Civic Intelligence

Kern Energy Foundation

990EZ • Fiscal year 2018 • EIN 47-2747194

Jan 01, 2018 to Dec 31, 2018 • Filed on May 17, 2019

PO Box 13471Bakersfield, CA 93389

(661) 324-4971

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

2nd percentile

-203%

Higher net margin than 2% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

2nd percentile

-89%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-87%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$4,606

Down $35,791 (-89%) from 2017

Net Assets

Down

$4,606

Down $35,791 (-89%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$17,657

Down $121,184 (-87%) from 2017

Expenses

Down

$53,448

Down $64,243 (-55%) from 2017

Net Income

Down

-$35,791

Down $56,941 (-269%) from 2017

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2015: $20,310Net Assets 2015: $20,3102015Assets 2016: $19,247Net Assets 2016: $19,2472016Assets 2017: $40,397Net Assets 2017: $40,3972017Assets 2018: $4,606Net Assets 2018: $4,6062018Assets 2019: $67,135Net Assets 2019: $67,1352019Assets 2020: $66,648Net Assets 2020: $66,6482020Assets 2021: $51,606Net Assets 2021: $51,6062021Assets 2022: $73,855Net Assets 2022: $73,8552022Assets 2023: $60,232Liabilities 2023: $02023Assets 2024: $49,152Net Assets 2024: $49,1522024

Highlighted filing

2018

Assets$4,606
Liabilities-
Net Assets$4,606

Operations Trend

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

$200K$100K$0-$100KRevenue 2015: $173,987Expenses 2015: $153,677Net Income 2015: $20,3102015Revenue 2016: $15,009Expenses 2016: $16,072Net Income 2016: -$1,0632016Revenue 2017: $138,841Expenses 2017: $117,691Net Income 2017: $21,1502017Revenue 2018: $17,657Expenses 2018: $53,448Net Income 2018: -$35,7912018Revenue 2019: $128,542Expenses 2019: $66,013Net Income 2019: $62,5292019Revenue 2020: $1,749Expenses 2020: $2,236Net Income 2020: -$4872020Revenue 2021: $619Expenses 2021: $15,661Net Income 2021: -$15,0422021Revenue 2022: $102,611Expenses 2022: $80,362Net Income 2022: $22,2492022Revenue 2023: $0Expenses 2023: $13,623Net Income 2023: -$13,6232023Revenue 2024: $54,750Expenses 2024: $65,830Net Income 2024: -$11,0802024

Highlighted filing

2018

Revenue$17,657
Expenses$53,448
Net Income-$35,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 17, 2019
Return Version
2018v3.1
Gross Receipts
$17,657
Mission and Program Overview

Mission

The primary objectives and purposes of kern energy foundation is to promote community welfare for charitable, educational, or recreational purposes through an annual festival to celebrate kern county's rich ties to the energy industry and educate the public on the many ways energy impact our lives.

Program Services

DescriptionGrantsExpenses
THE KERN ENERGY FESTIVAL WAS CREATED TO HIGHLIGHT THE MANY POSITIVE ASPECTS OF KERN COUNTY'S ENERGY INDUSTRY. STRICT REGULATIONS HANDED DOWN FROM STATE GOVERNMENT AND RISING COSTS HAVE CAUSED THE DISAPPEARANCE OF LOCAL JOBS, CREATING MORE CHALLENGES FOR THE ENERGY SECTOR. WHEN INDUSTRY LEADERS SAT DOWN TOGETHER, THEY REALIZED THAT THE KEY TO BRINGING BACK THE STRENGTH OF OUR COMMUNITY LAY IN SPREADING THE WORD ABOUT THE ECONOMIC CONTRIBUTION OF ENERGY. INDUSTRIES LIKE PETROLEUM, SOLAR, AND WIND ALL CALL KERN COUNTY HOME, EMPLOYING THOUSANDS OF LOCAL RESIDENTS AND POWERING OUR HOMES AND CARS. THE IDEA FOR THE FESTIVAL WAS BORN FROM A DESIRE TO EDUCATE THE COMMUNITY ON LOCAL ENERGY PRODUCTION IN A CELEBRATION WITH FOOD AND DRINKS, FUN ACTIVITIES, AND EXHIBITS FOR ALL AGES.$11,840-
THE ALEX EPSTEIN LUNCHEON WAS CREATED TO PROVIDE INFORMATION TO THE COMMUNITY INCLUDING OFFERING A POSITIVE, PRO-HUMAN ALTERNATIVE TO THE GREEN MOVEMENT AND KNOWLEDGE ON APPLYING BIG-PICTURE, HUMANISTIC THINKING TO THE INDUSTRIAL AND ENVIRONMENTAL CONTROVERSIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHAD HATHAWAYDir./Pres.-$0--
RYAN NIELSENTreasurer/Director-$0--
WILLIE RIVERADir./V.P.-$0--
Filing and Contact Details

Filer

Filer Name
Kern Energy Foundation
EIN
47-2747194
Phone
6613244971
Address
PO Box 13471, Bakersfield, CA 93389

Signing Officer

Name
Chad Hathaway
Title
Dir./pres.
Signed
2019-05-17
Discuss with paid preparer
Yes

Preparer

Firm
Brown Armstrong Accountancy Corp
Address
4200 TRUXTUN AVE STE 300, BAKERSFIELD, CA 93309-0668
Preparer
Ryan L Nielsen
Phone
6613244971
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

Class of Activity: Sponsorship | Donee's Name: KERN COUNTY HISPANIC CHAMBER OF COMMERCE | Donee's Address: 1601 H ST, SUITE 201 A BAKERSFIELD CA 93301 | Relationship of Donee: None | Cash Amount Given: $15000

Grants and Similar Amounts Paid In Excess of $5,000.6

Class of Activity: SPONSORSHIP | Donee's Name: KERN COUNTY MUSEUM | Donee's Address: 3801 CHESTER AVE, BAKERSFIELD CA 93301 | Relationship of Donee: NONE | Cash Amount Given: $15000

Other Expenses.1002

Office Expenses $341

Other Expenses.1

OUTSIDE SERVICES $2719

Other Expenses.3

MEETING EXPENSE $458

Other Expenses.4

TAXES AND LICENSES $10

Other Assets.1

DUEE FROM CHEVRON - Beginning $4381 DUEE FROM CHEVRON - Ending $4381

Raw XML Appendix119 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum06613244971
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BAKERSFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd093309
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036016
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0225
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IRS990EZ/ExcessOrDeficitForYearAmt0-35791
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IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/GrossReceiptsForPublicUseAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILLIE RIVERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIR./PRES.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/DIR.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIR./V.P.
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04381
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04381
IRS990EZ/OtherExpensesTotalAmt03528
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY OBJECTIVES AND PURPOSES OF KERN ENERGY FOUNDATION IS TO PROMOTE COMMUNITY WELFARE FOR CHARITABLE, EDUCATIONAL, OR RECREATIONAL PURPOSES THROUGH AN ANNUAL FESTIVAL TO CELEBRATE KERN COUNTY'S RICH TIES TO THE ENERGY INDUSTRY AND EDUCATE THE PUBLIC ON THE MANY WAYS ENERGY IMPACT OUR LIVES.
IRS990EZ/PrintingPublicationsPostageAmt01320
IRS990EZ/ProgramServiceRevenueAmt0150
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE KERN ENERGY FESTIVAL WAS CREATED TO HIGHLIGHT THE MANY POSITIVE ASPECTS OF KERN COUNTY'S ENERGY INDUSTRY. STRICT REGULATIONS HANDED DOWN FROM STATE GOVERNMENT AND RISING COSTS HAVE CAUSED THE DISAPPEARANCE OF LOCAL JOBS, CREATING MORE CHALLENGES FOR THE ENERGY SECTOR. WHEN INDUSTRY LEADERS SAT DOWN TOGETHER, THEY REALIZED THAT THE KEY TO BRINGING BACK THE STRENGTH OF OUR COMMUNITY LAY IN SPREADING THE WORD ABOUT THE ECONOMIC CONTRIBUTION OF ENERGY. INDUSTRIES LIKE PETROLEUM, SOLAR, AND WIND ALL CALL KERN COUNTY HOME, EMPLOYING THOUSANDS OF LOCAL RESIDENTS AND POWERING OUR HOMES AND CARS. THE IDEA FOR THE FESTIVAL WAS BORN FROM A DESIRE TO EDUCATE THE COMMUNITY ON LOCAL ENERGY PRODUCTION IN A CELEBRATION WITH FOOD AND DRINKS, FUN ACTIVITIES, AND EXHIBITS FOR ALL AGES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ALEX EPSTEIN LUNCHEON WAS CREATED TO PROVIDE INFORMATION TO THE COMMUNITY INCLUDING OFFERING A POSITIVE, PRO-HUMAN ALTERNATIVE TO THE GREEN MOVEMENT AND KNOWLEDGE ON APPLYING BIG-PICTURE, HUMANISTIC THINKING TO THE INDUSTRIAL AND ENVIRONMENTAL CONTROVERSIES.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053448
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Class of Activity: SPONSORSHIP | Donee's Name: KERN COUNTY MUSEUM | Donee's Address: 3801 CHESTER AVE, BAKERSFIELD CA 93301 | Relationship of Donee: NONE | Cash Amount Given: $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $341
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEETING EXPENSE $458
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TAXES AND LICENSES $10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0CHAD HATHAWAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIR./PRES.
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Kern Energy Foundation
ReturnHeader/Filer/BusinessNameControlTxt0KERN
ReturnHeader/Filer/EIN0472747194
ReturnHeader/Filer/PhoneNum06613244971
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 13471
ReturnHeader/Filer/USAddress/CityNm0Bakersfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093389
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953109182
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04200 TRUXTUN AVE STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BAKERSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0933090668
ReturnHeader/PreparerPersonGrp/PhoneNum06613244971
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ryan L Nielsen
ReturnHeader/ReturnTs02019-05-17T14:15:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings