Civic Intelligence

Kuofeng Foundation

990EZ • Fiscal year 2020 • EIN 46-1403596

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 21, 2020

Organization ProfileN/A
222 W Las Tunas DriveSan Gabriel, CA 91776

(818) 988-4900

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

1st percentile

-4136%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

12th percentile

-35%

Faster asset growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-27%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$293,189

Down $156,301 (-35%) from 2019

Net Assets

Down

$293,189

Down $156,301 (-35%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Down

$3,779

Down $1,415 (-27%) from 2019

Expenses

Up

$160,080

Up $13,080 (+8.9%) from 2019

Net Income

Down

-$156,301

Down $14,495 (-10%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $0Liabilities 2013: $02013Assets 2014: $100Liabilities 2014: $02014Assets 2015: $1,170,623Liabilities 2015: $0Net Assets 2015: $1,170,6232015Assets 2016: $1,059,866Liabilities 2016: $0Net Assets 2016: $1,059,8662016Assets 2017: $656,677Liabilities 2017: $0Net Assets 2017: $656,6772017Assets 2018: $591,296Liabilities 2018: $0Net Assets 2018: $591,2962018Assets 2019: $449,490Net Assets 2019: $449,4902019Assets 2020: $293,189Net Assets 2020: $293,1892020Assets 2021: $1,533,514Liabilities 2021: $0Net Assets 2021: $1,533,5142021Assets 2022: $1,411,738Liabilities 2022: $0Net Assets 2022: $1,411,7382022Assets 2023: $1,341,462Liabilities 2023: $1Net Assets 2023: $1,341,4612023Assets 2024: $963,673Liabilities 2024: $279Net Assets 2024: $963,3942024Assets 2025: $900,752Liabilities 2025: $81Net Assets 2025: $900,6712025

Highlighted filing

2020

Assets$293,189
Liabilities-
Net Assets$293,189
Open 2020 Filing

Operations Trend

Revenue Growth38th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $100Expenses 2013: $100Net Income 2013: $02013Revenue 2014: $100Expenses 2014: $100Net Income 2014: $02014Revenue 2015: $1,203,175Expenses 2015: $32,652Net Income 2015: $1,170,5232015Revenue 2016: $204,618Expenses 2016: $315,375Net Income 2016: -$110,7572016Revenue 2017: $159,671Expenses 2017: $562,860Net Income 2017: -$403,1892017Revenue 2018: $40,649Expenses 2018: $106,030Net Income 2018: -$65,3812018Revenue 2019: $5,194Expenses 2019: $147,000Net Income 2019: -$141,8062019Revenue 2020: $3,779Expenses 2020: $160,080Net Income 2020: -$156,3012020Revenue 2021: $1,250,565Expenses 2021: $10,240Net Income 2021: $1,240,3252021Revenue 2022: $6,587Expenses 2022: $128,363Net Income 2022: -$121,7762022Revenue 2023: $42,380Expenses 2023: $112,657Net Income 2023: -$70,2772023Revenue 2024: $12,290Expenses 2024: $390,357Net Income 2024: -$378,0672024Revenue 2025: $8,505Expenses 2025: $71,228Net Income 2025: -$62,7232025

Highlighted filing

2020

Revenue$3,779
Expenses$160,080
Net Income-$156,301
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 21, 2020
Return Version
2019v5.0
Gross Receipts
$3,779
Mission and Program Overview

Mission

To provide and promote cultural experiences, arts, and education to the local communities.

Program Services

DescriptionGrantsExpenses
TO PROVIDE AND PROMOTE CULTURAL EXPERIENCES, ARTS, AND EDUCATION TO THE LOCAL COMMUNITIES.$160,080-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CRAIG ASANUMASecretary-$0--
SERENA CHENGDirector-$0--
EDIE WONGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kuofeng Foundation
EIN
46-1403596
Address
222 W LAS TUNAS DRIVE, SAN GABRIEL, CA 91776

Signing Officer

Name
Craig Asanuma
Title
Secretary
Signed
2020-09-21
Discuss with paid preparer
Yes

Preparer

Firm
Craig A Asanuma CPA
Address
7143 Woodley Avenue, Van Nuys, CA 91406-3932
Preparer
Craig A Asanuma CPA
Phone
8189884900
Supplemental Narrative

Additional Explanations

Other Expenses.1

“OTHER DONATIONS $160000”

Other Expenses.2

“PROGRAM COSTS $80”

Other Assets.1

“OTHER INVESTMENTS - Beginning $434418 OTHER INVESTMENTS - Ending $278198”

Raw XML Appendix124 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CRAIG ASANUMA
IRS990EZ/BooksInCareOfDetail/PhoneNum08189884900
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07143 WOODLEY AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VAN NUYS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091406
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015072
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014991
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-156301
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0449490
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0293189
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt03779
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt03779
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0449490
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0293189
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0449490
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0293189
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CRAIG ASANUMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SERENA CHENG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2EDIE WONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0434418
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0278198
IRS990EZ/OtherExpensesTotalAmt0160080
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AND PROMOTE CULTURAL EXPERIENCES, ARTS, AND EDUCATION TO THE LOCAL COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE AND PROMOTE CULTURAL EXPERIENCES, ARTS, AND EDUCATION TO THE LOCAL COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0160080
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0160080
IRS990EZ/TotalProgramServiceExpensesAmt0160080
IRS990EZ/TotalRevenueAmt03779
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0192000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt0192000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0192000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0192000
IRS990ScheduleA/TotalSupportAmt0192000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER DONATIONS $160000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROGRAM COSTS $80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER INVESTMENTS - Beginning $434418 OTHER INVESTMENTS - Ending $278198
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG ASANUMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KUOFENG FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0KUOF
ReturnHeader/Filer/EIN0461403596
ReturnHeader/Filer/USAddress/AddressLine1Txt0222 W LAS TUNAS DRIVE
ReturnHeader/Filer/USAddress/CityNm0SAN GABRIEL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091776
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770571875
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Craig A Asanuma CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07143 Woodley Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Van Nuys
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0914063932
ReturnHeader/PreparerPersonGrp/PhoneNum08189884900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Craig A Asanuma CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-09-29T10:54:03-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$293,189
Liabilities
-
Net assets
$293,189
Revenue
$3,779
Expenses
$160,080
Net income
-$156,301
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.01$0.07$0.06
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$0.01$0.39$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.00$1.34$0.04$0.11$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.00$1.41$0.01$0.13$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.00$1.53$1.25$0.01$1.24
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.29$0.00$0.16$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.45$0.01$0.15$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.04$0.11$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$0.16$0.56$0.40
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.20$0.32$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.00$1.17$1.20$0.03$1.17
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00