Civic Intelligence

Clean Label Project Foundation

990 • Fiscal year 2020 • EIN 81-1559522

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 14, 2021

280 E 1st Ave 873Broomfield, CO 80038-0873

(734) 678-9871

Siviq Scores

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

Liabilities / Assets

99th percentile

6.09x

Higher debt load relative to assets than 99% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

2.66x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

22nd percentile

-19%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

99th percentile

$195,172

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 51.1% of source-year revenue.

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

Asset Growth

84th percentile

72%

Faster asset growth than 84% of similar nonprofits.

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

Revenue Growth

94th percentile

113%

Faster revenue growth than 94% of similar nonprofits.

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

Assets

Up

$166,617

Up $69,708 (+72%) from 2019

Net Assets

Up

-$848,566

Up $35,173 (+4.0%) from 2019

Liabilities

Up

$1,015,183

Up $34,535 (+3.5%) from 2019

Revenue

Up

$381,926

Up $202,921 (+113%) from 2019

Expenses

Down

$455,432

Down $48,078 (-9.5%) from 2019

Net Income

Up

-$73,506

Up $250,999 (+77%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2016: $36,359Liabilities 2016: $384,5962016Assets 2017: $62,928Liabilities 2017: $509,619Net Assets 2017: -$446,6912017Assets 2018: $44,960Liabilities 2018: $689,534Net Assets 2018: -$644,5742018Assets 2019: $96,909Liabilities 2019: $980,648Net Assets 2019: -$883,7392019Assets 2020: $166,617Liabilities 2020: $1,015,183Net Assets 2020: -$848,5662020Assets 2021: $139,946Liabilities 2021: $987,848Net Assets 2021: -$847,9022021Assets 2022: $256,776Liabilities 2022: $1,029,298Net Assets 2022: -$772,5222022Assets 2023: $567,354Liabilities 2023: $1,181,995Net Assets 2023: -$614,6412023

Highlighted filing

2020

Assets$166,617
Liabilities$1,015,183
Net Assets-$848,566

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $3,450Expenses 2016: $369,043Net Income 2016: -$365,5932016Revenue 2017: $246,836Expenses 2017: $346,955Net Income 2017: -$100,1192017Revenue 2018: $75,761Expenses 2018: $366,474Net Income 2018: -$290,7132018Revenue 2019: $179,005Expenses 2019: $503,510Net Income 2019: -$324,5052019Revenue 2020: $381,926Expenses 2020: $455,432Net Income 2020: -$73,5062020Revenue 2021: $533,795Expenses 2021: $512,862Net Income 2021: $20,9332021Revenue 2022: $545,626Expenses 2022: $420,513Net Income 2022: $125,1132022Revenue 2023: $720,193Expenses 2023: $562,312Net Income 2023: $157,8812023

Highlighted filing

2020

Revenue$381,926
Expenses$455,432
Net Income-$73,506
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 14, 2021
Return Version
2020v4.1
Gross Receipts
$381,926
Mission and Program Overview

Mission

Promote health and transparency in consumer product labeling to educate the public regarding contaminants found in consumer food products

To educate consumers regarding toxins found in consumer products in order for them to make informed choices

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$54,368$100,570▲ $46,202
Land, Buildings, and Equipment, Net$6,932$35,299▲ $28,367
Accounts Receivable$0$24,065▲ $24,065
Prepaid Expenses and Deferred Charges$2,431$6,683▲ $4,252
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$96,909$166,617▲ $69,708
Other Assets Total$33,178$0▼ $33,178
Liabilities
Accounts Payable and Accrued Expenses$498,496$501,137▲ $2,641
Other Liabilities$283,299$400,242▲ $116,943
Mortgage Notes Payable Secured by Investment Property$198,853$113,804▼ $85,049
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$980,648$1,015,183▲ $34,535
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-883,739$-848,566▲ $35,173
Total Net Assets Fund Balance$-883,739$-848,566▲ $35,173
Total Liabilities and Net Assets / Fund Balance$96,909$166,617▲ $69,708

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$35,299$11,766$47,065
Equipment$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jaclyn M BowenExecutive DirectorFT$177,942$28,086$206,028

Board Members and Trustees

NameTitle
Tisha DeeghanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$169,449
Program Service Revenue
$217,386
Investment Income
$0
Other Revenue
$-4,909
All Other Contributions
$169,449
Change in Net Assets
$-73,506
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$237,547
Salaries, Compensation, and Employee Benefits$217,885
Total Fundraising Expense$166,265
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$82,411$82,411$41,206$206,028
Advertising-$32,419$108,679$141,098
Fees for Services Other$26,085--$26,085
Depreciation Depletion$2,758$8,489$11,032$22,279
Fees for Services Legal-$14,076-$14,076
Payroll Taxes$4,743$4,743$2,371$11,857
Insurance-$10,524-$10,524
Office Expenses-$5,471-$5,471
Travel-$4,989-$4,989
Interest-$4,512-$4,512
Information Technology$744$267$2,977$3,988
Fees for Services Accounting-$2,700-$2,700
Other Expenses-$705-$705
Total Functional Expenses$116,741$172,426$166,265$455,432
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due To/from Company With Common Ownership$400,242
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 35% controlled entity
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Question 11

Certification program - perform independent labratory testing of consumer products and provide certification/seal for product packaging to provide consumers assurance of ingredient purity. Online marketplace program - place for consumers to buy the highest performing products. Consulting services program - perform consultation services in conjunction with furthering the purpose of the organization.

Part VI, Section C, Question 19

The organization's governing documents are available to the public upon request.

PART VI, SECTION B, QUESTION 15A

Executive director compensation is determined during annual review with vote by the independent members of the board of directors.

Filing and Contact Details

Filer

Filer Name
Clean Label Project Foundation
EIN
81-1559522
In Care Of
% JILLIAN MOORE
Phone
7346789871
Address
280 E 1ST AVE 873, BROOMFIELD, CO 80038-0873

Signing Officer

Name
Jaclyn Bowen
Title
Executive Director
Phone
7346789871
Signed
2021-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaclyn Bowen
Formed
2016
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
3
Employees
1
Volunteers
7

Preparer

Firm
Marrs Sevier & Company LLC
Address
230 SOUTH HOLLAND STREET, LAKEWOOD, CO 80226
Preparer
Gail W Sevier
Phone
3039226654
Supplemental Narrative

Additional Explanations

Part III , Question 2

Certification program - perform independent labratory testing of consumer products and provide certification/seal for product packaging to provide consumers assurance of ingredient purity. Online marketplace program - place for consumers to buy the highest performing products.

Form 990, Part X - Secured Mortgages and Notes Payable

Lender: loc with affiliated company interest rate: 2.6500% date of note: 12/31/2016 date of maturity: 12/31/2025 repayment terms: forgivable as match on fundraised contributions purpose of loan: provide operating funds during start-up beginning balance due.......$198,853 ending balance due..........$113,804

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IRS990/PYOtherExpensesAmt0264680
IRS990/PYOtherRevenueAmt051695
IRS990/PYProgramServiceRevenueAmt0104680
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IRS990/PYSalariesCompEmpBnftPaidAmt0226267
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IRS990/PYTotalRevenueAmt0179005
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IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0123427
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0169449
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt032658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0249651
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0587241
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt051695
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0850
IRS990ScheduleA/OtherIncome170Grp/TotalAmt052545
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt087293
IRS990ScheduleA/SubstantialContributorsTotAmt0162358
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt032658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0249651
IRS990ScheduleA/TotalSupportAmt0302196
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt035299
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011766
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt047065
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0400242
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO/FROM COMPANY WITH COMMON OWNERSHIP
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035299
IRS990ScheduleD/TotalLiabilityAmt0400242
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010856
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JACLYN M BOWEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED DURING ANNUAL REVIEW WITH VOTE BY THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART 1, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CERTIFICATION PROGRAM - PERFORM INDEPENDENT LABRATORY TESTING OF CONSUMER PRODUCTS AND PROVIDE CERTIFICATION/SEAL FOR PRODUCT PACKAGING TO PROVIDE CONSUMERS ASSURANCE OF INGREDIENT PURITY. ONLINE MARKETPLACE PROGRAM - PLACE FOR CONSUMERS TO BUY THE HIGHEST PERFORMING PRODUCTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CERTIFICATION PROGRAM - PERFORM INDEPENDENT LABRATORY TESTING OF CONSUMER PRODUCTS AND PROVIDE CERTIFICATION/SEAL FOR PRODUCT PACKAGING TO PROVIDE CONSUMERS ASSURANCE OF INGREDIENT PURITY. ONLINE MARKETPLACE PROGRAM - PLACE FOR CONSUMERS TO BUY THE HIGHEST PERFORMING PRODUCTS. CONSULTING SERVICES PROGRAM - PERFORM CONSULTATION SERVICES IN CONJUNCTION WITH FURTHERING THE PURPOSE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LENDER: LOC WITH AFFILIATED COMPANY INTEREST RATE: 2.6500% DATE OF NOTE: 12/31/2016 DATE OF MATURITY: 12/31/2025 REPAYMENT TERMS: FORGIVABLE AS MATCH ON FUNDRAISED CONTRIBUTIONS PURPOSE OF LOAN: PROVIDE OPERATING FUNDS DURING START-UP BEGINNING BALANCE DUE.......$198,853 ENDING BALANCE DUE..........$113,804
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED DURING ANNUAL REVIEW WITH VOTE BY THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III , QUESTION 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, QUESTION 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION C, QUESTION 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART X - SECURED MORTGAGES AND NOTES PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI, SECTION B, QUESTION 15a
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0381926

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