Civic Intelligence

Polk Institute Foundation

EIN 85-3376905 • 501(c)3 • Carson, CA

Profile

Serving social entrepreneurs to help make the world a better place.

1552 E Cyrene DriveCarson, CA 90746

polkinstitute.org

Siviq Scores

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

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

70th percentile

0.01x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

87th percentile

42%

Higher net margin than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

Down

$23,778

Down $50,178 (-68%) from 2022

Liabilities

Up

$1,973

Up $407 (+26%) from 2022

Net Assets

Down

$21,805

Down $50,585 (-70%) from 2022

Revenue

Down

$76,507

Down $48,828 (-39%) from 2022

Expenses

Up

$127,092

Up $54,450 (+75%) from 2022

Net Income

Down

-$50,585

Down $103,278 (-196%) from 2022

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2022: $73,956Liabilities 2022: $1,566Net Assets 2022: $72,3902022Assets 2023: $23,778Liabilities 2023: $1,973Net Assets 2023: $21,8052023

Highlighted filing

2023

Assets$23,778
Liabilities$1,973
Net Assets$21,805

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2022: $125,335Expenses 2022: $72,642Net Income 2022: $52,6932022Revenue 2023: $76,507Expenses 2023: $127,092Net Income 2023: -$50,5852023

Highlighted filing

2023

Revenue$76,507
Expenses$127,092
Net Income-$50,585

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 11, 2024
Return Version
2023v5.0
Gross Receipts
$76,507
Mission and Program Overview

Mission

Serving social entrepreneurs to help make the world a better place.

Program Services

DescriptionGrantsExpenses
SERVING SOCIAL ENTREPRENEURS TO HELP MAKE THE WORLD A BETTER PLACE. TO HELP LAUNCH 1,000 SOCIAL ENTREPRENEURSHIPS BY 2032.$0$127,092
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL LAWSONBoard Member-$0--
GARY POLKChairman And CEOPT$0--
TIM DURACheif Operations OfficerPT$0--
CLAUDINE POLKChief Of StaffPT$0--
MICHAEL MANAHANTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Polk Institute Foundation
EIN
85-3376905
Phone
2136756157
Address
1552 E CYRENE DRIVE, CARSON, CA 90746

Signing Officer

Name
Gary Polk
Title
Chief Executive Officer
Phone
3236756157
Signed
2024-06-11
Discuss with paid preparer
Yes

Preparer

Firm
Pdm Llp
Address
3460 TORRANCE BLVD STE 200, TORRANCE, CA 90503
Preparer
Anthony P Bozanic CPA
Phone
3105404118
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: computer & software. Amount: 17,207. Description: events expenses. Amount: 42,998. Description: insurance. Amount: 625. Description: meals & entertainment. Amount: 6,292. Description: office expenses. Amount: 1,948. Description: outreach. Amount: 20,377. Description: taxes & fees. Amount: 32. Description: training & conferences. Amount: 11,389. Description: travel. Amount: 1,082. Total to form 990-ez, line 16: 101,950.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 38,000. End of year amount: 19,700.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to dpp enterprises. Beg. Of year amount: 1,566. End of year amount: 1,973.

Raw XML Appendix180 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL MANAHAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02136756157
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01552 E CYRENE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090746
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt035956
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04078
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt076507
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-50585
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt073956
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023778
IRS990EZ/GrossReceiptsAmt076507
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt01973
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd01
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt072390
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021805
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt072390
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021805
IRS990EZ/OccupancyRentUtltsAndMaintAmt015240
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt230.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt320.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt48.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL LAWSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GARY POLK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIM DURA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CLAUDINE POLK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MICHAEL MANAHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIRMAN AND CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CHEIF OPERATIONS OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHIEF OF STAFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt038000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt019700
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0101950
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SERVING SOCIAL ENTREPRENEURS TO HELP MAKE THE WORLD A BETTER PLACE.
IRS990EZ/PrintingPublicationsPostageAmt01902
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SERVING SOCIAL ENTREPRENEURS TO HELP MAKE THE WORLD A BETTER PLACE. TO HELP LAUNCH 1,000 SOCIAL ENTREPRENEURSHIPS BY 2032.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0127092
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01566
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01973
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0127092
IRS990EZ/TotalProgramServiceExpensesAmt0127092
IRS990EZ/TotalRevenueAmt076507
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0HTTPS://POLKINSTITUTE.ORG/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076507
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0125335
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt031715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0233557
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73030
IRS990ScheduleA/PublicSupportTotal509Amt0170557
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt029000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt034000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt063000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt029000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt034000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt063000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076507
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125335
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt031715
IRS990ScheduleA/Total509Grp/TotalAmt0233557
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076507
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0125335
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt031715
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0233557
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01973
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATING EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0DPP ENTERPRISES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt01973
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: COMPUTER & SOFTWARE. AMOUNT: 17,207. DESCRIPTION: EVENTS EXPENSES. AMOUNT: 42,998. DESCRIPTION: INSURANCE. AMOUNT: 625. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 6,292. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,948. DESCRIPTION: OUTREACH. AMOUNT: 20,377. DESCRIPTION: TAXES & FEES. AMOUNT: 32. DESCRIPTION: TRAINING & CONFERENCES. AMOUNT: 11,389. DESCRIPTION: TRAVEL. AMOUNT: 1,082. TOTAL TO FORM 990-EZ, LINE 16: 101,950.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 38,000. END OF YEAR AMOUNT: 19,700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO DPP ENTERPRISES. BEG. OF YEAR AMOUNT: 1,566. END OF YEAR AMOUNT: 1,973.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY POLK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03236756157
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POLK INSTITUTE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0POLK
ReturnHeader/Filer/EIN0853376905
ReturnHeader/Filer/PhoneNum02136756157
ReturnHeader/Filer/USAddress/AddressLine1Txt01552 E CYRENE DRIVE
ReturnHeader/Filer/USAddress/CityNm0CARSON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090746
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330783700
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PDM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03460 TORRANCE BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TORRANCE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090503
ReturnHeader/PreparerPersonGrp/PhoneNum03105404118
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY P BOZANIC CPA
ReturnHeader/ReturnTs02024-06-14T17:38:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POLK
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.