Civic Intelligence

Account Control Technology Foundation Inc

EIN 46-0947419 • 501(c)3 • Woodland Hills, CA

Profile

The mission of account control technology foundation, inc. Is to improve the future prospects of the younger generation by offering education, assistance and mentorship to students at the onset of their adult life concerning debt management, financial literacy and understand debt obligations.

21700 Oxnard St No 1860Woodland Hills, CA 91367

www.accountcontrolfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

22nd percentile

-23%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

16th percentile

-57%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

32nd percentile

-19%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$9,430

Down $12,609 (-57%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$9,430

Down $12,609 (-57%) from 2017

Revenue

Down

$55,643

Down $13,405 (-19%) from 2017

Expenses

Up

$68,252

Up $19,230 (+39%) from 2017

Net Income

Down

-$12,609

Down $32,635 (-163%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2013: $26,699Liabilities 2013: $0Net Assets 2013: $26,6992013Assets 2014: $7,236Liabilities 2014: $0Net Assets 2014: $7,2362014Assets 2015: $1,251Liabilities 2015: $0Net Assets 2015: $1,2512015Assets 2016: $2,013Liabilities 2016: $0Net Assets 2016: $2,0132016Assets 2017: $22,039Liabilities 2017: $0Net Assets 2017: $22,0392017Assets 2018: $9,430Liabilities 2018: $0Net Assets 2018: $9,4302018

Highlighted filing

2018

Assets$9,430
Liabilities$0
Net Assets$9,430

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $109,002Expenses 2013: $82,303Net Income 2013: $26,6992013Revenue 2014: $64,554Expenses 2014: $84,017Net Income 2014: -$19,4632014Revenue 2015: $100,390Expenses 2015: $106,375Net Income 2015: -$5,9852015Revenue 2016: $124,408Expenses 2016: $123,646Net Income 2016: $7622016Revenue 2017: $69,048Expenses 2017: $49,022Net Income 2017: $20,0262017Revenue 2018: $55,643Expenses 2018: $68,252Net Income 2018: -$12,6092018

Highlighted filing

2018

Revenue$55,643
Expenses$68,252
Net Income-$12,609

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 15, 2019
Return Version
2018v3.1
Gross Receipts
$55,643
Mission and Program Overview

Mission

The mission of account control technology foundation, inc. Is to improve the future prospects of the younger generation by offering education, assistance and mentorship to students at the onset of their adult life concerning debt management, financial literacy and understand debt obligations.

Program Services

DescriptionGrantsExpenses
THE ACT FOUNDATION SECOND-YEAR SCHOLARSHIP PROGRAM IS FOR CURRENT COLLEGE FIRST-YEAR STUDENTS WHO PLAN TO ENROLL AS SOPHOMORES IN A FOUR-YEAR COLLEGE OR UNIVERSITY IN THE FALL OF 2018. A TOTAL OF NINE $1,000 SCHOLARSHIPS WILL BE AWARDED TO STUDENTS NATIONWIDE.THE ACT CARES COMMUNITY SCHOLARSHIP PROGRAM IS FOR GRADUATING HIGH SCHOOL SENIORS FROM SPECIFIC COMMUNITIES WHO WILL ATTEND A FOUR-YEAR COLLEGE OR UNIVERSITY BEGINNING IN THE FALL OF 2018. APPLICANTS MUST BE CURRENT SENIORS AT HIGH SCHOOLS WITHIN SELECT COUNTIES SURROUNDING OUR ACT HOLDINGS, INC. OFFICES INCLUDING KERN, LOS ANGELES AND ORANGE COUNTIES IN CALIFORNIA; BULTER, CLERMONT, HAMILTON AND WARREN COUNTIES IN OHIO; DALLAS, DENTON, COLLIN, HARRIS, MONTGOMERY, TOM GREEN, BEXAR & MEDINA AND FORT BEND COUNTIES IN TEXAS; FULTON, DEKALB, AUGUSTA-RICHMOND, AND COLUMBIA COUNTIES IN GEORGIA; PALM BEACH COUNTY IN FLORIDA; PRINCE WILLIAM COUNTY IN VIRGINIA; MONTGOMERY COUNTY IN ALABAMA; PEORIA COUNTY IN ILLINOIS; MARICOPA COUNTY IN ARIZONA; EDGEFIELD AND AIKEN COUNTIES, SOUTH CAROLINA; KING COUNTY IN WASHINGTON AND WESTCHESTER COUNTY IN NEW YORK. A TOTAL OF SIXTEEN $1,000 SCHOLARSHIPS WILL BE AWARDED.CHARITABLE CONTRIBUTIONS WERE GIVEN TO 3 CHARITY ORGANIZATIONS$44,123$44,123
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE MYERSCEOPT$0--
DALE VAN DELLENChairmanPT$0--
JAMES GATESTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Account Control Technology Foundation
EIN
46-0947419
Phone
8003944228
Address
21700 OXNARD ST NO 1860, WOODLAND HILLS, CA 91367

Signing Officer

Name
Mike Myers
Title
CEO
Phone
8003944228
Signed
2019-10-15
Discuss with paid preparer
Yes

Preparer

Firm
Green Hasson & Janks Llp
Address
10990 WILSHIRE BLVD 16TH FLOOR, LOS ANGELES, CA 90024-3929
Preparer
Lizbeth G Nevarez
Phone
3108731600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: scholarship. Grantee name: various. Grantee relationship: n/a. Property description: cash. Date of gift: 06/30/18. Amount given: 25,000.

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

Description: taxes. Amount: 75. Description: cc fees. Amount: 280. Description: merchant fees. Amount: 560. Description: office expense. Amount: 4,519. Description: travel expense. Amount: 3,096. Description: filing fees. Amount: 149. Total to form 990-ez, line 16: 8,679.

Raw XML Appendix150 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ACT FOUNDATION SECOND-YEAR SCHOLARSHIP PROGRAM IS FOR CURRENT COLLEGE FIRST-YEAR STUDENTS WHO PLAN TO ENROLL AS SOPHOMORES IN A FOUR-YEAR COLLEGE OR UNIVERSITY IN THE FALL OF 2018. A TOTAL OF NINE $1,000 SCHOLARSHIPS WILL BE AWARDED TO STUDENTS NATIONWIDE.THE ACT CARES COMMUNITY SCHOLARSHIP PROGRAM IS FOR GRADUATING HIGH SCHOOL SENIORS FROM SPECIFIC COMMUNITIES WHO WILL ATTEND A FOUR-YEAR COLLEGE OR UNIVERSITY BEGINNING IN THE FALL OF 2018. APPLICANTS MUST BE CURRENT SENIORS AT HIGH SCHOOLS WITHIN SELECT COUNTIES SURROUNDING OUR ACT HOLDINGS, INC. OFFICES INCLUDING KERN, LOS ANGELES AND ORANGE COUNTIES IN CALIFORNIA; BULTER, CLERMONT, HAMILTON AND WARREN COUNTIES IN OHIO; DALLAS, DENTON, COLLIN, HARRIS, MONTGOMERY, TOM GREEN, BEXAR & MEDINA AND FORT BEND COUNTIES IN TEXAS; FULTON, DEKALB, AUGUSTA-RICHMOND, AND COLUMBIA COUNTIES IN GEORGIA; PALM BEACH COUNTY IN FLORIDA; PRINCE WILLIAM COUNTY IN VIRGINIA; MONTGOMERY COUNTY IN ALABAMA; PEORIA COUNTY IN ILLINOIS; MARICOPA COUNTY IN ARIZONA; EDGEFIELD AND AIKEN COUNTIES, SOUTH CAROLINA; KING COUNTY IN WASHINGTON AND WESTCHESTER COUNTY IN NEW YORK. A TOTAL OF SIXTEEN $1,000 SCHOLARSHIPS WILL BE AWARDED.CHARITABLE CONTRIBUTIONS WERE GIVEN TO 3 CHARITY ORGANIZATIONS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: N/A. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 06/30/18. AMOUNT GIVEN: 25,000.
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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/BuildTS02020-04-17 16:48:07Z
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ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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