Civic Intelligence

The Lazarus Project Inc

990 • Fiscal year 2020 • EIN 94-3312292

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 13, 2020

PO Box 1241Roseville, CA 95678

(916) 295-8701

Siviq Scores

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

Liabilities / Assets

75th percentile

0.38x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

2.04x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

34th percentile

-1.5%

Higher net margin than 34% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$0

Higher top officer pay than 44% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

32nd percentile

0.1%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-49%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,146,397

Up $831 (+0.1%) from 2019

Net Assets

Down

$706,637

Down $1,492 (-0.2%) from 2019

Liabilities

Up

$439,760

Up $2,323 (+0.5%) from 2019

Revenue

Down

$215,172

Down $208,703 (-49%) from 2019

Expenses

Up

$218,358

Up $10,583 (+5.1%) from 2019

Net Income

Down

-$3,186

Down $219,286 (-101%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $861,759Liabilities 2010: $682,610Net Assets 2010: $179,1492010Assets 2011: $1,042,614Liabilities 2011: $862,231Net Assets 2011: $180,3832011Assets 2012: $1,044,403Liabilities 2012: $862,677Net Assets 2012: $181,7262012Assets 2013: $1,066,602Liabilities 2013: $855,128Net Assets 2013: $211,4742013Assets 2014: $1,012,309Liabilities 2014: $853,375Net Assets 2014: $158,9342014Assets 2015: $996,090Liabilities 2015: $847,677Net Assets 2015: $148,4132015Assets 2016: $954,994Liabilities 2016: $847,777Net Assets 2016: $107,2172016Assets 2017: $946,458Liabilities 2017: $448,523Net Assets 2017: $497,9352017Assets 2018: $935,606Liabilities 2018: $443,577Net Assets 2018: $492,0292018Assets 2019: $1,145,566Liabilities 2019: $437,437Net Assets 2019: $708,1292019Assets 2020: $1,146,397Liabilities 2020: $439,760Net Assets 2020: $706,6372020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2020

Assets$1,146,397
Liabilities$439,760
Net Assets$706,637

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $274,3402010Revenue 2011: $408,612Expenses 2011: $407,378Net Income 2011: $1,2342011Revenue 2012: $269,997Expenses 2012: $268,654Net Income 2012: $1,3432012Revenue 2013: $272,075Expenses 2013: $242,327Net Income 2013: $29,7482013Revenue 2014: $167,166Expenses 2014: $219,706Net Income 2014: -$52,5402014Revenue 2015: $198,229Expenses 2015: $208,750Net Income 2015: -$10,5212015Revenue 2016: $193,115Expenses 2016: $206,311Net Income 2016: -$13,1962016Revenue 2017: $599,452Expenses 2017: $205,344Net Income 2017: $394,1082017Revenue 2018: $195,612Expenses 2018: $201,519Net Income 2018: -$5,9072018Revenue 2019: $423,875Expenses 2019: $207,775Net Income 2019: $216,1002019Revenue 2020: $215,172Expenses 2020: $218,358Net Income 2020: -$3,1862020Revenue 2021: $562,021Expenses 2021: $161,728Net Income 2021: $400,2932021

Highlighted filing

2020

Revenue$215,172
Expenses$218,358
Net Income-$3,186
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$227,274
Mission and Program Overview

Mission

To meet the needs of the impoverished in placer county by providing housing and comprehensive support services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$758,038$733,000▼ $25,038
Savings and Temporary Cash Investments$334,749$335,219▲ $470
Cash and Non-Interest-Bearing Accounts$32,131$57,514▲ $25,383
Prepaid Expenses and Deferred Charges$20,648$12,233▼ $8,415
Investments in Publicly Traded Securities-$8,431-
Total Assets$1,145,566$1,146,397▲ $831
Liabilities
Mortgage Notes Payable Secured by Investment Property$406,680$410,151▲ $3,471
Accounts Payable and Accrued Expenses$30,757$29,609▼ $1,148
Total Liabilities$437,437$439,760▲ $2,323
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$708,129$706,637▼ $1,492
Total Net Assets Fund Balance$708,129$706,637▼ $1,492
Total Liabilities and Net Assets / Fund Balance$1,145,566$1,146,397▲ $831

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$373,741$343,508$717,249
Land$375,000-$375,000
Equipment$-15,741$25,498$9,757

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,460-▼ $28-$8,432
2018$8,205-▲ $255-$8,460
2017$6,876-▲ $1,329-$8,205
2016$6,876---$6,876
2015$7,314-▼ $438-$6,876
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betsy DonovanChairperson
Jerry AngoveBoard Member
Mark BolesBoard Member
Paul BoudierBoard Member
David LoyaExecutive Director
Bobbi DonovanSecretary
Thomas CarlsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$65,717
Program Service Revenue
$100,868
Investment Income
$604
Other Revenue
$47,983
All Other Contributions
$38,637
Change in Net Assets
$-3,186
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$119,941
Other Expenses$98,417
Total Fundraising Expense$3,910
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$64,694$2,071$2,279$69,044
Other Salaries and Wages$38,282$1,222$1,223$40,727
Depreciation Depletion$28,313--$28,313
Insurance$17,990--$17,990
Interest$9,188--$9,188
Payroll Taxes$7,336$407$408$8,151
Office Expenses$6,460--$6,460
Information Technology$5,625--$5,625
Other Employee Benefits$2,019--$2,019
Travel$1,271--$1,271
Other Expenses$877--$877
Fees for Services Accounting$650--$650
All Other Expenses$275--$275
Total Functional Expenses$210,748$3,700$3,910$218,358
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$60,085
Fundraising Direct Expenses$12,102
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
St Ptrks Day$60,085$60,085$12,102$47,983
Total Events$60,085$60,085$12,102$47,983
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
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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

Officer directors etc family relationship Part VI line 2

Betsy donovan, chairperson and bobbi donovan, secretary are sisters

Form 990 governing body review Part VI line 11

The chairperson and executive director review a draft copy of the form 990 and related state returns for accuracy and completeness before filing with the respective tax authorities. Copies of the form 990 are made available tothe other members of the board upon request.

Conflict of interest policy compliance Part VI line 12C

The organizations conflict of interest policy is articulated in its code of ethics and published in a policy manual which is provided to all officers, directors and employees of the organization. The board is actively committed to the enforcement of its code of ethics. Any violation may result in the immediate termination of an employee of the removal of an officer or director from the board.

CEO executive director top management comp Part VI line 15A

The performance of the organizations executive director is evaluated annually by the board at its year end meeting. The executive director is absent from the meeting while his/her compensation is being discussed. The board determines the compensation of the executive director after considering the executive directors performance for the year. Salaries of comparable organizations are also considered by the board. The boards discussion is documented in the board meeting minutes. The executive director is informed of his/her compensation the following day by phone.

Other officer or key employee compensation Part VI line 15B

The organizations executive director performs an annual performance review of all employees at the end of the year. Compensation for the upcoming year is determined by the executive director and approved by the board.

Governing documents etc available to public Part VI line 19

The organization makes its governing documents, form 990 and audited financial statements, available to the public on request.

Filing and Contact Details

Filer

Filer Name
The Lazarus Project Inc
EIN
94-3312292
Address
PO BOX 1241, Roseville, CA 95678

Signing Officer

Name
David Loya
Title
Executive Direc
Phone
9162958701
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
2

Preparer

Firm
Carlson Tax Consultants Inc
Address
510 Oak Street, Roseville, CA 95678
Preparer
Thomas A Carlson CPA
Phone
9167812063
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

ROUNDING

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BETSY DONOVAN, CHAIRPERSON AND BOBBI DONOVAN, SECRETARY ARE SISTERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIRPERSON AND EXECUTIVE DIRECTOR REVIEW A DRAFT COPY OF THE FORM 990 AND RELATED STATE RETURNS FOR ACCURACY AND COMPLETENESS BEFORE FILING WITH THE RESPECTIVE TAX AUTHORITIES. COPIES OF THE FORM 990 ARE MADE AVAILABLE TOTHE OTHER MEMBERS OF THE BOARD UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS ARTICULATED IN ITS CODE OF ETHICS AND PUBLISHED IN A POLICY MANUAL WHICH IS PROVIDED TO ALL OFFICERS, DIRECTORS AND EMPLOYEES OF THE ORGANIZATION. THE BOARD IS ACTIVELY COMMITTED TO THE ENFORCEMENT OF ITS CODE OF ETHICS. ANY VIOLATION MAY RESULT IN THE IMMEDIATE TERMINATION OF AN EMPLOYEE OF THE REMOVAL OF AN OFFICER OR DIRECTOR FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PERFORMANCE OF THE ORGANIZATIONS EXECUTIVE DIRECTOR IS EVALUATED ANNUALLY BY THE BOARD AT ITS YEAR END MEETING. THE EXECUTIVE DIRECTOR IS ABSENT FROM THE MEETING WHILE HIS/HER COMPENSATION IS BEING DISCUSSED. THE BOARD DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR AFTER CONSIDERING THE EXECUTIVE DIRECTORS PERFORMANCE FOR THE YEAR. SALARIES OF COMPARABLE ORGANIZATIONS ARE ALSO CONSIDERED BY THE BOARD. THE BOARDS DISCUSSION IS DOCUMENTED IN THE BOARD MEETING MINUTES. THE EXECUTIVE DIRECTOR IS INFORMED OF HIS/HER COMPENSATION THE FOLLOWING DAY BY PHONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS EXECUTIVE DIRECTOR PERFORMS AN ANNUAL PERFORMANCE REVIEW OF ALL EMPLOYEES AT THE END OF THE YEAR. COMPENSATION FOR THE UPCOMING YEAR IS DETERMINED BY THE EXECUTIVE DIRECTOR AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FORM 990 AND AUDITED FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC ON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Explanation of other changes in net assets or fund balances Part XI line 9
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