Civic Intelligence

Calcef Catalyst

990 • Fiscal year 2016 • EIN 46-2102162

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 04, 2018

436 14th Street No 1220Oakland, CA 94612

(415) 957-0167

Siviq Scores

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

Liabilities / Assets

99th percentile

2.59x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

8.68x

Higher debt load relative to revenue than 100% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

1st percentile

-241%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

96th percentile

$223,421

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 108.8% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

35th percentile

-0.7%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-36%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$688,390

Down $4,626 (-0.7%) from 2015

Net Assets

Down

-$1,094,405

Down $494,896 (-83%) from 2015

Liabilities

Up

$1,782,795

Up $490,270 (+38%) from 2015

Revenue

Down

$205,438

Down $114,109 (-36%) from 2015

Expenses

Up

$700,334

Up $319,123 (+84%) from 2015

Net Income

Down

-$494,896

Down $433,232 (-703%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2013: $154,985Liabilities 2013: $359,850Net Assets 2013: -$204,8652013Assets 2014: $427,164Liabilities 2014: $965,009Net Assets 2014: -$537,8452014Assets 2015: $693,016Liabilities 2015: $1,292,525Net Assets 2015: -$599,5092015Assets 2016: $688,390Liabilities 2016: $1,782,795Net Assets 2016: -$1,094,4052016Assets 2017: $62,310Liabilities 2017: $1,323,439Net Assets 2017: -$1,261,1292017Assets 2018: $73,110Liabilities 2018: $1,225,781Net Assets 2018: -$1,152,6712018Assets 2019: $78,272Liabilities 2019: $1,310,677Net Assets 2019: -$1,232,4052019Assets 2020: $292,844Liabilities 2020: $1,514,716Net Assets 2020: -$1,221,8722020Assets 2021: $345,300Liabilities 2021: $1,693,503Net Assets 2021: -$1,348,2032021Assets 2022: $247,065Liabilities 2022: $145,403Net Assets 2022: $101,6622022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2016

Assets$688,390
Liabilities$1,782,795
Net Assets-$1,094,405

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $14,583Expenses 2013: $219,448Net Income 2013: -$204,8652013Revenue 2014: $252,167Expenses 2014: $585,147Net Income 2014: -$332,9802014Revenue 2015: $319,547Expenses 2015: $381,211Net Income 2015: -$61,6642015Revenue 2016: $205,438Expenses 2016: $700,334Net Income 2016: -$494,8962016Revenue 2017: $135,401Expenses 2017: $302,125Net Income 2017: -$166,7242017Revenue 2018: $248,959Expenses 2018: $140,501Net Income 2018: $108,4582018Revenue 2019: $136,074Expenses 2019: $215,808Net Income 2019: -$79,7342019Revenue 2020: $255,880Expenses 2020: $245,347Net Income 2020: $10,5332020Revenue 2021: $105,000Expenses 2021: $231,332Net Income 2021: -$126,3322021Revenue 2022: $1,687,125Expenses 2022: $237,260Net Income 2022: $1,449,8652022Revenue 2023: $136,000Expenses 2023: $137,958Net Income 2023: -$1,9582023

Highlighted filing

2016

Revenue$205,438
Expenses$700,334
Net Income-$494,896
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 4, 2018
Return Version
2016v3.0
Gross Receipts
$205,438
Mission and Program Overview

Mission

To promote clean energy in california and develop private sector leadership in advancing clean energy solutions.

Third year of operations for calcharge and planning a national battery manufacturing initiative.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$450,021-
Cash and Non-Interest-Bearing Accounts$567,411$226,926▼ $340,485
Accounts Receivable$123,750$9,723▼ $114,027
Land, Buildings, and Equipment, Net$1,855$0▼ $1,855
Prepaid Expenses and Deferred Charges-$1,720-
Total Assets$693,016$688,390▼ $4,626
Liabilities
Other Liabilities$1,086,764$1,716,263▲ $629,499
Deferred Revenue$203,125$56,875▼ $146,250
Accounts Payable and Accrued Expenses$2,636$9,657▲ $7,021
Total Liabilities$1,292,525$1,782,795▲ $490,270
Net Assets / Fund Balance
Unrestricted Net Assets$-599,509$-1,094,405▼ $494,896
Total Net Assets Fund Balance$-599,509$-1,094,405▼ $494,896
Total Liabilities and Net Assets / Fund Balance$693,016$688,390▼ $4,626

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,964$1,964
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Alex LuceProgram ManagerFT$129,094$129,094

Board Members and Trustees

NameTitle
Julie BlundenBoard Chair
Joshua Bar-levVice Chair
Barbara LloydBoard Member
Bernie KotlierBoard Member
Mark HartneyBoard Member
Michel GelobterBoard Member
Danny KennedyExecutive Director
Sherri PittmanManaging Director
Zarka PopovicOperations Manager
Patrick Von BargenSecretary & Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$205,417
Investment Income
$21
Other Revenue
$0
Change in Net Assets
$-494,896
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$380,541
Other Expenses$319,793
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$297,212
Fees for Services Other---$168,461
Travel---$37,084
Other Employee Benefits---$31,854
Payroll Taxes---$23,326
Occupancy---$22,786
Current Officers, Directors, Trustees, and Key Employees---$18,236
Office Expenses---$16,543
Fees for Services Legal---$12,624
Conferences and Meetings---$10,164
Pension Plan Contributions---$9,913
Insurance---$7,324
Fees for Services Accounting---$7,296
Other Expenses---$4,000
Interest---$2,194
Depreciation Depletion---$1,855
Information Technology---$1,830
Total Functional Expenses$0$0$0$700,334
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Calcef Ventures$1,494,164
Related Party Notes Payable$219,434
Due to Calcef Innovations$2,665
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 B, Line 11B

Executive director of catalyst and president of calcharge will review in detail and discuss any sensitive matters with the board chair.

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

Annual request by operations staff to board members and key employees (defined based on officer title and/or remuneration above threshold income) to resign conflict of interest policy and disclose any new potential conflicts vs prior year. Any new items are elevated to board for review and possible action (hasn't been applicable yet.)

Form 990, Part VI, Section B, Line 15A

Benchmarking against compensation levels in affiliated organizations. This process was last undertaken in 2015.

Form 990, Part VI, Section C, Line 19

In 2016, calcef catalyst did not make its governing documents, conflict of interest policy, or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Calcef Catalyst
EIN
46-2102162
Phone
4159570167
Address
436 14TH STREET NO 1220, OAKLAND, CA 94612

Signing Officer

Name
Danny Kennedy
Title
Executive Director
Phone
4159570167
Signed
2018-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danny Kennedy
Formed
2013
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Gilbert Associates Inc
Address
2880 GATEWAY OAKS DR STE 100, SACRAMENTO, CA 95833
Preparer
Terra a Van Zant
Phone
9166466464
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Public relations 17,507. Consulting 150,954.

Form 990, Part XII, Line 2C

The organization obtained its first review for the year ended december 31, 2016; therefore, the process was new for 2016.

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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01964
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12665
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2219434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CALCEF VENTURES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO CALCEF INNOVATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RELATED PARTY NOTES PAYABLE
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IRS990ScheduleD/TotalLiabilityAmt01716263
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1166400
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt16656
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt22917
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt112280
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt25151
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANNY KENNEDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ZARKA POPOVIC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2SHERRI PITTMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1OPERATIONS MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2MANAGING DIRECTOR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0223421
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1185336
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2220068
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR OF CATALYST AND PRESIDENT OF CALCHARGE WILL REVIEW IN DETAIL AND DISCUSS ANY SENSITIVE MATTERS WITH THE BOARD CHAIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL REQUEST BY OPERATIONS STAFF TO BOARD MEMBERS AND KEY EMPLOYEES (DEFINED BASED ON OFFICER TITLE AND/OR REMUNERATION ABOVE THRESHOLD INCOME) TO RESIGN CONFLICT OF INTEREST POLICY AND DISCLOSE ANY NEW POTENTIAL CONFLICTS VS PRIOR YEAR. ANY NEW ITEMS ARE ELEVATED TO BOARD FOR REVIEW AND POSSIBLE ACTION (HASN'T BEEN APPLICABLE YET.)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BENCHMARKING AGAINST COMPENSATION LEVELS IN AFFILIATED ORGANIZATIONS. THIS PROCESS WAS LAST UNDERTAKEN IN 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN 2016, CALCEF CATALYST DID NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PUBLIC RELATIONS 17,507. CONSULTING 150,954.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION OBTAINED ITS FIRST REVIEW FOR THE YEAR ENDED DECEMBER 31, 2016; THEREFORE, THE PROCESS WAS NEW FOR 2016.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0CALCEF CATALYST
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CALCHARGE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0462514406
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0719388
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0DEVELOPMENT AND DEPLOYMENT OF CLEAN ENERGY
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0CALIFORNIA CLEAN ENERGY FUND DBA CALCEF VENTURES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CALIFORNIA CLEAN ENERGY FUND DBA CALCEF VENTURES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CALCEF INNOVATIONS
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0INVESTMENTS THAT ADDRESS CRITICAL GAPS IN THE CLEAN ENERGY MARKETPLACE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1GROW CLEAN ENERGY MARKETS & ACCELERATE THE ADOPTION OF CLEAN ENERGY TECH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0436 14TH STREET SUITE 1200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1436 14TH STREET SUITE 1200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0OAKLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1OAKLAND
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094612
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0693016
IRS990/TotalAssetsEOYAmt0688390
IRS990/TotalAssetsGrp/BOYAmt0693016
IRS990/TotalAssetsGrp/EOYAmt0688390

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