Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
South Bay Entrepreneurial Center Inc
EIN 90-0753524 • 501(c)3 • Torrance, CA
Profile
To provide assistance with the generation of economic activity and new jobs by small business in the local area, by educating entrepreneurs and startup companies in developing their technologies and businesses, to foster innovation in the local community, to facilitate commercialization of university and privately developed technologies, to marshal educational resources for job training, to assist in arranging technology transfer arrangements between large companies and small technology oriented firms in the area and to foster venture capital groups to provide equity capital to the emerging growth companies in the community.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
26th percentile
Faster revenue growth than 26% of similar nonprofits.
Balance Sheet
Assets
Up$12,355
Up $3,804 (+44%) from 2014
Liabilities
Flat$0
Flat from 2014
Net Assets
Up$12,355
Up $3,804 (+44%) from 2014
Revenue
Down$30,274
Down $14,263 (-32%) from 2014
Expenses
Down$26,470
Down $8,309 (-24%) from 2014
Net Income
Down$3,804
Down $5,954 (-61%) from 2014
Trend Graphs
Filings
Most recent year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $12,355
- Liabilities
- $0
- Net assets
- $12,355
- Revenue
- $30,274
- Expenses
- $26,470
- Net income
- $3,804
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- May 12, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $30,274
Mission and Program Overview
Mission
To provide assistance with the generation of economic activity and new jobs by small business in the local area, by educating entrepreneurs and startup companies in developing their technologies and businesses, to foster innovation in the local community, to facilitate commercialization of university and privately developed technologies, to marshal educational resources for job training, to assist in arranging technology transfer arrangements between large companies and small technology oriented firms in the area and to foster venture capital groups to provide equity capital to the emerging growth companies in the community.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE ASSISTANCE WITH THE GENERATION OF ECONOMIC ACTIVITY AND NEW JOBS BY SMALL BUSINESS IN THE LOCAL AREA, BY EDUCATING ENTREPRENEURS AND STARTUP COMPANIES IN DEVELOPING THEIR TECHNOLOGIES AND BUSINESSES, TO FOSTER INNOVATION IN THE LOCAL COMMUNITY, TO FACILITATE COMMERCIALIZATION OF UNIVERSITY AND PRIVATELY DEVELOPED TECHNOLOGIES, TO MARSHAL EDUCATIONAL RESOURCES FOR JOB TRAINING, TO ASSIST IN ARRANGING TECHNOLOGY TRANSFER ARRANGEMENTS BETWEEN LARGE COMPANIES AND SMALL TECHNOLOGY ORIENTED FIRMS IN THE AREA AND TO FOSTER VENTURE CAPITAL GROUPS TO PROVIDE EQUITY CAPITAL TO THE EMERGING GROWTH COMPANIES IN THE COMMUNITY. | $1,500 | $23,146 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| FRAN FULTON | Board Member | - | $0 | - | - |
| CHRIS BRAUN | President | PT | $0 | - | - |
| MARK HIRADE | Secretary | - | $0 | - | - |
| ALEXIS JENSEN | Treasurer | - | $0 | - | - |
| ALICE TAYLOR | Board Member | - | $0 | - | - |
| PAT SANDT | Board Member | - | $0 | - | - |
| SCOTT HERRING | Board Member | - | $0 | - | - |
| JOE PLATNIK | Board Member | - | $0 | - | - |
| GARY POLK | Executive Director | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- South Bay Entrepreneurial Center Inc
- EIN
- 90-0753524
- Phone
- 4242417140
- Address
- 1108 SARTORI AVENUE NO 120, TORRANCE, CA 90501
Signing Officer
- Name
- Gary L Polk
- Title
- Executive Director
- Phone
- 4242417140
- Signed
- 2016-05-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- SERVATIUS O'BRIEN & FONG LLP
- Address
- 2980 COLUMBIA STREET, TORRANCE, CA 90503
- Preparer
- ROSS H O'BRIEN
- Phone
- 3105399400
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank fees. Amount: 22. Description: advertising. Amount: 862. Description: office expenses. Amount: 60. Description: information technology. Amount: 496. Description: insurance. Amount: 1,435. Description: catering. Amount: 2,862. Description: interns. Amount: 1,570. Description: other misc office expenses. Amount: 1,350. Description: donations. Amount: 1,000. Description: dues & memberships. Amount: 365. Description: program membership. Amount: 270. Description: postage. Amount: 234. Description: supplies. Amount: 181. Description: outside services. Amount: 145. Description: office supplies. Amount: 11. Description: scholarship. Amount: 12,000. Description: misc expenses. Amount: 67. Total to form 990-ez, line 16: 22,930.”
Raw XML Appendix181 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.
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| IRS990EZ/Organization501c3Ind | 0 | X |
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| IRS990EZ/ProgramServiceRevenueAmt | 0 | 28774 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: BANK FEES. AMOUNT: 22. DESCRIPTION: ADVERTISING. AMOUNT: 862. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 60. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 496. DESCRIPTION: INSURANCE. AMOUNT: 1,435. DESCRIPTION: CATERING. AMOUNT: 2,862. DESCRIPTION: INTERNS. AMOUNT: 1,570. DESCRIPTION: OTHER MISC OFFICE EXPENSES. AMOUNT: 1,350. DESCRIPTION: DONATIONS. AMOUNT: 1,000. DESCRIPTION: DUES & MEMBERSHIPS. AMOUNT: 365. DESCRIPTION: PROGRAM MEMBERSHIP. AMOUNT: 270. DESCRIPTION: POSTAGE. AMOUNT: 234. DESCRIPTION: SUPPLIES. AMOUNT: 181. DESCRIPTION: OUTSIDE SERVICES. AMOUNT: 145. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 11. DESCRIPTION: SCHOLARSHIP. AMOUNT: 12,000. DESCRIPTION: MISC EXPENSES. AMOUNT: 67. TOTAL TO FORM 990-EZ, LINE 16: 22,930. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2016-09-27 15:27:22Z |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3105399400 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROSS H O'BRIEN |
| ReturnHeader/ReturnTs | 0 | 2016-05-13T12:42:24-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.