Civic Intelligence

The Catholic News Inc

EIN 95-4866279 • 501(c)3 • Los Angeles, CA

Profile

Operation of the entity is exclusively for religious purposes within the meaning of Section 501(c)(3) of the internal Revenue code.

1502 Crenshaw BlvdLos Angeles, CA 90019

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

17th percentile

-61%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

384%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$3,630

Down $5,743 (-61%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$3,630

Down $5,743 (-61%) from 2018

Operations
Liabilities / Revenue62nd percentileNet Margin76th percentile

Revenue

Up

$16,182

Up $12,842 (+384%) from 2018

Expenses

Up

$12,676

Up $9,266 (+272%) from 2018

Net Income

Up

$3,506

Up $3,576 (+5109%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2010: $66,300Liabilities 2010: $20Net Assets 2010: $66,2802010Assets 2011: $62,341Net Assets 2011: $62,3412011Assets 2012: $54,788Liabilities 2012: $260Net Assets 2012: $54,5282012Assets 2013: $30,728Liabilities 2013: $1,016Net Assets 2013: $29,7122013Assets 2014: $35,092Liabilities 2014: $0Net Assets 2014: $35,0922014Assets 2015: $21,030Liabilities 2015: $0Net Assets 2015: $21,0302015Assets 2016: $12,219Liabilities 2016: $0Net Assets 2016: $12,2192016Assets 2017: $9,443Liabilities 2017: $0Net Assets 2017: $9,4432017Assets 2018: $9,373Liabilities 2018: $0Net Assets 2018: $9,3732018Assets 2019: $3,630Liabilities 2019: $0Net Assets 2019: $3,6302019

Highlighted filing

2019

Assets$3,630
Liabilities$0
Net Assets$3,630
Open 2019 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2010: $87,421Expenses 2010: $33,473Net Income 2010: $53,9482010Revenue 2011: $65,744Expenses 2011: $69,683Net Income 2011: -$3,9392011Revenue 2012: $62,094Expenses 2012: $69,907Net Income 2012: -$7,8132012Revenue 2013: $37,071Expenses 2013: $61,887Net Income 2013: -$24,8162013Revenue 2014: $50,976Expenses 2014: $45,596Net Income 2014: $5,3802014Revenue 2015: $10,915Expenses 2015: $24,977Net Income 2015: -$14,0622015Revenue 2016: $6,899Expenses 2016: $15,710Net Income 2016: -$8,8112016Revenue 2017: $6,878Expenses 2017: $9,654Net Income 2017: -$2,7762017Revenue 2018: $3,340Expenses 2018: $3,410Net Income 2018: -$702018Revenue 2019: $16,182Expenses 2019: $12,676Net Income 2019: $3,5062019

Highlighted filing

2019

Revenue$16,182
Expenses$12,676
Net Income$3,506
Open 2019 Filing

Filings

Most recent year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,630
Liabilities
$0
Net assets
$3,630
Revenue
$16,182
Expenses
$12,676
Net income
$3,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$16.2$12.7$3.51
2018Detailed filing. Detailed filing data is available for this year.$9.37$0.00$9.37$3.34$3.41$0.07
2017Detailed filing. Detailed filing data is available for this year.$9.44$0.00$9.44$6.88$9.65$2.78
2016Detailed filing. Detailed filing data is available for this year.$12.2$0.00$12.2$6.90$15.7$8.81
2015Detailed filing. Detailed filing data is available for this year.$21.0$0.00$21.0$10.9$25.0$14.1
2014Detailed filing. Detailed filing data is available for this year.$35.1$0.00$35.1$51.0$45.6$5.38
2013Detailed filing. Detailed filing data is available for this year.$30.7$1.02$29.7$37.1$61.9$24.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.8$0.26$54.5$62.1$69.9$7.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.3$62.3$65.7$69.7$3.94
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.3$0.02$66.3$87.4$33.5$53.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 5, 2020
Return Version
2019v5.0
Gross Receipts
$16,182
Mission and Program Overview

Mission

Operation of the entity is exclusively for religious purposes within the meaning of Section 501(c)(3) of the internal Revenue code.

See Schedule O

Program Services

DescriptionGrantsExpenses
This entity purchases religious newspapers with donations and distributes them to missionaries and poor neighbors.$16,182$9,817
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Young Tark LeeCEO-$0--
Myung Jin JeongSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Catholic News Inc
EIN
95-4866279
Phone
3237350505
Address
1502 Crenshaw Blvd, Los Angeles, CA 90019

Signing Officer

Name
Young Tark Lee
Title
CEO
Signed
2020-03-05
Discuss with paid preparer
No

Preparer

Preparer
Charles Jeong
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity Donation, Grantee Many People, Cash Grant 9,817, Relationship”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 746”

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 393”

Form 990-EZ, Part I, Line 16, Other Expenses

“Advertisement 110”

Form 990-EZ, Part I, Line 16, Other Expenses

“Automobile Expense 292”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank Service Charge 33”

Form 990-EZ, Part I, Line 20, Net Assets

“Old Computer write off due to depreciation -9,249”

Form 990-EZ, Part II, Line 24, Other Assets

“Pledges Receivable - write off of Computer depreciation over 5 years Beginning of year 9,249, End of year 0”

Form 990-EZ, Part III, Section Donatiom, Line 28A

“9817 Donated to Poor Peoples, Catholic church members.”

Form 990-EZ, Part III, Section Other Assets, Line 24

“9,249 Computer purchased 5 years ago write off due to depreciation”

Raw XML Appendix152 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Charles C Jeong
IRS990EZ/BooksInCareOfDetail/PhoneNum02138803741
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03255 Wilshire Blvd suite 1717
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Los Angeles
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090010
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0124
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03630
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IRS990EZ/ContributionsGiftsGrantsEtcAmt016182
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03506
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0600
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09373
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03630
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09817
IRS990EZ/GrossReceiptsAmt016182
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09373
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03630
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09373
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03630
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Young Tark Lee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Myung Jin Jeong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09249
IRS990EZ/OtherChangesInNetAssetsAmt0-9249
IRS990EZ/OtherExpensesTotalAmt01574
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/PrintingPublicationsPostageAmt0685
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0This entity purchases religious newspapers with donations and distributes them to missionaries and poor neighbors.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016182
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09817
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt012676
IRS990EZ/TotalProgramServiceExpensesAmt09817
IRS990EZ/TotalRevenueAmt016182
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06878
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010915
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt041714
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt041714
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013682
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03340
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06878
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06899
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010915
IRS990ScheduleA/Total509Grp/TotalAmt041714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013682
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03340
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06878
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010915
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt041714
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Donation, Grantee Many People, Cash Grant 9,817, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 746
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Telephone 393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertisement 110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Automobile Expense 292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Service Charge 33
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Old Computer write off due to depreciation -9,249
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Pledges Receivable - write off of Computer depreciation over 5 years Beginning of year 9,249, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt89817 Donated to Poor Peoples, Catholic church members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt99,249 Computer purchased 5 years ago write off due to depreciation
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part III, Section Donatiom, Line 28a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part III, Section Other Assets, Line 24
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Young Tark Lee
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Catholic News Inc
ReturnHeader/Filer/BusinessNameControlTxt0CATH
ReturnHeader/Filer/EIN0954866279
ReturnHeader/Filer/PhoneNum03237350505
ReturnHeader/Filer/USAddress/AddressLine1Txt01502 Crenshaw Blvd
ReturnHeader/Filer/USAddress/CityNm0Los Angeles
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090019
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId059C9328223C7BE30E6B8BFA226BA14501808691F
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.240.50.226
ReturnHeader/FilingSecurityInformation/IPDt02020-03-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm016:36:58
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES JEONG
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-03-05T01:48:01-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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