Civic Intelligence

Twenty Inc

EIN 84-3913583 • 501(c)3 • Sonoma, CA

Sonoma, CA
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

1st percentile

-2277975%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

99th percentile

$258,880

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 470690.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

3rd percentile

-100%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $1,275,322 (-100%) from 2022

Liabilities

Down

$0

Down $22,436 (-100%) from 2022

Net Assets

Down

$0

Down $1,252,886 (-100%) from 2022

Revenue

Down

$55

Down $820,058 (-100%) from 2022

Expenses

Down

$1,252,941

Down $503,840 (-29%) from 2022

Net Income

Down

-$1,252,886

Down $316,218 (-34%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2019: $500,000Liabilities 2019: $0Net Assets 2019: $500,0002019Assets 2020: $2,505,936Liabilities 2020: $34,363Net Assets 2020: $2,471,5732020Assets 2021: $2,231,962Liabilities 2021: $43,258Net Assets 2021: $2,188,7042021Assets 2022: $1,275,322Liabilities 2022: $22,436Net Assets 2022: $1,252,8862022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2019: $500,000Expenses 2019: $0Net Income 2019: $500,0002019Revenue 2020: $3,001,769Expenses 2020: $1,030,196Net Income 2020: $1,971,5732020Revenue 2021: $1,840,076Expenses 2021: $2,122,944Net Income 2021: -$282,8682021Revenue 2022: $820,113Expenses 2022: $1,756,781Net Income 2022: -$936,6682022Revenue 2023: $55Expenses 2023: $1,252,941Net Income 2023: -$1,252,8862023

Highlighted filing

2023

Revenue$55
Expenses$1,252,941
Net Income-$1,252,886

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$55
Mission and Program Overview

Mission

Our mission is to notice, develop, and back underrepresented Gen Z youth who want to do good in the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,097,327$0▼ $1,097,327
Intangible Assets$152,468$0▼ $152,468
Land, Buildings, and Equipment, Net$14,277$0▼ $14,277
Prepaid Expenses and Deferred Charges$10,311$0▼ $10,311
Investments Other Securities$939$0▼ $939
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 Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$1,275,322$0▼ $1,275,322
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$22,436--
Total Liabilities$22,436$0▼ $22,436
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,252,886--
Total Net Assets Fund Balance$1,252,886$0▼ $1,252,886
Total Liabilities and Net Assets / Fund Balance$1,275,322$0▼ $1,275,322
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nicholas BarrSecretaryFT$242,998$15,882$258,880
Chalon BridgesPresident & CEOFT$244,615$15,882$244,615

Board Members and Trustees

NameTitle
Eric SimonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$50
Program Service Revenue
$0
Investment Income
$5
Other Revenue
$0
All Other Contributions
$50
Change in Net Assets
$-1,252,886
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$521,264
Other Expenses$443,217
Grants and Similar Amounts Paid$288,460
Total Fundraising Expense$39,993
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$393,637$51,414$37,013$482,064
Grants to Domestic Orgs$278,660--$278,660
Depreciation Depletion$157,009--$157,009
Fees for Services Other-$76,869-$76,869
Fees for Services Legal-$39,340-$39,340
Payroll Taxes$20,331$2,481$1,860$24,672
Insurance$6,515$11,509-$18,024
Other Employee Benefits$11,914$1,494$1,120$14,528
Foreign Grants$9,800--$9,800
Travel$5,512$1,290-$6,802
Occupancy-$3,824-$3,824
Fees for Services Accounting-$3,725-$3,725
Other Expenses$8,295$320-$320
Total Functional Expenses$894,216$318,732$39,993$1,252,941
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hack NY IncNew York, NY501(c)(3)general support$90,000
Unfettered MindWindsor, CA501(c)(3)general support$36,000
The Berkeley Alembic FdnBerkeley, CA501(c)(3)general support$30,000
Shantideva Meditation CenterBrooklyn, NY501(c)(3)general support$10,400
Friends of Meals on WheelsWoodland, CA501(c)(3)general support$6,000
Put Me In IncSan Francisco, CA501(c)(3)general support$5,206
Whales of GuerreroPortland, OR501(c)(3)general support$5,030

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the Form 990 was provided to the board of directors for review and comment prior to filing.

Form 990, Part VI, Section B, Line 12C

Upon election, engagement, or hiring, and on an annual basis thereafter, directors, officers, and employees are required to sign the organization's written conflict of interest policy certifying understanding of his/her duties to fully dislcose any conflicts of interest and compliance with the policy.

Form 990, Part VI, Section B, Line 15A

It is the organization's policy that compensation of any director, officer, or key employee exceeding a certain amount requires a compensation survey detailing relevant comparability data prior to review and written resolution by a disinterested board approving the decision.

Form 990, Part VI, Section B, Line 15B

It is the organization's policy that compensation of any director, officer, or key employee exceeding a certain amount requires a compensation survey detailing relevant comparability data prior to review and written resolution by a disinterested board approving the decision.

Form 990, Part VI, Section C, Line 19

Other organizational documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Twenty Inc
EIN
84-3913583
Phone
7077389941
Address
19201 Sonoma Hwy 275, Sonoma, CA 95476

Signing Officer

Name
Chalon Bridges
Title
President & CEO
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chalon Bridges
Formed
2019
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
1
Employees
2

Preparer

Firm
Tovella Dowling PC
Address
600 W Broadway Ste 660 San Diego, San Diego, CA 92101
Preparer
Julie U Nguyen Esq
Phone
6199309332
Supplemental Narrative

Additional Explanations

Schedule A, Part II, Line 1

Contributions of $500,000, $3,000,000, $1,838,926, and $815,858 in 2019, 2020, 2021, and 2022, respectively, are excludible as unusual grants pursuant to Treasury Regulation Section 1.509a-3c3 as grants drived from the same granting instrument, the terms of which required the grant funds to be paid to the recipient organization over a period of years.

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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0United Kingdom
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization employs a robust grant monitoring process. Prior to awarding grants, potential recipients undergo a vetting process to confirm their 501(c)(3) status and alignment with the organization's mission. For recipients without 501(c)(3) status, the organization executes expenditure responsibility grant agreements to ensure the funds are used towards charitable, mission-aligned purposes. All recipients are required to use the grant funds for specified purposes. For significant grants, the organization may also require recipients to furnish post-disbursement progress reports and/or conduct check-ins with the organization to ensure appropriate usage of grant funds. Non-compliance with grant restrictions may lead to withholding or return of funds, in accordance with the terms of the applicable grant agreement. The organization maintains an active commitment to responsible stewardship of the funds it grants to ensure they are used for the intended charitable purposes.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt06000
IRS990ScheduleI/RecipientTable/CashGrantAmt190000
IRS990ScheduleI/RecipientTable/CashGrantAmt25206
IRS990ScheduleI/RecipientTable/CashGrantAmt310400
IRS990ScheduleI/RecipientTable/CashGrantAmt430000
IRS990ScheduleI/RecipientTable/CashGrantAmt536000
IRS990ScheduleI/RecipientTable/CashGrantAmt65030
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0general support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1general support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2general support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3general support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4general support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5general support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6general support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Friends of Meals on Wheels
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Hack NY Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Put Me In Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Shantideva Meditation Center
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4The Berkeley Alembic Fdn
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Unfettered Mind
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Whales of Guerrero
IRS990ScheduleI/RecipientTable/RecipientEIN0680278088
IRS990ScheduleI/RecipientTable/RecipientEIN1273758609
IRS990ScheduleI/RecipientTable/RecipientEIN2852340572
IRS990ScheduleI/RecipientTable/RecipientEIN3900803193
IRS990ScheduleI/RecipientTable/RecipientEIN4873386461
IRS990ScheduleI/RecipientTable/RecipientEIN5954264256
IRS990ScheduleI/RecipientTable/RecipientEIN6831162579
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 8417
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO Box 176
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2414 36th Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3432 6th Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt42820 Seventh St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt58009 Ferrari Way
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt69815 N Syracuse Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Woodland
IRS990ScheduleI/RecipientTable/USAddress/CityNm1New York
IRS990ScheduleI/RecipientTable/USAddress/CityNm2San Francisco
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Brooklyn
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Berkeley
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Windsor
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Portland
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6OR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd095695
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110276
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd294121
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd311215
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd494710
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd595492
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd697203
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization employs a robust grant monitoring process. Prior to awarding grants, potential recipients undergo a vetting process to confirm their 501(c)(3) status and alignment with the organization's mission. For recipients without 501(c)(3) status, the organization executes expenditure responsibility grant agreements to ensure the funds are used towards charitable, mission-aligned purposes. All recipients are required to use the grant funds for specified purposes. For significant grants, the organization may also require recipients to furnish post-disbursement progress reports and/or conduct check-ins with the organization to ensure appropriate usage of grant funds. Non-compliance with grant restrictions may lead to withholding or return of funds, in accordance with the terms of the applicable grant agreement. The organization maintains an active commitment to responsible stewardship of the funds it grants to ensure they are used for the intended charitable purposes.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt07
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0244615
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1242998
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt09415
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06467
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Chalon Bridges
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Nicholas Barr
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0244615
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1258880
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc2cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc4cash

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