated officers work for jewish community foundation and as such are compensated by jewish community foundation for their services. The jewish community foundation's compensation committee reviews and approves executive managers' compensation. Other directors are volunteers and as such are not compensated for their services. Form 990, part ix, line 1 and 3; schedule a, part i, and schedule i, part ii amounts reported on part ix, line 1 and 3 represent grants and contributions expense accrued for gaap purposes in the organization's books and records. Amounts reported on schedule a, part i and schedule i, part ii represent grants and contributions paid during the year.

Filing and Contact Details

Filer

Filer Name
The Melissa Marantz Nealy Foundation
EIN
35-2303167
In Care Of
% DAVID CARROLL
Phone
3237618700
Address
6505 WILSHIRE BLVD 1200, LOS ANGELES, CA 90048

Signing Officer

Name
Sidney Marantz
Title
vice president
Signed
2017-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Levine
Formed
2007
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
4370 LA JOLLA VILLAGE DR SUITE 500, SAN DIEGO, CA 92122
Preparer
Jocelyne Miller
Phone
8585357200
Supplemental Narrative

Additional Explanations

Family or Business Relationships

Form 990, part vi, line 2 sidney marantz, joan ellen marantz, eric levine and wendy marantz levine have a family relationship.

Description of Classes of Person and the Nature of Their Rights

Form 990, part vi, line 7 a the jewish community foundation of the jewish federation council of greater los angeles (jewish community foundation), the supported organization, has the authority to elect the majority of the governing board.

Committee With Authority to Act on Behalf of Governing Body

Form 990, part vi, line 8 b the organization had no committees with authority to act on behalf of the governing body.

Form 990 Review Process

Form 990, part vi, line 11 b the form 990 is compiled by jewish community foundation's tax accounting firm and reviewed by the jewish community foundation accounting staff and senior vp of finance and administration before being e-mailed to the board and subsequently filed.

Description of Process to Monitor Transactions for Conflicts of Interest

Form 990, part vi, line 12 c the organization's written conflict of interest policy is sent to and requires officers, directors, and committee members to disclose, on an ongoing basis (e.g., annually), potential conflicts for themselves and their family members. The president/ceo and cfo of jewish community foundation, a related organization, review any disclosed conflicts and submit actual or potential conflicts to the board of the jewish community foundation for review.

Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts to Gen Public

Form 990, part vi, line 19 the governing documents, conflict of interest policy and financial statements are available to the public upon request.

Form 990, Part XII, Line 2 C

Jewish community foundation's audit committee assumes responsibility for oversight of the consolidated audit and selects an independent auditor on behalf of the foundation.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Melissa Marantz Nealy Foundation is a Type I supporting organization which operates under the close supervision and control of its supported organization, Jewish Community Foundation of the Jewish Federation Council of Greater Los Angeles (JCF). A majority of The Melissa Marantz Nealy Foundation's board of directors is designated by JCF. The Melissa Marantz Nealy Foundation provides grants and contributions to charitable organizations in furtherance of JCF's mission. The Melissa Marantz Nealy Foundation only provides grants to public charities as described in Internal Revenue Code Section 501(c)(3) and 170(b)(1)(A) (other than clause VII) as stated in The Melissa Marantz Nealy Foundation's bylaws. All grants made are approved by the board of The Melissa Marantz Nealy Foundation, the majority of directors are designated by JCF. Once a grant is approved by the board, the check is written and signed by a board member of The Melissa Marantz Nealy Foundation, as well as by an officer of JCF or the JCF Support Foundation Account Executive, who is also an officer of The Melissa Marantz Nealy Foundation.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part IV, Section A, Line 6
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JEWISH COMMUNITY FOUNDATION
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO JEWISH COMMUNITY FOUNDATION
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IRS990ScheduleD/OtherSecuritiesGrp/Desc0COMMON INVESTMENT POOL
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2General Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Amyotrophic Lateral Sclerosis Association
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Jewish Community Foundation of LA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Beauty Bus Foundation
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IRS990ScheduleI/RecipientTable/RecipientEIN2263075655
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0321 Norristown Rd Ste 260
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16505 Wilshire Blvd 1200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22716 Ocean Park Blvd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Amber
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Los Angeles
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Santa Monica
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHEDULE I, PART I, LINE 2 THE MAJORITY OF GRANTS ISSUED BY THE ORGANIZATION ARE FOR GENERAL OPERATIONS FOR THE PERIOD OF ONE YEAR. WHEN THE ORGANIZATION ISSUES A MULTI-YEAR GRANT FOR A SPECIFIED PURPOSE, A GRANT AGREEMENT IS PREPARED BETWEEN THE ORGANIZATION AND THE GRANTEE DETAILING BENCHMARKS THAT MUST BE ACHIEVED BY THE GRANTEE. THE AGREEMENT IS MONITORED AND THE GRANTEE MUST SHOW FULFILLMENT OF BENCHMARKS WITH A WRITTEN REPORT PRIOR TO RECEIVING THE NEXT INSTALLMENT OF THE GRANT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN THE US
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