Civic Intelligence

Hi Daddy Youth Foundation Inc

EIN 71-0892090 • 501(c)3 • Hawthorne, CA

Profile

To maximize youth achievements by providing educational and social services to the underserved and disadvantaged children in our community.

5155 W Rosecrans Ave Ste 203Hawthorne, CA 90250
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

4.80x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

6.53x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-111%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

1601%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

82nd percentile

42%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$17,673

Up $16,634 (+1601%) from 2019

Liabilities

Up

$84,918

Up $31,000 (+57%) from 2019

Net Assets

Down

-$67,245

Down $14,366 (-27%) from 2019

Operations
Liabilities / Revenue99th percentileNet Margin9th percentile

Revenue

Up

$13,000

Up $3,819 (+42%) from 2019

Expenses

Down

$27,366

Down $6,139 (-18%) from 2019

Net Income

Up

-$14,366

Up $9,958 (+41%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50K-$100KAssets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2019: $1,039Liabilities 2019: $53,918Net Assets 2019: -$52,8792019Assets 2020: $17,673Liabilities 2020: $84,918Net Assets 2020: -$67,2452020

Highlighted filing

2020

Assets$17,673
Liabilities$84,918
Net Assets-$67,245
Open 2020 Filing

Operations Trend

Revenue Growth82nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20K-$40KRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2019: $9,181Expenses 2019: $33,505Net Income 2019: -$24,3242019Revenue 2020: $13,000Expenses 2020: $27,366Net Income 2020: -$14,3662020

Highlighted filing

2020

Revenue$13,000
Expenses$27,366
Net Income-$14,366
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,673
Liabilities
$84,918
Net assets
-$67,245
Revenue
$13,000
Expenses
$27,366
Net income
-$14,366
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$17.7$84.9$67.2$13.0$27.4$14.4
2019Detailed filing. Detailed filing data is available for this year.$1.04$53.9$52.9$9.18$33.5$24.3
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 9, 2021
Return Version
2020v4.0
Gross Receipts
$13,000
Mission and Program Overview

Mission

To maximize youth achievements by providing educational and social services to the underserved and disadvantaged children in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,039$17,673▲ $16,634
Rtn Earn Endowment Incm Other Fnds$-52,879$-67,245▼ $14,366
Total Assets$1,039$17,673▲ $16,634
Liabilities
Unsecured Notes Loans Payable$53,918$84,918▲ $31,000
Total Liabilities$53,918$84,918▲ $31,000
Net Assets / Fund Balance
Total Net Assets Fund Balance$-52,879$-67,245▼ $14,366
Total Liabilities and Net Assets / Fund Balance$1,039$17,673▲ $16,634
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Sanfrancis OmusonPresident CEO
Victoria EssoSecretary
Michael ChinoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,000
Change in Net Assets
$-14,366
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$14,400--$14,400
All Other Expenses$8,100--$8,100
Fees for Services Accounting$400--$400
Other Expenses$51--$51
Total Functional Expenses$27,366$0$0$27,366
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
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 35% controlled entity
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 governing body review Part VI line 11

“President/CEO given the tax return and he present return to the board. DURING THE REGULAR MEETINGS OF THE ORGANIZATIONT THE PRESIDENT DISCUSSES AND PRESENT THE GOVERNING BOARD, THE 990 TAX RETURN.ACCOUNTANT DISCUSSES THE 990 TAX RETURN WITH THE PRESIDENT AFTER COMPLETION.”

Conflict of interest policy compliance Part VI line 12C

“Organization monitors the conflict of interest policy by ensuring personal business are separate from the day to day business operations.”

Governing documents etc available to public Part VI line 19

“The governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Hi Daddy Youth Foundation Inc
EIN
71-0892090
Address
5155 W ROSECRANS AVE STE 203, Hawthorne, CA 90250

Signing Officer

Name
Sanfrancis Omuson
Title
Executive Offic
Phone
3102617157
Signed
2021-04-09
Discuss with paid preparer
No

Organization Details

Formed
2002
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Michael Abandy CPA
Address
731 E HARVARD RD, Burbank, CA 91501
Preparer
Michael Abandy
Phone
8183954080
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

“Legal and professional $1900”

List of other expenses Part IX line 24E

“Equipment repairs 615donations 5,030insurance 2,240mileage 390office expenses 1,200potage 940telephone 1,400printing and publish 1,300supplies 920total 14,035”

Raw XML Appendix282 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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