Civic Intelligence

Bill & Bonny Levine Foundation

990 • Fiscal year 2014 • EIN 95-4199489

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 09, 2015

C/O Fdn 6505 Wilshire Blvd 1200Los Angeles, CA 90048

(323) 761-8700

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.04x

Higher debt load relative to revenue than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

98th percentile

$488,066

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 261.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

44th percentile

0.5%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

73rd percentile

18%

Faster revenue growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,036,055

Up $10,291 (+0.5%) from 2013

Net Assets

Up

$2,029,058

Up $11,586 (+0.6%) from 2013

Liabilities

Down

$6,997

Down $1,295 (-16%) from 2013

Revenue

Up

$186,762

Up $28,282 (+18%) from 2013

Expenses

Up

$131,413

Up $9,089 (+7.4%) from 2013

Net Income

Up

$55,349

Up $19,193 (+53%) from 2013

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 2009: $1,733,680Liabilities 2009: $5,488Net Assets 2009: $1,728,1922009Assets 2010: $1,836,925Liabilities 2010: $7,262Net Assets 2010: $1,829,6632010Assets 2011: $1,738,718Liabilities 2011: $7,170Net Assets 2011: $1,731,5482011Assets 2012: $1,853,111Liabilities 2012: $6,990Net Assets 2012: $1,846,1212012Assets 2013: $2,025,764Liabilities 2013: $8,292Net Assets 2013: $2,017,4722013Assets 2014: $2,036,055Liabilities 2014: $6,997Net Assets 2014: $2,029,0582014Assets 2015: $1,872,099Liabilities 2015: $7,268Net Assets 2015: $1,864,8312015Assets 2016: $1,936,807Liabilities 2016: $10,672Net Assets 2016: $1,926,1352016

Highlighted filing

2014

Assets$2,036,055
Liabilities$6,997
Net Assets$2,029,058

Operations Trend

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

$200K$0-$200K-$400K-$600KRevenue 2009: -$340,795Expenses 2009: $161,067Net Income 2009: -$501,8622009Revenue 2010: $114,901Expenses 2010: $124,294Net Income 2010: -$9,3932010Revenue 2011: $94,171Expenses 2011: $90,444Net Income 2011: $3,7272011Revenue 2012: $135,906Expenses 2012: $120,108Net Income 2012: $15,7982012Revenue 2013: $158,480Expenses 2013: $122,324Net Income 2013: $36,1562013Revenue 2014: $186,762Expenses 2014: $131,413Net Income 2014: $55,3492014Revenue 2015: $164,456Expenses 2015: $126,203Net Income 2015: $38,2532015Revenue 2016: $158,306Expenses 2016: $124,660Net Income 2016: $33,6462016

Highlighted filing

2014

Revenue$186,762
Expenses$131,413
Net Income$55,349
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$540,977
Mission and Program Overview

Mission

The foundation's giving is directed to the jewish community and the community at large to benefit programs and institutions which have emphasis on health and social services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,983,722$2,012,855▲ $29,133
Savings and Temporary Cash Investments$42,042$23,122▼ $18,920
Accounts Receivable$0$78▲ $78
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$2,025,764$2,036,055▲ $10,291
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$8,292$6,997▼ $1,295
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,292$6,997▼ $1,295
Net Assets / Fund Balance
Unrestricted Net Assets$2,017,472$2,029,058▲ $11,586
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,017,472$2,029,058▲ $11,586
Total Liabilities and Net Assets / Fund Balance$2,025,764$2,036,055▲ $10,291
Compensation and Service Providers

Employees

NameTitleOtherTotal
Fay AlthausenAssistant Treasurer$96,032$96,032

Board Members and Trustees

NameTitle
Robert LevineDirector/president
Geri Levine LoeDirector/vice President
Doranna LevineVice President
Anthony ChaninDirector
Lawrence RauchDirector
Martin KozbergDirector
Marvin SchotlandDirector/secretary
Susan MattisinkoAssistant Secretary
Michael JanuzikTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$186,596
Other Revenue
$166
Change in Net Assets
$55,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$107,527
Other Expenses$23,886
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$72,527--$72,527
Foreign Grants$35,000--$35,000
Fees for Service Investment Mgmnt Fees-$19,356-$19,356
Fees for Services Accounting-$3,070-$3,070
Insurance-$1,400-$1,400
Other Expenses-$60-$60
Total Functional Expenses$107,527$23,886$0$131,413
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Planned Parenthood SB Vent & SLOSanta Barbara, CA501(c)(3)General Support$20,000
Anti-Defamation LeagueLos Angeles, CA501(c)(3)General Support$15,000
City of HopeLos Angeles, CA501(c)(3)General Support$10,000
Sierra Club FoundationSacramento, CA501(c)(3)General Support$10,000
United Jewish FundLos Angeles, CA501(c)(3)General Support$10,000

International Summary

Spending
$35,000

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AsiaGrantmaking---$35,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Jewish Community Foundation$6,997
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11 B

The form 990 is compiled by jewish community foundation's tax accounting firm and reviewed by the jewish community foundation accounting staff and senior vp of finance and administration before being e-mailed to the board and subsequently filed.

Form 990, Part VII

All compensated officers work for jewish community foundation and as such are compensated by jewish community foundation for their services. The jewish community foundation's compensation committee reviews and approves executive managers' compensation. Other directors are volunteers and as such are not compensated for their services.

Filing and Contact Details

Filer

Filer Name
Bill & Bonny Levine Foundation
EIN
95-4199489
In Care Of
% JESSICA VROMAN
Phone
3237618700
Address
C/O FDN 6505 WILSHIRE BLVD 1200, LOS ANGELES, CA 90048

Signing Officer

Name
Geri Levine Loe
Title
Vice President
Signed
2015-11-09

Organization Details

Principal Officer
Robert Levine
Formed
1988
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Ernst & Young US Llp
Address
370 17TH ST 3300, DENVER, CO 80202
Preparer
Kelley Simon
Phone
7209314000
Supplemental Narrative

Additional Explanations

Family or Business Relationships

Form 990, part vi, line 2 doranna levine, geri levine loe and robert levine have a family relationship.

Description of Classes of Person and the Nature of Their Rights

Form 990, part vi, line 7 a the jewish community foundation of the jewish federation council of greater los angeles (jewish community foundation), the supported organization, has the authority to elect the majority of the governing board.

Committee With Authority to Act on Behalf of the Governing Body

Form 990, part vi, line 8 b the organization had no committees with authority to act on behalf of the governing body.

Description of Process to Monitor Transactions for Conflicts of Interest

Form 990, part vi, line 12 c the organization's written conflict of interest policy is sent to and requires officers, directors, and committee members to disclose, on an on-going basis (e.g., annually), potential conflicts for themselves and their family members. The president/ceo and cfo of jewish community foundation, a related organization, review any disclosed conflicts and submit actual or potential conflicts to the board of the jewish community foundation for review.

Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts to Gen Public

Form 990, part vi, line 19 the governing documents, conflict of interest policy and financial statements are available to the public upon request.

Form 990, Part XII, Line 2 C

Jewish community foundation's audit committee assumes responsibility for oversight of the consolidated audit and selects an independent auditor on behalf of the foundation.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Bill & Bonny Levine Foundation is a Type I supporting organization which
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART IV, SECTION A, LINE 6
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JEWISH COMMUNITY FOUNDATION
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1check
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1GENERAL SUPPORT
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0SCHEDULE F, PART I, LINE 2 ALL GRANTS IN SCHEDULE F ARE TO DOMESTIC 501(C)(3) ORGANIZATIONS THAT PROVIDE GRANTS OR OTHER ASSISTANCE TO DESIGNATED FOREIGN ORGANIZATIONS. THE MAJORITY OF GRANTS ISSUED BY THE ORGANIZATION ARE FOR GENERAL OPERATIONS FOR THE PERIOD OF ONE YEAR. WHEN THE ORGANIZATION ISSUES A MULTI-YEAR GRANT FOR A SPECIFIED PURPOSE, A GRANT AGREEMENT IS PREPARED BETWEEN THE ORGANIZATION AND THE GRANTEE DETAILING BENCHMARKS THAT MUST BE ACHIEVED BY THE GRANTEE. THE AGREEMENT IS MONITORED AND THE GRANTEE MUST SHOW FULFILLMENT OF BENCHMARKS WITH A WRITTEN REPORT PRIOR TO RECEIVING THE NEXT INSTALLMENT OF THE GRANT.
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt1SCHEDULE F, PART II THE ACCRUAL METHOD OF ACCOUNTING WAS USED TO DETERMINE THE AMOUNTS IN PART II.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANT FUNDS OUTSIDE THE US
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1METHOD OF ACCOUNTING
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Anti-Defamation League
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1City of Hope
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2United Jewish Fund
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Planned Parenthood SB Vent & SLO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Sierra Club Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0131818723
IRS990ScheduleI/RecipientTable/RecipientEIN1953435919
IRS990ScheduleI/RecipientTable/RecipientEIN2951643388

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