Civic Intelligence

Adeona Foundation

990EZ • Fiscal year 2012 • EIN 26-2604228

Jan 01, 2012 to Dec 31, 2012 • Filed on May 13, 2013

97 Park Lane07704
Siviq Scores

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

Liabilities / Assets

81st percentile

0.21x

Higher debt load relative to assets than 81% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

86th percentile

0.19x

Higher debt load relative to revenue than 86% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

92nd percentile

49%

Higher net margin than 92% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2012

Revenue Growth

42nd percentile

-4.1%

Faster revenue growth than 42% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2012

Assets

Up

$58,737

Up $16,227 (+38%) from 2010

Net Assets

Up

$46,537

Up $10,077 (+28%) from 2010

Liabilities

Up

$12,200

Up $6,150 (+102%) from 2010

Revenue

Down

$64,153

Down $5,642 (-8.1%) from 2010

Expenses

Down

$32,598

Down $15,516 (-32%) from 2010

Net Income

Up

$31,555

Up $9,874 (+46%) from 2010

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2010: $42,510Liabilities 2010: $6,050Net Assets 2010: $36,4602010Assets 2012: $58,737Liabilities 2012: $12,200Net Assets 2012: $46,5372012Assets 2013: $45,865Liabilities 2013: $1,500Net Assets 2013: $44,3652013

Highlighted filing

2012

Assets$58,737
Liabilities$12,200
Net Assets$46,537

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2010: $69,795Expenses 2010: $48,114Net Income 2010: $21,6812010Revenue 2012: $64,153Expenses 2012: $32,598Net Income 2012: $31,5552012Revenue 2013: $12,073Expenses 2013: $14,930Net Income 2013: -$2,8572013

Highlighted filing

2012

Revenue$64,153
Expenses$32,598
Net Income$31,555
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 13, 2013
Return Version
2012v2.1
Mission and Program Overview

Mission

The Adeona Foundation was founded in May of 2008 with the intent of helping Children in disadvantaged situations. Named for the Roman Goddess, Adeona, it is the Foundation's objective to raise awareness for and financially aid charities that have dedicated themselves to serving Children. Through constant fundraising efforts, and annual social events, the Foundation's goal is to benefit and improve the lives of deserving Children who may have been burdened by unforeseen obstacles as to give them a fair chance to succeed in the future. The Adeona Foundation is committed to maximizing its financial donations by keeping operating expenses at a minimum. It is able to accomplish this goal through the generosity of our event sponsors, supporters and individual donors. Officers and Directors are not compensated for their work with the Foundation.

Filing and Contact Details

Filer

EIN
26-2604228
Raw XML Appendix219 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/PrimaryExemptPurpose0THE ADEONA FOUNDATION WAS FOUNDED IN MAY OF 2008 WITH THE INTENT OF HELPING CHILDREN IN DISADVANTAGED SITUATIONS. NAMED FOR THE ROMAN GODDESS, ADEONA, IT IS THE FOUNDATION'S OBJECTIVE TO RAISE AWARENESS FOR AND FINANCIALLY AID CHARITIES THAT HAVE DEDICATED THEMSELVES TO SERVING CHILDREN. THROUGH CONSTANT FUNDRAISING EFFORTS, AND ANNUAL SOCIAL EVENTS, THE FOUNDATION'S GOAL IS TO BENEFIT AND IMPROVE THE LIVES OF DESERVING CHILDREN WHO MAY HAVE BEEN BURDENED BY UNFORESEEN OBSTACLES AS TO GIVE THEM A FAIR CHANCE TO SUCCEED IN THE FUTURE. THE ADEONA FOUNDATION IS COMMITTED TO MAXIMIZING ITS FINANCIAL DONATIONS BY KEEPING OPERATING EXPENSES AT A MINIMUM. IT IS ABLE TO ACCOMPLISH THIS GOAL THROUGH THE GENEROSITY OF OUR EVENT SPONSORS, SUPPORTERS AND INDIVIDUAL DONORS. OFFICERS AND DIRECTORS ARE NOT COMPENSATED FOR THEIR WORK WITH THE FOUNDATION.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0THE ADEONA FOUNDATION WAS FOUNDED IN MAY OF 2008 WITH THE INTENT OF HELPING CHILDREN IN DISADVANTAGED SITUATIONS. NAMED FOR THE ROMAN GODDESS, ADEONA, IT IS THE FOUNDATION'S OBJECTIVE TO RAISE AWARENESS FOR AND FINANCIALLY AID CHARITIES THAT HAVE DEDICATED THEMSELVES TO SERVING CHILDREN. THROUGH CONSTANT FUNDRAISING EFFORTS, AND ANNUAL SOCIAL EVENTS, THE FOUNDATION'S GOAL IS TO BENEFIT AND IMPROVE THE LIVES OF DESERVING CHILDREN WHO MAY HAVE BEEN BURDENED BY UNFORESEEN OBSTACLES AS TO GIVE THEM A FAIR CHANCE TO SUCCEED IN THE FUTURE. THE ADEONA FOUNDATION IS COMMITTED TO MAXIMIZING ITS FINANCIAL DONATIONS BY KEEPING OPERATING EXPENSES AT A MINIMUM. IT IS ABLE TO ACCOMPLISH THIS GOAL THROUGH THE GENEROSITY OF OUR EVENT SPONSORS, SUPPORTERS AND INDIVIDUAL DONORS. OFFICERS AND DIRECTORS ARE NOT COMPENSATED FOR THEIR WORK WITH THE FOUNDATION.
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IRS990ScheduleO/GeneralExplanation/Explanation0ACTIVITY CLASSIFICATION: . GRANTEE NAME: THE READING TEAM. GRANTEE ADDRESS: 2090 ADAM CLAYTON POWELL JR BOULEVARD SUITE 100 NEW YORK, NY 10027. AMOUNT GIVEN: 20,000.
IRS990ScheduleO/GeneralExplanation/Explanation1DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 6,100. DESCRIPTION: OTHER. AMOUNT: 5,189. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 547. DESCRIPTION: TAXES. AMOUNT: 50. DESCRIPTION: DEPRECIATION. AMOUNT: 712. TOTAL TO FORM 990-EZ, LINE 16: 12,598.
IRS990ScheduleO/GeneralExplanation/Explanation2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 1,307. END OF YEAR AMOUNT: 595.
IRS990ScheduleO/GeneralExplanation/Explanation3DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 6,050. END OF YEAR AMOUNT: 12,200. DESCRIPTION: GRANT PAYABLE (PLEDGED). BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/GeneralExplanation/Identifier0GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier3OTHER LIABILITIES
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IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0262604228
ReturnHeader/Filer/Name/BusinessNameLine10THE ADEONA FOUNDATION
ReturnHeader/Filer/NameControl0ADEO
ReturnHeader/Filer/Phone04439850362
ReturnHeader/Filer/USAddress/AddressLine1097 PARK LANE
ReturnHeader/Filer/USAddress/City0FAIR HAVEN
ReturnHeader/Filer/USAddress/State0NJ
ReturnHeader/Filer/USAddress/ZIPCode007704
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-05-13
ReturnHeader/Officer/Name0CLARK FINNERY
ReturnHeader/Officer/Phone04439850362
ReturnHeader/Officer/Title0DIRECTOR
ReturnHeader/Preparer/DatePrepared02013-05-13
ReturnHeader/PreparerFirm/EIN0200268717
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10FUOCO GROUP LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10200 PARKWAY DRIVE S STE 302
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0HAUPPAUGE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode011788
ReturnHeader/Preparer/Name0DONALD P MUSGNUG CPA
ReturnHeader/Preparer/Phone06313601700
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-05-13T15:54:59-05:00

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