Civic Intelligence

Azar Foundation Inc

990 • Fiscal year 2015 • EIN 45-2670332

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 03, 2016

1500 Marilla St Ste Lb20Dallas, TX 75201

(888) 601-5580

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$76,229

Flat from 2015

Net Assets

Flat

$76,229

Flat from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses

Revenue

Flat

$981,751

Flat from 2015

Expenses

Flat

$989,074

Flat from 2015

Net Income

Flat

-$7,323

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2012: $16,728Liabilities 2012: $17,0592012Assets 2013: $41,404Liabilities 2013: $6,3182013Assets 2014: $54,561Liabilities 2014: $0Net Assets 2014: $54,5612014Assets 2015: $76,229Liabilities 2015: $0Net Assets 2015: $76,2292015Assets 2015: $76,229Liabilities 2015: $0Net Assets 2015: $76,2292015Assets 2016: $88,021Liabilities 2016: $0Net Assets 2016: $88,0212016Assets 2017: $93,286Liabilities 2017: $0Net Assets 2017: $93,2862017Assets 2018: $145Liabilities 2018: $0Net Assets 2018: $1452018Assets 2019: $171Liabilities 2019: $0Net Assets 2019: $1712019Assets 2020: $23,466Liabilities 2020: $65,000Net Assets 2020: -$41,5342020Assets 2021: $23,778Liabilities 2021: $65,000Net Assets 2021: -$41,2222021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2015

Assets$76,229
Liabilities$0
Net Assets$76,229

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $83,278Expenses 2012: $83,609Net Income 2012: -$3312012Revenue 2013: $83,156Expenses 2013: $55,930Net Income 2013: $27,2262013Revenue 2014: $471,968Expenses 2014: $394,456Net Income 2014: $77,5122014Revenue 2015: $981,751Expenses 2015: $989,074Net Income 2015: -$7,3232015Revenue 2015: $981,751Expenses 2015: $989,074Net Income 2015: -$7,3232015Revenue 2016: $126,878Expenses 2016: $136,689Net Income 2016: -$9,8112016Revenue 2017: $152,365Expenses 2017: $146,947Net Income 2017: $5,4182017Revenue 2018: $75,067Expenses 2018: $80,135Net Income 2018: -$5,0682018Revenue 2019: $153,004Expenses 2019: $152,978Net Income 2019: $262019Revenue 2020: $34,446Expenses 2020: $67,825Net Income 2020: -$33,3792020Revenue 2021: $110,418Expenses 2021: $127,918Net Income 2021: -$17,5002021Revenue 2022: $193,335Expenses 2022: $152,113Net Income 2022: $41,2222022

Highlighted filing

2015

Revenue$981,751
Expenses$989,074
Net Income-$7,323
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 3, 2016
Return Version
2014v6.0
Gross Receipts
$981,751
Mission and Program Overview

Mission

Azar foundation's mission is to meet the needs of youth (especially those in economically disadvantaged, high risk environments) to bring about a positive change while supporting families, by focusing on hunger relief, educational excellence, health, community service, missions, and economic empowerment.

To meet the needs of youth (especially those in high risk environments); to bring about a positive change by focusing on hunger relief, education, health and community service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$22,529$54,561▲ $32,032
Land, Buildings, and Equipment, Net$32,032$21,668▼ $10,364
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$54,561$76,229▲ $21,668
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$54,561$76,229▲ $21,668
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$54,561$76,229▲ $21,668
Total Liabilities and Net Assets / Fund Balance$54,561$76,229▲ $21,668

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,152$24,608$32,760
Other Land Buildings$13,516$4,684$18,200
Compensation and Service Providers

Employees

NameTitleBaseTotal
Charlotte AllenCEO$22,101$22,101

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$981,751
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$36,794
Change in Net Assets
$-7,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$963,173
Salaries, Compensation, and Employee Benefits$25,901
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$605,849--$605,849
Fees for Services Other$143,365$0$0$143,365
Occupancy$87,035$599-$87,634
Fees for Services Management$38,363--$38,363
Conferences and Meetings$36,646--$36,646
Travel$7,985$14,166-$22,151
Current Officers, Directors, Trustees, and Key Employees-$22,101-$22,101
Office Expenses$18,730$217-$18,947
Depreciation Depletion$7,323--$7,323
Other Salaries and Wages-$3,800-$3,800
Fees for Services Accounting$1,895--$1,895
Fees for Services Legal$1,000--$1,000
Total Functional Expenses$948,191$40,883$0$989,074
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Azar Foundation Inc
EIN
45-2670332
In Care Of
% CHARLOTTE ALLEN
Phone
8886015580
Address
1500 MARILLA ST STE LB20, DALLAS, TX 75201

Signing Officer

Name
Charlotte Allen
Title
President & CEO
Phone
8886015580
Signed
2016-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charlotte Allen
Formed
2011
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
1
Volunteers
25

Preparer

Firm
Bruce E Bernstien & Assoc Pc
Address
10440 N CENTRAL EXPRESSWAY STE 1040, DALLAS, TX 75231
Preparer
Bruce E Bernstien
Phone
2147060840
Supplemental Narrative

Additional Explanations

The Process to Review the Form 990

Form 990, part vi, line 11b: the form 990 is prepared by an independent public accounting firm. It is then reviewed by management and the board of directors. Any changes requested by management and/or the board of directors are made to the form 990 before it is filed with the internal revenue service.

Monitor & Enforce Compliance With the Written Conflict of Interest Policy

Form 990, part vi, line 12c: the organization regularly and consistently monitored and enforced compliance with the policy thorough annual seminar training. Process for determining compensation form 990, part vi, lines 15 a & b: the processes for determining compensation include independent audit & board review based on the comparability data. The decision is documented in the board minutes.

Disclosure to the Public

Form 990, part vi, line 19: the organization made its governing documents, conflict of interest policy and financial statements available upon request to the public during the tax year.

Other Changes in Net Assets

Form 990, part xi, line 9: -depreciation expense not on book $7,323 -other increase in net assets $21,668

Form 990 Part IX Line 11G

Description:contracted services total fees:143365

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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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088623
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
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IRS990ScheduleA/SubstantialContributorsTotAmt03988
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088623
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01542307
IRS990ScheduleA/TotalSupportAmt01542307
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt024608
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt032760
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04684
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018200
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021668
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, LINE 11B: THE FORM 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM. IT IS THEN REVIEWED BY MANAGEMENT AND THE BOARD OF DIRECTORS. ANY CHANGES REQUESTED BY MANAGEMENT AND/OR THE BOARD OF DIRECTORS ARE MADE TO THE FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, LINE 12C: THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED COMPLIANCE WITH THE POLICY THOROUGH ANNUAL SEMINAR TRAINING. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINES 15 A & B: THE PROCESSES FOR DETERMINING COMPENSATION INCLUDE INDEPENDENT AUDIT & BOARD REVIEW BASED ON THE COMPARABILITY DATA. THE DECISION IS DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, LINE 19: THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST TO THE PUBLIC DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART XI, LINE 9: -DEPRECIATION EXPENSE NOT ON BOOK $7,323 -OTHER INCREASE IN NET ASSETS $21,668
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:CONTRACTED SERVICES TOTAL FEES:143365
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0THE PROCESS TO REVIEW THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1MONITOR & ENFORCE COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2DISCLOSURE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 11G
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IRS990/USAddress/AddressLine1Txt01500 MARILLA ST SUITE LB 20
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