Civic Intelligence

The Bandini Foundation

990 • Fiscal year 2016 • EIN 45-2470468

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 10, 2017

5857 Cape Horn DriveAgoura Hills, CA 91301

(818) 519-1994

Siviq Scores

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

Liabilities / Assets

48th percentile

0.09x

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

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

Liabilities / Revenue

84th percentile

0.89x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

14th percentile

-23%

Higher net margin than 14% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

31st percentile

-2.6%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

8th percentile

-38%

Faster revenue growth than 8% of similar nonprofits.

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

Assets

Down

$1,254,402

Down $33,741 (-2.6%) from 2015

Net Assets

Down

$1,143,336

Down $28,341 (-2.4%) from 2015

Liabilities

Down

$111,066

Down $5,400 (-4.6%) from 2015

Revenue

Down

$125,232

Down $75,825 (-38%) from 2015

Expenses

Down

$153,573

Down $161,788 (-51%) from 2015

Net Income

Up

-$28,341

Up $85,963 (+75%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $127,375Liabilities 2011: $124,1982011Assets 2012: $111,488Liabilities 2012: $118,560Net Assets 2012: -$7,0722012Assets 2013: $1,296,629Liabilities 2013: $114,919Net Assets 2013: $1,181,7102013Assets 2014: $1,401,876Liabilities 2014: $115,895Net Assets 2014: $1,285,9812014Assets 2015: $1,288,143Liabilities 2015: $116,466Net Assets 2015: $1,171,6772015Assets 2016: $1,254,402Liabilities 2016: $111,066Net Assets 2016: $1,143,3362016Assets 2017: $1,233,728Liabilities 2017: $103,194Net Assets 2017: $1,130,5342017Assets 2018: $1,275,157Liabilities 2018: $107,199Net Assets 2018: $1,167,9582018Assets 2019: $1,115,026Liabilities 2019: $106,873Net Assets 2019: $1,008,1532019Assets 2020: $1,081,181Liabilities 2020: $106,873Net Assets 2020: $974,3082020Assets 2021: $1,133,885Liabilities 2021: $106,873Net Assets 2021: $1,027,0122021Assets 2022: $1,201,438Liabilities 2022: $105,273Net Assets 2022: $1,096,1652022Assets 2023: $1,272,940Liabilities 2023: $105,273Net Assets 2023: $1,167,6672023Assets 2024: $1,186,402Liabilities 2024: $105,273Net Assets 2024: $1,081,1292024

Highlighted filing

2016

Assets$1,254,402
Liabilities$111,066
Net Assets$1,143,336

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $67,647Expenses 2011: $69,113Net Income 2011: -$1,4662011Revenue 2012: $169,090Expenses 2012: $179,339Net Income 2012: -$10,2492012Revenue 2013: $1,383,709Expenses 2013: $194,927Net Income 2013: $1,188,7822013Revenue 2014: $359,499Expenses 2014: $255,228Net Income 2014: $104,2712014Revenue 2015: $201,057Expenses 2015: $315,361Net Income 2015: -$114,3042015Revenue 2016: $125,232Expenses 2016: $153,573Net Income 2016: -$28,3412016Revenue 2017: $112,930Expenses 2017: $125,732Net Income 2017: -$12,8022017Revenue 2018: $116,561Expenses 2018: $130,552Net Income 2018: -$13,9912018Revenue 2019: $99,090Expenses 2019: $112,868Net Income 2019: -$13,7782019Revenue 2020: $25,229Expenses 2020: $59,074Net Income 2020: -$33,8452020Revenue 2021: $322,922Expenses 2021: $270,218Net Income 2021: $52,7042021Revenue 2022: $478,700Expenses 2022: $409,547Net Income 2022: $69,1532022Revenue 2023: $494,186Expenses 2023: $422,684Net Income 2023: $71,5022023Revenue 2024: $440,839Expenses 2024: $527,377Net Income 2024: -$86,5382024

Highlighted filing

2016

Revenue$125,232
Expenses$153,573
Net Income-$28,341
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 10, 2017
Return Version
2016v3.0
Gross Receipts
$125,232
Mission and Program Overview

Mission

The specific mission of this exempt organization is to train and provide services to veterans. 100% of the organization's time is directed toward this purpose.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$887,346$875,701▼ $11,645
Land, Buildings, and Equipment, Net$102,474$87,987▼ $14,487
Intangible Assets$79,890$72,281▼ $7,609
Loans From Officers Directors$6,110$6,237▲ $127
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-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,288,143$1,254,402▼ $33,741
Other Assets Total$218,433$218,433→ $0
Liabilities
Other Liabilities$110,356$104,829▼ $5,527
Total Liabilities$116,466$111,066▼ $5,400
Net Assets / Fund Balance
Temporarily Rstr Net Assets$963,855$875,701▼ $88,154
Unrestricted Net Assets$207,822$267,635▲ $59,813
Total Net Assets Fund Balance$1,171,677$1,143,336▼ $28,341
Total Liabilities and Net Assets / Fund Balance$1,288,143$1,254,402▼ $33,741

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$87,987$41,207$129,194
Other Assets Org$218,433--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ricardo BandiniPresident
James Duffy IiiVice President
Andrew CarrilloDirector
Brian ParkerDirector
David WaltersDirector
Lou CozzolinoDirector
Michael GeibelsonDirector
Scott MoreyCFO/treasurer
Cathy JohnsonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$20,000
Program Service Revenue
$104,837
Investment Income
$395
Other Revenue
$0
All Other Contributions
$20,000
Change in Net Assets
$-28,341
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$82,541
Salaries, Compensation, and Employee Benefits$71,032
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$64,658--$64,658
Depreciation Depletion$22,096--$22,096
Insurance$8,142--$8,142
Payroll Taxes$6,374--$6,374
Fees for Services Accounting-$5,590-$5,590
All Other Expenses$2,325$2,877-$5,202
Other Expenses$3,400$3,775-$3,400
Advertising$2,650--$2,650
Fees for Services Other-$1,445-$1,445
Interest-$707-$707
Total Functional Expenses$139,179$14,394$0$153,573
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
Loans from Officers, Directors, Trustees, and Key Employees$6,110$6,237▲ $127
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$103,400
Credit Cards Payable$1,429
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 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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
The Bandini Foundation
EIN
45-2470468
Phone
8185191994
Address
5857 CAPE HORN DRIVE, AGOURA HILLS, CA 91301

Signing Officer

Name
Ricardo Bandini
Title
President
Signed
2017-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
0
Employees
14

Preparer

Firm
Freeman & Associates
Address
2251 E Thousand Oaks Blvd, Thousand Oaks, CA 91362
Preparer
Steven Z Freeman CPA
Phone
8054954211
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IRS990/OtherLiabilitiesGrp/EOYAmt0104829
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064658
IRS990/OtherSalariesAndWagesGrp/TotalAmt064658
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt06374
IRS990/PayrollTaxesGrp/TotalAmt06374
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/Desc0GREEN FEES AND REFRESH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0104837
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0104837
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt049997
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0263
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0181051
IRS990/PYProgramServiceRevenueAmt0150797
IRS990/PYRevenuesLessExpensesAmt0-114304
IRS990/PYSalariesCompEmpBnftPaidAmt0134310
IRS990/PYTotalExpensesAmt0315361
IRS990/PYTotalRevenueAmt0201057
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-28341
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0266115
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0251630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt041580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0590304
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0104837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0150797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0120690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0131768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0127510
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0635602
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01225906
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0124837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0161776
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0386805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0383398
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0169090
IRS990ScheduleA/Total509Grp/TotalAmt01225906
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0124837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0161776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0386805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0383398
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0169090
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01225906
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt087987
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041207
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0129194
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0218433
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CLUBHOUSE - CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01429
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1103400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt087987
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0218433
IRS990ScheduleD/TotalLiabilityAmt0104829
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SHORT TE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1SHORT TE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt09495
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110330
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0RICARDO JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1SCOTT MOREY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0963855
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0875701
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01288143
IRS990/TotalAssetsEOYAmt01254402
IRS990/TotalAssetsGrp/BOYAmt01288143
IRS990/TotalAssetsGrp/EOYAmt01254402
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt020000
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014394
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0139179
IRS990/TotalFunctionalExpensesGrp/TotalAmt0153573
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0116466
IRS990/TotalLiabilitiesEOYAmt0111066
IRS990/TotalLiabilitiesGrp/BOYAmt0116466

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.11$1.08$0.44$0.53$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.11$1.17$0.49$0.42$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.11$1.10$0.48$0.41$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.11$1.03$0.32$0.27$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.08$0.11$0.97$0.03$0.06$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.11$1.01$0.10$0.11$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.11$1.17$0.12$0.13$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.23$0.10$1.13$0.11$0.13$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.25$0.11$1.14$0.13$0.15$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.29$0.12$1.17$0.20$0.32$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.12$1.29$0.36$0.26$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.30$0.11$1.18$1.38$0.19$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.12$0.01$0.17$0.18$0.01
2011Summary only. Only limited summary data is available for this year.$0.13$0.12$0.07$0.07$0.00