Civic Intelligence

Scarlet Foundation

990EZ • Fiscal year 2017 • EIN 47-2531750

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 09, 2018

17500 Burbank BlvdEncino, CA 91316

(818) 646-6061

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

27th percentile

-6.7%

Higher net margin than 27% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

93rd percentile

144%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$92,986

Up $54,948 (+144%) from 2016

Net Assets

$92,986

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$97,765

Up $31,213 (+47%) from 2016

Expenses

Up

$104,322

Up $75,808 (+266%) from 2016

Net Income

Down

-$6,557

Down $44,595 (-117%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2015: $40,427Liabilities 2015: $0Net Assets 2015: $40,4272015Assets 2016: $38,038Liabilities 2016: $02016Assets 2017: $92,986Liabilities 2017: $0Net Assets 2017: $92,9862017Assets 2018: $42,624Liabilities 2018: $0Net Assets 2018: $42,6242018Assets 2019: $83,635Liabilities 2019: $0Net Assets 2019: $83,6352019Assets 2020: $77,877Liabilities 2020: $0Net Assets 2020: $77,8772020Assets 2021: $10,436Liabilities 2021: $0Net Assets 2021: $10,4362021

Highlighted filing

2017

Assets$92,986
Liabilities$0
Net Assets$92,986

Operations Trend

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

$400K$200K$0-$200KRevenue 2015: $66,552Expenses 2015: $26,125Net Income 2015: $40,4272015Revenue 2016: $66,552Expenses 2016: $28,514Net Income 2016: $38,0382016Revenue 2017: $97,765Expenses 2017: $104,322Net Income 2017: -$6,5572017Revenue 2018: $85,362Expenses 2018: $135,724Net Income 2018: -$50,3622018Revenue 2019: $379,060Expenses 2019: $338,049Net Income 2019: $41,0112019Revenue 2020: $187,324Expenses 2020: $193,085Net Income 2020: -$5,7612020Revenue 2021: $11,936Expenses 2021: $79,377Net Income 2021: -$67,4412021

Highlighted filing

2017

Revenue$97,765
Expenses$104,322
Net Income-$6,557
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 9, 2018
Return Version
2016v3.0
Gross Receipts
$97,765
Mission and Program Overview

Mission

The mission of Scarlet Foundation is to ensure that the learners of iLead Encino have the best educational experience possible.We work toward that goal by partnering with the administrators, facilitators and families of iLEAD Encino to develop and support programs, events and community-building activities that go above and beyond the school's traditional resources. All of this is made possible through the coordinated efforts of volunteers drawn from the iLEAD Encino community and through fundraising initiatives such as an annual giving campaign, community sponsorships and special events.

Program Services

DescriptionGrantsExpenses
Organized for Charitable and Public purposes to raised funds and support programs that enhance Ilead Encino School$104,322$97,765
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH ELLWOD RAGSDALE IIIPresident-$0--
JESSE LEETreasurer-$0--
STEVE RYANSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Scarlet Foundation
EIN
47-2531750
Phone
8186466061
Address
17500 BURBANK BLVD, ENCINO, CA 91316

Signing Officer

Name
Jesse Lee
Title
Treasurer
Signed
2018-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Accuretta Inc
Address
5900 Sepulveda Blvd Ste 435, Sherman Oaks, CA 91411-2511
Preparer
Brenda Kommareddy CPA
Phone
8187821080
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $911

Other Expenses.1002

Office Expenses $4036

Other Expenses.1012

Insurance $3600

Other Expenses.1

PROGRAM $49296

Other Expenses.2

JOB SUPPLIES $18869

Other Expenses.3

DONATIONS $18000

Other Expenses.4

Credit card processing fees $4841

Other Expenses.5

Fund raising expenses $3431

Other Expenses.6

RENT $935

Other Expenses.7

Meals and entertainment $206

Other Expenses.8

TAXES $70

Other Expenses.9

SHIPPING $40

Other Expenses.10

BANK SERVICE CHARGES $24

Raw XML Appendix145 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ENCINO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt099543
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The mission of Scarlet Foundation is to ensure that the learners of iLead Encino have the best educational experience possible.We work toward that goal by partnering with the administrators, facilitators and families of iLEAD Encino to develop and support programs, events and community-building activities that go above and beyond the school's traditional resources. All of this is made possible through the coordinated efforts of volunteers drawn from the iLEAD Encino community and through fundraising initiatives such as an annual giving campaign, community sponsorships and special events.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Organized for Charitable and Public purposes to raised funds and support programs that enhance Ilead Encino School
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0104322
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt097765
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt097765
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt097765
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt066551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0164316
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt066551
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IRS990ScheduleA/TotalSupportAmt0164316
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $911
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $4036
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $3600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM $49296
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JOB SUPPLIES $18869
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DONATIONS $18000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CREDIT CARD PROCESSING FEES $4841
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7FUND RAISING EXPENSES $3431
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8RENT $935
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MEALS AND ENTERTAINMENT $206
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TAXES $70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11SHIPPING $40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK SERVICE CHARGES $24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSE LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCARLET FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SCAR
ReturnHeader/Filer/EIN0472531750
ReturnHeader/Filer/PhoneNum08186466061
ReturnHeader/Filer/USAddress/AddressLine1Txt017500 BURBANK BLVD
ReturnHeader/Filer/USAddress/CityNm0ENCINO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Accuretta Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05900 Sepulveda Blvd Ste 435
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sherman Oaks
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0914112511
ReturnHeader/PreparerPersonGrp/PhoneNum08187821080
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brenda Kommareddy CPA
ReturnHeader/ReturnTs02018-11-09T14:14:17-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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Filings