Civic Intelligence

Triton Charitable Foundation Inc.

990 • Fiscal year 2018 • EIN 81-2579771

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

8686 Haven Ave No 340Rancho Cucamonga, CA 91730

(760) 207-6414

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

4th percentile

0.00x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

98th percentile

143%

Faster asset growth than 98% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

92nd percentile

73%

Faster revenue growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$12,645,479

Up $7,447,030 (+143%) from 2017

Net Assets

Up

$12,645,479

Up $7,447,030 (+143%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$6,911,197

Up $2,918,033 (+73%) from 2017

Expenses

Up

$377,665

Up $41,145 (+12%) from 2017

Net Income

Up

$6,533,532

Up $2,876,888 (+79%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2016: $1,541,736Liabilities 2016: $0Net Assets 2016: $1,541,7362016Assets 2017: $5,198,449Liabilities 2017: $0Net Assets 2017: $5,198,4492017Assets 2018: $12,645,479Liabilities 2018: $0Net Assets 2018: $12,645,4792018Assets 2019: $24,630,665Liabilities 2019: $0Net Assets 2019: $24,630,6652019Assets 2020: $33,048,676Liabilities 2020: $0Net Assets 2020: $33,048,6762020Assets 2021: $41,389,678Liabilities 2021: $50Net Assets 2021: $41,389,6282021Assets 2022: $42,715,812Liabilities 2022: $7,338Net Assets 2022: $42,708,4742022Assets 2023: $45,001,081Liabilities 2023: $25Net Assets 2023: $45,001,0562023Assets 2024: $1,344,144Liabilities 2024: $4,133Net Assets 2024: $1,340,0112024

Highlighted filing

2018

Assets$12,645,479
Liabilities$0
Net Assets$12,645,479

Operations Trend

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

$50M$0-$50MRevenue 2016: $1,611,305Expenses 2016: $69,569Net Income 2016: $1,541,7362016Revenue 2017: $3,993,164Expenses 2017: $336,520Net Income 2017: $3,656,6442017Revenue 2018: $6,911,197Expenses 2018: $377,665Net Income 2018: $6,533,5322018Revenue 2019: $6,664,036Expenses 2019: $384,360Net Income 2019: $6,279,6762019Revenue 2020: $4,453,750Expenses 2020: $455,328Net Income 2020: $3,998,4222020Revenue 2021: $2,907,070Expenses 2021: $681,613Net Income 2021: $2,225,4572021Revenue 2022: $2,119,363Expenses 2022: $800,517Net Income 2022: $1,318,8462022Revenue 2023: $285,341Expenses 2023: $250,309Net Income 2023: $35,0322023Revenue 2024: $0Expenses 2024: $44,263,631Net Income 2024: -$44,263,6312024

Highlighted filing

2018

Revenue$6,911,197
Expenses$377,665
Net Income$6,533,532
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$6,911,197
Mission and Program Overview

Mission

The purpose is to support charitable, religious, and educational organizations across the country.

The Organization's purpose is to support charitable organizations which provide assistance to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$5,198,449$12,645,229▲ $7,446,780
Accounts Receivable$50,500$0▼ $50,500
Cash and Non-Interest-Bearing Accounts$24,041$11,804▼ $12,237
Cap Stk Tr Prin Current Funds$0$250▲ $250
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$5,198,449$12,645,479▲ $7,447,030
Other Assets Total$5,123,908$12,633,675▲ $7,509,767
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,198,449$12,645,479▲ $7,447,030
Total Liabilities and Net Assets / Fund Balance$5,198,449$12,645,479▲ $7,447,030

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$12,633,675--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg ZolotarPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$6,599,269
Program Service Revenue
$0
Investment Income
$311,928
Other Revenue
$0
All Other Contributions
$6,599,269
Change in Net Assets
$6,533,532

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Secur Prtnrshp Trust Intrsts11$56,598,819Appraisal
Total Noncash Contributions11$56,598,819-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$377,135
Other Expenses$530
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$377,135--$377,135
Other Expenses$510$20-$530
Total Functional Expenses$377,645$20$0$377,665
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Church of Jesus Christ of Latter Day SaintsSalt Lake City, UT501(c)(3)General Support$125,100
Amistad CristianaSan Bernardino, CA501(c)(3)General Support$59,775
Givelight FoundationSan Jose, CA501(c)(3)General Support$50,000
Flipside DisbursementRancho Cucamonga, CA501(c)(3)General Support$30,000
Emma Love Hardee Elementary SchoolFernandina Beach, FL501(c)(3)General Support$25,000
Hope Missions InternationalTualatin, OR501(c)(3)General Support$20,000
Antelope Valley Domestic Violence Council dba Valley OasisLancaster, CA501(c)(3)General Support$10,000
Kinder USADallas, TX501(c)(3)General Support$10,000
Muslim Public Affairs Council FoundationLos Angeles, CA501(c)(3)General Support$10,000
The Webb School FundClaremont, CA501(c)(3)General Support$10,000
The Lancaster Performing ArtsLancaster, CA501(c)(3)General Support$7,450
Damien High SchoolLaVerne, CA501(c)(3)General Support$6,500
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

The Organization makes its Form 990 available for inspection by Board of Directors.

Form 990, Part VI, Section B, line 15

Lines 15(a) and 15(b) were answered "no" as there are no paid employees of the orgnization.

Form 990, Part VI, Section C, line 19

The Organization makes all of the documents available for inspection by the public upon request.

Filing and Contact Details

Filer

Filer Name
Triton Charitable Foundation Inc
EIN
81-2579771
Phone
7602076414
Address
8686 Haven Ave No 340, Rancho Cucamonga, CA 91730

Signing Officer

Name
Gregory R Zolotar
Title
Officer
Phone
7602076414
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory R Zolotar
Formed
2016
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Harrington Group CPAs LLP
Address
234 East Colorado Blvd Suite M150, Pasadena, CA 91101
Phone
6264036801
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd391730
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd495131
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd597062
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd675222
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd793534
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd884150
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd990042
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1093539
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1191711
IRS990ScheduleI/Total501c3OrgCnt012
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/ContributionCnt011
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/MethodOfDeterminingRevenuesTxt0Appraisal
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecurPrtnrshpTrustIntrstsGrp/NoncashContributionsRptF990Amt056598819
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0The number of contributions is based on the number of donations.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Column (b):
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization makes its Form 990 available for inspection by Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Lines 15(a) and 15(b) were answered "no" as there are no paid employees of the orgnization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Organization makes all of the documents available for inspection by the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0AAA Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1ACT Foundation Legacy
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2Kayenta Creek LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3Gen 4 Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt4LBL Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt5Tribe Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt6Mt Olympus Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt7MJB Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt8Capital Investments Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt9CV DMS LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt10H&I Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt11Quattro LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt12ACAC Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt13Cathanas LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt14C3M Legacy LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt15Hurst Legacy V LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0814756589
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1814761774
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2813018549
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3812627083
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN4814728951
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN5823602929
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN6815236869
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN7823782981
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN8823675432
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN9455134837
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN10823675367
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN11823676082
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN12823082213
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN13832844173
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN14832503105
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN15831782727
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0305000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt11289000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt2912356
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt31218000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt4700000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt5326000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt6200000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt7390000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt8727000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt90
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt10597000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt11662000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt121833000
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt13143500
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt142080819
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt151250000
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2UT
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3UT
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd4IN
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd5WA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd6UT
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd7UT
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd8CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd9CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd10CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd11CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd12FL
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd13UT
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd14CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd15CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt4Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt5Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt6Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt7Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt8Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt9Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt10Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt11Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt12Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt13Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt14Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt15Investments
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt026915 Beverly Glen Court
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt115911 Warm Springs Road
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt234 E Churchill Drive
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt311573 S 700 West
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt44731 Kraft Avenue
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt514630 West Lenette Lane
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt62946 East Kentucky Avenue
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt76741 West Dry Creek Lane
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt814974 Westfork Lane
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt914974 Westfork Lane
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt106151 Jadeite Avenue

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