Civic Intelligence

The Brian Othmer Foundation

990 • Fiscal year 2021 • EIN 75-3036992

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 15, 2022

6400 Canoga Ave 210Woodland Hills, CA 91367

(818) 456-5965

Siviq Scores

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

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

47th percentile

0.02x

Higher debt load relative to revenue than 47% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

90th percentile

59%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

54th percentile

$4,333

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

97th percentile

254%

Faster asset growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

466%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$494,332

Up $354,777 (+254%) from 2020

Net Assets

Up

$482,604

Up $352,871 (+272%) from 2020

Liabilities

Up

$11,728

Up $1,906 (+19%) from 2020

Revenue

Up

$559,467

Up $460,630 (+466%) from 2020

Expenses

Up

$226,952

Up $222,967 (+5595%) from 2020

Net Income

Up

$332,515

Up $237,663 (+251%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $37,003Liabilities 2011: $9,8222011Assets 2012: $37,028Liabilities 2012: $9,8222012Assets 2013: $63,915Liabilities 2013: $9,8222013Assets 2014: $36,015Liabilities 2014: $9,822Net Assets 2014: $26,1932014Assets 2020: $139,555Liabilities 2020: $9,822Net Assets 2020: $129,7332020Assets 2021: $494,332Liabilities 2021: $11,728Net Assets 2021: $482,6042021Assets 2022: $445,187Liabilities 2022: $8,323Net Assets 2022: $436,8642022Assets 2023: $221,967Liabilities 2023: $11,703Net Assets 2023: $210,2642023Assets 2024: $155,096Liabilities 2024: $9,822Net Assets 2024: $145,2742024

Highlighted filing

2021

Assets$494,332
Liabilities$11,728
Net Assets$482,604

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $360Expenses 2011: $3,514Net Income 2011: -$3,1542011Revenue 2012: $600Expenses 2012: $645Net Income 2012: -$452012Revenue 2013: $27,490Expenses 2013: $533Net Income 2013: $26,9572013Revenue 2014: $25,000Expenses 2014: $52,900Net Income 2014: -$27,9002014Revenue 2020: $98,837Expenses 2020: $3,985Net Income 2020: $94,8522020Revenue 2021: $559,467Expenses 2021: $226,952Net Income 2021: $332,5152021Revenue 2022: $437,727Expenses 2022: $483,467Net Income 2022: -$45,7402022Revenue 2023: $218,627Expenses 2023: $445,227Net Income 2023: -$226,6002023Revenue 2024: $10,483Expenses 2024: $75,473Net Income 2024: -$64,9902024

Highlighted filing

2021

Revenue$559,467
Expenses$226,952
Net Income$332,515
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 15, 2022
Return Version
2021v4.2
Gross Receipts
$559,467
Mission and Program Overview

Mission

To facilitate the transfer of the ilf neurofeedback technology into agencies serving the children in greatest need.the means to that end are three-fold: 1) the training of clinical personnel at these agencies in theconduct and supervision of the therapy; 2) acquainting managers and otherdecision-makers with the method either by way of a brief didactic training or by direct personal experience under the guidance of a skilled clinician; 3)facilitating the acquisition of the requisite instrumentation.

To facilitate the transfer of the ilf neurofeedback technology into agencies serving the children in greatest need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$129,733$482,604▲ $352,871
Cash and Non-Interest-Bearing Accounts$91,941$312,099▲ $220,158
Investments Other Securities$21,656$150,000▲ $128,344
Inventories for Sale or Use-$6,345-
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$139,555$494,332▲ $354,777
Other Assets Total$25,958$25,888▼ $70
Liabilities
Other Liabilities$9,822$11,728▲ $1,906
Total Liabilities$9,822$11,728▲ $1,906
Net Assets / Fund Balance
Total Net Assets Fund Balance$129,733$482,604▲ $352,871
Total Liabilities and Net Assets / Fund Balance$139,555$494,332▲ $354,777

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$14,340-
Other Assets Org$25,888--
Other Securities$150,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Siegfried OthmerCEOPT$4,333$4,333

Board Members and Trustees

NameTitle
Anna BensonDirector
Steve LytleDirector
Tom GiermakowskiDirector
Lanier FlyCFO
Chelsie WoodSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$559,455
Program Service Revenue
$0
Investment Income
$12
Other Revenue
$0
All Other Contributions
$559,455
Change in Net Assets
$332,515

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded718$150,000Publicly Traded Value
Total Noncash Contributions718$150,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$169,334
Salaries, Compensation, and Employee Benefits$57,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$165,269--$165,269
Other Salaries and Wages$56,352--$56,352
Fees for Services Accounting$4,065--$4,065
Payroll Taxes$1,266--$1,266
Total Functional Expenses$226,952$0$0$226,952
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable$8,788
Payroll Liabilities$1,906
Deposit$1,034
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Officers to provide and review information.

Form 990, Part VI, Section C, Line 19

The information is available upon request.

Filing and Contact Details

Filer

Filer Name
The Brian Othmer Foundation
EIN
75-3036992
Phone
8184565965
Address
6400 CANOGA AVE 210, WOODLAND HILLS, CA 91367

Signing Officer

Name
Siegfried Othmer
Title
Board Chairman
Phone
8184565965
Signed
2022-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Siegfried Othmer
Formed
2002
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Rose Snyder & Jacobs Llp
Address
15821 VENTURA BLVD SUITE 490, ENCINO, CA 91436
Preparer
Alan I Kazden
Phone
8184610600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Course instructor: program service expenses 159,666. Management and general expenses 0. Fundraising expenses 0. Total expenses 159,666. Postage and delivery: program service expenses 603. Management and general expenses 0. Fundraising expenses 0. Total expenses 603. Rent: program service expenses 5,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,000.

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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-15
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ReturnHeader/ReturnTs02022-10-15T18:54:02-05:00
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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