Civic Intelligence

Herald Foundation

990EZ • Fiscal year 2018 • EIN 26-1431045

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

Organization ProfileN/A
3733 Rosemead BlvdRosemead, CA 91770

(626) 288-8100

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

52nd percentile

4.1%

Higher net margin than 52% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

59th percentile

6.9%

Faster asset growth than 59% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-61%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$170,380

Up $10,942 (+6.9%) from 2017

Net Assets

Up

$167,218

Up $9,366 (+5.9%) from 2017

Liabilities

Up

$3,162

Up $1,576 (+99%) from 2017

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin52nd percentile

Revenue

Down

$191,415

Down $302,603 (-61%) from 2017

Expenses

Down

$183,635

Down $194,104 (-51%) from 2017

Net Income

Down

$7,780

Down $108,499 (-93%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$200K$150K$100K$50K$0Assets 2015: $99,096Liabilities 2015: $1,680Net Assets 2015: $97,4162015Assets 2016: $151,286Liabilities 2016: $0Net Assets 2016: $151,2862016Assets 2017: $159,438Liabilities 2017: $1,586Net Assets 2017: $157,8522017Assets 2018: $170,380Liabilities 2018: $3,162Net Assets 2018: $167,2182018Assets 2019: $178,753Liabilities 2019: $0Net Assets 2019: $178,7532019Assets 2020: $180,172Liabilities 2020: $0Net Assets 2020: $180,1722020Assets 2021: $177,933Liabilities 2021: $0Net Assets 2021: $177,9332021Assets 2022: $184,823Liabilities 2022: $0Net Assets 2022: $184,8232022Assets 2023: $194,823Liabilities 2023: $0Net Assets 2023: $194,8232023Assets 2024: $188,812Liabilities 2024: $3,162Net Assets 2024: $185,6502024

Highlighted filing

2018

Assets$170,380
Liabilities$3,162
Net Assets$167,218
Open 2018 Filing

Operations Trend

Revenue Growth7th percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $146,323Expenses 2015: $334,374Net Income 2015: -$188,0512015Revenue 2016: $300,609Expenses 2016: $246,739Net Income 2016: $53,8702016Revenue 2017: $494,018Expenses 2017: $377,739Net Income 2017: $116,2792017Revenue 2018: $191,415Expenses 2018: $183,635Net Income 2018: $7,7802018Revenue 2019: $181,433Expenses 2019: $169,898Net Income 2019: $11,5352019Revenue 2020: $2,605Expenses 2020: $1,186Net Income 2020: $1,4192020Revenue 2021: $133,002Expenses 2021: $135,241Net Income 2021: -$2,2392021Revenue 2022: $180,000Expenses 2022: $173,110Net Income 2022: $6,8902022Revenue 2023: $185,000Expenses 2023: $175,000Net Income 2023: $10,0002023Revenue 2024: $436,945Expenses 2024: $446,118Net Income 2024: -$9,1732024

Highlighted filing

2018

Revenue$191,415
Expenses$183,635
Net Income$7,780
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.2
Gross Receipts
$191,415
Mission and Program Overview

Mission

Provide humanitarian assistance

Program Services

DescriptionGrantsExpenses
TO PROVIDE THE HUMANITARIAN ASSISTANCE AND SERVICES TO THE INTERNATIONAL COMMUNITIES$192,533$183,188
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATIE CHAUSecretary-$0--
REV PAK CHEUNG LOCEO-$0--
DANIEL WONGTreasurer-$0--
MELVIN WONGOfficer-$0--
DAVID LEEOfficer-$0--
Filing and Contact Details

Filer

Filer Name
Herald Foundation
EIN
26-1431045
Address
3733 ROSEMEAD BLVD, Rosemead, CA 91770

Signing Officer

Name
Pauline Chan
Title
Treasurer
Phone
6262888100
Signed
2019-05-14
Discuss with paid preparer
No

Preparer

Firm
Proaccurate Tax Consulting Group
Address
6620 N MUSCATEL AVE, San Gabriel, CA 91775
Preparer
Alexandra Yeung
Phone
6263196216
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountLAY CONSULTING 1,860GROWTH GROUP 6,455SPEAKING FEES 750”

Description of other expenses Part I line 16

“Description AmountOUTSIDE SERVICE 2,266CHILDREN PROGRAM IN CHINA 100,000OPERATION 15,976CONFERENCE AND TRAVEL 480LIABILITY INSURANCE 500SERVICE CHARGE 197WORKER COMPENSATION INSURANCE 343FUNDRAISING 447”

Description of other assets Part II line 24

“Category Beginning of Year End of YearPREPAID EXPENSES 0 125DUE FROM HFRC 0 53,000”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPAYROLL 0 3,162”

Raw XML Appendix174 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0KATIE CHAU
IRS990EZ/BooksInCareOfDetail/PhoneNum06262888100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03733 ROSEMEAD BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Rosemead
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091770
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0159438
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033982
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0175790
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07780
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0159438
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0170380
IRS990EZ/GrossProfitLossSlsOfInvntryAmt05777
IRS990EZ/GrossReceiptsAmt0191415
IRS990EZ/GrossSalesOfInventoryAmt05777
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0783
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt083273
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0159438
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0167218
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0167218
IRS990EZ/OccupancyRentUtltsAndMaintAmt07822
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATIE CHAU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1REV PAK CHEUNG LO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANIEL WONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MELVIN WONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DAVID LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4OFFICER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt053125
IRS990EZ/OtherExpensesTotalAmt0120209
IRS990EZ/OtherRevenueTotalAmt09065
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE HUMANITARIAN ASSISTANCE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE THE HUMANITARIAN ASSISTANCE AND SERVICES TO THE INTERNATIONAL COMMUNITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0192533
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0183188
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt055604
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03162
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0183635
IRS990EZ/TotalProgramServiceExpensesAmt0183188
IRS990EZ/TotalRevenueAmt0191415
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0175790
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0494018
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0276155
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0146137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0426054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01518154
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0783
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0810
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt014395
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt014395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0783
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt027
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0810
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt024427
IRS990ScheduleA/OtherIncome509Grp/TotalAmt024427
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98380
IRS990ScheduleA/PublicSupportPY509Pct00.98160
IRS990ScheduleA/PublicSupportTotal509Amt01532549
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0190185
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0494018
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0276155
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0146137
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0426054
IRS990ScheduleA/Total509Grp/TotalAmt01532549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0190968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0494018
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0300609
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0146137
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0426054
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01557786
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountLAY CONSULTING 1,860GROWTH GROUP 6,455SPEAKING FEES 750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountOUTSIDE SERVICE 2,266CHILDREN PROGRAM IN CHINA 100,000OPERATION 15,976CONFERENCE AND TRAVEL 480LIABILITY INSURANCE 500SERVICE CHARGE 197WORKER COMPENSATION INSURANCE 343FUNDRAISING 447
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearPREPAID EXPENSES 0 125DUE FROM HFRC 0 53,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Category Beginning of Year End of YearPAYROLL 0 3,162
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0PAULINE CHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06262888100
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HERALD FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HERA
ReturnHeader/Filer/EIN0261431045
ReturnHeader/Filer/USAddress/AddressLine1Txt03733 ROSEMEAD BLVD
ReturnHeader/Filer/USAddress/CityNm0Rosemead
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091770
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06F0F953B3C3B8959664A683E5ECA7F4F235CBFFE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06F0F953B3C3B8959664A683E5ECA7F4F235CBFFE
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId09660012019135qtem0dx
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-05-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.98.53.9
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTm021:33:38
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PROACCURATE TAX CONSULTING GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06620 N MUSCATEL AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Gabriel
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091775
ReturnHeader/PreparerPersonGrp/PhoneNum06263196216
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alexandra Yeung
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-05-15T20:58:25-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$170,380
Liabilities
$3,162
Net assets
$167,218
Revenue
$191,415
Expenses
$183,635
Net income
$7,780
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.89$0.03$1.86$4.37$4.46$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$1.85$1.75$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$1.80$1.73$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.78$0.00$1.78$1.33$1.35$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.80$0.03$0.01$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$1.81$1.70$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.70$0.03$1.67$1.91$1.84$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.59$0.02$1.58$4.94$3.78$1.16
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$3.01$2.47$0.54
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.02$0.97$1.46$3.34$1.88