Civic Intelligence

Talkingpoints

990 • Fiscal year 2018 • EIN 47-4616102

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

509 Webster StreetSan Francisco, CA 94117

(425) 209-9426

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.19x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.14x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

81st percentile

$78,231

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

78th percentile

20%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

165%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$697,455

Up $114,676 (+20%) from 2017

Net Assets

Up

$567,358

Up $4,974 (+0.9%) from 2017

Liabilities

Up

$130,097

Up $109,702 (+538%) from 2017

Revenue

Up

$955,589

Up $594,983 (+165%) from 2017

Expenses

Up

$696,680

Up $336,074 (+93%) from 2017

Net Income

Up

$258,909

Up $258,909 from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2015: $368,083Liabilities 2015: $3,494Net Assets 2015: $364,5892015Assets 2016: $582,779Liabilities 2016: $20,395Net Assets 2016: $562,3842016Assets 2017: $582,779Liabilities 2017: $20,395Net Assets 2017: $562,3842017Assets 2018: $697,455Liabilities 2018: $130,097Net Assets 2018: $567,3582018Assets 2019: $1,944,867Liabilities 2019: $162,904Net Assets 2019: $1,781,9632019Assets 2020: $7,395,487Liabilities 2020: $2,361,484Net Assets 2020: $5,034,0032020Assets 2021: $10,225,179Liabilities 2021: $1,005,364Net Assets 2021: $9,219,8152021Assets 2022: $19,913,909Liabilities 2022: $1,042,021Net Assets 2022: $18,871,8882022Assets 2023: $20,251,830Liabilities 2023: $1,540,834Net Assets 2023: $18,710,9962023Assets 2024: $20,217,761Liabilities 2024: $1,756,216Net Assets 2024: $18,461,5452024

Highlighted filing

2018

Assets$697,455
Liabilities$130,097
Net Assets$567,358

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2015: $522,052Expenses 2015: $157,463Net Income 2015: $364,5892015Revenue 2016: $558,401Expenses 2016: $360,606Net Income 2016: $197,7952016Revenue 2017: $360,606Expenses 2017: $360,606Net Income 2017: $02017Revenue 2018: $955,589Expenses 2018: $696,680Net Income 2018: $258,9092018Revenue 2019: $2,642,083Expenses 2019: $1,427,478Net Income 2019: $1,214,6052019Revenue 2020: $6,100,292Expenses 2020: $2,848,252Net Income 2020: $3,252,0402020Revenue 2021: $5,363,191Expenses 2021: $2,049,829Net Income 2021: $3,313,3622021Revenue 2022: $18,603,925Expenses 2022: $8,951,852Net Income 2022: $9,652,0732022Revenue 2023: $14,745,587Expenses 2023: $14,906,478Net Income 2023: -$160,8912023Revenue 2024: $18,582,070Expenses 2024: $18,831,522Net Income 2024: -$249,4522024

Highlighted filing

2018

Revenue$955,589
Expenses$696,680
Net Income$258,909
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$955,589
Mission and Program Overview

Mission

Our mission is to drive student success by unlocking the potential of families to fuel their children's learning, especially in under-resourced communities. We do this by building meaningful connections between schools, teachers and families through accessible technology.

TalkingPoints meaningfully connects teachers and families by meeting them where they are, without language barriers, through accessible technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$184,125$429,999▲ $245,874
Cash and Non-Interest-Bearing Accounts$134,350$266,925▲ $132,575
Prepaid Expenses and Deferred Charges$531$531→ $0
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$319,006$697,455▲ $378,449
Other Assets Total-$0-
Liabilities
Deferred Revenue-$78,821-
Accounts Payable and Accrued Expenses$10,557$51,276▲ $40,719
Total Liabilities$10,557$130,097▲ $119,540
Net Assets / Fund Balance
Temporarily Rstr Net Assets$100,000$397,500▲ $297,500
Unrestricted Net Assets$208,449$169,858▼ $38,591
Total Net Assets Fund Balance$308,449$567,358▲ $258,909
Total Liabilities and Net Assets / Fund Balance$319,006$697,455▲ $378,449
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heejae LimPresident & EDFT$73,333$4,898$78,231

Board Members and Trustees

NameTitle
Jillian KilbySecretary
Tyler CoatsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$878,735
Program Service Revenue
$73,966
Investment Income
$0
Other Revenue
$2,888
All Other Contributions
$878,735
Change in Net Assets
$258,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$480,043
Salaries, Compensation, and Employee Benefits$216,637
Total Fundraising Expense$34,205
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,167$5,800$18,867$115,834
Current Officers, Directors, Trustees, and Key Employees$66,000$2,200$5,133$73,333
Occupancy$19,394$987$2,962$23,343
Travel$15,483$1,387$1,943$18,813
Payroll Taxes$13,031$664$1,990$15,685
Other Employee Benefits$9,792$498$1,495$11,785
Fees for Services Accounting-$9,263-$9,263
Fees for Services Other$2,908$4,058$444$7,410
Other Expenses$2,470$126$377$2,973
Fees for Services Legal-$2,400-$2,400
All Other Expenses$1,403$158$214$1,775
Insurance$1,026$52$157$1,235
Office Expenses$868$44$133$1,045
Information Technology$318$16$48$382
Advertising$163$8$25$196
Total Functional Expenses$629,675$32,800$34,205$696,680
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$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 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
Yes
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 prepared by an outside tax professional. The form is then reviewed bythe organization's management and a member of the board of directors. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.

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

Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose potential conflicts and any related party affiliations. Loans between the organization and members of management and the board are strictly prohibited. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.

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

Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation of other personnel is reviewed periodically by members of management. Efforts are made to secure compensation data from authoritative sources in order to determine competitiveness and appropriateness of salaries and all related benefits.

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

All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing as electronic copies) and are also available for a physical inspection at the organization's office in san francisco, california.

Filing and Contact Details

Filer

Filer Name
TalkingPoints
EIN
47-4616102
Phone
4252099426
Address
509 Webster Street, San Francisco, CA 94117

Signing Officer

Name
Heejae Lim
Title
Executive Director
Phone
4252099426
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heejae Lim
Formed
2015
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
40

Preparer

Firm
Regalia & Associates CPAs
Address
103 Town Country Dr Ste K, Danville, CA 94526
Preparer
Douglas W Regalia
Phone
9253140390
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY AN OUTSIDE TAX PROFESSIONAL. THE FORM IS THEN REVIEWED BYTHE ORGANIZATION'S MANAGEMENT AND A MEMBER OF THE BOARD OF DIRECTORS. AFTER A FULL REVIEW, THE FINAL VERSION OF THE TAX RETURN IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S VOTING BODY. A REPRESENTATIVE OF MANAGEMENT AUTHORIZES THE FINAL FORM 990 WHICH IS THEN E-FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST ATLEAST ANNUALLY. ALL PERSONNEL AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY IN ACCORDANCE WITH IRS RULES AND REGULATIONS. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF OTHER PERSONNEL IS REVIEWED PERIODICALLY BY MEMBERS OF MANAGEMENT. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM AUTHORITATIVE SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES AND ALL RELATED BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER LEGALFILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND HELD AVAILABLE FOR INSPECTION BYTAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE POSTED ANNUALLY TOWWW.GUIDESTAR.ORG (WHERE THEY ARE AVAILABLE FOR VIEWING AS ELECTRONIC COPIES) AND ARE ALSO AVAILABLE FOR A PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICE IN SAN FRANCISCO, CALIFORNIA.
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 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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