Civic Intelligence

Foundation for Sustainable Development

990 • Fiscal year 2016 • EIN 56-1938284

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

1084 Trestile Glen RdOakland, CA 94610

(415) 283-4873

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.15x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.20x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$79,239

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

67th percentile

6.9%

Faster asset growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

9th percentile

-35%

Faster revenue growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$192,463

Up $12,486 (+6.9%) from 2015

Net Assets

Down

-$28,287

Down $151,237 (-123%) from 2015

Liabilities

Up

$220,750

Up $163,723 (+287%) from 2015

Revenue

Down

$1,099,465

Down $585,640 (-35%) from 2015

Expenses

Down

$1,250,702

Down $399,316 (-24%) from 2015

Net Income

Down

-$151,237

Down $186,324 (-531%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2012: $225,362Liabilities 2012: $67,646Net Assets 2012: $157,7162012Assets 2013: $182,555Liabilities 2013: $50,131Net Assets 2013: $132,4242013Assets 2014: $132,509Liabilities 2014: $44,646Net Assets 2014: $87,8632014Assets 2015: $179,977Liabilities 2015: $57,027Net Assets 2015: $122,9502015Assets 2016: $192,463Liabilities 2016: $220,750Net Assets 2016: -$28,2872016Assets 2017: $44,746Liabilities 2017: $103,796Net Assets 2017: -$59,0502017

Highlighted filing

2016

Assets$192,463
Liabilities$220,750
Net Assets-$28,287

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,409,6832012Revenue 2013: $1,529,791Expenses 2013: $1,555,083Net Income 2013: -$25,2922013Revenue 2014: $1,607,376Expenses 2014: $1,651,937Net Income 2014: -$44,5612014Revenue 2015: $1,685,105Expenses 2015: $1,650,018Net Income 2015: $35,0872015Revenue 2016: $1,099,465Expenses 2016: $1,250,702Net Income 2016: -$151,2372016Revenue 2017: $926,204Expenses 2017: $925,729Net Income 2017: $4752017

Highlighted filing

2016

Revenue$1,099,465
Expenses$1,250,702
Net Income-$151,237
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$1,104,593
Mission and Program Overview

Mission

ported by the members of these communities. Our programs aim to raise international awareness of the economic challenges in developing countries and support cross- cultural communities in finding more effective solutions to development issues.

FSD is a nonprofit organization based in Oakland, California, whose mission is to achieve community-driven goals through asset-based development and international exchange in Africa, Asia, and Latin America. (See Schedule O for full statement)

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$69,446$145,884▲ $76,438
Accounts Receivable$63,621$19,922▼ $43,699
Prepaid Expenses and Deferred Charges$29,996$11,263▼ $18,733
Savings and Temporary Cash Investments-$10,238-
Land, Buildings, and Equipment, Net$9,514$5,156▼ $4,358
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$179,977$192,463▲ $12,486
Other Assets Total$7,400$0▼ $7,400
Liabilities
Deferred Revenue-$120,644-
Accounts Payable and Accrued Expenses$50,022$100,106▲ $50,084
Other Liabilities$7,005--
Total Liabilities$57,027$220,750▲ $163,723
Net Assets / Fund Balance
Temporarily Rstr Net Assets$68,420$40,257▼ $28,163
Unrestricted Net Assets$54,530$-68,544▼ $123,074
Total Net Assets Fund Balance$122,950$-28,287▼ $151,237
Total Liabilities and Net Assets / Fund Balance$179,977$192,463▲ $12,486

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,156$23,157$28,313
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa KuhnExecutive DirectorFT$79,239-$79,239
Mary SteponkusCFOFT$62,558$5,248$67,806
Revenue and Support

Revenue Composition

Contributions and Grants
$441,396
Program Service Revenue
$662,323
Investment Income
$0
Other Revenue
$-4,254
All Other Contributions
$429,044
Change in Net Assets
$-151,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$806,532
Salaries, Compensation, and Employee Benefits$354,079
Grants and Similar Amounts Paid$90,091
Total Fundraising Expense$16,649
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$155,950--$155,950
Current Officers, Directors, Trustees, and Key Employees$63,434$75,731$7,924$147,089
Foreign Grants$75,088--$75,088
Fees for Services Legal$43,900--$43,900
Occupancy$31,385$10,083$1,134$42,602
Travel$33,745$3,085$513$37,343
Advertising$22,487-$5,227$27,714
Payroll Taxes$19,160$6,155$692$26,007
Other Employee Benefits$19,054-$516$19,570
Grants to Domestic Individuals$15,003--$15,003
Insurance$6,088$7,748-$13,836
Office Expenses$11,671$1,629$271$13,571
Fees for Services Accounting-$10,261-$10,261
Fees for Services Other$5,098$711$118$5,927
Pension Plan Contributions$5,373-$90$5,463
Conferences and Meetings$3,826--$3,826
Depreciation Depletion$2,906$406$68$3,380
Other Expenses$11,279$3,665$-5,128$-5,128
Total Functional Expenses$1,086,909$147,144$16,649$1,250,702
International Activity

International Summary

Offices
8
Employees
22
Spending
$504,503

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-Saharan AfricaProgramsInt'l volunteer internships39$186,293
South AmericaProgramsInt'l volunteer internships26$144,434
Central AmericaProgram ServicesSee Part V26$100,518
South AsiaProgramsInt'l volunteer internships11$73,258
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,128
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
No
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
No
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

Electronic copies of audit documents and 990s are provided to the members of the Board of Directors. The Finance Committee reviews the documents and gives their recommendation for approval to the Board. Then the Board votes on approval at the next Board Meeting. Approval can be given by email, phone, or in person by Board Members.

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 at least annually. The Executive Director and all board members are required to disclose (in writing) 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 organizations 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 organizations policies and procedures. In regards to establishing the compensation of the Executive Director when hired in 2014, the search committee did a comparative sampling of other ED salaries in the San Francisco Bay Area for similarly sized nonprofits. The search committee was comprised of FSD Board members. When negotiating with the current ED, we used the results of the comparative sampling as well as our current and future budgets for the organization.

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

Compensation of other personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

All of the Organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and help available for inspection by tax authorities and the general public tax returns are posted annually to www.guidestar.org ( where they are available viewing as electronic copies) and are also available for a physical inspection at the organizations office in San Francisco, California).

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

All of the organizations governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to www.guidestar.org ( where they are available for viewing as electronic copies) and are also available for a physical inspection at the organizations office in San Francisco, California.

Filing and Contact Details

Filer

Filer Name
Foundation for Sustainable Development
EIN
56-1938284
Phone
4152834873
Address
1084 Trestile Glen Rd, Oakland, CA 94610

Signing Officer

Name
Lisa Kuhn
Title
Executive Director
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Kuhn
Formed
2003
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
8
Volunteers
15

Preparer

Firm
Cook & Company A Prof Actncy Corp
Address
870 Market Street Suite 880, San Francisco, CA 94102
Preparer
Douglas E Cook CPAMPA
Phone
4156211112
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IRS990/Form990PartVIISectionAGrp/PersonNm2Jason Lamacchia Treasurer
IRS990/Form990PartVIISectionAGrp/PersonNm3Diana Rutowski Secretary
IRS990/Form990PartVIISectionAGrp/PersonNm4Brian Hanson
IRS990/Form990PartVIISectionAGrp/PersonNm5Paul Artnson
IRS990/Form990PartVIISectionAGrp/PersonNm6Dr Marc Shapiro
IRS990/Form990PartVIISectionAGrp/PersonNm7Hanish Rathod
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IRS990/MissionDesc0The Foundation for Sustainable Development (FSD or the Foundation) is a nonprofit organization based in Oakland, California, whose mission is to achieve community-driven goals through asset-based development and international exchange in Africa, Asia, and Latin America. FSDs approach focuses on mobilizing resourceshuman, economic, and naturalfor sustainable, life-changing initiatives. The Foundation uses an asset-based community development approach that encourages self-reliance and inspires appreciation of existing resources in the community and the confidence to build upon them. FSD aims to constantly challenge itself and others to do more with what we have. The Foundation believes that with an attitude of resourcefulness, positive change is possible even in low-resource settings.
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