Civic Intelligence

Heart Chan

990 • Fiscal year 2016 • EIN 46-1064920

Jan 01, 2016 to Dec 31, 2016 • Filed on May 10, 2017

18883 State Highway 20Nevada City, CA 95959

(714) 318-3818

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

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

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

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

Net Margin

95th percentile

65%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

90th percentile

45%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

91st percentile

64%

Faster revenue growth than 91% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$2,305,861

Up $717,175 (+45%) from 2015

Net Assets

Up

$2,304,158

Up $715,472 (+45%) from 2015

Liabilities

Up

$1,703

Up $1,703 from 2015

Revenue

Up

$1,094,614

Up $426,705 (+64%) from 2015

Expenses

Down

$379,142

Down $140,338 (-27%) from 2015

Net Income

Up

$715,472

Up $567,043 (+382%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $0Liabilities 2012: $02012Assets 2013: $904,164Liabilities 2013: $0Net Assets 2013: $904,1642013Assets 2014: $1,440,257Liabilities 2014: $0Net Assets 2014: $1,440,2572014Assets 2015: $1,588,686Liabilities 2015: $0Net Assets 2015: $1,588,6862015Assets 2016: $2,305,861Liabilities 2016: $1,703Net Assets 2016: $2,304,1582016Assets 2017: $2,391,876Liabilities 2017: $5,924Net Assets 2017: $2,385,9522017Assets 2018: $2,495,952Liabilities 2018: $46,660Net Assets 2018: $2,449,2922018Assets 2019: $2,398,288Liabilities 2019: $0Net Assets 2019: $2,398,2882019Assets 2020: $2,448,628Liabilities 2020: $576Net Assets 2020: $2,448,0522020Assets 2021: $2,615,852Liabilities 2021: $657Net Assets 2021: $2,615,1952021Assets 2022: $2,655,871Liabilities 2022: $4,262Net Assets 2022: $2,651,6092022Assets 2023: $1,692,966Liabilities 2023: $549Net Assets 2023: $1,692,4172023Assets 2024: $351,092Liabilities 2024: $2,890Net Assets 2024: $348,2022024

Highlighted filing

2016

Assets$2,305,861
Liabilities$1,703
Net Assets$2,304,158

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $988,149Expenses 2013: $91,472Net Income 2013: $896,6772013Revenue 2014: $674,256Expenses 2014: $138,163Net Income 2014: $536,0932014Revenue 2015: $667,909Expenses 2015: $519,480Net Income 2015: $148,4292015Revenue 2016: $1,094,614Expenses 2016: $379,142Net Income 2016: $715,4722016Revenue 2017: $380,975Expenses 2017: $299,181Net Income 2017: $81,7942017Revenue 2018: $330,957Expenses 2018: $267,617Net Income 2018: $63,3402018Revenue 2019: $274,209Expenses 2019: $323,812Net Income 2019: -$49,6032019Revenue 2020: $263,933Expenses 2020: $214,169Net Income 2020: $49,7642020Revenue 2021: $355,288Expenses 2021: $188,145Net Income 2021: $167,1432021Revenue 2022: $241,238Expenses 2022: $204,824Net Income 2022: $36,4142022Revenue 2023: $151,091Expenses 2023: $1,104,483Net Income 2023: -$953,3922023Revenue 2024: $441,007Expenses 2024: $1,785,222Net Income 2024: -$1,344,2152024

Highlighted filing

2016

Revenue$1,094,614
Expenses$379,142
Net Income$715,472
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 10, 2017
Return Version
2016v3.0
Gross Receipts
$1,765,236
Mission and Program Overview

Mission

To bring chan meditation practice into as many peoples lives as possible and to help people to live a life of peace, love, and harmony as they walk along the path toward enlightenment.

To bring chan meditation practice into as many people's lives as possible and to help people to live a life of peace, love, and harmony as they walk along the path toward enlightenment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,272,862$1,755,498▲ $482,636
Savings and Temporary Cash Investments$290,213$534,148▲ $243,935
Cash and Non-Interest-Bearing Accounts$25,611$16,215▼ $9,396
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,588,686$2,305,861▲ $717,175
Other Assets Total-$0-
Liabilities
Other Liabilities-$1,703-
Total Liabilities$0$1,703▲ $1,703
Net Assets / Fund Balance
Unrestricted Net Assets$1,588,686$2,304,158▲ $715,472
Total Net Assets Fund Balance$1,588,686$2,304,158▲ $715,472
Total Liabilities and Net Assets / Fund Balance$1,588,686$2,305,861▲ $717,175

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$860,226$19,774$880,000
Land$820,000-$820,000
Leasehold Improvements$57,143$3,007$60,150
Other Land Buildings$18,129$3,024$21,153
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$317,901
Program Service Revenue
$0
Investment Income
$701,092
Other Revenue
$75,621
All Other Contributions
$317,901
Change in Net Assets
$715,472
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$379,142
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$148,644$26,231-$174,875
Office Expenses$24,918$20,109-$45,027
Depreciation Depletion$28,045--$28,045
Insurance$17,959$3,169-$21,128
Advertising$12,078--$12,078
Conferences and Meetings$4,109--$4,109
Other Expenses$1,644--$1,644
Fees for Services Legal$1,325--$1,325
Fees for Services Accounting-$965-$965
Travel$940--$940
Information Technology$336--$336
Total Functional Expenses$328,668$50,474$0$379,142
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$1,703
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Inmei Emily Hsiao, CFO and Yao Donald Hwong, Director, are married

Form 990, Part VI, Line 11B: Form 990 Review Process

The tax returns are reviewed by board members before they are filed.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Information will be provided to the general public upon written request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Application and Returns only will be disclosed to the general public upon written request.

Filing and Contact Details

Filer

Filer Name
Heart Chan
EIN
46-1064920
Phone
7143183818
Address
18883 State Highway 20, Nevada City, CA 95959

Signing Officer

Name
Yao Donald Hwong
Title
Director
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yao Donald Hwong
Formed
2012
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
20

Preparer

Firm
Law Offices of Steven F Schroeder
Address
2107B N BROADWAY STE 204, SANTA ANA, CA 92706-2613
Preparer
Terri L Petring
Phone
7144800529
Supplemental Narrative

Additional Explanations

Additional Information

The organization suffered a fire at their Watsonville, CA location which destroyed the building on the property. The insurance proceeds received exceeded the value of the building and a gain has been reported on Part 8 of Form 990

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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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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0290213
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0534148
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0317901
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0618163
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0637520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0958182
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02541791
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0435
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0182
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0826
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt042304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt035910
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt029660
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0107874
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt075621
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt075621
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0435
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0182
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0826
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01750
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0700657
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0700657
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.79510
IRS990ScheduleA/PublicSupportTotal509Amt02725286
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0393522
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0660467
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0673430
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0987842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010025
IRS990ScheduleA/Total509Grp/TotalAmt02725286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01094614
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0660649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0674256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0988149
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010025
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03427693
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0860226
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019774
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0880000
IRS990ScheduleD/LandGrp/BookValueAmt0820000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0820000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt057143
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03007
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt060150
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018129
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03024
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021153
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01703
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Cards
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01755498
IRS990ScheduleD/TotalLiabilityAmt01703
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Building destroyed due to fire
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02016-02-06
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0670622
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0Cost Basis
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Inmei Emily Hsiao, CFO and Yao Donald Hwong, Director, are married
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax returns are reviewed by board members before they are filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information will be provided to the general public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Application and Returns only will be disclosed to the general public upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization suffered a fire at their Watsonville, CA location which destroyed the building on the property. The insurance proceeds received exceeded the value of the building and a gain has been reported on Part 8 of Form 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Additional Information
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01588686
IRS990/TotalAssetsEOYAmt02305861
IRS990/TotalAssetsGrp/BOYAmt01588686
IRS990/TotalAssetsGrp/EOYAmt02305861
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0317901
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt050474
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0328668
IRS990/TotalFunctionalExpensesGrp/TotalAmt0379142
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01703
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01703
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01588686
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02304158
IRS990/TotalProgramServiceExpensesAmt0328668
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0701092
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt075621
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01094614
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01588686
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02305861

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