Civic Intelligence

Malibu Agricultural Project'S Cornucopia Farms

990 • Fiscal year 2017 • EIN 95-4701357

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

30765 Pacific Coast HwyMalibu, CA 90265

(310) 457-9107

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

97th percentile

$75,000

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 33.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

72nd percentile

21%

Faster asset growth than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$103,957

Up $17,695 (+21%) from 2016

Net Assets

Up

$89,971

Up $27,518 (+44%) from 2016

Liabilities

Down

$13,986

Down $9,823 (-41%) from 2016

Revenue

Up

$222,838

Up $46,451 (+26%) from 2016

Expenses

Down

$195,320

Down $26,736 (-12%) from 2016

Net Income

Up

$27,518

Up $73,187 (+160%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $55,615Liabilities 2010: $12,914Net Assets 2010: $42,7012010Assets 2011: $96,142Liabilities 2011: $3,932Net Assets 2011: $92,2102011Assets 2012: $69,723Liabilities 2012: $10,977Net Assets 2012: $58,7462012Assets 2013: $89,292Liabilities 2013: $14,778Net Assets 2013: $74,5142013Assets 2014: $131,770Liabilities 2014: $19,159Net Assets 2014: $112,6112014Assets 2015: $120,497Liabilities 2015: $12,375Net Assets 2015: $108,1222015Assets 2016: $86,262Liabilities 2016: $23,809Net Assets 2016: $62,4532016Assets 2017: $103,957Liabilities 2017: $13,986Net Assets 2017: $89,9712017Assets 2018: $73,671Liabilities 2018: $24,234Net Assets 2018: $49,4372018Assets 2019: $41,713Liabilities 2019: $8,374Net Assets 2019: $33,3392019Assets 2020: $25,991Liabilities 2020: $298Net Assets 2020: $25,6932020Assets 2021: $88,872Liabilities 2021: $9,630Net Assets 2021: $79,2422021Assets 2022: $87,992Liabilities 2022: $2,588Net Assets 2022: $85,4042022Assets 2023: $161,076Liabilities 2023: $14,317Net Assets 2023: $146,7592023Assets 2024: $151,248Liabilities 2024: $1,253Net Assets 2024: $149,9952024

Highlighted filing

2017

Assets$103,957
Liabilities$13,986
Net Assets$89,971

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $111,870Expenses 2010: $69,505Net Income 2010: $42,3652010Revenue 2011: $148,703Expenses 2011: $99,194Net Income 2011: $49,5092011Revenue 2012: $160,118Expenses 2012: $193,582Net Income 2012: -$33,4642012Revenue 2013: $205,660Expenses 2013: $189,892Net Income 2013: $15,7682013Revenue 2014: $225,916Expenses 2014: $187,819Net Income 2014: $38,0972014Revenue 2015: $193,055Expenses 2015: $197,544Net Income 2015: -$4,4892015Revenue 2016: $176,387Expenses 2016: $222,056Net Income 2016: -$45,6692016Revenue 2017: $222,838Expenses 2017: $195,320Net Income 2017: $27,5182017Revenue 2018: $164,298Expenses 2018: $186,313Net Income 2018: -$22,0152018Revenue 2019: $162,400Expenses 2019: $178,498Net Income 2019: -$16,0982019Revenue 2020: $159,637Expenses 2020: $167,283Net Income 2020: -$7,6462020Revenue 2021: $165,501Expenses 2021: $111,952Net Income 2021: $53,5492021Revenue 2022: $142,571Expenses 2022: $137,313Net Income 2022: $5,2582022Revenue 2023: $213,370Expenses 2023: $152,014Net Income 2023: $61,3562023Revenue 2024: $245,656Expenses 2024: $242,421Net Income 2024: $3,2352024

Highlighted filing

2017

Revenue$222,838
Expenses$195,320
Net Income$27,518
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$222,838
Mission and Program Overview

Mission

Educational and scientific activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$83,824$102,820▲ $18,996
Land, Buildings, and Equipment, Net$2,438$1,137▼ $1,301
Loans From Officers Directors$390$390→ $0
Savings and Temporary Cash Investments-$0-
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$86,262$103,957▲ $17,695
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$23,419$13,596▼ $9,823
Total Liabilities$23,809$13,986▼ $9,823
Net Assets / Fund Balance
Unrestricted Net Assets$62,453$89,971▲ $27,518
Total Net Assets Fund Balance$62,453$89,971▲ $27,518
Total Liabilities and Net Assets / Fund Balance$86,262$103,957▲ $17,695

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,137$31,408$32,545
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debra BiancoPresidentFT$75,000$75,000

Board Members and Trustees

NameTitle
REMY O'NEILLVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$10,232
Program Service Revenue
$212,606
Investment Income
$0
Other Revenue
$0
All Other Contributions
$10,232
Change in Net Assets
$27,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$106,999
Other Expenses$84,971
Grants and Similar Amounts Paid$3,350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$56,250$18,750-$75,000
Other Salaries and Wages$12,711$6,250-$18,961
All Other Expenses$12,008$5,465-$17,473
Advertising$10,406--$10,406
Office Expenses$410$9,103-$9,513
Payroll Taxes$6,111$2,037-$8,148
Other Expenses$7,391$6,172-$7,391
Other Employee Benefits$3,668$1,222-$4,890
Insurance$4,462--$4,462
Grants to Domestic Individuals$3,350--$3,350
Depreciation Depletion-$1,301-$1,301
Travel-$1,171-$1,171
Fees for Services Accounting-$902-$902
Total Functional Expenses$139,106$56,214$0$195,320
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
Loans from Officers, Directors, Trustees, and Key Employees$390$390→ $0
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
No
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
No
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

No review was or will be conducted.

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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Malibu Agricultural Projects
EIN
95-4701357
Phone
3104579107
Address
30765 PACIFIC COAST HWY, MALIBU, CA 90265

Signing Officer

Name
Debra Bianco
Title
President
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
CA
Voting Board Members
2
Independent Board Members
0
Employees
7

Preparer

Firm
Barmache and Alford Llp
Address
4035 E THOUSAND OAKS BLVD STE 232, Westlake Village, CA 91362-3633
Preparer
Randy Barmache CPA
Phone
8053717898
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0225916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0205660
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01026977
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01137
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031408
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt032545
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01137
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
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/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt086262
IRS990/TotalAssetsEOYAmt0103957
IRS990/TotalAssetsGrp/BOYAmt086262
IRS990/TotalAssetsGrp/EOYAmt0103957
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010232
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056214
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0139106
IRS990/TotalFunctionalExpensesGrp/TotalAmt0195320
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023809
IRS990/TotalLiabilitiesEOYAmt013986
IRS990/TotalLiabilitiesGrp/BOYAmt023809
IRS990/TotalLiabilitiesGrp/EOYAmt013986
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt062453
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt089971
IRS990/TotalProgramServiceExpensesAmt0139106
IRS990/TotalProgramServiceRevenueAmt0212606
IRS990/TotalReportableCompFromOrgAmt075000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0212606
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0222838
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt086262
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0103957
IRS990/TravelGrp/ManagementAndGeneralAmt01171
IRS990/TravelGrp/TotalAmt01171
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt062453
IRS990/UnrestrictedNetAssetsGrp/EOYAmt089971
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBRA BIANCO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MALIBU AGRICULTURAL PROJECTS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORNUCOPIA FARMS
ReturnHeader/Filer/BusinessNameControlTxt0MALI
ReturnHeader/Filer/EIN0954701357
ReturnHeader/Filer/PhoneNum03104579107
ReturnHeader/Filer/USAddress/AddressLine1Txt030765 PACIFIC COAST HWY
ReturnHeader/Filer/USAddress/CityNm0MALIBU
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090265
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270814927
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARMACHE AND ALFORD LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04035 E THOUSAND OAKS BLVD STE 232
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Westlake Village
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0913623633
ReturnHeader/PreparerPersonGrp/PhoneNum08053717898
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDY BARMACHE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T15:59:09-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.01$1.50$2.46$2.42$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.14$1.47$2.13$1.52$0.61
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.03$0.85$1.43$1.37$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.10$0.79$1.66$1.12$0.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$1.60$1.67$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.08$0.33$1.62$1.78$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.24$0.49$1.64$1.86$0.22
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.14$0.90$2.23$1.95$0.28
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.24$0.62$1.76$2.22$0.46
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.12$1.08$1.93$1.98$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.19$1.13$2.26$1.88$0.38
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.15$0.75$2.06$1.90$0.16
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.11$0.59$1.60$1.94$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.04$0.92$1.49$0.99$0.50
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.13$0.43$1.12$0.70$0.42