Civic Intelligence

Believe in Future Foundation

990PF • Fiscal year 2016 • EIN 47-2530116

Dec 01, 2015 to Nov 30, 2016 • Filed on May 15, 2017

Organization Profile
12663 Lido WaySaratoga, CA 95070

(408) 725-0369

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2016 filings • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

99th percentile

129%

Higher net margin than 99% of similar nonprofits.

2016 filings • <$500k nonprofits • Source year 2016

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2016 filings • <$500k nonprofits • Source year 2016

Asset Growth

25th percentile

-12%

Faster asset growth than 25% of similar nonprofits.

2016 filings • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

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

Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$153,698

Down $21,713 (-12%) from 2015

Net Assets

$153,698

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

-$16,769

Down $204,795 (-109%) from 2015

Expenses

Down

$4,944

Down $7,671 (-61%) from 2015

Net Income

Down

-$21,713

Down $197,124 (-112%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$300K$200K$100K$0Assets 2015: $175,411Liabilities 2015: $02015Assets 2016: $153,698Liabilities 2016: $0Net Assets 2016: $153,6982016Assets 2017: $133,669Liabilities 2017: $0Net Assets 2017: $133,6692017Assets 2018: $261,057Liabilities 2018: $0Net Assets 2018: $261,0572018Assets 2019: $217,497Liabilities 2019: $0Net Assets 2019: $217,4972019Assets 2020: $212,609Liabilities 2020: $0Net Assets 2020: $212,6092020Assets 2021: $210,342Liabilities 2021: $0Net Assets 2021: $210,3422021Assets 2022: $208,125Liabilities 2022: $0Net Assets 2022: $208,1252022Assets 2023: $206,309Liabilities 2023: $0Net Assets 2023: $206,3092023Assets 2024: $204,445Liabilities 2024: $0Net Assets 2024: $204,4452024

Highlighted filing

2016

Assets$153,698
Liabilities$0
Net Assets$153,698
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2015: $188,026Expenses 2015: $12,615Net Income 2015: $175,4112015Revenue 2016: -$16,769Expenses 2016: $4,944Net Income 2016: -$21,7132016Revenue 2017: -$4,444Expenses 2017: $15,585Net Income 2017: -$20,0292017Revenue 2018: $119,533Expenses 2018: $8,624Net Income 2018: $110,9092018Revenue 2019: -$3,636Expenses 2019: $39,924Net Income 2019: -$43,5602019Revenue 2020: $18Expenses 2020: $4,906Net Income 2020: -$4,8882020Revenue 2021: $18Expenses 2021: $2,285Net Income 2021: -$2,2672021Revenue 2022: $158Expenses 2022: $2,375Net Income 2022: -$2,2172022Revenue 2023: $608Expenses 2023: $2,424Net Income 2023: -$1,8162023Revenue 2024: $601Expenses 2024: $2,465Net Income 2024: -$1,8642024

Highlighted filing

2016

Revenue-$16,769
Expenses$4,944
Net Income-$21,713
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2015 to Nov 30, 2016
Signed
May 15, 2017
Return Version
2015v3.0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHUSHAN LICEOPT$0--
DONGMEI WANGCFO-$0--
Filing and Contact Details

Filer

Filer Name
Believe in Future Foundation
EIN
47-2530116
Phone
4087250369
Address
12663 LIDO WAY, SARATOGA, CA 95070

Signing Officer

Name
Shushan Li
Title
CEO
Signed
2017-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Eric Zhang & Associates LLP
Address
920 Hillview Court 180, Milpitas, CA 95035
Preparer
Eric Zhang CPA
Phone
4084358828
Raw XML Appendix260 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/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0SHUSHAN LI
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1DONGMEI WANG
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0Help underprivileged students in need of financial assistance as well as direct personal assistance to strive for their dreams and goals. Help impoverished music-loving students to achieve their dreamsIn 2016, Believe in Future Foundation awarded scholarships to 16 students, a total of $1500, in hopes for them to pursue their future music careers. From December 4th, 2015 to December 14th, 2016, Mr. Shushan Li visited Tianjin Middle School of Music to formally present these scholarships to these selected students.
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2FILING FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3INTEREST EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4OUTSIDE SERVICE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5POSTAGE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6PROGRAM EXPENSE
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt13
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt280
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OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt411
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt52506
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt097
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt087
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt13
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt280
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt397
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt41000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt511
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt62506
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHUSHAN LI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BELIEVE IN FUTURE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BELI
ReturnHeader/Filer/EIN0472530116
ReturnHeader/Filer/PhoneNum04087250369
ReturnHeader/Filer/USAddress/AddressLine1Txt012663 LIDO WAY
ReturnHeader/Filer/USAddress/CityNm0SARATOGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095070
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Eric Zhang & Associates LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0920 Hillview Court 180
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Milpitas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095035
ReturnHeader/PreparerPersonGrp/PhoneNum04084358828
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIC ZHANG CPA
ReturnHeader/ReturnTs02017-05-15T16:05:20-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02015-12-01
ReturnHeader/TaxPeriodEndDt02016-11-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

2016 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$153,698
Liabilities
$0
Net assets
$153,698
Revenue
-$16,769
Expenses
$4,944
Net income
-$21,713
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.
2024Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.01$0.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$0.01$0.02$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$0.00$0.02$0.02
2021Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$0.00$0.02$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$0.00$0.05$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.04$0.40$0.44
2018Detailed filing. Detailed filing data is available for this year.$2.61$0.00$2.61$1.20$0.09$1.11
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.04$0.16$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.17$0.05$0.22
2015Summary only. Only limited summary data is available for this year.$1.75$0.00$1.88$0.13$1.75