Civic Intelligence

Free the Work

990 • Fiscal year 2018 • EIN 81-4846057

Dec 01, 2017 to Nov 30, 2018 • Filed on May 28, 2019

1801 Century Park East Suite 1080Los Angeles, CA 90067

(310) 788-3470

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

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

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

22nd percentile

0.00x

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

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Net Margin

95th percentile

55%

Higher net margin than 95% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$114,680

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2018 filings • NTEE S • $500k-$1M nonprofits • Source year 2018

Asset Growth

99th percentile

349%

Faster asset growth than 99% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

96th percentile

143%

Faster revenue growth than 96% of similar nonprofits.

2018 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$494,373

Up $384,365 (+349%) from 2017

Net Assets

Up

$494,373

Up $384,365 (+349%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$696,145

Up $409,607 (+143%) from 2017

Expenses

Up

$311,780

Up $135,250 (+77%) from 2017

Net Income

Up

$384,365

Up $274,357 (+249%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2017: $110,008Liabilities 2017: $0Net Assets 2017: $110,0082017Assets 2018: $494,373Liabilities 2018: $0Net Assets 2018: $494,3732018Assets 2019: $1,238,854Liabilities 2019: $0Net Assets 2019: $1,238,8542019Assets 2020: $788,798Liabilities 2020: $0Net Assets 2020: $788,7982020Assets 2021: $1,297,594Liabilities 2021: $0Net Assets 2021: $1,297,5942021Assets 2022: $1,317,715Liabilities 2022: $0Net Assets 2022: $1,317,7152022Assets 2023: $1,006,342Liabilities 2023: $0Net Assets 2023: $1,006,3422023Assets 2024: $48,962Liabilities 2024: $0Net Assets 2024: $48,9622024

Highlighted filing

2018

Assets$494,373
Liabilities$0
Net Assets$494,373

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $286,538Expenses 2017: $176,530Net Income 2017: $110,0082017Revenue 2018: $696,145Expenses 2018: $311,780Net Income 2018: $384,3652018Revenue 2019: $2,369,819Expenses 2019: $1,625,412Net Income 2019: $744,4072019Revenue 2020: $1,411,698Expenses 2020: $1,861,754Net Income 2020: -$450,0562020Revenue 2021: $183,108Expenses 2021: $262,874Net Income 2021: -$79,7662021Revenue 2022: $2,576,017Expenses 2022: $2,555,896Net Income 2022: $20,1212022Revenue 2023: $2,623,171Expenses 2023: $2,934,544Net Income 2023: -$311,3732023Revenue 2024: $226,811Expenses 2024: $1,184,191Net Income 2024: -$957,3802024

Highlighted filing

2018

Revenue$696,145
Expenses$311,780
Net Income$384,365
Jump To
Filing Snapshot
Filing Period
Dec 1, 2017 to Nov 30, 2018
Signed
May 28, 2019
Return Version
2017v2.3
Gross Receipts
$696,145
Mission and Program Overview

Mission

Free the work is a nonprofit initiative dedicated to identifying systemic equalities in film, television, advertising and media and finding actionable solutions to expand access for under represented creators.

Free the bid, a california nonprofit public benefit corporation was founded to raise awareness of the lack of diversity, especially gender bias against women, among directors in advertising and to help solve this dilemma.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$110,008$494,373▲ $384,365
Total Assets$110,008$494,373▲ $384,365
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$110,008$494,373▲ $384,365
Total Net Assets Fund Balance$110,008$494,373▲ $384,365
Total Liabilities and Net Assets / Fund Balance$110,008$494,373▲ $384,365
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emma ReevesExecutive DiFT$114,680$114,680
Alma HarelPresidentPT$25,000$25,000
Steve CampeasSecretary/cfPT$9,000$9,000
Revenue and Support

Revenue Composition

Contributions and Grants
$696,145
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$696,145
Change in Net Assets
$384,365
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$227,393
Other Expenses$84,387
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$128,212$20,468-$148,680
Other Salaries and Wages$18,097$32,095-$50,192
Fees for Services Other$10,783$32,315-$43,098
Travel$27,384--$27,384
Payroll Taxes$12,525$3,729-$16,254
Other Employee Benefits$9,453$2,814-$12,267
Office Expenses-$4,587-$4,587
Insurance-$1,687-$1,687
Advertising$1,381--$1,381
All Other Expenses$1,210$85-$1,295
Other Expenses$1,141$911-$911
Total Functional Expenses$213,089$98,691$0$311,780
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
No
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Free the Bid
EIN
81-4846057
Phone
3107883470
Address
1801 CENTURY PARK EAST SUITE 1080, LOS ANGELES, CA 90067

Signing Officer

Name
Steve Campeas
Title
Secretary/CFO
Phone
3107883470
Signed
2019-05-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Campeas
Formed
2016
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
1
Employees
2

Preparer

Firm
Brenner & Associates Inc
Address
21601 DEVONSHIRE ST STE 320, CHATSWORTH, CA 91311
Preparer
Jennifer Brenner
Phone
8188879912
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside services 0 31,129 0 payroll service fees 1,463 436 0 public relations 5,000 0 0 consulting fees 0 750 0 website costs 4,320 0 0 total 10,783 32,315 0

Raw XML Appendix285 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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IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0696145
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IRS990/IndependentVotingMemberCnt01
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
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IRS990/IRPDocumentCnt08
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IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
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IRS990/MethodOfAccountingCashInd0X
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IRS990/NondeductibleContributionsInd0false
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IRS990/OfficerMailingAddressInd0false
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IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc2DUES
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum03107883470
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREE THE BID
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0814846057
ReturnHeader/Filer/PhoneNum03107883470
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ReturnHeader/FilingSecurityInformation/IPDt02019-06-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:59:55
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204122655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRENNER & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021601 DEVONSHIRE ST STE 320
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHATSWORTH
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091311
ReturnHeader/PreparerPersonGrp/PhoneNum08188879912
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JENNIFER BRENNER
ReturnHeader/ReturnTs02019-06-03T10:59:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-12-01
ReturnHeader/TaxPeriodEndDt02018-11-30
ReturnHeader/TaxYr02017

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