Civic Intelligence

Berkeley Lab Foundation

990 • Fiscal year 2015 • EIN 46-2907726

Jul 01, 2014 to Jun 30, 2015 • Filed on May 16, 2016

1111 Franklin Street No 8th FLOakland, CA 94607

(650) 804-8490

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

4th percentile

0.00x

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

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

88th percentile

$432,317

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

100th percentile

21857%

Faster asset growth than 100% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

100th percentile

21888%

Faster revenue growth than 100% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Up

$10,161,308

Up $10,115,029 (+21857%) from 2014

Net Assets

Up

$10,161,308

Up $10,115,029 (+21857%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$10,182,968

Up $10,136,657 (+21888%) from 2014

Expenses

Up

$103,224

Up $103,192 (+322475%) from 2014

Net Income

Up

$10,079,744

Up $10,033,465 (+21680%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2014: $46,279Liabilities 2014: $0Net Assets 2014: $46,2792014Assets 2015: $10,161,308Liabilities 2015: $0Net Assets 2015: $10,161,3082015Assets 2016: $12,549,884Liabilities 2016: $2,534,521Net Assets 2016: $10,015,3632016Assets 2017: $14,705,107Liabilities 2017: $2,584,521Net Assets 2017: $12,120,5862017Assets 2018: $16,158,595Liabilities 2018: $2,634,521Net Assets 2018: $13,524,0742018Assets 2019: $15,920,738Liabilities 2019: $11,389Net Assets 2019: $15,909,3492019Assets 2020: $21,701,296Liabilities 2020: $537,171Net Assets 2020: $21,164,1252020Assets 2021: $26,129,573Liabilities 2021: $501,410Net Assets 2021: $25,628,1632021Assets 2022: $23,841,224Liabilities 2022: $438,169Net Assets 2022: $23,403,0552022Assets 2023: $23,007,246Liabilities 2023: $266,724Net Assets 2023: $22,740,5222023Assets 2024: $26,706,707Liabilities 2024: $240,727Net Assets 2024: $26,465,9802024

Highlighted filing

2015

Assets$10,161,308
Liabilities$0
Net Assets$10,161,308

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $46,311Expenses 2014: $32Net Income 2014: $46,2792014Revenue 2015: $10,182,968Expenses 2015: $103,224Net Income 2015: $10,079,7442015Revenue 2016: $2,487,056Expenses 2016: $2,461,199Net Income 2016: $25,8572016Revenue 2017: $4,241,385Expenses 2017: $2,863,996Net Income 2017: $1,377,3892017Revenue 2018: $4,307,020Expenses 2018: $3,585,752Net Income 2018: $721,2682018Revenue 2019: $2,212,512Expenses 2019: $860,296Net Income 2019: $1,352,2162019Revenue 2020: $10,408,384Expenses 2020: $4,646,529Net Income 2020: $5,761,8552020Revenue 2021: $2,059,102Expenses 2021: $4,199,893Net Income 2021: -$2,140,7912021Revenue 2022: $8,617,884Expenses 2022: $9,164,510Net Income 2022: -$546,6262022Revenue 2023: $5,151,452Expenses 2023: $6,050,321Net Income 2023: -$898,8692023Revenue 2024: $9,891,985Expenses 2024: $7,824,825Net Income 2024: $2,067,1602024

Highlighted filing

2015

Revenue$10,182,968
Expenses$103,224
Net Income$10,079,744
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 16, 2016
Return Version
2014v6.0
Gross Receipts
$10,232,285
Mission and Program Overview

Mission

To support the scientific and educational purposes of the regents of the university of california (the "university"), in its specific capacity as manager and operator of the lawrence berkeley national laboratory and to carry on other charitable and educational activities allowed by law, as determined by the board of directors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$0$6,028,898▲ $6,028,898
Investments in Publicly Traded Securities$16,236$4,083,281▲ $4,067,045
Cash and Non-Interest-Bearing Accounts$37$49,129▲ $49,092
Total Assets$16,273$10,161,308▲ $10,145,035
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$9,905,569▲ $9,905,569
Temporarily Rstr Net Assets$0$206,610▲ $206,610
Unrestricted Net Assets$16,273$49,129▲ $32,856
Total Net Assets Fund Balance$16,273$10,161,308▲ $10,145,035
Total Liabilities and Net Assets / Fund Balance$16,273$10,161,308▲ $10,145,035

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$0----
Compensation and Service Providers

Employees

NameTitleOtherTotal
Ivy CliftPresident$90,011$90,011

Board Members and Trustees

NameTitle
GEOFFREY O'NEILLAssistant Vice President
A Paul AlivisatosDirector
Kim WilliamsChief Financial Officer
Jeffrey a BlairChief Laboratory Counsel
Revenue and Support

Revenue Composition

Contributions and Grants
$10,170,469
Program Service Revenue
$0
Investment Income
$12,499
Other Revenue
$0
All Other Contributions
$10,170,469
Change in Net Assets
$10,079,744

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,182,968
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$65,291
Total Revenue per Audited Statements
$10,248,259
Total Revenue per Form 990
$10,182,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$96,816
Other Expenses$6,408
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$96,816--$96,816
Office Expenses-$4,721-$4,721
Fees for Services Accounting-$1,600-$1,600
Other Expenses-$87-$87
Total Functional Expenses$96,816$6,408$0$103,224

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$103,224
Total Expenses per Audited Statements$103,224
Total Expenses per Form 990$103,224
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Regents of the University of CaliforniaOakland, CAUniv of CaliforniaEducational Purposes$96,816
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
Audit committee
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
No
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 11

A copy of the form 990 was provided to all members of the governing body prior to filing.

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

The board established a committee charged with gathering input for the executive director's evaluation, then making a recommendation to a salary adjustment. Researched data from other organizations is performed to benchmark current salary to ranges from peer organizations. Then a recommendation is given, discussed at the full board, and approved. This is documented in the board minutes.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Berkeley Lab Foundation
EIN
46-2907726
Phone
6508048490
Address
1111 FRANKLIN STREET NO 8TH FL, OAKLAND, CA 94607

Signing Officer

Name
Ivy Clift
Title
President
Phone
6508048490
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ivy Clift
Formed
2013
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
5

Preparer

Firm
Armanino Llp
Address
12657 ALCOSTA BLVD STE 500, SAN RAMON, CA 94583-4600
Preparer
John Panetta
Phone
9257902600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation is an organization exempt form taxation under section 501(c)(3) of the internal revenue code and section 23701(d) of the california revenue and taxation code and is generally not subject to federal or state income taxes. However, the foundation is subject to income taxes on any net income that is derived from a trade or business, regularly carried on, and not in furtherance of the purpose for which it is granted exemption. No income tax provision has been recorded as the foundation has not earned net income from any unrelated trade or business as of june 30, 2015.

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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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IRS990ScheduleI/RecipientTable/IRCSectionDesc0UNIV OF CALIFORNIA
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL PURPOSES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0REGENTS OF THE UNIVERSITY OF CALIFORNIA
IRS990ScheduleI/RecipientTable/RecipientEIN0946002123
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01111 FRANKLIN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OAKLAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
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IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0A PAUL ALIVISATOS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JEFFREY A BLAIR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2GEOFFREY O'NEILL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3KIM WILLIAMS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF LABORATORY COUNSEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2ASSISTANT VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3CHIEF FINANCIAL OFFICER
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 WAS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD ESTABLISHED A COMMITTEE CHARGED WITH GATHERING INPUT FOR THE EXECUTIVE DIRECTOR'S EVALUATION, THEN MAKING A RECOMMENDATION TO A SALARY ADJUSTMENT. RESEARCHED DATA FROM OTHER ORGANIZATIONS IS PERFORMED TO BENCHMARK CURRENT SALARY TO RANGES FROM PEER ORGANIZATIONS. THEN A RECOMMENDATION IS GIVEN, DISCUSSED AT THE FULL BOARD, AND APPROVED. THIS IS DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
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IRS990/TerminateOperationsInd00
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IRS990/TotalRevenueGrp/ExclusionAmt012499
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt010182968
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IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01111 FRANKLIN STREET NO 8TH FL
IRS990/USAddress/CityNm0OAKLAND
IRS990/USAddress/StateAbbreviationCd0CA
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IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.BERKELEYLABFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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