Civic Intelligence

Scholars First

990 • Fiscal year 2014 • EIN 46-1791857

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

18101 Von Karman Ave No 750Irvine, CA 92612

(949) 622-3709

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.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

97th percentile

81%

Higher net margin than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

96th percentile

237%

Faster asset growth than 96% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

96th percentile

191%

Faster revenue growth than 96% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$467,627

Up $328,727 (+237%) from 2013

Net Assets

$467,627

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$429,290

Up $281,790 (+191%) from 2013

Expenses

Up

$82,455

Up $73,855 (+859%) from 2013

Net Income

Up

$346,835

Up $207,935 (+150%) from 2013

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: $138,900Liabilities 2013: $02013Assets 2014: $467,627Liabilities 2014: $0Net Assets 2014: $467,6272014Assets 2015: $715,697Liabilities 2015: $0Net Assets 2015: $715,6972015Assets 2016: $913,170Liabilities 2016: $0Net Assets 2016: $913,1702016Assets 2017: $1,328,978Liabilities 2017: $0Net Assets 2017: $1,328,9782017Assets 2018: $1,423,643Liabilities 2018: $0Net Assets 2018: $1,423,6432018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2014

Assets$467,627
Liabilities$0
Net Assets$467,627

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $147,500Expenses 2013: $8,600Net Income 2013: $138,9002013Revenue 2014: $429,290Expenses 2014: $82,455Net Income 2014: $346,8352014Revenue 2015: $458,214Expenses 2015: $188,714Net Income 2015: $269,5002015Revenue 2016: $512,937Expenses 2016: $335,708Net Income 2016: $177,2292016Revenue 2017: $789,868Expenses 2017: $405,445Net Income 2017: $384,4232017Revenue 2018: $628,495Expenses 2018: $460,104Net Income 2018: $168,3912018Revenue 2019: $57,344Expenses 2019: $217,303Net Income 2019: -$159,9592019

Highlighted filing

2014

Revenue$429,290
Expenses$82,455
Net Income$346,835
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$429,290
Mission and Program Overview

Mission

To enable worthy children, especially those at-risk and disadvantaged, to obtain the education they need in order to become independent, productive, and contributing members of society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$138,900$467,627▲ $328,727
Investments in Publicly Traded Securities-$234,235-
Savings and Temporary Cash Investments$138,900$225,483▲ $86,583
Cash and Non-Interest-Bearing Accounts-$7,559-
Accounts Receivable-$350-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$138,900$467,627▲ $328,727
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$138,900$467,627▲ $328,727
Total Liabilities and Net Assets / Fund Balance$138,900$467,627▲ $328,727

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$0$250,000▼ $8,910-$241,793
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bruce M SmileyDirector
Cheryl H DeanDirector
David M WilsonDirector
Donald DahlDirector
Gary HuntDirector
Kent E SetonDirector
Lee HindmanDirector
Lisa RumbaughDirector
Ramin PourteymourDirector
Scott KavanaughDirector
Sheri BoraxDirector
Douglas FreemanDirector, Officer
Pamela CohenDirector, Officer
Marty DutchExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$418,620
Program Service Revenue
$0
Investment Income
$10,670
Other Revenue
$0
All Other Contributions
$418,620
Change in Net Assets
$346,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,272
Other Expenses$20,183
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$62,272--$62,272
Fees for Services Management$9,371--$9,371
Fees for Services Other$8,403--$8,403
Other Expenses$980$1,275-$980
Office Expenses-$154-$154
Total Functional Expenses$81,026$1,429$0$82,455
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
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

The directors listed in part vii have various business relationships with each other.

Form 990, Part VI, Section A, Line 8B

The organization does not have committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

Before filing, the organization's executive director reviews form 990. After all edits/changes by executive director are made, a copy of form 990 is sent to all individuals serving on the board of directors.

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

Annually, the organization circulates statements concerning possible conflicts of interest to be completed by all individuals serving on the board of directors. Once completed, the statements are reviewed and possible conflicts, if any, are addressed to ensure adherence to the organization's conflict of interest policy.

Form 990, Part VI, Section C, Line 18

Forms are available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Scholars First
EIN
46-1791857
Phone
9496223709
Address
18101 VON KARMAN AVE NO 750, IRVINE, CA 92612

Signing Officer

Name
Marty Dutch
Title
Executive Director
Phone
9496223709
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marty Dutch
Formed
2013
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Firm
Temo Arjani Llp
Address
301 EAST COLORADO BLVD 426, PASADENA, CA 91101
Preparer
William H Hranchak
Phone
6265781978
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Advisory fees: program service expenses 703. Management and general expenses 0. Fundraising expenses 0. Total expenses 703. Registration fees: program service expenses 50. Management and general expenses 0. Fundraising expenses 0. Total expenses 50. Consulting fees: program service expenses 4,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,000. Set-up fees: program service expenses 3,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,650.

Financial Statement Notes

PART V, LINE 4:

The endowment is used to fund scholarships and the administration of the scholarship program.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0147500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0566120
IRS990ScheduleA/TotalSupportAmt0566120
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0-703
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0250000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0241793
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-8910
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT IS USED TO FUND SCHOLARSHIPS AND THE ADMINISTRATION OF THE SCHOLARSHIP PROGRAM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt062272
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR STUDENTS ATTENDING A PARTICULAR SCHOOL
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt016
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTORS LISTED IN PART VII HAVE VARIOUS BUSINESS RELATIONSHIPS WITH EACH OTHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BEFORE FILING, THE ORGANIZATION'S EXECUTIVE DIRECTOR REVIEWS FORM 990. AFTER ALL EDITS/CHANGES BY EXECUTIVE DIRECTOR ARE MADE, A COPY OF FORM 990 IS SENT TO ALL INDIVIDUALS SERVING ON THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUALLY, THE ORGANIZATION CIRCULATES STATEMENTS CONCERNING POSSIBLE CONFLICTS OF INTEREST TO BE COMPLETED BY ALL INDIVIDUALS SERVING ON THE BOARD OF DIRECTORS. ONCE COMPLETED, THE STATEMENTS ARE REVIEWED AND POSSIBLE CONFLICTS, IF ANY, ARE ADDRESSED TO ENSURE ADHERENCE TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORMS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ADVISORY FEES: PROGRAM SERVICE EXPENSES 703. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 703. REGISTRATION FEES: PROGRAM SERVICE EXPENSES 50. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50. CONSULTING FEES: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. SET-UP FEES: PROGRAM SERVICE EXPENSES 3,650. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,650.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0138900
IRS990/TotalAssetsEOYAmt0467627
IRS990/TotalAssetsGrp/BOYAmt0138900
IRS990/TotalAssetsGrp/EOYAmt0467627
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0418620
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01429
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt081026
IRS990/TotalFunctionalExpensesGrp/TotalAmt082455
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0138900
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0467627
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt081026
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt010670
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0429290
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0138900
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0467627
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt018101 VON KARMAN AVE 750
IRS990/USAddress/CityNm0IRVINE
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd092612
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARTY DUTCH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09496223709
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHOLARS FIRST
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0461791857
ReturnHeader/Filer/PhoneNum09496223709
ReturnHeader/Filer/USAddress/AddressLine1Txt018101 VON KARMAN AVE NO 750
ReturnHeader/Filer/USAddress/CityNm0IRVINE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092612
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954149172
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TEMO ARJANI LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 EAST COLORADO BLVD 426
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PASADENA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091101
ReturnHeader/PreparerPersonGrp/PhoneNum06265781978
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM H HRANCHAK

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