Civic Intelligence

Alma Foundation

990EZ • Fiscal year 2020 • EIN 02-0771025

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileN/A
501 Swanson AvenuePlacentia, CA 92870

(714) 993-2521

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

5th percentile

-189%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

16th percentile

-26%

Faster asset growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

273%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$162,464

Down $56,189 (-26%) from 2019

Net Assets

Down

$162,464

Down $56,189 (-26%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin5th percentile

Revenue

Up

$29,704

Up $21,734 (+273%) from 2019

Expenses

Up

$85,893

Up $55,319 (+181%) from 2019

Net Income

Down

-$56,189

Down $33,585 (-149%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$300K$200K$100K$0Assets 2013: $180,173Liabilities 2013: $0Net Assets 2013: $180,1732013Assets 2014: $179,922Liabilities 2014: $0Net Assets 2014: $179,9222014Assets 2015: $290,324Liabilities 2015: $0Net Assets 2015: $290,3242015Assets 2016: $266,833Liabilities 2016: $0Net Assets 2016: $266,8332016Assets 2017: $273,593Liabilities 2017: $0Net Assets 2017: $273,5932017Assets 2018: $241,257Liabilities 2018: $0Net Assets 2018: $241,2572018Assets 2019: $218,653Net Assets 2019: $218,6532019Assets 2020: $162,464Liabilities 2020: $0Net Assets 2020: $162,4642020Assets 2021: $134,435Liabilities 2021: $0Net Assets 2021: $134,4352021Assets 2022: $94,801Liabilities 2022: $0Net Assets 2022: $94,8012022Assets 2023: $71,704Net Assets 2023: $71,7042023Assets 2024: $113,004Net Assets 2024: $113,0042024

Highlighted filing

2020

Assets$162,464
Liabilities$0
Net Assets$162,464
Open 2020 Filing

Operations Trend

Revenue Growth97th percentile

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

$200K$100K$0-$100KRevenue 2013: $129,870Expenses 2013: $25,080Net Income 2013: $104,7902013Revenue 2014: $19,669Expenses 2014: $19,920Net Income 2014: -$2512014Revenue 2015: $130,098Expenses 2015: $19,696Net Income 2015: $110,4022015Revenue 2016: -$507Expenses 2016: $22,985Net Income 2016: -$23,4922016Revenue 2017: $84,903Expenses 2017: $78,143Net Income 2017: $6,7602017Revenue 2018: $4,645Expenses 2018: $36,981Net Income 2018: -$32,3362018Revenue 2019: $7,970Expenses 2019: $30,574Net Income 2019: -$22,6042019Revenue 2020: $29,704Expenses 2020: $85,893Net Income 2020: -$56,1892020Revenue 2021: $1,146Expenses 2021: $29,175Net Income 2021: -$28,0292021Revenue 2022: $0Expenses 2022: $39,635Net Income 2022: -$39,6352022Revenue 2023: $26,934Expenses 2023: $50,031Net Income 2023: -$23,0972023Revenue 2024: $199,514Expenses 2024: $158,214Net Income 2024: $41,3002024

Highlighted filing

2020

Revenue$29,704
Expenses$85,893
Net Income-$56,189
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$29,704
Mission and Program Overview

Mission

The alma foundation was organized exclusively for charitable, educational and scientific purposes and continues to serve this purpose.

Program Services

DescriptionGrantsExpenses
THE ALMA FOUNDATION ISSUES SCHOLARSHIP AWARDS EACH YEAR TO VARIOUS RECIPIENTS. THE FUNDS RAISED FOR SUCH SCHOLARSHIPS ARE EARNED FROM THE ANNUAL GALA AND DONATIONS.-$60,000
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL WALKIMChairmanPT$0--
ISSAM RAADPresidentPT$0--
PIERRE KHOURYTreasurerPT$0--
DR RAY HACHEMVice PresidePT$0--
MRS CARLA WEHBESecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Alma Foundation
EIN
02-0771025
Address
501 SWANSON AVENUE, PLACENTIA, CA 92870

Signing Officer

Name
Pierre Khoury
Title
Treasurer
Signed
2021-11-15

Preparer

Firm
The Rascon CPA Firm
Address
19747 HIGHWAY NORTH 59 STE 205, HUMBLE, TX 77338
Preparer
Melissa Rascon CPA
Phone
8324824611
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses information technology 1,380 scholarships awarded 60,000 franchise taxes 20 donations 11,000 total 72,400”

Form 990-ez, Part III

“The alma foundation was organized exclusively for charitable, educational and scientific purposes and continues to serve this purpose.”

Raw XML Appendix140 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0PAUL WALKIM
CompensationExplanation/CompensationExplanationGrp/PersonNm1ISSAM RAAD
CompensationExplanation/CompensationExplanationGrp/PersonNm2PIERRE KHOURY
CompensationExplanation/CompensationExplanationGrp/PersonNm3DR RAY HACHEM
CompensationExplanation/CompensationExplanationGrp/PersonNm4MRS CARLA WEHBE
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DR PIERRE KHOURY
IRS990EZ/BooksInCareOfDetail/PhoneNum07149932521
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt022 S WINDSAIL PL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0THE WOODLANDS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077381
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0218653
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0162464
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt029704
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-56189
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012135
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0218653
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0162464
IRS990EZ/GrossReceiptsAmt029704
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0218653
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0162464
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0218653
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0162464
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt115.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAUL WALKIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ISSAM RAAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PIERRE KHOURY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DR RAY HACHEM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MRS CARLA WEHBE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt072400
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ALMA FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES AND CONTINUES TO SERVE THIS PURPOSE.
IRS990EZ/PrintingPublicationsPostageAmt01358
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ALMA FOUNDATION ISSUES SCHOLARSHIP AWARDS EACH YEAR TO VARIOUS RECIPIENTS. THE FUNDS RAISED FOR SUCH SCHOLARSHIPS ARE EARNED FROM THE ANNUAL GALA AND DONATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt060000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt085893
IRS990EZ/TotalProgramServiceExpensesAmt060000
IRS990EZ/TotalRevenueAmt029704
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt029704
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt07970
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04645
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026913
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt071232
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0104650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0104650
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0175882
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt029704
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07970
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04645
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0131563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/Total509Grp/TotalAmt0175882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt029704
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0131563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0175882
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INFORMATION TECHNOLOGY 1,380 SCHOLARSHIPS AWARDED 60,000 FRANCHISE TAXES 20 DONATIONS 11,000 TOTAL 72,400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ALMA FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES AND CONTINUES TO SERVE THIS PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0PIERRE KHOURY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALMA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ALMA
ReturnHeader/Filer/EIN0020771025
ReturnHeader/Filer/USAddress/AddressLine1Txt0501 SWANSON AVENUE
ReturnHeader/Filer/USAddress/CityNm0PLACENTIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092870
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464374164
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE RASCON CPA FIRM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt019747 HIGHWAY NORTH 59 STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUMBLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077338
ReturnHeader/PreparerPersonGrp/PhoneNum08324824611
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELISSA RASCON CPA
ReturnHeader/ReturnTs02021-11-13T23:52:07-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PIERRE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KHOURY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$162,464
Liabilities
$0
Net assets
$162,464
Revenue
$29,704
Expenses
$85,893
Net income
-$56,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.13$1.13$2.00$1.58$0.41
2023Detailed filing. Detailed filing data is available for this year.$0.72$0.72$0.27$0.50$0.23
2022Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.00$0.40$0.40
2021Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.01$0.29$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.30$0.86$0.56
2019Detailed filing. Detailed filing data is available for this year.$2.19$2.19$0.08$0.31$0.23
2018Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$0.05$0.37$0.32
2017Detailed filing. Detailed filing data is available for this year.$2.74$0.00$2.74$0.85$0.78$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$0.01$0.23$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$1.30$0.20$1.10
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.20$0.20$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$1.30$0.25$1.05