Civic Intelligence

Chief Cornerstone Mission Center

EIN 72-1583653 • 501(c)3 • Los Angeles, CA

Profile

Expansion of mission basis throughout the world

700 S Ardmore Ave 403Los Angeles, CA 90005

n/A

Siviq Scores

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

Liabilities / Assets

70th percentile

0.13x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.13x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

97th percentile

84%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets70th percentile

Assets

$672,530

No earlier filing loaded for comparison.

Liabilities

$90,000

No earlier filing loaded for comparison.

Net Assets

$582,530

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue72nd percentileNet Margin97th percentile

Revenue

$694,513

No earlier filing loaded for comparison.

Expenses

$112,034

No earlier filing loaded for comparison.

Net Income

$582,479

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$800K$600K$400K$200K$0Assets 2014: $672,530Liabilities 2014: $90,000Net Assets 2014: $582,5302014

Highlighted filing

2014

Assets$672,530
Liabilities$90,000
Net Assets$582,530
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0Revenue 2014: $694,513Expenses 2014: $112,034Net Income 2014: $582,4792014

Highlighted filing

2014

Revenue$694,513
Expenses$112,034
Net Income$582,479
Open 2014 Filing

Filings

Most recent year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$672,530
Liabilities
$90,000
Net assets
$582,530
Revenue
$694,513
Expenses
$112,034
Net income
$582,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$6.73$0.90$5.83$6.95$1.12$5.82
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 17, 2015
Return Version
2014v5.0
Gross Receipts
$694,513
Mission and Program Overview

Mission

Expansion of mission basis throughout the world

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51$582,479▲ $582,428
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$51$672,530▲ $672,479
Other Assets Total-$90,051-
Liabilities
Other Liabilities-$90,000-
Total Liabilities$0$90,000▲ $90,000
Net Assets / Fund Balance
Unrestricted Net Assets$51$582,530▲ $582,479
Total Net Assets Fund Balance$51$582,530▲ $582,479
Total Liabilities and Net Assets / Fund Balance$51$672,530▲ $672,479

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$90,051--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
David Sung Soo ChoiCEO
Lee Hyo SangSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$694,513
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$694,513
Change in Net Assets
$582,479

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Real Estate Residential1$869,534
Total Noncash Contributions1$869,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$112,034
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-$4,700-$4,700
All Other Expenses$1,167$2,136-$3,303
Fees for Services Accounting-$3,300-$3,300
Interest-$2,882-$2,882
Other Expenses$18,973$1,757-$1,757
Office Expenses$1,062$530-$1,592
Total Functional Expenses$91,202$20,832$0$112,034
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other payable$90,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
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

“No review was or will be conducted.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Chief Cornerstone Mission Center
EIN
72-1583653
Phone
2137440005
Address
700 S ARDMORE AVE 403, LOS ANGELES, CA 90005

Signing Officer

Name
David Sungsonn Choi
Title
COE
Signed
2015-08-17
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Choi Hong Lee & Kang Llp
Address
3435 WILSHIRE BLVD STE 480, LOS ANGELES, CA 90010-2003
Preparer
Ik Su Kang
Phone
2133651700
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ReturnHeader/Filer/BusinessNameControlTxt0CHIE
ReturnHeader/Filer/EIN0721583653
ReturnHeader/Filer/PhoneNum02137440005
ReturnHeader/Filer/USAddress/AddressLine1Txt0700 S ARDMORE AVE 403
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090005
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHOI HONG LEE & KANG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03435 WILSHIRE BLVD STE 480
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0900102003
ReturnHeader/PreparerPersonGrp/PhoneNum02133651700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ik Su Kang
ReturnHeader/ReturnTs02015-08-17T17:54:32-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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