Civic Intelligence

The Learning and Achievement Foundation Incorpprated

990 • Fiscal year 2016 • EIN 33-0719345

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 07, 2016

Organization Profile
18760 E Colima RoadRowland Heights, CA 91748

(626) 964-9588

Siviq Scores

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

Liabilities / Assets

84th percentile

0.64x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.29x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

53rd percentile

3.0%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$102,500

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

18th percentile

-6.6%

Faster asset growth than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Revenue Growth

29th percentile

-5.8%

Faster revenue growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$702,350

Down $101,954 (-13%) from 2014

Net Assets

Up

$251,684

Up $151,855 (+152%) from 2014

Liabilities

Down

$450,666

Down $253,809 (-36%) from 2014

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin53rd percentile

Revenue

Down

$1,540,419

Down $194,098 (-11%) from 2014

Expenses

Down

$1,493,673

Down $159,985 (-9.7%) from 2014

Net Income

Down

$46,746

Down $34,113 (-42%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2012: $837,340Liabilities 2012: $205,712Net Assets 2012: $631,6282012Assets 2013: $1,001,861Liabilities 2013: $982,891Net Assets 2013: $18,9702013Assets 2014: $804,304Liabilities 2014: $704,475Net Assets 2014: $99,8292014Assets 2016: $702,350Liabilities 2016: $450,666Net Assets 2016: $251,6842016Assets 2017: $737,105Liabilities 2017: $438,541Net Assets 2017: $298,5642017Assets 2018: $573,529Liabilities 2018: $222,974Net Assets 2018: $350,5552018Assets 2019: $313,754Liabilities 2019: $357,440Net Assets 2019: -$43,6862019Assets 2020: $294,240Liabilities 2020: $717,257Net Assets 2020: -$423,0172020Assets 2021: $228,748Liabilities 2021: $1,010,831Net Assets 2021: -$782,0832021Assets 2022: $292,526Liabilities 2022: $1,343,842Net Assets 2022: -$1,051,3162022Assets 2023: $235,769Liabilities 2023: $1,618,175Net Assets 2023: -$1,382,4062023Assets 2024: $213,634Liabilities 2024: $1,922,256Net Assets 2024: -$1,708,6222024

Highlighted filing

2016

Assets$702,350
Liabilities$450,666
Net Assets$251,684
Open 2016 Filing

Operations Trend

Revenue Growth29th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $776,2092012Expenses 2013: $1,918,6482013Revenue 2014: $1,734,517Expenses 2014: $1,653,658Net Income 2014: $80,8592014Revenue 2016: $1,540,419Expenses 2016: $1,493,673Net Income 2016: $46,7462016Revenue 2017: $1,285,459Expenses 2017: $1,238,579Net Income 2017: $46,8802017Revenue 2018: $1,169,403Expenses 2018: $1,117,412Net Income 2018: $51,9912018Revenue 2019: $696,043Expenses 2019: $1,090,284Net Income 2019: -$394,2412019Revenue 2020: $381,924Expenses 2020: $761,253Net Income 2020: -$379,3292020Revenue 2021: $145,540Expenses 2021: $504,607Net Income 2021: -$359,0672021Revenue 2022: $171,937Expenses 2022: $441,171Net Income 2022: -$269,2342022Revenue 2023: $125,238Expenses 2023: $456,329Net Income 2023: -$331,0912023Revenue 2024: $108,350Expenses 2024: $434,565Net Income 2024: -$326,2152024

Highlighted filing

2016

Revenue$1,540,419
Expenses$1,493,673
Net Income$46,746
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 7, 2016
Return Version
2015v2.1
Gross Receipts
$1,540,419
Mission and Program Overview

Mission

Prepare students from different cultures and language backgrounds to learn independently, communicate effectively in English, succeed in university education and contribute too the 21th century multicultural world

The organization sponsors exchange visitors from all parts of the world to study in a public high school while staying with American host families. These students wnhence their social and academic capabilities while building their English language skills and their understanding of different cultures.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$604,087$470,834▼ $133,253
Land, Buildings, and Equipment, Net$74,103$69,604▼ $4,499
Investments in Publicly Traded Securities$31,012$31,017▲ $5
Intangible Assets$11,708--
Inventories for Sale or Use-$9,965-
Accounts Receivable$640$7,801▲ $7,161
Total Assets$730,185$702,350▼ $27,835
Other Assets Total$8,635$113,129▲ $104,494
Liabilities
Other Liabilities$317,727$274,066▼ $43,661
Unsecured Notes Loans Payable$203,373$144,754▼ $58,619
Accounts Payable and Accrued Expenses$4,146$31,846▲ $27,700
Total Liabilities$525,246$450,666▼ $74,580
Net Assets / Fund Balance
Unrestricted Net Assets$204,939$251,684▲ $46,745
Total Net Assets Fund Balance$204,939$251,684▲ $46,745
Total Liabilities and Net Assets / Fund Balance$730,185$702,350▼ $27,835

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$18,995$96,671$115,666
Equipment$3,642$85,296$88,938
Buildings$46,414$37,389$83,803
Other Land Buildings$553$43$596
Other Assets Org$484--
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseTotal
George WangPresident DirectorPT$102,500$102,500
Sharon YangSecretary DirectorPT$61,500$61,500

Board Members and Trustees

NameTitle
Chi Ho ChongDirector
Fei Wen ChenDirector
King Eei ChenDirector
Shi Jun ZhengDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,540,413
Investment Income
$6
Other Revenue
$0
Change in Net Assets
$46,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$778,828
Other Expenses$714,345
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$541,739--$541,739
Occupancy$264,555--$264,555
All Other Expenses$251,908--$251,908
Current Officers, Directors, Trustees, and Key Employees$164,000--$164,000
Payroll Taxes$71,322--$71,322
Insurance$46,326--$46,326
Other Expenses$31,743--$31,743
Advertising$19,346--$19,346
Depreciation Depletion$12,997--$12,997
Fees for Services Accounting$8,342--$8,342
Travel$6,954--$6,954
Office Expenses$2,988--$2,988
Conferences and Meetings$2,145--$2,145
Other Employee Benefits$1,767--$1,767
Grants to Domestic Orgs$500--$500
Fees for Services Legal$300--$300
Total Functional Expenses$1,493,673$0$0$1,493,673
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Activities and Field Trip Fee$164,436
Deffered Credit - Uniform$70,290
Student Housing Fund$33,540
F-1 SEVIS i90 i Fee$4,200
Federal income taxes$1,600
Student Medical Insurance Fund-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Section B, Line 11A

“Copy of form 990 was distributed to the government board before filed.”

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

“Every board member is required to fill out a questionaire to disclose the information.”

Form 990, Part VI, Section B, Line 15A

“All the compensation to officers, executive directors or top managements are required to be approved in the annual board meeting.”

Filing and Contact Details

Filer

Filer Name
The Learning and Achievement Foundation Incorpprated
EIN
33-0719345
Phone
6269649588
Address
18760 E Colima Road, Rowland Heights, CA 91748

Signing Officer

Name
George Wang
Title
President
Phone
6269649588
Signed
2016-09-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Wang
Formed
1996
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
22

Preparer

Firm
SHIH's CPA
Address
16946 Ridge Park Dr, Hacienda Heights, CA 91745
Preparer
Chung Hsin Stanley Shih
Phone
6268104955
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Total other expenses Business meals 1.992 Due and Subscription 2,252 Equipment rental 7,994 Freight/Delivery 794 Internet Service 2,436 Marketing Service 194,754 Printing 289 Supplies 7,411 Taxes 15,615 Testing Expenses 3,329 Utilities 17,806 Bank service charges -2,764 Total Other Expenses 251,908.”

Raw XML AppendixShowing 400 of 419 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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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018995
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt096671
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0115666
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07650
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1104995
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2484
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposit - Student Housing Fund
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Short Term prepaid
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Referance Book
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0553
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt043
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0596
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt270290
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3164436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt433540
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1F-1 SEVIS i90 i Fee
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Deffered Credit - Uniform
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Activities and Field Trip Fee
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Student Housing Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Student Medical Insurance Fund
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt069604
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0113129
IRS990ScheduleD/TotalLiabilityAmt0274066
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copy of form 990 was distributed to the government board before filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Every board member is required to fill out a questionaire to disclose the information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All the compensation to officers, executive directors or top managements are required to be approved in the annual board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Total other expenses Business meals 1.992 Due and Subscription 2,252 Equipment rental 7,994 Freight/Delivery 794 Internet Service 2,436 Marketing Service 194,754 Printing 289 Supplies 7,411 Taxes 15,615 Testing Expenses 3,329 Utilities 17,806 Bank service charges -2,764 Total Other Expenses 251,908.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0730185
IRS990/TotalAssetsEOYAmt0702350
IRS990/TotalAssetsGrp/BOYAmt0730185
IRS990/TotalAssetsGrp/EOYAmt0702350
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01493673
IRS990/TotalFunctionalExpensesGrp/TotalAmt01493673
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0525246
IRS990/TotalLiabilitiesEOYAmt0450666
IRS990/TotalLiabilitiesGrp/BOYAmt0525246
IRS990/TotalLiabilitiesGrp/EOYAmt0450666
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0204939
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0251684
IRS990/TotalProgramServiceExpensesAmt01493673
IRS990/TotalProgramServiceRevenueAmt01540413
IRS990/TotalReportableCompFromOrgAmt0164000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01540419
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01540419
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0730185
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0702350
IRS990/TravelGrp/ProgramServicesAmt06954
IRS990/TravelGrp/TotalAmt06954
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0204939
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0251684
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0203373
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0144754
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01781 Kashlan Road
IRS990/USAddress/CityNm0La Habra
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090631
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0George Wang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06269649588
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Learning and Achievement Foundation Incorpprated
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0330719345

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$702,350
Liabilities
$450,666
Net assets
$251,684
Revenue
$1,540,419
Expenses
$1,493,673
Net income
$46,746
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.21$1.92$1.71$0.11$0.43$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$1.62$1.38$0.13$0.46$0.33
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$1.34$1.05$0.17$0.44$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$1.01$0.78$0.15$0.50$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.72$0.42$0.38$0.76$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.36$0.04$0.70$1.09$0.39
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.22$0.35$1.17$1.12$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.74$0.44$0.30$1.29$1.24$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.45$0.25$1.54$1.49$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.70$0.10$1.73$1.65$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.98$0.02$1.92
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.21$0.63$0.78