Civic Intelligence

Cgcc Foundation Inc.

990 • Fiscal year 2015 • EIN 46-2615445

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 13, 2016

19 East 48th Street 5th FloorNew York, NY 10017

(646) 869-1044

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

2015 filings • NTEE P • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

18th percentile

0.00x

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

2015 filings • NTEE P • $500k-$1M nonprofits • Source year 2015

Net Margin

51st percentile

2.2%

Higher net margin than 51% of similar nonprofits.

2015 filings • NTEE P • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2015 filings • NTEE P • $500k-$1M nonprofits • Source year 2015

Asset Growth

47th percentile

1.0%

Faster asset growth than 47% of similar nonprofits.

2015 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

5th percentile

-53%

Faster revenue growth than 5% of similar nonprofits.

2015 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$684,128

Up $6,933 (+1.0%) from 2014

Net Assets

Up

$684,128

Up $6,933 (+1.0%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$321,480

Down $355,720 (-53%) from 2014

Expenses

Up

$314,547

Up $309,542 (+6185%) from 2014

Net Income

Down

$6,933

Down $665,262 (-99%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $677,195Liabilities 2014: $0Net Assets 2014: $677,1952014Assets 2015: $684,128Liabilities 2015: $0Net Assets 2015: $684,1282015Assets 2016: $914,488Liabilities 2016: $0Net Assets 2016: $914,4882016Assets 2017: $1,096,726Liabilities 2017: $0Net Assets 2017: $1,096,7262017Assets 2018: $1,084,172Liabilities 2018: $85,659Net Assets 2018: $998,5132018Assets 2019: $1,662,111Liabilities 2019: $471,954Net Assets 2019: $1,190,1572019Assets 2020: $1,499,674Liabilities 2020: $730,444Net Assets 2020: $769,2302020Assets 2021: $1,788,524Liabilities 2021: $1,113,078Net Assets 2021: $675,4462021Assets 2022: $1,526,216Liabilities 2022: $1,020,189Net Assets 2022: $506,0272022Assets 2023: $1,771,931Liabilities 2023: $0Net Assets 2023: $1,771,9312023Assets 2024: $1,891,207Liabilities 2024: $0Net Assets 2024: $1,891,2072024

Highlighted filing

2015

Assets$684,128
Liabilities$0
Net Assets$684,128

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2014: $677,200Expenses 2014: $5,005Net Income 2014: $672,1952014Revenue 2015: $321,480Expenses 2015: $314,547Net Income 2015: $6,9332015Revenue 2016: $1,471,235Expenses 2016: $1,240,875Net Income 2016: $230,3602016Revenue 2017: $1,036,975Expenses 2017: $854,737Net Income 2017: $182,2382017Revenue 2018: $554,000Expenses 2018: $652,212Net Income 2018: -$98,2122018Revenue 2019: $1,017,500Expenses 2019: $825,857Net Income 2019: $191,6432019Revenue 2020: $616,637Expenses 2020: $1,037,564Net Income 2020: -$420,9272020Revenue 2021: $533,042Expenses 2021: $626,826Net Income 2021: -$93,7842021Revenue 2022: $477,034Expenses 2022: $646,453Net Income 2022: -$169,4192022Revenue 2023: $1,856,718Expenses 2023: $590,814Net Income 2023: $1,265,9042023Revenue 2024: $830,376Expenses 2024: $711,100Net Income 2024: $119,2762024

Highlighted filing

2015

Revenue$321,480
Expenses$314,547
Net Income$6,933
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 13, 2016
Return Version
2015v2.1
Gross Receipts
$321,480
Mission and Program Overview

Mission

(a) to coordinate various fund raising campaigns and charitable activities; (b) in furtherance of the purposes of the corporation, toreceive and maintain a fund or funds, to have, control and manage such fund or funds, change the investments thereof, to invest and reinvest

The mission of the foundation is to coordinate various fund raising campaigns and charitable

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$677,195$684,128▲ $6,933
Total Assets$677,195$684,128▲ $6,933
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$677,195$684,128▲ $6,933
Total Net Assets Fund Balance$677,195$684,128▲ $6,933
Total Liabilities and Net Assets / Fund Balance$677,195$684,128▲ $6,933
Compensation and Service Providers

Board Members and Trustees

NameTitle
Xu ChenChairman
Chen GuoqingVice Chairmen
Han ZhuoVice Chairmen
Howard LiVice Chairmen
Jiang ChunVice Chairmen
Jiang HongyiVice Chairmen
Jing ShiliVice Chairmen
Li ShaolinVice Chairmen
Mao GuotuVice Chairmen
Ni PinVice Chairmen
Ning YuanVice Chairmen
Niu KerongVice Chairmen
Wang YongVice Chairmen
Xiao YuqiangVice Chairmen
Ye MengVice Chairmen
Yu MingVice Chairmen
Zhang GuofaVice Chairmen
Zhang JixingVice Chairmen
Zhang JunVice Chairmen
Zhang LanlanVice Chairmen
Zhang XumingVice Chairmen
Bo WeiExecutive Board
Cao XuesongExecutive Board
Cheng LixinExecutive Board
Cheng MengrongExecutive Board
Dai MingExecutive Board
Ding ShaohuaExecutive Board
He XinExecutive Board
Hou MingExecutive Board
Hu GangExecutive Board
Huang LubinExecutive Board
Huang WenhuaExecutive Board
Jiang QingExecutive Board
Jiao ChengyueExecutive Board
Kai-yan LeeExecutive Board
Lin JianguoExecutive Board
Liu MengzeExecutive Board
Lu FengExecutive Board
Lu PingExecutive Board
Shi YanbiaoExecutive Board
Stella LiExecutive Board
Tang JianguoExecutive Board
Wang HaiyongExecutive Board
Wang ShuguangExecutive Board
Wang WeizhongExecutive Board
Ye WeiExecutive Board
Yi LupingExecutive Board
Zhou JingleiExecutive Board
Candice NiuOfficers
Xu ChenOfficers
Revenue and Support

Revenue Composition

Contributions and Grants
$321,480
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$321,480
Change in Net Assets
$6,933
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,547
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
Fees for Services Other$78,000$110-$78,110
Office Expenses$25,149--$25,149
Other Expenses$7,364--$7,364
Travel-$6,601-$6,601
Advertising$1,754--$1,754
Fees for Services Legal-$925-$925
Conferences and Meetings-$800-$800
All Other Expenses-$40-$40
Total Functional Expenses$306,071$8,476$0$314,547
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 is sent to the entire borad for review before filing and it is distributed to all members after filing

Form 990, Part VI, Section B, Line 12C

SEE SCHEDULE O

Form 990, Part VI, Section C, Line 19

SEE SCHEDULE O

Filing and Contact Details

Filer

Filer Name
Cgcc Foundation Inc
EIN
46-2615445
Phone
6468691044
Address
19 EAST 48TH STREET 5TH FLOOR, NEW YORK, NY 10017

Signing Officer

Name
Candice Niu
Title
Exec Director
Phone
6468691044
Signed
2016-11-13

Organization Details

Principal Officer
Candice Niu
Formed
2013
Legal Domicile
Ny
Voting Board Members
42
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Snd & Associates
Address
1180 AVENUE OF THE AMERICAS STE 200, NEW YORK, NY 10036
Phone
6469310399
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Registration fees: program service expenses 0. Management and general expenses 110. Fundraising expenses 0. Total expenses 110. Sponsorship: program service expenses 78,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 78,000.

Form 990, Part I, Line 1

Form 990, part i, line 1, description of organization mission: activities. Form 990, part iii, line1, description of organization mission: the same and teh proceeds therof and to collect and receive the income and profits therof and there from: (c) to distribute funds to organization, agencies and institutions which are organized and operated exclusively for religions, charitable, scientific, literary or educational purposes, no part of the activities of which is carrying on propaganda or otherwise atempting to influence legislation and which does not participate in, or intervene in (including the publishing or distribution or statement) any political campaign on behalf of any candidiate for public office; (d) to take by bequest, devise, gift, purchase or lease and to hold the same, for the corporate purposes, any property, real or personal. Form 990, part vi, section b, line 11: the form 990 is sent to the entire board for review before filing and it is distributed to all members after filing. Form 990, part vi, section b, line 12c: the organization meets once a year. At that time, the conflict of interest policy is reviewed with the members. Form 990, part vi, section c, line 19: the foundation makes its governing documents, conflict of interest policy,and financial statements available to teh general public upon request.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRMEN
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IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE CHAIRMEN
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE CHAIRMEN
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE CHAIRMEN
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE CHAIRMEN
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE CHAIRMEN
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE BOARD
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