Civic Intelligence

Red Bean Cantonese Opera Inc

990EZ • Fiscal year 2015 • EIN 80-0705540

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 12, 2016

192 - 10th StreetOakland, CA 94607

(925) 819-1790

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

87th percentile

36%

Higher net margin than 87% of similar nonprofits.

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

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

12th percentile

-40%

Faster revenue growth than 12% of similar nonprofits.

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

Assets

Up

$52,476

Up $16,537 (+46%) from 2014

Net Assets

Up

$52,476

Up $16,537 (+46%) from 2014

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Down

$45,792

Down $30,955 (-40%) from 2014

Expenses

Down

$29,255

Down $40,558 (-58%) from 2014

Net Income

Up

$16,537

Up $9,603 (+138%) from 2014

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $10,959Liabilities 2011: $0Net Assets 2011: $10,9592011Assets 2012: $24,804Liabilities 2012: $11,145Net Assets 2012: $13,6592012Assets 2013: $25,105Liabilities 2013: $7,800Net Assets 2013: $17,3052013Assets 2014: $35,939Net Assets 2014: $35,9392014Assets 2015: $52,476Liabilities 2015: $0Net Assets 2015: $52,4762015Assets 2016: $47,687Net Assets 2016: $47,6872016Assets 2017: $55,323Net Assets 2017: $55,3232017Assets 2018: $45,894Net Assets 2018: $45,8942018Assets 2019: $47,565Net Assets 2019: $47,5652019Assets 2020: $48,044Net Assets 2020: $48,0442020Assets 2021: $52,606Net Assets 2021: $52,6062021

Highlighted filing

2015

Assets$52,476
Liabilities$0
Net Assets$52,476

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $47,432Expenses 2011: $36,473Net Income 2011: $10,9592011Expenses 2012: $55,4562012Revenue 2013: $68,586Expenses 2013: $64,940Net Income 2013: $3,6462013Revenue 2014: $76,747Expenses 2014: $69,813Net Income 2014: $6,9342014Revenue 2015: $45,792Expenses 2015: $29,255Net Income 2015: $16,5372015Revenue 2016: $73,529Expenses 2016: $78,318Net Income 2016: -$4,7892016Revenue 2017: $65,209Expenses 2017: $57,573Net Income 2017: $7,6362017Revenue 2018: $55,359Expenses 2018: $64,788Net Income 2018: -$9,4292018Revenue 2019: $29,167Expenses 2019: $27,496Net Income 2019: $1,6712019Revenue 2020: $17,140Expenses 2020: $16,661Net Income 2020: $4792020Revenue 2021: $21,607Expenses 2021: $17,045Net Income 2021: $4,5622021

Highlighted filing

2015

Revenue$45,792
Expenses$29,255
Net Income$16,537
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 12, 2016
Return Version
2015v2.0
Gross Receipts
$45,792
Mission and Program Overview

Mission

Since its founding in 1996, Red Bean Opera has hosted a series of classes that have trained more than 60 youths & young adults in the fundamentals of Cantonese Opera, produced & participated in more than 48 operatic events, including the staging of 7 full-length operas, and has sponsored & joined in numerous charitable activities, principally on behalf of the elderly and for disaster relief

Since its founding in 1996, Red Bean Opera has hosted a series of classes that have trained more than 55 youths & young adults in the fundamentals of Cantonese Opera, produced & participated in more than 46 operatic events, including the staging of 6 full-length operas, and has sponsored & joined in numerous charitable activities, principally on behalf of the elderly and for disaster relief

Program Services

DescriptionGrantsExpenses
Live Performances: Red Bean Opera views live performance of Cantonese Opera as a whorthwhile goal in itself but also regards the producing of operatic events as a natural extension of its programs of education, training and rehearsal because of the opportunities provided the students in its youth programs to acquire actual stage experience. Since its founding, Red Bean Opera has produced & Participated inmore than 46 live operatic events in venues throughout the great San Francisco BayArea$16,755-
Youth Training Programs: Since the 1997 formation of the first "Little Red Bean" group, the troupe's academic program, now operating under the ensembles of the "Red Bean Youth Troupe" and "Red Bean Youth Dancers", have proven to be one of the opera company's most successful endeavors. More than 55 youths from ages 7 through 20 have passed through the classes offered in the fundamentals of operatic technique,including acting, stage movement and martial arts; beginning and advanced dance technique; singing and recitative technique, and costuming and cosmetics for the operatic stage. All Youth Troupe and Youth Dancers students have appeared in live performances; some have matured into leading roles. One has joined the Red Bean Opera faculty as a teaching assisstant.--
Services for the Elderly: Since 2002, Red Bean Opera has contributed more than $26,000 in free admissions to its live performances to Seniors residing in Oakland and San Francisco, while additionally funding, in partnership with the troupe's supporters, more than $4,000 in bus transportation for the elderly to these events--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JING LIANGPresident-$0--
LINDA LEEVice President-$0--
LAURA MATreasurer-$0--
PINKY LEESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Red Bean Cantonese Opera Inc
EIN
80-0705540
Phone
9258191790
Address
192 - 10TH STREET, OAKLAND, CA 94607

Signing Officer

Name
Jing Liang
Title
President
Signed
2016-08-12
Discuss with paid preparer
Yes

Preparer

Firm
Samuel Ng CPA
Address
950 Stockton St Suite 403, San Francisco, CA 94108-1616
Preparer
Samuel Ng CPA
Phone
4153927733
Supplemental Narrative

Additional Explanations

Other Revenue.1

Funding From Reserve $13100

Other Revenue.2

Outfit&Accessories Sales $127

Other Expenses.1012

Insurance $1355

Other Expenses.1

Annual Opera Performance Exp $9755

Other Expenses.2

Operating Expenses $9081

Other Expenses.3

Administrative Supplies & Exp $562

Other Expenses.4

Youth Training Expenses $425

Other Expenses.5

Donations $150

Other Expenses.6

Business Tax $10

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Funding From Reserve $13100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Outfit&Accessories Sales $127
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Annual Opera Performance Exp $9755
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ReturnHeader/BuildTS02016-12-15 16:53:06Z
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ReturnHeader/TaxYr02015

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