Civic Intelligence

Disclosurefest Foundation

990EZ • Fiscal year 2021 • EIN 82-1470614

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 20, 2022

3711 Winnetka AveWinnetka, CA 91396

(818) 917-7626

Siviq Scores

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

Liabilities / Assets

97th percentile

1.81x

Higher debt load relative to assets than 97% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

4.92x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

10th percentile

-67%

Higher net margin than 10% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Revenue Growth

44th percentile

-2.0%

Faster revenue growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$305,938

Up $305,938 from 2020

Net Assets

Down

-$247,183

Down $75,171 (-44%) from 2020

Liabilities

Up

$553,121

Up $381,109 (+222%) from 2020

Revenue

Down

$112,523

Down $2,353 (-2.0%) from 2020

Expenses

Up

$187,694

Up $3,861 (+2.1%) from 2020

Net Income

Down

-$75,171

Down $6,214 (-9.0%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2018: -$22,980Liabilities 2018: $0Net Assets 2018: -$22,9802018Assets 2019: $7,445Liabilities 2019: $0Net Assets 2019: $7,4452019Assets 2020: $0Liabilities 2020: $172,012Net Assets 2020: -$172,0122020Assets 2021: $305,938Liabilities 2021: $553,121Net Assets 2021: -$247,1832021Assets 2022: $197,406Liabilities 2022: $0Net Assets 2022: $197,4062022Assets 2023: $183,622Liabilities 2023: $0Net Assets 2023: $183,6222023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2021

Assets$305,938
Liabilities$553,121
Net Assets-$247,183

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $207,652Expenses 2018: $233,132Net Income 2018: -$25,4802018Revenue 2019: $305,413Expenses 2019: $274,988Net Income 2019: $30,4252019Revenue 2020: $114,876Expenses 2020: $183,833Net Income 2020: -$68,9572020Revenue 2021: $112,523Expenses 2021: $187,694Net Income 2021: -$75,1712021Revenue 2022: $460,746Expenses 2022: $569,277Net Income 2022: -$108,5312022Revenue 2023: $703,669Expenses 2023: $717,453Net Income 2023: -$13,7842023Revenue 2024: $167,959Expenses 2024: $452,562Net Income 2024: -$284,6032024

Highlighted filing

2021

Revenue$112,523
Expenses$187,694
Net Income-$75,171
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 20, 2022
Return Version
2021v4.0
Gross Receipts
$112,523
Mission and Program Overview

Mission

We provide a multicultural community based nonprofit platform. Our Foundation unites heart centered like minded people in an effort to raise consciousness and provide education on health and wellness while creating awareness of global environmental and humanitarian initiatives with ongoing volunteer based programs.

Program Services

DescriptionGrantsExpenses
The Mass Meditation Initiative had over 1,000 in person participants and 50,000 viewers, all meditating on world peace, global healing and unity.$0$134,722
Feed our Souls Initiative fed over 12,000 people and distributed over 8,000 hygiene kits.$0$18,340
StarSeed Initiative supported 400 children facing poverty and homelessness with funds, meals, supplies.$0$12,659
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Adrian ValleroPresidentFT$0--
William WiseSecretaryPT$0--
Vincenzo VenezianoTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Disclosurefest Foundation
EIN
82-1470614
Phone
8189177626
Address
3711 Winnetka Ave, Winnetka, CA 91396

Signing Officer

Name
Adrian Vallera
Title
CEO
Phone
8189177626
Signed
2022-07-20
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

Charitable Contribution

Form 990-EZ, Part I, Line 16

Description;Amount^Office Supplies;20137|Advertising;19285|TShirt Production;14138|Meals and Entertainment;12107|Staging;7035|Event Supplies;6032|Computer and Internet;5398|Auto;4995|Travel;4875|Shopify;3286|Event Rentals;3249|Telephone;3111|Interest;2583|Information Technology;2550|Storage;2407|Activation Line;2041|Event Talent;1539|Digital Content;1019|Design;735|PayPal;717|Repairs and Maintanence;697|Insurance;419|Event Misc;398|Bank Fees;359|Merchant Fees;260|Research;130|Licenses;50|MedicAL;40^Total;119592^

Form 990-EZ, Part II, Line 24

Description;EOY Amount^EIDL Checking;293963|PayPal;11337^Total;305300^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^EIDL Loan;464900|BofA Credit Card;58660|Event Loan;15622|Tax Liabilities;13939^Total;553121^

Raw XML Appendix193 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Samantha Sytten Bookkeeping
IRS990EZ/BooksInCareOfDetail/PhoneNum08183848428
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0421 Whitaker Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Los Angeles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091406
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0638
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0110666
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-75171
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04243
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0305938
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02850
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0112523
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-172012
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-247183
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-172012
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-247183
IRS990EZ/OccupancyRentUtltsAndMaintAmt02959
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Adrian Vallero
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1William Wise
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Vincenzo Veneziano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0305300
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0119592
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0We provide a multicultural community based nonprofit platform. Our Foundation unites heart centered like minded people in an effort to raise consciousness and provide education on health and wellness while creating awareness of global environmental and humanitarian initiatives with ongoing volunteer based programs.
IRS990EZ/PrintingPublicationsPostageAmt0313
IRS990EZ/ProgramServiceRevenueAmt01857
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Mass Meditation Initiative had over 1,000 in person participants and 50,000 viewers, all meditating on world peace, global healing and unity.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Feed our Souls Initiative fed over 12,000 people and distributed over 8,000 hygiene kits.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2StarSeed Initiative supported 400 children facing poverty and homelessness with funds, meals, supplies.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt20
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0134722
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt118340
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt212659
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt057737
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0172012
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0553121
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0187694
IRS990EZ/TotalProgramServiceExpensesAmt0165721
IRS990EZ/TotalRevenueAmt0112523
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0disclosurefest.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0112523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0115126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0219707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0161388
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt021180
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0629924
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0629924
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0112523
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0115126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0219707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0161388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt021180
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0629924
IRS990ScheduleA/TotalSupportAmt0629924
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Charitable Contribution
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Office Supplies;20137|Advertising;19285|TShirt Production;14138|Meals and Entertainment;12107|Staging;7035|Event Supplies;6032|Computer and Internet;5398|Auto;4995|Travel;4875|Shopify;3286|Event Rentals;3249|Telephone;3111|Interest;2583|Information Technology;2550|Storage;2407|Activation Line;2041|Event Talent;1539|Digital Content;1019|Design;735|PayPal;717|Repairs and Maintanence;697|Insurance;419|Event Misc;398|Bank Fees;359|Merchant Fees;260|Research;130|Licenses;50|MedicAL;40^Total;119592^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^EIDL Checking;293963|PayPal;11337^Total;305300^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^EIDL Loan;464900|BofA Credit Card;58660|Event Loan;15622|Tax Liabilities;13939^Total;553121^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0We were granted an extension
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Adrian Vallera
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08189177626
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DISCLOSUREFEST FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DISC
ReturnHeader/Filer/EIN0821470614
ReturnHeader/Filer/PhoneNum08189177626
ReturnHeader/Filer/USAddress/AddressLine1Txt03711 Winnetka Ave
ReturnHeader/Filer/USAddress/CityNm0Winnetka
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091396
ReturnHeader/ReturnTs02022-07-20T16:29:35-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings