Civic Intelligence

Daybreak University

990 • Fiscal year 2022 • EIN 45-5063134

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 12, 2023

321 S State College BlvdAnaheim, CA 92806

(714) 883-3912

Siviq Scores

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

Liabilities / Assets

50th percentile

0.06x

Higher debt load relative to assets than 50% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

70th percentile

20%

Higher net margin than 70% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

79th percentile

$130,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

92nd percentile

78%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

74th percentile

32%

Faster revenue growth than 74% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$759,035

Up $333,784 (+78%) from 2021

Net Assets

Up

$711,189

Up $292,072 (+70%) from 2021

Liabilities

Up

$47,846

Up $41,712 (+680%) from 2021

Revenue

Up

$1,473,402

Up $356,855 (+32%) from 2021

Expenses

Up

$1,181,330

Up $214,873 (+22%) from 2021

Net Income

Up

$292,072

Up $141,982 (+95%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2017: $125,127Liabilities 2017: $6,828Net Assets 2017: $118,2992017Assets 2018: $168,837Liabilities 2018: $10,034Net Assets 2018: $158,8032018Assets 2019: $218,732Liabilities 2019: $35,937Net Assets 2019: $182,7952019Assets 2020: $326,655Liabilities 2020: $57,627Net Assets 2020: $269,0282020Assets 2021: $425,251Liabilities 2021: $6,134Net Assets 2021: $419,1172021Assets 2022: $759,035Liabilities 2022: $47,846Net Assets 2022: $711,1892022Assets 2023: $791,923Liabilities 2023: $49,110Net Assets 2023: $742,8132023Assets 2024: $736,985Liabilities 2024: $96,117Net Assets 2024: $640,8682024

Highlighted filing

2022

Assets$759,035
Liabilities$47,846
Net Assets$711,189

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $215,242Expenses 2017: $121,318Net Income 2017: $93,9242017Revenue 2018: $188,086Expenses 2018: $145,837Net Income 2018: $42,2492018Revenue 2019: $534,822Expenses 2019: $510,830Net Income 2019: $23,9922019Revenue 2020: $648,317Expenses 2020: $562,084Net Income 2020: $86,2332020Revenue 2021: $1,116,547Expenses 2021: $966,457Net Income 2021: $150,0902021Revenue 2022: $1,473,402Expenses 2022: $1,181,330Net Income 2022: $292,0722022Revenue 2023: $1,381,938Expenses 2023: $1,350,314Net Income 2023: $31,6242023Revenue 2024: $1,187,339Expenses 2024: $1,289,284Net Income 2024: -$101,9452024

Highlighted filing

2022

Revenue$1,473,402
Expenses$1,181,330
Net Income$292,072
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 12, 2023
Return Version
2022v5.0
Gross Receipts
$1,473,402
Mission and Program Overview

Mission

Providing accredited counseling degree program

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,236$547,124▲ $526,888
Cash and Non-Interest-Bearing Accounts$369,479$167,911▼ $201,568
Accounts Receivable$25,386$44,000▲ $18,614
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$425,251$759,035▲ $333,784
Other Assets Total$10,150$0▼ $10,150
Liabilities
Other Liabilities$6,134$29,476▲ $23,342
Accounts Payable and Accrued Expenses-$18,370-
Total Liabilities$6,134$47,846▲ $41,712
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$419,117$711,189▲ $292,072
Total Net Assets Fund Balance$419,117$711,189▲ $292,072
Total Liabilities and Net Assets / Fund Balance$425,251$759,035▲ $333,784

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$510,851$38,062$548,913
Equipment$19,039$10,185$29,224
Other Land Buildings$17,234$8,796$26,030
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jay OhPresidentFT$130,000$130,000
Revenue and Support

Revenue Composition

Contributions and Grants
$467,972
Program Service Revenue
$1,004,348
Investment Income
$12
Other Revenue
$1,070
All Other Contributions
$467,972
Change in Net Assets
$292,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$717,817
Salaries, Compensation, and Employee Benefits$463,513
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$207,453$90,000-$297,453
Occupancy$139,800--$139,800
Current Officers, Directors, Trustees, and Key Employees$70,000$60,000-$130,000
All Other Expenses$13,822$108,101-$121,923
Insurance-$39,623-$39,623
Payroll Taxes$36,060--$36,060
Depreciation Depletion-$33,923-$33,923
Other Expenses$28,759$50,463-$28,759
Fees for Services Other-$21,934-$21,934
Office Expenses-$9,806-$9,806
Travel$6,398--$6,398
Advertising-$4,958-$4,958
Fees for Services Accounting-$2,400-$2,400
Total Functional Expenses$760,122$421,208$0$1,181,330
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Payable$12,741
Wages Payable$12,351
Credit Card Payable$3,924
Payroll Taxes Payable$459
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Daybreak University
EIN
45-5063134
Phone
7148833912
Address
321 S State College Blvd, Anaheim, CA 92806

Signing Officer

Name
Jay Oh
Title
President
Signed
2023-07-12
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
CA
Voting Board Members
1
Independent Board Members
0
Employees
6

Preparer

Firm
Lim and Lim Accountancy Corporation
Address
3700 WILSHIRE BLVD SUITE 752, LOS ANGELES, CA 90010
Preparer
Choon Taik Lim CPA
Phone
2133804646
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Auto Expense: Column (A) - Total = $21763; Column (B) - Program Services = $0; Column (C) - Management & General = $21763; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Donation: Column (A) - Total = $1700; Column (B) - Program Services = $0; Column (C) - Management & General = $1700; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Due & Subscription: Column (A) - Total = $18443; Column (B) - Program Services = $0; Column (C) - Management & General = $18443; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Event expenses: Column (A) - Total = $17357; Column (B) - Program Services = $0; Column (C) - Management & General = $17357; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Internet and Telephone: Column (A) - Total = $10053; Column (B) - Program Services = $0; Column (C) - Management & General = $10053; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Library Expense: Column (A) - Total = $4474; Column (B) - Program Services = $4474; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Meal: Column (A) - Total = $13544; Column (B) - Program Services = $0; Column (C) - Management & General = $13544; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Postage and Shipping: Column (A) - Total = $1194; Column (B) - Program Services = $0; Column (C) - Management & General = $1194; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Repair and Maintenance: Column (A) - Total = $6786; Column (B) - Program Services = $0; Column (C) - Management & General = $6786; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Security : Column (A) - Total = $16776; Column (B) - Program Services = $0; Column (C) - Management & General = $16776; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Tax & License: Column (A) - Total = $485; Column (B) - Program Services = $0; Column (C) - Management & General = $485; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Utilities: Column (A) - Total = $9348; Column (B) - Program Services = $9348; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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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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IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Auto Expense: Column (A) - Total = $21763; Column (B) - Program Services = $0; Column (C) - Management & General = $21763; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Donation: Column (A) - Total = $1700; Column (B) - Program Services = $0; Column (C) - Management & General = $1700; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Due & Subscription: Column (A) - Total = $18443; Column (B) - Program Services = $0; Column (C) - Management & General = $18443; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Event expenses: Column (A) - Total = $17357; Column (B) - Program Services = $0; Column (C) - Management & General = $17357; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Internet and Telephone: Column (A) - Total = $10053; Column (B) - Program Services = $0; Column (C) - Management & General = $10053; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Library Expense: Column (A) - Total = $4474; Column (B) - Program Services = $4474; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Meal: Column (A) - Total = $13544; Column (B) - Program Services = $0; Column (C) - Management & General = $13544; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Postage and Shipping: Column (A) - Total = $1194; Column (B) - Program Services = $0; Column (C) - Management & General = $1194; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Repair and Maintenance: Column (A) - Total = $6786; Column (B) - Program Services = $0; Column (C) - Management & General = $6786; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Security : Column (A) - Total = $16776; Column (B) - Program Services = $0; Column (C) - Management & General = $16776; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Tax & License: Column (A) - Total = $485; Column (B) - Program Services = $0; Column (C) - Management & General = $485; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Utilities: Column (A) - Total = $9348; Column (B) - Program Services = $9348; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0425251
IRS990/TotalAssetsEOYAmt0759035
IRS990/TotalAssetsGrp/BOYAmt0425251
IRS990/TotalAssetsGrp/EOYAmt0759035
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0467972
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0421208
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0760122
IRS990/TotalFunctionalExpensesGrp/TotalAmt01181330
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06134
IRS990/TotalLiabilitiesEOYAmt047846
IRS990/TotalLiabilitiesGrp/BOYAmt06134
IRS990/TotalLiabilitiesGrp/EOYAmt047846
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0419117
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0711189
IRS990/TotalProgramServiceExpensesAmt0760122
IRS990/TotalProgramServiceRevenueAmt01004348
IRS990/TotalReportableCompFromOrgAmt0130000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01005430
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01473402
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0425251
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0759035
IRS990/TravelGrp/ProgramServicesAmt06398
IRS990/TravelGrp/TotalAmt06398
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0321 S State College Blvd
IRS990/USAddress/CityNm0Anaheim
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092806
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0www.daybreak.education
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jay Oh
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Daybreak University
ReturnHeader/Filer/BusinessNameControlTxt0DAYB
ReturnHeader/Filer/EIN0455063134
ReturnHeader/Filer/PhoneNum07148833912
ReturnHeader/Filer/USAddress/AddressLine1Txt0321 S State College Blvd
ReturnHeader/Filer/USAddress/CityNm0Anaheim
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092806
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270608777
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LIM AND LIM ACCOUNTANCY CORPORATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03700 WILSHIRE BLVD SUITE 752
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090010
ReturnHeader/PreparerPersonGrp/PhoneNum02133804646
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Choon Taik Lim CPA
ReturnHeader/ReturnTs02023-07-12T16:50:15-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jay
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Oh
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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