Civic Intelligence

Gumball Foundation

990EZ • Fiscal year 2014 • EIN 45-2531481

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 16, 2015

Organization ProfileN/A
4060 S Figueroa StLos Angeles, CA 90037

(323) 846-1471

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

56th percentile

5.8%

Higher net margin than 56% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

56th percentile

5.4%

Faster asset growth than 56% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

17th percentile

-28%

Faster revenue growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$19,291

Up $985 (+5.4%) from 2013

Net Assets

Up

$19,291

Up $985 (+5.4%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin56th percentile

Revenue

Down

$16,985

Down $6,524 (-28%) from 2013

Expenses

Up

$16,000

Up $5,602 (+54%) from 2013

Net Income

Down

$985

Down $12,126 (-92%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$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

2014

Assets$19,291
Liabilities$0
Net Assets$19,291
Open 2014 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this 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

2014

Revenue$16,985
Expenses$16,000
Net Income$985
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 16, 2015
Return Version
2014v5.0
Gross Receipts
$16,985
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.$16,000-
Compensation and Service Providers
Top Officer Pay74th 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
4060 S FIGUEROA ST, LOS ANGELES, CA 90037

Signing Officer

Name
Ezequiel Olvera
Title
President & CEO
Signed
2015-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Kaufman Schmid Villaluna Chen & Mullen Llp
Address
5855 Topanga Canyon Blvd Ste 300, Woodland Hills, CA 91367
Preparer
Mike C Chen CPA
Phone
8188882553
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $6000”

Other Expenses.1

“PROGRAM EXPENSES $4000”

Raw XML Appendix128 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/PhoneNum03238461471
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018306
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IRS990EZ/ContributionsGiftsGrantsEtcAmt016985
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingAccrualInd0X
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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/OtherExpensesTotalAmt010000
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/GrantsAndAllocationsAmt016000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt016000
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IRS990EZ/TotalRevenueAmt016985
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt016000
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt016000
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IRS990ScheduleA/TotalSupportAmt016000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM EXPENSES $4000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0EZEQUIEL OLVERA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GUMBALL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GUMB
ReturnHeader/Filer/EIN0452531481
ReturnHeader/Filer/PhoneNum03238461471
ReturnHeader/Filer/USAddress/AddressLine1Txt04060 S FIGUEROA ST
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090037
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAUFMAN SCHMID VILLALUNA CHEN & MULLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05855 Topanga Canyon Blvd Ste 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Woodland Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091367
ReturnHeader/PreparerPersonGrp/PhoneNum08188882553
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MIKE C CHEN CPA
ReturnHeader/ReturnTs02015-11-16T17:45:49-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,291
Liabilities
$0
Net assets
$19,291
Revenue
$16,985
Expenses
$16,000
Net income
$985
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