Civic Intelligence

Seven Hearts Foundation

990EZ • Fiscal year 2018 • EIN 83-2830628

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 08, 2019

Organization ProfileN/A
1520 Bernal AvenueBurlingame, CA 94010

(858) 922-7421

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

$150,000

No earlier filing loaded for comparison.

Net Assets

$150,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin100th percentile

Revenue

$150,000

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$150,000

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.

$800K$600K$400K$200K$0Assets 2018: $150,000Liabilities 2018: $0Net Assets 2018: $150,0002018Assets 2019: $294,537Liabilities 2019: $0Net Assets 2019: $294,5372019Assets 2020: $523,902Liabilities 2020: $0Net Assets 2020: $523,9022020Assets 2021: $681,624Liabilities 2021: $0Net Assets 2021: $681,6242021Assets 2022: $585,311Liabilities 2022: $0Net Assets 2022: $585,3112022Assets 2023: $662,398Liabilities 2023: $0Net Assets 2023: $662,3982023Assets 2024: $722,783Liabilities 2024: $0Net Assets 2024: $722,7832024

Highlighted filing

2018

Assets$150,000
Liabilities$0
Net Assets$150,000
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2018: $150,000Expenses 2018: $0Net Income 2018: $150,0002018Revenue 2019: $150,468Expenses 2019: $815Net Income 2019: $149,6532019Revenue 2020: $222,460Expenses 2020: $303Net Income 2020: $222,1572020Revenue 2021: $123,702Expenses 2021: $2,538Net Income 2021: $121,1642021Revenue 2022: $31,949Expenses 2022: $13,896Net Income 2022: $18,0532022Revenue 2023: $29,819Expenses 2023: $13,549Net Income 2023: $16,2702023Revenue 2024: $51,234Expenses 2024: $55,760Net Income 2024: -$4,5262024

Highlighted filing

2018

Revenue$150,000
Expenses$0
Net Income$150,000
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 8, 2019
Return Version
2018v3.1
Gross Receipts
$150,000
Mission and Program Overview

Mission

To provide general charitable, religious, educational and scientific purposes, with a focus on educational matters.

Program Services

DescriptionGrantsExpenses
TO PROVIDE GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL AND SCIENTIFIC PURPOSES, WITH A FOCUS ON EDUCATIONAL MATTERS.$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANCES OLSONPresident-$0--
GERALDINE OLSONSecretary & Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Seven Hearts Foundation
EIN
83-2830628
Phone
8589227421
Address
1520 BERNAL AVENUE, BURLINGAME, CA 94010

Signing Officer

Name
Frances Olson
Title
President
Phone
8589227421
Signed
2019-10-08
Discuss with paid preparer
Yes

Preparer

Firm
Lavine Lofgren Morris & Engelberg Llp
Address
4180 LA JOLLA VILLAGE DR STE 300, LA JOLLA, CA 92037
Preparer
Jennifer a Glaser
Phone
8584551200
Raw XML Appendix123 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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IRS990EZ/TotalRevenueAmt0150000
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/ReturnTs02019-10-14T13:58:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-12-07
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$150,000
Liabilities
$0
Net assets
$150,000
Revenue
$150,000
Expenses
$0
Net income
$150,000
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.23$0.00$7.23$0.51$0.56$0.05
2023Detailed filing. Detailed filing data is available for this year.$6.62$0.00$6.62$0.30$0.14$0.16
2022Detailed filing. Detailed filing data is available for this year.$5.85$0.00$5.85$0.32$0.14$0.18
2021Detailed filing. Detailed filing data is available for this year.$6.82$0.00$6.82$1.24$0.03$1.21
2020Detailed filing. Detailed filing data is available for this year.$5.24$0.00$5.24$2.22$0.00$2.22
2019Detailed filing. Detailed filing data is available for this year.$2.95$0.00$2.95$1.50$0.01$1.50
2018Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$1.50$0.00$1.50