Civic Intelligence

Foundation for Transformative Innovation

EIN 47-1104796 • 501(c)3 • Los Angeles, CA

Profile

To provide technology and financial advise to enterprises engaged in transforming communities with renewable energy, food security, and/or water management solutions. The organization solicits grants to develop, promote, implement and expand specific initiatives as required, with the ultimate goal being to incubate sustainable commercial business models that attract private investment capital.

1901 Avenue Of The Stars 19th FloorLos Angeles, CA 90067
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

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

Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1

Down $24,871 (-100%) from 2015

Liabilities

Flat

$0

Flat from 2015

Net Assets

$0

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2015

Expenses

Up

$24,872

Up $24,802 (+35431%) from 2015

Net Income

Down

-$24,872

Down $24,802 (-35431%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$30K$20K$10K$0Assets 2015: $24,872Liabilities 2015: $02015Assets 2016: $1Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$1
Liabilities$0
Net Assets$0
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$20K$0-$20K-$40KRevenue 2015: $0Expenses 2015: $70Net Income 2015: -$702015Revenue 2016: $0Expenses 2016: $24,872Net Income 2016: -$24,8722016

Highlighted filing

2016

Revenue$0
Expenses$24,872
Net Income-$24,872
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$24,872
Net income
-$24,872
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$24.9$24.9
2015Summary only. Only limited summary data is available for this year.$24.9$0.00$0.00$0.07$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

To provide technology and financial advise to enterprises engaged in transforming communities with renewable energy, food security, and/or water management solutions. The organization solicits grants to develop, promote, implement and expand specific initiatives as required, with the ultimate goal being to incubate sustainable commercial business models that attract private investment capital.

Program Services

DescriptionGrantsExpenses
AGENCY BEGAN WORK ON A SPECIFIC TECHNOLOGY FRAMEWORK THAT PROMOTES AND SUPPORTS NO TILL FARMING IN DRYFARM OR LOW IRRIGATION ENVIRONMENTS. CURRENTLY 35%-50% OF ALL FARMERS IN THE US APPLY NO TILL PRACTICES TOSOME EXTENT, BUT MANY FAMILY FARMERS IN THE TARGET GROUP ARE RELUCTANT DUE TO LACK OF PERFORMANCE DATAAND CLARITY ON TECHNICAL GUIDELINES. FTI AIMS TO HELP FARMERS MAKE DATA DRIVEN DECISIONS TO ENHANCE THEIRAGRICULTURAL PRACTICES. THE TOOL KIT BEING DEVELOPED WILL HELP HEARTLAND FAMILY FARMERS TO:O UNDERSTAND THEIR SOIL CHEMISTRYO DETERMINE APPROPRIATE COVER CROPS TO ADDRESS DIFFERENT SOIL CHEMISTRY NEEDSO SET TARGETS FOR MONITORING AND REDUCING USE OF CHEMICAL FERTILIZERS AND INSECTICIDESO MEASURE NO TILL BENEFITS OVER TIME INCLUDING SOIL MOISTURE RETENTION IMPROVEMENTSO MODEL BUSINESS PERFORMANCE RESULTS FOR FARMERS WHO CREATE ADDED-VALUE FOR LANDLORD HELD FARMLANDS$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID J BERARDODirector-$0--
JEAN TARDY-VALLERNAUDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Transformative
EIN
47-1104796
Phone
3102820821
Address
1901 AVENUE OF THE STARS 19TH FLOOR, LOS ANGELES, CA 90067

Signing Officer

Name
David J Berardo
Title
Director
Phone
3102820281
Signed
2017-05-15

Preparer

Firm
Jerrel G John CPA
Address
2901 N VENTURA ROAD SUITE 270, OXNARD, CA 93036
Preparer
Jerrel G John CPA
Phone
8889876200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Payments to Affiliates

“Affiliate name: foic charity inc.. Affiliate address: 1901 avenue of the stars, 19th floor los angeles, ca 90067. Purpose of payment: repayment of loan from affiliate.. Amount of payment: 24,772.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: bank fees. Amount: 100.”

Raw XML Appendix111 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID J BERARDO
IRS990EZ/BooksInCareOfDetail/PhoneNum03102820821
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01901 AVENUE OF THE STARS 19TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090067
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt024872
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-24872
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt024872
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt024772
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024872
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024872
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID J BERARDO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEAN TARDY-VALLERNAUD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0100
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE TECHNOLOGY AND FINANCIAL ADVISE TO ENTERPRISES ENGAGED IN TRANSFORMING COMMUNITIES WITH RENEWABLE ENERGY, FOOD SECURITY, AND/OR WATER MANAGEMENT SOLUTIONS. THE ORGANIZATION SOLICITS GRANTS TO DEVELOP, PROMOTE, IMPLEMENT AND EXPAND SPECIFIC INITIATIVES AS REQUIRED, WITH THE ULTIMATE GOAL BEING TO INCUBATE SUSTAINABLE COMMERCIAL BUSINESS MODELS THAT ATTRACT PRIVATE INVESTMENT CAPITAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AGENCY BEGAN WORK ON A SPECIFIC TECHNOLOGY FRAMEWORK THAT PROMOTES AND SUPPORTS NO TILL FARMING IN DRYFARM OR LOW IRRIGATION ENVIRONMENTS. CURRENTLY 35%-50% OF ALL FARMERS IN THE US APPLY NO TILL PRACTICES TOSOME EXTENT, BUT MANY FAMILY FARMERS IN THE TARGET GROUP ARE RELUCTANT DUE TO LACK OF PERFORMANCE DATAAND CLARITY ON TECHNICAL GUIDELINES. FTI AIMS TO HELP FARMERS MAKE DATA DRIVEN DECISIONS TO ENHANCE THEIRAGRICULTURAL PRACTICES. THE TOOL KIT BEING DEVELOPED WILL HELP HEARTLAND FAMILY FARMERS TO:O UNDERSTAND THEIR SOIL CHEMISTRYO DETERMINE APPROPRIATE COVER CROPS TO ADDRESS DIFFERENT SOIL CHEMISTRY NEEDSO SET TARGETS FOR MONITORING AND REDUCING USE OF CHEMICAL FERTILIZERS AND INSECTICIDESO MEASURE NO TILL BENEFITS OVER TIME INCLUDING SOIL MOISTURE RETENTION IMPROVEMENTSO MODEL BUSINESS PERFORMANCE RESULTS FOR FARMERS WHO CREATE ADDED-VALUE FOR LANDLORD HELD FARMLANDS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt024872
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFFILIATE NAME: FOIC CHARITY INC.. AFFILIATE ADDRESS: 1901 AVENUE OF THE STARS, 19TH FLOOR LOS ANGELES, CA 90067. PURPOSE OF PAYMENT: REPAYMENT OF LOAN FROM AFFILIATE.. AMOUNT OF PAYMENT: 24,772.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 100.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID J BERARDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03102820281
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR TRANSFORMATIVE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INNOVATIONS INC
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0471104796
ReturnHeader/Filer/PhoneNum03102820821
ReturnHeader/Filer/USAddress/AddressLine1Txt01901 AVENUE OF THE STARS 19TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090067
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0771467217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JERREL G JOHN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02901 N VENTURA ROAD SUITE 270
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OXNARD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093036
ReturnHeader/PreparerPersonGrp/PhoneNum08889876200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERREL G JOHN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-15T18:14:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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