Civic Intelligence

Seven Arrows Inc.

990 • Fiscal year 2018 • EIN 95-4548417

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

1812 Stanford StreetSanta Monica, CA 90404

(310) 998-0011

Siviq Scores

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

Liabilities / Assets

29th percentile

0.01x

Higher debt load relative to assets than 29% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

65th percentile

$93,452

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

61st percentile

9.0%

Faster revenue growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$1,200,700

Down $250,079 (-17%) from 2017

Net Assets

Down

$1,183,238

Down $267,541 (-18%) from 2017

Liabilities

Up

$17,462

Up $17,462 from 2017

Revenue

Up

$2,047,622

Up $169,857 (+9.0%) from 2017

Expenses

Down

$2,312,025

Down $220,869 (-8.7%) from 2017

Net Income

Up

-$264,403

Up $390,726 (+60%) from 2017

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$0-$1.0MAssets 2011: $1,696,240Liabilities 2011: $7,210Net Assets 2011: $1,689,0302011Assets 2012: $1,758,964Liabilities 2012: $11,100Net Assets 2012: $1,747,8642012Assets 2013: $1,878,565Liabilities 2013: $6,425Net Assets 2013: $1,872,1402013Assets 2014: $2,008,380Liabilities 2014: $8,836Net Assets 2014: $1,999,5442014Assets 2015: $2,166,339Liabilities 2015: $30,364Net Assets 2015: $2,135,9752015Assets 2016: $2,122,500Liabilities 2016: $16,592Net Assets 2016: $2,105,9082016Assets 2017: $1,450,779Liabilities 2017: $0Net Assets 2017: $1,450,7792017Assets 2018: $1,200,700Liabilities 2018: $17,462Net Assets 2018: $1,183,2382018Assets 2019: $1,161,970Liabilities 2019: $99,612Net Assets 2019: $1,062,3582019Assets 2020: $1,265,603Liabilities 2020: $346,522Net Assets 2020: $919,0812020Assets 2021: $1,475,652Liabilities 2021: $685,541Net Assets 2021: $790,1112021Assets 2022: $1,735,991Liabilities 2022: $1,544,415Net Assets 2022: $191,5762022Assets 2023: $1,409,017Liabilities 2023: $1,611,670Net Assets 2023: -$202,6532023Assets 2024: $1,367,890Liabilities 2024: $1,558,195Net Assets 2024: -$190,3052024

Highlighted filing

2018

Assets$1,200,700
Liabilities$17,462
Net Assets$1,183,238

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,515,7582011Expenses 2012: $1,683,8042012Expenses 2013: $1,729,8052013Revenue 2014: $1,992,422Expenses 2014: $1,865,018Net Income 2014: $127,4042014Revenue 2015: $2,016,310Expenses 2015: $1,879,879Net Income 2015: $136,4312015Revenue 2016: $2,062,242Expenses 2016: $2,092,309Net Income 2016: -$30,0672016Revenue 2017: $1,877,765Expenses 2017: $2,532,894Net Income 2017: -$655,1292017Revenue 2018: $2,047,622Expenses 2018: $2,312,025Net Income 2018: -$264,4032018Revenue 2019: $2,105,633Expenses 2019: $2,248,429Net Income 2019: -$142,7962019Revenue 2020: $2,127,793Expenses 2020: $2,271,070Net Income 2020: -$143,2772020Revenue 2021: $2,375,307Expenses 2021: $2,504,377Net Income 2021: -$129,0702021Revenue 2022: $3,043,426Expenses 2022: $2,784,796Net Income 2022: $258,6302022Revenue 2023: $3,122,300Expenses 2023: $3,064,648Net Income 2023: $57,6522023Revenue 2024: $3,249,845Expenses 2024: $3,237,497Net Income 2024: $12,3482024

Highlighted filing

2018

Revenue$2,047,622
Expenses$2,312,025
Net Income-$264,403
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.2
Gross Receipts
$2,083,626
Mission and Program Overview

Mission

Seven arrow's purpose is to provide preschool and after-school education, including academics, arts, physical education, and enrichment related program services.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$460,981$509,458▲ $48,477
Land, Buildings, and Equipment, Net$476,427$474,265▼ $2,162
Savings and Temporary Cash Investments$460,748$174,077▼ $286,671
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,450,779$1,200,700▼ $250,079
Other Assets Total$52,623$42,900▼ $9,723
Liabilities
Other Liabilities-$12,917-
Deferred Revenue-$4,545-
Total Liabilities$0$17,462▲ $17,462
Net Assets / Fund Balance
Unrestricted Net Assets$1,450,779$1,183,238▼ $267,541
Total Net Assets Fund Balance$1,450,779$1,183,238▼ $267,541
Total Liabilities and Net Assets / Fund Balance$1,450,779$1,200,700▼ $250,079

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$488,141$187,337$675,478
Other Land Buildings$-18,550$99,931$81,381
Equipment$4,674$1,168$5,842
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margarita L PagliaiExecutive DirectorPT$93,452$93,452

Board Members and Trustees

NameTitle
Winston ChappellPresident
Browne GreeneVice President
Mari-jo DeutschmanBoard Member
Michelle AshfordBoard Member
Alisoun GenslerTrustee Hr
Judy Roberts SchwartzSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$97,500
Program Service Revenue
$1,793,481
Investment Income
$201
Other Revenue
$156,440
All Other Contributions
$77,300
Change in Net Assets
$-264,403
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,529,961
Other Expenses$713,469
Grants and Similar Amounts Paid$68,595
Total Fundraising Expense$22,827
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$865,130$310,318-$1,175,448
Occupancy$373,773$65,959-$439,732
Other Employee Benefits$110,295$39,563-$149,858
Payroll Taxes$80,057$28,595$1,827$110,479
Current Officers, Directors, Trustees, and Key Employees$54,882$18,294$21,000$94,176
Grants to Domestic Individuals$68,595--$68,595
All Other Expenses$54,606--$54,606
Depreciation Depletion$23,058$1,168-$24,226
Fees for Services Accounting-$23,352-$23,352
Office Expenses$18,365$2,041-$20,406
Insurance$11,548$6,315-$17,863
Other Expenses$14,788--$14,788
Information Technology$3,536--$3,536
Fees for Services Legal-$3,100-$3,100
Advertising$698--$698
Total Functional Expenses$1,790,493$498,705$22,827$2,312,025
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$162,444
Fundraising Direct Expenses$36,004
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Event$180,489$160,289$8,578$151,711
Total Events$180,489$160,289$36,004$124,285
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$12,824
Other Liabilities$93
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
No
Other officer compensation reviewed
No
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

Tax return was reviewed and approved by president and financial staff

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Seven Arrows Inc
EIN
95-4548417
Phone
3109980011
Address
1812 STANFORD STREET, SANTA MONICA, CA 90404

Signing Officer

Name
Margarita Pagliai
Title
President
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margarita Pagliai
Formed
1995
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
34
Volunteers
160

Preparer

Firm
Steven D Mocalis
Address
302 Avenida de la Estrella, SAN CLEMENTE, CA 92672-3929
Preparer
Steven D Mocalis
Phone
9494855522
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IRS990/OtherLiabilitiesGrp/EOYAmt012917
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0310318
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0865130
IRS990/OtherSalariesAndWagesGrp/TotalAmt01175448
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01827
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt028595
IRS990/PayrollTaxesGrp/ProgramServicesAmt080057
IRS990/PayrollTaxesGrp/TotalAmt0110479
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARGARITA PAGLIAI
IRS990/PriorPeriodAdjustmentsAmt0-3138
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01793481
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01793481
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt057175
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt024065
IRS990/PYInvestmentIncomeAmt0463
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01219832
IRS990/PYOtherRevenueAmt0104321
IRS990/PYProgramServiceRevenueAmt01715806
IRS990/PYRevenuesLessExpensesAmt0-655129
IRS990/PYSalariesCompEmpBnftPaidAmt01288997
IRS990/PYTotalExpensesAmt02532894
IRS990/PYTotalRevenueAmt01877765
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-264403
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt030000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01793481
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0460748
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0174077
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt04674
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01168
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05842
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0488141
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0187337
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0675478
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-18550
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt099931
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt081381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012824
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0474265
IRS990ScheduleD/TotalLiabilityAmt012917
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE RACIAL NON-DISCRIMINARY POLICY IS AVAILABLE DURING OUR APPLICATION PROCESS AT WWW.LITTLEDOLPHINS.ORG UNDER THE ADMISSIONS SECTION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt020200
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt020200
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt036004
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01125
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01125
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt026301
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt026301
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0180489
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0180489
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0160289
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0160289
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0124285
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08578
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08578
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FINANCIAL AID
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt068595
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0TUITION
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt023700
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0EMMA MARLOW
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0RELATIVE
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0FINANCIAL AID
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN WAS REVIEWED AND APPROVED BY PRESIDENT AND FINANCIAL STAFF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01450779
IRS990/TotalAssetsEOYAmt01200700
IRS990/TotalAssetsGrp/BOYAmt01450779
IRS990/TotalAssetsGrp/EOYAmt01200700
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt097500

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$1.56$0.19$3.25$3.24$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$1.61$0.20$3.12$3.06$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$1.54$0.19$3.04$2.78$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.69$0.79$2.38$2.50$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.35$0.92$2.13$2.27$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.10$1.06$2.11$2.25$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.02$1.18$2.05$2.31$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.00$1.45$1.88$2.53$0.66
2016Detailed filing. Detailed filing data is available for this year.$2.12$0.02$2.11$2.06$2.09$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.17$0.03$2.14$2.02$1.88$0.14
2014Detailed filing. Detailed filing data is available for this year.$2.01$0.01$2.00$1.99$1.87$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.01$1.87$1.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.01$1.75$1.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.01$1.69$1.52