Civic Intelligence

Downey Foundation for Educational Opportunities

990EZ • Fiscal year 2019 • EIN 81-2850515

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 13, 2019

11627 Brookshire AveDowney, CA 90241

(562) 385-4017

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

58th percentile

6.9%

Higher net margin than 58% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

91st percentile

94%

Faster asset growth than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

406%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$28,604

Up $13,877 (+94%) from 2018

Net Assets

$28,604

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$199,862

Up $160,378 (+406%) from 2018

Expenses

Up

$185,984

Up $148,393 (+395%) from 2018

Net Income

Up

$13,878

Up $11,985 (+633%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $23,922Liabilities 2017: $11,088Net Assets 2017: $12,8342017Assets 2018: $14,727Liabilities 2018: $02018Assets 2019: $28,604Liabilities 2019: $0Net Assets 2019: $28,6042019Assets 2020: $76,953Liabilities 2020: $0Net Assets 2020: $76,9532020Assets 2021: $105,191Liabilities 2021: $0Net Assets 2021: $105,1912021Assets 2022: $771,874Liabilities 2022: $500,681Net Assets 2022: $271,1932022Assets 2023: $1,569,285Liabilities 2023: $1,510,105Net Assets 2023: $59,1802023Assets 2024: $1,904,597Liabilities 2024: $1,405,056Net Assets 2024: $499,5412024

Highlighted filing

2019

Assets$28,604
Liabilities$0
Net Assets$28,604

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2017: $59,460Expenses 2017: $48,167Net Income 2017: $11,2932017Revenue 2018: $39,484Expenses 2018: $37,591Net Income 2018: $1,8932018Revenue 2019: $199,862Expenses 2019: $185,984Net Income 2019: $13,8782019Revenue 2020: $359,386Expenses 2020: $311,037Net Income 2020: $48,3492020Revenue 2021: $182,317Expenses 2021: $154,079Net Income 2021: $28,2382021Revenue 2022: $2,195,467Expenses 2022: $2,015,980Net Income 2022: $179,4872022Revenue 2023: $8,631,254Expenses 2023: $8,843,204Net Income 2023: -$211,9502023Revenue 2024: $9,801,095Expenses 2024: $9,484,450Net Income 2024: $316,6452024

Highlighted filing

2019

Revenue$199,862
Expenses$185,984
Net Income$13,878
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$199,862
Mission and Program Overview

Mission

To provide students in the downey unified school district with resources and opportunities to be successful individuals, supplementing arts education, college preparation, and health and fitness programs.

Program Services

DescriptionGrantsExpenses
TO PROVIDE STUDENTS IN THE DOWNEY UNIFIED SCHOOL DISTRICT WITH RESOURCES AND OPPORTUNITIES TO BE SUCCESSFUL INDIVIDUALS, SUPPLEMENTING ARTS EDUCATION, COLLEGE PREPARATION, AND HEALTH AND FITNESS PROGRAMS.$1,500$126,385
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LINDA SALOMON SALDANAPresidentPT$0--
KAYE QUINTEROTreasurerPT$0--
ELIZABETH GOMEZBoard Member-$0--
WILLIAM MEDINASecretaryPT$0--
JASON BARQUEROBoard Member-$0--
JERRY WETZSTEINBoard Member-$0--
PHIL DAVISBoard Member-$0--
MATT KNOXBoard Member-$0--
VIJAY PATELBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Downey Foundation for Educational
EIN
81-2850515
Phone
5623854017
Address
11627 BROOKSHIRE AVE, DOWNEY, CA 90241

Signing Officer

Name
Linda Salomon Saldana
Title
President
Phone
5623854017
Signed
2019-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Son and Associates Apc
Address
2463 W 208TH ST SUITE 205, TORRANCE, CA 90501-6238
Preparer
Steven Son
Phone
3106842956
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 10,693 office expense 732 insurance 5,275 materials 14,117 music program expense 6,035 license fee 95 website 286 bank charges and fees 6,340 total 43,573

Form 990-ez, Part III

To provide students in the downey unified school district with resources and opportunities to be successful individuals, supplementing arts education, college preparation, and health and fitness programs.

Raw XML Appendix157 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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Filings