Civic Intelligence

The Ray Charles Foundation

990PF • Fiscal year 2016 • EIN 95-4047622

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

2107 West Washington BlvdLos Angeles, CA 90018

(323) 737-8000

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2016 filings • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

15th percentile

0.02x

Higher debt load relative to revenue than 15% of similar nonprofits.

2016 filings • $25M-$50M nonprofits • Source year 2016

Net Margin

5th percentile

-89%

Higher net margin than 5% of similar nonprofits.

2016 filings • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

75th percentile

$342,831

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 14.9% of source-year revenue.

2016 filings • $25M-$50M nonprofits • Source year 2016

Asset Growth

31st percentile

-1.1%

Faster asset growth than 31% of similar nonprofits.

2016 filings • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

12th percentile

-31%

Faster revenue growth than 12% of similar nonprofits.

2016 filings • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$46,049,379

Down $516,803 (-1.1%) from 2015

Net Assets

Down

$45,996,739

Down $519,753 (-1.1%) from 2015

Liabilities

Up

$52,640

Up $2,950 (+5.9%) from 2015

Revenue

Down

$2,300,576

Down $1,015,072 (-31%) from 2015

Expenses

Down

$4,347,062

Down $967,361 (-18%) from 2015

Net Income

Down

-$2,046,486

Down $47,711 (-2.4%) from 2015

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $58,198,365Liabilities 2010: $46,2652010Assets 2011: $55,593,254Liabilities 2011: $43,8352011Assets 2012: $57,754,144Liabilities 2012: $44,7852012Assets 2013: $49,842,037Liabilities 2013: $45,2152013Assets 2014: $47,030,699Liabilities 2014: $48,765Net Assets 2014: $46,981,9342014Assets 2015: $46,566,182Liabilities 2015: $49,690Net Assets 2015: $46,516,4922015Assets 2016: $46,049,379Liabilities 2016: $52,640Net Assets 2016: $45,996,7392016Assets 2017: $40,266,329Liabilities 2017: $55,540Net Assets 2017: $40,210,7892017Assets 2018: $41,389,077Liabilities 2018: $60,180Net Assets 2018: $41,328,8972018Assets 2019: $42,075,947Liabilities 2019: $62,820Net Assets 2019: $42,013,1272019Assets 2020: $40,370,867Liabilities 2020: $60,320Net Assets 2020: $40,310,5472020Assets 2021: $40,365,367Liabilities 2021: $62,070Net Assets 2021: $40,303,2972021Assets 2022: $40,954,501Liabilities 2022: $100,010Net Assets 2022: $40,854,4912022Assets 2023: $38,818,702Liabilities 2023: $94,926Net Assets 2023: $38,723,7762023Assets 2024: $39,004,801Liabilities 2024: $80,222Net Assets 2024: $38,924,5792024

Highlighted filing

2016

Assets$46,049,379
Liabilities$52,640
Net Assets$45,996,739

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MRevenue 2010: $2,857,156Expenses 2010: $6,696,288Net Income 2010: -$3,839,1322010Revenue 2011: $2,246,590Expenses 2011: $4,673,394Net Income 2011: -$2,426,8042011Revenue 2012: $4,290,080Expenses 2012: $6,162,273Net Income 2012: -$1,872,1932012Revenue 2013: $1,349,843Expenses 2013: $9,262,380Net Income 2013: -$7,912,5372013Revenue 2014: $2,334,794Expenses 2014: $6,076,313Net Income 2014: -$3,741,5192014Revenue 2015: $3,315,648Expenses 2015: $5,314,423Net Income 2015: -$1,998,7752015Revenue 2016: $2,300,576Expenses 2016: $4,347,062Net Income 2016: -$2,046,4862016Revenue 2017: $1,735,459Expenses 2017: $9,054,742Net Income 2017: -$7,319,2832017Revenue 2018: $3,507,634Expenses 2018: $3,922,859Net Income 2018: -$415,2252018Revenue 2019: $4,635,580Expenses 2019: $5,484,683Net Income 2019: -$849,1032019Revenue 2020: $2,730,330Expenses 2020: $5,966,243Net Income 2020: -$3,235,9132020Revenue 2021: $3,144,514Expenses 2021: $5,108,590Net Income 2021: -$1,964,0762021Revenue 2022: $3,531,214Expenses 2022: $4,496,880Net Income 2022: -$965,6662022Revenue 2023: $2,927,861Expenses 2023: $5,807,603Net Income 2023: -$2,879,7422023Revenue 2024: $3,697,358Expenses 2024: $4,590,548Net Income 2024: -$893,1902024

Highlighted filing

2016

Revenue$2,300,576
Expenses$4,347,062
Net Income-$2,046,486
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VALERIE ERVINPresidentFT$333,440$9,391$342,831
JOSEPH ADAMSChairman-$0--
REV MARK WHITLOCKDirector-$0--
REV CECIL L MURRAYTreasurer-$0--
RAMSEY JAY JRDirector-$0--
DIANA TREISTERDirector-$0--
STEWART IAN ALPERTDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Ray Charles Foundation
EIN
95-4047622
Phone
3237378000
Address
2107 WEST WASHINGTON BLVD, LOS ANGELES, CA 90018

Signing Officer

Name
Valerie Ervin
Title
President
Signed
2017-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Hutchinson and Bloodgood Llp
Address
550 N BRAND BLVD 14th Floor, GLENDALE, CA 91203
Preparer
Douglas W Kawamura CPA
Phone
8186375000
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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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IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionAmt0171481
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/NetRntlIncmReNotDebtFincdProp/ExclusionAmt066527
IRS990PF/AnalysisIncomeProducingActyGrp/NetRntlIncmReNotDebtFincdProp/ExclusionCd016
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0ALBUM INCOME
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc1FED/CA TAX REFUNDS
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc2LEGAL SETTLEMENT
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc3LICENSING/MERCHANDISE
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc4MASTER LICENSE REVENUE
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc5MISCELLANEOUS INCOME
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc6OIL & GAS LEASE
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc7PUBLISHING INCOME
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc8ROYALTY RECEIPTS
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc9SAG PENSION RECEIPTS
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt040955
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt1453
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt275506
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt3202945
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt42557
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt53711
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt6270969
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt7911170
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd015
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd11
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd21
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd315
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd415
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd51
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd61
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd715
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd815
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd914
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt01746274
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt01746274
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt047925
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt047925
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt095850
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt0166720
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt0166720
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0333440
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt010000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt010000
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnNetInvstIncmAmt099867
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt0311249
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-2046486
IRS990PF/AnalysisOfRevenueAndExpenses/GrossRentsNetInvstIncmAmt0620829
IRS990PF/AnalysisOfRevenueAndExpenses/GrossRentsRevAndExpnssAmt0620829
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt0171481
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt0171481
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt0179106
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesNetInvstIncmAmt0179107
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt0358213
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/NetRentalIncomeOrLossAmt066527
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt0318072
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt0318073
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0636145
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt0202519
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt02190286
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt02392805
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt01507813
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt01508266
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt011521
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt011520
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt023041
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt012849
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt012849
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt025698
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt044636
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt044637
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt089273
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt01029022
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt03106658
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt04347062
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt02300123
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt02300576
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt01019022
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt03106658
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt04337062
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt035674
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt035674
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt071348
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-2046486
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt06600
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt01533333
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt046003339
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt046516492
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt045996739
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt02257924
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt02257924
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt02257924
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt02257924
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToEsTaxAmt08130
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt08130
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt08130
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt08130
IRS990PF/FMVAssetsEOYAmt048684847
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt0564749
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt0677391
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt0677391
IRS990PF/Form990PFBalanceSheetsGrp/InvstLandAccumDepreciationAmt0791213
IRS990PF/Form990PFBalanceSheetsGrp/InvstLandCostOrOtherBasisAmt06220888
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipAccumDeprecAmt03103609
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt06398378
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsBOYAmt05425912
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYAmt05429675
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYFMVAmt07525000
IRS990PF/Form990PFBalanceSheetsGrp/LandBOYAmt02916025
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt03294769
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYFMVAmt03700000
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowSFAS117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt05486088
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt05486088
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt05621000
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt049690
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt052640
IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesBOYAmt030780
IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesEOYAmt029688
IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesEOYFMVAmt029688
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt046516492
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt045996739
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt032142628
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt031131768
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt031131768
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt046566182
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt046049379
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt048684847
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt049690
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt052640
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt046566182
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt046049379
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt046516492
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt045996739
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt045846174

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.0$0.08$38.9$3.70$4.59$0.89
2023Detailed filing. Detailed filing data is available for this year.$38.8$0.09$38.7$2.93$5.81$2.88
2022Detailed filing. Detailed filing data is available for this year.$41.0$0.10$40.9$3.53$4.50$0.97
2021Detailed filing. Detailed filing data is available for this year.$40.4$0.06$40.3$3.14$5.11$1.96
2020Detailed filing. Detailed filing data is available for this year.$40.4$0.06$40.3$2.73$5.97$3.24
2019Detailed filing. Detailed filing data is available for this year.$42.1$0.06$42.0$4.64$5.48$0.85
2018Detailed filing. Detailed filing data is available for this year.$41.4$0.06$41.3$3.51$3.92$0.42
2017Detailed filing. Detailed filing data is available for this year.$40.3$0.06$40.2$1.74$9.05$7.32
2016Detailed filing. Detailed filing data is available for this year.$46.0$0.05$46.0$2.30$4.35$2.05
2015Detailed filing. Detailed filing data is available for this year.$46.6$0.05$46.5$3.32$5.31$2.00
2014Detailed filing. Detailed filing data is available for this year.$47.0$0.05$47.0$2.33$6.08$3.74
2013Summary only. Only limited summary data is available for this year.$49.8$0.05$1.35$9.26$7.91
2012Summary only. Only limited summary data is available for this year.$57.8$0.04$4.29$6.16$1.87
2011Summary only. Only limited summary data is available for this year.$55.6$0.04$2.25$4.67$2.43
2010Summary only. Only limited summary data is available for this year.$58.2$0.05$2.86$6.70$3.84