Civic Intelligence

Founders Academy

990 • Fiscal year 2017 • EIN 95-4733811

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileWWW.FOUNDERSACADEMY.ORG
C/O Papile 9000 W Sunset BlvdWest Hollywood, CA 90069

(800) 283-3921

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $3,131 (-100%) from 2016

Net Assets

Down

$0

Down $3,131 (-100%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2016

Expenses

Up

$3,131

Up $3,131 from 2016

Net Income

Down

-$3,131

Down $3,131 from 2016

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$20K$15K$10K$5.0K$0Assets 2010: $17,524Liabilities 2010: $0Net Assets 2010: $17,5242010Assets 2011: $801Liabilities 2011: $0Net Assets 2011: $8012011Assets 2012: $811Liabilities 2012: $0Net Assets 2012: $8112012Assets 2013: $111Liabilities 2013: $0Net Assets 2013: $1112013Assets 2014: $3,131Liabilities 2014: $0Net Assets 2014: $3,1312014Assets 2015: $3,131Liabilities 2015: $0Net Assets 2015: $3,1312015Assets 2016: $3,131Liabilities 2016: $0Net Assets 2016: $3,1312016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0-$10KExpenses 2010: $5102010Expenses 2011: $16,7232011Expenses 2012: $02012Revenue 2013: $0Expenses 2013: $700Net Income 2013: -$7002013Revenue 2014: $23,020Expenses 2014: $20,000Net Income 2014: $3,0202014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $3,131Net Income 2017: -$3,1312017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022

Highlighted filing

2017

Revenue$0
Expenses$3,131
Net Income-$3,131
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$0
Mission and Program Overview

Mission

Founders academy serves teenaged children (13 to 18) of recovering addicts in south central los angeles, watts and comption in los angeles county, california. Founders academy believes that education is both an entitlement and an obligation of all citizens. It strives to be a place where the optimum human condition is identified, modeled and embraced by all. It seeks to fulfill its commitment to the education, character and life of each student and his/her family.its programs support adult literacy, self-sufficiency, guidance for foster children who are aging out of services, and high school and college preparedness traning through after-school supplements, tutoring, mentoring, parent counseling, life skills training, school placement consultancy, and scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,131$0▼ $3,131
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,131$0▼ $3,131
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$3,131--
Total Net Assets Fund Balance$3,131$0▼ $3,131
Total Liabilities and Net Assets / Fund Balance$3,131$0▼ $3,131
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Diane LouieExecutive Direc
Diane LouieSecretary
Diane LouieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-3,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,131
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$3,131--$3,131
Total Functional Expenses$3,131$0$0$3,131
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
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
No
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

“Documents available upon request.”

Filing and Contact Details

Filer

Filer Name
Founders Academy
EIN
95-4733811
Phone
8002833921
Address
C/O PAPILE 9000 W SUNSET BLVD, WEST HOLLYWOOD, CA 90069

Signing Officer

Name
Diane Louie
Title
Executive Director
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Papile Accountancy Inc
Address
9000 Sunset Blvd Suite 709, West Hollywood, CA 90069
Preparer
Paul Papile
Phone
3102482660
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954818579
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Papile Accountancy Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09000 Sunset Blvd Suite 709
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0West Hollywood
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090069
ReturnHeader/PreparerPersonGrp/PhoneNum03102482660
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL PAPILE
ReturnHeader/ReturnTs02018-11-14T16:31:18-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$3,131
Net income
-$3,131
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$3.13$3.13
2016Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$23.0$20.0$3.02
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.00$0.70$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.81$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$16.7
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$0.00$17.5$0.51