Civic Intelligence

Los Angelesventura Chapter Abc Training Trust Fund

990 • Fiscal year 2018 • EIN 95-4650219

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

12979 Arroyo AveSan Fernando, CA 91340

(818) 898-2099

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.15x

Higher debt load relative to revenue than 85% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

9th percentile

-42%

Higher net margin than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

15th percentile

-30%

Faster asset growth than 15% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-27%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$459,732

Down $193,277 (-30%) from 2017

Net Assets

Down

$387,806

Down $168,240 (-30%) from 2017

Liabilities

Down

$71,926

Down $25,037 (-26%) from 2017

Revenue

Down

$470,025

Down $176,270 (-27%) from 2017

Expenses

Up

$668,763

Up $11,291 (+1.7%) from 2017

Net Income

Down

-$198,738

Down $187,561 (-1678%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $932,858Liabilities 2011: $45,739Net Assets 2011: $887,1192011Assets 2012: $1,003,858Liabilities 2012: $51,356Net Assets 2012: $952,5022012Assets 2013: $947,245Liabilities 2013: $29,312Net Assets 2013: $917,9332013Assets 2014: $866,121Liabilities 2014: $39,474Net Assets 2014: $826,6472014Assets 2015: $692,763Liabilities 2015: $37,871Net Assets 2015: $654,8922015Assets 2016: $620,543Liabilities 2016: $53,320Net Assets 2016: $567,2232016Assets 2017: $653,009Liabilities 2017: $96,963Net Assets 2017: $556,0462017Assets 2018: $459,732Liabilities 2018: $71,926Net Assets 2018: $387,8062018Assets 2019: $32,259Liabilities 2019: $0Net Assets 2019: $32,2592019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2018

Assets$459,732
Liabilities$71,926
Net Assets$387,806

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $539,017Expenses 2011: $472,796Net Income 2011: $66,2212011Revenue 2012: $584,929Expenses 2012: $519,546Net Income 2012: $65,3832012Revenue 2013: $590,431Expenses 2013: $625,000Net Income 2013: -$34,5692013Revenue 2014: $527,044Expenses 2014: $618,330Net Income 2014: -$91,2862014Revenue 2015: $440,161Expenses 2015: $611,916Net Income 2015: -$171,7552015Revenue 2016: $502,386Expenses 2016: $590,055Net Income 2016: -$87,6692016Revenue 2017: $646,295Expenses 2017: $657,472Net Income 2017: -$11,1772017Revenue 2018: $470,025Expenses 2018: $668,763Net Income 2018: -$198,7382018Revenue 2019: $96Expenses 2019: $355,643Net Income 2019: -$355,5472019Revenue 2020: $0Expenses 2020: $32,259Net Income 2020: -$32,2592020

Highlighted filing

2018

Revenue$470,025
Expenses$668,763
Net Income-$198,738
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$470,025
Mission and Program Overview

Mission

Educational training programs in the construction industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$472,092$355,316▼ $116,776
Cash and Non-Interest-Bearing Accounts$116,655$45,593▼ $71,062
Land, Buildings, and Equipment, Net$47,843$39,235▼ $8,608
Prepaid Expenses and Deferred Charges$16,419--
Accounts Receivable-$12,260-
Total Assets$653,009$459,732▼ $193,277
Other Assets Total$0$7,328▲ $7,328
Liabilities
Other Liabilities$77,102$0▼ $77,102
Accounts Payable and Accrued Expenses$19,861$71,926▲ $52,065
Total Liabilities$96,963$71,926▼ $25,037
Net Assets / Fund Balance
Unrestricted Net Assets$556,046$387,806▼ $168,240
Total Net Assets Fund Balance$556,046$387,806▼ $168,240
Total Liabilities and Net Assets / Fund Balance$653,009$459,732▼ $193,277

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,515$101,524$116,039
Buildings$24,720$21,491$46,211
Other Land Buildings$0$44,423$44,423
Compensation and Service Providers

Board Members and Trustees

NameTitle
Colin MccarthyTrustee
Hugh MeadowsTrustee
Jim CoffeyTrustee
Shawn StaufferTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$47,167
Program Service Revenue
$422,146
Investment Income
$712
Other Revenue
$0
Change in Net Assets
$-198,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$470,025
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$470,025
Total Revenue per Form 990
$470,025
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$516,119
Salaries, Compensation, and Employee Benefits$152,644
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$152,624$38,157-$190,781
Other Salaries and Wages$87,843$21,961-$109,804
Office Expenses$45,365$11,339-$56,704
Fees for Services Legal-$55,668-$55,668
Payroll Taxes$32,788$6,693-$39,481
All Other Expenses$18,129$2,266-$20,395
Fees for Services Accounting-$14,653-$14,653
Depreciation Depletion$10,886$2,722-$13,608
Insurance$10,835$2,709-$13,544
Information Technology$6,672$1,669-$8,341
Other Expenses$4,171--$4,171
Fees for Services Other-$3,583-$3,583
Other Employee Benefits$2,687$672-$3,359
Advertising$1,783--$1,783
Total Functional Expenses$506,671$162,092$0$668,763

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$668,763
Total Expenses per Audited Statements$668,763
Total Expenses per Form 990$668,763
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
Yes
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, Section A, Line 4

The trust agreement was amended on november 29, 2018 to identify a new erisa plan sponsor and change the number of trustees.

Form 990, Part VI, Section B, Line 11B

After completion of the annual audit, information is provided to the tax professionals by the organization. The tax professionals prepare the form 990. It is reviewed by management and properly filed.

Form 990, Part VI, Section B, Line 12C

An annual questionnaire is provided to the members of the board to disclose any conflicts of interest. If a transaction arises where there is a conflict of interest, the person with such conflict is not allowed to vote on the transaction.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available for the public upon request.

Filing and Contact Details

Filer

Filer Name
Los Angeles Ventura Chapter Abc Training
EIN
95-4650219
Phone
8188982099
Address
12979 ARROYO AVE, SAN FERNANDO, CA 91340

Signing Officer

Name
Dennis Schwartz
Title
Director of Finance
Phone
8188982099
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shawn Stauffer
Formed
1997
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Moss Adams Llp
Address
4747 EXECUTIVE DR SUITE 1300, SAN DIEGO, CA 92121
Preparer
Jane Coleman
Phone
8586271400
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A:

The organization reimburses its related party for employee compensation.

Financial Statement Notes

PART X, LINE 2:

The plan follows asc 740-10 in accounting for uncertainty in income taxes. Management evaluated the plan's tax positions and concluded that the plan had maintained its tax-exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the financial statements. The plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt024720
IRS990ScheduleD/BuildingsGrp/DepreciationAmt021491
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt046211
IRS990ScheduleD/EquipmentGrp/BookValueAmt014515
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0101524
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0116039
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0668763
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt044423
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt044423
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0470025
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PLAN FOLLOWS ASC 740-10 IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE PLAN'S TAX POSITIONS AND CONCLUDED THAT THE PLAN HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt039235
IRS990ScheduleD/TotalExpensesPerForm990Amt0668763
IRS990ScheduleD/TotalRevenuePerForm990Amt0470025
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0470025
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0668763
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST AGREEMENT WAS AMENDED ON NOVEMBER 29, 2018 TO IDENTIFY A NEW ERISA PLAN SPONSOR AND CHANGE THE NUMBER OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFTER COMPLETION OF THE ANNUAL AUDIT, INFORMATION IS PROVIDED TO THE TAX PROFESSIONALS BY THE ORGANIZATION. THE TAX PROFESSIONALS PREPARE THE FORM 990. IT IS REVIEWED BY MANAGEMENT AND PROPERLY FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ANNUAL QUESTIONNAIRE IS PROVIDED TO THE MEMBERS OF THE BOARD TO DISCLOSE ANY CONFLICTS OF INTEREST. IF A TRANSACTION ARISES WHERE THERE IS A CONFLICT OF INTEREST, THE PERSON WITH SUCH CONFLICT IS NOT ALLOWED TO VOTE ON THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REIMBURSES ITS RELATED PARTY FOR EMPLOYEE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART V, LINE 2A:
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ASSOCIATED BUILDERS AND CONTRACTORS OF LOS ANGELES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0954365229
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORT INDEPENDENT CONTRACTORS AND SUPPLIERS IN THE CONSTRUCTION INDUSTRY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0609 EIGHT STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAN FERNANDO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd091340
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt00
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ASSOCIATED BUILDERS AND CONTRACTORS OF LOS ANGELES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToProxyTaxInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/BOYAmt0653009
IRS990/TotalAssetsGrp/EOYAmt0459732
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt047167
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0162092
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0506671
IRS990/TotalFunctionalExpensesGrp/TotalAmt0668763
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/BOYAmt096963
IRS990/TotalLiabilitiesGrp/EOYAmt071926
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0556046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0387806
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0712
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0470025
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
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IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0556046
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0387806
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012979 ARROYO AVE
IRS990/USAddress/CityNm0SAN FERNANDO
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd091340
IRS990/VotingMembersGoverningBodyCnt04

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