Civic Intelligence

Forerunner Mission Ministry

990 • Fiscal year 2016 • EIN 20-2524118

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

39610 Sundale DriveFremont, CA 94538

(510) 656-8900

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.03x

Higher debt load relative to assets than 33% of similar nonprofits.

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

Liabilities / Revenue

78th percentile

0.54x

Higher debt load relative to revenue than 78% of similar nonprofits.

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

Net Margin

3rd percentile

-119%

Higher net margin than 3% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

15th percentile

-8.0%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

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

Assets

Down

$1,432,182

Down $124,842 (-8.0%) from 2015

Net Assets

Down

$1,394,279

Down $89,858 (-6.1%) from 2015

Liabilities

Down

$37,903

Down $34,984 (-48%) from 2015

Revenue

Down

$70,746

Down $59,597 (-46%) from 2015

Expenses

Down

$154,605

Down $180,515 (-54%) from 2015

Net Income

Up

-$83,859

Up $120,918 (+59%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,509,585Liabilities 2010: $666,890Net Assets 2010: $1,842,6952010Assets 2011: $1,791,843Liabilities 2011: $59,684Net Assets 2011: $1,732,1592011Assets 2012: $1,773,343Liabilities 2012: $34,467Net Assets 2012: $1,738,8762012Assets 2013: $1,814,501Liabilities 2013: $114,344Net Assets 2013: $1,700,1572013Assets 2014: $1,734,429Liabilities 2014: $77,580Net Assets 2014: $1,656,8492014Assets 2015: $1,557,024Liabilities 2015: $72,887Net Assets 2015: $1,484,1372015Assets 2016: $1,432,182Liabilities 2016: $37,903Net Assets 2016: $1,394,2792016Assets 2017: $1,401,508Liabilities 2017: $23,739Net Assets 2017: $1,377,7692017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2016

Assets$1,432,182
Liabilities$37,903
Net Assets$1,394,279

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $718,4362010Revenue 2011: $342,990Expenses 2011: $453,526Net Income 2011: -$110,5362011Revenue 2012: $273,341Expenses 2012: $266,624Net Income 2012: $6,7172012Revenue 2013: $191,627Expenses 2013: $230,346Net Income 2013: -$38,7192013Revenue 2014: $165,151Expenses 2014: $208,459Net Income 2014: -$43,3082014Revenue 2015: $130,343Expenses 2015: $335,120Net Income 2015: -$204,7772015Revenue 2016: $70,746Expenses 2016: $154,605Net Income 2016: -$83,8592016Revenue 2017: $87,360Expenses 2017: $103,870Net Income 2017: -$16,5102017Revenue 2018: $104,638Expenses 2018: $1,475,303Net Income 2018: -$1,370,6652018

Highlighted filing

2016

Revenue$70,746
Expenses$154,605
Net Income-$83,859
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$127,636
Mission and Program Overview

Mission

The organization's exempt

The organization's exempt purpose is to promote christian education by providing educational products and services for religious and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$975,819$724,415▼ $251,404
Cash and Non-Interest-Bearing Accounts$423,612$559,408▲ $135,796
Inventories for Sale or Use$139,114$144,746▲ $5,632
Accounts Receivable$18,479$3,613▼ $14,866
Total Assets$1,557,024$1,432,182▼ $124,842
Liabilities
Accounts Payable and Accrued Expenses$78,886$37,903▼ $40,983
Total Liabilities$78,886$37,903▼ $40,983
Net Assets / Fund Balance
Unrestricted Net Assets$1,399,979$1,320,335▼ $79,644
Temporarily Rstr Net Assets$78,159$73,944▼ $4,215
Total Net Assets Fund Balance$1,478,138$1,394,279▼ $83,859
Total Liabilities and Net Assets / Fund Balance$1,557,024$1,432,182▼ $124,842

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$57,199-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nicky PanChairperson
Anna NgDirector
Grace Hsiu Chin ChiangDirector
Lynne YangDirector
Ta Chang FuDirector
Yarkwo PanDirector
Tsui Ying ChenCFO
Rebecca LuSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$11,100
Program Service Revenue
$0
Investment Income
$2,370
Other Revenue
$57,276
All Other Contributions
$11,100
Change in Net Assets
$-83,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$52,542$0$0$52,542
Other Expenses$275$0$0$275
Fees for Services Accounting$300$-1,526$0$-1,226
Total Functional Expenses$133,469$21,136$0$154,605
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
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Forerunner Mission Ministry
EIN
20-2524118
Phone
5106568900
Address
39610 SUNDALE DRIVE, FREMONT, CA 94538

Signing Officer

Name
Tsui Ying Chen
Title
CFO
Phone
5106568900
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tsui Ying Chen
Formed
2005
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Leung & Yee Inc
Address
39111 PASEO PADRE PKY 318, FREMONT, CA 94538-1695
Preparer
Linda Leung CPA
Phone
5107968228
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of Form 990 is provided at the board meeting.

Pt VI, Line 15A

Compensation is reviewed by the board on an annual basis.

Pt VI, Line 15B

Factors considered include hours worked and market rates.

Pt VI, Line 19

Information is provided upon request.

Pt VI, Line 10B

No material rights difference.

Raw XML Appendix376 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.

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ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TSUI YING CHEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
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ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORERUNNER MISSION MINISTRY
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ReturnHeader/FilingSecurityInformation/IPTm005:08:38
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEUNG & YEE INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt039111 PASEO PADRE PKY 318
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FREMONT
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ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA LEUNG CPA
ReturnHeader/ReturnTs02017-11-09T05:08:48-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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