Civic Intelligence

Farr'S Best

990EZ • Fiscal year 2020 • EIN 85-3885259

Feb 07, 2020 to Dec 31, 2020 • Filed on Aug 17, 2021

Organization ProfileN/A
5020 Klump Ave Penthouse 621North Hollywood, CA 91601

(713) 601-0395

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$8,263

No earlier filing loaded for comparison.

Net Assets

$8,263

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin98th percentile

Revenue

$8,534

No earlier filing loaded for comparison.

Expenses

$271

No earlier filing loaded for comparison.

Net Income

$8,263

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.

$10K$5.0K$0Assets 2020: $8,263Net Assets 2020: $8,2632020

Highlighted filing

2020

Assets$8,263
Liabilities-
Net Assets$8,263
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10K$5.0K$0Revenue 2020: $8,534Expenses 2020: $271Net Income 2020: $8,2632020

Highlighted filing

2020

Revenue$8,534
Expenses$271
Net Income$8,263
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Feb 7, 2020 to Dec 31, 2020
Signed
Aug 17, 2021
Return Version
2020v4.0
Gross Receipts
$8,534
Mission and Program Overview

Mission

Farr's best is a 501(c)(3) community building nonprofit whose specific purpose is to serve and empower minority youth from underserved communities to improve their lives through employment and business leadership.

Program Services

DescriptionGrantsExpenses
THIS ENTITY BEGAN TO SERVE AND EMPOWER MINORITY YOUTH FROM UNDERSERVED COMMUNITIES.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDRE FARRChairman-$0--
Filing and Contact Details

Filer

Filer Name
FARR'S BEST
EIN
85-3885259
Address
5020 KLUMP AVE PENTHOUSE 621, NORTH HOLLYWOOD, CA 91601

Signing Officer

Name
Andre Farr
Title
Chairman
Signed
2021-08-17
Discuss with paid preparer
Yes

Preparer

Firm
Gary a Margolis Accountancy Corp
Address
3452 EAST FOOTHILL BLVD STE 125, PASADENA, CA 91107
Preparer
Gary a Margolis
Phone
6265689676
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

“Farr's best is a 501(c)(3) community building nonprofit whose specific purpose is to serve and empower minority youth from underserved communities to improve their lives through employment and business leadership.”

Raw XML Appendix98 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0ANDRE FARR
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAMILA BROWN
IRS990EZ/BooksInCareOfDetail/PhoneNum07136010395
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05020 KLUMP AVE PENTHOUSE 621
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH HOLLYWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091601
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08263
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt08534
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt08263
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0271
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08263
IRS990EZ/GrossReceiptsAmt08534
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08263
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08263
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANDRE FARR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FARR'S BEST IS A 501(C)(3) COMMUNITY BUILDING NONPROFIT WHOSE SPECIFIC PURPOSE IS TO SERVE AND EMPOWER MINORITY YOUTH FROM UNDERSERVED COMMUNITIES TO IMPROVE THEIR LIVES THROUGH EMPLOYMENT AND BUSINESS LEADERSHIP.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THIS ENTITY BEGAN TO SERVE AND EMPOWER MINORITY YOUTH FROM UNDERSERVED COMMUNITIES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0271
IRS990EZ/TotalRevenueAmt08534
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08534
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt08534
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt08534
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08534
IRS990ScheduleA/Total509Grp/TotalAmt08534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08534
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08534
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FARR'S BEST IS A 501(C)(3) COMMUNITY BUILDING NONPROFIT WHOSE SPECIFIC PURPOSE IS TO SERVE AND EMPOWER MINORITY YOUTH FROM UNDERSERVED COMMUNITIES TO IMPROVE THEIR LIVES THROUGH EMPLOYMENT AND BUSINESS LEADERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDRE FARR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FARR'S BEST
ReturnHeader/Filer/BusinessNameControlTxt0FARR
ReturnHeader/Filer/EIN0853885259
ReturnHeader/Filer/USAddress/AddressLine1Txt05020 KLUMP AVE PENTHOUSE 621
ReturnHeader/Filer/USAddress/CityNm0NORTH HOLLYWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091601
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954356130
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GARY A MARGOLIS ACCOUNTANCY CORP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03452 EAST FOOTHILL BLVD STE 125
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PASADENA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091107
ReturnHeader/PreparerPersonGrp/PhoneNum06265689676
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY A MARGOLIS
ReturnHeader/ReturnTs02021-08-18T19:03:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ANDRE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FARR
ReturnHeader/TaxPeriodBeginDt02020-02-07
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,263
Liabilities
-
Net assets
$8,263
Revenue
$8,534
Expenses
$271
Net income
$8,263
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$8,263$8,263$8,534$271$8,263