Civic Intelligence

Community Arts & Festivals Inc.

990EZ • Fiscal year 2022 • EIN 83-1901861

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 18, 2023

Organization ProfileN/A
2700 Cahuenga Blvd E Apt 4301Los Angeles, CA 90068

(619) 665-1394

Siviq Scores

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

Liabilities / Assets

100th percentile

472.00x

Higher debt load relative to assets than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

7.21x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

10th percentile

-52%

Higher net margin than 10% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

48th percentile

0.0%

Faster asset growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

15114%

Faster revenue growth than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets100th percentile

Assets

Flat

$100

Flat from 2021

Net Assets

Down

-$50,524

Down $50,667 (-35431%) from 2021

Liabilities

Up

$47,200

Up $47,200 from 2021

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin10th percentile

Revenue

Up

$6,542

Up $6,499 (+15114%) from 2021

Expenses

Up

$9,966

Up $9,966 from 2021

Net Income

Down

-$3,424

Down $3,467 (-8063%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

$50K$0-$50K-$100KAssets 2019: $100Liabilities 2019: $0Net Assets 2019: $8252019Assets 2020: $100Liabilities 2020: $0Net Assets 2020: -$20,8132020Assets 2021: $100Liabilities 2021: $0Net Assets 2021: $1432021Assets 2022: $100Liabilities 2022: $47,200Net Assets 2022: -$50,5242022Assets 2023: $2,396Liabilities 2023: $0Net Assets 2023: $2,3962023

Highlighted filing

2022

Assets$100
Liabilities$47,200
Net Assets-$50,524
Open 2022 Filing

Operations Trend

Revenue Growth100th percentile

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

$40K$20K$0-$20K-$40KRevenue 2019: $14,325Expenses 2019: $13,600Net Income 2019: $7252019Revenue 2020: $3,623Expenses 2020: $24,536Net Income 2020: -$20,9132020Revenue 2021: $43Expenses 2021: $0Net Income 2021: $432021Revenue 2022: $6,542Expenses 2022: $9,966Net Income 2022: -$3,4242022Revenue 2023: $39,930Expenses 2023: $37,534Net Income 2023: $2,3962023

Highlighted filing

2022

Revenue$6,542
Expenses$9,966
Net Income-$3,424
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 18, 2023
Return Version
2022v5.0
Gross Receipts
$6,542
Mission and Program Overview

Mission

Assisting Community Arts Festiv

Assisting Community Art Festiva

Program Services

DescriptionGrantsExpenses
Artist Web Blog Local artists benefited from Community exposure$10$10
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Justin B OlsenCEOPT$0--
Filing and Contact Details

Filer

Filer Name
Community Arts & Festivals Inc
EIN
83-1901861
Address
2700 Cahuenga Blvd E Apt 4301, LOS ANGELES, CA 90068

Signing Officer

Name
Justin B Olsen
Title
CEO
Phone
6196651394
Signed
2023-04-18
Discuss with paid preparer
Yes

Preparer

Firm
Taxstar Tax
Address
18305 Sherman Way Ste 18, RESEDA, CA 91335
Preparer
Brent Irek
Phone
8888448267
Supplemental Narrative

Additional Explanations

Part II, 26

“Pandemic Loan”

Raw XML Appendix102 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt09966
IRS990EZ/BooksInCareOfDetail/PersonNm0Justin Olsen
IRS990EZ/BooksInCareOfDetail/PhoneNum06196651394
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02700 Cahuenga Blvd E 4301
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090068
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0100
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0100
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3424
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0100
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0100
IRS990EZ/GrossReceiptsAmt06542
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-47100
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-50524
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-47100
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-47100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Justin B Olsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Assisting Community Art Festiva
IRS990EZ/ProgramServiceRevenueAmt06542
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Artist Web Blog Local artists benefited from Community exposure
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt047200
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt047200
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09966
IRS990EZ/TotalProgramServiceExpensesAmt010
IRS990EZ/TotalRevenueAmt06542
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0100
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Pandemic Loan
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, 26
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Justin B Olsen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06196651394
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Community Arts & Festivals Inc
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0831901861
ReturnHeader/Filer/USAddress/AddressLine1Txt02700 Cahuenga Blvd E Apt 4301
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090068
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830648765
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Taxstar Tax
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018305 Sherman Way Ste 18
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RESEDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091335
ReturnHeader/PreparerPersonGrp/PhoneNum08888448267
ReturnHeader/PreparerPersonGrp/PreparationDt02023-04-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Brent Irek
ReturnHeader/ReturnTs02023-04-18T18:26:09-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Justin
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Olsen
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$100
Liabilities
$47,200
Net assets
-$50,524
Revenue
$6,542
Expenses
$9,966
Net income
-$3,424
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$39.9$37.5$2.40
2022Detailed filing. Detailed filing data is available for this year.$0.10$47.2$50.5$6.54$9.97$3.42
2021Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.14$0.04$0.00$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$20.8$3.62$24.5$20.9
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.83$14.3$13.6$0.73