Civic Intelligence

The Chrysalis Center

990 • Fiscal year 2017 • EIN 95-3972624

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 04, 2018

522 S Main StLos Angeles, CA 90013

(213) 806-6344

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.08x

Higher debt load relative to assets than 33% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.04x

Higher debt load relative to revenue than 14% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

42nd percentile

1.1%

Higher net margin than 42% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$237,685

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

53rd percentile

5.4%

Faster asset growth than 53% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

30%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$8,081,575

Up $411,185 (+5.4%) from 2016

Net Assets

Up

$7,428,712

Up $197,946 (+2.7%) from 2016

Liabilities

Up

$652,863

Up $213,239 (+49%) from 2016

Revenue

Up

$18,562,004

Up $4,279,600 (+30%) from 2016

Expenses

Up

$18,364,058

Up $4,162,383 (+29%) from 2016

Net Income

Up

$197,946

Up $117,217 (+145%) from 2016

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $4,082,291Liabilities 2010: $434,207Net Assets 2010: $3,648,0842010Assets 2011: $5,234,697Liabilities 2011: $524,257Net Assets 2011: $4,710,4402011Assets 2012: $5,970,383Liabilities 2012: $435,867Net Assets 2012: $5,534,5162012Assets 2013: $6,890,742Liabilities 2013: $445,444Net Assets 2013: $6,445,2982013Assets 2014: $7,669,691Liabilities 2014: $527,666Net Assets 2014: $7,142,0252014Assets 2015: $7,622,594Liabilities 2015: $467,285Net Assets 2015: $7,155,3092015Assets 2016: $7,670,390Liabilities 2016: $439,624Net Assets 2016: $7,230,7662016Assets 2017: $8,081,575Liabilities 2017: $652,863Net Assets 2017: $7,428,7122017Assets 2018: $9,354,794Liabilities 2018: $907,919Net Assets 2018: $8,446,8752018Assets 2019: $8,999,689Liabilities 2019: $1,177,516Net Assets 2019: $7,822,1732019Assets 2020: $13,580,664Liabilities 2020: $1,893,798Net Assets 2020: $11,686,8662020Assets 2021: $15,581,314Liabilities 2021: $2,208,026Net Assets 2021: $13,373,2882021Assets 2022: $18,723,495Liabilities 2022: $7,575,125Net Assets 2022: $11,148,3702022Assets 2023: $16,952,705Liabilities 2023: $8,505,863Net Assets 2023: $8,446,8422023Assets 2024: $15,397,740Liabilities 2024: $6,762,986Net Assets 2024: $8,634,7542024

Highlighted filing

2017

Assets$8,081,575
Liabilities$652,863
Net Assets$7,428,712

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $6,871,2002010Revenue 2011: $8,818,822Expenses 2011: $7,756,466Net Income 2011: $1,062,3562011Expenses 2012: $8,840,4312012Revenue 2013: $11,065,324Expenses 2013: $10,154,542Net Income 2013: $910,7822013Revenue 2014: $11,995,468Expenses 2014: $11,298,741Net Income 2014: $696,7272014Revenue 2015: $12,389,746Expenses 2015: $12,376,462Net Income 2015: $13,2842015Revenue 2016: $14,282,404Expenses 2016: $14,201,675Net Income 2016: $80,7292016Revenue 2017: $18,562,004Expenses 2017: $18,364,058Net Income 2017: $197,9462017Revenue 2018: $24,548,436Expenses 2018: $23,743,329Net Income 2018: $805,1072018Revenue 2019: $28,177,262Expenses 2019: $28,662,198Net Income 2019: -$484,9362019Revenue 2020: $39,262,137Expenses 2020: $35,534,954Net Income 2020: $3,727,1832020Revenue 2021: $45,828,478Expenses 2021: $44,142,056Net Income 2021: $1,686,4222021Revenue 2022: $46,982,185Expenses 2022: $49,207,103Net Income 2022: -$2,224,9182022Revenue 2023: $50,025,554Expenses 2023: $52,727,082Net Income 2023: -$2,701,5282023Revenue 2024: $51,943,151Expenses 2024: $51,755,239Net Income 2024: $187,9122024

Highlighted filing

2017

Revenue$18,562,004
Expenses$18,364,058
Net Income$197,946
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 4, 2018
Return Version
2017v2.3
Gross Receipts
$19,516,347
Mission and Program Overview

Mission

Chrysalis is a nonprofit organization dedicated to creating a pathway to self-sufficiency for homeless and low-income individuals by providing the resources and support needed to find and retain employment.

Helping homeless and low-income individuals get ready for, find, and retain employment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,054,855$3,714,865▼ $339,990
Accounts Receivable$1,527,227$2,790,199▲ $1,262,972
Savings and Temporary Cash Investments$603,550$569,119▼ $34,431
Cash and Non-Interest-Bearing Accounts$231,855$398,552▲ $166,697
Investments in Publicly Traded Securities$346,215--
Pledges and Grants Receivable$550,608$322,819▼ $227,789
Prepaid Expenses and Deferred Charges$264,903$191,233▼ $73,670
Total Assets$7,670,390$8,081,575▲ $411,185
Other Assets Total$91,177$94,788▲ $3,611
Liabilities
Accounts Payable and Accrued Expenses$378,086$600,514▲ $222,428
Deferred Revenue$61,538$52,349▼ $9,189
Total Liabilities$439,624$652,863▲ $213,239
Net Assets / Fund Balance
Unrestricted Net Assets$4,713,635$5,232,601▲ $518,966
Temporarily Rstr Net Assets$2,517,131$2,196,111▼ $321,020
Total Net Assets Fund Balance$7,230,766$7,428,712▲ $197,946
Total Liabilities and Net Assets / Fund Balance$7,670,390$8,081,575▲ $411,185

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,909,062$1,535,893$3,444,955
Land$1,300,000-$1,300,000
Buildings$447,224$205,654$652,878
Equipment$34,207$118,710$152,917
Other Land Buildings$24,372$32,881$57,253
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark LorangerPresident/CEOFT$237,685-$237,685
Marshall BohannonChief Financial OfficerFT$178,819$32,560$211,379
Trevor KaleVP Chrysalis EnterprisesFT$186,932$9,198$196,130
Michael Graff-weisnerVP Programs & Government RFT$169,748$12,903$182,651
Molly MoenVP Development & CommunicaFT$162,299$16,212$178,511
Eric StoffDirector Business PartnershipsFT$145,086$16,093$161,179

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,872,438
Program Service Revenue
$11,673,674
Investment Income
$15,892
Other Revenue
$0
All Other Contributions
$3,364,440
Change in Net Assets
$197,946

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$54,000Fair Market Value
Total Noncash Contributions1$54,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,562,004
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$18,562,004
Total Revenue per Form 990
$18,562,004
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,149,728
Other Expenses$4,214,330
Total Fundraising Expense$1,007,058
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,044,754$191,888$429,526$10,666,168
Other Employee Benefits$1,860,789$36,680$65,648$1,963,117
Payroll Taxes$995,665$23,736$51,978$1,071,379
Occupancy$746,495$42,930$58,327$847,752
Office Expenses$364,564$30,460$78,030$473,054
Current Officers, Directors, Trustees, and Key Employees$137,105$96,136$215,823$449,064
Depreciation Depletion$363,199$11,503$20,831$395,533
Fees for Services Other$215,849$29,218$51,532$296,599
Information Technology$163,257$7,161$9,756$180,174
Insurance$150,170$4,419$5,369$159,958
Travel$66,290$3,512$5,854$75,656
Other Expenses$47,005$4,732$6,706$58,443
Fees for Services Accounting$6,375$3,069$5,921$15,365
Fees for Services Legal$1,892$911$1,757$4,560
Total Functional Expenses$16,870,645$486,355$1,007,058$18,364,058

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,364,058
Total Expenses per Audited Statements$18,364,058
Total Expenses per Form 990$18,364,058
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$428,308
Fundraising Gross Income$428,308
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Butterfly Ball$1,701,996$389,065$389,065$0
Fall Event$95,090$39,243$39,243$0
Total Events$1,797,086$428,308$428,308$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
Audit committee
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, Section B, Line 11B

Form 990 is prepared by our outside auditor. Following the completion of a draft of the audited financial statements and a draft of form 990, the outside auditor met with the chief financial officer to review the finanical statements and form 990 to assure that all representations and answers to issues, comments and questions were accurate. The complete tax return, including form 990 and all schedules and attachments, were distributed to the organization's executive committee for review and comment and then to the full board of directors prior to filing.

Form 990, Part VI, Section B, Line 12C

The organization requires that all officers, directors and key employees annually sign a statement which affirms that they have received, read, and understood the written conflict of interest policy, and have agreed to comply with the policy.

Form 990, Part VI, Section B, Line 15

According to the organization's by-laws, the board of directors shall fix the salary of the president/ceo that is determined to be just and reasonable, and does not constitute an "excess benefit transaction" within the meaning of section 4958 of the irs code. The salary of the cfo and other key employees is determined under the president/ceo's authority.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, donor privacy policy, and audited financials statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Chrysalis Center
EIN
95-3972624
Phone
2138066344
Address
522 S MAIN ST, LOS ANGELES, CA 90013

Signing Officer

Name
Mark Loranger
Title
President/CEO
Phone
2138066344
Signed
2018-10-04

Organization Details

Principal Officer
Mark Loranger
Formed
1985
Legal Domicile
CA
Voting Board Members
24
Independent Board Members
23
Employees
1,303
Volunteers
352

Preparer

Firm
Quigley & Miron
Address
3550 WILSHIRE BLVD 1660, LOS ANGELES, CA 90010
Preparer
John Bovard Miron
Phone
2136393550
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Chrysalis's audit committee has responsibility for oversight of the audit of its financial statements and selection of its independent auditor. This responsibility is unchanged from the prior year.

Financial Statement Notes

PART X, LINE 2:

Accounting standards require an organization to evaluate its tax positions and provide for a liability for any positions that would not be considered "more likely than not" to be upheld under a tax authority examination. Management has evaluated its tax positions and concluded that a provision for a tax liability was not necessary at december 31, 2017. Generally, the organization's information returns remain open for examination for a period of three (federal) or four (state of california) years from the date of filing.

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IRS990/Form990PartVIISectionAGrp/PersonNm4PAUL STAPLETON
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK LORANGER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIR BUSINESS PARTNERSHIPS
IRS990/Form990PartVIISectionAGrp/TitleTxt26VP DEVELOPMENT & COMMUNICA
IRS990/Form990PartVIISectionAGrp/TitleTxt27VP CHRYSALIS ENTERPRISES
IRS990/Form990PartVIISectionAGrp/TitleTxt28VP PROGRAMS & GOVERNMENT R
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt0428308
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IRS990/GainOrLossGrp/SecuritiesAmt08418
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
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IRS990/OfficeExpensesGrp/FundraisingAmt078030
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030460
IRS990/OfficeExpensesGrp/ProgramServicesAmt0364564
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036680
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IRS990/OtherExpensesGrp/Desc0ENTERPRISES MATERIALS
IRS990/OtherExpensesGrp/Desc1CLIENT SERVICES
IRS990/OtherExpensesGrp/Desc2VEHICLES UPKEEP
IRS990/OtherExpensesGrp/Desc3INTERNSHIP FEES AND EXP
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04732
IRS990/OtherExpensesGrp/ProgramServicesAmt0729191
IRS990/OtherExpensesGrp/ProgramServicesAmt1524083
IRS990/OtherExpensesGrp/ProgramServicesAmt2453962
IRS990/OtherExpensesGrp/ProgramServicesAmt347005
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IRS990/OtherExpensesGrp/TotalAmt1524083
IRS990/OtherExpensesGrp/TotalAmt2453962
IRS990/OtherExpensesGrp/TotalAmt358443
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0429526
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0191888
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010044754
IRS990/OtherSalariesAndWagesGrp/TotalAmt010666168
IRS990/OwnWebsiteInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.4$6.76$8.63$51.9$51.8$0.19
2023Detailed filing. Detailed filing data is available for this year.$17.0$8.51$8.45$50.0$52.7$2.70
2022Detailed filing. Detailed filing data is available for this year.$18.7$7.58$11.1$47.0$49.2$2.22
2021Detailed filing. Detailed filing data is available for this year.$15.6$2.21$13.4$45.8$44.1$1.69
2020Detailed filing. Detailed filing data is available for this year.$13.6$1.89$11.7$39.3$35.5$3.73
2019Detailed filing. Detailed filing data is available for this year.$9.00$1.18$7.82$28.2$28.7$0.48
2018Detailed filing. Detailed filing data is available for this year.$9.35$0.91$8.45$24.5$23.7$0.81
2017Detailed filing. Detailed filing data is available for this year.$8.08$0.65$7.43$18.6$18.4$0.20
2016Detailed filing. Detailed filing data is available for this year.$7.67$0.44$7.23$14.3$14.2$0.08
2015Detailed filing. Detailed filing data is available for this year.$7.62$0.47$7.16$12.4$12.4$0.01
2014Detailed filing. Detailed filing data is available for this year.$7.67$0.53$7.14$12.0$11.3$0.70
2013Detailed filing. Detailed filing data is available for this year.$6.89$0.45$6.45$11.1$10.2$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.97$0.44$5.53$8.84
2011Summary only. Only limited summary data is available for this year.$5.23$0.52$4.71$8.82$7.76$1.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.08$0.43$3.65$6.87