Civic Intelligence

Caroline D Bradley Association of Scholars

990 • Fiscal year 2016 • EIN 47-4625250

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 31, 2017

569 S Marengo AvePasadena, CA 91101

(626) 403-8900

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

99th percentile

$208,850

Higher top officer pay than 99% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $1,379,967Liabilities 2017: $770,000Net Assets 2017: $609,9672017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $1,086,876Liabilities 2019: $128,392Net Assets 2019: $958,4842019Assets 2020: $2,213,250Liabilities 2020: $59,744Net Assets 2020: $2,153,5062020Assets 2021: $2,777,144Liabilities 2021: $55,155Net Assets 2021: $2,721,9892021Assets 2022: $3,040,517Liabilities 2022: $34,999Net Assets 2022: $3,005,5182022Assets 2023: $3,778,810Liabilities 2023: $435,449Net Assets 2023: $3,343,3612023Assets 2024: $3,794,301Liabilities 2024: $8,128Net Assets 2024: $3,786,1732024

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $5,391,905Expenses 2017: $4,781,938Net Income 2017: $609,9672017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $5,734,743Expenses 2019: $5,707,634Net Income 2019: $27,1092019Revenue 2020: $6,711,239Expenses 2020: $5,516,217Net Income 2020: $1,195,0222020Revenue 2021: $6,020,518Expenses 2021: $5,452,035Net Income 2021: $568,4832021Revenue 2022: $6,227,218Expenses 2022: $5,943,689Net Income 2022: $283,5292022Revenue 2023: $6,543,983Expenses 2023: $6,206,140Net Income 2023: $337,8432023Revenue 2024: $6,699,071Expenses 2024: $6,256,259Net Income 2024: $442,8122024

Highlighted filing

2016

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 31, 2017
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

Cdbas mission is to support the institute for educational advancement(iea,) which is dedicated to the intellectual, creative, and personalgrowth of our nation's gifted and high-potential youth. Central to themission of iea is a commitment to the development of the whole child through engaging learning experiences that promote optimal challenge, mentorship, exploration of ideas, and recognition of personal potential.

To support the institute for educational advancement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Zadra Rose IbanezDirector of OperationsPT$83,072$83,072

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

No committee of the board, including any executive committee, shall have any of the authority of the board with respect to: (a) the filling of vacancies on the board or on any committee which has the authority of the board; (b) the amendment or repeal of the articles or bylaws or the adoption of new articles or bylaws; (c) the fixing of compensation of the directors for serving on the board or on any committee which has the authority of the board; (d) the amendment or repeal of any resolution of the board which by its express terms is not so amendable or repeatable; (e) the appointment of other committees of the board or the members thereof if such committee will have the authority of the board; (f) the expenditure of corporate funds to support a nominee for director after there are more people nominated for director than can be elected; (g) the approval of any self-dealing transaction, except that when it is not reasonably practicable to obtain approval of the board prior to entering into such a transaction, a committee authorized by the board may approve the transaction in a manner consistent with the standards set forth in section 5233(d) of the law subject to ratification by a majority of the directors then in office (without counting the vote of any "interested director" as defined in section 5233 of the law) at the next meeting of the board; or (h) the approval of any other action for which the law or these bylaws requires approval of the board or of a majority of the board.

Form 990, Part VI, Section B, Line 11B

Form 990 was reviewed and approved by the audit committee of iea, consisting of three board members, before filing. The organization emailed each member of the governing body the organization's final form 990 prior to its filing with the irs.

Form 990, Part VI, Section B, Line 12C

The caroline d. Bradley association of scholars (the "association") expects all persons associated with it to conduct business on behalf of the association with integrity and a high ethical standard. In particular, the association's directors, officers and employees should attempt to avoid activities or conduct which involve a conflict of interest, recognizing that even the appearance of a conflict of interest could harm the association. Any activity should be able to be justified and withstand public scrutiny, and care should be taken to avoid adversely affecting the integrity or the reputation of the association. In considering whether a conflict of interest exists, directors, officers and employees should remember that relationships of their business, business associates, family and friends may give rise to a potential conflict of interest even if such director, officer or employee is not involved directly. A potential conflict can exist where the parties in the relationship give or receive, or could reasonably be perceived to give or receive, unfair advantage or preferential treatment because of the relationship. Using the foregoing principles and guidelines of this policy on business ethics and conflict of interest (the "policy"), all directors, officers and employees of the association shall act in good faith and use their best judgment to bring to the attention of the president or secretary of the association any conflict of interest, real or perceived, whether financial or otherwise, between any of them and the association. The president or secretary, acting jointly or alone, shall determine whether an actual conflict of interest exists and make a determination on the proposed action, transaction or other activity (the "activity"). If, in the judgment of the president, there is a potential conflict and the activity is sufficiently material, the matter shall be presented to the board of directors. At the discretion of the board of directors, the interested party may attend the meeting of the board of directors and answer questions and provide information about the potential conflict of interest and the activity; provided, however, the interested party shall otherwise recuse himself or herself from the meeting and shall not be present during debate and voting on the matter. In connection with conflicts related to financial transactions, all actions of the board of directors shall be undertaken in compliance with applicable federal law relevant to "intermediate sanctions and applicable california law relevant to self-dealing transactions

Form 990, Part VI, Section C, Line 19

The organization makes the governing document, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Caroline D Bradley
EIN
47-4625250
Phone
6264038900
Address
569 S MARENGO AVE, PASADENA, CA 91101

Signing Officer

Name
Elizabeth D Jones
Title
President
Phone
6264038900
Signed
2017-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth D Jones
Formed
2015
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 N LAKE AVE SUITE 900, PASADENA, CA 91101
Preparer
Alan Harrison
Phone
6267933600
Supplemental Narrative

Additional Explanations

From 990 Part III, Line 1

The organization received their federal and state tax exempt determination letter in may 26, 2016 and augst 12, 2016 and will start operations as of january 1, 2017.

Raw XML Appendix356 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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IRS990/ActivityOrMissionDesc0TO SUPPORT THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT.
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IRS990/Desc0THE CAROLINE D. BRADLEY ASSOCIATION OF SCHOLARS ("CDBAS") IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION THAT IS ORGANIZED TO BENEFIT AND SUPPORT THE INSTITUTE FOR EDUCATIONAL ADVANCEMENT ("IEA"), A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION THAT IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE (EIN: 95-4695698). CDBAS IS ORGANIZED AND INTENDS TO OPERATE AS A TYPE I SUPPORTING ORGANIZATION OF IEA. IEA IS DEDICATED TO THE INTELLECTUAL, CREATIVE, AND PERSONAL GROWTH OF OUR NATION'S GIFTED AND HIGH-POTENTIAL YOUTH. CENTRAL TO THE MISSION OF IEA IS A COMMITMENT TO THE DEVELOPMENT OF THE WHOLE CHILD THROUGH ENGAGING EDUCATIONAL EXPERIENCES THAT PROMOTE OPTIMAL CHALLENGE, MENTORSHIP, EXPLORATION OF IDEAS, AND RECOGNITION OF PERSONAL POTENTIAL. IEA SEEKS TO CONNECT LIKE-MINDED INDIVIDUALS AND SUPPORTS A DIVERSE COMMUNITY THAT CREATES A SENSE OF BELONGING AND AFFIRMATION.CDBAS WILL OPERATE THE CAROLINE D. BRADLEY SCHOLARSHIP PROGRAM WHICH IS CURRENTLY OPERATED BY IEA. ITS PURPOSE IS TO AUGMENT THE ACADEMIC PROVISIONS FOR HIGHLY ABLE YOUTH DURING THEIR HIGH SCHOOL YEARS. IT IS A NATIONWIDE, MERIT-BASED INITIATIVE IMPLEMENTED TO SUPPORT EXCEPTIONALLY GIFTED YOUNG PEOPLE IN WANT OF A CHALLENGING BUT FLEXIBLE LEARNING ENVIRONMENT TO ASSIST THEM IN WORKING TOWARDS THEIR FULL POTENTIAL IN HIGH SCHOOL. THE SCHOLARSHIP PROGRAM WILL BE BASED ON THE PREMISE THAT THE NATION'S MOST GIFTED YOUNG PEOPLE WILL FLOURISH IN A NURTURING, RIGOROUS, AND FLEXIBLE LEARNING ENVIRONMENT SUITED TO THEIR INDIVIDUAL NEEDS AND GOALS. THE MISSION OF THE SCHOLARSHIP PROGRAM IS TO IDENTIFY EXCEPTIONALLY GIFTED MIDDLE SCHOOL STUDENTS WHO EXHIBIT ADVANCED INTELLECTUAL TALENT AND HAVE THE ABILITY TO DEMONSTRATE ACADEMIC AND PERSONAL EXCELLENCE. THESE EXCEPTIONAL STUDENTS ARE GRANTED A SCHOLARSHIP TO A HIGH SCHOOL PROGRAM WHERE THEY CAN ACTUALIZE THEIR UNIQUE INDIVIDUAL POTENTIAL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO COMMITTEE OF THE BOARD, INCLUDING ANY EXECUTIVE COMMITTEE, SHALL HAVE ANY OF THE AUTHORITY OF THE BOARD WITH RESPECT TO: (A) THE FILLING OF VACANCIES ON THE BOARD OR ON ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; (B) THE AMENDMENT OR REPEAL OF THE ARTICLES OR BYLAWS OR THE ADOPTION OF NEW ARTICLES OR BYLAWS; (C) THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD; (D) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEATABLE; (E) THE APPOINTMENT OF OTHER COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF IF SUCH COMMITTEE WILL HAVE THE AUTHORITY OF THE BOARD; (F) THE EXPENDITURE OF CORPORATE FUNDS TO SUPPORT A NOMINEE FOR DIRECTOR AFTER THERE ARE MORE PEOPLE NOMINATED FOR DIRECTOR THAN CAN BE ELECTED; (G) THE APPROVAL OF ANY SELF-DEALING TRANSACTION, EXCEPT THAT WHEN IT IS NOT REASONABLY PRACTICABLE TO OBTAIN APPROVAL OF THE BOARD PRIOR TO ENTERING INTO SUCH A TRANSACTION, A COMMITTEE AUTHORIZED BY THE BOARD MAY APPROVE THE TRANSACTION IN A MANNER CONSISTENT WITH THE STANDARDS SET FORTH IN SECTION 5233(D) OF THE LAW SUBJECT TO RATIFICATION BY A MAJORITY OF THE DIRECTORS THEN IN OFFICE (WITHOUT COUNTING THE VOTE OF ANY "INTERESTED DIRECTOR" AS DEFINED IN SECTION 5233 OF THE LAW) AT THE NEXT MEETING OF THE BOARD; OR (H) THE APPROVAL OF ANY OTHER ACTION FOR WHICH THE LAW OR THESE BYLAWS REQUIRES APPROVAL OF THE BOARD OR OF A MAJORITY OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 WAS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE OF IEA, CONSISTING OF THREE BOARD MEMBERS, BEFORE FILING. THE ORGANIZATION EMAILED EACH MEMBER OF THE GOVERNING BODY THE ORGANIZATION'S FINAL FORM 990 PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CAROLINE D. BRADLEY ASSOCIATION OF SCHOLARS (THE "ASSOCIATION") EXPECTS ALL PERSONS ASSOCIATED WITH IT TO CONDUCT BUSINESS ON BEHALF OF THE ASSOCIATION WITH INTEGRITY AND A HIGH ETHICAL STANDARD. IN PARTICULAR, THE ASSOCIATION'S DIRECTORS, OFFICERS AND EMPLOYEES SHOULD ATTEMPT TO AVOID ACTIVITIES OR CONDUCT WHICH INVOLVE A CONFLICT OF INTEREST, RECOGNIZING THAT EVEN THE APPEARANCE OF A CONFLICT OF INTEREST COULD HARM THE ASSOCIATION. ANY ACTIVITY SHOULD BE ABLE TO BE JUSTIFIED AND WITHSTAND PUBLIC SCRUTINY, AND CARE SHOULD BE TAKEN TO AVOID ADVERSELY AFFECTING THE INTEGRITY OR THE REPUTATION OF THE ASSOCIATION. IN CONSIDERING WHETHER A CONFLICT OF INTEREST EXISTS, DIRECTORS, OFFICERS AND EMPLOYEES SHOULD REMEMBER THAT RELATIONSHIPS OF THEIR BUSINESS, BUSINESS ASSOCIATES, FAMILY AND FRIENDS MAY GIVE RISE TO A POTENTIAL CONFLICT OF INTEREST EVEN IF SUCH DIRECTOR, OFFICER OR EMPLOYEE IS NOT INVOLVED DIRECTLY. A POTENTIAL CONFLICT CAN EXIST WHERE THE PARTIES IN THE RELATIONSHIP GIVE OR RECEIVE, OR COULD REASONABLY BE PERCEIVED TO GIVE OR RECEIVE, UNFAIR ADVANTAGE OR PREFERENTIAL TREATMENT BECAUSE OF THE RELATIONSHIP. USING THE FOREGOING PRINCIPLES AND GUIDELINES OF THIS POLICY ON BUSINESS ETHICS AND CONFLICT OF INTEREST (THE "POLICY"), ALL DIRECTORS, OFFICERS AND EMPLOYEES OF THE ASSOCIATION SHALL ACT IN GOOD FAITH AND USE THEIR BEST JUDGMENT TO BRING TO THE ATTENTION OF THE PRESIDENT OR SECRETARY OF THE ASSOCIATION ANY CONFLICT OF INTEREST, REAL OR PERCEIVED, WHETHER FINANCIAL OR OTHERWISE, BETWEEN ANY OF THEM AND THE ASSOCIATION. THE PRESIDENT OR SECRETARY, ACTING JOINTLY OR ALONE, SHALL DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS AND MAKE A DETERMINATION ON THE PROPOSED ACTION, TRANSACTION OR OTHER ACTIVITY (THE "ACTIVITY"). IF, IN THE JUDGMENT OF THE PRESIDENT, THERE IS A POTENTIAL CONFLICT AND THE ACTIVITY IS SUFFICIENTLY MATERIAL, THE MATTER SHALL BE PRESENTED TO THE BOARD OF DIRECTORS. AT THE DISCRETION OF THE BOARD OF DIRECTORS, THE INTERESTED PARTY MAY ATTEND THE MEETING OF THE BOARD OF DIRECTORS AND ANSWER QUESTIONS AND PROVIDE INFORMATION ABOUT THE POTENTIAL CONFLICT OF INTEREST AND THE ACTIVITY; PROVIDED, HOWEVER, THE INTERESTED PARTY SHALL OTHERWISE RECUSE HIMSELF OR HERSELF FROM THE MEETING AND SHALL NOT BE PRESENT DURING DEBATE AND VOTING ON THE MATTER. IN CONNECTION WITH CONFLICTS RELATED TO FINANCIAL TRANSACTIONS, ALL ACTIONS OF THE BOARD OF DIRECTORS SHALL BE UNDERTAKEN IN COMPLIANCE WITH APPLICABLE FEDERAL LAW RELEVANT TO "INTERMEDIATE SANCTIONS AND APPLICABLE CALIFORNIA LAW RELEVANT TO SELF-DEALING TRANSACTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES THE GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION RECEIVED THEIR FEDERAL AND STATE TAX EXEMPT DETERMINATION LETTER IN MAY 26, 2016 AND AUGST 12, 2016 AND WILL START OPERATIONS AS OF JANUARY 1, 2017.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FROM 990 PART III, LINE 1
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAROLINE D BRADLEY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION OF SCHOLARS
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ReturnHeader/FilingSecurityInformation/IPTm011:32:58
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0301 N LAKE AVE SUITE 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PASADENA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091101
ReturnHeader/PreparerPersonGrp/PhoneNum06267933600
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALAN HARRISON
ReturnHeader/ReturnTs02017-09-06T20:11:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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