Civic Intelligence

The Advance Charitable and Educational Fund

990EZ • Fiscal year 2023 • EIN 30-0240855

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 04, 2024

CO 2719 Hollywood Blvd A-2023Hollywood, FL 33020

(954) 998-1190

Siviq Scores

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

Liabilities / Assets

85th percentile

0.02x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Asset Growth

45th percentile

-0.1%

Faster asset growth than 45% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$223,493

Down $293 (-0.1%) from 2022

Net Assets

Down

$218,443

Down $1,443 (-0.7%) from 2022

Liabilities

Up

$5,050

Up $1,150 (+29%) from 2022

Revenue

Down

$0

Down $16,474 (-100%) from 2022

Expenses

Down

$5,344

Down $78,550 (-94%) from 2022

Net Income

Up

-$5,344

Up $62,076 (+92%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $3,554Liabilities 2011: $165,570Net Assets 2011: -$162,0162011Assets 2012: $99,828Liabilities 2012: $172,029Net Assets 2012: -$72,2012012Assets 2013: $70,494Liabilities 2013: $35,812Net Assets 2013: $34,6822013Assets 2015: $142,356Liabilities 2015: $137,015Net Assets 2015: $5,3412015Assets 2016: $70,930Liabilities 2016: $150,577Net Assets 2016: -$79,6472016Assets 2017: $1,533,651Liabilities 2017: $1,714,570Net Assets 2017: -$180,9192017Assets 2019: $711,470Liabilities 2019: $832,981Net Assets 2019: -$121,5112019Assets 2021: $318,677Liabilities 2021: $27,471Net Assets 2021: $291,2062021Assets 2022: $223,786Liabilities 2022: $3,900Net Assets 2022: $219,8862022Assets 2023: $223,493Liabilities 2023: $5,050Net Assets 2023: $218,4432023

Highlighted filing

2023

Assets$223,493
Liabilities$5,050
Net Assets$218,443

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $824,5532011Expenses 2012: $813,2922012Revenue 2013: $614,665Expenses 2013: $507,782Net Income 2013: $106,8832013Revenue 2015: $620,206Expenses 2015: $651,476Net Income 2015: -$31,2702015Revenue 2016: $753,195Expenses 2016: $838,183Net Income 2016: -$84,9882016Revenue 2017: $669,106Expenses 2017: $770,378Net Income 2017: -$101,2722017Revenue 2019: $785,878Expenses 2019: $686,802Net Income 2019: $99,0762019Revenue 2021: $388,259Expenses 2021: $349,451Net Income 2021: $38,8082021Revenue 2022: $16,474Expenses 2022: $83,894Net Income 2022: -$67,4202022Revenue 2023: $0Expenses 2023: $5,344Net Income 2023: -$5,3442023

Highlighted filing

2023

Revenue$0
Expenses$5,344
Net Income-$5,344
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 4, 2024
Return Version
2022v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

To provide a number of educational and charitable projects including fellowships, achievement recognition and artistic development.

To provide educational and charitable projects including fellowships, achievement recognitions and artistic development.

Program Services

DescriptionGrantsExpenses
INNOVATION SUMMIT- ANNUAL EVENT THAT SHOWCASES AUSTRALIAN INNOVATION AND BUSINESSES TO THE US MARKET, CONNECTS THE NEXT GENERATION OF AUSTRALIAN ENTREPRENEURS AND INNOVATIONS WITH DYNAMIC GLOBAL NETWORKS, KEY BUSINESS INSIDERS AND INVESTOR AND PROVIDES MENTORING TO AUSTRALIAN UNIVERSITY STUDENTS.$0$517
ADVANCE GLOBAL AUSTRALIAN AWARDS- AWARDS GIVEN TO SELECT AUSTRALIAN INDIVIDUALS LIVING OVERSEAS WHO EXHIBIT REMARKABLE TALENT, EXCEPTIONAL VISION, AMBITION AND WHO ARE FUTURE LEADERS AND INNOVATORS IN THEIR CHOSEN FIELD.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANDREW LOWChair-$0--
LOUISE THURGOODBoard Member-$0--
CHRIS ROBERT BOSHUIZENBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
The Advance Charitable and Educational
EIN
30-0240855
Phone
9549981190
Address
CO 2719 HOLLYWOOD BLVD A-2023, HOLLYWOOD, FL 33020

Signing Officer

Name
Kate Mcquestin
Title
CEO
Phone
9549981190
Signed
2024-10-04
Discuss with paid preparer
Yes

Preparer

Firm
Gratus CPA & Advisors Inc
Address
2719 HOLLYWOOD BLVD A-2023, HOLLYWOOD, FL 33020
Preparer
Shaddai Benet CPA Msa
Phone
9549981190
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank charges. Amount: 155. Description: insurance. Amount: 517. Description: unrealized foreign exchange loss. Amount: 1,167. Description: administrative costs. Amount: 1,105. Total to form 990-ez, line 16: 2,944.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustment. Amount: 3,901.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses and deferred charges. Beg. Of year amount: 166,707. End of year amount: 0. Description: due from affiliates. Beg. Of year amount: 0. End of year amount: 202,470.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable and accrued expenses. Beg. Of year amount: 3,900. End of year amount: 5,050.

Raw XML Appendix157 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum09549981190
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0C/O 2719 HOLLYWOOD BLVD A-2023
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HOLLYWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033020
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt057079
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt021023
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-5344
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02400
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeCountryCd0AS
IRS990EZ/ForeignOfficeInd01
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0223786
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0223493
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0219886
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0218443
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0219886
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0218443
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANDREW LOW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LOUISE THURGOOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRIS ROBERT BOSHUIZEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0166707
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0202470
IRS990EZ/OtherChangesInNetAssetsAmt03901
IRS990EZ/OtherExpensesTotalAmt02944
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL AND CHARITABLE PROJECTS INCLUDING FELLOWSHIPS, ACHIEVEMENT RECOGNITIONS AND ARTISTIC DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INNOVATION SUMMIT- ANNUAL EVENT THAT SHOWCASES AUSTRALIAN INNOVATION AND BUSINESSES TO THE US MARKET, CONNECTS THE NEXT GENERATION OF AUSTRALIAN ENTREPRENEURS AND INNOVATIONS WITH DYNAMIC GLOBAL NETWORKS, KEY BUSINESS INSIDERS AND INVESTOR AND PROVIDES MENTORING TO AUSTRALIAN UNIVERSITY STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ADVANCE GLOBAL AUSTRALIAN AWARDS- AWARDS GIVEN TO SELECT AUSTRALIAN INDIVIDUALS LIVING OVERSEAS WHO EXHIBIT REMARKABLE TALENT, EXCEPTIONAL VISION, AMBITION AND WHO ARE FUTURE LEADERS AND INNOVATORS IN THEIR CHOSEN FIELD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0517
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03900
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05050
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05344
IRS990EZ/TotalProgramServiceExpensesAmt0517
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ADVANCE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt016471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0362238
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0568327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0389874
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01336910
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt026023
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04168
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt025941
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0-1402
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0-11506
IRS990ScheduleA/OtherIncome170Grp/TotalAmt017201
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96870
IRS990ScheduleA/PublicSupportPY170Pct00.99880
IRS990ScheduleA/PublicSupportTotal170Amt01336910
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt016471
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0362238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0568327
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0389874
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01336910
IRS990ScheduleA/TotalSupportAmt01380134
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK CHARGES. AMOUNT: 155. DESCRIPTION: INSURANCE. AMOUNT: 517. DESCRIPTION: UNREALIZED FOREIGN EXCHANGE LOSS. AMOUNT: 1,167. DESCRIPTION: ADMINISTRATIVE COSTS. AMOUNT: 1,105. TOTAL TO FORM 990-EZ, LINE 16: 2,944.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PRIOR PERIOD ADJUSTMENT. AMOUNT: 3,901.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSES AND DEFERRED CHARGES. BEG. OF YEAR AMOUNT: 166,707. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE FROM AFFILIATES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 202,470.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 3,900. END OF YEAR AMOUNT: 5,050.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReasonableCauseExplanation/ExplanationTxt0THE ORGANIZATION IS REQUESTING RELIEF FOR LATE FILING DUE TO REASONABLE CAUSE. MANAGEMENT MADE SEVERAL ATTEMPTS WITH THE PRIOR ACCOUNTANT TO FILE THE TAX RETURN TIMELY. UNFORTUNATELY, THE PRIOR ACCOUNTANT WHOM IS IN THE UNITED STATES WAS NOT RESPONSIVE. MANAGEMENT WHOM IS IN AUSTRALIA HAD A HARD TIME HIRING A NEW ACCOUNTANT IN THE UNITED STATES THAT WOULD FILE THE TAX RETURN DUE TO THE SIZE OF THE FILING. ONCE THEY WERE ABLE TO MEET AND HIRE A NEW ACCOUNTANT, THE TAX RETURNS WERE FILED. ORDINARY BUSINESS CARE AND PRUDENCE WAS EXERCISED AND THERE WAS NO WILLFUL NEGLECT.
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATE MCQUESTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09549981190
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE ADVANCE CHARITABLE AND EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND
ReturnHeader/Filer/BusinessNameControlTxt0ADVA
ReturnHeader/Filer/EIN0300240855
ReturnHeader/Filer/PhoneNum09549981190
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO 2719 HOLLYWOOD BLVD A-2023
ReturnHeader/Filer/USAddress/CityNm0HOLLYWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033020
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0921035790
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRATUS CPA & ADVISORS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02719 HOLLYWOOD BLVD A-2023
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOLLYWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033020
ReturnHeader/PreparerPersonGrp/PhoneNum09549981190
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHADDAI BENET CPA MSA
ReturnHeader/ReturnTs02024-10-14T14:39:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings