Civic Intelligence

L3 Organization

990 • Fiscal year 2018 • EIN 61-1551363

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 05, 2019

20079 Stone Oak Pkwy Ste 1105San Antonio, TX 78258

(512) 900-4430

Siviq Scores

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

Liabilities / Assets

100th percentile

11.63x

Higher debt load relative to assets than 100% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

2.79x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Net Margin

58th percentile

9.8%

Higher net margin than 58% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

94th percentile

$135,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Asset Growth

30th percentile

-3.4%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-45%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$173,056

Down $6,106 (-3.4%) from 2017

Net Assets

Up

-$1,840,260

Up $1,190,357 (+39%) from 2017

Liabilities

Down

$2,013,316

Down $1,196,463 (-37%) from 2017

Revenue

Down

$720,328

Down $594,483 (-45%) from 2017

Expenses

Down

$649,806

Down $574,071 (-47%) from 2017

Net Income

Down

$70,522

Down $20,412 (-22%) from 2017

Historical Trend

Balance Sheet Trend

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

$5.0M$0-$5.0MAssets 2011: $312,854Liabilities 2011: $2,780,829Net Assets 2011: -$2,467,9752011Assets 2012: $540,013Liabilities 2012: $3,345,498Net Assets 2012: -$2,805,4852012Assets 2013: $464,429Liabilities 2013: $3,674,097Net Assets 2013: -$3,209,6682013Assets 2014: $459,616Liabilities 2014: $4,025,739Net Assets 2014: -$3,566,1232014Assets 2015: $247,695Liabilities 2015: $4,095,685Net Assets 2015: -$3,847,9902015Assets 2016: $301,520Liabilities 2016: $4,429,911Net Assets 2016: -$4,128,3912016Assets 2017: $179,162Liabilities 2017: $3,209,779Net Assets 2017: -$3,030,6172017Assets 2018: $173,056Liabilities 2018: $2,013,316Net Assets 2018: -$1,840,2602018Assets 2019: $194,320Liabilities 2019: $1,918,125Net Assets 2019: -$1,723,8052019Assets 2020: $239,103Liabilities 2020: $1,908,888Net Assets 2020: -$1,669,7852020Assets 2021: $188,133Liabilities 2021: $22,727Net Assets 2021: $165,4062021Assets 2022: $265,966Liabilities 2022: $437Net Assets 2022: $265,5292022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2018

Assets$173,056
Liabilities$2,013,316
Net Assets-$1,840,260

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $681,915Expenses 2011: $988,182Net Income 2011: -$306,2672011Revenue 2012: $517,175Expenses 2012: $858,963Net Income 2012: -$341,7882012Revenue 2013: $549,282Expenses 2013: $973,064Net Income 2013: -$423,7822013Revenue 2014: $525,094Expenses 2014: $881,563Net Income 2014: -$356,4692014Revenue 2015: $586,685Expenses 2015: $868,552Net Income 2015: -$281,8672015Revenue 2016: $586,742Expenses 2016: $867,143Net Income 2016: -$280,4012016Revenue 2017: $1,314,811Expenses 2017: $1,223,877Net Income 2017: $90,9342017Revenue 2018: $720,328Expenses 2018: $649,806Net Income 2018: $70,5222018Revenue 2019: $730,443Expenses 2019: $714,318Net Income 2019: $16,1252019Revenue 2020: $509,886Expenses 2020: $455,286Net Income 2020: $54,6002020Revenue 2021: $679,799Expenses 2021: $717,802Net Income 2021: -$38,0032021Revenue 2022: $1,175,892Expenses 2022: $1,075,769Net Income 2022: $100,1232022Revenue 2023: $725,573Expenses 2023: $785,715Net Income 2023: -$60,1422023

Highlighted filing

2018

Revenue$720,328
Expenses$649,806
Net Income$70,522
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$720,328
Mission and Program Overview

Mission

L3 enables its members to enjoy a life of greater significance and

A vibrant global network of proven leaders actualizing their passions,living enriched lives, and making their world a better place.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$85,485$136,780▲ $51,295
Accounts Receivable$66,880$29,893▼ $36,987
Prepaid Expenses and Deferred Charges$22,050$1,636▼ $20,414
Total Assets$179,162$173,056▼ $6,106
Other Assets Total$4,747$4,747→ $0
Liabilities
Unsecured Notes Loans Payable$3,055,631$1,872,454▼ $1,183,177
Deferred Revenue$128,360$111,678▼ $16,682
Accounts Payable and Accrued Expenses$25,788$29,184▲ $3,396
Total Liabilities$3,209,779$2,013,316▼ $1,196,463
Net Assets / Fund Balance
Unrestricted Net Assets$-3,030,617$-1,840,260▲ $1,190,357
Total Net Assets Fund Balance$-3,030,617$-1,840,260▲ $1,190,357
Total Liabilities and Net Assets / Fund Balance$179,162$173,056▼ $6,106
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tamara HalePresident/Exec DirectorFT$135,000$135,000
Michael BurkeFinance & Ops ManagerPT$26,500$26,500

Board Members and Trustees

NameTitle
Hardy WatfordChair Elect
Nan GuslanderChairman of the Board
Stephen KaufmanTreasurer & Finance Chair
Vickie SebastianiAdvisory Board
Al NagyDirector
Ann KaufmanDirector
Jamie BrowningDirector
Jenny LambertDirector
Karen Kothmann WatfordDirector
Kathy NagyDirector
Lynn MeredithDirector
Mike LambertDirector
Missy KnebelDirector
Paul RobshawDirector
Robert CaslowDirector
Tricia BernsDirector
Victor BensonDirector
Russell G Smith IISecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$719,348
Investment Income
$980
Other Revenue
$0
Change in Net Assets
$70,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$412,489
Salaries, Compensation, and Employee Benefits$237,317
Total Fundraising Expense$134,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$271,309$90,843$0$362,152
Current Officers, Directors, Trustees, and Key Employees$7,999$87,984$103,981$199,964
Other Salaries and Wages$5,720$4,840$11,440$22,000
Payroll Taxes$3,992$3,378$7,983$15,353
Travel$8,152$0$0$8,152
Office Expenses$1,441$1,407$2,849$5,697
Occupancy$998$975$1,973$3,946
Advertising$0$901$2,103$3,004
Fees for Services Accounting$0$2,993$0$2,993
Insurance$1,901$0$0$1,901
Other Expenses$374$0$0$374
Total Functional Expenses$321,642$193,321$134,843$649,806
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
L3 Organization
EIN
61-1551363
Phone
5129004430
Address
20079 Stone Oak Pkwy Ste 1105, San Antonio, TX 78258

Signing Officer

Name
Stephen Kaufman
Title
Finance Chair
Phone
5129004430
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russell G Smith II
Formed
2011
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
17
Employees
4
Volunteers
15

Preparer

Firm
Ray CPA Pc
Address
3000 JOE DIMAGGIO BLVD STE 91, ROUND ROCK, TX 78665
Preparer
Joshua Ray
Phone
5127862052
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

The governing documents, conflict of interest policy, financial statements, and Forms 1024 and 990 are available upon written request

Pt VI, Line 15A

Governance leadership used comparability data from similarly sized/functioned non-profits when deteriming the executive director compensation

Pt VI, Line 2

John and Susan Hunt - Family Relationship; Steve and Missy Knebel - Family Relationship; Ann and Stephen Kaufman - Family Relationship

Pt VI, Line 6

The organization has members. Prospective members must first be sponsored by a current member or submit their information to the membership committee for review.

Pt VI, Line 7A

Members have the power to nominate and elect the governing body.

Pt VI, Line 7B

The affirmative action of both two-thirds of the board and the majority of the members voting provided that at least 15% of the membership took part in the vote are required to change the composition, size and length of appointment for board members.

Pt VI, Line 11B

The Form 990 is reviewed by the secretary/treasurer with the preparing CPA. After review, the return is distributed to the board prior to filing.

Pt VI, Line 12C

A conflict of interest disclosure form is required to be submitted by any individual participating in L3 activity. All persons remain under a continuing obligation to report conflicts of interest as they arise.

Pt XI

Line 9 - Conversion from accrual basis of accounting to cash basis of accounting.

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IRS990/Form990PartVIISectionAGrp/PersonNm6Vickie Sebastiani
IRS990/Form990PartVIISectionAGrp/PersonNm7Russell G Smith II
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IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt01901
IRS990/InsuranceGrp/TotalAmt01901
IRS990/InvestmentIncomeGrp/ExclusionAmt0980
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0980
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0A vibrant global network of proven leaders actualizing their passions,living enriched lives, and making their world a better place.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-3030617
IRS990/NetAssetsOrFundBalancesEOYAmt0-1840260
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01973
IRS990/OccupancyGrp/ManagementAndGeneralAmt0975
IRS990/OccupancyGrp/ProgramServicesAmt0998
IRS990/OccupancyGrp/TotalAmt03946
IRS990/OfficeExpensesGrp/FundraisingAmt02849
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01407
IRS990/OfficeExpensesGrp/ProgramServicesAmt01441
IRS990/OfficeExpensesGrp/TotalAmt05697
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04747
IRS990/OtherAssetsTotalGrp/EOYAmt04747
IRS990/OtherChangesInNetAssetsAmt01119835
IRS990/OtherExpensesGrp/Desc0Financial charges/fees
IRS990/OtherExpensesGrp/Desc1Products
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt04514
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt04515
IRS990/OtherExpensesGrp/ProgramServicesAmt115241
IRS990/OtherExpensesGrp/ProgramServicesAmt2374
IRS990/OtherExpensesGrp/TotalAmt09029
IRS990/OtherExpensesGrp/TotalAmt115241
IRS990/OtherExpensesGrp/TotalAmt2374
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011440
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04840
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05720
IRS990/OtherSalariesAndWagesGrp/TotalAmt022000
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt07983
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03378
IRS990/PayrollTaxesGrp/ProgramServicesAmt03992
IRS990/PayrollTaxesGrp/TotalAmt015353
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022050
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01636
IRS990/PrincipalOfficerNm0Russell G Smith II
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Registration Fees
IRS990/ProgramServiceRevenueGrp/Desc1Membership Dues
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0564871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1154477
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActy2Grp/Desc0Purposeful travel to Germany. This powerful and educational trip provides opportunities to talk with scholars prior to and during our week long expedition. It was also available with an optional two-days in Prague.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0113055
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0151624
IRS990/ProgSrvcAccomActy3Grp/Desc0Purposeful travel to Savannah. L3 established a partnership with the nonprofit, documentary film festival, Mountainfilm Telluride. A small group of L3 members review documentaries presented at the Mountainfilm Festival and then select about 8 hours of films to be shown at L3's exclusive film festival. Held in a different city every year, allowing for some fun and discovery, L3 hosts filmmakers and documentary subjects as they join them for important conversations.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt094073
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0115478
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0409
IRS990/PYOtherExpensesAmt0985822
IRS990/PYOtherRevenueAmt0620000
IRS990/PYProgramServiceRevenueAmt0694402
IRS990/PYRevenuesLessExpensesAmt090934
IRS990/PYSalariesCompEmpBnftPaidAmt0238055
IRS990/PYTotalExpensesAmt01223877
IRS990/PYTotalRevenueAmt01314811
IRS990/ReconcilationRevenueExpnssAmt070522
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0103048
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing documents, conflict of interest policy, financial statements, and Forms 1024 and 990 are available upon written request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governance leadership used comparability data from similarly sized/functioned non-profits when deteriming the executive director compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2John and Susan Hunt - Family Relationship; Steve and Missy Knebel - Family Relationship; Ann and Stephen Kaufman - Family Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization has members. Prospective members must first be sponsored by a current member or submit their information to the membership committee for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Members have the power to nominate and elect the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The affirmative action of both two-thirds of the board and the majority of the members voting provided that at least 15% of the membership took part in the vote are required to change the composition, size and length of appointment for board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Form 990 is reviewed by the secretary/treasurer with the preparing CPA. After review, the return is distributed to the board prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A conflict of interest disclosure form is required to be submitted by any individual participating in L3 activity. All persons remain under a continuing obligation to report conflicts of interest as they arise.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Line 9 - Conversion from accrual basis of accounting to cash basis of accounting.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0179162
IRS990/TotalAssetsEOYAmt0173056
IRS990/TotalAssetsGrp/BOYAmt0179162
IRS990/TotalAssetsGrp/EOYAmt0173056
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0134843
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0193321
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0321642
IRS990/TotalFunctionalExpensesGrp/TotalAmt0649806
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03209779
IRS990/TotalLiabilitiesEOYAmt02013316
IRS990/TotalLiabilitiesGrp/BOYAmt03209779
IRS990/TotalLiabilitiesGrp/EOYAmt02013316
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-3030617
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1840260
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0321642
IRS990/TotalProgramServiceRevenueAmt0719348

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