Civic Intelligence

Economic Roundtable

990 • Fiscal year 2016 • EIN 95-4313202

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 26, 2016

315 West 9th StreetLos Angeles, CA 90015

(213) 892-8104

Siviq Scores

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

Liabilities / Assets

36th percentile

0.01x

Higher debt load relative to assets than 36% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

30th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

82nd percentile

25%

Higher net margin than 82% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

88th percentile

$101,221

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

96th percentile

141%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

48th percentile

2.2%

Faster revenue growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$276,361

Up $161,917 (+141%) from 2015

Net Assets

Up

$274,285

Up $164,981 (+151%) from 2015

Liabilities

Down

$2,076

Down $3,064 (-60%) from 2015

Revenue

Up

$667,364

Up $14,472 (+2.2%) from 2015

Expenses

Down

$502,383

Down $114,098 (-19%) from 2015

Net Income

Up

$164,981

Up $128,570 (+353%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $62,339Liabilities 2012: $4,489Net Assets 2012: $57,8502012Assets 2013: $62,339Liabilities 2013: $4,489Net Assets 2013: $57,8502013Assets 2014: $77,831Liabilities 2014: $4,938Net Assets 2014: $72,8932014Assets 2015: $114,444Liabilities 2015: $5,140Net Assets 2015: $109,3042015Assets 2016: $276,361Liabilities 2016: $2,076Net Assets 2016: $274,2852016Assets 2017: $262,015Liabilities 2017: $2,275Net Assets 2017: $259,7402017Assets 2018: $113,022Liabilities 2018: $2,276Net Assets 2018: $110,7462018Assets 2019: $36,817Liabilities 2019: $0Net Assets 2019: $36,8172019Assets 2020: $171,544Liabilities 2020: $0Net Assets 2020: $171,5442020Assets 2021: $281,494Liabilities 2021: $0Net Assets 2021: $281,4942021Assets 2022: $256,354Liabilities 2022: $0Net Assets 2022: $256,3542022Assets 2023: $102,759Liabilities 2023: $0Net Assets 2023: $102,7592023Assets 2024: $44,704Liabilities 2024: $0Net Assets 2024: $44,7042024Assets 2025: $25,426Liabilities 2025: $0Net Assets 2025: $25,4262025

Highlighted filing

2016

Assets$276,361
Liabilities$2,076
Net Assets$274,285

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $491,026Expenses 2012: $447,789Net Income 2012: $43,2372012Revenue 2013: $491,026Expenses 2013: $446,789Net Income 2013: $44,2372013Revenue 2014: $510,560Expenses 2014: $495,517Net Income 2014: $15,0432014Revenue 2015: $652,892Expenses 2015: $616,481Net Income 2015: $36,4112015Revenue 2016: $667,364Expenses 2016: $502,383Net Income 2016: $164,9812016Revenue 2017: $324,370Expenses 2017: $338,915Net Income 2017: -$14,5452017Revenue 2018: $209,423Expenses 2018: $358,417Net Income 2018: -$148,9942018Revenue 2019: $238,432Expenses 2019: $312,361Net Income 2019: -$73,9292019Revenue 2020: $399,249Expenses 2020: $264,522Net Income 2020: $134,7272020Revenue 2021: $395,364Expenses 2021: $385,443Net Income 2021: $9,9212021Revenue 2022: $491,006Expenses 2022: $516,146Net Income 2022: -$25,1402022Revenue 2023: $515,485Expenses 2023: $669,080Net Income 2023: -$153,5952023Revenue 2024: $367,152Expenses 2024: $425,206Net Income 2024: -$58,0542024Revenue 2025: $166,758Expenses 2025: $186,036Net Income 2025: -$19,2782025

Highlighted filing

2016

Revenue$667,364
Expenses$502,383
Net Income$164,981
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 26, 2016
Return Version
2015v2.0
Gross Receipts
$667,364
Mission and Program Overview

Mission

Conduct research and implement programs that contribute to the economic self-sufficiency of individuals and communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$110,863$272,779▲ $161,916
Savings and Temporary Cash Investments$3,065$3,066▲ $1
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$114,444$276,361▲ $161,917
Other Assets Total$516$516→ $0
Liabilities
Accounts Payable and Accrued Expenses$5,140$2,076▼ $3,064
Total Liabilities$5,140$2,076▼ $3,064
Net Assets / Fund Balance
Unrestricted Net Assets$109,304$274,285▲ $164,981
Total Net Assets Fund Balance$109,304$274,285▲ $164,981
Total Liabilities and Net Assets / Fund Balance$114,444$276,361▲ $161,917

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$5,221-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Danniel FlamingPresidentFT$93,723$7,498$101,221

Board Members and Trustees

NameTitle
Jennifer ItoChairman
Jessica GoodheartVice Chair
Abel ValenzuelaDirector
Ali ModarresDirector
Betty HungDirector
Jan BreidenbachDirector
Joan LingDirector
Ruth Wilson GilmoreDirector
Yolanda AriasSec/ Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$667,364
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$510,314
Change in Net Assets
$164,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$288,733
Salaries, Compensation, and Employee Benefits$213,650
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$214,909$23,879-$238,788
Current Officers, Directors, Trustees, and Key Employees$84,351$9,372-$93,723
Other Salaries and Wages$75,878$8,431-$84,309
Office Expenses$23,614$2,624-$26,238
Pension Plan Contributions$15,258$1,695-$16,953
Payroll Taxes$12,297$1,366-$13,663
Occupancy$8,197$911-$9,108
Insurance$3,099$3,098-$6,197
Other Employee Benefits$4,502$500-$5,002
Advertising$1,189$132-$1,321
Information Technology$1,160$129-$1,289
Other Expenses$180$20-$200
All Other Expenses$89$108-$197
Total Functional Expenses$449,579$52,804$0$502,383
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

The form 990 is presented to the full board for review and comment prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All instances of possible conflict of interest are reviewed by the directors at each quarterly meeting. Conflicts are expected to be disclosed and the directors are expected to abstain from discussion and voting on such matters.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board periodically convenes a finance and compensation ad hoc committee to review the amount of inflation since previous pay raise and to compare the overall amount of compensation paid to staff at similar exempt organizations.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and conflict of interest policy are on the web site and available upon written request.

Filing and Contact Details

Filer

Filer Name
Economic Roundtable
EIN
95-4313202
Phone
2138928104
Address
315 WEST 9TH STREET, LOS ANGELES, CA 90015

Signing Officer

Name
Daniel Flaming
Title
President
Signed
2016-09-26
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
9
Employees
3
Volunteers
9

Preparer

Firm
Gtl Llp
Address
15315 Magnolia Blvd Suite 110, Sherman Oaks, CA 91403-1100
Preparer
Fabio Vasco
Phone
8185090066
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IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2DIRECTORS MEETINGS
IRS990/OtherExpensesGrp/Desc3EVENT MEETINGS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0291
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1218
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt320
IRS990/OtherExpensesGrp/ProgramServicesAmt02616
IRS990/OtherExpensesGrp/ProgramServicesAmt11965
IRS990/OtherExpensesGrp/ProgramServicesAmt2275
IRS990/OtherExpensesGrp/ProgramServicesAmt3180
IRS990/OtherExpensesGrp/TotalAmt02907
IRS990/OtherExpensesGrp/TotalAmt12183
IRS990/OtherExpensesGrp/TotalAmt2305
IRS990/OtherExpensesGrp/TotalAmt3200
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08431
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt075878
IRS990/OtherSalariesAndWagesGrp/TotalAmt084309
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01366
IRS990/PayrollTaxesGrp/ProgramServicesAmt012297
IRS990/PayrollTaxesGrp/TotalAmt013663
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01695
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015258
IRS990/PensionPlanContributionsGrp/TotalAmt016953
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0652891
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0356681
IRS990/PYRevenuesLessExpensesAmt036411
IRS990/PYSalariesCompEmpBnftPaidAmt0259800
IRS990/PYTotalExpensesAmt0616481
IRS990/PYTotalRevenueAmt0652892
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0164981
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03065
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0667364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0652891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0410560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0491026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0235945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02457786
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct00.84290
IRS990ScheduleA/PublicSupportTotal170Amt02457786
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0667364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0652891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0410560
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0491026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0235945
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02457786
IRS990ScheduleA/TotalSupportAmt02457787
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05221
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05221
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE FULL BOARD FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL INSTANCES OF POSSIBLE CONFLICT OF INTEREST ARE REVIEWED BY THE DIRECTORS AT EACH QUARTERLY MEETING. CONFLICTS ARE EXPECTED TO BE DISCLOSED AND THE DIRECTORS ARE EXPECTED TO ABSTAIN FROM DISCUSSION AND VOTING ON SUCH MATTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD PERIODICALLY CONVENES A FINANCE AND COMPENSATION AD HOC COMMITTEE TO REVIEW THE AMOUNT OF INFLATION SINCE PREVIOUS PAY RAISE AND TO COMPARE THE OVERALL AMOUNT OF COMPENSATION PAID TO STAFF AT SIMILAR EXEMPT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE ON THE WEB SITE AND AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0114444
IRS990/TotalAssetsEOYAmt0276361
IRS990/TotalAssetsGrp/BOYAmt0114444
IRS990/TotalAssetsGrp/EOYAmt0276361
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0667364
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052804
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0449579
IRS990/TotalFunctionalExpensesGrp/TotalAmt0502383
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05140
IRS990/TotalLiabilitiesEOYAmt02076
IRS990/TotalLiabilitiesGrp/BOYAmt05140
IRS990/TotalLiabilitiesGrp/EOYAmt02076
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0109304
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0274285
IRS990/TotalOtherCompensationAmt07498
IRS990/TotalProgramServiceExpensesAmt0449579
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt093723
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0667364
IRS990/TotalVolunteersCnt09

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.67$1.86$0.19
2024Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$3.67$4.25$0.58
2023Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$5.15$6.69$1.54
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$4.91$5.16$0.25
2021Detailed filing. Detailed filing data is available for this year.$2.81$0.00$2.81$3.95$3.85$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$3.99$2.65$1.35
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$2.38$3.12$0.74
2018Detailed filing. Detailed filing data is available for this year.$1.13$0.02$1.11$2.09$3.58$1.49
2017Detailed filing. Detailed filing data is available for this year.$2.62$0.02$2.60$3.24$3.39$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.02$2.74$6.67$5.02$1.65
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.05$1.09$6.53$6.16$0.36
2014Summary only. Only limited summary data is available for this year.$0.78$0.05$0.73$5.11$4.96$0.15
2013Summary only. Only limited summary data is available for this year.$0.62$0.04$0.58$4.91$4.47$0.44
2012Summary only. Only limited summary data is available for this year.$0.62$0.04$0.58$4.91$4.48$0.43