Civic Intelligence

Ami Foundation Inc.

990 • Fiscal year 2020 • EIN 11-3676863

Jan 01, 2020 to Dec 31, 2020 • Filed on May 05, 2021

72 W Jimmie Leeds Road No 1100Galloway, NJ 08205

(609) 653-8240

Siviq Scores

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

Liabilities / Assets

91st percentile

0.42x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.40x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Net Margin

14th percentile

-107%

Higher net margin than 14% of similar nonprofits.

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$0

Higher top officer pay than 97% of similar nonprofits.

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

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-29%

Faster asset growth than 19% of similar nonprofits.

2020 filings • NTEE T12 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

31st percentile

-51%

Faster revenue growth than 31% of similar nonprofits.

2020 filings • NTEE T12 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$382,953

Down $159,004 (-29%) from 2019

Net Assets

Down

$223,150

Down $122,092 (-35%) from 2019

Liabilities

Down

$159,803

Down $36,912 (-19%) from 2019

Revenue

Down

$113,970

Down $120,143 (-51%) from 2019

Expenses

Down

$236,062

Down $15,891 (-6.3%) from 2019

Net Income

Down

-$122,092

Down $104,252 (-584%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $42,955Liabilities 2011: $0Net Assets 2011: $42,9552011Assets 2012: $55,642Liabilities 2012: $0Net Assets 2012: $55,6422012Assets 2013: $51,865Liabilities 2013: $0Net Assets 2013: $51,8652013Assets 2014: $176,975Liabilities 2014: $0Net Assets 2014: $176,9752014Assets 2015: $275,012Liabilities 2015: $0Net Assets 2015: $275,0122015Assets 2016: $320,706Liabilities 2016: $0Net Assets 2016: $320,7062016Assets 2017: $334,521Liabilities 2017: $0Net Assets 2017: $334,5212017Assets 2018: $363,082Liabilities 2018: $0Net Assets 2018: $363,0822018Assets 2019: $541,957Liabilities 2019: $196,715Net Assets 2019: $345,2422019Assets 2020: $382,953Liabilities 2020: $159,803Net Assets 2020: $223,1502020Assets 2021: $310,744Liabilities 2021: $121,713Net Assets 2021: $189,0312021Assets 2022: $180,863Liabilities 2022: $82,562Net Assets 2022: $98,3012022Assets 2023: $114,493Liabilities 2023: $41,851Net Assets 2023: $72,6422023Assets 2024: $41,587Liabilities 2024: $0Net Assets 2024: $41,5872024

Highlighted filing

2020

Assets$382,953
Liabilities$159,803
Net Assets$223,150

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $175,6322011Expenses 2012: $138,5342012Revenue 2013: $119,233Expenses 2013: $123,010Net Income 2013: -$3,7772013Revenue 2014: $301,055Expenses 2014: $175,945Net Income 2014: $125,1102014Revenue 2015: $294,131Expenses 2015: $196,094Net Income 2015: $98,0372015Revenue 2016: $215,872Expenses 2016: $170,178Net Income 2016: $45,6942016Revenue 2017: $176,264Expenses 2017: $162,449Net Income 2017: $13,8152017Revenue 2018: $215,629Expenses 2018: $187,068Net Income 2018: $28,5612018Revenue 2019: $234,113Expenses 2019: $251,953Net Income 2019: -$17,8402019Revenue 2020: $113,970Expenses 2020: $236,062Net Income 2020: -$122,0922020Revenue 2021: $165,837Expenses 2021: $199,956Net Income 2021: -$34,1192021Revenue 2022: $193,740Expenses 2022: $284,470Net Income 2022: -$90,7302022Revenue 2023: $188,685Expenses 2023: $214,344Net Income 2023: -$25,6592023Revenue 2024: $179,244Expenses 2024: $210,299Net Income 2024: -$31,0552024

Highlighted filing

2020

Revenue$113,970
Expenses$236,062
Net Income-$122,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 5, 2021
Return Version
2020v4.1
Gross Receipts
$113,970
Mission and Program Overview

Mission

Fund raising events to benefit other charitable organizations that support the health and well-being of community residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$376,932$291,589▼ $85,343
Rtn Earn Endowment Incm Other Fnds$345,242$223,150▼ $122,092
Cash and Non-Interest-Bearing Accounts$165,025$90,989▼ $74,036
Other Notes and Loans Receivable, Net$0$375▲ $375
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$541,957$382,953▼ $159,004
Liabilities
Unsecured Notes Loans Payable$196,715$159,803▼ $36,912
Total Liabilities$196,715$159,803▼ $36,912
Net Assets / Fund Balance
Total Net Assets Fund Balance$345,242$223,150▼ $122,092
Total Liabilities and Net Assets / Fund Balance$541,957$382,953▼ $159,004

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$291,589$235,126$526,715
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$65,942
Program Service Revenue
$48,000
Investment Income
$28
Other Revenue
$0
All Other Contributions
$65,942
Change in Net Assets
$-122,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$130,899
Grants and Similar Amounts Paid$105,163
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$105,163--$105,163
Depreciation Depletion$85,343--$85,343
Other Expenses$6,445--$6,445
Interest$5,654--$5,654
Total Functional Expenses$236,062$0$0$236,062
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boys and Girls Club of Ac IncAtlantic City, NJ-General Charitable Contribution$31,200
GILDA'S CLUB SOUTH JERSEYLinwood, NJ-Assist Organization With Its Support for Kids With Cancer$25,000
American Cancer SocietyAtlanta, GA-General Charitable Contribution$20,000
American Heart AssociationDallas, TX-General Charitable Contribution$12,942
Susan G KomenDallas, TX-General Charitable Contribution$12,601
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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, Section A, Line 2

There are two trustees who collectively own 10.2564102% of two separate partnerships atlantic medical imaging and atlantic radiology professional association.

Form 990, Part VI, Section B, Line 11B

All board members are provided a complete copy of the form 990 prior to filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, policies and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Ami Foundation
EIN
11-3676863
Phone
6096538240
Address
72 W JIMMIE LEEDS ROAD NO 1100, GALLOWAY, NJ 08205

Signing Officer

Name
Margaret C Avagliano
Title
President
Phone
6096538240
Signed
2021-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret C Avagliano
Formed
2003
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Smolin Lupin & Co Pa
Address
165 PASSAIC AVE - 4TH FLOOR, FAIRFIELD, NJ 07004
Preparer
Theodore S Byer
Phone
9734397200
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IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt088
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0988
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01117
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99460
IRS990ScheduleA/PublicSupportPY509Pct00.99460
IRS990ScheduleA/PublicSupportTotal509Amt01177423
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt02538
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0270
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt01750
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt04958
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0113942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0300325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0272780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0226743
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0268591
IRS990ScheduleA/Total509Grp/TotalAmt01182381
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0113970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0300421
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0272899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0226892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0269638
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01183820
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0291589
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0235126
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0526715
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0291589
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt231200
IRS990ScheduleI/RecipientTable/CashGrantAmt312601
IRS990ScheduleI/RecipientTable/CashGrantAmt412942
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL CHARITABLE CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ASSIST ORGANIZATION WITH ITS SUPPORT FOR KIDS WITH CANCER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2GENERAL CHARITABLE CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3GENERAL CHARITABLE CONTRIBUTION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL CHARITABLE CONTRIBUTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN CANCER SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GILDA'S CLUB SOUTH JERSEY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BOYS AND GIRLS CLUB OF AC INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SUSAN G KOMEN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4AMERICAN HEART ASSOCIATION
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0250 WILLIAMS STREET NW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt17400 NEW ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2317 N PENNSYLVANIA AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt313770 NOEL ROAD SUITE 801889
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt47272 GREENVILLE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ATLANTA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1LINWOOD
IRS990ScheduleI/RecipientTable/USAddress/CityNm2ATLANTIC CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm3DALLAS
IRS990ScheduleI/RecipientTable/USAddress/CityNm4DALLAS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NJ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd030303
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd108221
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd208401
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd375380
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd475231
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE TWO TRUSTEES WHO COLLECTIVELY OWN 10.2564102% OF TWO SEPARATE PARTNERSHIPS ATLANTIC MEDICAL IMAGING AND ATLANTIC RADIOLOGY PROFESSIONAL ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS ARE PROVIDED A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0541957
IRS990/TotalAssetsEOYAmt0382953
IRS990/TotalAssetsGrp/BOYAmt0541957
IRS990/TotalAssetsGrp/EOYAmt0382953
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt065942
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0236062
IRS990/TotalFunctionalExpensesGrp/TotalAmt0236062
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0196715
IRS990/TotalLiabilitiesEOYAmt0159803
IRS990/TotalLiabilitiesGrp/BOYAmt0196715
IRS990/TotalLiabilitiesGrp/EOYAmt0159803
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0345242
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0223150
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0236062
IRS990/TotalProgramServiceRevenueAmt048000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt028
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt048000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0113970
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0541957
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0382953
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0196715

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$1.79$2.10$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.14$0.42$0.73$1.89$2.14$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.83$0.98$1.94$2.84$0.91
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$1.22$1.89$1.66$2.00$0.34
2020Detailed filing. Detailed filing data is available for this year.$3.83$1.60$2.23$1.14$2.36$1.22
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.42$1.97$3.45$2.34$2.52$0.18
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.63$0.00$3.63$2.16$1.87$0.29
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$0.00$3.35$1.76$1.62$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.00$3.21$2.16$1.70$0.46
2015Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$2.94$1.96$0.98
2014Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$3.01$1.76$1.25
2013Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$1.19$1.23$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$1.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$1.76