Civic Intelligence

Gladeo

EIN 47-2676458 • 501(c)3 • Santa Monica, CA

Profile

Gladeo's mission is to foster career exploration for young people from diverse backgrounds.

3110 Main StreetSanta Monica, CA 90405-5352

www.gladeo.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.15x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

42nd percentile

-1.1%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

86th percentile

47%

Faster asset growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$97,714

Up $31,240 (+47%) from 2019

Liabilities

Up

$15,000

Up $15,000 from 2019

Net Assets

Up

$82,714

Up $16,240 (+24%) from 2019

Operations
Liabilities / Revenue76th percentileNet Margin42nd percentile

Revenue

Up

$387,059

Up $64,642 (+20%) from 2019

Expenses

Up

$391,182

Up $19,749 (+5.3%) from 2019

Net Income

Up

-$4,123

Up $44,893 (+92%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth86th percentile

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

$100K$50K$0Assets 2017: $27,372Liabilities 2017: $0Net Assets 2017: $27,3722017Assets 2018: $52,888Liabilities 2018: $0Net Assets 2018: $52,8882018Assets 2019: $66,474Liabilities 2019: $0Net Assets 2019: $66,4742019Assets 2020: $97,714Liabilities 2020: $15,000Net Assets 2020: $82,7142020

Highlighted filing

2020

Assets$97,714
Liabilities$15,000
Net Assets$82,714
Open 2020 Filing

Operations Trend

Revenue Growth72nd percentile

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

$600K$400K$200K$0-$200KRevenue 2017: $505,741Expenses 2017: $503,968Net Income 2017: $1,7732017Revenue 2018: $421,348Expenses 2018: $397,518Net Income 2018: $23,8302018Revenue 2019: $322,417Expenses 2019: $371,433Net Income 2019: -$49,0162019Revenue 2020: $387,059Expenses 2020: $391,182Net Income 2020: -$4,1232020

Highlighted filing

2020

Revenue$387,059
Expenses$391,182
Net Income-$4,123
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,714
Liabilities
$15,000
Net assets
$82,714
Revenue
$387,059
Expenses
$391,182
Net income
-$4,123
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.98$0.15$0.83$3.87$3.91$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$3.22$3.71$0.49
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$4.21$3.98$0.24
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$5.06$5.04$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Dec 9, 2020
Return Version
2019v5.0
Gross Receipts
$387,059
Mission and Program Overview

Mission

Gladeo is a digital media 501(c)(3) non-profit fostering career exploration for young people from diverse backgrounds.

Gladeo's mission is to foster career exploration for young people from diverse backgrounds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$38,405$74,922▲ $36,517
Cash and Non-Interest-Bearing Accounts$28,069$22,792▼ $5,277
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$66,474$97,714▲ $31,240
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$0$15,000▲ $15,000
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$15,000▲ $15,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$66,474$82,714▲ $16,240
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$66,474$82,714▲ $16,240
Total Liabilities and Net Assets / Fund Balance$66,474$97,714▲ $31,240

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$72,446$8,049$0
Land$0-$0
Equipment$2,476$275$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Marnie DudaBoard Chair
Lisa AndrewsDirector
Michelle ChoDirector
Kayla BourgeoisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$384,134
Program Service Revenue
$2,925
Investment Income
$0
Other Revenue
$0
All Other Contributions
$366,749
Change in Net Assets
$-4,123

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$290,860Google Adwords Credits
Other Non Cash Contri Table1$2,100, Notion, Canva, G Suite, Salesforce
Total Noncash Contributions2$292,960-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$391,182
Total Fundraising Expense$20,671
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$291,058$0$0$291,058
Fees for Services Management$15,518$15,519$15,519$46,556
Travel$15,600$0$5,152$20,752
Fees for Services Other$18,000$0$0$18,000
Office Expenses$0$12,394$0$12,394
Information Technology$2,422$0$0$2,422
Total Functional Expenses$342,598$27,913$20,671$391,182
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Online Giving Tuesday$17,385$0$0$0
Total Events$17,385$0$0$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $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
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
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

Part VI, Line 2

“| Employee:, Relationship:, Employee:| Grace Cho, Family Relationship, Michelle Cho|”

Part VI, Section B, Line 11B

“We send to directors to review and then we discuss at board meeting.”

Part VI, Section B, Line 12C

“Directors are required to disclose any potential conflicts of interests. Any potential conflicts of interests are handled according to the procedures set forth in the Gladeo Conflict of Interest Policy”

Part VI, Section C, Line 19

“Governing documents are made available to the public upon written request or by calling.”

Filing and Contact Details

Filer

Filer Name
Gladeo
EIN
47-2676458
In Care Of
% Michelle Cho
Phone
3108959532
Address
3110 MAIN STREET, SANTA MONICA, CA 90405-5352

Signing Officer

Name
Michelle Cho
Title
Director
Phone
3108959532
Signed
2020-12-09
Discuss with paid preparer
No

Organization Details

Formed
2014
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10
Supplemental Narrative

Additional Explanations

Part III, line 3

“We no longer are doing Gladeo.org, the virtual career exploration platform as of end of May 2020. The non-profit will continue to do the Gladeo League internship program and career exploration workshops and in the near future, we plan on launching a virtual micro-mentoring program.”

Part IX, line 11G

“| Description:, Amount:| Tech Development, $18000|”

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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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IRS990/ProgSrvcAccomActy2Grp/Desc0Interns are mentored by industry advisors and participate in creating inspirational and educational career content. Through this experience, they not only gain real-world experience, hone their soft skills, learn about a variety of careers, build their portfolio/reel, but they also develop relationships with currently working professionals to build their network of contacts in their field of interest and increase their belief and confidence that they too can pursue this career.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Our signature workshop, "Dream Confidently" discusses why it is important to learn about different careers and industries from an early age. The 2nd part explores who they are through investigation of personality strengths, passions and priorities. Lastly we explore how to discover the different careers and industries out there.
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