Civic Intelligence

Soundvision Productions

990 • Fiscal year 2014 • EIN 94-3231679

Jul 01, 2013 to Jun 30, 2014 • Filed on Apr 22, 2015

2991 Shattuck Avenue94705

(510) 486-1185

Siviq Scores

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

Liabilities / Assets

66th percentile

0.27x

Higher debt load relative to assets than 66% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

84th percentile

$148,695

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

1st percentile

-63%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

21st percentile

-10%

Faster revenue growth than 21% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$180,179

Down $311,709 (-63%) from 2013

Net Assets

Down

$131,864

Down $297,556 (-69%) from 2013

Liabilities

Down

$48,315

Down $14,153 (-23%) from 2013

Revenue

Down

$1,383,986

Down $160,319 (-10%) from 2013

Expenses

Up

$1,681,542

Up $642,926 (+62%) from 2013

Net Income

Down

-$297,556

Down $803,245 (-159%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,090,136Liabilities 2011: $102,345Net Assets 2011: $987,7912011Assets 2013: $491,888Liabilities 2013: $62,468Net Assets 2013: $429,4202013Assets 2014: $180,179Liabilities 2014: $48,315Net Assets 2014: $131,8642014Assets 2015: $376,044Liabilities 2015: $17,291Net Assets 2015: $358,7532015Assets 2016: $42,710Liabilities 2016: $67,131Net Assets 2016: -$24,4212016Assets 2017: $27,653Liabilities 2017: $96,105Net Assets 2017: -$68,4522017Assets 2021: $0Net Assets 2021: $02021Assets 2022: $0Net Assets 2022: $02022Assets 2023: $0Net Assets 2023: $02023Assets 2024: $0Net Assets 2024: $02024Assets 2025: $0Net Assets 2025: $02025

Highlighted filing

2014

Assets$180,179
Liabilities$48,315
Net Assets$131,864

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $23,424Expenses 2011: $788,384Net Income 2011: -$764,9602011Revenue 2013: $1,544,305Expenses 2013: $1,038,616Net Income 2013: $505,6892013Revenue 2014: $1,383,986Expenses 2014: $1,681,542Net Income 2014: -$297,5562014Revenue 2015: $1,143,082Expenses 2015: $916,193Net Income 2015: $226,8892015Revenue 2016: $116,687Expenses 2016: $499,861Net Income 2016: -$383,1742016Revenue 2017: $3,097Expenses 2017: $47,128Net Income 2017: -$44,0312017Revenue 2021: $0Expenses 2021: $4,339Net Income 2021: -$4,3392021Revenue 2022: $800Expenses 2022: $4,552Net Income 2022: -$3,7522022Revenue 2023: $112,563Expenses 2023: $4,788Net Income 2023: $107,7752023Revenue 2024: $0Expenses 2024: $2,959Net Income 2024: -$2,9592024Revenue 2025: $0Expenses 2025: $3,096Net Income 2025: -$3,0962025

Highlighted filing

2014

Revenue$1,383,986
Expenses$1,681,542
Net Income-$297,556
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Apr 22, 2015
Return Version
2013v4.0
Gross Receipts
$1,383,986
Mission and Program Overview

Mission

To provide education and information about how developments in science, the environment, arts and humanities influence our lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$362,907$110,935▼ $251,972
Savings and Temporary Cash Investments$64,382$59,250▼ $5,132
Cash and Non-Interest-Bearing Accounts$58,319$8,164▼ $50,155
Prepaid Expenses and Deferred Charges$5,000$550▼ $4,450
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$491,888$180,179▼ $311,709
Other Assets Total$1,280$1,280→ $0
Liabilities
Accounts Payable and Accrued Expenses$10,115$30,566▲ $20,451
Deferred Revenue-$12,036-
Mortgage Notes Payable Secured by Investment Property$52,353$5,713▼ $46,640
Total Liabilities$62,468$48,315▼ $14,153
Net Assets / Fund Balance
Temporarily Rstr Net Assets$506,984$110,935▼ $396,049
Unrestricted Net Assets$-77,564$20,929▲ $98,493
Total Net Assets Fund Balance$429,420$131,864▼ $297,556
Total Liabilities and Net Assets / Fund Balance$491,888$180,179▼ $311,709

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$26,810$26,810
Other Land Buildings-$7,560$7,560
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Bari ScottExec DirectorFT$148,695$148,695

Board Members and Trustees

NameTitle
Spencer WeisbrothPresident
Vic BedoianVice President
Paris WilliamsSecretary
Nigel JonesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,361,846
Program Service Revenue
$0
Investment Income
$66
Other Revenue
$22,074
All Other Contributions
$493,397
Change in Net Assets
$-297,556

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,383,986
Total Revenue per Audited Statements
$1,383,986
Total Revenue per Form 990
$1,383,986
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,387,584
Salaries, Compensation, and Employee Benefits$293,958
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,095,489$148,921-$1,244,410
Current Officers, Directors, Trustees, and Key Employees$132,338$16,357-$148,695
Other Salaries and Wages$68,264$8,437-$76,701
Travel$46,673$5,769-$52,442
Other Employee Benefits$46,089$5,696-$51,785
Office Expenses$16,453$2,033-$18,486
Occupancy$15,708$1,941-$17,649
Payroll Taxes$14,931$1,846-$16,777
Information Technology$9,726$1,202-$10,928
Insurance$9,161$1,132-$10,293
All Other Expenses$5,074$629-$5,703
Other Expenses$3,238$400-$3,638
Conferences and Meetings$797$98-$895
Interest$125$15-$140
Total Functional Expenses$1,484,536$197,006$0$1,681,542

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,681,542
Total Expenses per Audited Statements$1,681,542
Total Expenses per Form 990$1,681,542
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Line 11B: Form 990 Review Process

The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an affidavit is signed to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed with the designated governmental agencies. Before the tax returns are filed, a final tax return copy is forwarded to all Board members. The tax returns are then signed by the organization, stamped with certified return receipt and timely placed in the mail for filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All employees are informed to disclose any potential conflicts to their supervisor. Board members sign an annual disclosure form.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Familiarity and knowledge of industry standard determine key employees compensation and full board approval and performance review of Executive Director

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request

Filing and Contact Details

Filer

EIN
94-3231679
Phone
5104861185

Signing Officer

Name
Bari Scott
Title
Exec Director
Signed
2015-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bari Scott
Formed
1995
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
4
Employees
4

Preparer

Preparer
Madeleine M RocamoraEA
Phone
9256030800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

SoundVision Productions has received exempt status under Section 501(c) (3) of the Internal Revenue Code, and Section 23701(d) of the State of California Revenue and Taxation Code.The Organization has adopted the accounting guidance related to uncertain tax positions, and has evaluated its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination

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IRS990/PayrollTaxesGrp/ProgramServicesAmt014931
IRS990/PayrollTaxesGrp/TotalAmt016777
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0362907
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0110935
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0550
IRS990/PrincipalOfficerNm0Bari Scott
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01509747
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt098
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0830202
IRS990/PYOtherRevenueAmt034460
IRS990/PYRevenuesLessExpensesAmt0505689
IRS990/PYSalariesCompEmpBnftPaidAmt0208414
IRS990/PYTotalExpensesAmt01038616
IRS990/PYTotalRevenueAmt01544305
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-297556
IRS990/RegularMonitoringEnfrcInd0true
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt064382
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01361846
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01509747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02192002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05067016
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt098
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0175
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt022074
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt034460
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02887
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt020003
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0786
IRS990ScheduleA/OtherIncome170Grp/TotalAmt080210
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98440
IRS990ScheduleA/PublicSupportPY170Pct00.98470
IRS990ScheduleA/PublicSupportTotal170Amt05067016
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01361846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01509747
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02192002
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05067016
IRS990ScheduleA/TotalSupportAmt05147401
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026810
IRS990ScheduleD/ExpensesSubtotalAmt01681542
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07560
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07560
IRS990ScheduleD/RevenueSubtotalAmt01383986
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SoundVision Productions has received exempt status under Section 501(c) (3) of the Internal Revenue Code, and Section 23701(d) of the State of California Revenue and Taxation Code.The Organization has adopted the accounting guidance related to uncertain tax positions, and has evaluated its tax positions and believes that all of the positions taken by the Organization in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt01681542
IRS990ScheduleD/TotalRevenuePerForm990Amt01383986
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01383986
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01681542
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an affidavit is signed to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed with the designated governmental agencies. Before the tax returns are filed, a final tax return copy is forwarded to all Board members. The tax returns are then signed by the organization, stamped with certified return receipt and timely placed in the mail for filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All employees are informed to disclose any potential conflicts to their supervisor. Board members sign an annual disclosure form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Familiarity and knowledge of industry standard determine key employees compensation and full board approval and performance review of Executive Director
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0506984
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0110935
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0491888
IRS990/TotalAssetsEOYAmt0180179
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IRS990/TotalAssetsGrp/EOYAmt0180179
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01361846
IRS990/TotalEmployeeCnt04
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01484536
IRS990/TotalFunctionalExpensesGrp/TotalAmt01681542
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt062468
IRS990/TotalLiabilitiesEOYAmt048315
IRS990/TotalLiabilitiesGrp/BOYAmt062468
IRS990/TotalLiabilitiesGrp/EOYAmt048315
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0429420
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0131864
IRS990/TotalProgramServiceExpensesAmt01484536
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0148695
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022140
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01383986
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0491888
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0180179
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt05769
IRS990/TravelGrp/ProgramServicesAmt046673
IRS990/TravelGrp/TotalAmt052442
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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