Civic Intelligence

Rs11 Foundation

990EZ • Fiscal year 2021 • EIN 83-3081616

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 26, 2022

10100 Torre Ave 209Cupertino, CA 95014

(408) 640-0372

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

9th percentile

-74%

Higher net margin than 9% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

26th percentile

-9.7%

Faster asset growth than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-87%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$2,808

Down $303 (-9.7%) from 2020

Net Assets

Down

$2,808

Down $303 (-9.7%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$409

Down $2,725 (-87%) from 2020

Expenses

Down

$712

Down $21,517 (-97%) from 2020

Net Income

Up

-$303

Up $18,792 (+98%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2019: $45,836Liabilities 2019: $23,6302019Assets 2020: $3,111Liabilities 2020: $0Net Assets 2020: $3,1112020Assets 2021: $2,808Liabilities 2021: $0Net Assets 2021: $2,8082021Assets 2022: $21,905Liabilities 2022: $500Net Assets 2022: $21,4052022

Highlighted filing

2021

Assets$2,808
Liabilities$0
Net Assets$2,808

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $125,000Expenses 2019: $102,794Net Income 2019: $22,2062019Revenue 2020: $3,134Expenses 2020: $22,229Net Income 2020: -$19,0952020Revenue 2021: $409Expenses 2021: $712Net Income 2021: -$3032021Revenue 2022: $21,111Expenses 2022: $2,514Net Income 2022: $18,5972022

Highlighted filing

2021

Revenue$409
Expenses$712
Net Income-$303
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 26, 2022
Return Version
2021v4.0
Gross Receipts
$409
Mission and Program Overview

Mission

Promote early childhood development and education.

Program Services

DescriptionGrantsExpenses
Awareness and Promotion of Early Childhood Development & Education:From conception to the first 1,000 days of life, our brains develop more and faster than at any other time in our life. So, what happens in those early years of life has a big impact on the rest of your life. Getting these fundamental foundational blocks right is of utmost importance, since everything else in life builds on this. Everything from the environment you grow up in, to the wellbeing/knowledge of your primary caregivers (typically your parents) has a dramatic impact on the future trajectory of the rest of your life.This is the focus of RS11 Foundation. This work is commonly referred to as the two generation approach, because we not only need to focus in on the healthy development of the unborn and newborn child (field of research know as Early Childhood Development or ECD for short), but we also need to focus in on the development of the primary caregiver.Society currently and historically has focused predominantly downstream (reactive mindset) like trying to address homeless, incarceration and crime, opposed to going upstream (prevention mindset) to search for the source/root cause of the issue. RS11 Foundation is going upstream, focusing on and investing in early childhood development and education. If society invests a $1 in the early years (in ECD) of ones life, society as a whole will save $7 to $17 downstream from reduction of homelessness, incarceration, mental health issues, chronic health issues, poverty, etc.The challenge is to find out what works without reinventing the wheel. We start with large philanthropists and foundations with a proven track record and perform research, conduct interviews and site visits to gain an understanding of:1) How they vet the programs that they invest in and support2) Their best practices3) How they measure impact4) Their research5) Their finances6) What works and what doesnt7) What programs are effective and not effective and why8) What cultures and management styles of the various organizations work the bestThese processes were then applied to organizations operating in the ECD space to identify those with the most potential for making the most impact from increased financial support. Then we promote these organizations through outreach and our website.Due to the COVID pandemic, our 2021 activities were postponed.--
Webpage DevelopmentWebpage development is in its early stages and has been primarily conducted by dedicated volunteer IT professionals.The goal is to develope a webpage that provides donors with the knowlege necessary to direct their funding where it will do the most good. By explaining why early childhood development is so critical to a sucessful life, how and why we choose our vetting process, and those entities that we have analyzed that are doing it right, we hope to focus efforts, physical and financial, at the cause instead of the symptoms.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Arthur NorinsPresident & CEOPT$0--
Joseph RobillardDirector-$0--
Michael LeeDirector-$0--
Roxanne WorlockCFO & Secretary-$0--
Filing and Contact Details

Filer

Filer Name
RS11 Foundation
EIN
83-3081616
Phone
4086400372
Address
10100 Torre Ave 209, Cupertino, CA 95014

Signing Officer

Name
Roxanne Worlock
Title
CFO
Signed
2022-04-26
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $88

Other Expenses.1

SOS Filing fee $35

Changes to Organizing or Governing Documents

The Organization formally changed its name to RS11 Foundation in August of 2021. A notice of name change and copies of the restated articles of incorporation were separately filed with the IRS in August of 2021. See attached copies of the restated articles of incorporation for reference.

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Filings