Civic Intelligence

The Caltech Y

990 • Fiscal year 2020 • EIN 95-1684790

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 16, 2021

1201 E California Blvd Mc C1-128Pasadena, CA 91125

(626) 395-6163

Siviq Scores

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

Liabilities / Assets

31st percentile

0.02x

Higher debt load relative to assets than 31% of similar nonprofits.

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

Liabilities / Revenue

41st percentile

0.09x

Higher debt load relative to revenue than 41% of similar nonprofits.

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

Net Margin

32nd percentile

-2.6%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

79th percentile

$130,476

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

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

Asset Growth

31st percentile

-0.3%

Faster asset growth than 31% of similar nonprofits.

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

Revenue Growth

58th percentile

5.0%

Faster revenue growth than 58% of similar nonprofits.

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

Assets

Down

$3,543,860

Down $9,838 (-0.3%) from 2019

Net Assets

Down

$3,471,221

Down $17,935 (-0.5%) from 2019

Liabilities

Up

$72,639

Up $8,097 (+13%) from 2019

Revenue

Up

$823,515

Up $39,379 (+5.0%) from 2019

Expenses

Up

$845,107

Up $14,453 (+1.7%) from 2019

Net Income

Up

-$21,592

Up $24,926 (+54%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $1,808,727Liabilities 2010: $88,946Net Assets 2010: $1,719,7812010Assets 2011: $1,826,537Liabilities 2011: $107,059Net Assets 2011: $1,719,4782011Assets 2012: $1,905,065Liabilities 2012: $91,716Net Assets 2012: $1,813,3492012Assets 2013: $2,088,020Liabilities 2013: $81,268Net Assets 2013: $2,006,7522013Assets 2014: $2,369,827Liabilities 2014: $116,408Net Assets 2014: $2,253,4192014Assets 2015: $2,398,534Liabilities 2015: $89,223Net Assets 2015: $2,309,3112015Assets 2016: $2,891,530Liabilities 2016: $132,594Net Assets 2016: $2,758,9362016Assets 2017: $3,394,551Liabilities 2017: $181,986Net Assets 2017: $3,212,5652017Assets 2018: $3,627,798Liabilities 2018: $87,951Net Assets 2018: $3,539,8472018Assets 2019: $3,553,698Liabilities 2019: $64,542Net Assets 2019: $3,489,1562019Assets 2020: $3,543,860Liabilities 2020: $72,639Net Assets 2020: $3,471,2212020Assets 2021: $10,390,750Liabilities 2021: $96,192Net Assets 2021: $10,294,5582021Assets 2022: $9,366,292Liabilities 2022: $232,010Net Assets 2022: $9,134,2822022Assets 2023: $10,177,502Liabilities 2023: $290,430Net Assets 2023: $9,887,0722023Assets 2024: $11,215,884Liabilities 2024: $118,477Net Assets 2024: $11,097,4072024

Highlighted filing

2020

Assets$3,543,860
Liabilities$72,639
Net Assets$3,471,221

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $573,0032010Expenses 2011: $543,4602011Expenses 2012: $546,7092012Expenses 2013: $577,1652013Revenue 2014: $891,714Expenses 2014: $645,047Net Income 2014: $246,6672014Revenue 2015: $732,693Expenses 2015: $676,801Net Income 2015: $55,8922015Revenue 2016: $1,146,490Expenses 2016: $696,865Net Income 2016: $449,6252016Revenue 2017: $1,189,251Expenses 2017: $735,622Net Income 2017: $453,6292017Revenue 2018: $1,229,117Expenses 2018: $906,006Net Income 2018: $323,1112018Revenue 2019: $784,136Expenses 2019: $830,654Net Income 2019: -$46,5182019Revenue 2020: $823,515Expenses 2020: $845,107Net Income 2020: -$21,5922020Revenue 2021: $4,730,066Expenses 2021: $827,956Net Income 2021: $3,902,1102021Revenue 2022: $1,132,232Expenses 2022: $924,197Net Income 2022: $208,0352022Revenue 2023: $1,094,149Expenses 2023: $1,167,583Net Income 2023: -$73,4342023Revenue 2024: $996,559Expenses 2024: $1,179,263Net Income 2024: -$182,7042024

Highlighted filing

2020

Revenue$823,515
Expenses$845,107
Net Income-$21,592
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 16, 2021
Return Version
2019v5.0
Gross Receipts
$823,515
Mission and Program Overview

Mission

To enrich student life and challenge students to grow into responsible citizens of the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,489,156$3,471,221▼ $17,935
Savings and Temporary Cash Investments$122,527$122,081▼ $446
Land, Buildings, and Equipment, Net$24,940--
Inventories for Sale or Use$1,871$465▼ $1,406
Accounts Receivable$652$238▼ $414
Prepaid Expenses and Deferred Charges$132--
Total Assets$3,553,698$3,543,860▼ $9,838
Other Assets Total$3,403,576$3,421,076▲ $17,500
Liabilities
Accounts Payable and Accrued Expenses$57,467$52,639▼ $4,828
Deferred Revenue$7,075$20,000▲ $12,925
Total Liabilities$64,542$72,639▲ $8,097
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,489,156$3,471,221▼ $17,935
Total Liabilities and Net Assets / Fund Balance$3,553,698$3,543,860▼ $9,838

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$22,779$22,779
Other Assets Org$51,427--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$3,403,576$70,145▲ $157,707$210,352$3,421,076
2018$3,481,527-▲ $166,549$244,500$3,403,576
2017$3,227,963$123,850▲ $339,714$210,000$3,481,527
2016$2,728,426$140,270▲ $552,267$193,000$3,227,963
2015$2,186,179$529,154▲ $211,623$99,265$2,827,691
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Athena R CastroExecutive DiFT$130,476$130,476

Board Members and Trustees

NameTitle
Peter HungBoard Chair
Fred ClaytonVice Chair
Alice LiuDirector
Chris SmithDirector
Dan EricksonDirector
David LiuDirector
Elisabeth GallmeierDirector
Emily AbbottDirector
Evan YehDirector
Frank D DrydenDirector
Hazel DilmoreDirector
Iram Parveen BilalDirector
Jillian ReedDirector
Jon WebsterDirector
Joseph ShepherdDirector
Laura HuDirector
Laurice BalianDirector
Marisu JimenezDirector
Mary WahlDirector
Molly Mckenzie-swartsDirector
Nancy LanDirector
Noelle DavisDirector
Pattyl AposhianDirector
Richard BeattyDirector
Sandhya RavichandranDirector
Sarah BarrettDirector
Sonia AminDirector
Sunny CuiDirector
Susan ClaytonDirector
Susan MurakamiDirector
Tim BoydDirector
Tom MannionDirector
Tony LeonardDirector
Victoria ArriolaDirector
Lee FisherCommittee Ch
Melany HuntCommittee Ch
Donna ShepherdSecretary
Donald CollinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$613,757
Program Service Revenue
$41,555
Investment Income
$157,707
Other Revenue
$10,496
All Other Contributions
$355,827
Change in Net Assets
$-21,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$647,110
Other Expenses$194,997
Total Fundraising Expense$99,941
Grants and Similar Amounts Paid$3,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$299,038$12,616$64,059$375,713
Current Officers, Directors, Trustees, and Key Employees$108,776$31,726$10,575$151,077
Other Employee Benefits$35,326$5,132$6,804$47,262
Office Expenses$21,315$12,075$8,660$42,050
Payroll Taxes$30,644$3,199$5,670$39,513
Pension Plan Contributions$26,748$2,569$4,228$33,545
Fees for Services Accounting$450$25,700-$26,150
Insurance$25,155--$25,155
Travel$23,596--$23,596
All Other Expenses$8,859$9,036$311$18,206
Information Technology$4,529$2,077$450$7,056
Other Expenses$4,921$2,928$-816$4,921
Conferences and Meetings$2,402$1,424-$3,826
Grants to Domestic Individuals$3,000--$3,000
Advertising$400$146-$546
Fees for Services Other-$100-$100
Interest-$10-$10
Total Functional Expenses$636,428$108,738$99,941$845,107
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
Backup withholding compliance
Yes
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
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, Page 6, Part VI, Line 2

Tim boyd iram bilal director director married donald collins judy collins director director married david liu alice liu director director married donna shepherd joseph shepherd director ex officio married

Form 990, Page 6, Part VI, Line 8B

Form 990, part vi, line 8b - documentation by committee explanation although no committee has authority to act on behalf of the governing body, minutes of committee meetings are documented.

Form 990, Page 6, Part VI, Line 11B

Form 990 is distributed to finance committee for detailed review prior to filing and is available to entire board of directors upon request.

Form 990, Page 6, Part VI, Line 12C

Annually, management circulates questionnaire to board of directors inquiring if there are any conflicts of interest or related-party transactions.

Form 990, Page 6, Part VI, Line 15A

The members of the executive, governance, and finance committees review the compensation of the executive director annually. Periodically, but not necessarily annually, they would review the compensation of the program director, development director and/or other staff. Their compensation review takes into consideration comparability data of other non-profit organizations in los angeles county.

Form 990, Page 6, Part VI, Line 19

Form 990 is posted to the website for the california attorney general's registry of charitable trusts. Form 990, governing documents, policies and financial information are available for inspection at the caltech y office.

Filing and Contact Details

Filer

Filer Name
The Caltech Y
EIN
95-1684790
Phone
6263956163
Address
1201 E CALIFORNIA BLVD MC C1-128, PASADENA, CA 91125

Signing Officer

Name
Athena R Castro
Title
Executive Director
Phone
6263956163
Signed
2021-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Peter Hung
Formed
1948
Legal Domicile
CA
Voting Board Members
39
Independent Board Members
39
Employees
9
Volunteers
222

Preparer

Firm
Lt Cpas & Company Inc
Address
600 S LAKE AVE STE 310, PASADENA, CA 91106
Preparer
Patrick Tantraphol
Phone
6266830515
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Student programs - the student executive committee (excomm), y-outdoors and student activism speaker series (sass) committees, and community service project coordinators - including 40 to 50 student leaders planned and implemented approximately 60 programs, after reducing and pivoting to on- line / virtual programming during the pandemic lock down, including: the y-hike pre-orientation adventure trip, day hikes, camping trips, world fest week and international food fair, dr. Martin luther king jr. Commemoration week events, decompressions, union station homeless shelter - monthly meal service, make-a-difference weeks, an india cultural trip, washington dc science policy trip, a speaker series that featured well-renowned speakers (liam dillon, sean mckenna, bill colglazier, jonathan katz, matt barreto, oliver rosenbauer, dorine van der wal, michael samuelon, darnel hunt, danielle wiggins, barry burden); and explore la outings, life skills sessions, and adventure 101 talks. 1300 individuals participated or were served by the caltech y's programs. The y also awarded the lucy guernsey award to two students for their outstanding service to the community.

Form 990, Page 2, Part III, Line 4C

The caltech y educational outreach programs consist of the rise program as well as partnerships with other community organizations to provide opportunities for caltech students to serve the community at large. Rise provides intensive math and science tutoring and academic mentoring and serves 8th-12th grade students attending area public schools, primarily pasadena unified school district students. Tutoring is provided by caltech undergraduate and graduate students. In addition to tutoring, rise tutees also attend college preparation workshops, campus tours, and can enroll in a summer sat/act program, which was held virtually in 2020. Rise switched to an online platform in april 2020 and expanded to include tutoring for 6th grade students from pasadena unified. In 2019-20, there were 335 participants and 248 tutors for rise, including the 89 tutors in the summer rise sat/act program. Of the caltech student tutors, 49 students received federal work study, and 199 served as volunteer tutors. Additional educational outreach opportunities included tutoring and mentoring with hathaway sycamores family services, kids reading to succeed, the pasadena learns program, the marshall math program, and mentors for life. Twenty-three caltech students volunteered for these other programs. The total value of service for those students who volunteered for rise and other educational outreach programs is estimated to be around 140,816.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.2$0.12$11.1$1.00$1.18$0.18
2023Detailed filing. Detailed filing data is available for this year.$10.2$0.29$9.89$1.09$1.17$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.37$0.23$9.13$1.13$0.92$0.21
2021Detailed filing. Detailed filing data is available for this year.$10.4$0.10$10.3$4.73$0.83$3.90
2020Detailed filing. Detailed filing data is available for this year.$3.54$0.07$3.47$0.82$0.85$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.55$0.06$3.49$0.78$0.83$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.63$0.09$3.54$1.23$0.91$0.32
2017Detailed filing. Detailed filing data is available for this year.$3.39$0.18$3.21$1.19$0.74$0.45
2016Detailed filing. Detailed filing data is available for this year.$2.89$0.13$2.76$1.15$0.70$0.45
2015Detailed filing. Detailed filing data is available for this year.$2.40$0.09$2.31$0.73$0.68$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.37$0.12$2.25$0.89$0.65$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.08$2.01$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.91$0.09$1.81$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.11$1.72$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.09$1.72$0.57