Liabilities / Assets
62nd percentile
Higher debt load relative to assets than 62% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
65th percentile
Higher net margin than 65% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
42nd percentile
Faster asset growth than 42% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Balance Sheet
Assets
Down$354,100
Down $7,904 (-2.2%) from 2021
Net Assets
Down$352,593
Down $8,055 (-2.2%) from 2021
Liabilities
Up$1,507
Up $151 (+11%) from 2021
Revenue And Expenses
Revenue
Down$39,524
Down $18,204 (-32%) from 2021
Expenses
Down$33,559
Down $54,667 (-62%) from 2021
Net Income
Up$5,965
Up $36,463 (+120%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Nov 4, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $116,217
Mission and Program Overview
Mission
charitable related activities
Program Services
| Description | Grants | Expenses |
|---|---|---|
| charitable related donation | $8,087 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tsong J Chuang | President | PT | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Scrip | $82,921 | $82,921 | - | $82,921 |
| Total Events | $82,921 | $82,921 | - | $82,921 |
Filing and Contact Details
Filer
- Filer Name
- Bright Magpie Charitable Foundation
- EIN
- 26-0640486
- Address
- 21465 Broken Arrow Drive, Diamond Bar, CA 91765
Signing Officer
- Name
- Tson J chuang
- Title
- Officer
- Phone
- 9097062835
- Signed
- 2023-11-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Accountax & Financial Assoc Inc
- Address
- 2530 Louise Ave, Arcadia, CA 91006
- Preparer
- Peggy Sou EA
- Phone
- 6262541223
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description AmountInterest Income 5Rental income 39,625(Management Fee) (2,420)(Fire Insurance) (1,120)(Property Tax) (4,009)(Repair and Maintenance) (1,041)(Auto Expense) (478)(Gardening Expense) (1,050)(Supplies) (320)”
Description of other expenses Part I line 16
“Description AmountDepreciation from 4562 6,833CONTRIBUTIONS TO OTHER FACILITIES 8,087BANK SERVICE CHARGE 12OFFICE EXPENSES 935AUTO EXPENSES 322SUPPLIES 2,082TAXES AND LICENSES 258”
Other changes in net assets or fund balances Part I line 20
“Description AmountUnrealized gain from NY Life (14,020)”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearAccounts Payable 1,356 1,507”
Raw XML Appendix173 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 880 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Tsong J Chuang |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9097062835 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5542 N Pinnacle Lnae |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | San Bernardino |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 92407 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 159435 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 158364 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 4104 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5965 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 14150 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 362004 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 354100 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 82921 |
| IRS990EZ/GrossReceiptsAmt | 0 | 116217 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 202569 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 195736 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 360648 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 352593 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 360648 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 352593 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Tsong J Chuang |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -14020 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 18529 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 29192 |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | charitable related activities |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | charitable related donation |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 8087 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 76693 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 6228 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1356 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1507 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 33559 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 39524 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 4104 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 667 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4246 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 14230 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3810 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 27057 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 5 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 17 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 18 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 26 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 76 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 82921 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt | 0 | 52546 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt | 0 | 23691 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt | 0 | 48615 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 207773 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 5 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 10 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 17 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 18 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 26 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 76 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.01000 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 22354 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | -2329 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 12847 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 16519 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 12409 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 61800 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.79150 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.69640 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 234830 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 87025 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 53213 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 27937 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 62845 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 3810 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 234830 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 109384 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 50894 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 40801 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 79382 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 16245 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 296706 |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | false |
| IRS990ScheduleG/EmailSolicitationsInd | 0 | X |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | Scrip |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 82921 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 82921 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 82921 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 82921 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 82921 |
| IRS990ScheduleG/InPersonSolicitationsInd | 0 | X |
| IRS990ScheduleG/MailSolicitationsInd | 0 | X |
| IRS990ScheduleG/PhoneSolicitationsInd | 0 | X |
| IRS990ScheduleG/SpecialFundraisingEventsInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountInterest Income 5Rental income 39,625(Management Fee) (2,420)(Fire Insurance) (1,120)(Property Tax) (4,009)(Repair and Maintenance) (1,041)(Auto Expense) (478)(Gardening Expense) (1,050)(Supplies) (320) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountDepreciation from 4562 6,833CONTRIBUTIONS TO OTHER FACILITIES 8,087BANK SERVICE CHARGE 12OFFICE EXPENSES 935AUTO EXPENSES 322SUPPLIES 2,082TAXES AND LICENSES 258 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountUnrealized gain from NY Life (14,020) |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearAccounts Payable 1,356 1,507 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 00 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Tson J chuang |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Officer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9097062835 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | BRIGHT MAGPIE CHARITABLE FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | BRIG |
| ReturnHeader/Filer/EIN | 0 | 260640486 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 21465 Broken Arrow Drive |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Diamond Bar |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 91765 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 954843410 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Accountax & Financial Assoc Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2530 Louise Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Arcadia |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 91006 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6262541223 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Peggy Sou EA |
| ReturnHeader/ReturnTs | 0 | 2023-11-05T00:50:29-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Tson |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | chuang |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $354,100
- Liabilities
- $1,507
- Net assets
- $352,593
- Revenue
- $39,524
- Expenses
- $33,559
- Net income
- $5,965