Civic Intelligence

Project Lemonade Inc C/O Cynthia Fraser

990 • Fiscal year 2018 • EIN 46-1675159

Nov 01, 2017 to Oct 31, 2018 • Filed on Jul 08, 2019

PO Box 96144Portland, OR 97296-6003

(503) 395-3976

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

74th percentile

17%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

93rd percentile

92%

Faster asset growth than 93% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

8th percentile

-38%

Faster revenue growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$695,656

Up $333,912 (+92%) from 2017

Net Assets

Up

$695,656

Up $333,912 (+92%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$415,303

Down $251,594 (-38%) from 2017

Expenses

Down

$343,337

Down $204,029 (-37%) from 2017

Net Income

Down

$71,966

Down $47,565 (-40%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $34,504Liabilities 2013: $0Net Assets 2013: $34,5042013Assets 2014: $94,174Liabilities 2014: $02014Assets 2015: $189,839Liabilities 2015: $0Net Assets 2015: $189,8392015Assets 2016: $242,213Liabilities 2016: $0Net Assets 2016: $242,2132016Assets 2017: $361,744Liabilities 2017: $0Net Assets 2017: $361,7442017Assets 2018: $695,656Liabilities 2018: $0Net Assets 2018: $695,6562018Assets 2019: $739,583Liabilities 2019: $4,555Net Assets 2019: $735,0282019Assets 2020: $996,150Liabilities 2020: $27,299Net Assets 2020: $968,8512020Assets 2021: $1,129,894Liabilities 2021: $14,256Net Assets 2021: $1,115,6382021Assets 2022: $1,368,137Liabilities 2022: $8,967Net Assets 2022: $1,359,1702022Assets 2023: $1,445,153Liabilities 2023: $38,235Net Assets 2023: $1,406,9182023Assets 2024: $1,432,081Liabilities 2024: $39,206Net Assets 2024: $1,392,8752024

Highlighted filing

2018

Assets$695,656
Liabilities$0
Net Assets$695,656

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $64,605Expenses 2013: $30,101Net Income 2013: $34,5042013Revenue 2014: $120,467Expenses 2014: $60,797Net Income 2014: $59,6702014Revenue 2015: $229,797Expenses 2015: $134,132Net Income 2015: $95,6652015Revenue 2016: $333,147Expenses 2016: $280,773Net Income 2016: $52,3742016Revenue 2017: $666,897Expenses 2017: $547,366Net Income 2017: $119,5312017Revenue 2018: $415,303Expenses 2018: $343,337Net Income 2018: $71,9662018Revenue 2019: $645,210Expenses 2019: $610,476Net Income 2019: $34,7342019Revenue 2020: $822,031Expenses 2020: $588,208Net Income 2020: $233,8232020Revenue 2021: $803,906Expenses 2021: $657,119Net Income 2021: $146,7872021Revenue 2022: $1,162,641Expenses 2022: $911,045Net Income 2022: $251,5962022Revenue 2023: $875,563Expenses 2023: $827,815Net Income 2023: $47,7482023Revenue 2024: $1,345,404Expenses 2024: $1,354,749Net Income 2024: -$9,3452024

Highlighted filing

2018

Revenue$415,303
Expenses$343,337
Net Income$71,966
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Jul 8, 2019
Return Version
2017v2.3
Gross Receipts
$434,914
Mission and Program Overview

Mission

To serve foster children and children under the supervision of the oregon department of health services in oregon and southern washington via contributions of clothing and school supplies.

Project lemonade provides foster youth with a back-to-school shopping experience and offers support to inspire self-esteem and promote success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$361,744$695,656▲ $333,912
Cash and Non-Interest-Bearing Accounts$290,744$363,368▲ $72,624
Inventories for Sale or Use-$261,946-
Savings and Temporary Cash Investments$71,000$70,342▼ $658
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$361,744$695,656▲ $333,912
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$361,744$695,656▲ $333,912
Total Liabilities and Net Assets / Fund Balance$361,744$695,656▲ $333,912
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betsy LakePresident
Rhonda MeadowsVice President
Andrea WetselDirector
Anthony PrestonDirector
Austin BlytheDirector
Betsy KobackDirector
Cynthia FraserDirector
Dawn TangvaldDirector
Heidi GrenleyDirector
Janet CathcartDirector
Jonathan CavanaghDirector
Kirsten BradyDirector
Laurel StricklerDirector
Linda FaveroDirector
Maria PonziDirector
Sara WrightDirector
Sarah AllenDirector
Teri BeattyDirector
Karen HinsdaleSecretary
Michael LiskaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$280,646
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$134,657
All Other Contributions
$265,799
Change in Net Assets
$71,966

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$97,680Fair Market Value
Total Noncash Contributions$97,680-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$271,645
Salaries, Compensation, and Employee Benefits$71,692
Total Fundraising Expense$12,491
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,293$12,908$12,491$71,692
Occupancy$10,083--$10,083
Fees for Services Accounting-$8,752-$8,752
Advertising-$6,322-$6,322
Fees for Services Other$293$2,850-$3,143
Office Expenses$524$2,539-$3,063
Insurance-$2,906-$2,906
Information Technology-$2,791-$2,791
Other Expenses$2,158$191-$2,349
All Other Expenses-$2,188-$2,188
Conferences and Meetings-$546-$546
Total Functional Expenses$288,853$41,993$12,491$343,337
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$154,268
Fundraising Direct Expenses$19,611
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
2018 Luncheon$138,479$124,882$4,308$120,574
2018 Lift the Spirits$24,346$23,096$1,078$22,018
Total Events$169,115$154,268$19,611$134,657
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
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 A, Line 2

Betsy lake and janet cathcart, both board members, are sisters

Form 990, Part VI, Section B, Line 11B

EMAIL DISTRIBUTION

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

Annual conflict of interest form to be signed by board directors at annual board meeting.

Form 990, Part VI, Section C, Line 19

Upon request to garvey schubert barer at 121 sw morrison street #1100, portland, or 97204.

Filing and Contact Details

Filer

Filer Name
Project Lemonade Inc
EIN
46-1675159
Phone
5033953976
Address
PO BOX 96144, PORTLAND, OR 97296-6003

Signing Officer

Name
Michael Liska
Title
Treasurer
Phone
5033953976
Signed
2019-07-08

Organization Details

Principal Officer
Michael Liska
Formed
2012
Legal Domicile
Or
Voting Board Members
20
Independent Board Members
20
Employees
4
Volunteers
750
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

Historically, project lemonade has not recorded inventory. The procedure was to expense all current year purchases. Inventory is now being tracked and the balance sheet reflects the year-end balance. A prior period adjustment has been made for the change in accounting method.

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IRS990/MissionDesc0TO SERVE FOSTER CHILDREN AND CHILDREN UNDER THE SUPERVISION OF THE OREGON DEPARTMENT OF HEALTH SERVICES IN OREGON AND SOUTHERN WASHINGTON VIA CONTRIBUTIONS OF CLOTHING AND SCHOOL SUPPLIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0695656
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0134657
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0134657
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt097680
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt010083
IRS990/OccupancyGrp/TotalAmt010083
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02539
IRS990/OfficeExpensesGrp/ProgramServicesAmt0524
IRS990/OfficeExpensesGrp/TotalAmt03063
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSE (CLOTHI
IRS990/OtherExpensesGrp/Desc1WISH AND MENTORSHIP EXP
IRS990/OtherExpensesGrp/Desc2INTERNSHIP EXPENSES
IRS990/OtherExpensesGrp/Desc3MISCELLENEOUS EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0191
IRS990/OtherExpensesGrp/ProgramServicesAmt0219864
IRS990/OtherExpensesGrp/ProgramServicesAmt15981
IRS990/OtherExpensesGrp/ProgramServicesAmt23657
IRS990/OtherExpensesGrp/ProgramServicesAmt32158
IRS990/OtherExpensesGrp/TotalAmt0219864
IRS990/OtherExpensesGrp/TotalAmt15981
IRS990/OtherExpensesGrp/TotalAmt23657
IRS990/OtherExpensesGrp/TotalAmt32349
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012491
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012908
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt046293
IRS990/OtherSalariesAndWagesGrp/TotalAmt071692
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL LISKA
IRS990/PriorPeriodAdjustmentsAmt0261946
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0507514
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/PYOtherExpensesAmt0496159
IRS990/PYOtherRevenueAmt0159383
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0119531
IRS990/PYSalariesCompEmpBnftPaidAmt051207
IRS990/PYTotalExpensesAmt0547366
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0666897
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt071966
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0265799
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0361744
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0695656
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0153026
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058355
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0159069
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0185100
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0102155
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0102656
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt06250
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0555230
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01556523
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0413130
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0691619
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0255181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0131988
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt064605
IRS990ScheduleA/Total509Grp/TotalAmt01556523
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0413130
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0691619
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0255181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0131988
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt064605
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01556523
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt014847
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt013597
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt01250
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019611
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm02018 LUNCHEON
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm02018 LIFT THE SPIRITS
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt012370
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0861
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt013231
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0138479
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt024346
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0169115
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0124882
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt023096
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0154268
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0134657
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05386
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04308
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01078
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0667
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt0327
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0994
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt097680
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BETSY LAKE AND JANET CATHCART, BOTH BOARD MEMBERS, ARE SISTERS

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