Civic Intelligence

Focusing Philanthropy Inc.

990 • Fiscal year 2020 • EIN 45-2405071

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

1637 16th StreetSanta Monica, CA 90404

(310) 399-3300

Siviq Scores

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

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

13th percentile

$102,083

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2020

Asset Growth

97th percentile

107%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

77%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Assets

Up

$10,509,100

Up $5,436,921 (+107%) from 2019

Net Assets

Up

$10,438,932

Up $5,397,747 (+107%) from 2019

Liabilities

Up

$70,168

Up $39,174 (+126%) from 2019

Revenue

Up

$30,714,024

Up $13,368,428 (+77%) from 2019

Expenses

Up

$25,063,378

Up $11,992,905 (+92%) from 2019

Net Income

Up

$5,650,646

Up $1,375,523 (+32%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $58,343Liabilities 2012: $30,807Net Assets 2012: $27,5362012Assets 2013: $182,860Liabilities 2013: $23,914Net Assets 2013: $158,9462013Assets 2014: $582,993Liabilities 2014: $26,950Net Assets 2014: $556,0432014Assets 2015: $1,693,844Liabilities 2015: $71,102Net Assets 2015: $1,622,7422015Assets 2016: $1,017,219Liabilities 2016: $79,219Net Assets 2016: $938,0002016Assets 2017: $1,345,070Liabilities 2017: $43,804Net Assets 2017: $1,301,2672017Assets 2018: $1,472,789Liabilities 2018: $45,158Net Assets 2018: $1,427,6312018Assets 2019: $5,072,179Liabilities 2019: $30,994Net Assets 2019: $5,041,1852019Assets 2020: $10,509,100Liabilities 2020: $70,168Net Assets 2020: $10,438,9322020Assets 2021: $5,232,649Liabilities 2021: $30,718Net Assets 2021: $5,201,9312021Assets 2022: $6,815,328Liabilities 2022: $328,895Net Assets 2022: $6,486,4332022Assets 2023: $8,283,735Liabilities 2023: $4,377,933Net Assets 2023: $3,905,8022023Assets 2024: $6,037,673Liabilities 2024: $162,897Net Assets 2024: $5,874,7762024

Highlighted filing

2020

Assets$10,509,100
Liabilities$70,168
Net Assets$10,438,932

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2012: $985,4982012Revenue 2013: $2,100,615Expenses 2013: $1,969,205Net Income 2013: $131,4102013Revenue 2014: $3,030,695Expenses 2014: $2,633,598Net Income 2014: $397,0972014Revenue 2015: $5,446,852Expenses 2015: $4,377,754Net Income 2015: $1,069,0982015Revenue 2016: $4,480,492Expenses 2016: $5,101,014Net Income 2016: -$620,5222016Revenue 2017: $5,603,183Expenses 2017: $5,230,932Net Income 2017: $372,2512017Revenue 2018: $8,365,510Expenses 2018: $7,971,077Net Income 2018: $394,4332018Revenue 2019: $17,345,596Expenses 2019: $13,070,473Net Income 2019: $4,275,1232019Revenue 2020: $30,714,024Expenses 2020: $25,063,378Net Income 2020: $5,650,6462020Revenue 2021: $21,857,695Expenses 2021: $26,491,086Net Income 2021: -$4,633,3912021Revenue 2022: $23,626,590Expenses 2022: $22,751,956Net Income 2022: $874,6342022Revenue 2023: $24,595,098Expenses 2023: $26,326,197Net Income 2023: -$1,731,0992023Revenue 2024: $35,282,387Expenses 2024: $33,129,864Net Income 2024: $2,152,5232024

Highlighted filing

2020

Revenue$30,714,024
Expenses$25,063,378
Net Income$5,650,646
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$39,817,130
Mission and Program Overview

Mission

Focusing philanthropy believes extraordinary impact is possible if we focus on root causes, maximize leverage, act on solid information, and pool our efforts. We believe donations should be made with the same level of strategic intent, information, and confidence as other investments. That is why we target serious human challenges that individual donors can successfully address; choose tactics that are demonstrably effective; identify confidence-inspiring implementing partners; conduct ongoing monitoring; and assure substantive reporting.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,345,320$5,987,867▲ $3,642,547
Cash and Non-Interest-Bearing Accounts$2,684,647$4,490,568▲ $1,805,921
Land, Buildings, and Equipment, Net$34,728$23,181▼ $11,547
Savings and Temporary Cash Investments$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 Other Securities$0$0→ $0
Investments Program Related$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$5,072,179$10,509,100▲ $5,436,921
Other Assets Total$7,484$7,484→ $0
Liabilities
Other Liabilities$22,036$41,242▲ $19,206
Accounts Payable and Accrued Expenses$8,958$28,926▲ $19,968
Grants Payable$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$30,994$70,168▲ $39,174
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,953,139$9,750,134▲ $4,796,995
Net Assets Without Donor Restrictions$88,046$688,798▲ $600,752
Total Net Assets Fund Balance$5,041,185$10,438,932▲ $5,397,747
Total Liabilities and Net Assets / Fund Balance$5,072,179$10,509,100▲ $5,436,921

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,857$49,053$50,910
Equipment$17,041$23,187$40,228
Other Land Buildings$4,283$16,733$21,016
Compensation and Service Providers

Employees

NameTitleBaseTotal
Jason WindebankTreasurer$102,083$102,083
Catherine PedersenSecretary$43,312$43,312

Board Members and Trustees

NameTitle
Lawrence GilsonChairman/director
Keith EnnisVice Chairman/director
Dewey CorleyDirector
Diana LidowDirector
Elliott GilsonDirector
John WeissenbachDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Bluewater Financial LLCOutreach&management17337 TRAMONTO DR 210, Pacific Palisades, CA 90272$102,083
Revenue and Support

Revenue Composition

Contributions and Grants
$30,276,200
Program Service Revenue
$0
Investment Income
$437,824
Other Revenue
$0
All Other Contributions
$30,276,200
Change in Net Assets
$5,650,646

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$1,637,526Market Quote
Total Noncash Contributions9$1,637,526-

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,714,024
Revenue Not Reported on Form 990
$-252,899
Total Revenue per Audited Statements
$30,461,125
Total Revenue per Form 990
$30,714,024
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,031,811
Other Expenses$599,134
Salaries, Compensation, and Employee Benefits$407,431
Total Fundraising Expense$136,865
Professional Fundraising Fees$25,002

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,031,811--$24,031,811
Other Salaries and Wages$160,919$42,459$26,509$229,887
All Other Expenses$50,921$60,085$42,343$153,349
Current Officers, Directors, Trustees, and Key Employees$30,625$94,353$20,417$145,395
Occupancy$73,513$19,397$12,110$105,020
Payroll Taxes$22,504$5,938$3,707$32,149
Fees for Services Professional Fundraising--$25,002$25,002
Office Expenses$15,718$4,147$2,589$22,454
Depreciation Depletion$11,660$3,077$1,920$16,657
Fees for Services Accounting$0$16,600$0$16,600
Travel$10,955$2,891$1,805$15,651
Insurance$0$11,105$0$11,105
Other Expenses$1,268$334$209$1,811
Total Functional Expenses$24,411,439$515,074$136,865$25,063,378

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,063,378
Total Expenses per Audited Statements$25,063,378
Total Expenses per Form 990$25,063,378
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
One Acre FundFalcon Heights, MN501(c)(3)Agriculture Program Expansion$4,335,018
Water for PeopleDenver, CO501(c)(3)Water Projects$2,522,505
Per ScholasBronx, NY501(c)(3)Job Training$2,350,876
Farestart & Catalyst KitchensSeattle, WA501(c)(3)Culinary Training$2,072,799
Village ReachSeattle, WA501(c)(3)Healthcare$1,498,400
Johns Hopkins University DevelopmentBaltimore, MD501(c)(3)Healthcare$1,152,219
Camfed USA FoundationWashington, DC501(c)(3)Female Education$946,652
Muso IncWashington, DC501(c)(3)Healthcare$926,494
RefugepointCambridge, MA501(c)(3)Refugee Affairs$871,229
International Rescue CommitteeNew York, NY501(c)(3)Refugee Affairs$849,144
Reading PartnersOakland, CA501(c)(3)Reading Proficiency$832,011
Save the Children Federation IncFairfield, CT501(c)(3)Child Educa&health$823,582
Seva FoundationBerkeley, CA501(c)(3)Vision Restoration$697,267
OnegoalChicago, IL501(c)(3)Education$634,475
Casa of Los AngelesMp, CA501(c)(3)Foster Care$615,535
Casa of San DiegoSan Diego, CA501(c)(3)Foster Care$609,286
Peer Health ExchangeSan Francisco, CA501(c)(3)Health Education$553,425
Himalayan Cataract Project IncEugene, OR501(c)(3)Vision Restoration$532,012
CharitywaterNy, NY501(c)(3)Water Projects$239,646
Edna Adan Hospital FoundationWashington, DC501(c)(3)Children & Women Health$156,360
Voices for Children RiversideRiverside, CA501(c)(3)Foster Care$136,169
Reach Out and ReadBoston, MA501(c)(3)Reading Proficiency$131,328
WUQU' KAWOQ DBA MAYA HEALTH ALLIANCEBethel, VT501(c)(3)Healthcare$124,454
The End FundNew York, NY501(c)(3)Health Treatment$118,645
Community Foundation for Monterey CountyMonterey, CA501(c)(3)Covid Res Initiative$100,000
Healing CaliforniaWoodland Hills, CA501(c)(3)Health Clinics$100,000
Panorama GlobalSeattle, WA501(c)(3)Healthcare$100,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$25,002
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$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
Credit Card Payable$36,932
Payroll Liabilities$3,194
Rent Payable$1,116
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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 copy of the form 990 is reviewed by our chairman and secretary and treasurer prior to filing the tax return and is available upon request to our other directors.

Form 990, Part VI, Section B, Line 12

Focusing philanthropy requires all officers, directors, and key employees to disclose any conflict of interest to the chairman or an independent member of the board of directors as soon as such a nexus is identified. The interested person may be asked by the chairman or the board to refrain from involvement in some or all matters related to the relationship between focusing philanthropy and such other entity. Furthermore, the chairman or the board may conclude that the potential for conflict is sufficiently great that focusing philanthropy will not establish or maintain a relationship with such nonprofit or vendor.

FORM 990, PART VI, SECTION C, LINE 19:

We do not make our governing documents or conflict of interest policy available. Audited financial statements are available on our website.

Form 990, Part VI, Section B, Line 15B

compensation is determined by the approved budget, presented by the Treasurer, and approved by The Focusing Philanthropy Board Members.

Form 990, Part VI, Section A, Line 2

Elliott gilson, director, is the son of lawrence gilson, chairman.

Filing and Contact Details

Filer

Filer Name
Focusing Philanthropy Inc
EIN
45-2405071
In Care Of
% CATHY PEDERSEN
Phone
3103993300
Address
1637 16TH STREET, SANTA MONICA, CA 90404

Signing Officer

Name
Lawrence Gilson
Title
Chairman
Phone
3103993300
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lawrence Gilson
Formed
2011
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
4

Preparer

Firm
J Arthur Greenfield & Co Llp
Address
10880 WILSHIRE BLVD STE 800, LOS ANGELES, CA 90024-4124
Preparer
Helen Wu
Phone
3102082646
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Focusing philanthropy believes extraordinary impact is possible if we focus on root causes, maximize leverage, act on solid information, and pool our efforts. We believe donations should be made with the same level of strategic intent, information, and confidence as other investments. That is why we target serious human challenges that individual donors can successfully address; choose tactics that are demonstrably effective; identify confidence-inspiring implementing partners; conduct ongoing monitoring; and assure substantive reporting.

Form 990, Sch G, Pt 1, Line 1

Parnia banki manages interactions regarding foundation initiatives, manages and fosters relationships with certain donors and non-governmental organization partners, and participates in developing and implementing overall strategic goals

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