Civic Intelligence

Innovative Changes

990 • Fiscal year 2015 • EIN 80-0516996

Jul 01, 2014 to Jun 30, 2015 • Filed on Mar 24, 2016

2027 Lloyd CenterPortland, OR 97232

(503) 249-5205

Siviq Scores

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

Liabilities / Assets

81st percentile

0.17x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

96th percentile

$71,508

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

45th percentile

-0.3%

Faster asset growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

95th percentile

148%

Faster revenue growth than 95% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$403,166

Down $58,198 (-13%) from 2013

Net Assets

Down

$335,444

Down $31,147 (-8.5%) from 2013

Liabilities

Down

$67,722

Down $27,051 (-29%) from 2013

Revenue

$469,457

No earlier filing loaded for comparison.

Expenses

Up

$365,606

Up $45,302 (+14%) from 2013

Net Income

$103,851

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $355,963Liabilities 2011: $113,717Net Assets 2011: $242,2462011Assets 2012: $413,795Liabilities 2012: $205,523Net Assets 2012: $208,2722012Assets 2013: $461,364Liabilities 2013: $94,773Net Assets 2013: $366,5912013Assets 2015: $403,166Liabilities 2015: $67,722Net Assets 2015: $335,4442015Assets 2017: $396,588Liabilities 2017: $277,165Net Assets 2017: $119,4232017Assets 2018: $437,626Liabilities 2018: $397,861Net Assets 2018: $39,7652018Assets 2019: $517,718Liabilities 2019: $586,859Net Assets 2019: -$69,1412019Assets 2020: $367,695Liabilities 2020: $545,711Net Assets 2020: -$178,0162020

Highlighted filing

2015

Assets$403,166
Liabilities$67,722
Net Assets$335,444

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2011: $213,4812011Expenses 2012: $274,1712012Expenses 2013: $320,3042013Revenue 2015: $469,457Expenses 2015: $365,606Net Income 2015: $103,8512015Revenue 2017: $230,509Expenses 2017: $446,303Net Income 2017: -$215,7942017Revenue 2018: $223,938Expenses 2018: $303,596Net Income 2018: -$79,6582018Revenue 2019: $156,392Expenses 2019: $264,975Net Income 2019: -$108,5832019Revenue 2020: $135,591Expenses 2020: $245,092Net Income 2020: -$109,5012020

Highlighted filing

2015

Revenue$469,457
Expenses$365,606
Net Income$103,851
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Mar 24, 2016
Return Version
2014v6.0
Gross Receipts
$469,457
Mission and Program Overview

Mission

Our mission is to help people build their long-term financial health. Our vision is a society where all people have access to safe, affordable financial products and services and the ability to use them well. Our guiding principles work to advance economic justice for those disenfranchised and excluded by the mainstream financial services sector, celebrate the diverse cultures of our communities by implementing culturally responsive programming and we commit to building a strong, financially sustainable organization.

Innovative changes helps people build their long term financial health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$360,211$177,678▼ $182,533
Pledges and Grants Receivable-$82,185-
Cash and Non-Interest-Bearing Accounts$1,193$67,033▲ $65,840
Other Notes and Loans Receivable, Net$40,477$50,068▲ $9,591
Accounts Receivable$1,205$11,912▲ $10,707
Prepaid Expenses and Deferred Charges-$8,167-
Land, Buildings, and Equipment, Net$1,491$6,123▲ $4,632
Total Assets$404,577$403,166▼ $1,411
Liabilities
Deferred Revenue$95,161$0▼ $95,161
Other Liabilities$17,360$31,708▲ $14,348
Mortgage Notes Payable Secured by Investment Property$50,000$25,000▼ $25,000
Accounts Payable and Accrued Expenses$10,462$11,014▲ $552
Total Liabilities$172,983$67,722▼ $105,261
Net Assets / Fund Balance
Unrestricted Net Assets$164,581$189,335▲ $24,754
Temporarily Rstr Net Assets-$92,185-
Permanently Rstr Net Assets$67,013$53,924▼ $13,089
Total Net Assets Fund Balance$231,594$335,444▲ $103,850
Total Liabilities and Net Assets / Fund Balance$404,577$403,166▼ $1,411

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,903$8,547$14,450
Equipment$220$8,191$8,411
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy YuillExecutive DirectorFT$63,000$8,508$71,508

Board Members and Trustees

NameTitle
Rosanne MarmorPresident
Felicia Tripp-folsomDirector
Kevork IsikbayDirector
Prashant VarmaDirector
Sarah ChenvenDirector
Amy YoungfleshSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$394,473
Program Service Revenue
$74,810
Investment Income
$174
Other Revenue
$0
All Other Contributions
$394,473
Change in Net Assets
$103,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$256,101
Other Expenses$109,505
Total Fundraising Expense$19,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,561$14,168$8,481$142,210
Current Officers, Directors, Trustees, and Key Employees$60,119$7,124$4,264$71,507
Occupancy$23,495$2,466$1,298$27,259
Other Employee Benefits$17,239$2,043$1,223$20,505
Payroll Taxes$15,253$1,807$1,082$18,142
Office Expenses$15,522$1,164$854$17,540
Fees for Services Accounting$6,708$696$366$7,770
Travel$6,272$400$210$6,882
Conferences and Meetings$5,036--$5,036
Depreciation Depletion$3,252$385$231$3,868
Pension Plan Contributions$3,142$372$223$3,737
Insurance$2,167$227$120$2,514
Advertising$1,452$152$80$1,684
Fees for Services Other$1,332$138$73$1,543
Other Expenses$1,480$1,185$25$1,480
Fees for Services Legal$85$9$5$99
Total Functional Expenses$314,004$32,413$19,189$365,606
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 Security Holdback$31,708
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Section B, Line 11

The treasurer and the executive director review it before it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

The policy is reviewed annually with all members of the board of directors and the executive director.

Form 990, Part VI, Section B, Line 15

The compensation for the executive director was determined by the board of directors as part of her performance review along with use of camparability data.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Innovative Changes
EIN
80-0516996
Phone
5032495205
Address
2027 LLOYD CENTER, PORTLAND, OR 97232

Signing Officer

Name
Nancy Yuill
Title
Executive Director
Phone
5032495205
Signed
2016-03-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Yuill
Formed
2009
Legal Domicile
Or
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
56

Preparer

Firm
Mcdonald Jacobs Pc
Address
520 SW YAMHILL ST STE 500, PORTLAND, OR 97204
Preparer
Sang Ahn
Phone
5032270581
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year

Financial Statement Notes

PART X, LINE 2:

The organization follows the provisions of fasb asc topic accounting for uncertainty in income taxes. Management has evaluated the organization's tax positions and concluded that there are no uncertain tax positions that require adjustment to the financial statements to comply with provisions of this topic.

Raw XML AppendixShowing 400 of 452 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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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt213592
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt123368
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt213592
IRS990/ProgSrvcAccomActy2Grp/Desc0FINANCIAL EDUCATION - WE PROVIDE PRACTICAL, COMPREHENSIVE FINANCIAL WORKSHOPS AND COACHING THAT HELPS HOUSEHOLDS TAKE CONTROL OF THEIR FINANCES AND DEVELOP POSITIVE SPENDING AND SAVINGS HABITS. IN FISCAL YEAR 2015 WE HELPED OVER 1,000 ADULTS AND 350 YOUTH MAKE REAL BEHAVIOR CHANGE IN THEIR FINANCIAL CAPABILITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt097064
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt023368
IRS990/ProgSrvcAccomActy3Grp/Desc0CREDIT BUILDING - WE HELPED OVER 320 CLIENTS TAKE CONTROL OF THEIR CREDIT AND BUILD STRONG CREDIT SCORES TO INCREASE THEIR ACCESS TO WELL-PRICED ASSET-CREATING CREDIT, SUCH AS HOME MORTGAGES, SMALL BUSINESS LOANS AND HIGHER EDUCATION LOANS. OUR COACHING AND CREDIT BUILDER LOANS HELP PEOPLE WITH NO CREDIT SCORE ESTABLISH A SOLID BASIS FOR RESPONSIBLE BORROWING, AND THEY AVERAGE A SCORE OF 677 AFTER ONE YEAR WITH US. IF A BORROWER HAS A LOW SCORE WHEN THEY START WITH US THEY USUALLY GAIN 42 POINTS AFTER WORKING WITH US FOR ONE YEAR.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt069955
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt037850
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ASSET BUILDING-OUR MATCHED SAVINGS PROGRAM MOBILIZES STATE AND FEDERAL FUNDS TO ACCELERATE OUR SAVERS' INVESTMENT IN POST SECONDARY EDUCATION. WE HAVE 105 SAVERS IN THE PROGRAM AND 9 GRADUATES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt066674
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0130215
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt069
IRS990/PYOtherExpensesAmt0107257
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt059280
IRS990/PYRevenuesLessExpensesAmt0-134997
IRS990/PYSalariesCompEmpBnftPaidAmt0217304
IRS990/PYTotalExpensesAmt0324561
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0189564
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0103851
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013592
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0360211
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0177678
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0394473
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0130215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0441900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0165486
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0299925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01431999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt069
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0387
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0685
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0245
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01560
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0230549
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0492
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02019
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02511
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90830
IRS990ScheduleA/PublicSupportPY170Pct00.88980
IRS990ScheduleA/PublicSupportTotal170Amt01304441
IRS990ScheduleA/SubstantialContributorsTotAmt0127558
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0394473
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0130215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0441900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0165486
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0299925
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01431999
IRS990ScheduleA/TotalSupportAmt01436070
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08191
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08411
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05903
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08547
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031708
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN SECURITY HOLDBACK
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS TOPIC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06123
IRS990ScheduleD/TotalLiabilityAmt031708
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER AND THE EXECUTIVE DIRECTOR REVIEW IT BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS REVIEWED ANNUALLY WITH ALL MEMBERS OF THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS DETERMINED BY THE BOARD OF DIRECTORS AS PART OF HER PERFORMANCE REVIEW ALONG WITH USE OF CAMPARABILITY DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt092185
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0404577
IRS990/TotalAssetsEOYAmt0403166
IRS990/TotalAssetsGrp/BOYAmt0404577
IRS990/TotalAssetsGrp/EOYAmt0403166
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0394473
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019189
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032413
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0314004
IRS990/TotalFunctionalExpensesGrp/TotalAmt0365606
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0172983
IRS990/TotalLiabilitiesEOYAmt067722
IRS990/TotalLiabilitiesGrp/BOYAmt0172983
IRS990/TotalLiabilitiesGrp/EOYAmt067722
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0231594
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0335444
IRS990/TotalOtherCompensationAmt08508
IRS990/TotalOtherProgSrvcExpenseAmt066674
IRS990/TotalProgramServiceExpensesAmt0314004
IRS990/TotalProgramServiceRevenueAmt074810
IRS990/TotalReportableCompFromOrgAmt063000
IRS990/TotalRevenueGrp/ExclusionAmt0174

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