Civic Intelligence

The Felice Foundation

990 • Fiscal year 2017 • EIN 95-3957152

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

PO Box 265Palos Verdes Estates, CA 90274

(310) 791-3144

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

5th percentile

-57%

Higher net margin than 5% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

28th percentile

-2.6%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

13th percentile

-19%

Faster revenue growth than 13% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,381,196

Down $36,430 (-2.6%) from 2016

Net Assets

Down

$1,381,196

Down $36,430 (-2.6%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$63,902

Down $15,358 (-19%) from 2016

Expenses

Down

$100,332

Down $12,871 (-11%) from 2016

Net Income

Down

-$36,430

Down $2,487 (-7.3%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,615,685Liabilities 2010: $0Net Assets 2010: $1,615,6852010Assets 2011: $1,561,203Liabilities 2011: $0Net Assets 2011: $1,561,2032011Assets 2012: $1,520,467Liabilities 2012: $0Net Assets 2012: $1,520,4672012Assets 2013: $1,515,730Liabilities 2013: $0Net Assets 2013: $1,515,7302013Assets 2014: $1,492,195Liabilities 2014: $0Net Assets 2014: $1,492,1952014Assets 2015: $1,451,569Liabilities 2015: $0Net Assets 2015: $1,451,5692015Assets 2016: $1,417,626Liabilities 2016: $0Net Assets 2016: $1,417,6262016Assets 2017: $1,381,196Liabilities 2017: $0Net Assets 2017: $1,381,1962017Assets 2018: $1,372,337Liabilities 2018: $0Net Assets 2018: $1,372,3372018Assets 2019: $1,391,313Liabilities 2019: $0Net Assets 2019: $1,391,3132019Assets 2020: $1,360,586Liabilities 2020: $0Net Assets 2020: $1,360,5862020Assets 2021: $1,379,951Liabilities 2021: $0Net Assets 2021: $1,379,9512021Assets 2022: $1,195,066Liabilities 2022: $0Net Assets 2022: $1,195,0662022Assets 2023: $1,210,814Liabilities 2023: $0Net Assets 2023: $1,210,8142023Assets 2024: $1,169,231Liabilities 2024: $0Net Assets 2024: $1,169,2312024

Highlighted filing

2017

Assets$1,381,196
Liabilities$0
Net Assets$1,381,196

Operations Trend

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

$200K$100K$0-$100K-$200K-$300KExpenses 2010: $160,7422010Expenses 2011: $134,7852011Expenses 2012: $137,1072012Revenue 2013: $101,621Expenses 2013: $106,358Net Income 2013: -$4,7372013Revenue 2014: $91,504Expenses 2014: $115,039Net Income 2014: -$23,5352014Revenue 2015: $84,062Expenses 2015: $124,688Net Income 2015: -$40,6262015Revenue 2016: $79,260Expenses 2016: $113,203Net Income 2016: -$33,9432016Revenue 2017: $63,902Expenses 2017: $100,332Net Income 2017: -$36,4302017Revenue 2018: $74,521Expenses 2018: $83,380Net Income 2018: -$8,8592018Revenue 2019: $114,255Expenses 2019: $95,279Net Income 2019: $18,9762019Revenue 2020: $83,270Expenses 2020: $113,997Net Income 2020: -$30,7272020Revenue 2021: $121,259Expenses 2021: $99,663Net Income 2021: $21,5962021Revenue 2022: $109,438Expenses 2022: $67,395Net Income 2022: $42,0432022Revenue 2023: -$94,872Expenses 2023: $105,909Net Income 2023: -$200,7812023Revenue 2024: $48,185Expenses 2024: $105,552Net Income 2024: -$57,3672024

Highlighted filing

2017

Revenue$63,902
Expenses$100,332
Net Income-$36,430
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$496,926
Mission and Program Overview

Mission

Encouraging the spirit of giving by fostering a community spirit for helping others.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,417,626$1,381,196▼ $36,430
Investments in Publicly Traded Securities$1,368,455$1,317,203▼ $51,252
Savings and Temporary Cash Investments$49,171$63,993▲ $14,822
Total Assets$1,417,626$1,381,196▼ $36,430
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,417,626$1,381,196▼ $36,430
Total Liabilities and Net Assets / Fund Balance$1,417,626$1,381,196▼ $36,430
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$14,091
Program Service Revenue
$0
Investment Income
$17,088
Other Revenue
$32,723
All Other Contributions
$14,091
Change in Net Assets
$-36,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$62,500
Other Expenses$37,832
Total Fundraising Expense$9,166
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$62,500--$62,500
Fees for Services Management$17,377$4,965$2,483$24,825
Information Technology$578-$5,199$5,777
Fees for Service Investment Mgmnt Fees-$1,966-$1,966
Conferences and Meetings$1,033$344$344$1,721
Office Expenses$755$85$840$1,680
Insurance$400$300$300$1,000
Fees for Services Accounting-$750-$750
Other Expenses-$25-$25
Total Functional Expenses$82,643$8,523$9,166$100,332
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Plaza De La RazaLos Angeles, CA501c3Operating Costs$12,000
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
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
No
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 11B

Form 990 is reviewed by the manager and an officer of the foundation.

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

Compensation for the executive director is reviewed annually by the board of directors with consideration given to prevailing rates in the area and the responsibilities and duties of the position.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial information are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Felice Foundation
EIN
95-3957152
Phone
3107913144
Address
PO BOX 265, PALOS VERDES ESTATES, CA 90274

Signing Officer

Name
Keri S Botello
Title
President, Director
Phone
3107913144
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keri S Botello
Formed
1984
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Mary F Brubaker CPA
Address
928 AVENAL WAY, BEAUMONT, CA 92223
Preparer
Mary F Brubaker CPA
Phone
9517699005
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board members volunteer their services for governance and administration of the foundation as well as the investment portfolio and the management of grant applications and awards.

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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/FactsAndCircumstancesTestTxt0CONTRIBUTIONS HAVE CONTINUED TO INCREASE FOR 2017 DUE TO SOCIAL MEDIA LINKS AND ENHANCEMENTS TO THE WEBSITE. THESE CHANGES IMPROVED THE VISIBILITY AND PUBLIC AWARENESS OF THE FOUNDATION AND ITS GRANT PROGRAMS. POSTING OF GRANT RECIPIENTS TO THE WEBSITE CONTINUES TO BE A SOURCE FOR ENCOURAGING SUPPORT OF THE FOUNDATION. FOUR NEW DIRECTORS WERE ADDED TO THE BOARD WHO ARE RECOGNIZED FOR THEIR LEADERSHIP AND WHO WILL STRENGTHEN THE ORGANIZATION'S SUPPORT AND PROGRAM OUTREACH WITHIN THE BROADER LOS ANGELES AREA.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CONTRIBUTIONS HAVE CONTINUED TO INCREASE FOR 2017 DUE TO SOCIAL MEDIA LINKS AND ENHANCEMENTS TO THE WEBSITE. THESE CHANGES IMPROVED THE VISIBILITY AND PUBLIC AWARENESS OF THE FOUNDATION AND ITS GRANT PROGRAMS. POSTING OF GRANT RECIPIENTS TO THE WEBSITE CONTINUES TO BE A SOURCE FOR ENCOURAGING SUPPORT OF THE FOUNDATION. FOUR NEW DIRECTORS WERE ADDED TO THE BOARD WHO ARE RECOGNIZED FOR THEIR LEADERSHIP AND WHO WILL STRENGTHEN THE ORGANIZATION'S SUPPORT AND PROGRAM OUTREACH WITHIN THE BROADER LOS ANGELES AREA.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0379961
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IRS990ScheduleA/PublicSupportCY170Pct00.11100
IRS990ScheduleA/PublicSupportPY170Pct00.14330
IRS990ScheduleA/PublicSupportTotal170Amt048842
IRS990ScheduleA/SubstantialContributorsTotAmt011200
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013201
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IRS990ScheduleI/RecipientTable/CashGrantAmt012000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
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IRS990ScheduleI/RecipientTable/RecipientEIN0237109631
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03540 NORTH MISSION ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LOS ANGELES
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0900313135
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A PROGRESS REPORT IS EXPECTED FROM GRANT RECIPIENTS AFTER SIX MONTHS BUT BEFORE THE END OF THE FIRST YEAR FOLLOWING RECEIPT OF THE GRANT. RECIPIENTS SUBMIT SUBSEQUENT REPORTS IN THE FORM OF A LETTER, NEWSLETTER, EMAIL UPDATES, ETC. DIGITAL PHOTOGRAPHS OF PARTICIPANTS AND ACTIVITIES ARE REQUESTED.
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS VOLUNTEER THEIR SERVICES FOR GOVERNANCE AND ADMINISTRATION OF THE FOUNDATION AS WELL AS THE INVESTMENT PORTFOLIO AND THE MANAGEMENT OF GRANT APPLICATIONS AND AWARDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE MANAGER AND AN OFFICER OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS WITH CONSIDERATION GIVEN TO PREVAILING RATES IN THE AREA AND THE RESPONSIBILITIES AND DUTIES OF THE POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL INFORMATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalContributionsAmt014091
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08523
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt082643
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100332
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01381196
IRS990/TotalProgramServiceExpensesAmt082643
IRS990/TotalRevenueGrp/ExclusionAmt073027
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-23216
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt063902
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01417626
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01381196
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0PALOS VERDES ESTATES
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IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.LEOBUSCAGLIA.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KERI S BOTELLO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03107913144
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE FELICE FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA LEO BUSCAGLIA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FELI
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ReturnHeader/Filer/PhoneNum03107913144
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 265
ReturnHeader/Filer/USAddress/CityNm0PALOS VERDES ESTATES
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01EFC2CED23F079C9EED1B74F8A68CF0526FC1586
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm019:07:45
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952207683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARY F BRUBAKER CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0928 AVENAL WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEAUMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092223
ReturnHeader/PreparerPersonGrp/PhoneNum09517699005
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY F BRUBAKER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T17:07:45-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$0.05$0.11$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$0.09$0.11$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.11$0.07$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.12$0.10$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.08$0.11$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.11$0.10$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$0.00$1.37$0.07$0.08$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.06$0.10$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.00$1.42$0.08$0.11$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.00$1.45$0.08$0.12$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.09$0.12$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.00$1.52$0.10$0.11$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.00$1.56$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$0.16