Civic Intelligence

Clarissa and Brandon Wang Family Foundat Ion

990PF • Fiscal year 2020 • EIN 20-8792958

Apr 01, 2019 to Mar 31, 2020 • Filed on Feb 15, 2021

Organization Profile
47775 Fremont BlvdFremont, CA 94538

(408) 707-8882

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

47th percentile

0.0%

Faster asset growth than 47% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets57th percentile

Assets

Flat

$331,365

Flat from 2019

Net Assets

Flat

$331,365

Flat from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2019

Expenses

Down

$0

Down $52,890 (-100%) from 2019

Net Income

Up

$0

Up $52,890 (+100%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$600K$400K$200K$0Assets 2012: $285,243Liabilities 2012: $02012Assets 2013: $297,214Liabilities 2013: $0Net Assets 2013: $297,2142013Assets 2014: $331,259Liabilities 2014: $0Net Assets 2014: $331,2592014Assets 2015: $315,395Liabilities 2015: $0Net Assets 2015: $315,3952015Assets 2017: $400,265Liabilities 2017: $0Net Assets 2017: $400,2652017Assets 2018: $384,255Liabilities 2018: $0Net Assets 2018: $384,2552018Assets 2019: $331,365Liabilities 2019: $0Net Assets 2019: $331,3652019Assets 2020: $331,365Liabilities 2020: $0Net Assets 2020: $331,3652020Assets 2021: $333,984Liabilities 2021: $0Net Assets 2021: $333,9842021Assets 2022: $333,947Liabilities 2022: $0Net Assets 2022: $333,9472022Assets 2023: $333,922Liabilities 2023: $12023Assets 2024: $333,922Liabilities 2024: $0Net Assets 2024: $333,9222024Assets 2025: $333,922Liabilities 2025: $0Net Assets 2025: $333,9222025

Highlighted filing

2020

Assets$331,365
Liabilities$0
Net Assets$331,365
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50K-$100KRevenue 2012: $60,714Expenses 2012: $8,199Net Income 2012: $52,5152012Expenses 2013: $8,6842013Revenue 2014: $45,374Expenses 2014: $11,329Net Income 2014: $34,0452014Revenue 2015: $165Expenses 2015: $16,029Net Income 2015: -$15,8642015Revenue 2017: $0Expenses 2017: $18,030Net Income 2017: -$18,0302017Revenue 2018: $0Expenses 2018: $16,010Net Income 2018: -$16,0102018Revenue 2019: $0Expenses 2019: $52,890Net Income 2019: -$52,8902019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $2,629Expenses 2021: $10Net Income 2021: $2,6192021Revenue 2022: $0Expenses 2022: $37Net Income 2022: -$372022Revenue 2023: $1Expenses 2023: $25Net Income 2023: -$242023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2020

Revenue$0
Expenses$0
Net Income$0
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Feb 15, 2021
Return Version
2019v5.0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
WEIMIN WANGPresident & CEO-$0--
ZONGHUA DUSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Wave2wave Foundation
EIN
20-8792958
Phone
4087078882
Address
47775 FREMONT BLVD, FREMONT, CA 94538

Signing Officer

Name
Weimin Wang
Title
President & CEO
Signed
2021-02-15
Discuss with paid preparer
Yes

Preparer

Firm
Abest Tax Services Inc
Address
1621A S MAIN ST, MILPITAS, CA 95035
Preparer
Shuang Mao
Phone
4083929977
Raw XML Appendix163 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.

Path#Value
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt00
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt0331365
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt0331365
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt0331365
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt016320
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt016320
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt016320
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt016320
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt00
IRS990PF/FMVAssetsEOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt031107
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt031107
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt031107
IRS990PF/Form990PFBalanceSheetsGrp/MortgageLoansBOYAmt0300258
IRS990PF/Form990PFBalanceSheetsGrp/MortgageLoansEOYAmt0300258
IRS990PF/Form990PFBalanceSheetsGrp/MortgageLoansEOYFMVAmt0300258
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt0331365
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt0331365
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt0331364
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0331364
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt00
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt04970
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt016320
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt0326394
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt0331364
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0WEIMIN WANG
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1ZONGHUA DU
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0President & CEO
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Secretary
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt047775 FREMONT BLVD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt147775 FREMONT BLVD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0FREMONT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1FREMONT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0CA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1CA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd094538
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd194538
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt00
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt047775 FREMONT BLVD
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0FREMONT
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0CA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd094538
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0CA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0WEIMIN WANG
IRS990PF/StatementsRegardingActyGrp/PhoneNum04087078882
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0WEIMIN WANG
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm1ZONGHUA DU
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt016320
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt016320
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt021383
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt016320
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt05063
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt05063
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt05063
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt021383
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WEIMIN WANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAVE2WAVE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WAVE
ReturnHeader/Filer/EIN0208792958
ReturnHeader/Filer/PhoneNum04087078882
ReturnHeader/Filer/USAddress/AddressLine1Txt047775 FREMONT BLVD
ReturnHeader/Filer/USAddress/CityNm0FREMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094538
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263000418
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABEST TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01621A S MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILPITAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095035
ReturnHeader/PreparerPersonGrp/PhoneNum04083929977
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHUANG MAO
ReturnHeader/ReturnTs02021-02-15T17:04:51-08:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02019-04-01
ReturnHeader/TaxPeriodEndDt02020-03-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$331,365
Liabilities
$0
Net assets
$331,365
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$0.00$0.00$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.00$3.34$0.00$0.00$0.00
2023Summary only. Only limited summary data is available for this year.$3.34$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$0.03$0.00$0.03
2020Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.00$0.00$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$0.00$3.31$0.00$0.53$0.53
2018Detailed filing. Detailed filing data is available for this year.$3.84$0.00$3.84$0.00$0.16$0.16
2017Detailed filing. Detailed filing data is available for this year.$4.00$0.00$4.00$0.00$0.18$0.18
2015Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$0.00$0.16$0.16
2014Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.45$0.11$0.34
2013Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$0.09
2012Summary only. Only limited summary data is available for this year.$2.85$0.00$0.61$0.08$0.53