Civic Intelligence

Clear Association Inc

EIN 46-2553300 • 501(c)6 • Los Angeles, CA

Profile

A community of Copyright Clearance and Entertainment Research Professionals with the goal to pool our experience and knowledge to further the reach and access of its members; providing professional networking, social and educational seminars for our members.

706 N VendomeLos Angeles, CA 90026

www.clearinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

92nd percentile

37%

Higher net margin than 92% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

87th percentile

33%

Faster asset growth than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

47th percentile

-1.9%

Faster revenue growth than 47% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$15,091

Up $3,739 (+33%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Up

$15,091

Up $3,739 (+33%) from 2016

Revenue

Down

$10,052

Down $198 (-1.9%) from 2016

Expenses

Up

$6,313

Up $1,571 (+33%) from 2016

Net Income

Down

$3,739

Down $1,769 (-32%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20K$15K$10K$5.0K$0Assets 2013: $5,686Liabilities 2013: $0Net Assets 2013: $5,6862013Assets 2014: $6,065Liabilities 2014: $0Net Assets 2014: $6,0652014Assets 2015: $5,844Liabilities 2015: $0Net Assets 2015: $5,8442015Assets 2016: $11,352Liabilities 2016: $0Net Assets 2016: $11,3522016Assets 2017: $15,091Liabilities 2017: $0Net Assets 2017: $15,0912017

Highlighted filing

2017

Assets$15,091
Liabilities$0
Net Assets$15,091

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2013: $22,084Expenses 2013: $16,398Net Income 2013: $5,6862013Revenue 2014: $15,175Expenses 2014: $14,796Net Income 2014: $3792014Revenue 2015: $10,872Expenses 2015: $11,093Net Income 2015: -$2212015Revenue 2016: $10,250Expenses 2016: $4,742Net Income 2016: $5,5082016Revenue 2017: $10,052Expenses 2017: $6,313Net Income 2017: $3,7392017

Highlighted filing

2017

Revenue$10,052
Expenses$6,313
Net Income$3,739

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$10,052
Mission and Program Overview

Mission

A community of copyright clearance and entertainment research professionals with the goal to pool our experience and knowledge to further the reach and access of its members; providing professional networking, social and educational seminars for our members

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,352$15,091▲ $3,739
Total Assets$11,352$15,091▲ $3,739
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$11,352$15,091▲ $3,739
Total Net Assets Fund Balance$11,352$15,091▲ $3,739
Total Liabilities and Net Assets / Fund Balance$11,352$15,091▲ $3,739
Compensation and Service Providers

Board Members and Trustees

NameTitle
Shawn V Laws ONeilDirector
Valarie BarsyDirector
Barbara GresonExecutive Director
John Downey IIIExecutive Director
Aida YohannesSecretary
Layne MurphyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,052
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$3,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,313
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,083$25-$2,108
Insurance-$1,500-$1,500
Other Expenses$644$10-$644
Fees for Services Management-$600-$600
Travel$577--$577
Fees for Services Accounting-$500-$500
Advertising-$268-$268
Conferences and Meetings$106--$106
Total Functional Expenses$3,410$2,903$0$6,313
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

MEetings were documented - committee meetings were sometimes documented

Form 990 governing body review Part VI line 11

Officers review and return is available to others but there is no official review by the full governing body

Governing documents etc available to public Part VI line 19

Governing Documents are not available to public but can be accessed upon request

Filing and Contact Details

Filer

Filer Name
Clear Association Inc
EIN
46-2553300
Address
706 N Vendome, Los Angeles, CA 90026

Signing Officer

Name
Layne Murphy
Title
Treasurer
Signed
2018-05-09
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
CA
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
The Library Inc
Address
453 S Spring St Ste 332, Los Angeles, CA 90013
Preparer
Russell Edge
Phone
2134394900
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

The majority of program expenses are for networking events and seminars - 11g costs cover those events for the year

Raw XML Appendix284 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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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/FilingSecurityInformation/IPTm020:09:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205530558
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Library Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0453 S Spring St Ste 332
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Los Angeles
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090013
ReturnHeader/PreparerPersonGrp/PhoneNum02134394900
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Russell Edge
ReturnHeader/ReturnTs02018-05-09T13:33:45-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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