Civic Intelligence

Philanthropic Concepts Inc.

990PF • Fiscal year 2020 • EIN 81-3780259

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 29, 2021

Organization Profile
120 Tustin AveNewport Beach, CA 92663

(503) 391-6695

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Higher debt load relative to assets than 39% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

38th percentile

0.00x

Higher debt load relative to revenue than 38% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Net Margin

91st percentile

62%

Higher net margin than 91% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2020 filings • $500k-$1M nonprofits • Source year 2020

Asset Growth

86th percentile

44%

Faster asset growth than 86% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Annualized from 2018 to 2020

Revenue Growth

28th percentile

-22%

Faster revenue growth than 28% of similar nonprofits.

2020 filings • $500k-$1M nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$715,176

Up $368,176 (+106%) from 2018

Net Assets

Up

$715,176

Up $368,176 (+106%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin91st percentile

Revenue

Down

$107,330

Down $67,670 (-39%) from 2018

Expenses

Up

$40,899

Up $40,899 from 2018

Net Income

Down

$66,431

Down $108,569 (-62%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2018: $347,000Liabilities 2018: $0Net Assets 2018: $347,0002018Assets 2020: $715,176Liabilities 2020: $0Net Assets 2020: $715,1762020Assets 2021: $83,853Liabilities 2021: $0Net Assets 2021: $83,8532021Assets 2022: $1,516,266Liabilities 2022: $0Net Assets 2022: $1,516,2662022Assets 2023: $54,518Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $54,518Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$715,176
Liabilities$0
Net Assets$715,176
Open 2020 Filing

Operations Trend

Revenue Growth28th percentile

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

$1.5M$1.0M$500K$0Revenue 2018: $175,000Expenses 2018: $0Net Income 2018: $175,0002018Revenue 2020: $107,330Expenses 2020: $40,899Net Income 2020: $66,4312020Revenue 2021: $1,103,552Expenses 2021: $1,019,699Net Income 2021: $83,8532021Revenue 2022: $1,422,414Expenses 2022: $0Net Income 2022: $1,422,4142022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2020

Revenue$107,330
Expenses$40,899
Net Income$66,431
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 29, 2021
Return Version
2020v4.0
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM A SASSMANPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Philanthropic Concepts Inc
EIN
81-3780259
Phone
5033916695
Address
120 TUSTIN AVE, NEWPORT BEACH, CA 92663

Signing Officer

Name
William a Sassman
Title
President
Signed
2021-06-29
Discuss with paid preparer
Yes

Preparer

Firm
David Jin CPA PC
Address
420 EXCHANGE STE 250, IRVINE, CA 92602
Preparer
Junghoon David Jin CPA
Phone
7145058377
Raw XML Appendix165 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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IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
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ReturnHeader/Filer/EIN0813780259
ReturnHeader/Filer/PhoneNum05033916695
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ReturnHeader/PreparerPersonGrp/PhoneNum07145058377
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ReturnHeader/ReturnTs02021-06-29T14:54:34-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM A
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SASSMAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$715,176
Liabilities
$0
Net assets
$715,176
Revenue
$107,330
Expenses
$40,899
Net income
$66,431
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.00$0.00$0.00$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.00$1.52$1.42$0.00$1.42
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$1.10$1.02$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.11$0.04$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$0.18$0.00$0.18