Civic Intelligence

Residency

990EZ • Fiscal year 2020 • EIN 80-0554997

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 28, 2021

6008 Fayette StreetLos Angeles, CA 90042

(714) 469-6222

Siviq Scores

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

Liabilities / Assets

89th percentile

0.58x

Higher debt load relative to assets than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.16x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-15%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

87th percentile

$30,635

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 29.4% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

74th percentile

32%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

-20%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$29,104

Up $7,126 (+32%) from 2019

Net Assets

Down

$12,080

Down $790 (-6.1%) from 2019

Liabilities

Up

$17,024

Up $7,916 (+87%) from 2019

Revenue

Down

$104,266

Down $25,813 (-20%) from 2019

Expenses

Down

$119,584

Down $11,700 (-8.9%) from 2019

Net Income

Down

-$15,318

Down $14,113 (-1171%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2014: $16,500Liabilities 2014: $0Net Assets 2014: $16,5002014Assets 2015: $11,617Liabilities 2015: $0Net Assets 2015: $11,6172015Assets 2016: $16,411Liabilities 2016: $1,613Net Assets 2016: $14,7982016Assets 2017: $25,693Liabilities 2017: $7,932Net Assets 2017: $17,7612017Assets 2018: $17,411Liabilities 2018: $3,337Net Assets 2018: $14,0742018Assets 2019: $21,978Liabilities 2019: $9,108Net Assets 2019: $12,8702019Assets 2020: $29,104Liabilities 2020: $17,024Net Assets 2020: $12,0802020Assets 2021: $27,713Liabilities 2021: $19,655Net Assets 2021: $8,0582021Assets 2022: $54,340Liabilities 2022: $21,339Net Assets 2022: $33,0012022Assets 2023: $43,387Liabilities 2023: $18,904Net Assets 2023: $24,4832023Assets 2024: $41,629Liabilities 2024: $19,369Net Assets 2024: $22,2602024

Highlighted filing

2020

Assets$29,104
Liabilities$17,024
Net Assets$12,080

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2014: $92,255Expenses 2014: $91,128Net Income 2014: $1,1272014Revenue 2015: $92,297Expenses 2015: $99,940Net Income 2015: -$7,6432015Revenue 2016: $130,016Expenses 2016: $126,410Net Income 2016: $3,6062016Revenue 2017: $101,158Expenses 2017: $98,195Net Income 2017: $2,9632017Revenue 2018: $108,601Expenses 2018: $112,289Net Income 2018: -$3,6882018Revenue 2019: $130,079Expenses 2019: $131,284Net Income 2019: -$1,2052019Revenue 2020: $104,266Expenses 2020: $119,584Net Income 2020: -$15,3182020Revenue 2021: $134,461Expenses 2021: $137,729Net Income 2021: -$3,2682021Revenue 2022: $224,244Expenses 2022: $195,287Net Income 2022: $28,9572022Revenue 2023: $251,528Expenses 2023: $246,013Net Income 2023: $5,5152023Revenue 2024: $293,428Expenses 2024: $291,144Net Income 2024: $2,2842024

Highlighted filing

2020

Revenue$104,266
Expenses$119,584
Net Income-$15,318
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 28, 2021
Return Version
2020v4.1
Gross Receipts
$196,164
Mission and Program Overview

Mission

SEE ATTACHED

Program Services

DescriptionGrantsExpenses
SEE ATTACHED-$119,584
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TYLER PATTERSONCEOFT$30,635-$30,635
HUGH HUGHESPresidentFT$28,981-$28,981
Filing and Contact Details

Filer

Filer Name
Povertees
EIN
80-0554997
Address
6008 FAYETTE STREET, LOS ANGELES, CA 90042

Signing Officer

Name
Hugh Hughes Iv
Title
President
Phone
7145262668
Signed
2021-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Pel & Associates
Address
10833 Valley View Street Suite 520, CYPRESS, CA 90630
Preparer
Kari Pel
Phone
7145262668
Supplemental Narrative

Additional Explanations

General explanation attachment

Exempt purpose: povertees, dba residency, is a non-profit social enterprise that provides employment to individuals transitioning into permanent housing to work within a supportive commuinity. We pursue this goal through employment opportunities for unhoused and women that are transitioning into permanent housing in downtown los angeles, and by providing a supportive community that allows them the chance to help themselves and in turn help others. .we sustained supportive employment for 1 individual, over 1,100 hours of employment, as we transition her now into full-time staff. This employee also finished her ged and started college in the fall of 2019. They work to continue to provide and support themselves now in the present and better their opportunities for the future. Our supportive employment also incorporates paid tutoring for our employee(s) that choose to utilize the program (which our employee did nearly every week), financial training on personal finances and guidance as they seek to navigate accrued debt from their time during their experience with homelessness, and other holistic support as they continue to navigate this new chapter in life. .we engaged with hundreds of supporters, donors, and businesses about the problems surrounding the unhoused and in turn providing them with deeper insight into the complexity of said issues, especially in light of a global pandemic..during covid, we were able to keep our entire staff on payroll without pay cuts or interruption, provide paid access to mential health services for our employees, and bring on two new part-time staff members.

Description of other expenses Part I line 16

Description amountdues and subscriptions 5,281insurance 934licenses and permits 75supplies 406parking 29payroll service 900payroll taxes 6,277accounting 425repairs 220sales tax 2,843supplies 675travel 241website 28advertising 56bank and merchant fees 3,033meals 1,166interest paid 1,465other taxes 35office exp 1,008

Other changes in net assets or fund balances Part I line 20

Description amountppp loan forgiven 14,844adj (316)

Description of total liabilities Part II line 26

Category beginning of year end of yearcredit card 9,108 17,024

Raw XML Appendix159 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXEMPT PURPOSE: POVERTEES, DBA RESIDENCY, IS A NON-PROFIT SOCIAL ENTERPRISE THAT PROVIDES EMPLOYMENT TO INDIVIDUALS TRANSITIONING INTO PERMANENT HOUSING TO WORK WITHIN A SUPPORTIVE COMMUINITY. WE PURSUE THIS GOAL THROUGH EMPLOYMENT OPPORTUNITIES FOR UNHOUSED AND WOMEN THAT ARE TRANSITIONING INTO PERMANENT HOUSING IN DOWNTOWN LOS ANGELES, AND BY PROVIDING A SUPPORTIVE COMMUNITY THAT ALLOWS THEM THE CHANCE TO HELP THEMSELVES AND IN TURN HELP OTHERS. .WE SUSTAINED SUPPORTIVE EMPLOYMENT FOR 1 INDIVIDUAL, OVER 1,100 HOURS OF EMPLOYMENT, AS WE TRANSITION HER NOW INTO FULL-TIME STAFF. THIS EMPLOYEE ALSO FINISHED HER GED AND STARTED COLLEGE IN THE FALL OF 2019. THEY WORK TO CONTINUE TO PROVIDE AND SUPPORT THEMSELVES NOW IN THE PRESENT AND BETTER THEIR OPPORTUNITIES FOR THE FUTURE. OUR SUPPORTIVE EMPLOYMENT ALSO INCORPORATES PAID TUTORING FOR OUR EMPLOYEE(S) THAT CHOOSE TO UTILIZE THE PROGRAM (WHICH OUR EMPLOYEE DID NEARLY EVERY WEEK), FINANCIAL TRAINING ON PERSONAL FINANCES AND GUIDANCE AS THEY SEEK TO NAVIGATE ACCRUED DEBT FROM THEIR TIME DURING THEIR EXPERIENCE WITH HOMELESSNESS, AND OTHER HOLISTIC SUPPORT AS THEY CONTINUE TO NAVIGATE THIS NEW CHAPTER IN LIFE. .WE ENGAGED WITH HUNDREDS OF SUPPORTERS, DONORS, AND BUSINESSES ABOUT THE PROBLEMS SURROUNDING THE UNHOUSED AND IN TURN PROVIDING THEM WITH DEEPER INSIGHT INTO THE COMPLEXITY OF SAID ISSUES, ESPECIALLY IN LIGHT OF A GLOBAL PANDEMIC..DURING COVID, WE WERE ABLE TO KEEP OUR ENTIRE STAFF ON PAYROLL WITHOUT PAY CUTS OR INTERRUPTION, PROVIDE PAID ACCESS TO MENTIAL HEALTH SERVICES FOR OUR EMPLOYEES, AND BRING ON TWO NEW PART-TIME STAFF MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTDUES AND SUBSCRIPTIONS 5,281INSURANCE 934LICENSES AND PERMITS 75SUPPLIES 406PARKING 29PAYROLL SERVICE 900PAYROLL TAXES 6,277ACCOUNTING 425REPAIRS 220SALES TAX 2,843SUPPLIES 675TRAVEL 241WEBSITE 28ADVERTISING 56BANK AND MERCHANT FEES 3,033MEALS 1,166INTEREST PAID 1,465OTHER TAXES 35OFFICE EXP 1,008
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTPPP LOAN FORGIVEN 14,844ADJ (316)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARCREDIT CARD 9,108 17,024
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
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ReturnHeader/ReturnTs02021-11-15T14:57:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
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