Civic Intelligence

Caipa Foundation Inc.

990 • Fiscal year 2023 • EIN 26-2791755

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Organization ProfileWWW.CAIPAFOUNDATION.ORG
202 Canal Street Suite 500New York, NY 10013

(212) 965-8488

Siviq Scores

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

Liabilities / Assets

65th percentile

0.03x

Higher debt load relative to assets than 65% of similar nonprofits.

2023 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

70th percentile

0.06x

Higher debt load relative to revenue than 70% of similar nonprofits.

2023 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2023

Net Margin

84th percentile

57%

Higher net margin than 84% of similar nonprofits.

2023 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2023 filings • NTEE T30 • $1M-$5M nonprofits • Source year 2023

Asset Growth

81st percentile

34%

Faster asset growth than 81% of similar nonprofits.

2023 filings • NTEE T30 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

68th percentile

32%

Faster revenue growth than 68% of similar nonprofits.

2023 filings • NTEE T30 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$4,997,221

Up $1,273,060 (+34%) from 2022

Net Assets

Up

$4,853,186

Up $1,254,284 (+35%) from 2022

Liabilities

Up

$144,035

Up $18,776 (+15%) from 2022

Revenue And Expenses
Liabilities / Revenue70th percentileNet Margin84th percentile

Revenue

Up

$2,348,032

Up $573,674 (+32%) from 2022

Expenses

Down

$1,019,904

Down $469,398 (-32%) from 2022

Net Income

Up

$1,328,128

Up $1,043,072 (+366%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $2,542,801Liabilities 2013: $221,272Net Assets 2013: $2,321,5292013Assets 2014: $2,195,232Liabilities 2014: $239,301Net Assets 2014: $1,955,9312014Assets 2015: $2,021,491Liabilities 2015: $292,497Net Assets 2015: $1,728,9942015Assets 2016: $1,676,216Liabilities 2016: $278,321Net Assets 2016: $1,397,8952016Assets 2017: $1,813,514Liabilities 2017: $261,936Net Assets 2017: $1,551,5782017Assets 2018: $2,238,436Liabilities 2018: $256,978Net Assets 2018: $1,981,4582018Assets 2019: $3,162,242Liabilities 2019: $280,696Net Assets 2019: $2,881,5462019Assets 2020: $2,952,036Liabilities 2020: $226,052Net Assets 2020: $2,725,9842020Assets 2021: $3,692,764Liabilities 2021: $241,273Net Assets 2021: $3,451,4912021Assets 2022: $3,724,161Liabilities 2022: $125,259Net Assets 2022: $3,598,9022022Assets 2023: $4,997,221Liabilities 2023: $144,035Net Assets 2023: $4,853,1862023Assets 2024: $6,749,941Liabilities 2024: $525,362Net Assets 2024: $6,224,5792024

Highlighted filing

2023

Assets$4,997,221
Liabilities$144,035
Net Assets$4,853,186
Open 2023 Filing

Operations Trend

Revenue Growth68th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $698,001Expenses 2013: $982,835Net Income 2013: -$284,8342013Revenue 2014: $1,156,382Expenses 2014: $1,521,980Net Income 2014: -$365,5982014Revenue 2015: $1,115,812Expenses 2015: $1,287,656Net Income 2015: -$171,8442015Revenue 2016: $1,008,769Expenses 2016: $1,343,257Net Income 2016: -$334,4882016Revenue 2017: $1,899,524Expenses 2017: $1,748,025Net Income 2017: $151,4992017Revenue 2018: $2,089,437Expenses 2018: $1,592,682Net Income 2018: $496,7552018Revenue 2019: $2,666,902Expenses 2019: $1,829,481Net Income 2019: $837,4212019Revenue 2020: $1,662,431Expenses 2020: $1,988,823Net Income 2020: -$326,3922020Revenue 2021: $2,470,287Expenses 2021: $1,614,873Net Income 2021: $855,4142021Revenue 2022: $1,774,358Expenses 2022: $1,489,302Net Income 2022: $285,0562022Revenue 2023: $2,348,032Expenses 2023: $1,019,904Net Income 2023: $1,328,1282023Revenue 2024: $2,519,689Expenses 2024: $1,106,134Net Income 2024: $1,413,5552024

Highlighted filing

2023

Revenue$2,348,032
Expenses$1,019,904
Net Income$1,328,128
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$2,473,996
Mission and Program Overview

Mission

Promote the health of chinese americans through grants to other charitable organizations and support of community health and research projects.

Promote the health of chinese americans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,598,902$4,853,186▲ $1,254,284
Investments in Publicly Traded Securities$2,614,681$2,801,618▲ $186,937
Cash and Non-Interest-Bearing Accounts$630,776$2,151,514▲ $1,520,738
Accounts Receivable$123,161--
Prepaid Expenses and Deferred Charges$70,652$44,089▼ $26,563
Land, Buildings, and Equipment, Net$3,329--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,724,161$4,997,221▲ $1,273,060
Other Assets Total$281,562$0▼ $281,562
Liabilities
Other Liabilities$105,200$142,488▲ $37,288
Accounts Payable and Accrued Expenses$20,059$1,547▼ $18,512
Total Liabilities$125,259$144,035▲ $18,776
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,598,902$4,853,186▲ $1,254,284
Total Liabilities and Net Assets / Fund Balance$3,724,161$4,997,221▲ $1,273,060
Compensation and Service Providers
Top Officer Pay68th percentile

Board Members and Trustees

NameTitle
Sun-hoo FooChair/pres./dir./CEO
Alice LauDirector
George LiuDirector
Jonathan ChangDirector and VP
Peggy ShengExecutive Director
Susan LauExecutive Director (outgoing)
Felix ChuDir./secr./treas.
Revenue and Support

Revenue Composition

Contributions and Grants
$1,744,317
Program Service Revenue
$187,619
Investment Income
$423,060
Other Revenue
$-6,964
All Other Contributions
$1,346,811
Change in Net Assets
$1,328,128

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,348,032
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-263,907
Total Revenue per Audited Statements
$2,084,125
Total Revenue per Form 990
$2,348,032
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$731,494
Salaries, Compensation, and Employee Benefits$288,410
Total Fundraising Expense$190,063
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$261,625--$261,625
Occupancy$193,427--$193,427
Fees for Services Management-$120,000-$120,000
Insurance$34,059$34,059-$68,118
Payroll Taxes$26,785--$26,785
Travel$26,255--$26,255
Fees for Services Accounting-$24,000-$24,000
Other Expenses$18,540-$190,063$18,540
Office Expenses$8,452$7,116-$15,568
Fees for Services Other$7,200--$7,200
Depreciation Depletion$3,164$166-$3,330
All Other Expenses$2,737$307-$3,044
Total Functional Expenses$644,193$185,648$190,063$1,019,904

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,019,904
Expenses per Audited Statements$829,841
Total Expenses per Audited Statements$829,841
Expenses Not Reported on Financial Statements$190,063
Other Expense Adjustments$190,063
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$125,964
Fundraising Gross Income$119,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Asian Heritage Night$480,950$119,000$3,575$115,425
Total Events$480,950$119,000$125,964$-6,964
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Parties$142,488
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The return is prepared by an independent accountant. Then the return is send to the board of directors for review, comment and approval prior filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“The organization regularly and consistently monitors and enforces compliance with the policy by reviewing the annual conflict of interest policy and notifications of conflicts of interest by board members during the year.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Caipa Foundation Inc
EIN
26-2791755
Phone
2129658488
Address
202 CANAL STREET SUITE 500, NEW YORK, NY 10013

Signing Officer

Name
Sun-hoo Foo
Title
Chairman
Phone
2129658488
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sun-hoo Foo
Formed
2007
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
11
Volunteers
7

Preparer

Firm
Cbiz Marks Paneth LLC
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“On july 19, 2023, the foundation entered into an asset purchase agreement with a third party to sell the tangible assets of caipa social daycare center llc for $150,000. Concurrent with the agreement, as of the effective date, the foundation discontinued all operations of caipa social daycare center llc. The foundation recorded a gain on the sale of the assets of $150,000, and a change in net assets without donor restrictions from discontinued operations for 2023 of $(250,487), as disclosed on the consolidated statement of activities and change in net assets.”

FORM 990, PART XII, LINE 2C:

“He process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation has no uncertain tax positions as of december 31, 2023 in accordance with fasb accounting standards codification topic 740, which provides standards for establishing and classifying any tax provisions for uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Indirect fundraising expenses -190,063.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Direct fundraising expenses 190,063.”

Raw XML AppendixShowing 400 of 459 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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IRS990/Desc0PROVIDE THE HIGHEST QUALITY SERVICES TO SENIORS IN THE ASIAN-AMERICAN COMMUNITIES THROUGH SOCIAL DAY CARE CENTERS. MAKE SURE THAT SENIORS RECEIVE CULTURALLY SENSITIVE CARE AND SERVICES THAT WOULD OFFER THEM A SECURED, PEACEFUL AND BETTER QUALITY OF LIFE.
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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt070652
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044089
IRS990/PrincipalOfficerNm0SUN-HOO FOO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624110
IRS990/ProgramServiceRevenueGrp/BusinessCd1624110
IRS990/ProgramServiceRevenueGrp/Desc0MANAGED LT CARE REV.
IRS990/ProgramServiceRevenueGrp/Desc1SILVER SNEAKERS REV.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0178908
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18711
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0178908
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18711
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01448377
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt027308
IRS990/PYInvestmentIncomeAmt0-4351
IRS990/PYOtherExpensesAmt0941931
IRS990/PYOtherRevenueAmt032542
IRS990/PYProgramServiceRevenueAmt0297790
IRS990/PYRevenuesLessExpensesAmt0285056
IRS990/PYSalariesCompEmpBnftPaidAmt0520063
IRS990/PYTotalExpensesAmt01489302
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01774358
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01328128
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0337619
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03598902
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04853186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01737353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01448377
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02234601
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01440594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01891063
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08751988
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0423060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0108440
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0257242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0241699
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0249136
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01279577
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01583913
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0119000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0113743
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04398
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0212
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0237353
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78730
IRS990ScheduleA/PublicSupportPY170Pct00.81720
IRS990ScheduleA/PublicSupportTotal170Amt08084540
IRS990ScheduleA/SubstantialContributorsTotAmt0667448
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01737353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01448377
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02234601
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01440594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01891063
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08751988
IRS990ScheduleA/TotalSupportAmt010268918
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0190063
IRS990ScheduleD/ExpensesSubtotalAmt0829841
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-73844
IRS990ScheduleD/OtherExpensesNotIncludedAmt0190063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0142488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherRevenueAmt0-190063
IRS990ScheduleD/RevenueNotReportedAmt0-263907
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02348032
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INDIRECT FUNDRAISING EXPENSES -190,063.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EXPENSES 190,063.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01019904
IRS990ScheduleD/TotalLiabilityAmt0142488
IRS990ScheduleD/TotalRevenuePerForm990Amt02348032
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02084125
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0829841
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0361950
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0361950
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0125964
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt017727
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt017727
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ASIAN HERITAGE NIGHT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0104662
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0104662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0480950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0480950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0119000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0119000
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6964
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03575
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03575
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON JULY 19, 2023, THE FOUNDATION ENTERED INTO AN ASSET PURCHASE AGREEMENT WITH A THIRD PARTY TO SELL THE TANGIBLE ASSETS OF CAIPA SOCIAL DAYCARE CENTER LLC FOR $150,000. CONCURRENT WITH THE AGREEMENT, AS OF THE EFFECTIVE DATE, THE FOUNDATION DISCONTINUED ALL OPERATIONS OF CAIPA SOCIAL DAYCARE CENTER LLC. THE FOUNDATION RECORDED A GAIN ON THE SALE OF THE ASSETS OF $150,000, AND A CHANGE IN NET ASSETS WITHOUT DONOR RESTRICTIONS FROM DISCONTINUED OPERATIONS FOR 2023 OF $(250,487), AS DISCLOSED ON THE CONSOLIDATED STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT. THEN THE RETURN IS SEND TO THE BOARD OF DIRECTORS FOR REVIEW, COMMENT AND APPROVAL PRIOR FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY REVIEWING THE ANNUAL CONFLICT OF INTEREST POLICY AND NOTIFICATIONS OF CONFLICTS OF INTEREST BY BOARD MEMBERS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4HE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0CAIPA FOUNDATION INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CAIPA SOCIAL DAYCARE CENTER INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0461165203
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0320831
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0SOCIAL DAYCARE CENTERS FOR SENIOR ASIAN AMERICAN INDIVIDUALS
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0337619
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0202 CANAL STREET SUITE 500
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd010013
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03724161
IRS990/TotalAssetsEOYAmt04997221
IRS990/TotalAssetsGrp/BOYAmt03724161
IRS990/TotalAssetsGrp/EOYAmt04997221
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01744317
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0190063
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0185648
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0644193
IRS990/TotalFunctionalExpensesGrp/TotalAmt01019904
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0125259
IRS990/TotalLiabilitiesEOYAmt0144035

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,997,221
Liabilities
$144,035
Net assets
$4,853,186
Revenue
$2,348,032
Expenses
$1,019,904
Net income
$1,328,128
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.75$0.53$6.22$2.52$1.11$1.41
2023Detailed filing. Detailed filing data is available for this year.$5.00$0.14$4.85$2.35$1.02$1.33
2022Detailed filing. Detailed filing data is available for this year.$3.72$0.13$3.60$1.77$1.49$0.29
2021Detailed filing. Detailed filing data is available for this year.$3.69$0.24$3.45$2.47$1.61$0.86
2020Detailed filing. Detailed filing data is available for this year.$2.95$0.23$2.73$1.66$1.99$0.33
2019Detailed filing. Detailed filing data is available for this year.$3.16$0.28$2.88$2.67$1.83$0.84
2018Detailed filing. Detailed filing data is available for this year.$2.24$0.26$1.98$2.09$1.59$0.50
2017Detailed filing. Detailed filing data is available for this year.$1.81$0.26$1.55$1.90$1.75$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.28$1.40$1.01$1.34$0.33
2015Detailed filing. Detailed filing data is available for this year.$2.02$0.29$1.73$1.12$1.29$0.17
2014Detailed filing. Detailed filing data is available for this year.$2.20$0.24$1.96$1.16$1.52$0.37
2013Detailed filing. Detailed filing data is available for this year.$2.54$0.22$2.32$0.70$0.98$0.28
Peer Organizations

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