Civic Intelligence

Neco Foundation

990EZ • Fiscal year 2022 • EIN 27-3067897

Jan 01, 2022 to Dec 31, 2022 • Filed on May 24, 2023

Organization Profile
208 Columbine DrHercules, CA 94547

(650) 417-5977

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

48th percentile

3.5%

Higher net margin than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

87th percentile

68%

Faster asset growth than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$6,114

Up $2,464 (+68%) from 2021

Net Assets

Up

$6,114

Up $2,464 (+68%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin48th percentile

Revenue

Down

$71,071

Down $28,923 (-29%) from 2021

Expenses

Down

$68,607

Down $27,737 (-29%) from 2021

Net Income

Down

$2,464

Down $1,186 (-32%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$15K$10K$5.0K$0Assets 2014: $70Liabilities 2014: $0Net Assets 2014: $702014Assets 2018: $545Liabilities 2018: $0Net Assets 2018: $5452018Assets 2019: $13,722Liabilities 2019: $0Net Assets 2019: $13,7222019Assets 2020: $7,677Liabilities 2020: $0Net Assets 2020: $7,6772020Assets 2021: $3,650Liabilities 2021: $0Net Assets 2021: $3,6502021Assets 2022: $6,114Liabilities 2022: $0Net Assets 2022: $6,1142022Assets 2023: $8,864Liabilities 2023: $0Net Assets 2023: $8,8642023Assets 2024: $8,900Liabilities 2024: $0Net Assets 2024: $8,9002024Assets 2025: $10,101Liabilities 2025: $0Net Assets 2025: $10,1012025

Highlighted filing

2022

Assets$6,114
Liabilities$0
Net Assets$6,114
Open 2022 Filing

Operations Trend

Revenue Growth19th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2014: $59,644Expenses 2014: $61,741Net Income 2014: -$2,0972014Revenue 2018: $89,373Expenses 2018: $88,828Net Income 2018: $5452018Revenue 2019: $159,242Expenses 2019: $146,065Net Income 2019: $13,1772019Revenue 2020: $112,273Expenses 2020: $117,629Net Income 2020: -$5,3562020Revenue 2021: $99,994Expenses 2021: $96,344Net Income 2021: $3,6502021Revenue 2022: $71,071Expenses 2022: $68,607Net Income 2022: $2,4642022Revenue 2023: $93,333Expenses 2023: $90,583Net Income 2023: $2,7502023Revenue 2024: $99,260Expenses 2024: $99,224Net Income 2024: $362024Revenue 2025: $81,076Expenses 2025: $79,875Net Income 2025: $1,2012025

Highlighted filing

2022

Revenue$71,071
Expenses$68,607
Net Income$2,464
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 24, 2023
Return Version
2022v5.0
Gross Receipts
$71,071
Mission and Program Overview

Mission

Providing quality education to orphaned

To promote educational activities in npl

Program Services

DescriptionGrantsExpenses
GIVING GOOD EDUCATION TO ORPHANED CHILDERN IN NEPAL$71,071$68,606
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BISHWO BHATTAPresident-$0--
Filing and Contact Details

Filer

Filer Name
Neco Foundation
EIN
27-3067897
Address
208 COLUMBINE DR, Hercules, CA 94547

Signing Officer

Name
Bishow Bhatta
Title
President
Phone
6504175977
Signed
2023-05-24
Discuss with paid preparer
No

Preparer

Firm
Sagarmatha Accounting Services
Address
P O Box 2608, Sunnyvale, CA 94087
Preparer
Bishnu Karki
Phone
4083064013
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Relationship NECO FOUNDATION NEPAL Amount 61,910”

Description of other expenses Part I line 16

“Description AmountMAILCHIMP PURCHASE 265TRAVEL EXPENSES 3,347OTHERS EXPENSES 288VITAMINS FOR CHILD 84BANK SERVICE CHARGE 213GASS FOUNDATION 2,500”

Raw XML Appendix126 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NECO FOUNDATION
IRS990EZ/BooksInCareOfDetail/PhoneNum06504175977
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 COLUMBINE DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hercules
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094547
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03650
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06114
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt071071
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02464
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt03650
IRS990EZ/Form990TotalAssetsGrp/EOYAmt06114
IRS990EZ/GrantsAndSimilarAmountsPaidAmt061910
IRS990EZ/GrossReceiptsAmt071071
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt03650
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06114
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt03650
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06114
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BISHWO BHATTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt06697
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE EDUCATIONAL ACTIVITIES IN NPL
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0GIVING GOOD EDUCATION TO ORPHANED CHILDERN IN NEPAL
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt071071
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt068606
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt068607
IRS990EZ/TotalProgramServiceExpensesAmt068606
IRS990EZ/TotalRevenueAmt071071
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt071071
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt099994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0159242
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089373
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0419680
IRS990ScheduleA/PublicSupportCY170Pct00.76860
IRS990ScheduleA/PublicSupportPY170Pct00.77610
IRS990ScheduleA/PublicSupportTotal170Amt0322586
IRS990ScheduleA/SubstantialContributorsTotAmt097094
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt071071
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt099994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0159242
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt089373
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0419680
IRS990ScheduleA/TotalSupportAmt0419680
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Relationship NECO FOUNDATION NEPAL Amount 61,910
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMAILCHIMP PURCHASE 265TRAVEL EXPENSES 3,347OTHERS EXPENSES 288VITAMINS FOR CHILD 84BANK SERVICE CHARGE 213GASS FOUNDATION 2,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0BISHOW BHATTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06504175977
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NECO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0NECO
ReturnHeader/Filer/EIN0273067897
ReturnHeader/Filer/USAddress/AddressLine1Txt0208 COLUMBINE DR
ReturnHeader/Filer/USAddress/CityNm0Hercules
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094547
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sagarmatha Accounting Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 2608
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sunnyvale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094087
ReturnHeader/PreparerPersonGrp/PhoneNum04083064013
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Bishnu Karki
ReturnHeader/ReturnTs02023-06-15T20:21:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BISHOW
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BHATTA
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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.

Open filing
Assets
$6,114
Liabilities
$0
Net assets
$6,114
Revenue
$71,071
Expenses
$68,607
Net income
$2,464
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.81$0.80$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.99$0.99$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.93$0.91$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.71$0.69$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$1.00$0.96$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$1.12$1.18$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$1.59$1.46$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.89$0.89$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.60$0.62$0.02