Civic Intelligence

Altsol USA

990 • Fiscal year 2017 • EIN 27-2815559

Jan 01, 2017 to Dec 31, 2017 • Filed on May 19, 2018

2766 Via Orange Way Ste ISpring Valley, CA 91978

(866) 951-6670

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

58th percentile

7.2%

Higher net margin than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

91st percentile

$45,231

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 16.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

95th percentile

204%

Faster asset growth than 95% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$30,178

Up $20,263 (+204%) from 2016

Net Assets

Up

$30,178

Up $20,263 (+204%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$283,257

Up $38,844 (+16%) from 2016

Expenses

Up

$262,991

Up $23,549 (+9.8%) from 2016

Net Income

Up

$20,266

Up $15,295 (+308%) from 2016

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $625Liabilities 2012: $0Net Assets 2012: $6252012Assets 2013: $5,628Net Assets 2013: $5,6282013Assets 2014: $4,219Liabilities 2014: $0Net Assets 2014: $4,2192014Assets 2015: $4,946Liabilities 2015: $0Net Assets 2015: $4,9462015Assets 2016: $9,915Liabilities 2016: $0Net Assets 2016: $9,9152016Assets 2017: $30,178Liabilities 2017: $0Net Assets 2017: $30,1782017Assets 2018: $53,523Liabilities 2018: $0Net Assets 2018: $53,5232018Assets 2019: $1,194Net Assets 2019: $1,1942019Assets 2020: $666Liabilities 2020: $0Net Assets 2020: $6662020Assets 2021: $16,247Liabilities 2021: $0Net Assets 2021: $16,2472021Assets 2022: $384Liabilities 2022: $0Net Assets 2022: $3842022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2017

Assets$30,178
Liabilities$0
Net Assets$30,178

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $126,002Expenses 2012: $129,185Net Income 2012: -$3,1832012Revenue 2013: $169,597Expenses 2013: $164,594Net Income 2013: $5,0032013Revenue 2014: $249,056Expenses 2014: $250,465Net Income 2014: -$1,4092014Revenue 2015: $260,672Expenses 2015: $298,714Net Income 2015: -$38,0422015Revenue 2016: $244,413Expenses 2016: $239,442Net Income 2016: $4,9712016Revenue 2017: $283,257Expenses 2017: $262,991Net Income 2017: $20,2662017Revenue 2018: $394,648Expenses 2018: $371,303Net Income 2018: $23,3452018Revenue 2019: $178,570Expenses 2019: $230,899Net Income 2019: -$52,3292019Revenue 2020: $81,300Expenses 2020: $81,828Net Income 2020: -$5282020Revenue 2021: $143,882Expenses 2021: $128,301Net Income 2021: $15,5812021Revenue 2022: $230,529Expenses 2022: $246,992Net Income 2022: -$16,4632022Revenue 2023: $31,010Expenses 2023: $31,394Net Income 2023: -$3842023

Highlighted filing

2017

Revenue$283,257
Expenses$262,991
Net Income$20,266
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 19, 2018
Return Version
2017v2.2
Gross Receipts
$283,257
Mission and Program Overview

Mission

ALTSOL USA's mission is to provide America's funeral homes, crematories, and cemeteries an ethical, legal, environmental, and humane solution for recycling medical implants, dental prosthetics, and other metals recovered after the cremation process.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,915$30,178▲ $20,263
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$9,915$30,178▲ $20,263
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$9,915$30,178▲ $20,263
Total Net Assets Fund Balance$9,915$30,178▲ $20,263
Total Liabilities and Net Assets / Fund Balance$9,915$30,178▲ $20,263
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jason HaddadSecretary/CFOPT$45,231$45,231

Board Members and Trustees

NameTitle
Ragai SaadehPresident
Dawn HopkinsonDirector
Fayrouz SuleimanDirector
Jeff GibsonDirector
Matthew NeedDirector
Norman BriggsDirector
Randy McCluskyDirector
Staci JenkinsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$3,100
Program Service Revenue
$280,157
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,100
Change in Net Assets
$20,266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$118,115
Grants and Similar Amounts Paid$94,564
Salaries, Compensation, and Employee Benefits$50,312
Total Fundraising Expense$1,193
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$94,564--$94,564
Current Officers, Directors, Trustees, and Key Employees$22,616$22,615-$45,231
Occupancy$14,088$10,843-$24,931
Payroll Taxes$2,541$2,540-$5,081
Travel$1,674--$1,674
Office Expenses-$640$843$1,483
Fees for Services Accounting-$1,335-$1,335
Insurance$1,310--$1,310
Other Expenses$2,786-$350$350
All Other Expenses$118$1-$119
Total Functional Expenses$223,824$37,974$1,193$262,991
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Diabetes AssociationAustin, TX-Exempt Charitable Purposes$64,952
L3 FoundationKingwood, TX-Exempt Charitable Purposes$18,653
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Trustees of the organization review the return prior to approval of electronic filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Potential conflicts are discussed at every vote of the board of trustees. Actual or perceived conflicted parties recuse themselves from discussion and voting.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies, and financial statements, including the organization's Form 990 and accompanying schedules/state returns are made available to the general public upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Altsol USA
EIN
27-2815559
Phone
8669516670
Address
2766 Via Orange Way Ste I, Spring Valley, CA 91978

Signing Officer

Name
Ragai Saadeh
Title
President
Signed
2018-05-19
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
1
Volunteers
12

Preparer

Firm
Fortunate Fields Inc
Address
PO Box 33052, San Diego, CA 92163
Preparer
David A Yoshida
Phone
6192200375
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Rounding Adjustment = -$3

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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01618
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt011718
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0280157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0240413
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0257672
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0249056
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0167979
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01195277
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01206995
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0283257
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0244413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0260672
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0249056
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0169597
IRS990ScheduleA/Total509Grp/TotalAmt01206995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0283257
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0244413
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0260672
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0249056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0169597
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01206995
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt064952
IRS990ScheduleI/RecipientTable/CashGrantAmt118653
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Exempt Charitable Purposes
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Exempt Charitable Purposes
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0American Diabetes Association
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1L3 Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0131623888
IRS990ScheduleI/RecipientTable/RecipientEIN1465510008
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09430 Research Bl Bld II 150
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt12211 Lake Gardens Dr
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Austin
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Kingwood
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd078759
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd177339
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Grants are given to IRC Sec. 501(c)(3) tax exempt organizations as unrestricted contributions.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Trustees of the organization review the return prior to approval of electronic filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Potential conflicts are discussed at every vote of the board of trustees. Actual or perceived conflicted parties recuse themselves from discussion and voting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents, policies, and financial statements, including the organization's Form 990 and accompanying schedules/state returns are made available to the general public upon reasonable request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rounding Adjustment = -$3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09915
IRS990/TotalAssetsEOYAmt030178
IRS990/TotalAssetsGrp/BOYAmt09915
IRS990/TotalAssetsGrp/EOYAmt030178
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03100
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01193
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037974
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0223824
IRS990/TotalFunctionalExpensesGrp/TotalAmt0262991
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09915
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt030178
IRS990/TotalProgramServiceExpensesAmt0223824
IRS990/TotalProgramServiceRevenueAmt0280157
IRS990/TotalReportableCompFromOrgAmt045231
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0280157
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0283257
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09915

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