Civic Intelligence

Natomas Arts and Education Foundation

990 • Fiscal year 2018 • EIN 68-0475414

Jul 01, 2017 to Jun 30, 2018 • Filed on May 21, 2019

4600 Blackrock DriveSacramento, CA 95835

(916) 928-5335

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

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

Net Margin

62nd percentile

9.0%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

92nd percentile

$49,387

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

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

Asset Growth

66th percentile

13%

Faster asset growth than 66% of similar nonprofits.

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

Revenue Growth

90th percentile

72%

Faster revenue growth than 90% of similar nonprofits.

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

Assets

Up

$353,965

Up $40,493 (+13%) from 2017

Net Assets

Up

$353,964

Up $40,492 (+13%) from 2017

Liabilities

Up

$1

Up $1 from 2017

Revenue

Up

$451,624

Up $189,482 (+72%) from 2017

Expenses

Up

$411,132

Up $94,239 (+30%) from 2017

Net Income

Up

$40,492

Up $95,243 (+174%) 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 2011: $214,253Liabilities 2011: $0Net Assets 2011: $214,2532011Assets 2012: $324,356Liabilities 2012: $0Net Assets 2012: $324,3562012Assets 2013: $297,839Liabilities 2013: $0Net Assets 2013: $297,8392013Assets 2014: $269,881Liabilities 2014: $0Net Assets 2014: $269,8812014Assets 2015: $313,412Liabilities 2015: $0Net Assets 2015: $313,4122015Assets 2016: $368,223Liabilities 2016: $0Net Assets 2016: $368,2232016Assets 2017: $313,472Liabilities 2017: $0Net Assets 2017: $313,4722017Assets 2018: $353,965Liabilities 2018: $1Net Assets 2018: $353,9642018Assets 2019: $323,675Liabilities 2019: $1,293Net Assets 2019: $322,3822019Assets 2020: $340,825Liabilities 2020: $0Net Assets 2020: $340,8252020Assets 2021: $289,868Liabilities 2021: $0Net Assets 2021: $289,8682021Assets 2022: $320,369Liabilities 2022: $337Net Assets 2022: $320,0322022Assets 2023: $305,967Liabilities 2023: $0Net Assets 2023: $305,9672023Assets 2024: $297,889Liabilities 2024: $0Net Assets 2024: $297,8892024

Highlighted filing

2018

Assets$353,965
Liabilities$1
Net Assets$353,964

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $282,608Expenses 2011: $329,761Net Income 2011: -$47,1532011Revenue 2012: $429,841Expenses 2012: $319,558Net Income 2012: $110,2832012Expenses 2013: $338,6512013Revenue 2014: $352,689Expenses 2014: $380,647Net Income 2014: -$27,9582014Revenue 2015: $336,700Expenses 2015: $293,169Net Income 2015: $43,5312015Revenue 2016: $251,665Expenses 2016: $196,854Net Income 2016: $54,8112016Revenue 2017: $262,142Expenses 2017: $316,893Net Income 2017: -$54,7512017Revenue 2018: $451,624Expenses 2018: $411,132Net Income 2018: $40,4922018Revenue 2019: $207,992Expenses 2019: $240,322Net Income 2019: -$32,3302019Revenue 2020: $292,958Expenses 2020: $274,515Net Income 2020: $18,4432020Revenue 2021: $64,152Expenses 2021: $104,820Net Income 2021: -$40,6682021Revenue 2022: $160,277Expenses 2022: $130,113Net Income 2022: $30,1642022Revenue 2023: $299,413Expenses 2023: $320,121Net Income 2023: -$20,7082023Revenue 2024: $330,451Expenses 2024: $338,529Net Income 2024: -$8,0782024

Highlighted filing

2018

Revenue$451,624
Expenses$411,132
Net Income$40,492
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 21, 2019
Return Version
2017v2.3
Gross Receipts
$451,624
Mission and Program Overview

Mission

The foundation was formed for the public and charitable purpose of directing attention and effort toward providing funding to support the educational purposes of the natomas charter school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$284,149$326,580▲ $42,431
Land, Buildings, and Equipment, Net$29,323$27,385▼ $1,938
Total Assets$313,472$353,965▲ $40,493
Liabilities
Other Liabilities$0$1▲ $1
Total Liabilities$0$1▲ $1
Net Assets / Fund Balance
Unrestricted Net Assets$313,472$353,964▲ $40,492
Total Net Assets Fund Balance$313,472$353,964▲ $40,492
Total Liabilities and Net Assets / Fund Balance$313,472$353,965▲ $40,493

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$27,385$8,553$35,938
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sierra HersekVice PresidentFT$49,387$49,387

Board Members and Trustees

NameTitle
Charlie LeoPresident
Josy MillerBoard Member
Kimberly GarzaBoard Member
Kelly CullityTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$368,121
Program Service Revenue
$50,582
Investment Income
$305
Other Revenue
$32,616
All Other Contributions
$366,160
Change in Net Assets
$40,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$362,226
Total Fundraising Expense$84,602
Professional Fundraising Fees$48,906
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$60,840--$60,840
Fees for Services Professional Fundraising--$48,906$48,906
Other Expenses$29,552-$35,683$29,552
All Other Expenses$19,553$4,232-$23,785
Office Expenses$3,308$18,766-$22,074
Occupancy$3,490--$3,490
Advertising$3,189--$3,189
Depreciation Depletion$1,938--$1,938
Insurance-$1,250-$1,250
Travel$987--$987
Fees for Services Legal--$13$13
Total Functional Expenses$302,282$24,248$84,602$411,132
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$48,906
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Sierra HersekBoard Vice PresidentCompensation for Services.No$49,388
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
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
Yes
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, Section A, Line 8B

The organization does not have committees with authority to act on behlaf of the governing body.

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

The 990 is reviewed and approved by management prior to submission to the irs. The board reviews the filed copy of the 990.

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

For each interest disclosed to the president of the board of directors, the president will determine whether to: (a) take no action; (b) assure full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recluse from participation in related discussions or decisions within naef or, if the person refused to resign, become subject to possible removal in accordance with naef's removal procedures. Naef's chief employed executive and chief employed finance executive will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the president of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction occurred.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Natomas Arts and Education
EIN
68-0475414
Phone
9169285335
Address
4600 BLACKROCK DRIVE, SACRAMENTO, CA 95835

Signing Officer

Name
Sierra Hersek
Title
Vice President
Phone
9169285335
Signed
2019-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlie Leo
Formed
2001
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional and consulting services: program service expenses 60,840. Management and general expenses 0. Fundraising expenses 0. Total expenses 60,840.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0217484
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0224361
IRS990ScheduleA/Total509Grp/TotalAmt01496668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0451624
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0299677
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0332963
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0336700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0317614
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01738578
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt027385
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08553
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035938
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt027385
IRS990ScheduleD/TotalLiabilityAmt01
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0RAN AND OGANIZED FUNDRAISING EVENTS
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0127368
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt078462
IRS990ScheduleG/FundraiserActivityInfoGrp/PersonNm0SIERRA HERSEK
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt048906
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt04600 BLACKROCK DRIVE
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0SACRAMENTO
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd095835
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/SolicitationOfGovtGrantsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt0127368
IRS990ScheduleG/TotalNetToOrganizationAmt078462
IRS990ScheduleG/TotalRetainedByContractorsAmt048906
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SIERRA HERSEK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD VICE PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt049388
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION FOR SERVICES.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHLAF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED AND APPROVED BY MANAGEMENT PRIOR TO SUBMISSION TO THE IRS. THE BOARD REVIEWS THE FILED COPY OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FOR EACH INTEREST DISCLOSED TO THE PRESIDENT OF THE BOARD OF DIRECTORS, THE PRESIDENT WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECLUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN NAEF OR, IF THE PERSON REFUSED TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH NAEF'S REMOVAL PROCEDURES. NAEF'S CHIEF EMPLOYED EXECUTIVE AND CHIEF EMPLOYED FINANCE EXECUTIVE WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE PRESIDENT OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL AND CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 60,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,840.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0313472
IRS990/TotalAssetsEOYAmt0353965
IRS990/TotalAssetsGrp/BOYAmt0313472
IRS990/TotalAssetsGrp/EOYAmt0353965
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0368121
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt084602
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt024248
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0302282
IRS990/TotalFunctionalExpensesGrp/TotalAmt0411132
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt01
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0313472
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0353964
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0302282
IRS990/TotalProgramServiceRevenueAmt050582
IRS990/TotalReportableCompFromOrgAmt049387
IRS990/TotalRevenueGrp/ExclusionAmt0305
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt083198
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0451624
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0313472
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0353965
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0987
IRS990/TravelGrp/TotalAmt0987
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0313472
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0353964
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04600 BLACKROCK DRIVE
IRS990/USAddress/CityNm0SACRAMENTO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095835
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.NAEF-NCS-CA.SCHOOLLOOP.COM
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0LATE FILED RETURN DUE TO CCH SOFTWARE OUTAGE.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SIERRA HERSEK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09169285335
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NATOMAS ARTS AND EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NATO
ReturnHeader/Filer/EIN0680475414
ReturnHeader/Filer/PhoneNum09169285335
ReturnHeader/Filer/USAddress/AddressLine1Txt04600 BLACKROCK DRIVE
ReturnHeader/Filer/USAddress/CityNm0SACRAMENTO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095835
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07CCED69CC7F7DA8765ED5670943801882D3A7A21
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05361518973D1A559921F7DF4214214CF34F86A31
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.98$3.30$3.39$0.08
2023Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$2.99$3.20$0.21
2022Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$1.60$1.30$0.30
2021Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$0.64$1.05$0.41
2020Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.41$2.93$2.75$0.18
2019Detailed filing. Detailed filing data is available for this year.$3.24$0.01$3.22$2.08$2.40$0.32
2018Detailed filing. Detailed filing data is available for this year.$3.54$0.00$3.54$4.52$4.11$0.40
2017Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$2.62$3.17$0.55
2016Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$2.52$1.97$0.55
2015Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$3.37$2.93$0.44
2014Detailed filing. Detailed filing data is available for this year.$2.70$0.00$2.70$3.53$3.81$0.28
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.00$2.98$3.39
2012Summary only. Only limited summary data is available for this year.$3.24$0.00$3.24$4.30$3.20$1.10
2011Summary only. Only limited summary data is available for this year.$2.14$0.00$2.14$2.83$3.30$0.47