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

78th percentile

0.08x

Higher debt load relative to assets than 78% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

12th percentile

-66%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

16th percentile

-68%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

23rd percentile

-39%

Faster revenue growth than 23% of similar nonprofits.

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

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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARSON
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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
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0127092
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt076507
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076507
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0125335
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt031715
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt063000
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0233557
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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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
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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
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ReturnHeader/Filer/PhoneNum02136756157
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ReturnHeader/PreparerPersonGrp/PhoneNum03105404118
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANTHONY P BOZANIC CPA
ReturnHeader/ReturnTs02024-06-14T17:38:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POLK
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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