Civic Intelligence

Plus Coalition Inc

990 • Fiscal year 2014 • EIN 65-1235832

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 14, 2015

2797 East Foothill BlvdPasadena, CA 91107

(626) 405-8100

Siviq Scores

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

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

Higher debt load relative to revenue than 13% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

98th percentile

54%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

88th percentile

$279,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 24.8% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

100th percentile

5141%

Faster asset growth than 100% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

99th percentile

684%

Faster revenue growth than 99% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$523,245

Up $513,261 (+5141%) from 2013

Net Assets

Up

$519,002

Up $609,020 (+677%) from 2013

Liabilities

Down

$4,243

Down $95,759 (-96%) from 2013

Revenue

Up

$1,125,345

Up $981,742 (+684%) from 2013

Expenses

Up

$516,325

Up $366,953 (+246%) from 2013

Net Income

Up

$609,020

Up $614,789 (+10657%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $18,383Liabilities 2011: $100,0092011Assets 2012: $16,765Liabilities 2012: $101,014Net Assets 2012: -$84,2492012Assets 2013: $9,984Liabilities 2013: $100,002Net Assets 2013: -$90,0182013Assets 2014: $523,245Liabilities 2014: $4,243Net Assets 2014: $519,0022014Assets 2015: $185,272Liabilities 2015: $1,181Net Assets 2015: $184,0912015Assets 2016: $12,497Liabilities 2016: $783Net Assets 2016: $11,7142016Assets 2017: $15,602Liabilities 2017: $2Net Assets 2017: $15,6002017Assets 2018: $15,094Net Assets 2018: $15,0942018Assets 2019: $42,663Net Assets 2019: $42,6632019Assets 2020: $40,111Net Assets 2020: $40,1112020Assets 2021: $50,756Net Assets 2021: $50,7562021Assets 2022: $49,165Net Assets 2022: $49,1652022

Highlighted filing

2014

Assets$523,245
Liabilities$4,243
Net Assets$519,002

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $125,122Expenses 2011: $127,735Net Income 2011: -$2,6132011Revenue 2012: $60,692Expenses 2012: $63,315Net Income 2012: -$2,6232012Revenue 2013: $143,603Expenses 2013: $149,372Net Income 2013: -$5,7692013Revenue 2014: $1,125,345Expenses 2014: $516,325Net Income 2014: $609,0202014Revenue 2015: $74,912Expenses 2015: $409,823Net Income 2015: -$334,9112015Revenue 2016: $9,468Expenses 2016: $181,845Net Income 2016: -$172,3772016Revenue 2017: $8,609Expenses 2017: $4,723Net Income 2017: $3,8862017Revenue 2018: $1,085Expenses 2018: $1,591Net Income 2018: -$5062018Revenue 2019: $30,403Expenses 2019: $2,834Net Income 2019: $27,5692019Revenue 2020: $591Expenses 2020: $3,143Net Income 2020: -$2,5522020Revenue 2021: $12,955Expenses 2021: $2,310Net Income 2021: $10,6452021Revenue 2022: $212Expenses 2022: $1,803Net Income 2022: -$1,5912022

Highlighted filing

2014

Revenue$1,125,345
Expenses$516,325
Net Income$609,020
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 14, 2015
Return Version
2014v5.0
Gross Receipts
$1,125,345
Mission and Program Overview

Mission

PLUS COALITION, INC. IS A NON PROFIT TRADE ASSOCIATION AND ITS MISSION IS TO SIMPLIFY AND FACILITATE THE COMMUNICATION AND MANAGEMENT OF IMAGE RIGHTS.PLUS Coalition staff and contractors are focused on the continuous and ongoing process of development and operation of the organizations program services, substantially all of the organizations expenditures are dedicated to the development and delivery of program services.

Plus coalition, inc. Is a non profit trade association and its mission is to simplify and facilitate the communication and management of image rights.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,984$523,245▲ $513,261
Rtn Earn Endowment Incm Other Fnds$-90,018$519,002▲ $609,020
Loans From Officers Directors$100,000--
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$9,984$523,245▲ $513,261
Other Assets Total-$0-
Liabilities
Other Liabilities$2$4,243▲ $4,241
Total Liabilities$100,002$4,243▼ $95,759
Net Assets / Fund Balance
Total Net Assets Fund Balance$-90,018$519,002▲ $609,020
Total Liabilities and Net Assets / Fund Balance$9,984$523,245▲ $513,261
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeffrey SedlikPresident & CEOFT$72,000$207,000$279,000

Board Members and Trustees

NameTitle
Roger FeldmanChairman
Eugene MopsikVice Chairman
Carol MandelDirector
Cathy AronDirector
Clement MokDirector
Daniel DennehyDirector
Greg ReserDirector
Jim AlexanderDirector
Judy FeldmanDirector
Bonnie BeacherSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,124,715
Program Service Revenue
$608
Investment Income
$0
Other Revenue
$22
All Other Contributions
$1,107,864
Change in Net Assets
$609,020

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$80,000
Total Noncash Contributions1$80,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$328,234
Other Expenses$188,091
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$251,100$27,900-$279,000
Fees for Services Other$45,825--$45,825
Interest-$40,000-$40,000
Comp Disqual Persons$27,788$6,947-$34,735
Travel$30,187--$30,187
Occupancy$12,670$4,670-$17,340
Payroll Taxes$12,324$2,175-$14,499
Fees for Services Accounting-$7,135-$7,135
Insurance$2,189$3,073-$5,262
Fees for Services Legal$4,424$500-$4,924
All Other Expenses$2,500$1,226-$3,726
Office Expenses$1,230$1,694-$2,924
Other Expenses$1,567$33-$1,600
Total Functional Expenses$415,718$100,607$0$516,325
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
Loans from Officers, Directors, Trustees, and Key Employees$100,000--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Aaadvantage Mastercard 3872$4,244
Sales Tax Payable$-1
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
No
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

The governing body reviews the Financial Statements on a Quarterly Basis .The governing body reviews the Financial Statements to the tax return before they are filed.

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

The bylaws,intellectual property policy and anti-trust policy are available on plus coalition web site

Filing and Contact Details

Filer

Filer Name
Plus Coalition Inc
EIN
65-1235832
Phone
6264058100
Address
2797 EAST FOOTHILL BLVD, PASADENA, CA 91107

Signing Officer

Name
Jeffrey Sedlik
Title
CEO
Signed
2015-08-14
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
0
Employees
3

Preparer

Firm
Lawrence S Rachmel CPA
Address
6345 BALBOA BLVD STE 382, ENCINO, CA 91316
Preparer
Lawrence S Rachmel
Phone
8183420808
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IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3TRADE SHOWS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12983
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22236
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt333
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IRS990/OtherExpensesGrp/ProgramServicesAmt1487
IRS990/OtherExpensesGrp/ProgramServicesAmt21217
IRS990/OtherExpensesGrp/ProgramServicesAmt31567
IRS990/OtherExpensesGrp/TotalAmt022245
IRS990/OtherExpensesGrp/TotalAmt13470
IRS990/OtherExpensesGrp/TotalAmt23453
IRS990/OtherExpensesGrp/TotalAmt31600
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02175
IRS990/PayrollTaxesGrp/ProgramServicesAmt012324
IRS990/PayrollTaxesGrp/TotalAmt014499
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IRS990/ProgramServiceRevenueGrp/Desc0PUBLICATIONS,PROMOTIONAL
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0519002
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04244
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-1
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AAADVANTAGE MASTERCARD 3872
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalLiabilityAmt04243
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IRS990ScheduleJ/CompensationCommitteeInd0X
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0207000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEFFREY SEDLIK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0279000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LOAN TO ENTITY
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JEFF BURKE
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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0ON JANUARY 01, 2008, JEFFREY BURKE (HOLDER) AND PLUS COALITION INC (PAYOR) EXECUTED A PROMISSORY NOTE WITH A VALUE OF $100,000 PRINCIPLE PLUS INTEREST.ON SEPTEMBER 16,2014, HOLDER AND PAYOR AGREED THAT:(1) PAYOR WILL DELIVER TO HOLDER A SINGLE PAYMENT OF $60,000 WITHIN 3 BUSINESS DAYS(2) UPON COMPLETION OF PAYMENT HOLDER WILL FORGIVE AND RELINQUISH ANY CLAIM TO ALL REMAINING PRINCIPLE AND ALL ACCRUED INTEREST.(3) FORGIVEN PRINCIPLE AND INTEREST SHALL BE TOGETHER VALUED AT $80,000 WHICH PAYOR WILL ACCEPT AS A NON-CASH DONATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The governing body reviews the Financial Statements on a Quarterly Basis .The governing body reviews the Financial Statements to the tax return before they are filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BYLAWS,INTELLECTUAL PROPERTY POLICY AND ANTI-TRUST POLICY ARE AVAILABLE ON PLUS COALITION WEB SITE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0516325
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100002
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IRS990/TotalLiabilitiesGrp/BOYAmt0100002
IRS990/TotalLiabilitiesGrp/EOYAmt04243
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-90018
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IRS990/TotalOtherCompensationAmt0207000
IRS990/TotalProgramServiceExpensesAmt0415718
IRS990/TotalProgramServiceRevenueAmt0608
IRS990/TotalReportableCompFromOrgAmt072000
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IRS990/TransactionWithControlEntInd0false
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IRS990/UnrelatedBusIncmOverLimitInd0false
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