Civic Intelligence

Sequoia Regional Economic Development Foundation

990EZ • Fiscal year 2021 • EIN 46-3623006

Jul 01, 2020 to Jun 30, 2021 • Filed on May 10, 2022

Organization ProfileN/A
309 West Main Street STE 110Visalia, CA 93291

(559) 591-1349

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

57th percentile

13%

Higher net margin than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$7,444

No earlier filing loaded for comparison.

Net Assets

$7,444

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin57th percentile

Revenue

$137,150

No earlier filing loaded for comparison.

Expenses

$118,643

No earlier filing loaded for comparison.

Net Income

$18,507

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$10K$5.0K$0-$5.0KAssets 2021: $7,444Net Assets 2021: $7,4442021Assets 2022: $1,550Liabilities 2022: $3,106Net Assets 2022: -$1,5562022

Highlighted filing

2021

Assets$7,444
Liabilities-
Net Assets$7,444
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2021: $137,150Expenses 2021: $118,643Net Income 2021: $18,5072021Revenue 2022: $2,500Expenses 2022: $11,500Net Income 2022: -$9,0002022

Highlighted filing

2021

Revenue$137,150
Expenses$118,643
Net Income$18,507
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 10, 2022
Return Version
2020v4.0
Gross Receipts
$137,150
Mission and Program Overview

Mission

The specific purpose of this corporation is to provide resources and programs in economically distressed areas of Tulare County that reduce poverty, reduce blight and through investment in education and entrepreneurship programs, assist low-income and other disadvantage groups in alternative employement opportunities.

Program Services

DescriptionGrantsExpenses
Restaurant grant was created to support local restaurants by purchasing meals to go during the pandemic restrictions.$99,158-
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Airica BelisCEO-$0--
Harrol WileyTreasurer-$0--
Colby WellsSecretary-$0--
George VasquezBoard Member-Elect-$0--
Scott HarnessBoard Member-Elect-$0--
Filing and Contact Details

Filer

Filer Name
Sequoia Regional Economic Development Fo
EIN
46-3623006
Phone
5595911349
Address
309 West Main Street STE 110, Visalia, CA 93291

Signing Officer

Name
Airica Belis
Title
CEO
Signed
2022-05-10
Discuss with paid preparer
Yes

Preparer

Firm
MBS Accountancy Corporation
Address
2300 Tulare St STE 230, Fresno, CA 93721
Preparer
Cassidy Jakovickas
Phone
5594217033
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1000”

Other Expenses.1002

“Office Expenses $5205”

Other Expenses.1

“Restaurant Service Grant $88343”

Other Expenses.2

“Econommic Summit Expenses $9815”

Other Expenses.3

“Taxes & Licenses $25”

Other Assets.1005

“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $2894”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $11063 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix159 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0Airica Belis
IRS990EZ/BooksInCareOfDetail/PhoneNum05595911349
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0309 West Main St Ste 110
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Visalia
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093291
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04550
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IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09416
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0137150
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07444
IRS990EZ/OccupancyRentUtltsAndMaintAmt04839
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Airica Belis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Harrol Wiley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Colby Wells
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3George Vasquez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Scott Harness
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Board Member-elect
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member-elect
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt02894
IRS990EZ/OtherExpensesTotalAmt0104388
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The specific purpose of this corporation is to provide resources and programs in economically distressed areas of Tulare County that reduce poverty, reduce blight and through investment in education and entrepreneurship programs, assist low-income and other disadvantage groups in alternative employement opportunities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Restaurant grant was created to support local restaurants by purchasing meals to go during the pandemic restrictions.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt099158
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011063
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0118643
IRS990EZ/TotalProgramServiceExpensesAmt099158
IRS990EZ/TotalRevenueAmt0137150
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0137150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt036995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0204570
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0204570
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0137150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt036995
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0204570
IRS990ScheduleA/TotalSupportAmt0204570
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $5205
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Restaurant Service Grant $88343
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Econommic Summit Expenses $9815
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Taxes & Licenses $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable - Beginning $0 Accounts Receivable - Ending $2894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Accounts Payable and Accrued Expenses - Beginning $11063 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Total Liabilities.1001
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Airica Belis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Sequoia Regional Economic Development Fo
ReturnHeader/Filer/BusinessNameControlTxt0SEQU
ReturnHeader/Filer/EIN0463623006
ReturnHeader/Filer/PhoneNum05595911349
ReturnHeader/Filer/USAddress/AddressLine1Txt0309 West Main Street STE 110
ReturnHeader/Filer/USAddress/CityNm0Visalia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093291
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272643735
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MBS Accountancy Corporation
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02300 Tulare St STE 230
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fresno
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093721
ReturnHeader/PreparerPersonGrp/PhoneNum05594217033
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cassidy Jakovickas
ReturnHeader/ReturnTs02022-05-10T13:00:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Airica
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Belis
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,444
Liabilities
-
Net assets
$7,444
Revenue
$137,150
Expenses
$118,643
Net income
$18,507
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.02$0.03$0.02$0.03$0.12$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.07$1.37$1.19$0.19