Civic Intelligence

Eic Qalicb Inc

990 • Fiscal year 2015 • EIN 45-2952333

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 30, 2015

200 East Santa Clara St 10th FlrSan Jose, CA 95113

(510) 390-1451

Siviq Scores

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

Liabilities / Assets

95th percentile

1.05x

Higher debt load relative to assets than 95% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

99th percentile

68.12x

Higher debt load relative to revenue than 99% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

1st percentile

-172%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

21st percentile

-3.7%

Faster asset growth than 21% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

100th percentile

2359%

Faster revenue growth than 100% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$26,793,202

Down $1,023,208 (-3.7%) from 2014

Net Assets

Down

-$1,308,292

Down $710,391 (-119%) from 2014

Liabilities

Down

$28,101,494

Down $312,817 (-1.1%) from 2014

Revenue

Up

$412,502

Up $395,726 (+2359%) from 2014

Expenses

Up

$1,122,893

Up $826,746 (+279%) from 2014

Net Income

Down

-$710,391

Down $431,020 (-154%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0-$10MAssets 2013: $29,081,247Liabilities 2013: $29,399,777Net Assets 2013: -$318,5302013Assets 2014: $27,816,410Liabilities 2014: $28,414,311Net Assets 2014: -$597,9012014Assets 2015: $26,793,202Liabilities 2015: $28,101,494Net Assets 2015: -$1,308,2922015Assets 2016: $24,609,321Liabilities 2016: $26,554,888Net Assets 2016: -$1,945,5672016Assets 2017: $24,026,632Liabilities 2017: $26,554,237Net Assets 2017: -$2,527,6052017Assets 2018: $23,468,457Liabilities 2018: $26,545,915Net Assets 2018: -$3,077,4582018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2015

Assets$26,793,202
Liabilities$28,101,494
Net Assets-$1,308,292

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2013: $50,157Expenses 2013: $205,500Net Income 2013: -$155,3432013Revenue 2014: $16,776Expenses 2014: $296,147Net Income 2014: -$279,3712014Revenue 2015: $412,502Expenses 2015: $1,122,893Net Income 2015: -$710,3912015Revenue 2016: $418,703Expenses 2016: $1,055,978Net Income 2016: -$637,2752016Revenue 2017: $428,460Expenses 2017: $1,010,498Net Income 2017: -$582,0382017Revenue 2018: $439,576Expenses 2018: $989,429Net Income 2018: -$549,8532018Revenue 2019: $8,365,569Expenses 2019: $5,288,111Net Income 2019: $3,077,4582019

Highlighted filing

2015

Revenue$412,502
Expenses$1,122,893
Net Income-$710,391
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 30, 2015
Return Version
2014v5.0
Gross Receipts
$412,502
Mission and Program Overview

Mission

The organization was organized to operate exclusively for the benefit of, to perform the functions of, and/or to carry out the purposes of certain specified charitable organizations the primary purpose of which is the promotion of waste diversion, environmental education, and/or workforce development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,773,232$19,977,348▼ $795,884
Prepaid Expenses and Deferred Charges$3,158,412$3,125,816▼ $32,596
Savings and Temporary Cash Investments$3,220,082$3,047,944▼ $172,138
Intangible Assets$472,553$434,369▼ $38,184
Accounts Receivable$1,739$14,275▲ $12,536
Cash and Non-Interest-Bearing Accounts$1,892$4,950▲ $3,058
Total Assets$27,816,410$26,793,202▼ $1,023,208
Other Assets Total$188,500$188,500→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,944,813$25,944,813→ $0
Accounts Payable and Accrued Expenses$2,219,498$1,906,681▼ $312,817
Unsecured Notes Loans Payable$250,000$250,000→ $0
Total Liabilities$28,414,311$28,101,494▼ $312,817
Net Assets / Fund Balance
Unrestricted Net Assets$-597,901$-1,308,292▼ $710,391
Total Net Assets Fund Balance$-597,901$-1,308,292▼ $710,391
Total Liabilities and Net Assets / Fund Balance$27,816,410$26,793,202▼ $1,023,208

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,634,213$553,485$19,187,698
Other Land Buildings$803,632$100,596$904,228
Equipment$539,503$243,775$783,278
Compensation and Service Providers

Board Members and Trustees

NameTitle
Judy ChircoPresident
Kristen ClementsVice President / Treasurer
Daniel LopezBoard Member
James MatherBoard Member
Tom MacrostieSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$407,000
Investment Income
$5,502
Other Revenue
$0
Change in Net Assets
$-710,391

Audited Revenue Reconciliation

Revenue per Audited Statements
$412,502
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$412,502
Total Revenue per Form 990
$412,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,122,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$835,268--$835,268
Interest$115,454--$115,454
Other Expenses$115,340--$115,340
Occupancy$32,596--$32,596
Fees for Services Accounting-$15,000-$15,000
Insurance-$9,235-$9,235
Total Functional Expenses$1,098,658$24,235$0$1,122,893

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Audited Statements$0
Total Expenses per Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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

The draft form 990 with attachments have been distributed to all board members for their review before they are filed. These documents have been included in the materials typically distributed to all board members at least 72 hours prior to the board meeting during which they are scheduled for discussion.

Form 990, Part VI, Section B, Line 12C

The board members are required to disclose any conflicts of interest as they arise. The board members are also required to renew/resign the conflict of interest policy annually. The policy lists out procedures to follow as to the resolution of any conflict of interest.

Form 990, Part VI, Section C, Line 19

The organization's documents are available to the public. These documents are filed with the organization's records, similar to meeting minutes and resolutions.

FORM 990, PART VI, SECTION B, LINE 15:

The organization's board of directors are not compensated for their services. Therefore, the organization does not have a policy regarding compensation determination.

Filing and Contact Details

Filer

Filer Name
Eic Qalicb Inc
EIN
45-2952333
Phone
5103901451
Address
200 EAST SANTA CLARA ST 10TH FLR, SAN JOSE, CA 95113

Signing Officer

Name
Kristen Clements
Title
Vice President/treasurer
Phone
5103901451
Signed
2015-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristen Clements
Formed
2011
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
PO BOX 7833, SAN FRANCISCO, CA 94120-7833
Preparer
Owen Gray
Phone
4153568000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization did not change its oversight process or selection process during the tax year.

FORM 990, PART V, LINE 14B:

The organization does not provide indoor tanning services.

Financial Statement Notes

PART X, LINE 2:

The preparation of financial statements in accordance with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. Management has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal tax authorities generally have the right to examine and audit the previous three years of tax returns filed. California tax authorities generally have the right to examine and audit the previous four years of tax returns filed. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

Part III, Line 4

The artwork, watershed, is an environmental artwork integrating its conceptual and philosophical underpinnings with its functional role at the san jose environmental innovation center. The watershed is a sculptural assemblage composed of integrated elements that relate to a fundamental of human existence: gathering and storing energy.

Raw XML Appendix368 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.

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IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0803632
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0100596
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0904228
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0412502
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. MANAGEMENT HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. CALIFORNIA TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS FOUR YEARS OF TAX RETURNS FILED. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ARTWORK, WATERSHED, IS AN ENVIRONMENTAL ARTWORK INTEGRATING ITS CONCEPTUAL AND PHILOSOPHICAL UNDERPINNINGS WITH ITS FUNCTIONAL ROLE AT THE SAN JOSE ENVIRONMENTAL INNOVATION CENTER. THE WATERSHED IS A SCULPTURAL ASSEMBLAGE COMPOSED OF INTEGRATED ELEMENTS THAT RELATE TO A FUNDAMENTAL OF HUMAN EXISTENCE: GATHERING AND STORING ENERGY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART III, LINE 4
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IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0412502
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0412502
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt00
IRS990/ScheduleJRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DRAFT FORM 990 WITH ATTACHMENTS HAVE BEEN DISTRIBUTED TO ALL BOARD MEMBERS FOR THEIR REVIEW BEFORE THEY ARE FILED. THESE DOCUMENTS HAVE BEEN INCLUDED IN THE MATERIALS TYPICALLY DISTRIBUTED TO ALL BOARD MEMBERS AT LEAST 72 HOURS PRIOR TO THE BOARD MEETING DURING WHICH THEY ARE SCHEDULED FOR DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AS THEY ARISE. THE BOARD MEMBERS ARE ALSO REQUIRED TO RENEW/RESIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE POLICY LISTS OUT PROCEDURES TO FOLLOW AS TO THE RESOLUTION OF ANY CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE TO THE PUBLIC. THESE DOCUMENTS ARE FILED WITH THE ORGANIZATION'S RECORDS, SIMILAR TO MEETING MINUTES AND RESOLUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S BOARD OF DIRECTORS ARE NOT COMPENSATED FOR THEIR SERVICES. THEREFORE, THE ORGANIZATION DOES NOT HAVE A POLICY REGARDING COMPENSATION DETERMINATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT PROVIDE INDOOR TANNING SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART V, LINE 14B:
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IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt026793202
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024235
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01098658
IRS990/TotalFunctionalExpensesGrp/TotalAmt01122893
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt028101494
IRS990/TotalLiabilitiesGrp/BOYAmt028414311
IRS990/TotalLiabilitiesGrp/EOYAmt028101494
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-597901
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1308292
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01098658
IRS990/TotalProgramServiceRevenueAmt0407000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt05502
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0407000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0412502
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027816410
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IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1308292
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0250000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0250000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 E SANTA CLARA ST 10TH FLR
IRS990/USAddress/CityNm0SAN JOSE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095113
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTEN CLEMENTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05103901451
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EIC QALICB INC
ReturnHeader/Filer/BusinessNameControlTxt0EICQ
ReturnHeader/Filer/EIN0452952333
ReturnHeader/Filer/PhoneNum05103901451
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 EAST SANTA CLARA ST 10TH FLR
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943108253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVOGRADAC & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 7833
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN FRANCISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0941207833
ReturnHeader/PreparerPersonGrp/PhoneNum04153568000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0OWEN GRAY
ReturnHeader/ReturnTs02015-10-30T18:21:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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