Civic Intelligence

Adore Foundation

990PF • Fiscal year 2020 • EIN 46-1554941

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

5 Dubon CTFarmingdale, NY 11735

(718) 352-0884

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2020 filings • <$500k nonprofits • 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

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

30th percentile

-7.8%

Faster asset growth than 30% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Assets

Down

$148,481

Down $12,492 (-7.8%) from 2019

Net Assets

Down

$148,481

Down $12,492 (-7.8%) from 2019

Liabilities

Flat

$1

Flat from 2019

Revenue

Flat

$1

Flat from 2019

Expenses

Down

$12,492

Down $2,583 (-17%) from 2019

Net Income

Up

-$12,491

Up $2,583 (+17%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $1Liabilities 2013: $1Net Assets 2013: $02013Assets 2014: $131,548Liabilities 2014: $1Net Assets 2014: $131,5482014Assets 2015: $135,768Liabilities 2015: $1Net Assets 2015: $135,7682015Assets 2016: $135,768Liabilities 2016: $0Net Assets 2016: $135,7682016Assets 2017: $131,568Liabilities 2017: $0Net Assets 2017: $131,5682017Assets 2018: $176,048Liabilities 2018: $0Net Assets 2018: $176,0482018Assets 2019: $160,973Liabilities 2019: $1Net Assets 2019: $160,9732019Assets 2020: $148,481Liabilities 2020: $1Net Assets 2020: $148,4812020Assets 2021: $148,481Liabilities 2021: $1Net Assets 2021: $148,4812021Assets 2022: $122,391Liabilities 2022: $1Net Assets 2022: $122,3912022Assets 2023: $110,391Liabilities 2023: $1Net Assets 2023: $110,3912023Assets 2024: $104,931Liabilities 2024: $0Net Assets 2024: $104,9312024

Highlighted filing

2020

Assets$148,481
Liabilities$1
Net Assets$148,481

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $1Expenses 2013: $0Net Income 2013: $12013Revenue 2014: $50,000Expenses 2014: $11,560Net Income 2014: $38,4402014Revenue 2015: $16,720Expenses 2015: $12,500Net Income 2015: $4,2202015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $200Expenses 2017: $4,400Net Income 2017: -$4,2002017Revenue 2018: $57,080Expenses 2018: $12,600Net Income 2018: $44,4802018Revenue 2019: $1Expenses 2019: $15,075Net Income 2019: -$15,0742019Revenue 2020: $1Expenses 2020: $12,492Net Income 2020: -$12,4912020Revenue 2021: $1Expenses 2021: $0Net Income 2021: $12021Revenue 2022: $1Expenses 2022: $26,090Net Income 2022: -$26,0892022Revenue 2023: $1Expenses 2023: $12,000Net Income 2023: -$11,9992023Revenue 2024: $0Expenses 2024: $5,460Net Income 2024: -$5,4602024

Highlighted filing

2020

Revenue$1
Expenses$12,492
Net Income-$12,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENT CHOIPresident-$0--
Filing and Contact Details

Filer

Filer Name
Adore Foundation
EIN
46-1554941
Address
5 DUBON CT, FARMINGDALE, NY 11735

Signing Officer

Name
Kent Choi
Title
President
Signed
2021-11-10

Preparer

Firm
David Shin CPA Pc
Address
21814 NORTHERN BLVD STE 108, BAYSIDE, NY 11361-3580
Preparer
David Shin
Phone
7183520884
Raw XML Appendix171 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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IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KENT CHOI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADORE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ADOR
ReturnHeader/Filer/EIN0461554941
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt021814 NORTHERN BLVD STE 108
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum07183520884
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SHIN
ReturnHeader/ReturnTs02021-11-15T16:08:08-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEUNG Y
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHOI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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