Civic Intelligence

Waterfront Education

990EZ • Fiscal year 2020 • EIN 46-1543808

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 05, 2023

PO Box 10003Torrance, CA 90505

(310) 684-3577

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

62nd percentile

14%

Higher net margin than 62% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

4th percentile

-81%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

31st percentile

-37%

Faster revenue growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$9,807

Down $42,718 (-81%) from 2019

Net Assets

$9,807

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$75,588

Down $44,002 (-37%) from 2019

Expenses

Down

$65,198

Down $18,498 (-22%) from 2019

Net Income

Down

$10,390

Down $25,504 (-71%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2016: $26,876Liabilities 2016: $3182016Assets 2017: $23,692Liabilities 2017: $02017Assets 2018: $16,631Liabilities 2018: $02018Assets 2019: $52,525Liabilities 2019: $02019Assets 2020: $9,807Liabilities 2020: $0Net Assets 2020: $9,8072020Assets 2021: $42,161Liabilities 2021: $7,308Net Assets 2021: $34,8532021Assets 2022: $52,842Liabilities 2022: $5,766Net Assets 2022: $47,0762022

Highlighted filing

2020

Assets$9,807
Liabilities$0
Net Assets$9,807

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2016: $88,488Expenses 2016: $62,944Net Income 2016: $25,5442016Revenue 2017: $93,196Expenses 2017: $96,380Net Income 2017: -$3,1842017Revenue 2018: $71,572Expenses 2018: $78,633Net Income 2018: -$7,0612018Revenue 2019: $119,590Expenses 2019: $83,696Net Income 2019: $35,8942019Revenue 2020: $75,588Expenses 2020: $65,198Net Income 2020: $10,3902020Revenue 2021: $189,304Expenses 2021: $164,258Net Income 2021: $25,0462021Revenue 2022: $275,021Expenses 2022: $259,696Net Income 2022: $15,3252022

Highlighted filing

2020

Revenue$75,588
Expenses$65,198
Net Income$10,390
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 5, 2023
Return Version
2020v4.1
Gross Receipts
$75,588
Mission and Program Overview

Mission

Marine environment education

Program Services

DescriptionGrantsExpenses
EDUCATIONAL EXPERIENCES FOCUSED ON THE MARINE ENVIRONMENT AND CONSERVATION. OUR PROGRAMS AND EVENTS UTILIZE OUR LOCAL OCEAN WATERS AS A NATURAL LEARNING PLATFORM.-$65,198
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIE COLLPresidentFT$0--
LYNETTE VAVREKTreasurer-$0--
TIM DORENBURGSafety Director-$0--
SANDRA BARTIROMOEducation And Curriculum Director-$0--
MARCI KLEINBoard Member-$0--
MARK MACHUZEKMarketing Director-$0--
ROBERT NICHOLSIt Director-$0--
ALAN WALTISafety And Curriculum Director-$0--
Filing and Contact Details

Filer

Filer Name
Waterfront Education
EIN
46-1543808
Address
PO BOX 10003, TORRANCE, CA 90505

Signing Officer

Name
Julie Coll
Title
President
Phone
3106843577
Signed
2023-03-05
Discuss with paid preparer
Yes

Preparer

Firm
Beckman Consulting
Address
20108 Anza Avenue, Torrance, CA 90503
Preparer
Julie Beckman
Phone
3103161982
Supplemental Narrative

Additional Explanations

General explanation attachment

2019 return was filed with incorrect accounts receivable information. The income was entered in bookkeeping software as program income but not reconciled with amounts entered in accounts receivable, thus creating a double asset for the entity.

Description of other expenses Part I line 16

Description amountmarketing 2,160finance fees 280captain and boat services 1,300equipment rental 3,500program supplies 489program meals 165charitable donation 375uniforms 629computer hardware 114software and internet 2,373office supplies 1,986phone 196postage 154office equip maintenance 100boat parade 2,150payroll fees 1,172liability insurance 4,325miscellaneous 1,461paroll taxes 4,210

Other changes in net assets or fund balances Part I line 20

Description amount2019 return acct rec reconcilia (53,108)

Description of other assets Part II line 24

Category beginning of year end of yearaccounts receivable 51,183 3,520

Raw XML Appendix184 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SAFETY DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EDUCATION AND CURRICULUM DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MARKETING DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6IT DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SAFETY AND CURRICULUM DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt02019 RETURN WAS FILED WITH INCORRECT ACCOUNTS RECEIVABLE INFORMATION. THE INCOME WAS ENTERED IN BOOKKEEPING SOFTWARE AS PROGRAM INCOME BUT NOT RECONCILED WITH AMOUNTS ENTERED IN ACCOUNTS RECEIVABLE, THUS CREATING A DOUBLE ASSET FOR THE ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTMARKETING 2,160FINANCE FEES 280CAPTAIN AND BOAT SERVICES 1,300EQUIPMENT RENTAL 3,500PROGRAM SUPPLIES 489PROGRAM MEALS 165CHARITABLE DONATION 375UNIFORMS 629COMPUTER HARDWARE 114SOFTWARE AND INTERNET 2,373OFFICE SUPPLIES 1,986PHONE 196POSTAGE 154OFFICE EQUIP MAINTENANCE 100BOAT PARADE 2,150PAYROLL FEES 1,172LIABILITY INSURANCE 4,325MISCELLANEOUS 1,461PAROLL TAXES 4,210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNT2019 RETURN ACCT REC RECONCILIA (53,108)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARACCOUNTS RECEIVABLE 51,183 3,520
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of other assets Part II line 24
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ReturnHeader/BusinessOfficerGrp/PhoneNum03106843577
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-05
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ReturnHeader/Filer/EIN0461543808
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ReturnHeader/PreparerPersonGrp/PhoneNum03103161982
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Julie Beckman
ReturnHeader/ReturnTs02023-04-06T13:39:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings