Civic Intelligence

Sebastian Health Trust

990 • Fiscal year 2015 • EIN 36-7660664

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 21, 2017

7600 N PalmFresno, CA 93711

(559) 846-4953

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.02x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

54th percentile

0.00x

Higher debt load relative to revenue than 54% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2015 filings • 501(c)9 • $500k-$1M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$107,322

No earlier filing loaded for comparison.

Net Assets

$105,390

No earlier filing loaded for comparison.

Liabilities

$1,932

No earlier filing loaded for comparison.

Revenue

$683,131

No earlier filing loaded for comparison.

Expenses

$577,741

No earlier filing loaded for comparison.

Net Income

$105,390

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $107,322Liabilities 2015: $1,932Net Assets 2015: $105,3902015Assets 2016: $134,889Liabilities 2016: $0Net Assets 2016: $134,8892016Assets 2017: $216,682Liabilities 2017: $0Net Assets 2017: $216,6822017Assets 2018: $346,310Liabilities 2018: $66,405Net Assets 2018: $279,9052018Assets 2019: $527,230Liabilities 2019: $71,695Net Assets 2019: $455,5352019Assets 2020: $494,992Liabilities 2020: $62,231Net Assets 2020: $432,7612020Assets 2021: $474,824Liabilities 2021: $0Net Assets 2021: $474,8242021Assets 2022: $807,032Liabilities 2022: $428,883Net Assets 2022: $378,1492022Assets 2023: $440,059Liabilities 2023: $0Net Assets 2023: $440,0592023Assets 2024: $414,760Liabilities 2024: $19,865Net Assets 2024: $394,8952024

Highlighted filing

2015

Assets$107,322
Liabilities$1,932
Net Assets$105,390

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $683,131Expenses 2015: $577,741Net Income 2015: $105,3902015Revenue 2016: $680,776Expenses 2016: $651,277Net Income 2016: $29,4992016Revenue 2017: $829,013Expenses 2017: $747,220Net Income 2017: $81,7932017Revenue 2018: $1,003,824Expenses 2018: $940,601Net Income 2018: $63,2232018Revenue 2019: $1,277,889Expenses 2019: $1,102,259Net Income 2019: $175,6302019Revenue 2020: $1,015,866Expenses 2020: $1,098,412Net Income 2020: -$82,5462020Revenue 2021: $922,552Expenses 2021: $867,882Net Income 2021: $54,6702021Revenue 2022: $970,631Expenses 2022: $1,067,306Net Income 2022: -$96,6752022Revenue 2023: $654,151Expenses 2023: $592,241Net Income 2023: $61,9102023Revenue 2024: $681,357Expenses 2024: $739,129Net Income 2024: -$57,7722024

Highlighted filing

2015

Revenue$683,131
Expenses$577,741
Net Income$105,390
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 21, 2017
Return Version
2015v3.0
Gross Receipts
$683,131
Mission and Program Overview

Mission

To provide insurance coverage for employees working on public works and prevailing wage assignments.

To provide insurance covereage for employees working on public works/prevailing wage assignments.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$53,785▲ $53,785
Accounts Receivable$0$53,537▲ $53,537
Total Assets$0$107,322▲ $107,322
Liabilities
Accounts Payable and Accrued Expenses$0$1,932▲ $1,932
Total Liabilities$0$1,932▲ $1,932
Net Assets / Fund Balance
Unrestricted Net Assets$0$105,390▲ $105,390
Total Net Assets Fund Balance$0$105,390▲ $105,390
Total Liabilities and Net Assets / Fund Balance$0$107,322▲ $107,322
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robin StithTrustee
Ron CatoTrustee
William BarcusTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$683,131
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$105,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,420
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members---$568,321
Fees for Services Other---$9,420
Total Functional Expenses$0$0$0$577,741
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 B, Line 11

A complete copy of the 990 will be delivered via secure email to each trustee prior to filing with irs.

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

The trustees and their agents cannot be members of the trust in their current roles so exposure here is very limited but the annual disclosures are signed off to ensure continued compliance.

Form 990, Part VI, Section C, Line 19

Documents would be available upon request of any agent or person authorized to view such documentation.

Filing and Contact Details

Filer

Filer Name
Sebastian Health Trust
EIN
36-7660664
Phone
5598464953
Address
7600 N PALM, FRESNO, CA 93711

Signing Officer

Name
Robin Stith
Title
Trustee
Phone
5598464953
Signed
2017-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robin Stith
Formed
2015
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Aldrich Cpas and Advisors Llp
Address
7676 HAZARD CENTER DRIVE STE 1300, SAN DIEGO, CA 92108
Preparer
Elsa a Romero
Phone
6198104940
Raw XML Appendix223 raw XML fields

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/ActivityOrMissionDesc0TO PROVIDE INSURANCE COVEREAGE FOR EMPLOYEES WORKING ON PUBLIC WORKS/PREVAILING WAGE ASSIGNMENTS.
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IRS990/Desc0THE PURPOSE OF THE TRUST IS TO PROVIDE GROUP INSURANCE, INCLUDING LIFE INSURANCE, HOSPITAL, MEDICAL, DENTAL, VISION, LONG TERM CARE AND DISABILITY BENEFITS FOR THE BENEFIT OF EMPLOYEES AND THEIR FAMILIES. THE TRUST RECEIVES FUNDS FROM PREVAILING WAGE FRINGE BENEFITS OR FROM EMPLOYEE DEDUCTIONS FOR ADDITIONAL VOLUNTARY COVERAGE OF DEPENDENTS. THESE FUNDS RECEIVED ARE USED STRICTLY FOR THE COST OF INSURING THE EMPLOYEES' MEDICAL, DENTAL, LIFE, STD, LTD AND LTC BENEFITS AND SOME DE MINIMUS ADMINISTRATIVE FEES FROM THIRD PARTIES. STAFF OF SEBASTIAN ADMINISTER THE TRUST FUND AND RELATED PAYROLL FRINGE BENEFITS AND DEDUCTIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMPLETE COPY OF THE 990 WILL BE DELIVERED VIA SECURE EMAIL TO EACH TRUSTEE PRIOR TO FILING WITH IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES AND THEIR AGENTS CANNOT BE MEMBERS OF THE TRUST IN THEIR CURRENT ROLES SO EXPOSURE HERE IS VERY LIMITED BUT THE ANNUAL DISCLOSURES ARE SIGNED OFF TO ENSURE CONTINUED COMPLIANCE.
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/EIN0367660664
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092108
ReturnHeader/PreparerPersonGrp/PhoneNum06198104940
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELSA A ROMERO
ReturnHeader/ReturnTs02017-08-30T11:37:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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