Civic Intelligence

Aster Study Center Inc

990 • Fiscal year 2021 • EIN 27-4367432

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 03, 2022

162 N Orange DriveLos Angeles, CA 90036

(323) 424-4426

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.02x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

39th percentile

1.7%

Higher net margin than 39% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$8,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

52nd percentile

6.7%

Faster asset growth than 52% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

48th percentile

2.0%

Faster revenue growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$159,321

Up $10,058 (+6.7%) from 2020

Net Assets

Up

$153,902

Up $5,333 (+3.6%) from 2020

Liabilities

Up

$5,419

Up $4,725 (+681%) from 2020

Revenue

Up

$313,809

Up $6,185 (+2.0%) from 2020

Expenses

Up

$308,476

Up $41,526 (+16%) from 2020

Net Income

Down

$5,333

Down $35,341 (-87%) from 2020

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2018: $150,010Liabilities 2018: $13,866Net Assets 2018: $136,1442018Assets 2019: $121,457Liabilities 2019: $13,562Net Assets 2019: $107,8952019Assets 2020: $149,263Liabilities 2020: $694Net Assets 2020: $148,5692020Assets 2021: $159,321Liabilities 2021: $5,419Net Assets 2021: $153,9022021Assets 2022: $176,386Liabilities 2022: $10,924Net Assets 2022: $165,4622022Assets 2023: $155,496Liabilities 2023: $5,606Net Assets 2023: $149,8902023Assets 2024: $132,473Liabilities 2024: $1,000Net Assets 2024: $131,4732024

Highlighted filing

2021

Assets$159,321
Liabilities$5,419
Net Assets$153,902

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2018: $318,051Expenses 2018: $262,612Net Income 2018: $55,4392018Revenue 2019: $242,640Expenses 2019: $270,889Net Income 2019: -$28,2492019Revenue 2020: $307,624Expenses 2020: $266,950Net Income 2020: $40,6742020Revenue 2021: $313,809Expenses 2021: $308,476Net Income 2021: $5,3332021Revenue 2022: $307,405Expenses 2022: $295,845Net Income 2022: $11,5602022Revenue 2023: $288,192Expenses 2023: $303,764Net Income 2023: -$15,5722023Revenue 2024: $303,500Expenses 2024: $321,917Net Income 2024: -$18,4172024

Highlighted filing

2021

Revenue$313,809
Expenses$308,476
Net Income$5,333
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 3, 2022
Return Version
2021v4.0
Gross Receipts
$313,809
Mission and Program Overview

Mission

Help women of all ages appreciate homemaking as an art and a science by applying the principles of the hospitality industry to home management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$97,569$90,019▼ $7,550
Cash and Non-Interest-Bearing Accounts$36,428$49,031▲ $12,603
Savings and Temporary Cash Investments$15,266$20,271▲ $5,005
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$149,263$159,321▲ $10,058
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$694$5,419▲ $4,725
Total Liabilities$694$5,419▲ $4,725
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$148,569$153,902▲ $5,333
Total Net Assets Fund Balance$148,569$153,902▲ $5,333
Total Liabilities and Net Assets / Fund Balance$149,263$159,321▲ $10,058

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$80,904$12,795$93,699
Equipment$9,115$16,926$26,041
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephanie MascariBoard MemberPT$8,000$8,000

Board Members and Trustees

NameTitle
Edelisa UyBoard Member
Karla Ycasiano-AcenasBoard Member
Marita BarberBoard Member
Nancy KuriaBoard Member
Rosario EquihuaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$142,374
Program Service Revenue
$171,330
Investment Income
$105
Other Revenue
$0
All Other Contributions
$142,374
Change in Net Assets
$5,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$160,701
Other Expenses$147,775
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Employee Benefits$61,260$15,315-$76,575
Other Salaries and Wages$55,285$13,821-$69,106
Occupancy$37,106$9,277-$46,383
Travel$4,989$14,967-$19,956
Conferences and Meetings$11,502$2,876-$14,378
Current Officers, Directors, Trustees, and Key Employees-$8,000-$8,000
Depreciation Depletion$6,040$1,510-$7,550
Payroll Taxes$5,616$1,404-$7,020
All Other Expenses$4,519$2,351-$6,870
Other Expenses$1,856$464-$2,320
Fees for Services Accounting$400$100-$500
Total Functional Expenses$215,588$92,888$0$308,476
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 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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The return is reviewed by an officer or board member prior to filing and then is presented at the next board meeting for the boards review.

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

The organization continually monitors the policies and on an annual basis has officers, directors and key employees review the plan and sign a signature page that they have read the policy and are in compliance.

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

Upon request all documents will be provided.

Filing and Contact Details

Filer

Filer Name
Aster Study Center Inc
EIN
27-4367432
Phone
3234244426
Address
162 N Orange Drive, Los Angeles, CA 90036

Signing Officer

Name
Rosario Equihua
Title
Secretary
Signed
2022-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosario Equihua
Formed
2010
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
5
Employees
25
Volunteers
5

Preparer

Firm
Jackson Downs & Tsuruda
Address
1985 Bonifacio Street Ste 201, Concord, CA 94520
Preparer
Gary P Downs CPA PFS
Phone
9256891360
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0155041
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0158944
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0168171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0793764
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt080904
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The return is reviewed by an officer or board member prior to filing and then is presented at the next board meeting for the boards review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization continually monitors the policies and on an annual basis has officers, directors and key employees review the plan and sign a signature page that they have read the policy and are in compliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request all documents will be provided.
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
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IRS990/USAddress/AddressLine1Txt0162 N Orange Drive

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