Civic Intelligence

The Bandini Foundation

990 • Fiscal year 2018 • EIN 45-2470468

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 01, 2019

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

49th percentile

0.08x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.92x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

36th percentile

$6,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

58th percentile

3.4%

Faster asset growth than 58% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

49th percentile

3.2%

Faster revenue growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,275,157

Up $41,429 (+3.4%) from 2017

Net Assets

Up

$1,167,958

Up $37,424 (+3.3%) from 2017

Liabilities

Up

$107,199

Up $4,005 (+3.9%) from 2017

Revenue

Up

$116,561

Up $3,631 (+3.2%) from 2017

Expenses

Up

$130,552

Up $4,820 (+3.8%) from 2017

Net Income

Down

-$13,991

Down $1,189 (-9.3%) from 2017

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

2018

Assets$1,275,157
Liabilities$107,199
Net Assets$1,167,958

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

2018

Revenue$116,561
Expenses$130,552
Net Income-$13,991
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 1, 2019
Return Version
2018v3.1
Gross Receipts
$116,561
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$876,212$932,002▲ $55,790
Land, Buildings, and Equipment, Net$74,411$62,839▼ $11,572
Intangible Assets$64,672$57,063▼ $7,609
Loans From Officers Directors$394--
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$1,233,728$1,275,157▲ $41,429
Other Assets Total$218,433$223,253▲ $4,820
Liabilities
Other Liabilities$102,800$107,199▲ $4,399
Total Liabilities$103,194$107,199▲ $4,005
Net Assets / Fund Balance
Temporarily Rstr Net Assets$875,701$876,161▲ $460
Unrestricted Net Assets$254,833$291,797▲ $36,964
Total Net Assets Fund Balance$1,130,534$1,167,958▲ $37,424
Total Liabilities and Net Assets / Fund Balance$1,233,728$1,275,157▲ $41,429

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$62,839$66,355$129,194
Other Assets Org$223,253--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ricardo BandiniPresidentFT$6,000$6,000

Board Members and Trustees

NameTitle
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
$25,000
Program Service Revenue
$90,300
Investment Income
$1,261
Other Revenue
$0
All Other Contributions
$25,000
Change in Net Assets
$-13,991
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$84,287
Salaries, Compensation, and Employee Benefits$46,265
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,265--$40,265
Depreciation Depletion-$19,181-$19,181
Current Officers, Directors, Trustees, and Key Employees$6,000--$6,000
All Other Expenses$2,500$3,427-$5,927
Other Expenses$3,650--$3,650
Fees for Services Accounting$3,500--$3,500
Insurance$2,942--$2,942
Advertising$2,650--$2,650
Travel$450--$450
Total Functional Expenses$107,944$22,608$0$130,552
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$394--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$102,200
Kallman Note$4,999
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
2019-10-01
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Freeman & Associates
Address
1414 East Thousand Oaks Boulevard S, Thousand Oaks, CA 91362
Preparer
Steven Z Freeman CPA
Phone
8054954211
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Unrestricted funds balance reconciliation for 12/31/18 = $51415

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IRS990/OtherExpensesGrp/TotalAmt33650
IRS990/OtherLiabilitiesGrp/BOYAmt0102800
IRS990/OtherLiabilitiesGrp/EOYAmt0107199
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt040265
IRS990/OtherSalariesAndWagesGrp/TotalAmt040265
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/Desc0GREEN FEES AND REFRESH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt090300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt090300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0510
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt092132
IRS990/PYProgramServiceRevenueAmt092420
IRS990/PYRevenuesLessExpensesAmt0-12802
IRS990/PYSalariesCompEmpBnftPaidAmt033600
IRS990/PYTotalExpensesAmt0125732
IRS990/PYTotalRevenueAmt0112930
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-13991
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/CurrentTaxYearAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0266115
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0342094
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt090300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt092420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0104837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0150797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0120690
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0559044
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0901138
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0112420
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0124837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0161776
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0386805
IRS990ScheduleA/Total509Grp/TotalAmt0901138
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0115300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0112420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0124837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0161776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0386805
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0901138
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt062839
IRS990ScheduleD/EquipmentGrp/DepreciationAmt066355
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0129194
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0223253
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CLUBHOUSE - CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1102200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0KALLMAN NOTE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt062839
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0223253
IRS990ScheduleD/TotalLiabilityAmt0107199
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SHORT TE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt09495
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0RICARDO JOHNSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNRESTRICTED FUNDS BALANCE RECONCILIATION FOR 12/31/18 = $51415
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0875701
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0876161
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01233728
IRS990/TotalAssetsEOYAmt01275157
IRS990/TotalAssetsGrp/BOYAmt01233728
IRS990/TotalAssetsGrp/EOYAmt01275157
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt025000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022608
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0107944
IRS990/TotalFunctionalExpensesGrp/TotalAmt0130552
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0103194
IRS990/TotalLiabilitiesEOYAmt0107199
IRS990/TotalLiabilitiesGrp/BOYAmt0103194
IRS990/TotalLiabilitiesGrp/EOYAmt0107199
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01130534
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01167958
IRS990/TotalProgramServiceExpensesAmt0107944
IRS990/TotalProgramServiceRevenueAmt090300

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