Civic Intelligence

Lobsterfest Foundation

EIN 46-2667089 • 501(c)3 • Newport Beach, CA

Pub. 78 Eligible990-N Coverage

Profile

Providing for the support of operating charitable organizations.

562 Vista FloraNewport Beach, CA 92660

lobsterfestatnewportbeach.com

Siviq Scores

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

Liabilities / Assets

88th percentile

0.49x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

35th percentile

-16%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$10,116

Down $1,857 (-16%) from 2021

Liabilities

Flat

$5,000

Flat from 2021

Net Assets

Down

$5,116

Down $2,394 (-32%) from 2021

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $53,955 (-100%) from 2021

Expenses

Down

$2,394

Down $50,735 (-95%) from 2021

Net Income

Down

-$2,394

Down $3,220 (-390%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

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

$60K$40K$20K$0Assets 2016: $38,057Liabilities 2016: $0Net Assets 2016: $38,0572016Assets 2017: $55,543Liabilities 2017: $0Net Assets 2017: $55,5432017Assets 2018: $59,659Liabilities 2018: $0Net Assets 2018: $59,6592018Assets 2019: $8,502Liabilities 2019: $2,500Net Assets 2019: $6,0022019Assets 2020: $6,684Liabilities 2020: $0Net Assets 2020: $6,6842020Assets 2021: $11,973Liabilities 2021: $5,000Net Assets 2021: $7,5102021Assets 2022: $10,116Liabilities 2022: $5,000Net Assets 2022: $5,1162022

Highlighted filing

2022

Assets$10,116
Liabilities$5,000
Net Assets$5,116
Open 2022 Filing

Operations Trend

Revenue Growth3rd percentile

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

$100K$50K$0-$50KRevenue 2016: $74,780Expenses 2016: $51,883Net Income 2016: $22,8972016Revenue 2017: $86,752Expenses 2017: $69,266Net Income 2017: $17,4862017Revenue 2018: $74,250Expenses 2018: $70,134Net Income 2018: $4,1162018Revenue 2019: $67,395Expenses 2019: $49,352Net Income 2019: $18,0432019Revenue 2020: $3,775Expenses 2020: $3,093Net Income 2020: $6822020Revenue 2021: $53,955Expenses 2021: $53,129Net Income 2021: $8262021Revenue 2022: $0Expenses 2022: $2,394Net Income 2022: -$2,3942022

Highlighted filing

2022

Revenue$0
Expenses$2,394
Net Income-$2,394
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,116
Liabilities
$5,000
Net assets
$5,116
Revenue
$0
Expenses
$2,394
Net income
-$2,394
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$10.1$5.00$5.12$0.00$2.39$2.39
2021Detailed filing. Detailed filing data is available for this year.$12.0$5.00$7.51$54.0$53.1$0.83
2020Detailed filing. Detailed filing data is available for this year.$6.68$0.00$6.68$3.78$3.09$0.68
2019Detailed filing. Detailed filing data is available for this year.$8.50$2.50$6.00$67.4$49.4$18.0
2018Detailed filing. Detailed filing data is available for this year.$59.7$0.00$59.7$74.3$70.1$4.12
2017Detailed filing. Detailed filing data is available for this year.$55.5$0.00$55.5$86.8$69.3$17.5
2016Detailed filing. Detailed filing data is available for this year.$38.1$0.00$38.1$74.8$51.9$22.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Mission and Program Overview

Mission

Providing for the support of operating charitable organizations.

Program Services

DescriptionGrantsExpenses
PROVIDING FOR THE SUPPORT OF OPERATING CHARITABLE ORGANIZATIONS THROUGH ANNUAL FUNDRAISING EVENT. NOT HELD IN 2022.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM BROWNChairmanPT$0--
MIREYA LLAURADODirector-$0--
STEPHANIE MURGUIASecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Lobsterfest Foundation
EIN
46-2667089
Address
562 VISTA FLORA, NEWPORT BEACH, CA 92660

Signing Officer

Name
Tim Brown
Title
Chairman
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Dorothy C Larson CPA An Accountancy Corporation
Address
4910 Campus Drive, Newport Beach, CA 92660
Preparer
Dorothy C Larson
Phone
9492500571
Supplemental Narrative

Additional Explanations

Other Expenses.1003

“Information Technology $309”

Total Liabilities.1002

“Grants Payable - Beginning $5000 Grants Payable - Ending $5000”

Raw XML Appendix160 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TIM BROWN
IRS990EZ/BooksInCareOfDetail/PhoneNum09493516664
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0562 VISTA FLORA
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWPORT BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092660
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012510
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010116
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2394
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0847
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012510
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010116
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt07510
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05116
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt07510
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt05116
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt28.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MIREYA LLAURADO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STEPHANIE MURGUIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0309
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING FOR THE SUPPORT OF OPERATING CHARITABLE ORGANIZATIONS.
IRS990EZ/PrintingPublicationsPostageAmt01238
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING FOR THE SUPPORT OF OPERATING CHARITABLE ORGANIZATIONS THROUGH ANNUAL FUNDRAISING EVENT. NOT HELD IN 2022.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02394
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0Lobsterfestatnewportbeach.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt055955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt075250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt067395
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02775
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0201375
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0207375
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt060955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt076250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt067395
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02775
IRS990ScheduleA/Total509Grp/TotalAmt0207375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt060955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt076250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt067395
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02775
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0207375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Information Technology $309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Grants Payable - Beginning $5000 Grants Payable - Ending $5000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1002
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOBSTERFEST FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOBS
ReturnHeader/Filer/EIN0462667089
ReturnHeader/Filer/USAddress/AddressLine1Txt0562 VISTA FLORA
ReturnHeader/Filer/USAddress/CityNm0NEWPORT BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092660
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823301857
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Dorothy C Larson CPA An Accountancy Corporation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04910 Campus Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Newport Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092660
ReturnHeader/PreparerPersonGrp/PhoneNum09492500571
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dorothy C Larson
ReturnHeader/ReturnTs02023-11-15T16:16:21-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BROWN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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