Civic Intelligence

Butterfly Equity Foundation

990PF • Fiscal year 2017 • EIN 81-4015045

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

Organization Profile
9595 Wilshire Boulevard Suite 510Beverly Hills, CA 90212

(310) 492-3743

Siviq Scores

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

Liabilities / Assets

89th percentile

0.38x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • <$500k nonprofits • Source year 2017

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2017 filings • <$500k nonprofits • Source year 2017

Net Margin

16th percentile

-23%

Higher net margin than 16% of similar nonprofits.

2017 filings • <$500k nonprofits • Source year 2017

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.

2017 filings • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets89th percentile

Assets

$1,762

No earlier filing loaded for comparison.

Net Assets

$1,087

No earlier filing loaded for comparison.

Liabilities

$675

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin16th percentile

Revenue

$39,000

No earlier filing loaded for comparison.

Expenses

$47,913

No earlier filing loaded for comparison.

Net Income

-$8,913

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5M$1.0M$500K$0Assets 2017: $1,762Liabilities 2017: $675Net Assets 2017: $1,0872017Assets 2018: $83,455Liabilities 2018: $0Net Assets 2018: $83,4552018Assets 2019: $1,058,455Liabilities 2019: $2,672Net Assets 2019: $1,055,7832019Assets 2020: $815,256Liabilities 2020: $2,672Net Assets 2020: $812,5842020Assets 2021: $344,103Liabilities 2021: $21,995Net Assets 2021: $322,1082021Assets 2022: $187,860Liabilities 2022: $21,995Net Assets 2022: $165,8652022Assets 2023: $290,931Liabilities 2023: $22,105Net Assets 2023: $268,8262023Assets 2024: $231,971Liabilities 2024: $152,757Net Assets 2024: $79,2142024

Highlighted filing

2017

Assets$1,762
Liabilities$675
Net Assets$1,087
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2017: $39,000Expenses 2017: $47,913Net Income 2017: -$8,9132017Revenue 2018: $102,500Expenses 2018: $20,132Net Income 2018: $82,3682018Revenue 2019: $1,000,000Expenses 2019: $27,672Net Income 2019: $972,3282019Revenue 2020: $77,950Expenses 2020: $321,149Net Income 2020: -$243,1992020Revenue 2021: $42,200Expenses 2021: $532,196Net Income 2021: -$489,9962021Revenue 2022: $580,203Expenses 2022: $736,446Net Income 2022: -$156,2432022Revenue 2023: $897,656Expenses 2023: $794,695Net Income 2023: $102,9612023Revenue 2024: $809,100Expenses 2024: $998,712Net Income 2024: -$189,6122024

Highlighted filing

2017

Revenue$39,000
Expenses$47,913
Net Income-$8,913
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.3
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ADAM WAGLAYCo-President, Director-$0--
DUSTIN BECKCo-President, Director-$0--
AARON KIRKBRIDEFormer Secretary, Director-$0--
Christian RussellTreasurer, Director-$0--
Filing and Contact Details

Filer

Filer Name
Butterfly Equity Foundation
EIN
81-4015045
In Care Of
% CHRISTIAN RUSSELL
Phone
3104923743
Address
9595 WILSHIRE BOULEVARD SUITE 510, BEVERLY HILLS, CA 90212

Signing Officer

Name
Adam Waglay
Title
Co-president
Phone
3104923743
Signed
2018-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Holthouse Carlin & Van Trigt Llp
Address
3011 TOWNSGATE ROAD SUITE 400, WESTLAKE VILLAGE, CA 91361
Preparer
Stephanie Wilkinson
Phone
8053748555
Raw XML Appendix263 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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LiquidationExplanationStmt/ExplanationTxt0THIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION T TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS THAT RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS DURING THE CURRENT TAX YEAR. DURING 2017, BUTTERFLY EQUITY FOUNDATION MADE DISTRIBUTIONS OF $8,913 FROM SOURCES OTHER THAN CURRENT INCOME. SUCH DISTRIBUTIONS REPRESENTED 89.13% OF BUTTERFLY EQUITY FOUNDATION'S NET ASSETS OF $10,000 (AS MEASURED BY FAIR MARKET VALUE) AT THE BEGINNING OF 2017. PLEASE SEE FORM 990-PF PAGE 1 FOR DETAIL OF THE DISTRIBUTIONS MADE. DISTRIBUTIONS FROM SOURCES OTHER THAN CURRENT INCOME: TOTAL DISTRIBUTIONS OF ASSETS $47,913 LESS: CURRENT INCOME - $39,000 TOTAL DISTRIBUTIONS FROM OTHER SOURCES $8,913
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SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt09595 WILSHIRE BOULEVARD SUITE 510
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0BEVERLY HILLS
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0CA
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd090212
TaxesSchedule/TaxesDetail/Amt0675
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL TAX WITHHOLDING
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADAM WAGLAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03104923743
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Butterfly Equity Foundation
ReturnHeader/Filer/BusinessNameControlTxt0BUTT
ReturnHeader/Filer/EIN0814015045
ReturnHeader/Filer/InCareOfNm0% CHRISTIAN RUSSELL
ReturnHeader/Filer/PhoneNum03104923743
ReturnHeader/Filer/USAddress/AddressLine1Txt09595 WILSHIRE BOULEVARD SUITE 510
ReturnHeader/Filer/USAddress/CityNm0BEVERLY HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090212
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AC144D2C5944885D7D87D465B4329167CD393E1C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId013D4766837A21D72DEFE2AAB277448AE7E2B10A0
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId095206420181305000005
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-05-10
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.46.231.234
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOLTHOUSE CARLIN & VAN TRIGT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03011 TOWNSGATE ROAD SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTLAKE VILLAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091361
ReturnHeader/PreparerPersonGrp/PhoneNum08053748555
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stephanie Wilkinson
ReturnHeader/ReturnTs02018-05-10T11:42:27-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,762
Liabilities
$675
Net assets
$1,087
Revenue
$39,000
Expenses
$47,913
Net income
-$8,913
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.23$0.15$0.08$0.81$1.00$0.19
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.27$0.90$0.79$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.02$0.17$0.58$0.74$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$0.04$0.53$0.49
2020Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.81$0.08$0.32$0.24
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$1.00$0.03$0.97
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.10$0.02$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$0.05$0.01