Civic Intelligence

Love Serve Remember Foundation

990 • Fiscal year 2016 • EIN 80-0308502

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 05, 2017

2515 Venture Oaks WaySacramento, CA 95833

(888) 663-7770

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

59th percentile

5.1%

Higher net margin than 59% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

80th percentile

17%

Faster asset growth than 80% of similar nonprofits.

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

Revenue Growth

64th percentile

8.9%

Faster revenue growth than 64% of similar nonprofits.

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

Assets

Up

$656,050

Up $93,083 (+17%) from 2015

Net Assets

Up

$656,050

Up $93,083 (+17%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$1,815,275

Up $148,216 (+8.9%) from 2015

Expenses

Up

$1,722,192

Up $95,268 (+5.9%) from 2015

Net Income

Up

$93,083

Up $52,948 (+132%) from 2015

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 2010: $377,998Liabilities 2010: $0Net Assets 2010: $377,9982010Assets 2011: $364,176Liabilities 2011: $0Net Assets 2011: $364,1762011Assets 2012: $370,654Liabilities 2012: $0Net Assets 2012: $370,6542012Assets 2013: $390,267Liabilities 2013: $0Net Assets 2013: $390,2672013Assets 2014: $522,832Liabilities 2014: $0Net Assets 2014: $522,8322014Assets 2015: $562,967Liabilities 2015: $0Net Assets 2015: $562,9672015Assets 2016: $656,050Liabilities 2016: $0Net Assets 2016: $656,0502016Assets 2017: $707,078Liabilities 2017: $0Net Assets 2017: $707,0782017Assets 2018: $851,820Liabilities 2018: $32,470Net Assets 2018: $819,3502018Assets 2019: $992,394Liabilities 2019: $184,021Net Assets 2019: $808,3732019Assets 2020: $2,025,748Liabilities 2020: $372,009Net Assets 2020: $1,653,7392020Assets 2021: $1,779,151Liabilities 2021: $264,846Net Assets 2021: $1,514,3052021Assets 2022: $1,124,382Liabilities 2022: $196,807Net Assets 2022: $927,5752022Assets 2023: $950,188Liabilities 2023: $125,284Net Assets 2023: $824,9042023Assets 2024: $774,486Liabilities 2024: $114,866Net Assets 2024: $659,6202024

Highlighted filing

2016

Assets$656,050
Liabilities$0
Net Assets$656,050

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $662,539Expenses 2010: $556,153Net Income 2010: $106,3862010Expenses 2011: $606,1792011Expenses 2012: $747,5442012Revenue 2013: $1,037,293Expenses 2013: $933,030Net Income 2013: $104,2632013Revenue 2014: $1,338,752Expenses 2014: $1,206,187Net Income 2014: $132,5652014Revenue 2015: $1,667,059Expenses 2015: $1,626,924Net Income 2015: $40,1352015Revenue 2016: $1,815,275Expenses 2016: $1,722,192Net Income 2016: $93,0832016Revenue 2017: $2,041,506Expenses 2017: $1,990,478Net Income 2017: $51,0282017Revenue 2018: $2,240,418Expenses 2018: $2,164,386Net Income 2018: $76,0322018Revenue 2019: $2,604,394Expenses 2019: $2,660,327Net Income 2019: -$55,9332019Revenue 2020: $2,182,607Expenses 2020: $1,551,531Net Income 2020: $631,0762020Revenue 2021: $2,417,338Expenses 2021: $2,478,309Net Income 2021: -$60,9712021Revenue 2022: $2,727,154Expenses 2022: $3,086,789Net Income 2022: -$359,6352022Revenue 2023: $2,781,775Expenses 2023: $2,992,272Net Income 2023: -$210,4972023Revenue 2024: $2,675,342Expenses 2024: $2,924,302Net Income 2024: -$248,9602024

Highlighted filing

2016

Revenue$1,815,275
Expenses$1,722,192
Net Income$93,083
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 5, 2017
Return Version
2016v3.0
Gross Receipts
$1,823,426
Mission and Program Overview

Mission

The mission of Love Serve Remember Foundation is to preserve and disseminate the teachings of spiritual masters from various world religions, especially the spiritual works of Neem Karoli Baba and Dr. Richard Alpert, a/k/a Ram Dass.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$542,643$626,742▲ $84,099
Inventories for Sale or Use$18,600$29,308▲ $10,708
Land, Buildings, and Equipment, Net$1,724$0▼ $1,724
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-
Intangible Assets-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$562,967$656,050▲ $93,083
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$562,967$656,050▲ $93,083
Total Net Assets Fund Balance$562,967$656,050▲ $93,083
Total Liabilities and Net Assets / Fund Balance$562,967$656,050▲ $93,083

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$34,889$34,889
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mitchell MarkusPresident & EDPT$108,000$108,000

Board Members and Trustees

NameTitle
Jared LevyDirector
Paul SingerDirector
James LyttonSecretary/VP
Mirabai BushTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$393,009
Program Service Revenue
$1,376,456
Investment Income
$39
Other Revenue
$45,771
All Other Contributions
$393,009
Change in Net Assets
$93,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,544,312
Salaries, Compensation, and Employee Benefits$167,880
Total Fundraising Expense$38,196
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$97,153$12,119$6,738$116,010
Current Officers, Directors, Trustees, and Key Employees$21,600$64,800$21,600$108,000
All Other Expenses$62,685$1,704-$64,389
Occupancy-$56,282-$56,282
Other Salaries and Wages-$43,347-$43,347
Other Expenses$42,166--$42,166
Travel-$11,487$7,658$19,145
Payroll Taxes-$13,449-$13,449
Grants to Domestic Orgs$10,000--$10,000
Office Expenses$116$7,210-$7,326
Fees for Services Accounting-$4,905-$4,905
Other Employee Benefits-$3,084-$3,084
Advertising--$2,200$2,200
Depreciation Depletion-$1,724-$1,724
Insurance-$1,524-$1,524
Total Functional Expenses$1,462,361$221,635$38,196$1,722,192
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Neem Karoli Baba AshramTaos, NM501(c)(3)Charitable Donation$10,000
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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

THE FORM 990 IS GIVEN TO EACH BOARD MEMBER FOR REVIEW. A Meeting is held via telephone conference to approve the 990. A BOARD RESOLUTION IS APPROVED BY THE BOARD INDICATING THAT THE 990 WAS REVIEWED AND APPROVED. THE FORM 990 IS SIGNED BY THE PRESIDENT AND MAILED FROM THE ORGANIZATION'S OFFICE.

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

Annually the board reviews the conflict of interest policy. Conflicts of interest are discussed during this board meeting.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Director's compensation is reviewed and approved annually by the Board of Directors.

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

Governing documents, financial information, and policies are available upon request at the organization's administrative office.

Filing and Contact Details

Filer

Filer Name
Love Serve Remember Foundation
EIN
80-0308502
Phone
8886637770
Address
2515 Venture Oaks Way, Sacramento, CA 95833

Signing Officer

Name
Mitchell Markus
Title
President
Signed
2017-09-05
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
7

Preparer

Firm
MANN URRUTIA NELSON CPAs & ASSOC LLP
Address
2901 Douglas Blvd Suite 290, Roseville, CA 95661-3824
Preparer
Michelle O Nelson CPA
Phone
9167744208
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS GIVEN TO EACH BOARD MEMBER FOR REVIEW. A Meeting is held via telephone conference to approve the 990. A BOARD RESOLUTION IS APPROVED BY THE BOARD INDICATING THAT THE 990 WAS REVIEWED AND APPROVED. THE FORM 990 IS SIGNED BY THE PRESIDENT AND MAILED FROM THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY. CONFLICTS OF INTEREST ARE DISCUSSED DURING THIS BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Director's compensation is reviewed and approved annually by the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, FINANCIAL INFORMATION, AND POLICIES ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE.
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 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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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.$0.77$0.11$0.66$2.68$2.92$0.25
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.13$0.82$2.78$2.99$0.21
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.20$0.93$2.73$3.09$0.36
2021Detailed filing. Detailed filing data is available for this year.$1.78$0.26$1.51$2.42$2.48$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.03$0.37$1.65$2.18$1.55$0.63
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.18$0.81$2.60$2.66$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.03$0.82$2.24$2.16$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$2.04$1.99$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$1.82$1.72$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$1.67$1.63$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$1.34$1.21$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.04$0.93$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.61
2010Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.66$0.56$0.11