Civic Intelligence

Gumball Foundation

EIN 45-2531481 • 501(c)3 • Los Angeles, CA

Profile

We aim to foster, support, and guide the next generation of creative and healthy social entrepreneurs, through an innovative program that seeks to make a positive impact on individuals and communities in need. We strive to instill in our students a sense of integrity, social responsibility, and respect for themselves and others while saving for their college education.

5251 E Beverly BlvdLos Angeles, CA 90022

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

56th percentile

4.9%

Higher net margin than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2017

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2017

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$27,182

Up $7,891 (+41%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

Up

$27,182

Up $7,891 (+41%) from 2014

Operations
Liabilities / Revenue62nd percentileNet Margin56th percentile

Revenue

Up

$23,975

Up $6,990 (+41%) from 2014

Expenses

Up

$22,793

Up $6,793 (+42%) from 2014

Net Income

Up

$1,182

Up $197 (+20%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2013: $18,306Liabilities 2013: $0Net Assets 2013: $18,3062013Assets 2014: $19,291Liabilities 2014: $0Net Assets 2014: $19,2912014Assets 2017: $27,182Liabilities 2017: $0Net Assets 2017: $27,1822017

Highlighted filing

2017

Assets$27,182
Liabilities$0
Net Assets$27,182
Open 2017 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0Revenue 2013: $23,509Expenses 2013: $10,398Net Income 2013: $13,1112013Revenue 2014: $16,985Expenses 2014: $16,000Net Income 2014: $9852014Revenue 2017: $23,975Expenses 2017: $22,793Net Income 2017: $1,1822017

Highlighted filing

2017

Revenue$23,975
Expenses$22,793
Net Income$1,182
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,182
Liabilities
$0
Net assets
$27,182
Revenue
$23,975
Expenses
$22,793
Net income
$1,182
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$27.2$0.00$27.2$24.0$22.8$1.18
2014Detailed filing. Detailed filing data is available for this year.$19.3$0.00$19.3$17.0$16.0$0.99
2013Summary only. Only limited summary data is available for this year.$18.3$0.00$18.3$23.5$10.4$13.1
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$23,975
Mission and Program Overview

Mission

We aim to foster, support, and guide the next generation of creative and healthy social entrepreneurs, through an innovative program that seeks to make a positive impact on individuals and communities in need. We strive to instill in our students a sense of integrity, social responsibility, and respect for themselves and others while saving for their college education.

Program Services

DescriptionGrantsExpenses
The Gumball Foundation seeks to foster the next generation of social entrepreneurs by equipping them with the tools and equipment to start a venture. Early on, we teach students to become stakeholders in their future by selling products through vending machines, instead of drugs. Through incentives and good academic grades, students exchange their academic grades for an opportunity of having a space to put his/her vending machines and earn money for college. The students engage in their communities with a strong mission of self-improvement, allowing them to gain pride in their blighted communities while walking their streets in a positive way and engaging with local and corporate business individuals.$13,541-
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EZEQUIEL OLVERAPresident & CEOFT$0--
DAISY RIOSDirector-$0--
RONALD GETTYDirector-$0--
RICHARD ZELAYADirector-$0--
ROXANA GODINEZDirector-$0--
Filing and Contact Details

Filer

Filer Name
Gumball Foundation
EIN
45-2531481
Phone
3238461471
Address
5251 E BEVERLY BLVD, LOS ANGELES, CA 90022

Signing Officer

Name
Ezequiel Olvera
Title
President & CEO
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Lwa Llp
Address
6310 San Vicente Blvd Ste 320, Los Angeles, CA 90048
Preparer
Mike C Chen
Phone
3235496900
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $5500”

Other Expenses.1

“Tools and supplies for gumball $14293”

Other Expenses.2

“Program Expense $2500”

Other Expenses.3

“TELEPHONE $500”

Raw XML Appendix131 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0EZEQUIEL OLVERA
IRS990EZ/BooksInCareOfDetail/PhoneNum03236862736
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05251 E BEVERLY BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090022
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt026000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027182
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt023975
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01182
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt026000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt027182
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt023975
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt027182
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt027182
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EZEQUIEL OLVERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAISY RIOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RONALD GETTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD ZELAYA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROXANA GODINEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt022793
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0We aim to foster, support, and guide the next generation of creative and healthy social entrepreneurs, through an innovative program that seeks to make a positive impact on individuals and communities in need. We strive to instill in our students a sense of integrity, social responsibility, and respect for themselves and others while saving for their college education.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Gumball Foundation seeks to foster the next generation of social entrepreneurs by equipping them with the tools and equipment to start a venture. Early on, we teach students to become stakeholders in their future by selling products through vending machines, instead of drugs. Through incentives and good academic grades, students exchange their academic grades for an opportunity of having a space to put his/her vending machines and earn money for college. The students engage in their communities with a strong mission of self-improvement, allowing them to gain pride in their blighted communities while walking their streets in a positive way and engaging with local and corporate business individuals.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013541
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt022793
IRS990EZ/TotalProgramServiceExpensesAmt013541
IRS990EZ/TotalRevenueAmt023975
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt036950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt036950
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt036950
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt036950
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt036950
IRS990ScheduleA/TotalSupportAmt036950
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $5500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TOOLS AND SUPPLIES FOR GUMBALL $14293
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Expense $2500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TELEPHONE $500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EZEQUIEL OLVERA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GUMBALL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GUMB
ReturnHeader/Filer/EIN0452531481
ReturnHeader/Filer/PhoneNum03238461471
ReturnHeader/Filer/USAddress/AddressLine1Txt05251 E BEVERLY BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090022
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823431282
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LWA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06310 San Vicente Blvd Ste 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Angeles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090048
ReturnHeader/PreparerPersonGrp/PhoneNum03235496900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE C CHEN
ReturnHeader/ReturnTs02018-11-15T14:30:48-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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