Civic Intelligence

Pace Academy Foundation

990EZ • Fiscal year 2017 • EIN 47-1309747

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization Profilewww.pace-foundation.com
5241 LINCOLN AVE Room C7Cypress, CA 90630

(714) 220-9900

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

51st percentile

3.7%

Higher net margin than 51% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

50th percentile

1.9%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

58th percentile

6.7%

Faster revenue growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$31,614

Up $595 (+1.9%) from 2016

Net Assets

Up

$31,614

Up $595 (+1.9%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin51st percentile

Revenue

Up

$16,000

Up $1,000 (+6.7%) from 2016

Expenses

Up

$15,405

Up $11,558 (+300%) from 2016

Net Income

Down

$595

Down $10,558 (-95%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2013: $7,497Liabilities 2013: $02013Assets 2014: $13,535Liabilities 2014: $02014Assets 2015: $19,866Liabilities 2015: $0Net Assets 2015: $19,8662015Assets 2016: $31,019Liabilities 2016: $0Net Assets 2016: $31,0192016Assets 2017: $31,614Liabilities 2017: $0Net Assets 2017: $31,6142017Assets 2018: $55,956Liabilities 2018: $0Net Assets 2018: $55,9562018Assets 2019: $120,040Liabilities 2019: $0Net Assets 2019: $120,0402019Assets 2020: $422,266Liabilities 2020: $150,000Net Assets 2020: $272,2662020Assets 2021: $1,288,140Liabilities 2021: $500,000Net Assets 2021: $788,1402021Assets 2022: $1,115,526Liabilities 2022: $500,000Net Assets 2022: $615,5262022Assets 2023: $678,322Liabilities 2023: $500,000Net Assets 2023: $178,3222023Assets 2024: $307,509Liabilities 2024: $500,000Net Assets 2024: -$192,4912024

Highlighted filing

2017

Assets$31,614
Liabilities$0
Net Assets$31,614
Open 2017 Filing

Operations Trend

Revenue Growth58th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $11,400Expenses 2013: $3,903Net Income 2013: $7,4972013Revenue 2014: $10,200Expenses 2014: $4,162Net Income 2014: $6,0382014Revenue 2015: $10,600Expenses 2015: $4,269Net Income 2015: $6,3312015Revenue 2016: $15,000Expenses 2016: $3,847Net Income 2016: $11,1532016Revenue 2017: $16,000Expenses 2017: $15,405Net Income 2017: $5952017Revenue 2018: $153,525Expenses 2018: $129,183Net Income 2018: $24,3422018Revenue 2019: $359,978Expenses 2019: $295,894Net Income 2019: $64,0842019Revenue 2020: $510,224Expenses 2020: $357,998Net Income 2020: $152,2262020Revenue 2021: $1,043,054Expenses 2021: $527,174Net Income 2021: $515,8802021Revenue 2022: $821,243Expenses 2022: $994,978Net Income 2022: -$173,7352022Revenue 2023: $608,501Expenses 2023: $844,475Net Income 2023: -$235,9742023Revenue 2024: $773,300Expenses 2024: $1,080,603Net Income 2024: -$307,3032024

Highlighted filing

2017

Revenue$16,000
Expenses$15,405
Net Income$595
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$16,000
Mission and Program Overview

Mission

Pace Academy Foundation provides opportunities for high-quality, Christian education to the most disadvantaged, Christian students. It also provides scholarships to Christian students so that they may continue to pursue education.

Community volunteer educational service

Program Services

DescriptionGrantsExpenses
Pace Academy Foundation seeks to promote volunteerism. To achieve this goal, the foundation will have a community service program. Within the program, students will volunteer to help the community, not least of all those within th--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SUNG H YOOPresidentPT$0--
HYUN ILLCFOPT$0--
ME HEE HANSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Pace Academy Foundation
EIN
47-1309747
Phone
7142209900
Address
5241 LINCOLN AVE Room C7, CYPRESS, CA 90630

Signing Officer

Name
Sung Hee Yoo
Title
President
Phone
7142209900
Signed
2018-11-15
Discuss with paid preparer
No

Preparer

Firm
United Tax and Accounting
Address
5241 LINCOLN AVE STE C2, CYPRESS, CA 90630
Preparer
Hee Y Park
Phone
7142209111
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 5,148”

Form 990-EZ, Part I, Line 16, Other Expenses

“Conferences, conventions, and meetings 5,000”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 1,048”

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 756”

Raw XML Appendix145 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CYPRESS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090630
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011952
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY VOLUNTEER EDUCATIONAL SERVICE
IRS990EZ/PrintingPublicationsPostageAmt0972
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Pace Academy Foundation seeks to promote volunteerism. To achieve this goal, the foundation will have a community service program. Within the program, students will volunteer to help the community, not least of all those within th
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt015405
IRS990EZ/TotalRevenueAmt016000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt063400
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt016000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 5,148
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 5,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Supplies 1,048
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Telephone 756
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ReturnHeader/Filer/PhoneNum07142209900
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T11:45:17-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,614
Liabilities
$0
Net assets
$31,614
Revenue
$16,000
Expenses
$15,405
Net income
$595
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.31$0.50$0.19$0.77$1.08$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.50$0.18$0.61$0.84$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.50$0.62$0.82$0.99$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.29$0.50$0.79$1.04$0.53$0.52
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.15$0.27$0.51$0.36$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.36$0.30$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.15$0.13$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.02$0.02$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.02$0.00$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.01$0.00$0.01
2014Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.00$0.01
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.00$0.01