Civic Intelligence

Lime Foundation

990 • Fiscal year 2021 • EIN 47-2046585

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 09, 2022

1400 Petaluma Hill RoadSanta Rosa, CA 95404

(707) 604-8505

Siviq Scores

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

Liabilities / Assets

89th percentile

0.63x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.53x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

73rd percentile

29%

Higher net margin than 73% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

83rd percentile

$84,267

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

94th percentile

158%

Faster asset growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

104%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$515,747

Up $315,677 (+158%) from 2020

Net Assets

Up

$190,981

Up $179,628 (+1582%) from 2020

Liabilities

Up

$324,766

Up $136,049 (+72%) from 2020

Revenue

Up

$608,987

Up $311,184 (+104%) from 2020

Expenses

Up

$429,359

Up $93,779 (+28%) from 2020

Net Income

Up

$179,628

Up $217,405 (+575%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2016: $27,045Liabilities 2016: $7,867Net Assets 2016: $19,1782016Assets 2017: $21,439Liabilities 2017: $0Net Assets 2017: $21,4392017Assets 2018: $81,778Liabilities 2018: $0Net Assets 2018: $81,7782018Assets 2019: $80,197Liabilities 2019: $0Net Assets 2019: $80,1972019Assets 2020: $200,070Liabilities 2020: $188,717Net Assets 2020: $11,3532020Assets 2021: $515,747Liabilities 2021: $324,766Net Assets 2021: $190,9812021Assets 2022: $587,648Liabilities 2022: $551,080Net Assets 2022: $36,5682022Assets 2023: $318,068Liabilities 2023: $523,153Net Assets 2023: -$205,0852023Assets 2024: $312,668Liabilities 2024: $480,600Net Assets 2024: -$167,9322024

Highlighted filing

2021

Assets$515,747
Liabilities$324,766
Net Assets$190,981

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $63,262Expenses 2016: $44,084Net Income 2016: $19,1782016Revenue 2017: $211,447Expenses 2017: $209,186Net Income 2017: $2,2612017Revenue 2018: $336,269Expenses 2018: $287,699Net Income 2018: $48,5702018Revenue 2019: $365,378Expenses 2019: $366,959Net Income 2019: -$1,5812019Revenue 2020: $297,803Expenses 2020: $335,580Net Income 2020: -$37,7772020Revenue 2021: $608,987Expenses 2021: $429,359Net Income 2021: $179,6282021Revenue 2022: $554,285Expenses 2022: $708,698Net Income 2022: -$154,4132022Revenue 2023: $558,686Expenses 2023: $800,339Net Income 2023: -$241,6532023Revenue 2024: $707,667Expenses 2024: $701,976Net Income 2024: $5,6912024

Highlighted filing

2021

Revenue$608,987
Expenses$429,359
Net Income$179,628
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 9, 2022
Return Version
2021v4.0
Gross Receipts
$608,987
Mission and Program Overview

Mission

The LIME Foundation was developed to strengthen veterans, seniors, low-income families, and young people and give them the tools to build a better quality of life

Our mission is to provide educational resources, mentorship, and career exploration in order to develop sustainable empowerment among our diverse communities. Those served by the LIME Foundation will learn life-changing skills to harness their potential in music, performing arts, construction careers, technology, and health, encouraging all individuals to inspire their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$154,801$462,459▲ $307,658
Accounts Receivable$16,734$26,533▲ $9,799
Prepaid Expenses and Deferred Charges$13,790$13,790→ $0
Receivables From Officers Etc-$9,934-
Land, Buildings, and Equipment, Net$14,745$1,744▼ $13,001
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$200,070$515,747▲ $315,677
Other Assets Total-$1,287-
Liabilities
Unsecured Notes Loans Payable$179,650$306,000▲ $126,350
Accounts Payable and Accrued Expenses$9,067$18,766▲ $9,699
Total Liabilities$188,717$324,766▲ $136,049
Net Assets / Fund Balance
Net Assets With Donor Restrictions$42,000$178,237▲ $136,237
Net Assets Without Donor Restrictions$-30,647$12,744▲ $43,391
Total Net Assets Fund Balance$11,353$190,981▲ $179,628
Total Liabilities and Net Assets / Fund Balance$200,070$515,747▲ $315,677

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,746-$27,746
Other Land Buildings$-26,002$26,002-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Letitia HankePresidentFT$84,267$84,267

Board Members and Trustees

NameTitle
Malia AndersonVice President
Jeff KellyDirector
Jennifer GuerraDirector
Lisa FaitDirector
Marco GuerraDirector
Tina ChavezDirector
Karen GrotteSecretary
Gloria TurnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$544,047
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$64,940
All Other Contributions
$386,741
Change in Net Assets
$179,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$260,232
Salaries, Compensation, and Employee Benefits$169,127
Total Fundraising Expense$82,063
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$108,106$13,209$36,397$157,712
Fees for Services Other$37,476$41,586$22,127$101,189
All Other Expenses$15,407$15,782$9,391$40,580
Fees for Services Accounting-$16,549-$16,549
Other Expenses$1,375$3,284$12,271$13,646
Depreciation Depletion$11,051$1,950-$13,001
Payroll Taxes$6,464$4,951-$11,415
Insurance$6,179$3,027-$9,206
Information Technology$207$7,890$209$8,306
Interest-$6,000-$6,000
Travel$628$1,516$732$2,876
Office Expenses$600$416-$1,016
Total Functional Expenses$231,136$116,160$82,063$429,359
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Believe The Dream$135,818---
Total Events$135,818---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$9,934-
Receivables from Disqualified Persons-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is reviewed by the Executive Director, submitted to the Finance Committee and presented by the Finance Committee Chair to the full board of directors for final approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members must read and sign The LIME Foundation conflict of interest statement. By signing, board members agree to comply with the statement by bringing any potential conflict of interest situations to the board for consideration.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The finance committee reviews compensation history as compared to a nonprofit corporation report based on the organization's size. A proposed salary modification is compared to the organization's forecasted budget. Then the finance committee makes a recommendation for salary changes to the Board of Directors. The Board of Directors votes on all salary changes, then the new salary is implemented through a third party payroll service provider.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Form 990 and other documents of public interest are available on the organization's website or upon request.

Filing and Contact Details

Filer

Filer Name
The LIME Foundation
EIN
47-2046585
Phone
7076048505
Address
1400 Petaluma Hill Road, Santa Rosa, CA 95404

Signing Officer

Name
Letitia Hanke
Title
Executive Director
Signed
2022-11-09
Discuss with paid preparer
Yes

Organization Details

Formed
2014
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
3
Volunteers
54

Preparer

Firm
Mark R McDonell CPA
Address
511 Humboldt Street, Santa Rosa, CA 95404
Preparer
Mark McDonell CPA
Phone
7075269621
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IRS990/OtherExpensesGrp/FundraisingAmt0936
IRS990/OtherExpensesGrp/FundraisingAmt112271
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03284
IRS990/OtherExpensesGrp/ProgramServicesAmt017557
IRS990/OtherExpensesGrp/ProgramServicesAmt116630
IRS990/OtherExpensesGrp/ProgramServicesAmt29456
IRS990/OtherExpensesGrp/ProgramServicesAmt31375
IRS990/OtherExpensesGrp/TotalAmt017557
IRS990/OtherExpensesGrp/TotalAmt116630
IRS990/OtherExpensesGrp/TotalAmt213676
IRS990/OtherExpensesGrp/TotalAmt313646
IRS990/OtherRevenueMiscGrp/Desc0Forgiven SBA PPP Loans
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt064940
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt064940
IRS990/OtherRevenueTotalAmt064940
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt036397
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013209
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0108106
IRS990/OtherSalariesAndWagesGrp/TotalAmt0157712
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04951
IRS990/PayrollTaxesGrp/ProgramServicesAmt06464
IRS990/PayrollTaxesGrp/TotalAmt011415
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013790
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013790
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0297803
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0150780
IRS990/PYRevenuesLessExpensesAmt0-37777
IRS990/PYSalariesCompEmpBnftPaidAmt0184800
IRS990/PYTotalExpensesAmt0335580
IRS990/PYTotalRevenueAmt0297803
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt09934
IRS990/ReconcilationRevenueExpnssAmt0179628
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0544047
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0294203
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0365378
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0221447
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01425075
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt064940
IRS990ScheduleA/OtherIncome509Grp/TotalAmt064940
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.95640
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0221447
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0294203
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0365378
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0221447
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01490015
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt027746
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt027746
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-26002
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026002
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01744
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0135818
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0135818
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Believe The Dream
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0135818
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0135818
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0ARS Roofing
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Donation
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is reviewed by the Executive Director, submitted to the Finance Committee and presented by the Finance Committee Chair to the full board of directors for final approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members must read and sign The LIME Foundation conflict of interest statement. By signing, board members agree to comply with the statement by bringing any potential conflict of interest situations to the board for consideration.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The finance committee reviews compensation history as compared to a nonprofit corporation report based on the organization's size. A proposed salary modification is compared to the organization's forecasted budget. Then the finance committee makes a recommendation for salary changes to the Board of Directors. The Board of Directors votes on all salary changes, then the new salary is implemented through a third party payroll service provider.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 and other documents of public interest are available on the organization's website or upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0200070
IRS990/TotalAssetsEOYAmt0515747
IRS990/TotalAssetsGrp/BOYAmt0200070
IRS990/TotalAssetsGrp/EOYAmt0515747
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0544047
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt082063

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