Civic Intelligence

Seven Arrows Inc.

990 • Fiscal year 2019 • EIN 95-4548417

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 29, 2020

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

51st percentile

0.09x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

39th percentile

0.05x

Higher debt load relative to revenue than 39% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

24th percentile

-6.8%

Higher net margin than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

66th percentile

$95,589

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

25th percentile

-3.2%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

2.8%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,161,970

Down $38,730 (-3.2%) from 2018

Net Assets

Down

$1,062,358

Down $120,880 (-10%) from 2018

Liabilities

Up

$99,612

Up $82,150 (+470%) from 2018

Revenue

Up

$2,105,633

Up $58,011 (+2.8%) from 2018

Expenses

Down

$2,248,429

Down $63,596 (-2.8%) from 2018

Net Income

Up

-$142,796

Up $121,607 (+46%) from 2018

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

2019

Assets$1,161,970
Liabilities$99,612
Net Assets$1,062,358

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

2019

Revenue$2,105,633
Expenses$2,248,429
Net Income-$142,796
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 29, 2020
Return Version
2018v3.1
Gross Receipts
$2,155,597
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$474,265$475,300▲ $1,035
Cash and Non-Interest-Bearing Accounts$509,458$464,074▼ $45,384
Savings and Temporary Cash Investments$174,077$175,690▲ $1,613
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$1,200,700$1,161,970▼ $38,730
Other Assets Total$42,900$46,906▲ $4,006
Liabilities
Deferred Revenue$4,545$83,656▲ $79,111
Other Liabilities$12,917$15,956▲ $3,039
Total Liabilities$17,462$99,612▲ $82,150
Net Assets / Fund Balance
Unrestricted Net Assets$1,183,238$1,062,358▼ $120,880
Total Net Assets Fund Balance$1,183,238$1,062,358▼ $120,880
Total Liabilities and Net Assets / Fund Balance$1,200,700$1,161,970▼ $38,730

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$470,822$204,656$675,478
Other Land Buildings$1,673$79,708$81,381
Equipment$2,805$3,037$5,842
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Margarita L PagliaiExecutive DirectorPT$95,589$95,589
Jody RobertsSecretaryPT$24,308$24,308

Board Members and Trustees

NameTitle
Winston ChappellPresident
Alisoun GellerBoard Member
Mari-jo DeutschmanBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$95,527
Program Service Revenue
$1,893,990
Investment Income
$102
Other Revenue
$116,014
All Other Contributions
$90,527
Change in Net Assets
$-142,796
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,527,736
Other Expenses$720,693
Total Fundraising Expense$22,621
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$884,637$283,123-$1,167,760
Occupancy$374,018$66,003-$440,021
Other Employee Benefits$95,767$33,648-$129,415
Current Officers, Directors, Trustees, and Key Employees$55,981$45,723$20,874$122,578
Payroll Taxes$78,716$27,520$1,747$107,983
All Other Expenses$48,717$6,444-$55,161
Insurance$31,234$6,315-$37,549
Office Expenses$18,573$2,064-$20,637
Depreciation Depletion$18,438$1,869-$20,307
Fees for Services Other$10,379$5,908-$16,287
Fees for Services Accounting-$14,711-$14,711
Other Expenses$11,611--$11,611
Information Technology$4,645--$4,645
Fees for Services Legal-$1,442-$1,442
Advertising$250--$250
Total Functional Expenses$1,731,038$494,770$22,621$2,248,429
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$135,978
Fundraising Direct Expenses$49,964
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Event$138,580$133,580$15,169$118,411
Total Events$138,580$133,580$49,964$83,616
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$15,956
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
Executive Director
Signed
2020-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margarita Pagliai
Formed
1995
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
3
Employees
32
Volunteers
120

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/PrincipalOfficerNm0MARGARITA PAGLIAI
IRS990/PriorPeriodAdjustmentsAmt021916
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01893990
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01893990
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt097500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt068595
IRS990/PYInvestmentIncomeAmt0201
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0713469
IRS990/PYOtherRevenueAmt0156440
IRS990/PYProgramServiceRevenueAmt01793481
IRS990/PYRevenuesLessExpensesAmt0-264403
IRS990/PYSalariesCompEmpBnftPaidAmt01529961
IRS990/PYTotalExpensesAmt02312025
IRS990/PYTotalRevenueAmt02047622
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-142796
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt030000
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01893990
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0174077
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0175690
IRS990ScheduleA/SchoolInd0X
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/BookValueAmt02805
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03037
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05842
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0470822
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0204656
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0675478
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01673
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt079708
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt081381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015956
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0475300
IRS990ScheduleD/TotalLiabilityAmt015956
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/CharitableContributionsTotAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt049964
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0750
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0750
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPRING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt032562
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt032562
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0138580
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0138580
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0133580
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0133580
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt083616
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015169
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015169
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01483
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01483
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01200700
IRS990/TotalAssetsEOYAmt01161970
IRS990/TotalAssetsGrp/BOYAmt01200700
IRS990/TotalAssetsGrp/EOYAmt01161970
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt095527
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022621
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0494770
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01731038
IRS990/TotalFunctionalExpensesGrp/TotalAmt02248429
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017462
IRS990/TotalLiabilitiesEOYAmt099612
IRS990/TotalLiabilitiesGrp/BOYAmt017462
IRS990/TotalLiabilitiesGrp/EOYAmt099612
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01183238
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01062358
IRS990/TotalProgramServiceExpensesAmt01731038
IRS990/TotalProgramServiceRevenueAmt01893990
IRS990/TotalReportableCompFromOrgAmt0119897
IRS990/TotalRevenueGrp/ExclusionAmt0102
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01923990

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
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.10$1.06$2.11$2.25$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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