Civic Intelligence

Asi - a Shared Initiative Inc

990 • Fiscal year 2016 • EIN 20-2258602

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 06, 2017

5508 Citrus BoulevardHarahan, LA 70123

(504) 733-1733

Siviq Scores

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

Liabilities / Assets

48th percentile

0.09x

Higher debt load relative to assets than 48% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

1.91x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

2nd percentile

-180%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

86th percentile

$168,757

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 103.4% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

12th percentile

-10.0%

Faster asset growth than 12% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

9th percentile

-36%

Faster revenue growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$3,486,069

Down $385,967 (-10.0%) from 2015

Net Assets

Down

$3,173,671

Down $293,383 (-8.5%) from 2015

Liabilities

Down

$312,398

Down $92,584 (-23%) from 2015

Revenue

Down

$163,203

Down $89,850 (-36%) from 2015

Expenses

Up

$456,586

Up $33,414 (+7.9%) from 2015

Net Income

Down

-$293,383

Down $123,264 (-72%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,756,810Liabilities 2010: $2,159,467Net Assets 2010: $597,3432010Assets 2011: $3,460,245Liabilities 2011: $301,552Net Assets 2011: $3,158,6932011Assets 2012: $3,781,365Liabilities 2012: $385,964Net Assets 2012: $3,395,4012012Assets 2013: $4,137,745Liabilities 2013: $345,944Net Assets 2013: $3,791,8012013Assets 2014: $4,026,001Liabilities 2014: $388,828Net Assets 2014: $3,637,1732014Assets 2015: $3,872,036Liabilities 2015: $404,982Net Assets 2015: $3,467,0542015Assets 2016: $3,486,069Liabilities 2016: $312,398Net Assets 2016: $3,173,6712016Assets 2017: $3,525,707Liabilities 2017: $125,089Net Assets 2017: $3,400,6182017Assets 2018: $3,416,563Liabilities 2018: $46,321Net Assets 2018: $3,370,2422018Assets 2019: $3,292,723Liabilities 2019: $1,000Net Assets 2019: $3,291,7232019Assets 2020: $3,137,330Liabilities 2020: $0Net Assets 2020: $3,137,3302020Assets 2021: $2,999,605Liabilities 2021: $0Net Assets 2021: $2,999,6052021Assets 2022: $2,911,523Liabilities 2022: $0Net Assets 2022: $2,911,5232022Assets 2023: $2,917,589Liabilities 2023: $0Net Assets 2023: $2,917,5892023Assets 2024: $2,738,759Liabilities 2024: $0Net Assets 2024: $2,738,7592024

Highlighted filing

2016

Assets$3,486,069
Liabilities$312,398
Net Assets$3,173,671

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $202,0492010Expenses 2011: $331,0262011Expenses 2012: $508,7222012Revenue 2013: $699,456Expenses 2013: $303,056Net Income 2013: $396,4002013Revenue 2014: $524,650Expenses 2014: $679,278Net Income 2014: -$154,6282014Revenue 2015: $253,053Expenses 2015: $423,172Net Income 2015: -$170,1192015Revenue 2016: $163,203Expenses 2016: $456,586Net Income 2016: -$293,3832016Revenue 2017: $403,222Expenses 2017: $176,275Net Income 2017: $226,9472017Revenue 2018: $133,021Expenses 2018: $163,397Net Income 2018: -$30,3762018Revenue 2019: $65,736Expenses 2019: $144,260Net Income 2019: -$78,5242019Revenue 2020: $73,488Expenses 2020: $227,881Net Income 2020: -$154,3932020Revenue 2021: $8,540Expenses 2021: $108,019Net Income 2021: -$99,4792021Revenue 2022: $25,224Expenses 2022: $113,306Net Income 2022: -$88,0822022Revenue 2023: $160,132Expenses 2023: $154,066Net Income 2023: $6,0662023Revenue 2024: $114,172Expenses 2024: $293,002Net Income 2024: -$178,8302024

Highlighted filing

2016

Revenue$163,203
Expenses$456,586
Net Income-$293,383
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$200,623
Mission and Program Overview

Mission

To provide affordable lending opportunities and expand access to financial education and vital community services.

The organization provides affordable lending opportunities and expands access to financial education and vital community services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,842,313$1,436,523▼ $405,790
Savings and Temporary Cash Investments$1,314,206$1,241,898▼ $72,308
Land, Buildings, and Equipment, Net$708,315$676,403▼ $31,912
Cash and Non-Interest-Bearing Accounts$7,202$131,245▲ $124,043
Total Assets$3,872,036$3,486,069▼ $385,967
Liabilities
Accounts Payable and Accrued Expenses$259,009$176,979▼ $82,030
Other Liabilities$145,973$135,419▼ $10,554
Total Liabilities$404,982$312,398▼ $92,584
Net Assets / Fund Balance
Unrestricted Net Assets$622,045$3,173,671▲ $2,551,626
Temporarily Rstr Net Assets$2,845,009$0▼ $2,845,009
Total Net Assets Fund Balance$3,467,054$3,173,671▼ $293,383
Total Liabilities and Net Assets / Fund Balance$3,872,036$3,486,069▼ $385,967

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$676,403$239,485$915,888
Equipment$0$15,633$15,633
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Hema Banangada Resigned August 2016CFOFT$146,967$146,967
Revenue and Support

Revenue Composition

Contributions and Grants
$45,257
Program Service Revenue
$9,880
Investment Income
$119,906
Other Revenue
$-11,840
All Other Contributions
$45,257
Change in Net Assets
$-293,383

Audited Revenue Reconciliation

Revenue per Audited Statements
$163,203
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$37,420
Total Revenue per Audited Statements
$200,623
Total Revenue per Form 990
$163,203
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$360,040
Salaries, Compensation, and Employee Benefits$96,546
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,546--$96,546
Occupancy-$23,412-$23,412
Depreciation Depletion-$16,216-$16,216
Fees for Services Accounting-$13,500-$13,500
Travel$9,658--$9,658
Office Expenses$8,516--$8,516
Interest-$4,767-$4,767
Insurance-$2,077-$2,077
Fees for Services Other$972--$972
Conferences and Meetings$864--$864
Advertising$717--$717
Other Expenses$304--$304
Total Functional Expenses$396,614$59,972$0$456,586

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$494,006
Expenses per Audited Statements$456,586
Total Expenses per Form 990$456,586
Expenses Not Reported on Form 990$37,420
Expenses Not Reported on Financial Statements$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Secured Note Payable to Related Party$135,419
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Distribution to all board members for review annually.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policies applies to all directors, principal officers, or board committee members, and are reviwed annually by the board and ceo. The board and/or specific committee members of the meeting in which the conflict arises determine and review whether a conflict of interest exists. If a conflict exists, the party with the conflict of interest is prohibited from the discussion and vote on the transaction giving rise to the conflict.

Form 990, Part VI, Section C, Line 19

Governing documents are submitted upon request along with conflict of interest documentation. Annual financial statements are presented on the website for public awareness.

Filing and Contact Details

Filer

Filer Name
Asi - a Shared Initiative Inc
EIN
20-2258602
Phone
5047331733
Address
5508 CITRUS BOULEVARD, HARAHAN, LA 70123

Signing Officer

Name
Sonya Jarvis
Title
CEO
Phone
5047331733
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sonya Jarvis
Formed
2005
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Postlethwaite & Netterville
Address
ONE GALLERIA BLVD STE 2100, METAIRIE, LA 70001
Preparer
Sharon Cassiere
Phone
5048375990
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No change from the prior year. The organization's parent, asi federal credit union, assumes responsibility for selecting an independent accountant for oversight of the audit and the organization reviews the audit before issuance.

Financial Statement Notes

PART X, LINE 2:

Asii is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and from state income taxes under section 121(5) of title 47 of the louisiana revised statutes of 1950. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, asii may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of asii and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities at december 31, 2016 or 2015 .

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses separately stated in audit 37,420.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses separately stated in audit 37,420.

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IRS990/PYOtherExpensesAmt0291276
IRS990/PYOtherRevenueAmt0-497
IRS990/PYProgramServiceRevenueAmt06100
IRS990/PYRevenuesLessExpensesAmt0-170119
IRS990/PYSalariesCompEmpBnftPaidAmt0131896
IRS990/PYTotalExpensesAmt0423172
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0253053
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-293383
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-11840
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09880
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01314206
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01241898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt045527
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0100032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0370968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0562943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0632372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01711842
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0145486
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0182098
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0162747
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0148441
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0108273
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0747045
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt077543
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt040
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0-663
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt028909
IRS990ScheduleA/OtherIncome170Grp/TotalAmt028286
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68830
IRS990ScheduleA/PublicSupportPY170Pct00.78930
IRS990ScheduleA/PublicSupportTotal170Amt01711842
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt045527
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0100032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0370968
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0562943
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0632372
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01711842
IRS990ScheduleA/TotalSupportAmt02487173
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/BuildingsGrp/BookValueAmt0676403
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0239485
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0915888
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015633
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015633
IRS990ScheduleD/ExpensesNotReportedAmt037420
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0456586
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt037420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0135419
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURED NOTE PAYABLE TO RELATED PARTY
IRS990ScheduleD/OtherRevenueAmt037420
IRS990ScheduleD/RevenueNotReportedAmt037420
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0163203
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASII IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM STATE INCOME TAXES UNDER SECTION 121(5) OF TITLE 47 OF THE LOUISIANA REVISED STATUTES OF 1950. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, ASII MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF ASII AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES AT DECEMBER 31, 2016 OR 2015 .
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES SEPARATELY STATED IN AUDIT 37,420.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES SEPARATELY STATED IN AUDIT 37,420.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0676403
IRS990ScheduleD/TotalExpensesPerForm990Amt0456586
IRS990ScheduleD/TotalLiabilityAmt0135419
IRS990ScheduleD/TotalRevenuePerForm990Amt0163203
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0200623
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0494006
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt07500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt15000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0135024
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1143615
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt110503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07356
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt13656
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt04967
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt15983
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SONYA JARVIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MIGNHON TOURNE RESIGNED JULY 2016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0154847
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1168757
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DISTRIBUTION TO ALL BOARD MEMBERS FOR REVIEW ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICIES APPLIES TO ALL DIRECTORS, PRINCIPAL OFFICERS, OR BOARD COMMITTEE MEMBERS, AND ARE REVIWED ANNUALLY BY THE BOARD AND CEO. THE BOARD AND/OR SPECIFIC COMMITTEE MEMBERS OF THE MEETING IN WHICH THE CONFLICT ARISES DETERMINE AND REVIEW WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE PARTY WITH THE CONFLICT OF INTEREST IS PROHIBITED FROM THE DISCUSSION AND VOTE ON THE TRANSACTION GIVING RISE TO THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE SUBMITTED UPON REQUEST ALONG WITH CONFLICT OF INTEREST DOCUMENTATION. ANNUAL FINANCIAL STATEMENTS ARE PRESENTED ON THE WEBSITE FOR PUBLIC AWARENESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM THE PRIOR YEAR. THE ORGANIZATION'S PARENT, ASI FEDERAL CREDIT UNION, ASSUMES RESPONSIBILITY FOR SELECTING AN INDEPENDENT ACCOUNTANT FOR OVERSIGHT OF THE AUDIT AND THE ORGANIZATION REVIEWS THE AUDIT BEFORE ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ASI FEDERAL CREDIT UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0720838126
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FINANCIAL INSTITUTION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05508 CIRTUS BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0HARAHAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0LA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd070123
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.00$2.74$0.11$0.29$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.00$2.92$0.16$0.15$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.00$2.91$0.03$0.11$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.00$3.00$0.01$0.11$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.00$3.14$0.07$0.23$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$0.00$3.29$0.07$0.14$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.05$3.37$0.13$0.16$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.53$0.13$3.40$0.40$0.18$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.49$0.31$3.17$0.16$0.46$0.29
2015Detailed filing. Detailed filing data is available for this year.$3.87$0.40$3.47$0.25$0.42$0.17
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.03$0.39$3.64$0.52$0.68$0.15
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.14$0.35$3.79$0.70$0.30$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.78$0.39$3.40$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.30$3.16$0.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$2.16$0.60$0.20