Civic Intelligence

Change Reaction

990 • Fiscal year 2020 • EIN 38-4128902

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 23, 2021

15301 Ventura BlvdSherman Oaks, CA 91403

(818) 808-0600

Siviq Scores

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

Liabilities / Assets

61st percentile

0.19x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

39th percentile

0.7%

Higher net margin than 39% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$179,704

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 9.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

15th percentile

-4.9%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

618%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$110,992

Down $5,733 (-4.9%) from 2019

Net Assets

Up

$89,729

Up $14,289 (+19%) from 2019

Liabilities

Down

$21,263

Down $20,022 (-48%) from 2019

Revenue

Up

$1,950,757

Up $1,679,157 (+618%) from 2019

Expenses

Up

$1,936,468

Up $1,740,308 (+887%) from 2019

Net Income

Down

$14,289

Down $61,151 (-81%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2019: $116,725Liabilities 2019: $41,285Net Assets 2019: $75,4402019Assets 2020: $110,992Liabilities 2020: $21,263Net Assets 2020: $89,7292020Assets 2021: $27,505Liabilities 2021: $375Net Assets 2021: $27,1302021Assets 2022: $1,326,800Liabilities 2022: $2,405Net Assets 2022: $1,324,3952022Assets 2023: $115,118Liabilities 2023: $6,687Net Assets 2023: $108,4312023Assets 2024: $1,716,891Liabilities 2024: $11,175Net Assets 2024: $1,705,7162024

Highlighted filing

2020

Assets$110,992
Liabilities$21,263
Net Assets$89,729

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $271,600Expenses 2019: $196,160Net Income 2019: $75,4402019Revenue 2020: $1,950,757Expenses 2020: $1,936,468Net Income 2020: $14,2892020Revenue 2021: $1,666,806Expenses 2021: $1,729,379Net Income 2021: -$62,5732021Revenue 2022: $4,906,918Expenses 2022: $3,609,653Net Income 2022: $1,297,2652022Revenue 2023: $2,449,809Expenses 2023: $3,665,773Net Income 2023: -$1,215,9642023Revenue 2024: $3,034,870Expenses 2024: $1,437,585Net Income 2024: $1,597,2852024

Highlighted filing

2020

Revenue$1,950,757
Expenses$1,936,468
Net Income$14,289
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 23, 2021
Return Version
2020v4.0
Gross Receipts
$1,950,757
Mission and Program Overview

Mission

The Change Reaction is a philosophy of giving that offers maximum joy for donors and maximum impact for recipients. We provide direct grants to hardworking people who are experiencing hardships or who have opportunities to further their success but do not have the financial support they need to succeed. By partnering with well-established organizations, we transfer philanthropy to frontline staff who have access to resources not previously available. The result is that caseworkers on the frontlines say yes more often than no to clients in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivables From Officers Etc-$100,389-
Rtn Earn Endowment Incm Other Fnds$75,440$89,729▲ $14,289
Land, Buildings, and Equipment, Net-$6,553-
Cash and Non-Interest-Bearing Accounts$116,725$4,050▼ $112,675
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$116,725$110,992▼ $5,733
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$41,285--
Other Liabilities-$21,263-
Total Liabilities$41,285$21,263▼ $20,022
Net Assets / Fund Balance
Total Net Assets Fund Balance$75,440$89,729▲ $14,289
Total Liabilities and Net Assets / Fund Balance$116,725$110,992▼ $5,733

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,553$1,106$7,659
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gregory F PerlmanPresident
Jodi D PerlmanSecretary
Lee S SchubeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,950,757
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,950,757
Change in Net Assets
$14,289
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,737,475
Other Expenses$192,459
Total Fundraising Expense$126,526
Salaries, Compensation, and Employee Benefits$6,534
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,277,889--$1,277,889
Grants to Domestic Individuals$459,586--$459,586
Advertising--$126,526$126,526
Fees for Services Other$20,000$20,025-$40,025
Fees for Services Legal$3,190$3,190-$6,380
Office Expenses-$6,119-$6,119
Other Salaries and Wages$3,035$3,035-$6,070
Fees for Services Accounting$1,588$1,587-$3,175
Information Technology-$1,911-$1,911
Insurance-$1,352-$1,352
Depreciation Depletion-$1,106-$1,106
Payroll Taxes$232$232-$464
Other Expenses$282$308-$308
All Other Expenses-$300-$300
Total Functional Expenses$1,767,052$42,890$126,526$1,936,468
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jewish Free Loan AssociationMilwaukee, WI501(c)(3)Interest Free Loans$211,634
No One Left BehindMerrifield, VA501(c)(3)Rental Assistance$205,000
Vets IncSouthlake, TX501(c)(3)Angel Fund$200,000
La Family HousingNorth Hollywood, CA501(c)(3)Family Housing$100,000
New Economics for WomenLos Angeles, CA501(c)(3)Angel Fund$100,000
Hebrew Free Loan AssociationBloomfield Hill, MI501(c)(3)Interest Free Loans$70,923
Havens Relief Funds SocietyNew York, NY501(c)(3)Small Business$60,000
Downtown Womens CenterLos Angeles, CA501(c)(3)Angel Fund$50,000
Watts Labor Community ActionLos Angeles, CA501(c)(3)Emergency Assistance Program$50,000
The Global Orphan ProjectKansas City, MO501(c)(3)Bulk La Needs$28,028
National Health FoundationLos Angeles, CA501(c)(3)Healthcare$25,008
Community Foundations HudsonPoughkeepsie, NY501(c)(3)Small Business$25,000
Elizabeth HousePasadena, CA501(c)(3)Angel Fund$25,000
Onegeneration Senior CenterReseda, CA501(c)(3)Angel Fund$25,000
ChrysalisPacoima, CA501(c)(3)Angel Fund$24,445
Community PartnersLos Angeles, CA501(c)(3)Safe Parking$22,712
Covenant House CaliforniaLos Angeles, CA501(c)(3)Rental Assistance$11,726
North Valley Regional ChamberNorthridge, CA501(c)(3)Fire Relief$10,000
Ready to SucceedSanta Monica, CA501(c)(3)Angel Fund$10,000
The Opportunity HouseLos Angeles, CA501(c)(3)Student Housing$10,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$100,389-
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bank Overdraft$21,263
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Gregory f. Perlman and jodi d. Perlman are husband and wife.

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Form 990 is available upon request with the foundation or through www.guidestar.org. Additional documentation is available upon direct request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Form 990 is available upon request with the foundation or through www.guidestar.org. Additional documentation is available upon direct request.

Filing and Contact Details

Filer

Filer Name
The Change Reaction
EIN
38-4128902
Phone
8188080600
Address
15301 VENTURA BLVD, SHERMAN OAKS, CA 91403

Signing Officer

Name
Gregory F Perlman
Title
President
Signed
2021-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory F Perlman
Formed
2019
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
1
Volunteers
20

Preparer

Firm
Fishman Block Diamond LLP
Address
16830 Ventura Blvd Ste 400, Encino, CA 91436
Preparer
Steven J Fishman CPA
Phone
8187837140
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01950757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0271600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02222357
IRS990ScheduleA/TotalSupportAmt02222357
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt06553
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01106
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07659
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt021263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BANK OVERDRAFT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06553
IRS990ScheduleD/TotalLiabilityAmt021263
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt029385
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt1121665
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt231810
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt348418
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt45869
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0CHANGE AGENTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GIFT CARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2HOUSING ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3INDIVIDUAL GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4DIRECT GIVING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5DONATIONS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0222439
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0GIFT CARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt061
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12368
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt296
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt349
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt451
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt565
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleI/RecipientTable/CashGrantAmt024445
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt222712
IRS990ScheduleI/RecipientTable/CashGrantAmt311726
IRS990ScheduleI/RecipientTable/CashGrantAmt450000
IRS990ScheduleI/RecipientTable/CashGrantAmt525000
IRS990ScheduleI/RecipientTable/CashGrantAmt660000
IRS990ScheduleI/RecipientTable/CashGrantAmt770923
IRS990ScheduleI/RecipientTable/CashGrantAmt8211634
IRS990ScheduleI/RecipientTable/CashGrantAmt9100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1025008
IRS990ScheduleI/RecipientTable/CashGrantAmt11100000
IRS990ScheduleI/RecipientTable/CashGrantAmt12205000
IRS990ScheduleI/RecipientTable/CashGrantAmt1310000
IRS990ScheduleI/RecipientTable/CashGrantAmt1425000
IRS990ScheduleI/RecipientTable/CashGrantAmt1510000
IRS990ScheduleI/RecipientTable/CashGrantAmt1628028
IRS990ScheduleI/RecipientTable/CashGrantAmt1710000
IRS990ScheduleI/RecipientTable/CashGrantAmt18200000
IRS990ScheduleI/RecipientTable/CashGrantAmt1950000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ANGEL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SMALL BUSINESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SAFE PARKING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3RENTAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4ANGEL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5ANGEL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6SMALL BUSINESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7INTEREST FREE LOANS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8INTEREST FREE LOANS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9FAMILY HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10HEALTHCARE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11ANGEL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12RENTAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13FIRE RELIEF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14ANGEL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15ANGEL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16BULK LA NEEDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17STUDENT HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18ANGEL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19EMERGENCY ASSISTANCE PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CHRYSALIS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1COMMUNITY FOUNDATIONS HUDSON
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2COMMUNITY PARTNERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COVENANT HOUSE CALIFORNIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4DOWNTOWN WOMENS CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5ELIZABETH HOUSE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6HAVENS RELIEF FUNDS SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HEBREW FREE LOAN ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8JEWISH FREE LOAN ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9LA FAMILY HOUSING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10NATIONAL HEALTH FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11NEW ECONOMICS FOR WOMEN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12NO ONE LEFT BEHIND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13NORTH VALLEY REGIONAL CHAMBER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14ONEGENERATION SENIOR CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15READY TO SUCCEED
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16THE GLOBAL ORPHAN PROJECT

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