Civic Intelligence

Shambhala Learning Center Inc.

990PF • Fiscal year 2020 • EIN 83-1252143

Jan 01, 2020 to Dec 31, 2020 • Filed on May 11, 2021

603 Vista BonitaNewport Beach, CA 92660

(949) 290-4688

Siviq Scores

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

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Net Margin

56th percentile

8.4%

Higher net margin than 56% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Top Officer Pay

98th percentile

$111,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 33.4% of source-year revenue.

2020 filings • <$500k nonprofits • Source year 2020

Asset Growth

90th percentile

100%

Faster asset growth than 90% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

52%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$63,803

Up $31,980 (+100%) from 2019

Net Assets

Up

$59,703

Up $27,880 (+88%) from 2019

Liabilities

Up

$4,100

Up $4,100 from 2019

Revenue

Up

$332,263

Up $114,203 (+52%) from 2019

Expenses

Down

$304,383

Down $1,221 (-0.4%) from 2019

Net Income

Up

$27,880

Up $115,424 (+132%) from 2019

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $119,367Liabilities 2018: $02018Assets 2019: $31,823Liabilities 2019: $0Net Assets 2019: $31,8232019Assets 2020: $63,803Liabilities 2020: $4,100Net Assets 2020: $59,7032020Assets 2021: $77,843Liabilities 2021: $4,100Net Assets 2021: $73,7432021Assets 2022: $113,869Liabilities 2022: $0Net Assets 2022: $113,8692022Assets 2023: $113,511Liabilities 2023: $0Net Assets 2023: $113,5112023Assets 2024: $131,879Liabilities 2024: $0Net Assets 2024: $131,8792024

Highlighted filing

2020

Assets$63,803
Liabilities$4,100
Net Assets$59,703

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $200,000Expenses 2018: $80,633Net Income 2018: $119,3672018Revenue 2019: $218,060Expenses 2019: $305,604Net Income 2019: -$87,5442019Revenue 2020: $332,263Expenses 2020: $304,383Net Income 2020: $27,8802020Revenue 2021: $356,931Expenses 2021: $342,891Net Income 2021: $14,0402021Revenue 2022: $394,795Expenses 2022: $354,669Net Income 2022: $40,1262022Revenue 2023: $415,488Expenses 2023: $415,846Net Income 2023: -$3582023Revenue 2024: $406,807Expenses 2024: $388,439Net Income 2024: $18,3682024

Highlighted filing

2020

Revenue$332,263
Expenses$304,383
Net Income$27,880
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 11, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUNG WOOK YANGDirector, Vice PresidentFT$111,000-$111,000
DR LUCINDA MARY MCDERMOTTDirector, PresidentPT$0--
T DERRICK MERCURIODirector, Secretary, Treas-$0--
Filing and Contact Details

Filer

Filer Name
Shambhala Learning Center Inc
EIN
83-1252143
Phone
9492904688
Address
603 VISTA BONITA, NEWPORT BEACH, CA 92660

Signing Officer

Name
Dr Lucinda Mary Mcdermott
Title
Director, President
Phone
9492904688
Signed
2021-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Raimondo Pettit Group
Address
21515 HAWTHORNE BL 1250, TORRANCE, CA 90503-6583
Preparer
Erin S Fukuto CPA
Phone
3105405990
Raw XML Appendix388 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/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1MALLORY MCCAMANT
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt410
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt57206
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt62850
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt84183
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OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0PPP LOAN
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt09275
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SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0DR LUCINDA MARY MCDERMOTT
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SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0CA
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR LUCINDA MARY MCDERMOTT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR, PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09492904688
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHAMBHALA LEARNING CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAM
ReturnHeader/Filer/EIN0831252143
ReturnHeader/Filer/PhoneNum09492904688
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330532641
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAIMONDO PETTIT GROUP
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TORRANCE
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0905036583
ReturnHeader/PreparerPersonGrp/PhoneNum03105405990
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN S FUKUTO CPA
ReturnHeader/ReturnTs02021-05-13T13:12:35-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LUCINDA MARY MCDERMO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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