Civic Intelligence

Shambhala Learning Center Inc.

990PF • Fiscal year 2021 • EIN 83-1252143

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 28, 2022

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

0.05x

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

2021 filings • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Net Margin

44th percentile

3.9%

Higher net margin than 44% of similar nonprofits.

2021 filings • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$159,210

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 44.6% of source-year revenue.

2021 filings • <$500k nonprofits • Source year 2021

Asset Growth

72nd percentile

22%

Faster asset growth than 72% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

53rd percentile

7.4%

Faster revenue growth than 53% of similar nonprofits.

2021 filings • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$77,843

Up $14,040 (+22%) from 2020

Net Assets

Up

$73,743

Up $14,040 (+24%) from 2020

Liabilities

Flat

$4,100

Flat from 2020

Revenue

Up

$356,931

Up $24,668 (+7.4%) from 2020

Expenses

Up

$342,891

Up $38,508 (+13%) from 2020

Net Income

Down

$14,040

Down $13,840 (-50%) from 2020

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

2021

Assets$77,843
Liabilities$4,100
Net Assets$73,743

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

2021

Revenue$356,931
Expenses$342,891
Net Income$14,040
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 28, 2022
Return Version
2021v4.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUNG WOOK YANGDirector, Vice PresidentFT$159,210-$159,210
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
2022-03-28
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 Appendix389 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/SummaryOfDirectChrtblActyGrp/Description1Txt0TRAIN ADHD AND HYPERACTIVE CHILDREN IN TAE KWON DO AND SHAMBHALA LIFE SKILLS. THIS WORK IS ALSO DONE WITH THE BRAILLE INSTITUTE IN LOS ANGELES AND ANAHEIM, AS WELL AS OUTREACH TO LOCAL COMMUNITIES.
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IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0DR LUCINDA MARY MCDERMOTT
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm1MALLORY MCCAMANT
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm2T DERRICK MERCURIO
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt1309 AGATE ST
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm1LAGUNA
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt15000
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt220000
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt462
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt52877
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt61089
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt70
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt81152
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt9160
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OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt90
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt100
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt110
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt13258
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt230
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4125
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt514385
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt62178
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt73416
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt85761
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt9800
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt10338
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11331
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt0131931
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OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0131931
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OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0PPP LOAN
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OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt04875
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt04875
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0PROFESSIONAL FEES
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SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0DR LUCINDA MARY MCDERMOTT
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt0603 VISTA BONITA
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SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0CA
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd092663
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
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/SignatureDt02022-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHAMBHALA LEARNING CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAM
ReturnHeader/Filer/EIN0831252143
ReturnHeader/Filer/PhoneNum09492904688
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092660
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330532641
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RAIMONDO PETTIT GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021515 HAWTHORNE BL 1250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TORRANCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0905036583
ReturnHeader/PreparerPersonGrp/PhoneNum03105405990
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN S FUKUTO CPA
ReturnHeader/ReturnTs02022-04-04T11:48:28-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LUCINDA MARY MCDERMO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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