Civic Intelligence

Steven M Sorenson Foundation

990EZ • Fiscal year 2020 • EIN 83-2217488

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 30, 2021

Organization ProfileN/A
27585 Puerta Real Ste 300-222Mission Viejo, CA 92691

(949) 506-4239

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

26th percentile

-12%

Higher net margin than 26% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

4th percentile

-79%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

92nd percentile

87%

Faster revenue growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$958

Down $21,542 (-96%) from 2018

Net Assets

Down

$958

Down $21,542 (-96%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin26th percentile

Revenue

Up

$78,499

Up $55,999 (+249%) from 2018

Expenses

Up

$88,057

Up $88,057 from 2018

Net Income

Down

-$9,558

Down $32,058 (-142%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$40K$30K$20K$10K$0Assets 2018: $22,500Liabilities 2018: $0Net Assets 2018: $22,5002018Assets 2020: $958Liabilities 2020: $0Net Assets 2020: $9582020Assets 2021: $30,657Liabilities 2021: $0Net Assets 2021: $30,6572021Assets 2022: $24,897Liabilities 2022: $0Net Assets 2022: $24,6342022Assets 2023: $3,241Liabilities 2023: $0Net Assets 2023: $3,2412023Assets 2024: $2,318Net Assets 2024: $2,3182024

Highlighted filing

2020

Assets$958
Liabilities$0
Net Assets$958
Open 2020 Filing

Operations Trend

Revenue Growth92nd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2018: $22,500Expenses 2018: $0Net Income 2018: $22,5002018Revenue 2020: $78,499Expenses 2020: $88,057Net Income 2020: -$9,5582020Revenue 2021: $121,376Expenses 2021: $91,677Net Income 2021: $29,6992021Revenue 2022: $25,437Expenses 2022: $31,460Net Income 2022: -$6,0232022Revenue 2023: $145,771Expenses 2023: $167,427Net Income 2023: -$21,6562023Revenue 2024: $30,265Expenses 2024: $31,188Net Income 2024: -$9232024

Highlighted filing

2020

Revenue$78,499
Expenses$88,057
Net Income-$9,558
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 30, 2021
Return Version
2020v4.0
Gross Receipts
$83,177
Mission and Program Overview

Mission

To provide support for young members of the lgbt community.

Program Services

DescriptionGrantsExpenses
LGBT YOUTH SUPPORT--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN M SORENSONPresident-$0--
ELEANOR SORENSONSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Ibex Foundation
EIN
83-2217488
Phone
9495064239
Address
27585 PUERTA REAL STE 300-222, MISSION VIEJO, CA 92691

Signing Officer

Name
Steven M Sorenson
Title
President
Signed
2021-09-30
Discuss with paid preparer
Yes

Preparer

Firm
Steven R Jeppson CPA
Address
3680 Grant Drive Suite G, Reno, NV 89509
Preparer
Steven R Jeppson
Phone
7756267948
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: HUMAN RIGHTS CAMPAIGN C/O EQUALITY CNTR | Donee's Address: 1640 RHODE ISLAND AVE NW WASHINGTON DC 20036 | Relationship of Donee: NONE | Cash Amount Given: $25000”

Grants and Similar Amounts Paid In Excess of $5,000.6

“| Donee's Name: SERGERSTROM CENTER | Donee's Address: 600 TOWN CENTER DR COSTA MESA CA 92626 | Relationship of Donee: NONE | Cash Amount Given: $12000”

Other Expenses.1002

“Office Expenses $3435”

Other Expenses.1

“IRS $302”

Raw XML Appendix134 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/BooksInCareOfDetail/PersonNm0STEVEN M SORENSON
IRS990EZ/BooksInCareOfDetail/PhoneNum09495064239
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt028202 CABOT RD STE 300
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LAGUNA NIGUEL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092677
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt067001
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0958
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt071172
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt04678
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9558
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt047320
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt067001
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0958
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt07281
IRS990EZ/GrantsAndSimilarAmountsPaidAmt037000
IRS990EZ/GrossReceiptsAmt083177
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt046
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt067001
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0958
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt067001
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0958
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVEN M SORENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELEANOR SORENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-56485
IRS990EZ/OtherExpensesTotalAmt03737
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SUPPORT FOR YOUNG MEMBERS OF THE LGBT COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LGBT YOUTH SUPPORT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt011959
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt088057
IRS990EZ/TotalRevenueAmt078499
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt071172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0153471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0247143
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0247143
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt071172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0153471
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0247143
IRS990ScheduleA/TotalSupportAmt0247143
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: HUMAN RIGHTS CAMPAIGN C/O EQUALITY CNTR | Donee's Address: 1640 RHODE ISLAND AVE NW WASHINGTON DC 20036 | Relationship of Donee: NONE | Cash Amount Given: $25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: SERGERSTROM CENTER | Donee's Address: 600 TOWN CENTER DR COSTA MESA CA 92626 | Relationship of Donee: NONE | Cash Amount Given: $12000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $3435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IRS $302
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN M SORENSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IBEX FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0IBEX
ReturnHeader/Filer/EIN0832217488
ReturnHeader/Filer/PhoneNum09495064239
ReturnHeader/Filer/USAddress/AddressLine1Txt027585 PUERTA REAL STE 300-222
ReturnHeader/Filer/USAddress/CityNm0MISSION VIEJO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092691
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461726087
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Steven R Jeppson CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03680 Grant Drive Suite G
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Reno
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089509
ReturnHeader/PreparerPersonGrp/PhoneNum07756267948
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R JEPPSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-09-30T14:42:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEVEN M
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SORENSON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$958
Liabilities
$0
Net assets
$958
Revenue
$78,499
Expenses
$88,057
Net income
-$9,558
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.30$0.31$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.46$1.67$0.22
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.25$0.31$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$1.21$0.92$0.30
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.78$0.88$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.23$0.00$0.23