Civic Intelligence

Lassen Park Foundation

990 • Fiscal year 2018 • EIN 68-0065902

Oct 01, 2017 to Sep 30, 2018 • Filed on Jul 14, 2019

PO Box 33Anderson, CA 96007

(530) 378-2600

Siviq Scores

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

Liabilities / Assets

74th percentile

0.06x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.03x

Higher debt load relative to revenue than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

20th percentile

-14%

Higher net margin than 20% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

97th percentile

$82,500

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 40.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

13th percentile

-36%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

26th percentile

-17%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Down

$106,924

Down $60,686 (-36%) from 2017

Net Assets

Down

$100,910

Down $49,649 (-33%) from 2017

Liabilities

Down

$6,014

Down $11,037 (-65%) from 2017

Revenue

Down

$204,669

Down $42,553 (-17%) from 2017

Expenses

Up

$233,911

Up $5,923 (+2.6%) from 2017

Net Income

Down

-$29,242

Down $48,476 (-252%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $138,280Liabilities 2010: $2,520Net Assets 2010: $135,7602010Assets 2011: $144,188Liabilities 2011: $02011Assets 2012: $121,724Liabilities 2012: $14,375Net Assets 2012: $107,3492012Assets 2013: $146,782Liabilities 2013: $1,156Net Assets 2013: $145,6262013Assets 2014: $244,327Liabilities 2014: $7,368Net Assets 2014: $236,9592014Assets 2015: $279,671Liabilities 2015: $8,242Net Assets 2015: $271,4292015Assets 2016: $215,451Liabilities 2016: $85,762Net Assets 2016: $129,6892016Assets 2017: $167,610Liabilities 2017: $17,051Net Assets 2017: $150,5592017Assets 2018: $106,924Liabilities 2018: $6,014Net Assets 2018: $100,9102018Assets 2019: $96,021Liabilities 2019: $8,756Net Assets 2019: $87,2652019Assets 2020: $233,433Liabilities 2020: $83,583Net Assets 2020: $149,8502020Assets 2021: $319,951Liabilities 2021: $189,809Net Assets 2021: $130,1422021Assets 2022: $365,886Liabilities 2022: $115,656Net Assets 2022: $250,2302022Assets 2023: $302,581Liabilities 2023: $110,000Net Assets 2023: $192,5812023Assets 2024: $335,808Liabilities 2024: $131,649Net Assets 2024: $204,1592024

Highlighted filing

2018

Assets$106,924
Liabilities$6,014
Net Assets$100,910

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $68,577Expenses 2010: $73,312Net Income 2010: -$4,7352010Revenue 2011: $73,368Expenses 2011: $66,150Net Income 2011: $7,2182011Revenue 2012: $118,550Expenses 2012: $156,497Net Income 2012: -$37,9472012Expenses 2013: $162,4432013Revenue 2014: $213,942Expenses 2014: $129,208Net Income 2014: $84,7342014Revenue 2015: $255,414Expenses 2015: $218,878Net Income 2015: $36,5362015Revenue 2016: $449,254Expenses 2016: $592,639Net Income 2016: -$143,3852016Revenue 2017: $247,222Expenses 2017: $227,988Net Income 2017: $19,2342017Revenue 2018: $204,669Expenses 2018: $233,911Net Income 2018: -$29,2422018Revenue 2019: $239,270Expenses 2019: $252,915Net Income 2019: -$13,6452019Revenue 2020: $236,215Expenses 2020: $173,630Net Income 2020: $62,5852020Revenue 2021: $197,782Expenses 2021: $217,490Net Income 2021: -$19,7082021Revenue 2022: $428,286Expenses 2022: $308,198Net Income 2022: $120,0882022Revenue 2023: $87,283Expenses 2023: $144,932Net Income 2023: -$57,6492023Revenue 2024: $196,840Expenses 2024: $185,262Net Income 2024: $11,5782024

Highlighted filing

2018

Revenue$204,669
Expenses$233,911
Net Income-$29,242
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jul 14, 2019
Return Version
2017v2.3
Gross Receipts
$304,182
Mission and Program Overview

Mission

The lassen park foundation provides philanthropic support to lassen volcanic national park and invites all, especially youth, to experience and preserve the natural and cultural resources of this special place.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$113,313$42,364▼ $70,949
Savings and Temporary Cash Investments-$37,705-
Prepaid Expenses and Deferred Charges$18,925$19,644▲ $719
Accounts Receivable$14,965$7,211▼ $7,754
Total Assets$167,610$106,924▼ $60,686
Other Assets Total$20,407--
Liabilities
Accounts Payable and Accrued Expenses$17,051$6,014▼ $11,037
Total Liabilities$17,051$6,014▼ $11,037
Net Assets / Fund Balance
Unrestricted Net Assets$77,543$57,448▼ $20,095
Temporarily Rstr Net Assets$70,613$43,462▼ $27,151
Permanently Rstr Net Assets$2,403--
Total Net Assets Fund Balance$150,559$100,910▼ $49,649
Total Liabilities and Net Assets / Fund Balance$167,610$106,924▼ $60,686

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$20,407--$20,407-
2016$18,179-▲ $2,423-$20,407
2015$16,131$403▲ $1,645-$18,179
2014$152,504-▼ $874$135,325$16,131
2013$73,991$120,525▲ $1,353$15,556$152,504
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer R FinneganExecutive DiFT$82,500$82,500

Board Members and Trustees

NameTitle
John KoebererChairperson
Bob WarrenVice-chairpe
Elizabeth NortonVice-chairpe
Robert OnoVice-chairpe
Dave ShakesDirector
David ScottDirector
David WilsonDirector
Dr Harry DaniellDirector
Emilyn SheffieldDirector
Eva Jimenez-koebererDirector
George PerkinsDirector
Grant HollidayDirector
Jeffrey G WagnerDirector
John RothDirector
John SharrahDirector
Judd HannaDirector
Kacey KoebererDirector
Kenny WilseyDirector
Laura YoungDirector
Lizabeth ForsbergDirector
Michael CooganDirector
Michael HanDirector
Nancy PiretDirector
Pam PittsDirector
Pete DaileyDirector
Randall L TownsendDirector
Robert SimpsonDirector
Sally ChaneyDirector
Scott ChandlerDirector
Steven ZarwellDirector
Wayne MarieDirector
William FarmerDirector
William LathamDirector
Zachery BrunnerHonorary Director
John LivernoisCFO, Directo
Benjamin WebsterCorporate Se
Art WhitneyExecutive of
Deborah TrotterExecutive of
Patrick W CarrExecutive of
Steve JahrExecutive of
Steve WilliamsExecutive of
Revenue and Support

Revenue Composition

Contributions and Grants
$218,579
Program Service Revenue
$0
Investment Income
$171
Other Revenue
$-14,081
All Other Contributions
$167,245
Change in Net Assets
$-29,242

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory87$19,569Value Per Donor
Other Non Cash Contri Table19$13,440-
Clothing and Household Goods-$3,598Value Per Donor
Other Non Cash Contri Table5$2,390Value Per Donor
Works of Art11$857Value Per Donor
Collectibles6$461Value Per Donor
Books and Publications-$350Value Per Donor
Total Noncash Contributions128$40,665-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$111,221
Other Expenses$93,763
Total Fundraising Expense$48,511
Grants and Similar Amounts Paid$28,927
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$36,941$16,571$29,345$82,857
Grants to Domestic Orgs$28,927--$28,927
Other Salaries and Wages$21,273-$7,091$28,364
Office Expenses$3,735$9,364$6,579$19,678
Advertising$4,038$3,948$3,948$11,934
Fees for Services Accounting-$5,500-$5,500
Insurance-$3,886-$3,886
Conferences and Meetings-$3,799-$3,799
Occupancy-$3,417-$3,417
Information Technology$349$960$1,548$2,857
Other Expenses$1,842--$1,842
Total Functional Expenses$137,955$47,445$48,511$233,911
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$81,488
Fundraising Gross Income$59,442
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Peak Experience$102,989$51,693$62,887$-11,194
Discover Lassen$7,787$7,749$9,016$-1,267
Total Events$110,776$59,442$81,488$-22,046
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
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Page 6, Part VI, Line 2

Ben webster debbie trotter director director family relationship john koeberer pam pitts director director business relationship john koeberer kacey koeberer director director family relationship pam pitts kacey koeberer director director family relationship john koeberer eva jimenez-koeberer director director family relationship

Form 990, Page 6, Part VI, Line 4

Additional donation income for volcano adventure camp. In 2018 we began reserving tent cabins for multiple-days at the volcano adventure camp (vac) for youth groups not participating in the youth camping grant program. The same services are provided to groups that reserve the camp as to those that participate in the youth camping grant program; the only difference being the lack of grant monies to groups that reserve the space. Reservations were made with no fees or costs associated with the reservation. However, donation amounts were suggested and, in some cases, received. Any donations received in this manner are restricted to offset the cost of maintaining the vac facility. Endowment fund. In july 2018 lassen park foundation established an endowment fund and investment fund at the shasta regional community foundation (srcf) in redding. At that time we closed the previously established endowment fund at north valley community foundation (nvcf). All funds in the nvcf fund at the time were transferred to the srcf. The contracts with srcf for both funds clearly state that the funds now belong to srcf and will be recorded on their balance sheet. For this reason, the lpf financial statements no longer include endowment fund monies.

Form 990, Page 6, Part VI, Line 11B

A pdf copy of the return is provided to members of the board prior to its filing. The chairman of the board and the executive director review the form 990 prior to its filing.

Form 990, Page 6, Part VI, Line 12C

Board directors and employees who are covered individuals annually submit a disclosure statement listing their connection to any existing or proposed covered transaction with the foundation. On the disclosure statement, board directors and employees are also required to list any position that they hold in senior management, or on the board, of another non-profit organization. Board directors submit their statements to the chair of the board, who shall retain a copy for oversight. Employees deliver their statements to the executive director. All statements are required to be completed and delivered by september 30th of each year. When there is any material change in the information contained in any disclosure statement, the person who originally submitted it must submit written notification of the change as soon as practical, but no later than 30 days from the date of change, to the person required to receive such changes.

Form 990, Page 6, Part VI, Line 15A

The board of directors determines the executive director's compensation based upon comparable data from similar organizations. If a director has a conflict of interest, that member would not participate in the deliberation or vote. The decision is documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Lassen Park Foundation
EIN
68-0065902
Phone
5303782600
Address
PO BOX 33, ANDERSON, CA 96007

Signing Officer

Name
John Livernois
Title
CFO, Director
Phone
5303782600
Signed
2019-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Livernois
Formed
1985
Legal Domicile
CA
Voting Board Members
40
Independent Board Members
40
Employees
2
Volunteers
76

Preparer

Firm
Dh Scott & Company
Address
900 MARKET ST, REDDING, CA 96001-0530
Preparer
Christine M Rojas CPA
Phone
5302434300
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Trail preservation program

Form 990, Part XI, Line 9

Endowment fund closed to srcf -20,407

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment funds were used to support the organization's exempt purposes. In july 2018, the funds were transfered to shasta regional community foundation and are no longer owned or maintained by lassen park foundation.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.36$1.32$2.04$1.97$1.85$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.03$1.10$1.93$0.87$1.45$0.58
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$1.16$2.50$4.28$3.08$1.20
2021Detailed filing. Detailed filing data is available for this year.$3.20$1.90$1.30$1.98$2.17$0.20
2020Detailed filing. Detailed filing data is available for this year.$2.33$0.84$1.50$2.36$1.74$0.63
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.09$0.87$2.39$2.53$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.07$0.06$1.01$2.05$2.34$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.68$0.17$1.51$2.47$2.28$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.15$0.86$1.30$4.49$5.93$1.43
2015Summary only. Only limited summary data is available for this year.$2.80$0.08$2.71$2.55$2.19$0.37
2014Detailed filing. Detailed filing data is available for this year.$2.44$0.07$2.37$2.14$1.29$0.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.01$1.46$1.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.14$1.07$1.19$1.56$0.38
2011Summary only. Only limited summary data is available for this year.$1.44$0.00$0.73$0.66$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.03$1.36$0.69$0.73$0.05