Civic Intelligence

The Learning and Achievement Foundation Incorpprated

990 • Fiscal year 2021 • EIN 33-0719345

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 08, 2021

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

98th percentile

4.42x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

6.95x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

4th percentile

-247%

Higher net margin than 4% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

17th percentile

-22%

Faster asset growth than 17% of similar nonprofits.

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

Revenue Growth

13th percentile

-62%

Faster revenue growth than 13% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$228,748

Down $65,492 (-22%) from 2020

Net Assets

Down

-$782,083

Down $359,066 (-85%) from 2020

Liabilities

Up

$1,010,831

Up $293,574 (+41%) from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin4th percentile

Revenue

Down

$145,540

Down $236,384 (-62%) from 2020

Expenses

Down

$504,607

Down $256,646 (-34%) from 2020

Net Income

Up

-$359,067

Up $20,262 (+5.3%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth17th 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

2021

Assets$228,748
Liabilities$1,010,831
Net Assets-$782,083
Open 2021 Filing

Operations Trend

Revenue Growth13th 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

2021

Revenue$145,540
Expenses$504,607
Net Income-$359,067
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 8, 2021
Return Version
2020v4.1
Gross Receipts
$145,540
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
Land, Buildings, and Equipment, Net$77,285$70,467▼ $6,818
Inventories for Sale or Use$43,380$43,380→ $0
Cash and Non-Interest-Bearing Accounts$15,217$18,265▲ $3,048
Accounts Receivable$72,302$10,580▼ $61,722
Total Assets$294,240$228,748▼ $65,492
Other Assets Total$86,056$86,056→ $0
Liabilities
Unsecured Notes Loans Payable$585,566$894,570▲ $309,004
Accounts Payable and Accrued Expenses$90,000$94,272▲ $4,272
Other Liabilities$41,691$21,989▼ $19,702
Total Liabilities$717,257$1,010,831▲ $293,574
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-423,017$-782,083▼ $359,066
Total Net Assets Fund Balance$-423,017$-782,083▼ $359,066
Total Liabilities and Net Assets / Fund Balance$294,240$228,748▼ $65,492

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$31,102$113,162$144,264
Buildings$35,669$49,034$84,703
Other Land Buildings$1,830$81,576$83,406
Equipment$1,866$11,522$13,388
Other Assets Org$78,406--
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
George WangPresident Director
Fei Wen ChenDirector
King Eei ChenDirector
Shi Jun ZhengDirector
Sharon YangSecretary Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$145,540
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-359,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$377,735
Salaries, Compensation, and Employee Benefits$126,872
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$238,028--$238,028
Other Salaries and Wages$106,260--$106,260
All Other Expenses$38,863--$38,863
Insurance$35,781--$35,781
Interest$25,345--$25,345
Payroll Taxes$10,612--$10,612
Advertising$10,353--$10,353
Current Officers, Directors, Trustees, and Key Employees$10,000--$10,000
Depreciation Depletion$6,818--$6,818
Travel$1,773--$1,773
Conferences and Meetings$1,271--$1,271
Fees for Services Accounting$1,200--$1,200
Other Expenses$300--$300
Total Functional Expenses$504,607$0$0$504,607
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
Deffered Credit - Uniform$10,087
F-1 SEVIS I-901 Fee$10,052
Activities and Field Trip Fee$1,500
Federal income taxes$350
Student Housing Fund-
Student Medical Insurance Fund-
Accrued Expenses-
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 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, Section B, Line 11A

“Copies of Form 990 were distributed to the government board before filing”

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

“Every Board member is required to fill out a questionaire to ddisclose the information.”

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

“All the compensation to the officers, executive directors or top managements are requires ro 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
Signed
2021-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Wang
Formed
1996
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
11

Preparer

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

Additional Explanations

Form 990, Part IX, Line 23E

“Total other expenses Bank Service Charge 2,170 Business Meals 17 Due and Subcriptions 1,344 Equipment Rental 1,163 Freight/Delivery 339 School Expenses 2,033 Supplies 3,117 Tax - Business Property 11,815 Tax - Corporation 2,418 Utility 13,792 Total Other Expenses 38,863.”

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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/OtherLiabilitiesOrgGrp/Desc3Activities and Field Trip Fee
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4Student Housing Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5Student Medical Insurance Fund
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6Accrued Expenses
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt070467
IRS990ScheduleD/TotalBookValueOtherAssetsAmt086056
IRS990ScheduleD/TotalLiabilityAmt021989
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt15000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0George Wang
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Sharon Yang
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Shi Jun Zheng
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Fei Wen Chen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4King Eei Chen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Secretary Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt15000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copies of Form 990 were distributed to the government board before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Every Board member is required to fill out a questionaire to ddisclose the information.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All the compensation to the officers, executive directors or top managements are requires ro be approved in the annual board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Total other expenses Bank Service Charge 2,170 Business Meals 17 Due and Subcriptions 1,344 Equipment Rental 1,163 Freight/Delivery 339 School Expenses 2,033 Supplies 3,117 Tax - Business Property 11,815 Tax - Corporation 2,418 Utility 13,792 Total Other Expenses 38,863.
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 23e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0294240
IRS990/TotalAssetsEOYAmt0228748
IRS990/TotalAssetsGrp/BOYAmt0294240
IRS990/TotalAssetsGrp/EOYAmt0228748
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0504607
IRS990/TotalFunctionalExpensesGrp/TotalAmt0504607
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0717257
IRS990/TotalLiabilitiesEOYAmt01010831
IRS990/TotalLiabilitiesGrp/BOYAmt0717257
IRS990/TotalLiabilitiesGrp/EOYAmt01010831
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-423017
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-782083
IRS990/TotalProgramServiceExpensesAmt0504607
IRS990/TotalProgramServiceRevenueAmt0145540
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0145540
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0294240
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0228748
IRS990/TravelGrp/ProgramServicesAmt01773
IRS990/TravelGrp/TotalAmt01773
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0585566
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0894570
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01781 Kashlan Road
IRS990/USAddress/CityNm0La Habra
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090631
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0George Wang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Learning and Achievement Foundation Incorpprated
ReturnHeader/Filer/BusinessNameControlTxt0LEAR
ReturnHeader/Filer/EIN0330719345
ReturnHeader/Filer/PhoneNum06269649588
ReturnHeader/Filer/USAddress/AddressLine1Txt018760 E Colima Road
ReturnHeader/Filer/USAddress/CityNm0Rowland Heights
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091748
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHIH'S CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016946 Ridge Park Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hacienda Heights

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$228,748
Liabilities
$1,010,831
Net assets
-$782,083
Revenue
$145,540
Expenses
$504,607
Net income
-$359,067
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
2021Detailed filing. Detailed filing data is available for this year.$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