Civic Intelligence

Give a Beat Foundation

990 • Fiscal year 2021 • EIN 46-1378116

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 02, 2022

387 S Coast HwyLaguna Beach, CA 92651

(818) 516-6959

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

22nd percentile

-13%

Higher net margin than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

84th percentile

$18,472

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-53%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

35th percentile

-14%

Faster revenue growth than 35% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$50,519

Down $56,337 (-53%) from 2020

Net Assets

Down

$49,537

Down $26,305 (-35%) from 2020

Liabilities

Down

$982

Down $30,032 (-97%) from 2020

Revenue

Down

$203,124

Down $33,728 (-14%) from 2020

Expenses

Up

$229,429

Up $24,381 (+12%) from 2020

Net Income

Down

-$26,305

Down $58,109 (-183%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0-$100KAssets 2015: $6,039Liabilities 2015: $6,280Net Assets 2015: -$2412015Assets 2016: $12,572Liabilities 2016: $672Net Assets 2016: $11,9002016Assets 2017: $13,923Liabilities 2017: $2,425Net Assets 2017: $11,4982017Assets 2018: $3,032Liabilities 2018: $270Net Assets 2018: $2,7622018Assets 2019: $44,569Liabilities 2019: $531Net Assets 2019: $44,0382019Assets 2020: $106,856Liabilities 2020: $31,014Net Assets 2020: $75,8422020Assets 2021: $50,519Liabilities 2021: $982Net Assets 2021: $49,5372021Assets 2022: $237,223Liabilities 2022: $4,001Net Assets 2022: $233,2222022Assets 2023: $272,862Liabilities 2023: $2,794Net Assets 2023: $270,0682023Assets 2024: $329,048Liabilities 2024: $3,348Net Assets 2024: $325,7002024

Highlighted filing

2021

Assets$50,519
Liabilities$982
Net Assets$49,537

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $53,653Expenses 2015: $61,580Net Income 2015: -$7,9272015Revenue 2016: $64,887Expenses 2016: $52,746Net Income 2016: $12,1412016Revenue 2017: $44,208Expenses 2017: $44,610Net Income 2017: -$4022017Revenue 2018: $30,852Expenses 2018: $39,588Net Income 2018: -$8,7362018Revenue 2019: $168,150Expenses 2019: $126,874Net Income 2019: $41,2762019Revenue 2020: $236,852Expenses 2020: $205,048Net Income 2020: $31,8042020Revenue 2021: $203,124Expenses 2021: $229,429Net Income 2021: -$26,3052021Revenue 2022: $492,056Expenses 2022: $308,371Net Income 2022: $183,6852022Revenue 2023: $637,846Expenses 2023: $601,000Net Income 2023: $36,8462023Revenue 2024: $799,216Expenses 2024: $743,584Net Income 2024: $55,6322024

Highlighted filing

2021

Revenue$203,124
Expenses$229,429
Net Income-$26,305
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 2, 2022
Return Version
2021v4.0
Gross Receipts
$203,124
Mission and Program Overview

Mission

To channel the power of global dance music to fuel collective action toward positive social change and to create economic opportunities for individuals in need.

Give a beat's mission is to use the power of music as a pathway to healing and opportunity for those impacted by the criminal justice system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$106,856$50,519▼ $56,337
Rtn Earn Endowment Incm Other Fnds$75,842$49,537▼ $26,305
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$106,856$50,519▼ $56,337
Other Assets Total-$0-
Liabilities
Other Liabilities$31,014$982▼ $30,032
Total Liabilities$31,014$982▼ $30,032
Net Assets / Fund Balance
Total Net Assets Fund Balance$75,842$49,537▼ $26,305
Total Liabilities and Net Assets / Fund Balance$106,856$50,519▼ $56,337
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lauren SegalPresidentPT$18,472$18,472

Board Members and Trustees

NameTitle
Jack PiattBoard Member
Matthew AdellBoard Member
Michael MendozaBoard Member
Todd RobertsBoard Member
Vladmir AcevedoBoard Member
Gregory Neil LucasTreasurer
Virginia CheungVP/ Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$74,818
Program Service Revenue
$99,746
Investment Income
$0
Other Revenue
$28,560
All Other Contributions
$73,487
Change in Net Assets
$-26,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$198,589
Salaries, Compensation, and Employee Benefits$30,840
Total Fundraising Expense$5,886
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$14,778$1,847$1,847$18,472
Payroll Taxes-$12,018-$12,018
Fees for Services Other-$7,357$4,039$11,396
Insurance-$3,319-$3,319
All Other Expenses-$2,355-$2,355
Fees for Services Accounting-$2,335-$2,335
Office Expenses-$1,883-$1,883
Fees for Services Legal-$1,285-$1,285
Other Expenses$171,617$1,220-$1,220
Other Salaries and Wages-$350-$350
Interest-$205-$205
Total Functional Expenses$186,395$37,148$5,886$229,429
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
Visa Credit Card Payable$982
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

An electronic copy of form 990 is provided to board members after filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Give a Beat Foundation
EIN
46-1378116
Phone
8185166959
Address
387 S COAST HWY, LAGUNA BEACH, CA 92651

Signing Officer

Name
Lauren Segal
Title
President
Signed
2022-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren Segal
Formed
2012
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
4
Volunteers
10

Preparer

Firm
Cynthia Stanley Kasper CPA
Address
4356 POINT REYES CT, CARLSBAD, CA 92010
Preparer
Cynthia Stanley Kasper
Phone
7607291038
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: the "on a new track" reentry mentoring program connects music industry professionals with previously incarcerated individuals to learn djing, music production, and related business and entrepreneurial skills to improve employment outcomes.

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IRS990/PYTotalExpensesAmt0205048
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/RevenueAmt096332
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt017582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0287053
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IRS990ScheduleA/TotalSupportAmt0315613
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: THE "ON A NEW TRACK" REENTRY MENTORING PROGRAM CONNECTS MUSIC INDUSTRY PROFESSIONALS WITH PREVIOUSLY INCARCERATED INDIVIDUALS TO LEARN DJING, MUSIC PRODUCTION, AND RELATED BUSINESS AND ENTREPRENEURIAL SKILLS TO IMPROVE EMPLOYMENT OUTCOMES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AN ELECTRONIC COPY OF FORM 990 IS PROVIDED TO BOARD MEMBERS AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0203124
IRS990/TotalVolunteersCnt010
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt050519
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0387 S COAST HWY
IRS990/USAddress/CityNm0LAGUNA BEACH
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IRS990/USAddress/ZIPCd092651
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.GIVEABEAT.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LAUREN SEGAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-02

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