Civic Intelligence

Loving Universe Foundation

990PF • Fiscal year 2019 • EIN 46-4525059

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 10, 2020

Organization Profile
Foundation Source 501 Silverside RdWilmington, DE 19809-1377

(800) 839-1754

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Liabilities / Revenue

64th percentile

0.00x

Higher debt load relative to revenue than 64% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-14196%

Higher net margin than 1% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-62%

Faster asset growth than 6% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-22%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$21,994

Down $35,774 (-62%) from 2018

Net Assets

Down

$21,994

Down $35,774 (-62%) from 2018

Liabilities

Up

$1

Up $1 from 2018

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin1st percentile

Revenue

Down

$252

Down $73 (-22%) from 2018

Expenses

Up

$36,026

Up $20,994 (+140%) from 2018

Net Income

Down

-$35,774

Down $21,067 (-143%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$100K$50K$0Assets 2014: $92,376Liabilities 2014: $02014Assets 2015: $81,771Liabilities 2015: $1Net Assets 2015: $81,7712015Assets 2016: $77,137Liabilities 2016: $0Net Assets 2016: $77,1372016Assets 2017: $72,475Liabilities 2017: $0Net Assets 2017: $72,4752017Assets 2018: $57,768Liabilities 2018: $0Net Assets 2018: $57,7682018Assets 2019: $21,994Liabilities 2019: $1Net Assets 2019: $21,9942019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2019

Assets$21,994
Liabilities$1
Net Assets$21,994
Open 2019 Filing

Operations Trend

Revenue Growth22nd percentile

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

$150K$100K$50K$0-$50KRevenue 2014: $100,018Expenses 2014: $7,642Net Income 2014: $92,3762014Revenue 2015: $208Expenses 2015: $10,813Net Income 2015: -$10,6052015Revenue 2016: $395Expenses 2016: $5,029Net Income 2016: -$4,6342016Revenue 2017: $371Expenses 2017: $5,033Net Income 2017: -$4,6622017Revenue 2018: $325Expenses 2018: $15,032Net Income 2018: -$14,7072018Revenue 2019: $252Expenses 2019: $36,026Net Income 2019: -$35,7742019Revenue 2020: $55Expenses 2020: $22,049Net Income 2020: -$21,9942020

Highlighted filing

2019

Revenue$252
Expenses$36,026
Net Income-$35,774
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 10, 2020
Return Version
2019v5.0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jose ShibuDir, Pres, Sec, Treas-$0--
Filing and Contact Details

Filer

Filer Name
Loving Universe Foundation
EIN
46-4525059
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Jose Shibu
Title
president
Phone
8008391754
Signed
2020-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
One Hollow Ln Ste 212, Lake Success, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
Raw XML Appendix235 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/ActsFailToQlfyAsExceptionsInd0false
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0415 MOUNTAIN VILLAGE BLVD UNIT 1222
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LiquidationExplanationStmt/ExplanationTxt0As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2019, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $30,000. This amount represents 25% or more of the Foundation's net assets of $57,768 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2019. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1State or Local Filing Fees
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt125
TaxesSchedule/TaxesDetail/Amt03
TaxesSchedule/TaxesDetail/CategoryTxt0990-PF Excise Tax for 2018
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSE SHIBU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0president
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Loving Universe Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LOVI
ReturnHeader/Filer/EIN0464525059
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0198091377
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Source
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0One Hollow Ln Ste 212
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lake Success
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02020-03-12T15:49:46-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,994
Liabilities
$1
Net assets
$21,994
Revenue
$252
Expenses
$36,026
Net income
-$35,774
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.22$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.00$0.36$0.36
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.00$0.15$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.00$0.05$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.00$0.05$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.00$0.11$0.11
2014Summary only. Only limited summary data is available for this year.$0.92$0.00$1.00$0.08$0.92