Civic Intelligence

Crsp

990 • Fiscal year 2012 • EIN 95-3900435

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 13, 2013

117 Bimini Place90004
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,797,248

Flat from 2012

Net Assets

Flat

$1,561,148

Flat from 2012

Liabilities

Flat

$236,100

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$704,233

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,015,138Liabilities 2010: $13,948Net Assets 2010: $1,001,1902010Assets 2011: $1,517,523Liabilities 2011: $492,443Net Assets 2011: $1,025,0802011Assets 2012: $1,797,248Liabilities 2012: $236,100Net Assets 2012: $1,561,1482012Assets 2012: $1,797,248Liabilities 2012: $236,100Net Assets 2012: $1,561,1482012Assets 2013: $1,730,452Liabilities 2013: $246,100Net Assets 2013: $1,484,3522013Assets 2014: $1,697,247Liabilities 2014: $226,100Net Assets 2014: $1,471,1472014Assets 2015: $1,694,735Liabilities 2015: $217,000Net Assets 2015: $1,477,7352015Assets 2016: $2,200,789Liabilities 2016: $879,500Net Assets 2016: $1,321,2892016Assets 2017: $2,163,968Liabilities 2017: $874,000Net Assets 2017: $1,289,9682017Assets 2020: $2,047,629Liabilities 2020: $876,000Net Assets 2020: $1,171,6292020Assets 2021: $1,987,297Liabilities 2021: $888,000Net Assets 2021: $1,099,2972021Assets 2022: $2,021,906Liabilities 2022: $895,040Net Assets 2022: $1,126,8662022

Highlighted filing

2012

Assets$1,797,248
Liabilities$236,100
Net Assets$1,561,148

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $232,1242010Expenses 2011: $306,4452011Expenses 2012: $704,2332012Revenue 2012: $1,240,301Expenses 2012: $704,233Net Income 2012: $536,0682012Revenue 2013: $47,581Expenses 2013: $124,377Net Income 2013: -$76,7962013Revenue 2014: $38,308Expenses 2014: $51,513Net Income 2014: -$13,2052014Revenue 2015: $38,171Expenses 2015: $31,583Net Income 2015: $6,5882015Revenue 2016: $71,973Expenses 2016: $228,419Net Income 2016: -$156,4462016Revenue 2017: $74,421Expenses 2017: $105,742Net Income 2017: -$31,3212017Revenue 2020: $75,126Expenses 2020: $106,510Net Income 2020: -$31,3842020Revenue 2021: $50,255Expenses 2021: $122,587Net Income 2021: -$72,3322021Revenue 2022: $264,504Expenses 2022: $236,935Net Income 2022: $27,5692022

Highlighted filing

2012

Revenue-
Expenses$704,233
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 13, 2013
Return Version
2012v2.0
Gross Receipts
$1,475,581
Mission and Program Overview

Mission

Cooperative training, education, development, research, and demonstration for resilient and regenerative communities.

Major Activities

Activity 2
Echo Park Time Bank, Arroyo S.E.C.O. Time Bank, California Federation of Time Banks demonstrates, trains, and provides technical assistance to emerging and established time banks throughout California, a method for lower income persons and organizations to exchange services for time credits.Time Banking project grew to over 1,000 members in 13 neighborhood groups doing a dozen cooperative and ecological projects. Time Bank is designed to inspire trust, cooperation and reciprocity among neighbors in lower income neighborhoods. Time Banking empowers low income communities by facilitating cooperative and environmentally sensitive trading of skills in local neighborhoods, e.g., gardening, childcare, home repair, art and music lessons, etc. Everyones time is equal in time banking.
Activity 3
Faires, expos, tours, workshops, conferences, website and media exposure for education and training and to expand public awareness about the processes of developing permanently affordable cooperative and environmentally sensitive urban housing and living patterns for lower income households and neighborhood groups.CRSP AND ITS THREE ADJACENT PROPERTIES, KNOWN AS THE LOS ANGELES ECO-VILLAGE DEMONSTRATION PROJECT, HAS A WEB SITE TO EXPAND ITS FUNCTION AS A COOPERATIVE ECOLOGICAL RESOURCE CLEARINGHOUSE. CRSP SENDS OUT A MONTHLY NOTICE TO 3,000 PEOPLE VIA ELECTRONIC MAIL INFORMING THEM OF UPCOMING EVENTS AND OTHER NEWS OF THE ORGANIZATION. ADDITIONALLY, CRSP RECEIVES APPROXIMATELY 20 INQUIRES WEEKLY FROM THE GENERAL PUBLIC REQUESTING INFORMATION.CRSP also maintains a specialized lending library accessible to the public on all aspects of urban cooperative ecological community developments, as well as sponsoring public talks and workshops with prominent experts in the diverse aspects of urban sustainability.
Filing and Contact Details

Filer

EIN
95-3900435
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IRS990ScheduleL/LoanTable/PurposeOfLoan0Bridge Loan - 140 Bimini
IRS990ScheduleL/LoanTable/PurposeOfLoan1Provide emergency operating funds
IRS990ScheduleL/LoanTable/WrittenAgreement0false
IRS990ScheduleL/LoanTable/WrittenAgreement1false
IRS990ScheduleN/DirectorOfSuccessor20true
IRS990ScheduleN/DispositionTable/AddressUS/AddressLine10117 Bimini Place
IRS990ScheduleN/DispositionTable/AddressUS/AddressLine11117 Bimini Place 201
IRS990ScheduleN/DispositionTable/AddressUS/City0Los Angeles
IRS990ScheduleN/DispositionTable/AddressUS/City1Los Angeles
IRS990ScheduleN/DispositionTable/AddressUS/State0CA
IRS990ScheduleN/DispositionTable/AddressUS/State1CA
IRS990ScheduleN/DispositionTable/AddressUS/ZIPCode090005
IRS990ScheduleN/DispositionTable/AddressUS/ZIPCode190004
IRS990ScheduleN/DispositionTable/DateOfDistribution02012-07-05
IRS990ScheduleN/DispositionTable/DateOfDistribution12012-07-05
IRS990ScheduleN/DispositionTable/DescriptionOfAsset0Land at 117 & 129 Bimini Place, LA, CA 90005
IRS990ScheduleN/DispositionTable/DescriptionOfAsset1TWO APARTMENT BUILDINGS
IRS990ScheduleN/DispositionTable/EIN0261117569
IRS990ScheduleN/DispositionTable/EIN1275386367
IRS990ScheduleN/DispositionTable/FMVOfAsset01102000
IRS990ScheduleN/DispositionTable/FMVOfAsset11242000
IRS990ScheduleN/DispositionTable/IRCSection0501(c)3
IRS990ScheduleN/DispositionTable/IRCSection1Public Benefit Corp
IRS990ScheduleN/DispositionTable/MethodOfFMVDetermination0Appraisal
IRS990ScheduleN/DispositionTable/MethodOfFMVDetermination1Appraisal
IRS990ScheduleN/DispositionTable/NameBusiness/BusinessNameLine10Beverly Vermont Comm Land Trust
IRS990ScheduleN/DispositionTable/NameBusiness/BusinessNameLine11Urban SoilTierra Urbana
IRS990ScheduleN/EmployeeOfSuccessor20false
IRS990ScheduleN/Form990ScheduleNPartIII/Explanation0Urban Soil/Tierra Urbana Limited Equity Housing Cooperative (a California Public Benefit Corporation)purchased two apartment buildings located at 117 Bimini Place and 129 Bimini Place from CRSP (excluding land)for the purchase price of $1,200,000.Beverly Vermont Community Land Trust (a 501(c)3 organization) received the land beneath the two apartment buildings located at 117 Bimini Place and 129 Bimini Place from CRSP as a non-cash donation.
IRS990ScheduleN/Form990ScheduleNPartIII/Explanation1CRSP Board member and Executive Director Lois Arkin, is a Board member of the Urban Soil/Tierra Urbana limited equity housing cooperative.CRSP Board member and Executive Director Lois Arkin is a share owner in Urban Soil/Tierra Urbana limited equity housing cooperative. Arkin is a low income member of the Co-op and serves as its volunteer executive director. Her income is derived from social security.
IRS990ScheduleN/Form990ScheduleNPartIII/ReturnReference0Sch N, Part III, Additional Information
IRS990ScheduleN/Form990ScheduleNPartIII/ReturnReference1Part I & 2, Line 2e - Name and Explanation for Involvement in Successor
IRS990ScheduleN/OwnerOfSuccessor20true
IRS990ScheduleN/ReceiveCompensation20false
IRS990ScheduleO/GeneralExplanation/Explanation0Any of the organization's governing documents, conflict of interest policy or financial statements may be available to the public by written request to CRSP.
IRS990ScheduleO/GeneralExplanation/Explanation1Available on Guidestar.org or by written request.
IRS990ScheduleO/GeneralExplanation/Explanation2Draft form 990 is provided to all board members via email for review and comment prior to filing.

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