Civic Intelligence

The Knl Foundation

990 • Fiscal year 2016 • EIN 68-0503237

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

679 BridgewaySausalito, CA 94965

(415) 289-0243

Siviq Scores

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

Liabilities / Assets

87th percentile

0.78x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

19.07x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

90th percentile

40%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

52nd percentile

1.7%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

29th percentile

-6.3%

Faster revenue growth than 29% of similar nonprofits.

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

Assets

Up

$1,592,980

Up $26,365 (+1.7%) from 2015

Net Assets

Up

$342,980

Up $26,365 (+8.3%) from 2015

Liabilities

Flat

$1,250,000

Flat from 2015

Revenue

Down

$65,550

Down $4,390 (-6.3%) from 2015

Expenses

Up

$39,185

Up $8,081 (+26%) from 2015

Net Income

Down

$26,365

Down $12,471 (-32%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,283,457Liabilities 2010: $1,250,000Net Assets 2010: $33,4572010Assets 2011: $1,323,420Liabilities 2011: $1,250,000Net Assets 2011: $73,4202011Assets 2012: $1,342,774Liabilities 2012: $1,250,000Net Assets 2012: $92,7742012Assets 2013: $1,395,914Liabilities 2013: $1,252,275Net Assets 2013: $143,6392013Assets 2014: $1,527,779Liabilities 2014: $1,250,000Net Assets 2014: $277,7792014Assets 2015: $1,566,615Liabilities 2015: $1,250,000Net Assets 2015: $316,6152015Assets 2016: $1,592,980Liabilities 2016: $1,250,000Net Assets 2016: $342,9802016Assets 2017: $1,655,483Liabilities 2017: $1,251,000Net Assets 2017: $404,4832017Assets 2018: $1,650,022Liabilities 2018: $1,251,000Net Assets 2018: $399,0222018Assets 2019: $1,718,008Liabilities 2019: $1,251,000Net Assets 2019: $467,0082019Assets 2020: $1,724,454Liabilities 2020: $1,251,000Net Assets 2020: $473,4542020Assets 2021: $1,708,763Liabilities 2021: $1,251,000Net Assets 2021: $457,7632021Assets 2022: $1,722,218Liabilities 2022: $1,238,677Net Assets 2022: $483,5412022Assets 2023: $1,756,651Liabilities 2023: $1,239,677Net Assets 2023: $516,9742023Assets 2024: $1,801,749Liabilities 2024: $1,239,127Net Assets 2024: $562,6222024

Highlighted filing

2016

Assets$1,592,980
Liabilities$1,250,000
Net Assets$342,980

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $68,840Expenses 2010: $55,144Net Income 2010: $13,6962010Revenue 2011: $149,963Expenses 2011: $110,000Net Income 2011: $39,9632011Expenses 2012: $75,9902012Revenue 2013: $92,113Expenses 2013: $41,248Net Income 2013: $50,8652013Revenue 2014: $146,821Expenses 2014: $12,681Net Income 2014: $134,1402014Revenue 2015: $69,940Expenses 2015: $31,104Net Income 2015: $38,8362015Revenue 2016: $65,550Expenses 2016: $39,185Net Income 2016: $26,3652016Revenue 2017: $101,050Expenses 2017: $39,547Net Income 2017: $61,5032017Revenue 2018: $55,509Expenses 2018: $60,970Net Income 2018: -$5,4612018Revenue 2019: $98,869Expenses 2019: $30,883Net Income 2019: $67,9862019Revenue 2020: $55,645Expenses 2020: $49,199Net Income 2020: $6,4462020Revenue 2021: $72,795Expenses 2021: $88,486Net Income 2021: -$15,6912021Revenue 2022: $92,354Expenses 2022: $66,576Net Income 2022: $25,7782022Revenue 2023: $70,859Expenses 2023: $37,426Net Income 2023: $33,4332023Revenue 2024: $80,536Expenses 2024: $34,888Net Income 2024: $45,6482024

Highlighted filing

2016

Revenue$65,550
Expenses$39,185
Net Income$26,365
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$65,550
Mission and Program Overview

Mission

To provide humanitarian relief,education and welfare for impoverished persons worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$1,250,000$1,250,000→ $0
Receivables From Officers Etc$720,000$720,000→ $0
Investments Other Securities$470,000$470,000→ $0
Savings and Temporary Cash Investments$324,703$385,334▲ $60,631
Cash and Non-Interest-Bearing Accounts$51,912$17,645▼ $34,267
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$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$1,566,615$1,592,980▲ $26,365
Other Assets Total-$1-
Liabilities
Total Liabilities$1,250,000$1,250,000→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$316,615$342,980▲ $26,365
Total Net Assets Fund Balance$316,615$342,980▲ $26,365
Total Liabilities and Net Assets / Fund Balance$1,566,615$1,592,980▲ $26,365
Compensation and Service Providers

Board Members and Trustees

NameTitle
Raj ChabraVice President
Vimal KumarDirector
Joseph HoffmanPres/Scty/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$650
Program Service Revenue
$0
Investment Income
$64,900
Other Revenue
$0
All Other Contributions
$650
Change in Net Assets
$26,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$37,140
Other Expenses$2,045
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$33,140--$33,140
Foreign Grants$4,000--$4,000
Fees for Services Accounting-$2,020-$2,020
Other Expenses-$25-$25
Total Functional Expenses$37,140$2,045$0$39,185
International Activity

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
Southeast Asia--00$0
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$1,250,000$1,250,000→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$720,000$720,000→ $0
Receivables from Disqualified Persons-$0-
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
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 2: Description of Business or Family Relationship of Officers, Directors, Et

Pres. Hoffman and VP Chabra are co-owners in outside investments unrelated to the foundation.

Form 990, Part VI, Line 11B: Form 990 Review Process

Board members are provided with governmental filing forms for their review, including Ca form 199 and other state forms as required.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The officers have no self-dealing and are acutely aware of the need to avoid all conflicts of interest.

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

Documents, policies and financial statements are provided upon request.

Filing and Contact Details

Filer

Filer Name
The Knl Foundation
EIN
68-0503237
Phone
4152890243
Address
679 Bridgeway, Sausalito, CA 94965

Signing Officer

Name
Joseph Hoffman
Title
President
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Hoffman
Formed
2002
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Magid Accountancy Corporation APC
Address
10 Commercial Blvd Suite 200, Novato, CA 94949
Preparer
Sandy Magid
Phone
4158839300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Student scholarships for McDonogh School in Owings Mills, MD. OTHER PROGRAM SERVICES 5: College scholarships at Golden Gate University School of Law, San Francisco, CA OTHER PROGRAM SERVICES 6: Funded ASSIST - Sscholarships for African school children.

Raw XML Appendix394 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTHEAST ASIA
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0Officers or volunteers visit grantees and/or monitor use of funds.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Generate interest income for org
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1Personal
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt2Personal
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01250000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1270000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2450000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Joseph Hoffman
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Raj Chabra
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2Raj Chabra
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0President made initial loan to organization at inception to fund private loans from organization to others; interest income from these loans (two are to another officer who pays interest to the organization) help to finance the charitable operations.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Student scholarships for McDonogh School in Owings Mills, MD. OTHER PROGRAM SERVICES 5: College scholarships at Golden Gate University School of Law, San Francisco, CA OTHER PROGRAM SERVICES 6: Funded ASSIST - Sscholarships for African school children.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Pres. Hoffman and VP Chabra are co-owners in outside investments unrelated to the foundation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members are provided with governmental filing forms for their review, including Ca form 199 and other state forms as required.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The officers have no self-dealing and are acutely aware of the need to avoid all conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Documents, policies and financial statements are provided upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01566615
IRS990/TotalAssetsEOYAmt01592980
IRS990/TotalAssetsGrp/BOYAmt01566615
IRS990/TotalAssetsGrp/EOYAmt01592980
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0650
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02045
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037140
IRS990/TotalFunctionalExpensesGrp/TotalAmt039185
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01250000
IRS990/TotalLiabilitiesEOYAmt01250000
IRS990/TotalLiabilitiesGrp/BOYAmt01250000
IRS990/TotalLiabilitiesGrp/EOYAmt01250000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0316615
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0342980
IRS990/TotalOtherProgSrvcExpenseAmt04000
IRS990/TotalOtherProgSrvcGrantAmt04000
IRS990/TotalProgramServiceExpensesAmt037140
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt064900
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt065550
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01566615
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01592980
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0316615
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0342980
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0679 BRIDGEWAY
IRS990/USAddress/CityNm0SAUSALITO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094965
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH HOFFMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE KNL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KNLF
ReturnHeader/Filer/EIN0680503237
ReturnHeader/Filer/PhoneNum04152890243
ReturnHeader/Filer/USAddress/AddressLine1Txt0679 Bridgeway
ReturnHeader/Filer/USAddress/CityNm0Sausalito
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094965
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Magid Accountancy Corporation APC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010 Commercial Blvd Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Novato
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094949
ReturnHeader/PreparerPersonGrp/PhoneNum04158839300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANDY MAGID
ReturnHeader/ReturnTs02017-11-15T16:11:06-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$1.24$0.56$0.08$0.03$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$1.24$0.52$0.07$0.04$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$1.24$0.48$0.09$0.07$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$1.25$0.46$0.07$0.09$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$1.25$0.47$0.06$0.05$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$1.25$0.47$0.10$0.03$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.65$1.25$0.40$0.06$0.06$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$1.25$0.40$0.10$0.04$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.59$1.25$0.34$0.07$0.04$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$1.25$0.32$0.07$0.03$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.53$1.25$0.28$0.15$0.01$0.13
2013Detailed filing. Detailed filing data is available for this year.$1.40$1.25$0.14$0.09$0.04$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$1.25$0.09$0.08
2011Summary only. Only limited summary data is available for this year.$1.32$1.25$0.07$0.15$0.11$0.04
2010Summary only. Only limited summary data is available for this year.$1.28$1.25$0.03$0.07$0.06$0.01