Civic Intelligence

Parenting Network Inc.

990 • Fiscal year 2015 • EIN 77-0188710

Dec 01, 2014 to Nov 30, 2015 • Filed on Oct 10, 2016

330 N Johnson StVisalia, CA 93291

(559) 625-0384

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.59x

Higher debt load relative to assets than 82% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.55x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

47th percentile

1.8%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

58th percentile

$77,540

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

96th percentile

128%

Faster asset growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

76th percentile

20%

Faster revenue growth than 76% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,079,952

Up $606,133 (+128%) from 2014

Net Assets

Up

$447,581

Up $36,306 (+8.8%) from 2014

Liabilities

Up

$632,371

Up $569,827 (+911%) from 2014

Revenue

Up

$1,148,239

Up $193,712 (+20%) from 2014

Expenses

Up

$1,127,469

Up $133,534 (+13%) from 2014

Net Income

Up

$20,770

Up $60,178 (+153%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,286,405Liabilities 2011: $55,422Net Assets 2011: $1,230,9832011Assets 2012: $1,814,883Liabilities 2012: $76,750Net Assets 2012: $1,738,1332012Assets 2013: $1,394,751Liabilities 2013: $62,268Net Assets 2013: $1,332,4832013Assets 2014: $473,819Liabilities 2014: $62,544Net Assets 2014: $411,2752014Assets 2015: $1,079,952Liabilities 2015: $632,371Net Assets 2015: $447,5812015Assets 2016: $1,171,647Liabilities 2016: $630,221Net Assets 2016: $541,4262016Assets 2017: $1,304,274Liabilities 2017: $625,644Net Assets 2017: $678,6302017Assets 2018: $1,501,400Liabilities 2018: $664,008Net Assets 2018: $837,3922018Assets 2019: $1,719,320Liabilities 2019: $632,762Net Assets 2019: $1,086,5582019Assets 2020: $2,296,223Liabilities 2020: $1,024,228Net Assets 2020: $1,271,9952020Assets 2021: $2,537,413Liabilities 2021: $930,167Net Assets 2021: $1,607,2462021Assets 2022: $2,539,439Liabilities 2022: $960,510Net Assets 2022: $1,578,9292022Assets 2023: $2,576,605Liabilities 2023: $995,865Net Assets 2023: $1,580,7402023Assets 2024: $2,533,720Liabilities 2024: $998,059Net Assets 2024: $1,535,6612024

Highlighted filing

2015

Assets$1,079,952
Liabilities$632,371
Net Assets$447,581

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,038,721Expenses 2011: $891,249Net Income 2011: $147,4722011Revenue 2012: $1,549,969Expenses 2012: $1,042,819Net Income 2012: $507,1502012Expenses 2013: $1,031,5712013Revenue 2014: $954,527Expenses 2014: $993,935Net Income 2014: -$39,4082014Revenue 2015: $1,148,239Expenses 2015: $1,127,469Net Income 2015: $20,7702015Revenue 2016: $829,989Expenses 2016: $736,144Net Income 2016: $93,8452016Revenue 2017: $1,556,759Expenses 2017: $1,428,699Net Income 2017: $128,0602017Revenue 2018: $1,992,315Expenses 2018: $1,833,552Net Income 2018: $158,7632018Revenue 2019: $2,368,970Expenses 2019: $2,119,804Net Income 2019: $249,1662019Revenue 2020: $2,821,558Expenses 2020: $2,690,826Net Income 2020: $130,7322020Revenue 2021: $3,092,894Expenses 2021: $2,757,643Net Income 2021: $335,2512021Revenue 2022: $3,178,154Expenses 2022: $2,917,516Net Income 2022: $260,6382022Revenue 2023: $4,035,684Expenses 2023: $4,033,873Net Income 2023: $1,8112023Revenue 2024: $4,005,426Expenses 2024: $4,050,505Net Income 2024: -$45,0792024

Highlighted filing

2015

Revenue$1,148,239
Expenses$1,127,469
Net Income$20,770
Jump To
Filing Snapshot
Filing Period
Dec 1, 2014 to Nov 30, 2015
Signed
Oct 10, 2016
Return Version
2014v6.0
Gross Receipts
$1,148,239
Mission and Program Overview

Mission

Improve the life of all families including those with special needs by providing support and empowerment through the centralized delivery of social, educational, health, advocacy, and other support services while respecting beliefs, values, customs, and cultures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,831$731,605▲ $726,774
Cash and Non-Interest-Bearing Accounts$365,775$212,482▼ $153,293
Accounts Receivable$101,354$131,826▲ $30,472
Prepaid Expenses and Deferred Charges$1,859$1,674▼ $185
Savings and Temporary Cash Investments-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$473,819$1,079,952▲ $606,133
Other Assets Total-$2,365-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$550,340-
Other Liabilities$62,540$80,902▲ $18,362
Accounts Payable and Accrued Expenses$4$1,129▲ $1,125
Total Liabilities$62,544$632,371▲ $569,827
Net Assets / Fund Balance
Unrestricted Net Assets$394,221$447,581▲ $53,360
Temporarily Rstr Net Assets$17,054--
Total Net Assets Fund Balance$411,275$447,581▲ $36,306
Total Liabilities and Net Assets / Fund Balance$473,819$1,079,952▲ $606,133

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$730,012$7,590$737,602
Other Land Buildings$1,593$32,300$33,893
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael GibsonExecutive DirecFT$77,540$77,540

Board Members and Trustees

NameTitle
Santos PradoPresident
Cindy Cid SummersDirector
Natalie BolinDirector
Sarah ClementsDirector
Shawna RodriguezDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,097,219
Program Service Revenue
$16,509
Investment Income
$0
Other Revenue
$34,511
All Other Contributions
$411,777
Change in Net Assets
$20,770

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,148,239
Total Revenue per Audited Statements
$1,148,239
Total Revenue per Form 990
$1,148,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$790,343
Other Expenses$337,126
Total Fundraising Expense$7,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$613,081$33,326-$646,407
Insurance$84,672$4,146-$88,818
Current Officers, Directors, Trustees, and Key Employees$77,540--$77,540
Payroll Taxes$65,786$610-$66,396
Occupancy$47,700$100$650$48,450
Travel$40,528$1,080-$41,608
All Other Expenses$14,613$3,750$2,900$21,263
Office Expenses$18,017$130-$18,147
Interest-$11,551-$11,551
Depreciation Depletion-$10,828-$10,828
Other Expenses$9,882$608$3,846$10,490
Fees for Services Accounting$8,740--$8,740
Total Functional Expenses$1,039,916$80,157$7,396$1,127,469

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,127,469
Total Expenses per Audited Statements$1,127,469
Total Expenses per Form 990$1,127,469
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,798
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
Accrued Wages$34,266
Compensated Absences$25,957
Due to Blanket Ladies$17,401
Security Deposits$2,120
Payroll Liabilities$1,030
Accrued Sales Tax$128
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 11B: Form 990 Review Process

Form 990 was presented to all board members. Board members reviewed and discussed it. Bod approved form 990 as filed.

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

Board of directors review annually

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

Organization supplies governing documents, policies and financial statements upon request.

Filing and Contact Details

Filer

Filer Name
Parenting Network Inc
EIN
77-0188710
Phone
5596250384
Address
330 N JOHNSON ST, VISALIA, CA 93291

Signing Officer

Name
Mike Gibson
Title
Executive Director
Signed
2016-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Gibson
Voting Board Members
6
Independent Board Members
0
Employees
39
Volunteers
20

Preparer

Firm
Pine Pedroncelli & Aguilar Inc
Address
3500 W Orchard Court, Visalia, CA 93277-9249
Preparer
Gamaliel Aguilar
Phone
5596259800
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt07590
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032300
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033893
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt225957
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt52120
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SALES TAX
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2COMPENSATED ABSENCES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO BLANKET LADIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5SECURITY DEPOSITS
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IRS990ScheduleD/TotalExpensesPerForm990Amt01127469
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS PRESENTED TO ALL BOARD MEMBERS. BOARD MEMBERS REVIEWED AND DISCUSSED IT. BOD APPROVED FORM 990 AS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEW ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION SUPPLIES GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01097219
IRS990/TotalEmployeeCnt039
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07396
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080157
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01039916
IRS990/TotalFunctionalExpensesGrp/TotalAmt01127469
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt0632371
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0411275
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IRS990/TotalProgramServiceExpensesAmt01039916
IRS990/TotalProgramServiceRevenueAmt016509
IRS990/TotalReportableCompFromOrgAmt077540
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045222
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01148239
IRS990/TotalVolunteersCnt020
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IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt01080
IRS990/TravelGrp/ProgramServicesAmt040528
IRS990/TravelGrp/TotalAmt041608
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.53$1.00$1.54$4.01$4.05$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.58$1.00$1.58$4.04$4.03$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.54$0.96$1.58$3.18$2.92$0.26
2021Detailed filing. Detailed filing data is available for this year.$2.54$0.93$1.61$3.09$2.76$0.34
2020Detailed filing. Detailed filing data is available for this year.$2.30$1.02$1.27$2.82$2.69$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.72$0.63$1.09$2.37$2.12$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.50$0.66$0.84$1.99$1.83$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.30$0.63$0.68$1.56$1.43$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.63$0.54$0.83$0.74$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.63$0.45$1.15$1.13$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.06$0.41$0.95$0.99$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.06$1.33$1.03
2012Summary only. Only limited summary data is available for this year.$1.81$0.08$1.74$1.55$1.04$0.51
2011Summary only. Only limited summary data is available for this year.$1.29$0.06$1.23$1.04$0.89$0.15
Peer Organizations

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