Civic Intelligence

Legacy Youth Leadership International

990 • Fiscal year 2017 • EIN 81-2177352

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

5478 Wilshire BlvdLos Angeles, CA 90036

(323) 746-5117

Siviq Scores

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

Liabilities / Assets

96th percentile

1.41x

Higher debt load relative to assets than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

65th percentile

0.22x

Higher debt load relative to revenue than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

29th percentile

-3.9%

Higher net margin than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

99th percentile

376%

Faster asset growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

90th percentile

73%

Faster revenue growth than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$211,380

Up $167,014 (+376%) from 2016

Net Assets

Down

-$85,786

Down $52,343 (-157%) from 2016

Liabilities

Up

$297,166

Up $219,357 (+282%) from 2016

Revenue

Up

$1,351,469

Up $571,464 (+73%) from 2016

Expenses

Up

$1,403,812

Up $590,364 (+73%) from 2016

Net Income

Down

-$52,343

Down $18,900 (-57%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2016: $44,366Liabilities 2016: $77,809Net Assets 2016: -$33,4432016Assets 2017: $211,380Liabilities 2017: $297,166Net Assets 2017: -$85,7862017Assets 2018: $143,502Liabilities 2018: $234,461Net Assets 2018: -$90,9592018Assets 2019: $238,100Liabilities 2019: $971,993Net Assets 2019: -$733,8932019Assets 2020: $74,904Liabilities 2020: $990,802Net Assets 2020: -$915,8982020Assets 2021: $104,348Liabilities 2021: $781,872Net Assets 2021: -$677,5242021Assets 2022: $341,180Liabilities 2022: $904,053Net Assets 2022: -$562,8732022Assets 2023: $561,086Liabilities 2023: $819,916Net Assets 2023: -$258,8302023Assets 2024: $529,979Liabilities 2024: $779,584Net Assets 2024: -$249,6052024

Highlighted filing

2017

Assets$211,380
Liabilities$297,166
Net Assets-$85,786

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $780,005Expenses 2016: $813,448Net Income 2016: -$33,4432016Revenue 2017: $1,351,469Expenses 2017: $1,403,812Net Income 2017: -$52,3432017Revenue 2018: $2,099,503Expenses 2018: $2,104,676Net Income 2018: -$5,1732018Revenue 2019: $2,277,897Expenses 2019: $2,365,895Net Income 2019: -$87,9982019Revenue 2020: $1,663,214Expenses 2020: $1,512,087Net Income 2020: $151,1272020Revenue 2021: $1,774,661Expenses 2021: $1,536,287Net Income 2021: $238,3742021Revenue 2022: $2,023,184Expenses 2022: $1,908,533Net Income 2022: $114,6512022Revenue 2023: $2,268,114Expenses 2023: $1,964,071Net Income 2023: $304,0432023Revenue 2024: $1,950,271Expenses 2024: $1,941,046Net Income 2024: $9,2252024

Highlighted filing

2017

Revenue$1,351,469
Expenses$1,403,812
Net Income-$52,343
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.2
Gross Receipts
$1,533,182
Mission and Program Overview

Mission

Thirst project support is a nonprofit organization that is working to build asocially-conscious & active generation of young people. Thirst project supportprovides free educational & activism programs, leadership coaching & mentoring toyoung people to supplement students' existing school & youth development . Thirstsupport also provides administrative & operational support to the thirst project.

Providing Administrative and Logistical Support to The Thirst Project

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$41,000$163,164▲ $122,164
Land, Buildings, and Equipment, Net-$76,258-
Prepaid Expenses and Deferred Charges-$68,910-
Cash and Non-Interest-Bearing Accounts$44,366$66,212▲ $21,846
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-
Inventories for Sale or Use-$0-
Rtn Earn Endowment Incm Other Fnds$-33,443$-85,786▼ $52,343
Total Assets$44,366$211,380▲ $167,014
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$71,596-
Unsecured Notes Loans Payable-$35,000-
Accounts Payable and Accrued Expenses$36,809$27,406▼ $9,403
Total Liabilities$77,809$297,166▲ $219,357
Net Assets / Fund Balance
Total Net Assets Fund Balance$-33,443$-85,786▼ $52,343
Total Liabilities and Net Assets / Fund Balance$44,366$211,380▲ $167,014

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$76,258$8,430$84,688
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Seth MaxwellPresidentFT$76,350$76,350

Board Members and Trustees

NameTitle
Michelle O'DroskeChair
Jason FryVice Chair
Amy GlassBoard Member
Andrea RuppBoard Member
Becky GlassBoard Member
Joey FullerBoard Member
Karen RabonBoard Member
Mack CornwellBoard Member
Pauly PerretteBoard Member
TS NowlinBoard Member
Tina SilvestriBoard Member
Phil JesseSecretary
Robbie BrennerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,378,921
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-27,452
All Other Contributions
$1,378,921
Change in Net Assets
$-52,343
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,042,978
Salaries, Compensation, and Employee Benefits$359,934
Total Fundraising Expense$55,466
Grants and Similar Amounts Paid$900
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$114,098$114,097-$228,195
Other Salaries and Wages$91,422$88,422-$179,844
All Other Expenses-$83,429$45,565$128,994
Current Officers, Directors, Trustees, and Key Employees$56,513$19,837-$76,350
Occupancy$31,678$31,678-$63,356
Payroll Taxes$28,748$28,747-$57,495
Other Employee Benefits$18,216$18,216-$36,432
Other Expenses$31,676$28,700$1,056$29,756
Travel-$19,863$8,845$28,708
Office Expenses$14,115$14,115-$28,230
Information Technology$9,827$9,827-$19,654
Fees for Services Accounting-$15,900-$15,900
Pension Plan Contributions$4,907$4,906-$9,813
Depreciation Depletion-$8,430-$8,430
Insurance-$3,401-$3,401
Fees for Services Legal-$1,800-$1,800
Grants to Domestic Orgs$900--$900
Total Functional Expenses$856,978$491,368$55,466$1,403,812
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$180,886
Fundraising Gross Income$132,290
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$132,290$132,290$38,453$93,837
Total Events$132,290$132,290$180,886$-48,596
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$41,000$163,164▲ $122,164
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
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Board Members Becky Glass and Amy Glass are sisters.

Form 990, Part VI, Line 11B: Form 990 Review Process

A meeting of the board of directors will be scheduled to review the 990 prior to filing.

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

ALL MAJOR STRATEGY AND BUSINESS DECISIONS ARE BOARD APPROVED. The year's activities are reviewed at the year end board meeting. The board is trained in conflict of interest.

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

Changes in executive and key employee compensation are subject to a compensation committee using a compensation survey. Any agreed upon changes made by the compensation committee are detailed in a written contract.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Changes in executive and key employee compensation are subject to a compensation committee using a compensation survey. Any agreed upon changes made by the compensation committee are detailed in a written contract.

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

The organization makes its Form 990, organizational documents, and Form 1023 available upon request.

Filing and Contact Details

Filer

Filer Name
Thirst Project Support
EIN
81-2177352
Phone
3237465117
Address
5478 Wilshire Blvd, Los Angeles, CA 90036

Signing Officer

Name
Seth Maxwell
Title
President
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Seth Maxwell
Formed
2016
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
13
Employees
1
Volunteers
100

Preparer

Firm
Beeson Hoffman & Siddall Inc
Address
500 North Central Ave Suite 325, Glendale, CA 91203
Preparer
Harry Beeson
Phone
8182408322
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IRS990/InsuranceGrp/ManagementAndGeneralAmt03401
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MissionDesc0Providing Administrative and Logistical Support to The Thirst Project
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt071596
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IRS990/OccupancyGrp/ManagementAndGeneralAmt031678
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IRS990/OccupancyGrp/TotalAmt063356
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014115
IRS990/OfficeExpensesGrp/ProgramServicesAmt014115
IRS990/OfficeExpensesGrp/TotalAmt028230
IRS990/OfficerMailingAddressInd0false
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018216
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IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0111034
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02184068
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IRS990ScheduleD/EquipmentGrp/BookValueAmt076258
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08430
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0180886
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0100573
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0100573
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0132290
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0132290
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt038453
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt038453
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt041860

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