Civic Intelligence

Nick Cannon Foundation Inc.

990EZ • Fiscal year 2021 • EIN 47-2993765

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 28, 2022

Organization ProfileN/A
468 N Camden Dr 400ABeverly Hills, CA 90210

(818) 377-6300

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

40th percentile

2.1%

Higher net margin than 40% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

5th percentile

-73%

Faster asset growth than 5% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Revenue Growth

31st percentile

-20%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$3,623

Down $45,697 (-93%) from 2019

Net Assets

Down

$3,623

Down $45,697 (-93%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin40th percentile

Revenue

Down

$125,212

Down $69,288 (-36%) from 2019

Expenses

Down

$122,624

Down $31,931 (-21%) from 2019

Net Income

Down

$2,588

Down $37,357 (-94%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$60K$40K$20K$0Assets 2016: $53,160Net Assets 2016: $53,1602016Assets 2019: $49,320Net Assets 2019: $49,3202019Assets 2021: $3,623Net Assets 2021: $3,6232021Assets 2022: $6,679Liabilities 2022: $0Net Assets 2022: $6,6792022Assets 2023: $1,902Net Assets 2023: $1,9022023Assets 2024: $3,832Net Assets 2024: $3,8322024

Highlighted filing

2021

Assets$3,623
Liabilities-
Net Assets$3,623
Open 2021 Filing

Operations Trend

Revenue Growth31st percentile

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

$300K$200K$100K$0-$100KRevenue 2016: $92,000Expenses 2016: $38,840Net Income 2016: $53,1602016Revenue 2019: $194,500Expenses 2019: $154,555Net Income 2019: $39,9452019Revenue 2021: $125,212Expenses 2021: $122,624Net Income 2021: $2,5882021Revenue 2022: $200,500Expenses 2022: $197,444Net Income 2022: $3,0562022Revenue 2023: $170,207Expenses 2023: $174,948Net Income 2023: -$4,7412023Revenue 2024: $129,156Expenses 2024: $127,226Net Income 2024: $1,9302024

Highlighted filing

2021

Revenue$125,212
Expenses$122,624
Net Income$2,588
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 28, 2022
Return Version
2021v4.0
Gross Receipts
$125,212
Mission and Program Overview

Mission

The mission is to maintain programs that command collaborative community and corporate partnerships that foster lasting change in the lives of at risk youth.

Program Services

DescriptionGrantsExpenses
CAREER READINESS AND ENTREPRENEURSHIP--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICK CANNONPresident-$0--
Filing and Contact Details

Filer

Filer Name
Nick Cannon Foundation Inc
EIN
47-2993765
Phone
8183776300
Address
468 N CAMDEN DR 400A, BEVERLY HILLS, CA 90210

Signing Officer

Name
Nick Cannon
Title
President
Signed
2022-11-28
Discuss with paid preparer
Yes

Preparer

Firm
Gordon & Associates
Address
15821 VENTURA BLVD STE 525, ENCINO, CA 91436
Preparer
Laura Gordon CPA
Phone
8183776300
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $5399”

Other Expenses.1005

“Travel $9448”

Other Expenses.1012

“Insurance $1799”

Other Expenses.1

“AWARDS & GRANTS $13125”

Other Expenses.2

“CONTRIBUTION $12500”

Other Expenses.3

“OUTSIDE SERVICES $10000”

Other Expenses.4

“Meals $2918”

Other Expenses.5

“Bank Charges $646”

Other Expenses.6

“TAX & LICENSES $25”

Raw XML Appendix139 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/PersonNm0GORDON AND ASSOCIATES
IRS990EZ/BooksInCareOfDetail/PhoneNum08183776300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0468 N CAMDEN DR 400A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BEVERLY HILLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090210
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01035
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IRS990EZ/ExcessOrDeficitForYearAmt02588
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0125212
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01035
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01035
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NICK CANNON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt055860
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CAREER READINESS AND ENTREPRENEURSHIP
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt066764
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1DE
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0122624
IRS990EZ/TotalRevenueAmt0125212
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt033000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0194500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0430201
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0430201
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0125201
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt033000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0194500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0430201
IRS990ScheduleA/TotalSupportAmt0430201
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $5399
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $9448
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1799
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AWARDS & GRANTS $13125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRIBUTION $12500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUTSIDE SERVICES $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Meals $2918
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank Charges $646
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TAX & LICENSES $25
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK CANNON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NICK CANNON FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NICK
ReturnHeader/Filer/EIN0472993765
ReturnHeader/Filer/PhoneNum08183776300
ReturnHeader/Filer/USAddress/AddressLine1Txt0468 N CAMDEN DR 400A
ReturnHeader/Filer/USAddress/CityNm0BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090210
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954622201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gordon & Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015821 VENTURA BLVD STE 525
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ENCINO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091436
ReturnHeader/PreparerPersonGrp/PhoneNum08183776300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA GORDON CPA
ReturnHeader/ReturnTs02022-11-28T09:14:26-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CANNON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,623
Liabilities
-
Net assets
$3,623
Revenue
$125,212
Expenses
$122,624
Net income
$2,588
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.04$1.29$1.27$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.02$0.02$1.70$1.75$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$2.01$1.97$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.04$1.25$1.23$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.49$1.95$1.55$0.40
2016Detailed filing. Detailed filing data is available for this year.$0.53$0.53$0.92$0.39$0.53