Faaas Inc

990EZ • Fiscal year 2019 • EIN 04-3484647

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 14, 2020

Organization Profile WWW.FAAAS.ORG

PO Box 514Centerville, MA 02632

(508) 790-1930

Siviq Scores

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

8.64x

Higher debt load relative to assets than 99% of similar nonprofits.

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

509.99x

Higher debt load relative to revenue than 100% of similar nonprofits.

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

-1415%

Higher net margin than 1% of similar nonprofits.

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

Higher top officer pay than 77% of similar nonprofits.

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

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

-19%

Faster asset growth than 21% of similar nonprofits.

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

-84%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets99th percentile

Assets

Down

$6,020

Down $1,443 (-19%) from 2018

Net Assets

Down

-$45,999

Down $1,443 (-3.2%) from 2018

Liabilities

Flat

$52,019

Flat from 2018

Revenue And Expenses

Liabilities / Revenue100th percentile Net Margin1st percentile

Revenue

Down

$102

Down $543 (-84%) from 2018

Expenses

Down

$1,545

Down $502 (-25%) from 2018

Net Income

Down

-$1,443

Down $41 (-2.9%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

Highlighted filing

2019

Assets$6,020

Liabilities$52,019

Net Assets-$45,999

Open 2019 Filing

Operations Trend

Revenue Growth3rd percentile

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

Highlighted filing

2019

Revenue$102

Expenses$1,545

Net Income-$1,443

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2018 to Jun 30, 2019
Signed: Aug 14, 2020
Return Version: 2018v3.1
Gross Receipts: $102

Mission and Program Overview

Mission

To develop public awareness of asperger's syndrome and support those afflicted

To develop public awareness of asperger

Program Services

Description	Grants	Expenses
Other program services	-	$585
SEE SCHEDULE O PART III LINE 31 PROGRAM SERVICE ACCOMPLISHMENTS	-	-

Compensation and Service Providers

Top Officer Pay77th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
KAREN RODMAN	President	PT	$0	-	-
JOHN KELLEY	Treasurer	-	$0	-	-
THOMAS RODMAN	Director	-	$0	-	-
LINDA DEMER	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Faaas Inc
EIN: 04-3484647
Address: PO BOX 514, Centerville, MA 02632

Signing Officer

Name: Karen Rodman
Title: President
Phone: 5087751412
Signed: 2020-08-14
Discuss with paid preparer: Yes

Preparer

Firm: Nunes & Charrier LLC
Address: 150 Eighth Street, New Bedford, MA 02740
Preparer: Rachel Charrier
Phone: 5089900008

Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBANK FEES 18WEBSITE MAINTENANCE AND HOSTING 585TELEPHONE 435FILING FEES 50”

Description of other assets Part II line 24

“Category Beginning of Year End of YearCONFERENCE DEPOSIT 1,250 1,250”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearLOANS FROM OFFICERS 52,019 52,019”

Other program services Part III line 31

“To provide educational and emotional support to families and individuals afflicted with aspergers syndrome through the use of publications and access to the latest research information through the internet and by hosting international conferences.”

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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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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
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IRS990EZ/SubjectToProxyTaxInd	0	false
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IRS990EZ/TanningServicesProvidedInd	0	false
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IRS990EZ/TotalRevenueAmt	0	102
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	5600
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	102
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	177
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	633
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	0	10000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	1	10000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	2	10000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	7	619
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt	8	600
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt	0	OPERATING EXPENSES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountBANK FEES 18WEBSITE MAINTENANCE AND HOSTING 585TELEPHONE 435FILING FEES 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Category Beginning of Year End of YearCONFERENCE DEPOSIT 1,250 1,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Category Beginning of Year End of YearLOANS FROM OFFICERS 52,019 52,019
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	TO PROVIDE EDUCATIONAL AND EMOTIONAL SUPPORT TO FAMILIES AND INDIVIDUALS AFFLICTED WITH ASPERGERS SYNDROME THROUGH THE USE OF PUBLICATIONS AND ACCESS TO THE LATEST RESEARCH INFORMATION THROUGH THE INTERNET AND BY HOSTING INTERNATIONAL CONFERENCES.
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ReturnHeader/FilingSecurityInformation/IPTm	0	13:04:31
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	150 Eighth Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	New Bedford
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	02740
ReturnHeader/PreparerPersonGrp/PhoneNum	0	5089900008
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2020-08-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Rachel Charrier
ReturnHeader/ReturnTs	0	2020-08-25T12:59:03-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-07-01
ReturnHeader/TaxPeriodEndDt	0	2019-06-30
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing

Assets: $6,020
Liabilities: $52,019
Net assets: -$45,999
Revenue: $102
Expenses: $1,545
Net income: -$1,443

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2019Detailed filing. Detailed filing data is available for this year.	$6.02	$52.0	$46.0	$0.10	$1.55	$1.44
2018Detailed filing. Detailed filing data is available for this year.	$7.46	$52.0	$44.6	$0.65	$2.05	$1.40
2017Detailed filing. Detailed filing data is available for this year.	$8.87	$52.0	$43.2	$0.29	$2.57	$2.28
2016Detailed filing. Detailed filing data is available for this year.	$11.1	$52.0	$40.9	$0.42	$1.45	$1.04
2015Detailed filing. Detailed filing data is available for this year.	$12.2	$52.0	$39.8	$5.78	$4.09	$1.69
2014Detailed filing. Detailed filing data is available for this year.	$10.5	$52.0	$41.5	$4.89	$4.79	$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$10.4	$52.0	$41.6	$6.04	$3.90	$2.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$8.26	$52.0	$43.8		$4.80