Civic Intelligence

Careervillage Inc.

990 • Fiscal year 2016 • EIN 90-0796160

Sep 01, 2015 to Aug 31, 2016 • Filed on Apr 10, 2017

1003 Clark WayPalo Alto, CA 94304

(917) 267-9715

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.05x

Higher debt load relative to assets than 53% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

44th percentile

0.02x

Higher debt load relative to revenue than 44% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

89th percentile

40%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

79th percentile

$75,077

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

96th percentile

135%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

211%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$272,663

Up $156,694 (+135%) from 2015

Net Assets

Up

$258,889

Up $227,372 (+721%) from 2015

Liabilities

Down

$13,774

Down $70,678 (-84%) from 2015

Revenue

Up

$571,311

Up $387,701 (+211%) from 2015

Expenses

Up

$343,939

Up $154,521 (+82%) from 2015

Net Income

Up

$227,372

Up $233,180 (+4015%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2013: $14,445Liabilities 2013: $10,000Net Assets 2013: $4,4452013Assets 2014: $47,325Liabilities 2014: $10,000Net Assets 2014: $37,3252014Assets 2015: $115,969Liabilities 2015: $84,452Net Assets 2015: $31,5172015Assets 2016: $272,663Liabilities 2016: $13,774Net Assets 2016: $258,8892016Assets 2017: $620,362Liabilities 2017: $13,883Net Assets 2017: $606,4792017Assets 2018: $539,894Liabilities 2018: $89,403Net Assets 2018: $450,4912018Assets 2019: $333,722Liabilities 2019: $58,820Net Assets 2019: $274,9022019Assets 2020: $1,070,118Liabilities 2020: $90,049Net Assets 2020: $980,0692020Assets 2021: $1,916,533Liabilities 2021: $120,126Net Assets 2021: $1,796,4072021Assets 2022: $1,736,644Liabilities 2022: $45,826Net Assets 2022: $1,690,8182022Assets 2023: $1,266,644Liabilities 2023: $54,465Net Assets 2023: $1,212,1792023Assets 2024: $5,666,727Liabilities 2024: $111,041Net Assets 2024: $5,555,6862024

Highlighted filing

2016

Assets$272,663
Liabilities$13,774
Net Assets$258,889

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $50,164Expenses 2013: $45,719Net Income 2013: $4,4452013Revenue 2014: $116,333Expenses 2014: $83,453Net Income 2014: $32,8802014Revenue 2015: $183,610Expenses 2015: $189,418Net Income 2015: -$5,8082015Revenue 2016: $571,311Expenses 2016: $343,939Net Income 2016: $227,3722016Revenue 2017: $1,012,804Expenses 2017: $665,214Net Income 2017: $347,5902017Revenue 2018: $811,227Expenses 2018: $967,215Net Income 2018: -$155,9882018Revenue 2019: $1,008,090Expenses 2019: $1,183,679Net Income 2019: -$175,5892019Revenue 2020: $1,154,577Expenses 2020: $449,410Net Income 2020: $705,1672020Revenue 2021: $1,766,088Expenses 2021: $949,750Net Income 2021: $816,3382021Revenue 2022: $1,283,848Expenses 2022: $1,487,437Net Income 2022: -$203,5892022Revenue 2023: $1,304,579Expenses 2023: $2,063,551Net Income 2023: -$758,9722023Revenue 2024: $5,710,570Expenses 2024: $3,488,925Net Income 2024: $2,221,6452024

Highlighted filing

2016

Revenue$571,311
Expenses$343,939
Net Income$227,372
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Apr 10, 2017
Return Version
2015v3.0
Gross Receipts
$571,311
Mission and Program Overview

Mission

The corporation, CareerVillage, Inc., is organized exclusively for charitable and educational purposes, specifically: (a) to provide students with career information services, and (b) to carry-on any other activity that may lawfully be carried-on by a corporation formed under Chapter 180 of the General Laws of Massachusetts which is exempt from tax under section 501(c)(3) of the Internal Revenue Code of 1986, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$115,969$272,663▲ $156,694
Total Assets$115,969$272,663▲ $156,694
Liabilities
Deferred Revenue$72,000--
Accounts Payable and Accrued Expenses$12,452$13,774▲ $1,322
Total Liabilities$84,452$13,774▼ $70,678
Net Assets / Fund Balance
Unrestricted Net Assets$31,517$258,889▲ $227,372
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$31,517$258,889▲ $227,372
Total Liabilities and Net Assets / Fund Balance$115,969$272,663▲ $156,694
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jared ChungExecutive DirectorFT$75,077$75,077

Board Members and Trustees

NameTitle
Jessica PliskaBoard Member
Justin PollackBoard Member
Michael ParkBoard Member
Suzanne ReismanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$492,311
Program Service Revenue
$79,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$492,311
Change in Net Assets
$227,372

Audited Revenue Reconciliation

Revenue per Audited Statements
$571,311
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$571,311
Total Revenue per Form 990
$571,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$222,296
Other Expenses$118,643
Total Fundraising Expense$36,577
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,904$12,538$25,742$201,184
Fees for Services Other$60,256$2,056$600$62,912
Payroll Taxes$11,693$1,756$1,949$15,398
Advertising$14,942--$14,942
Information Technology$8,940$610-$9,550
Travel$2,577$57$4,082$6,716
Conferences and Meetings$1,798$487$4,162$6,447
Other Employee Benefits$296$5,418-$5,714
Fees for Services Accounting-$5,519-$5,519
Other Expenses$300$5,079$0$5,379
Occupancy$28$4,698$42$4,768
Grants to Domestic Individuals$3,000--$3,000
Office Expenses$482$1,488-$1,970
Total Functional Expenses$267,216$40,146$36,577$343,939

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$343,939
Total Expenses per Audited Statements$343,939
Total Expenses per Form 990$343,939
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
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 A, Line 2

Two board members, Justin Pollack and Suzanne Reisman, are married.

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

Form 990 is prepared by an outside accounting firm. The form is then reviewed by the organization's executive director. After a full review (with modifications where necessary), the approved version of the tax return is provided to all of the members of the board of directors for their review. If there are no further questions from the board, the return is e-filed with the IRS.

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

Board members agree to the conflict of interest policy annually. Any interests must be reported immediately, after which point the remaining board members must discuss the potential conflict of interest and vote on whether a conflict of interest exists. If a conflict is found to exist, then the remaining board members can enter into procedures to ensure that conflicts are mitigated, including but not limited to appointing a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement, exercise due diligence, and/or determine whether the transaction or arrangement is in the organization's best interests and fair and reasonable.

Form 990, Part VI, Section C, Line 19

Documents are available upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Careervillage Inc
EIN
90-0796160
Phone
9172679715
Address
1003 Clark Way, Palo Alto, CA 94304

Signing Officer

Name
Jared Chung
Title
Executive Director
Phone
9172679715
Signed
2017-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jared Chung
Formed
2011
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
25

Preparer

Firm
Easy Office dba Jitasa
Address
1750 W Front Street Suite 200, Boise, ID 83702
Preparer
Mary Soper
Phone
2082874777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll service fees, software development fees, Professional Fees-other, and Temporary Help

Raw XML AppendixShowing 400 of 417 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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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0203500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt054000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt079500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt030000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0163500
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0571311
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0183610
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0116333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt050164
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt0921418
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0571311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0183610
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0116333
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt050164
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0921418
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0343939
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0571311
IRS990ScheduleD/TotalExpensesPerForm990Amt0343939
IRS990ScheduleD/TotalRevenuePerForm990Amt0571311
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0571311
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0343939
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Two board members, Justin Pollack and Suzanne Reisman, are married.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an outside accounting firm. The form is then reviewed by the organization's executive director. After a full review (with modifications where necessary), the approved version of the tax return is provided to all of the members of the board of directors for their review. If there are no further questions from the board, the return is e-filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members agree to the conflict of interest policy annually. Any interests must be reported immediately, after which point the remaining board members must discuss the potential conflict of interest and vote on whether a conflict of interest exists. If a conflict is found to exist, then the remaining board members can enter into procedures to ensure that conflicts are mitigated, including but not limited to appointing a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement, exercise due diligence, and/or determine whether the transaction or arrangement is in the organization's best interests and fair and reasonable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents are available upon reasonable request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Payroll service fees, software development fees, Professional Fees-other, and Temporary Help
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1MA
IRS990/StatesWhereCopyOfReturnIsFldCd2NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0115969
IRS990/TotalAssetsEOYAmt0272663
IRS990/TotalAssetsGrp/BOYAmt0115969
IRS990/TotalAssetsGrp/EOYAmt0272663
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0492311
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036577
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040146
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0267216
IRS990/TotalFunctionalExpensesGrp/TotalAmt0343939
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt084452
IRS990/TotalLiabilitiesEOYAmt013774
IRS990/TotalLiabilitiesGrp/BOYAmt084452
IRS990/TotalLiabilitiesGrp/EOYAmt013774
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt031517
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0258889
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0267216
IRS990/TotalProgramServiceRevenueAmt079000
IRS990/TotalReportableCompFromOrgAmt075077
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt079000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0571311
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0115969
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0272663
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt04082
IRS990/TravelGrp/ManagementAndGeneralAmt057
IRS990/TravelGrp/ProgramServicesAmt02577
IRS990/TravelGrp/TotalAmt06716
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt031517
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0258889
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01003 Clark Way
IRS990/USAddress/CityNm0Palo Alto
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094304
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.careervillage.org
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Jared Chung
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09172679715
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAREERVILLAGE INC
ReturnHeader/Filer/BusinessNameControlTxt0CARE
ReturnHeader/Filer/EIN0900796160
ReturnHeader/Filer/PhoneNum09172679715
ReturnHeader/Filer/USAddress/AddressLine1Txt01003 Clark Way

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$0.11$5.56$5.71$3.49$2.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.05$1.21$1.30$2.06$0.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.05$1.69$1.28$1.49$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.12$1.80$1.77$0.95$0.82
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.09$0.98$1.15$0.45$0.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.06$0.27$1.01$1.18$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.09$0.45$0.81$0.97$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.01$0.61$1.01$0.67$0.35
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.57$0.34$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.08$0.03$0.18$0.19$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.04$0.12$0.08$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.00$0.05$0.05$0.00