Civic Intelligence

Fu Generation Foundation Inc

990EZ • Fiscal year 2019 • EIN 20-8458977

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 10, 2020

108-28 69th AvenueForest Hills, NY 11375

(646) 241-6787

Siviq Scores

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

Liabilities / Assets

88th percentile

0.37x

Higher debt load relative to assets than 88% of similar nonprofits.

2019 filings • NTEE Q • <$500k nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

3.03x

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

2019 filings • NTEE Q • <$500k nonprofits • Source year 2019

Net Margin

92nd percentile

64%

Higher net margin than 92% of similar nonprofits.

2019 filings • NTEE Q • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2019 filings • NTEE Q • <$500k nonprofits • Source year 2019

Asset Growth

80th percentile

60%

Faster asset growth than 80% of similar nonprofits.

2019 filings • NTEE Q • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

7th percentile

-71%

Faster revenue growth than 7% of similar nonprofits.

2019 filings • NTEE Q • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$399,657

Up $150,190 (+60%) from 2018

Net Assets

Up

$252,277

Up $30,898 (+14%) from 2018

Liabilities

Up

$147,380

Up $119,292 (+425%) from 2018

Revenue

Down

$48,572

Down $120,249 (-71%) from 2018

Expenses

Down

$17,674

Down $38,261 (-68%) from 2018

Net Income

Down

$30,898

Down $81,988 (-73%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2013: $79,753Net Assets 2013: $79,7532013Assets 2014: $81,038Net Assets 2014: $81,0382014Assets 2015: $157,704Net Assets 2015: $157,7042015Assets 2016: $145,855Net Assets 2016: $145,8552016Assets 2017: $380,493Liabilities 2017: $272,000Net Assets 2017: $108,4932017Assets 2018: $249,467Liabilities 2018: $28,088Net Assets 2018: $221,3792018Assets 2019: $399,657Liabilities 2019: $147,380Net Assets 2019: $252,2772019Assets 2020: $393,403Liabilities 2020: $147,380Net Assets 2020: $246,0232020Assets 2021: $243,963Net Assets 2021: $243,9632021Assets 2022: $222,675Net Assets 2022: $222,6752022Assets 2023: $222,675Liabilities 2023: $644Net Assets 2023: $222,0312023Assets 2024: $399,065Liabilities 2024: $139,555Net Assets 2024: $259,5102024

Highlighted filing

2019

Assets$399,657
Liabilities$147,380
Net Assets$252,277

Operations Trend

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

$200K$100K$0-$100KRevenue 2013: $58,283Expenses 2013: $1,910Net Income 2013: $56,3732013Revenue 2014: $19,185Expenses 2014: $17,900Net Income 2014: $1,2852014Revenue 2015: $106,253Expenses 2015: $29,587Net Income 2015: $76,6662015Revenue 2016: $19,993Expenses 2016: $31,842Net Income 2016: -$11,8492016Revenue 2017: $150,868Expenses 2017: $188,230Net Income 2017: -$37,3622017Revenue 2018: $168,821Expenses 2018: $55,935Net Income 2018: $112,8862018Revenue 2019: $48,572Expenses 2019: $17,674Net Income 2019: $30,8982019Revenue 2020: $10,047Expenses 2020: $16,301Net Income 2020: -$6,2542020Revenue 2021: $10,953Expenses 2021: $13,013Net Income 2021: -$2,0602021Revenue 2022: $15,163Expenses 2022: $36,451Net Income 2022: -$21,2882022Revenue 2023: $1,100Expenses 2023: $1,744Net Income 2023: -$6442023Revenue 2024: $53,095Expenses 2024: $15,616Net Income 2024: $37,4792024

Highlighted filing

2019

Revenue$48,572
Expenses$17,674
Net Income$30,898
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 10, 2020
Return Version
2019v5.1
Gross Receipts
$77,047
Mission and Program Overview

Mission

Fu generation foundation inc. Has been established with the purchase of assisting many charitable organizations and causes by volunteering to help them when there is a need.

Fu generation has been established witl the

Program Services

DescriptionGrantsExpenses
FU GENERATION FOUNDATION INC HAS BEEN ESTABLISHED WITH THE PURCHASE OF ASSISTING MANY CHARITABLE ORGANIZATIONS AND CAUSES BY VOLUNTEERING TO HELP THEM WHEN THERE IS A NEED$45,000$17,764
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID FUFounderPT$0--
CINDY FUTreasurerPT$0--
EDISON SHENPresidentPT$0--
ALFRED TUNGSecretary-$0--
JOHN WUDirector-$0--
ANN CHANGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fu Generation Foundation Inc
EIN
20-8458977
Phone
6462416787
Address
108-28 69TH AVENUE, FOREST HILLS, NY 11375

Signing Officer

Name
Cindy Ha
Title
Treasurer
Signed
2020-06-10
Discuss with paid preparer
No

Preparer

Firm
Tien Wang CPA
Address
22 CHATHAM SQUARE 4TH FL, FLUSHING, NY 10038
Preparer
Tien Wang
Phone
2126197470
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Travel 900

Form 990-EZ, Part I, Line 16, Other Expenses

Conferences, conventions, and meetings 300

Form 990-EZ, Part I, Line 16, Other Expenses

Telephone 580

Form 990-EZ, Part I, Line 16, Other Expenses

Advertsing 3,162

Form 990-EZ, Part I, Line 16, Other Expenses

Donation 10,000

Form 990-EZ, Part I, Line 16, Other Expenses

Office Expenses 1,957

Form 990-EZ, Part I, Line 16, Other Expenses

Taxes 75

Form 990-EZ, Part I, Line 16, Other Expenses

Membership Fees 700

Form 990-EZ, Part II, Line 24, Other Assets

108-31 LLC Beginning of year 163,753, End of year 123,353

Form 990-EZ, Part II, Line 26, Liabilities

OTHER PAYABLES Beginning of year 28,088, End of year 147,380

Raw XML Appendix187 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALFRED TUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN WU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ANN CHANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0163753
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0123353
IRS990EZ/OtherExpensesTotalAmt017674
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FU GENERATION HAS BEEN ESTABLISHED WITL THE
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt045000
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SaleOfAssetsGrossAmt020851
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt07077
IRS990EZ/SpecialEventsNetIncomeLossAmt0372
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt028088
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0336939
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 900
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Telephone 580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Advertsing 3,162
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Donation 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Office Expenses 1,957
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Taxes 75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Membership Fees 700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8108-31 LLC Beginning of year 163,753, End of year 123,353
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER PAYABLES Beginning of year 28,088, End of year 147,380
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0CINDY HA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-06-10
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ReturnHeader/Filer/BusinessNameControlTxt0FUGE
ReturnHeader/Filer/EIN0208458977
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ReturnHeader/FilingSecurityInformation/IPTm017:39:07
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt022 CHATHAM SQUARE 4TH FL
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-06-10T12:39:21-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings