Civic Intelligence

The Foundnation

990 • Fiscal year 2018 • EIN 83-2560354

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 11, 2021

Organization ProfileFOUNDNATION.INFO
145 S Glenoaks BlvdBurbank, CA 91502

(909) 484-8494

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

$400

No earlier filing loaded for comparison.

Net Assets

$400

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin100th percentile

Revenue

$400

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$400

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$3.0K$2.0K$1.0K$0Assets 2018: $400Liabilities 2018: $0Net Assets 2018: $4002018Assets 2019: $1,858Liabilities 2019: $0Net Assets 2019: $1,8582019Assets 2020: $2,375Liabilities 2020: $0Net Assets 2020: $2,3752020

Highlighted filing

2018

Assets$400
Liabilities$0
Net Assets$400
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15K$10K$5.0K$0Revenue 2018: $400Expenses 2018: $0Net Income 2018: $4002018Revenue 2019: $6,450Expenses 2019: $4,992Net Income 2019: $1,4582019Revenue 2020: $10,814Expenses 2020: $10,297Net Income 2020: $5172020

Highlighted filing

2018

Revenue$400
Expenses$0
Net Income$400
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 11, 2021
Return Version
2018v3.1
Gross Receipts
$400
Mission and Program Overview

Mission

To provide educational programming around diversity and inclusion of minority identified individuals in representation and visibility.

To provide educational programming around diversity and inclusion and support minority identified individuals in reprsentation and visibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$400-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$400▲ $400
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$400-
Total Net Assets Fund Balance$0$400▲ $400
Total Liabilities and Net Assets / Fund Balance$0$400▲ $400
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Cadence ValentineCEO
Todd SaharaCFO
Melissa LathropSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$400
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$400
Change in Net Assets
$400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
The Foundnation
EIN
83-2560354
Phone
9094848494
Address
145 S GLENOAKS BLVD, BURBANK, CA 91502

Signing Officer

Name
Melissa Lathrop
Title
Secretary
Phone
8182095756
Signed
2021-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Lathrop
Formed
2018
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Chambers Business Management Inc
Address
5328 Alhama Drive, Woodland Hills, CA 91364
Preparer
Sharon D Chambers
Phone
8189991162
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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/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/Filer/EIN0832560354
ReturnHeader/Filer/PhoneNum09094848494
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Woodland Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091364
ReturnHeader/PreparerPersonGrp/PhoneNum08189991162
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sharon D Chambers
ReturnHeader/ReturnTs02021-09-11T18:27:40-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$400
Liabilities
$0
Net assets
$400
Revenue
$400
Expenses
$0
Net income
$400
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.00$2.38$10.8$10.3$0.52
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.00$1.86$6.45$4.99$1.46
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.40$0.00$0.40