Civic Intelligence

Urban Dance & Educational Foundation

990 • Fiscal year 2018 • EIN 46-4688922

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 28, 2019

8810 Jamacha Blvd Suite C 156Spring Valley, CA 91977

(619) 788-2486

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.04x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.10x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

21st percentile

-24%

Faster revenue growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$433,111

Up $102,709 (+31%) from 2017

Net Assets

Up

$413,711

Up $93,459 (+29%) from 2017

Liabilities

Up

$19,400

Up $9,250 (+91%) from 2017

Revenue

Down

$189,878

Down $59,473 (-24%) from 2017

Expenses

Down

$96,419

Down $129,978 (-57%) from 2017

Net Income

Up

$93,459

Up $70,505 (+307%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2014: $47,650Liabilities 2014: $0Net Assets 2014: $47,6502014Assets 2015: $165,016Liabilities 2015: $0Net Assets 2015: $165,0162015Assets 2016: $307,148Liabilities 2016: $9,850Net Assets 2016: $297,2982016Assets 2017: $330,402Liabilities 2017: $10,150Net Assets 2017: $320,2522017Assets 2018: $433,111Liabilities 2018: $19,400Net Assets 2018: $413,7112018Assets 2019: $373,471Liabilities 2019: $8,876Net Assets 2019: $364,5952019Assets 2020: $313,928Liabilities 2020: $9,000Net Assets 2020: $304,9282020Assets 2021: $300,795Liabilities 2021: $34,227Net Assets 2021: $266,5682021Assets 2022: $234,667Liabilities 2022: $30,846Net Assets 2022: $203,8212022Assets 2023: $271,006Liabilities 2023: $31,671Net Assets 2023: $239,3352023Assets 2024: $235,343Liabilities 2024: $9,500Net Assets 2024: $225,8432024

Highlighted filing

2018

Assets$433,111
Liabilities$19,400
Net Assets$413,711

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $198,152Expenses 2014: $150,502Net Income 2014: $47,6502014Revenue 2015: $140,490Expenses 2015: $62,467Net Income 2015: $78,0232015Revenue 2016: $213,240Expenses 2016: $80,958Net Income 2016: $132,2822016Revenue 2017: $249,351Expenses 2017: $226,397Net Income 2017: $22,9542017Revenue 2018: $189,878Expenses 2018: $96,419Net Income 2018: $93,4592018Revenue 2019: $37,333Expenses 2019: $86,449Net Income 2019: -$49,1162019Revenue 2020: $0Expenses 2020: $59,667Net Income 2020: -$59,6672020Revenue 2021: $66,063Expenses 2021: $104,423Net Income 2021: -$38,3602021Revenue 2022: $1,224Expenses 2022: $63,970Net Income 2022: -$62,7462022Revenue 2023: $52,500Expenses 2023: $16,986Net Income 2023: $35,5142023Revenue 2024: $5,314Expenses 2024: $18,806Net Income 2024: -$13,4922024

Highlighted filing

2018

Revenue$189,878
Expenses$96,419
Net Income$93,459
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 28, 2019
Return Version
2018v3.1
Gross Receipts
$189,878
Mission and Program Overview

Mission

To advance the physical expression, intellectual understanding and education and teaching programs of the urban arts, including break and other forms of street dance, through dance participation, performances, camps, seminars, workshops, competitive events, tours and series.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$219,473$404,403▲ $184,930
Accounts Receivable$0$27,250▲ $27,250
Land, Buildings, and Equipment, Net$10,929$1,458▼ $9,471
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$330,402$433,111▲ $102,709
Other Assets Total$100,000$0▼ $100,000
Liabilities
Accounts Payable and Accrued Expenses$10,150$19,400▲ $9,250
Other Liabilities$0$0→ $0
Total Liabilities$10,150$19,400▲ $9,250
Net Assets / Fund Balance
Unrestricted Net Assets$320,252$413,711▲ $93,459
Total Net Assets Fund Balance$320,252$413,711▲ $93,459
Total Liabilities and Net Assets / Fund Balance$330,402$433,111▲ $102,709

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,458$45,899$47,357
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Board Chairman
-President
-President/treasurer (until 9/24/2018)
-Vice President/treasurer
-Director
-DIRECTOR (until 12/12/2018)
Revenue and Support

Revenue Composition

Contributions and Grants
$189,878
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$189,878
Change in Net Assets
$93,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,419
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
Information Technology$0$24,411$0$24,411
Fees for Services Accounting$0$21,800$0$21,800
Insurance$0$19,958$0$19,958
Fees for Services Legal$0$13,488$0$13,488
Depreciation Depletion$9,471$0$0$9,471
Other Expenses$0$1,454$0$1,454
Office Expenses$0$665$0$665
Advertising$150$0$0$150
Fees for Services Other$0$22$0$22
Total Functional Expenses$14,621$81,798$0$96,419
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15 Process for Determining Compensation

Lines 15a and 15b are answered no in accordance with the irs form 990 instructions. The filing organization does not have paid officers.

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

Graham, Romanelli, Briggs and Williamson - Business relationship

Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body

The board of directors did not delegate broad authority to a committee to act on the organization's behalf and therefore the response on Part VI, Line 8b has been marked "no" per form instructions.

Form 990, Part VI, Line 11B Review of form 990 by governing body

UDEF's Form 990 was reviewed by an independent accounting firm before being distributed to the full board of directors for review and comment prior to filing the Form 990 with the Internal Revenue Service.

Form 990, Part VI, Line 12C Conflict of interest policy

Urban Dance & Educational Foundation ("UDEF") expects all of its Board members, officers and employees to avoid a conflict of interest or the appearance of such conflict in matters relating to UDEF. Each Board member, officer and employee of UDEF shall annually sign a statement, which affirms that such person has received a copy of UDEF's Conflict of Interest policy; has read and understands the policy; has agreed to comply with the policy; and understands that UDEF is a charitable organization and that in order to maintain its federal tax exemption, it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Potential conflicts of interest are reviewed by the President and the Chairman of UDEF. In the event of potential conflicts of interest, interested persons may be asked to leave the board meeting before final consideration and voting on the proposed grant or transaction.

Form 990, Part VI, Line 19 Required documents available to the public

Governing documents, conflict of interest policy, and financial statements are available upon request.

Form 990, Part VII, Section A, Line 1A, Column (A) Explanation of board terms

Officers and directors active on 12/31/2018: officers: - steven conway graham - chairman of the board * - monika k. Briggs - president * - sandra williamson - vice president and treasurer * - christopher wright - vice chairman and secretary executive board directors: - robert cannuscio * - steven conway graham * - christopher wright board of representatives directors: - ronnie albonado - victor gabriel alicea iii - andrii andronikov - jean-laurent bourquin - monika k. Briggs * - rober cannuscio * - bojin chen - richie colon - william craddock - lino delgado - omar delgado - edmund f. Garno iii - martin gilian - kevin gopie - daniel govberg - steven conway graham * - thomas hergenroether - katsuyuki ishikawa - heonjun kim - tyrone van der meer - bruce j. Newman * - aslanek nyrov - moises rivas - niels robitzky - joseph stolte - shenjiong wang - jamal warren - christopher wright - daniel zhu * as of the filing of this return, these officers and directors have resigned. Former officers and directors not active on 12/31/2018: - william joseph romanelli, jr. - president until 9/24/2018 - john stoddard iii - executive board director until 12/12/2018 - david woolf - executive board director until 12/12/2018

Filing and Contact Details

Filer

Filer Name
Urban Dance & Educational Foundation
EIN
46-4688922
Phone
6197882486
Address
8810 Jamacha Blvd Suite C 156, Spring Valley, CA 91977

Signing Officer

Name
Christopher Wright
Title
Chairman
Signed
2019-10-28
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Pa
Voting Board Members
29
Independent Board Members
29
Employees
0
Volunteers
38

Preparer

Firm
Crowe Llp
Address
9600 Brownsboro Road Suite 400, Louisville, KY 40241-1122
Preparer
Jackie Coburn
Phone
5023263996
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Foundation has received a determination letter from the Internal Revenue Service indicating that the Foundation is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code of 1986 and except for taxes pertaining to unrelated business income, is exempt from federal and state income taxes. The Foundation is classified as a public charity under Section 509(a)(1) and Section 170(b)(1)(A)(vi), an organization that normally receives a substantial part of its support from direct or indirect contributions from the general public. A tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded.

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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3Ronnie Abaldonado
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt11Lino Delgado
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt12Omar Delgado
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt13Edmund F Garno III
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt14Martin Gilian
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt16Daniel Govberg
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt17Thomas Hergenroether
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt18Katsuyuki Ishikawa
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt19Heonjun Kim
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt20Bruce J Newman
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt21Aslanbek Nyrov
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IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt25Tyrone Van der Meer
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt26Shenjiong Wang
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt27Jamal Warren
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt28Christopher Wright
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt29John Stoddard III
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt30David Woolf
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt31DANIEL ZHU
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt32Sandra Williamson
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR (until 12/12/2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR (until 12/12/2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
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IRS990/MissionDesc0To advance the physical expression, intellectual understanding and education and teaching programs of the urban arts, including break and other forms of street dance, through dance participation, performances, camps, seminars, workshops, competitive events, tours and series.
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Dues & Memberships
IRS990/OtherExpensesGrp/Desc1Registration Fees
IRS990/OtherExpensesGrp/FundraisingAmt00

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