Civic Intelligence

Thelovecircle Foundation

990EZ • Fiscal year 2018 • EIN 47-1119980

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 15, 2019

530 Wilshire Blvd Suite 308Santa Monica, CA 90401

(310) 458-0080

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

1st percentile

-1921%

Higher net margin than 1% 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

11th percentile

-43%

Faster asset growth than 11% of similar nonprofits.

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

Revenue Growth

1st percentile

-99%

Faster revenue growth than 1% of similar nonprofits.

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

Assets

Down

$7,635

Down $5,840 (-43%) from 2017

Net Assets

Down

$7,635

Down $5,840 (-43%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$304

Down $34,211 (-99%) from 2017

Expenses

Down

$6,144

Down $19,843 (-76%) from 2017

Net Income

Down

-$5,840

Down $14,368 (-168%) from 2017

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $3,845Liabilities 2015: $0Net Assets 2015: $3,8452015Assets 2016: $9,702Liabilities 2016: $4,755Net Assets 2016: $4,9472016Assets 2017: $13,475Liabilities 2017: $0Net Assets 2017: $13,4752017Assets 2018: $7,635Liabilities 2018: $0Net Assets 2018: $7,6352018Assets 2019: $6,745Liabilities 2019: $750Net Assets 2019: $5,9952019Assets 2020: $6,735Liabilities 2020: $750Net Assets 2020: $5,9852020Assets 2021: $6,735Liabilities 2021: $750Net Assets 2021: $5,9852021Assets 2022: $4,685Liabilities 2022: $750Net Assets 2022: $4,6852022Assets 2023: $4,685Liabilities 2023: $750Net Assets 2023: $3,9352023Assets 2024: $4,685Liabilities 2024: $750Net Assets 2024: $3,9352024

Highlighted filing

2018

Assets$7,635
Liabilities$0
Net Assets$7,635

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $25,000Expenses 2015: $21,155Net Income 2015: $3,8452015Revenue 2016: $41,000Expenses 2016: $39,898Net Income 2016: $1,1022016Revenue 2017: $34,515Expenses 2017: $25,987Net Income 2017: $8,5282017Revenue 2018: $304Expenses 2018: $6,144Net Income 2018: -$5,8402018Revenue 2019: $108Expenses 2019: $1,748Net Income 2019: -$1,6402019Revenue 2020: $0Expenses 2020: $10Net Income 2020: -$102020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $1,300Net Income 2022: -$1,3002022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2018

Revenue$304
Expenses$6,144
Net Income-$5,840
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 15, 2019
Return Version
2018v3.1
Gross Receipts
$304
Mission and Program Overview

Mission

To provide opportunities for children and youth to participate in recreational, cultural, social and civic activities through membership in clubs and other youth groups with a special focus whose purpose is to help youngsters develop their potential and grow into healthy, educated, responsible and productive adults.

To provide opportunities for children and youth to participate in recreational, cultural, social and civic activities through membership in clubs and other youth groups with a special fous whose purpose is to help youngsters develop their potential and grow into healthy, educated, responsible and productive adults.

Program Services

DescriptionGrantsExpenses
TO PROVIDE OPPORTUNITIES FOR CHILDREN AND YOUTH TO PARTICIPATE IN RECREATIONAL, CULTURAL, SOCIAL AND CIVIC ACTIVITIES THROUGH MEMBERSHIP IN CLUBS AND OTHER YOUTH GROUPS WITH A SPECIAL FOUS WHOSE PURPOSE IS TO HELP YOUNGSTERS DEVELOP THEIR POTENTIAL AND GROW INTO HEALTHY, EDUCATED, RESPONSIBLE AND PRODUCTIVE ADULTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TYRESE GIBSONPresident-$0--
MARIA RENTERIA-CASTROSecretary-$0--
JEROME MARTINECFO-$0--
Filing and Contact Details

Filer

Filer Name
Thelovecircle Foundation
EIN
47-1119980
Phone
3104580080
Address
530 WILSHIRE BLVD SUITE 308, SANTA MONICA, CA 90401

Signing Officer

Name
Tyrese Gibson
Title
Chairman
Signed
2019-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Shawn Litchfield CPA
Address
23679 CALABASAS RD 564, CALABASAS, CA 91302
Preparer
Shawn P Litchfield
Phone
8188269433
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $1915

Other Expenses.1

CONSULTING FEES $3183

Other Expenses.2

OUTSIDE SERVICVES $700

Other Expenses.3

ACCOUNTING $289

Other Expenses.4

STATE TAXES $35

Other Expenses.5

FILING FEES $20

To Provide Opportunities for Children and Youth to Participate in Recr

To provide opportunities for children and youth to participate in recreational, cultural, social and civic activities through membership in clubs and other youth groups with a special fous whose purpose is to help youngsters develop their potential and grow into healthy, educated, responsible and productive adults.

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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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IRS990EZ/ProhibitedTaxShelterTransInd0false
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/TaxYr02018

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Filings