Civic Intelligence

Foundation E

990EZ • Fiscal year 2019 • EIN 83-1262655

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 14, 2020

11271 Ventura Blvd Ste 171Studio City, CA 91604

(213) 804-8007

Siviq Scores

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

Liabilities / Assets

95th percentile

1.75x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

0.14x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-6.1%

Higher net margin than 29% of similar nonprofits.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE A • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

$3,255

No earlier filing loaded for comparison.

Net Assets

-$2,442

No earlier filing loaded for comparison.

Liabilities

$5,697

No earlier filing loaded for comparison.

Revenue

$40,250

No earlier filing loaded for comparison.

Expenses

$42,692

No earlier filing loaded for comparison.

Net Income

-$2,442

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0-$5.0KAssets 2019: $3,255Liabilities 2019: $5,697Net Assets 2019: -$2,4422019Assets 2020: $2,069Net Assets 2020: $2,0692020Assets 2021: $0Net Assets 2021: $02021Assets 2022: $3,172Net Assets 2022: $3,1722022Assets 2023: $2,125Liabilities 2023: $02023Assets 2024: $958Net Assets 2024: $9582024

Highlighted filing

2019

Assets$3,255
Liabilities$5,697
Net Assets-$2,442

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2019: $40,250Expenses 2019: $42,692Net Income 2019: -$2,4422019Revenue 2020: $20,000Expenses 2020: $15,489Net Income 2020: $4,5112020Revenue 2021: $728Expenses 2021: $2,797Net Income 2021: -$2,0692021Revenue 2022: $17,500Expenses 2022: $14,328Net Income 2022: $3,1722022Revenue 2023: $0Expenses 2023: $1,047Net Income 2023: -$1,0472023Expenses 2024: $1,1672024

Highlighted filing

2019

Revenue$40,250
Expenses$42,692
Net Income-$2,442
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.0
Gross Receipts
$40,250
Mission and Program Overview

Mission

The specific purposes of the Corporation shall include, without limitation, thefollowing:(i) to educate the public about social, cultural, humanitarian, and/or economicinjustice by producing and distributing films and television programs thatgenerally would not be produced by for-profit commercial productioncompanies;(ii) to provide educational, mentorship and empowerment opportunities forthose who are disadvantaged and/or lack resources, and provideemployment opportunities for those who are underrepresented in theentertainment industry;(iii) to cultivate and promote diversity and inclusion in the arts; and(iv) to aid, support and collaborate with those organizations qualified forexemption from federal income tax under the Code that are dedicated tofurthering the charitable causes addressed by Foundation E's films andtelevision programs.

Program Services

DescriptionGrantsExpenses
Foundation E Service Accomplishments 2019 -Laid the foundational work for the Foundation E Employment Mentorship Program. The program evolved into a CEO training program for women of color in underserved and disadvantaged communities. The program will provide employment opportunities and one-on-one mentoring for women who have been affected by poverty, mass incarnation, the foster care system and homelessness. -Initiated interactions and ongoing discussions with global brands, large corporations / organizations, and large foundations surrounding potential partnerships to execute on social impact driven content / media and global social impact campaigns. -Continued interactions with the United Nations in regard to utilizing the power and influence of film, television and media to contribute to and help advance the UN Sustainable Development Goals particularly around poverty, education, gender equality and climate change. -Engaged in exploratory conversations with experts and global leaders directed toward the eradication of poverty and homelessness, the advancement of gender equality, the restructuring of failing education systems, and the solutions surrounding climate change. -Continued interactions with screenwriters concerning the development of film and television content focused on social impact both domestically and globally in the areas of poverty, homelessness, gender equality, education and climate change.$41,846-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHANI PRIDEPresident & CEO-$0--
PHYLLIS BARRACKSSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Foundation E
EIN
83-1262655
Phone
2138048007
Address
11271 VENTURA BLVD STE 171, STUDIO CITY, CA 91604

Signing Officer

Name
Shani Pride
Title
President & CEO
Signed
2020-07-14
Discuss with paid preparer
Yes

Preparer

Firm
Lasker Kim & Co LLP
Address
6017 Bristol Parkway, Culver City, CA 90230
Preparer
Joseph R Bucher CPA
Phone
3108429000
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $350

Other Expenses.1005

Travel $28456

Other Expenses.1007

Conferences, Conventions, and Meetings $11416

Other Expenses.1

LICENSE & PERMITS $847

Other Expenses.2

MEETINGS $714

Other Expenses.3

WEB SITE $424

Other Expenses.4

MARKETING $264

Other Expenses.5

BANK CHARGES $170

Other Expenses.6

COMPUTER $51

Total Liabilities.1

OFFICER LOAN - Beginning $0 OFFICER LOAN - Ending $5697

Raw XML Appendix144 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LICENSE & PERMITS $847
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/ReturnTs02020-07-14T09:31:25-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings