Civic Intelligence

Hip Hop Sisters Foundation Inc.

990 • Fiscal year 2016 • EIN 45-5540912

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 16, 2017

14431 Ventura Blvd 120Sherman Oaks, CA 91423-2606

(855) 625-9831

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

62nd percentile

8.7%

Higher net margin than 62% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

89th percentile

74%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

96th percentile

208%

Faster revenue growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$29,758

Up $12,664 (+74%) from 2015

Net Assets

Up

$29,758

Up $12,664 (+74%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$146,178

Up $98,643 (+208%) from 2015

Expenses

Up

$133,514

Up $79,375 (+147%) from 2015

Net Income

Up

$12,664

Up $19,268 (+292%) from 2015

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2012: $41Liabilities 2012: $02012Assets 2015: $17,094Liabilities 2015: $0Net Assets 2015: $17,0942015Assets 2016: $29,758Liabilities 2016: $0Net Assets 2016: $29,7582016Assets 2017: $573Liabilities 2017: $0Net Assets 2017: $5732017Assets 2018: $219Liabilities 2018: $0Net Assets 2018: $2192018

Highlighted filing

2016

Assets$29,758
Liabilities$0
Net Assets$29,758

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $29,379Expenses 2012: $29,338Net Income 2012: $412012Revenue 2015: $47,535Expenses 2015: $54,139Net Income 2015: -$6,6042015Revenue 2016: $146,178Expenses 2016: $133,514Net Income 2016: $12,6642016Revenue 2017: $59,125Expenses 2017: $88,310Net Income 2017: -$29,1852017Revenue 2018: $71,769Expenses 2018: $72,123Net Income 2018: -$3542018

Highlighted filing

2016

Revenue$146,178
Expenses$133,514
Net Income$12,664
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 16, 2017
Return Version
2016v3.0
Gross Receipts
$374,329
Mission and Program Overview

Mission

Educational. Hip Hop Sisters Foundation provides educational opportunities for youth and adults in order for them to become empowered and responsible citizens. We do this by bringing leaders together from the world of hip hop, the entertainment industry and the corporate world. We provide educational opportunities that support youth and adults on cultural issues, financial empowerment, health and wellness, and mentorship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,094$29,758▲ $12,664
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$17,094$29,758▲ $12,664
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$17,094$29,758▲ $12,664
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$17,094$29,758▲ $12,664
Total Liabilities and Net Assets / Fund Balance$17,094$29,758▲ $12,664
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lana MoorerChair
Carrlynn RichardsonPresident
Felicia ShawSecretary Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$329,329
Program Service Revenue
$45,000
Investment Income
$0
Other Revenue
$-228,151
All Other Contributions
$79,300
Change in Net Assets
$12,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,764
Grants and Similar Amounts Paid$43,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$86,831$0$0$86,831
Grants to Domestic Individuals$43,750--$43,750
Office Expenses$1,515$0$0$1,515
Advertising$1,418$0$0$1,418
Total Functional Expenses$133,514$0$0$133,514
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$228,151
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wealth Experience Conference$231,429$0$46,053$-46,053
Celebration of Firsts LA$18,600$0$7,208$-7,208
Total Events$250,029$0$228,151$-228,151
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

Part VI, Section B, Line 11B

We will review and compare with financial records.

Part VI, Section B, Line 12C

We consistently manage our activities against the 1023 Statement of Activities and we have stuck to the regular course of conducting our programs with no deviation,

Part VI, Section C, Line 19

WE must file with the attorney general of California all documents and they are available to the public.

Filing and Contact Details

Filer

Filer Name
Hip Hop Sisters Foundation Inc
EIN
45-5540912
In Care Of
% Lana Moorer
Phone
8556259831
Address
14431 Ventura Blvd 120, Sherman Oaks, CA 91423-2606

Signing Officer

Name
Lana Moorer
Title
Chair
Phone
8556259831
Signed
2017-11-16

Organization Details

Formed
2012
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
30
Supplemental Narrative

Additional Explanations

Part IX, line 11G

| Description:, Amount:| $12,500 Wright Productions - event planning, $12500| $500 Brandy Bedenfield - administrative, $500| $9,000 Captivate Marketing - event planning, $9000| $26,500 Latoyia Dennis - program and administrative, $26500| $900 Jason Griffin - event wardrobe, $900| $3246.97 - HoneyShine mentoring, $3246| $1500 - Jacob LeShaa graphic design, $1500| $5000 - Prolific Music event service, $5000| $3250 - Ariel Rainey marketing, $3250| $3000 - Kenneth Robinson pr services, $3000| $15000 - Diseree Clay program and admin, $15000| $3750 - Fearless Won LLC education services, $3750| Cydney Richardson 185 mentoring administrative help, $185| 2500 Ingrid Morris event services, $2500|

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IRS990/Desc0Women, wealth and relationships has provided financial literacy and empowerment to youth and adults nationwide through panel discussions, workshops, seminars and free financial literacy information. We conducted in person educational seminars in 2016 in Los Angeles, New Orleans, Las Vegas, Atlanta, New York, and Raleigh/Durham NC , and finally, we held our first annual educational event in Miami in January of 2016. We conducted a free weekly educational call to provide financial education for over 26 weeks. Contributions received through these activities support our educational grants that we give to college students.
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IRS990/MissionDesc0Educational. Hip Hop Sisters Foundation provides educational opportunities for youth and adults in order for them to become empowered and responsible citizens. We do this by bringing leaders together from the world of hip hop, the entertainment industry and the corporate world. We provide educational opportunities that support youth and adults on cultural issues, financial empowerment, health and wellness, and mentorship.
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IRS990/ProgSrvcAccomActy2Grp/Desc0#EducateOurMen is an initiative wherein we provide provide access to education, career and personal mentoring, and cultural education and social responsibility for young men. We provided grants to assist with college tuition to four males who attend Dillard University. We held one fundraising events for the year and we provided our grant recipients with mentoring and support. Our fundraising efforts are aimed at providing additional grants to college students. We also partnered with the Honeyshine mentoring program and serviced over 70 young women in south central Los Angeles during 2016. We provided educational materials, an end of the year party and access to sessions on self esteem, financial literacy, and health. We provided a grant to assist with college tuition to one female graduate of the program who attends Dillard University.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt019825
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0-11767
IRS990/ProgSrvcAccomActy3Grp/Desc0Project reassurance is a partnership with Sigma Gamma Rho Sorority, an non-profit organization, where we provide educational and resources promoting a healthy lifestyle and healthy living for women and youth. We continued to circulate free information about health and wellness to the organization and the youth they serve via a video that was created for such purposes.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08005
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0167072
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt020259
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt033880
IRS990/PYOtherRevenueAmt0-129537
IRS990/PYProgramServiceRevenueAmt010000
IRS990/PYRevenuesLessExpensesAmt0-6604
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt054139
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt047535
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt012664
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ReservesMaintainedAmt00
IRS990/RevenueAmt0-171384
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0329329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0107332
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0466661
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0399661
IRS990ScheduleA/SubstantialContributorsTotAmt067000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0329329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0107332
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0466661
IRS990ScheduleA/TotalSupportAmt0466661
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0250029
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0231429
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt018600
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0228151
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Wealth Experience Conference
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Celebration of Firsts LA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0231429
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt018600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0250029
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-228151
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt053261
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt046053
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07208
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0170331
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt04559
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0174890
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt012500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt112500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt26250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt36250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt46250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Grant assistant to Joshua Williams IV Attending Dillard University in the amount of 6250 spring 2016 and 6250 fall 2016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Grant assistant to Deven Berry Attending Dillard University in the amount of 6250 spring 2016 and 6250 fall 2016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2Grant assistant to John Lawson Attending Dillard University in the amount of 6250 fall 2016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3Grant assistant to Dyani Colon Attending Dillard University in the amount of 6250 fall 2016
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4Grant assistant to Neil Putzer Attending Dillard University in the amount of 6250 fall 2016

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