Civic Intelligence

Kingdomworks Sdg Foundation

990 • Fiscal year 2019 • EIN 95-4714898

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 15, 2020

11100 Santa Monica Blvd 600Los Angeles, CA 90025

(310) 806-4000

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

7th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

87th percentile

28%

Faster asset growth than 87% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

99%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,296,017

Up $1,157,123 (+28%) from 2018

Net Assets

Up

$5,296,017

Up $1,157,123 (+28%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$924,101

Up $458,579 (+99%) from 2018

Expenses

Down

$450,839

Down $4,076 (-0.9%) from 2018

Net Income

Up

$473,262

Up $462,655 (+4362%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,822,683Liabilities 2010: $0Net Assets 2010: $3,822,6832010Assets 2011: $3,314,990Liabilities 2011: $0Net Assets 2011: $3,314,9902011Assets 2012: $3,672,849Liabilities 2012: $0Net Assets 2012: $3,672,8492012Assets 2013: $4,125,142Liabilities 2013: $0Net Assets 2013: $4,125,1422013Assets 2014: $4,593,322Liabilities 2014: $0Net Assets 2014: $4,593,3222014Assets 2015: $4,049,582Liabilities 2015: $0Net Assets 2015: $4,049,5822015Assets 2016: $4,196,106Liabilities 2016: $0Net Assets 2016: $4,196,1062016Assets 2017: $4,450,974Liabilities 2017: $1,000Net Assets 2017: $4,449,9742017Assets 2018: $4,138,894Liabilities 2018: $0Net Assets 2018: $4,138,8942018Assets 2019: $5,296,017Liabilities 2019: $0Net Assets 2019: $5,296,0172019Assets 2020: $6,287,812Liabilities 2020: $0Net Assets 2020: $6,287,8122020Assets 2021: $7,596,385Liabilities 2021: $0Net Assets 2021: $7,596,3852021Assets 2022: $6,100,986Liabilities 2022: $0Net Assets 2022: $6,100,9862022Assets 2023: $6,287,182Liabilities 2023: $0Net Assets 2023: $6,287,1822023Assets 2024: $6,411,109Liabilities 2024: $0Net Assets 2024: $6,411,1092024

Highlighted filing

2019

Assets$5,296,017
Liabilities$0
Net Assets$5,296,017

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $301,6852010Expenses 2011: $301,3542011Expenses 2012: $277,6042012Revenue 2013: $493,793Expenses 2013: $294,273Net Income 2013: $199,5202013Revenue 2014: $1,557,551Expenses 2014: $334,358Net Income 2014: $1,223,1932014Revenue 2015: $566,557Expenses 2015: $304,601Net Income 2015: $261,9562015Revenue 2016: $493,788Expenses 2016: $332,536Net Income 2016: $161,2522016Revenue 2017: $343,643Expenses 2017: $326,437Net Income 2017: $17,2062017Revenue 2018: $465,522Expenses 2018: $454,915Net Income 2018: $10,6072018Revenue 2019: $924,101Expenses 2019: $450,839Net Income 2019: $473,2622019Revenue 2020: $556,297Expenses 2020: $698,498Net Income 2020: -$142,2012020Revenue 2021: $847,666Expenses 2021: $595,711Net Income 2021: $251,9552021Revenue 2022: $595,517Expenses 2022: $628,052Net Income 2022: -$32,5352022Revenue 2023: $894,259Expenses 2023: $785,365Net Income 2023: $108,8942023Revenue 2024: $1,351,844Expenses 2024: $1,132,942Net Income 2024: $218,9022024

Highlighted filing

2019

Revenue$924,101
Expenses$450,839
Net Income$473,262
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 15, 2020
Return Version
2019v5.1
Gross Receipts
$2,964,716
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,138,894$5,296,017▲ $1,157,123
Investments in Publicly Traded Securities$3,213,319$3,163,084▼ $50,235
Savings and Temporary Cash Investments$129,541$187,454▲ $57,913
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$4,138,894$5,296,017▲ $1,157,123
Other Assets Total$796,034$1,945,479▲ $1,149,445
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,138,894$5,296,017▲ $1,157,123
Total Liabilities and Net Assets / Fund Balance$4,138,894$5,296,017▲ $1,157,123

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$18,001--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carl V LabarberaPresident, Other Trustee
Alvin SandersManaging Trustee
Larry AcostaManaging Trustee
Revelle R LabarberaOther Trustee
Robin L LabarberaSecretary, Other Trustee
Kenneth J AndersonTreasurer, Managing Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$301,573
Program Service Revenue
$2,000
Investment Income
$620,528
Other Revenue
$0
All Other Contributions
$301,573
Change in Net Assets
$473,262

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$301,573Avg Hi/lo
Total Noncash Contributions2$301,573-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$367,000
Other Expenses$83,839
Total Fundraising Expense$1
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$367,000--$367,000
Other Expenses-$29,933-$29,933
Fees for Service Investment Mgmnt Fees-$18,670-$18,670
Conferences and Meetings$15,106--$15,106
Fees for Services Accounting-$10,300-$10,300
Travel$7,729--$7,729
Insurance-$842-$842
Fees for Services Legal-$583-$583
Interest-$82-$82
All Other Expenses-$10$1$11
Total Functional Expenses$389,835$61,003$1$450,839
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
World ImpactLos Angeles, CA3Financial Support and Home Building$257,000
Urban Youth Workers InstituteSanta Ana, CA3Leadership Training$25,000
Grace ChurchPalo Alto, CA3Leadership Training$10,000
Loyola High SchoolLos Angeles, CA3Home Building$10,000
National Christian FoundationAlpharetta, GA3Leadership Training$10,000
Opportunity SchoolsSeattle, WA3Financial Support$10,000
Youth With a MissionMadison, WI3Home Building$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Aspiriant Llckenneth J AndersonTreasurerProfessional FeesNo$28,970

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $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 35% controlled entity
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
Filing and Contact Details

Filer

Filer Name
Kingdomworks Sdg Foundation
EIN
95-4714898
In Care Of
% ASPIRIANT LLC
Phone
3108064000
Address
11100 SANTA MONICA BLVD 600, LOS ANGELES, CA 90025

Signing Officer

Name
Carl V Labarbera
Title
President
Phone
3108064000
Signed
2020-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carl V Labarbera
Formed
1998
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
3
Employees
0

Preparer

Firm
Aspiriant LLC
Address
11100 SANTA MONICA BLVD 600, LOS ANGELES, CA 90025
Preparer
Menka Singh
Phone
3108064000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

THIS TRUST IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE,RELIGIOUS, AND EDUCATIONAL PURPOSES WHICH MEET THE REQUIREMENTS FOR EXEMPTION AND WHICH CONSTITUTE PUBLIC CHARITABLE PURPOSES UNDER STATE LAW BY CONDUCTING AND SUPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS, AND/OR TO CARRY OUT THE PURPOSES (COLLECTIVELY THE "QUALIFIED PURPOSES") OF THE CLASS OF ORGANIZATIONS ("QUALIFIED ORGANIZATIONS")ORGANIZED UNDER SECTIONS 501(C)(3), 509(A)(1), AND 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986. THIS TRUST SHALL BE SUPERVISED OR CONTROLLED IN CONNECTION WITH ONE OR MORE QUALIFIED ORGANIZATIONS WITHIN THE SUPPORTED CLASS. ORGNIZATIONS WHICH SUPPORT, PROMOTE AND/OR PERFORM EDUCATIONAL AND/OR CHRISTIAN OBJECTIVES, INCLUDING BUT NOT LIMITED TO CHRISTIAN EVANGELISM, ACTS OF SERVICE, EDIFICATION AND STEWARDSHIP (ALL OF SUCH ORGANIZATIONS COLLECTIVELY BEING THE "SUPPORTED CLASS"). WITHIN THE SUPPORTED CLASS, THE TRUST MAY SUBSTITUTE QUALIFIED ORGANIZATIONS, BENEFIT NEW OR ADDITIONAL QUALIFIED ORGANIZATIONS, AND VARY THE AMOUNT OF ITS SUPPORT AMONG QUALIFIED ORGANIZATIONS, IN ANY MANNER CONSISTENT WITH TREASURY REGULATIONS AND INTERNAL REVENUE SERVICE PRONOUNCEMENTS. The Trusts Managing Trustees are also officers and/or directors of charitable organizations that are supported by the Trust. Alvin Sanders is President of World Impact Inc., Larry Acosta is President of Hispanic Ministry Center Inc. DBA Urban Youth Workers Institute, and Ken Anderson is a lay leader at the Church at Rocky Peak. FORM 990, PART VI, LINE 2 - RELATED PARTY INFORMATION AMONG OFFICERS ROBIN L. LABARBERA CARL V. LABARBERA SECRETARY PRESIDENT SPOUSE KENNETH J. ANDERSON CARL V. LABARBERA TREASURER PRESIDENT FINANCIAL ADVISOR KENNETH J. ANDERSON ROBIN L. LABARBERA TREASURER SECRETARY FINANCIAL ADVISOR FORM 990, PART VI, LINE 9 - OFFICERS WHO CANNOT BE REACHED Alvin Sanders 11100 Santa Monica Blvd. #600 Los Angeles, CA 92618 LARRY ACOSTA 2321 E. 4TH STREET, SUITE C607 SANTA ANA, CA 92705 FORM 990, PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 A COPY OF THE FORM 990 IS DISTRIBUTED TO AND REVIEWED BY ALL TRUSTEES BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY THE OFFICERS ARE PROVIDED ON AN ANNUAL BASIS WITH A CONFLICT OF INTEREST CHECKLIST IN ORDER TO ENSURE THAT THEY ARE IN COMPLIANCE. EACH OFFICER VERIFIES THEIR COMPLIANCE/NONCOMPLIANCE WITH THEIR SIGNATURE. FORM 990, PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL NOT APPLICABLE: NO COMPENSATION HAS BEEN PAID IN 2019. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS NOT APPLICABLE: NO COMPENSATION HAS BEEN PAID IN 2019. FORM 990, PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 - OTHER CHANGES IN NET ASSETS EXPLANATION CHANGE IN UNREALIZED GAIN(LOSS) ON INVESTMENTS $118,836 TOTAL $118,836

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IRS990/OtherExpensesGrp/Desc1ATTORNEY GENERAL
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IRS990/OtherExpensesGrp/Desc3LEGACY VENTURE VII - PORT. DED
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Trust provides financial support for 501 (c) (3) organizations that provide homes for the poor in Mexico and Latin America. The Trust funded homes, in partnership with World Impact, in the amount of $7,000. The Trust also funded YWAM $10,000, Loyola High School $10,000, Power Ministry $5000, Spectrum Ministries $2000, Rocky Peak Church $5,000, Parkcrest Church $3,000, all in support of home building projects for the poor in Mexico and Latin America.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Trust provides financial support for organizations that provide Leadership Development, compassion ministry and Christian Evangelism. $10,000 funded Grace Brethren Church Long Beach. Wycliffe Bible Translators received $3,000 for its bible translation work. $2000 supported the Govern for Impact Association. $10,000 was gifted to the National Christian Foundation to support various ministries in this category. The Trust also provided grants to organizations that provide Christian and Values Based Education. Westmont College received $5,000 and Biola University $5,000 to fund under-represented students, as administered through their own scholarship programs. The Opportunity Schools received $10,000 for its work in teaching children with learning differences. CSULB 49er Foundation received $5000 in support of its Ethics programming. The Trusts Managing Trustees are also officers and/or directors of charitable organizations that are supported by the Trust. Alvin Sanders is President of World Impact Inc., Larry Acosta is President of Hispanic Ministry Center Inc. DBA Urban Youth Workers Institute, and Ken Anderson is a lay leader at the Church at Rocky Peak. Other Trustees serve on the boards of our supported organizations. Carl LaBarbera is Chairman of World Impact, and Robin LaBarbera is Secretary of Opportunity Schools.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0TRAVEL
IRS990/ProgSrvcAccomActyOtherGrp/Desc1CONFERENCES,CONVENTIONS, AND MEETINGS
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PART IV, SECTION A, LINE 1 - SUPPORTED ORGANIZATIONS NOT LISTED BY NAME THIS TRUST IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES WHICH MEET THE REQUIREMENTS FOR EXEMPTION AND WHICH CONSTITUTE PUBLIC CHARITABLE PURPOSES UNDER STATE LAW BY CONDUCTING AND SUPPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS, AND/OR TO CARRY OUT THE PURPOSES (COLLECTIVELY THE "QUALIFIED PURPOSES") OF THE CLASS OF ORGANIZATIONS ("QUALIFIED ORGANIZATIONS") ORGANIZED UNDER SECTIONS 501(C)(3), 509(A)(1), AND 509(A)(2) OF THE INTERNAL REVENUE CODE OF 1986. PART IV, SECTION C, LINE 1 - HOW MANAGEMENT WAS VESTED THREE OF THE TRUST'S MANAGING TRUSTEES, WHICH REPRESENT A MAJORITY OF THE FOUNDATION'S VOTING CONTROL, ARE ALSO OFFICERS AND/OR DIRECTORS OF CHARITABLE ORGANIZATIONS THAT ARE SUPPORTED BY THE TRUST. ALVIN SANDERS IS PRESIDENT OF WORLD INPACT INC., LARRY ACOSTA IS PRESIDENT OF HISPANIC MINISTRY CENTER INC. DBA URBAN YOUTH WORKERS INSTITUTE, AND KEN ANDERSON IS A LAY LEADER AT THE CHURCH AT ROCKY PEAK.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1 AND PART IV, SECTION C, LINE 1
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.41$0.00$6.41$1.35$1.13$0.22
2023Detailed filing. Detailed filing data is available for this year.$6.29$0.00$6.29$0.89$0.79$0.11
2022Detailed filing. Detailed filing data is available for this year.$6.10$0.00$6.10$0.60$0.63$0.03
2021Detailed filing. Detailed filing data is available for this year.$7.60$0.00$7.60$0.85$0.60$0.25
2020Detailed filing. Detailed filing data is available for this year.$6.29$0.00$6.29$0.56$0.70$0.14
2019Detailed filing. Detailed filing data is available for this year.$5.30$0.00$5.30$0.92$0.45$0.47
2018Detailed filing. Detailed filing data is available for this year.$4.14$0.00$4.14$0.47$0.45$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.45$0.00$4.45$0.34$0.33$0.02
2016Detailed filing. Detailed filing data is available for this year.$4.20$0.00$4.20$0.49$0.33$0.16
2015Detailed filing. Detailed filing data is available for this year.$4.05$0.00$4.05$0.57$0.30$0.26
2014Detailed filing. Detailed filing data is available for this year.$4.59$0.00$4.59$1.56$0.33$1.22
2013Detailed filing. Detailed filing data is available for this year.$4.13$0.00$4.13$0.49$0.29$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$0.00$3.67$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.31$0.00$3.31$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.82$0.00$3.82$0.30