Civic Intelligence

Economic Roundtable

990 • Fiscal year 2018 • EIN 95-4313202

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 29, 2018

315 West 9th StreetLos Angeles, CA 90015

(213) 892-8104

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$113,022

Down $148,993 (-57%) from 2017

Net Assets

Down

$110,746

Down $148,994 (-57%) from 2017

Liabilities

Up

$2,276

Up $1 (+0.0%) from 2017

Revenue And Expenses

Revenue

Down

$209,423

Down $114,947 (-35%) from 2017

Expenses

Up

$358,417

Up $19,502 (+5.8%) from 2017

Net Income

Down

-$148,994

Down $134,449 (-924%) from 2017

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

2018

Assets$113,022
Liabilities$2,276
Net Assets$110,746

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

2018

Revenue$209,423
Expenses$358,417
Net Income-$148,994
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 29, 2018
Return Version
2017v2.2
Gross Receipts
$209,423
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$258,428$109,405▼ $149,023
Savings and Temporary Cash Investments$3,071$3,101▲ $30
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$262,015$113,022▼ $148,993
Other Assets Total$516$516→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,275$2,276▲ $1
Total Liabilities$2,275$2,276▲ $1
Net Assets / Fund Balance
Unrestricted Net Assets$259,740$110,746▼ $148,994
Total Net Assets Fund Balance$259,740$110,746▼ $148,994
Total Liabilities and Net Assets / Fund Balance$262,015$113,022▼ $148,993
Compensation and Service Providers

Employees

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

Board Members and Trustees

NameTitle
Jennifer ItoChairman
Kokayi Kwa JitahidiVice Chair
Abel ValenzuelaDirector
Ali ModarresDirector
Betty HungDirector
Jan BreidenbachDirector
Jasleen KohliDirector
Joan LingDirector
Ruth Wilson GilmoreDirector
Yolanda AriasSec/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$209,394
Program Service Revenue
$0
Investment Income
$29
Other Revenue
$0
All Other Contributions
$209,394
Change in Net Assets
$-148,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$234,816
Other Expenses$123,601
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$92,937$10,326-$103,263
Current Officers, Directors, Trustees, and Key Employees$84,350$9,373-$93,723
Fees for Services Other$57,288$6,365-$63,653
Occupancy$35,330$3,926-$39,256
Payroll Taxes$15,122$1,680-$16,802
Pension Plan Contributions$12,045$1,338-$13,383
Other Employee Benefits$6,880$765-$7,645
Insurance$2,499$2,499-$4,998
Office Expenses$2,957$329-$3,286
All Other Expenses$464$335-$799
Other Expenses$716$80-$796
Total Functional Expenses$320,320$38,097$0$358,417
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
2018-10-29
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
10
Employees
3
Volunteers
10

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/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01680
IRS990/PayrollTaxesGrp/ProgramServicesAmt015122
IRS990/PayrollTaxesGrp/TotalAmt016802
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01338
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012045
IRS990/PensionPlanContributionsGrp/TotalAmt013383
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0324364
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0143916
IRS990/PYRevenuesLessExpensesAmt0-14545
IRS990/PYSalariesCompEmpBnftPaidAmt0194999
IRS990/PYTotalExpensesAmt0338915
IRS990/PYTotalRevenueAmt0324370
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-148994
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03071
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0209394
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0324364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0667364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0652891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0410560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02264573
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt036
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02264573
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0209394
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0324364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0667364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0652891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0410560
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02264573
IRS990ScheduleA/TotalSupportAmt02264609
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
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/TotalAssetsBOYAmt0262015
IRS990/TotalAssetsEOYAmt0113022
IRS990/TotalAssetsGrp/BOYAmt0262015
IRS990/TotalAssetsGrp/EOYAmt0113022
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0209394
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038097
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0320320
IRS990/TotalFunctionalExpensesGrp/TotalAmt0358417
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02275
IRS990/TotalLiabilitiesEOYAmt02276
IRS990/TotalLiabilitiesGrp/BOYAmt02275
IRS990/TotalLiabilitiesGrp/EOYAmt02276
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0259740
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0110746
IRS990/TotalOtherCompensationAmt07498
IRS990/TotalProgramServiceExpensesAmt0320320
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt093723
IRS990/TotalRevenueGrp/ExclusionAmt029
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0209423
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0262015
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0113022
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

Document Assets

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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