Civic Intelligence

Charming Will Foundation Inc.

990EZ • Fiscal year 2017 • EIN 47-2836311

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

Organization Profile
11 Wood AvenueAlbertson, NY 11507

(516) 987-5000

Siviq Scores

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

Liabilities / Assets

88th percentile

0.46x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • NTEE Q • <$500k nonprofits • Source year 2017

Liabilities / Revenue

83rd percentile

0.06x

Higher debt load relative to revenue than 83% of similar nonprofits.

2017 filings • NTEE Q • <$500k nonprofits • Source year 2017

Net Margin

22nd percentile

-14%

Higher net margin than 22% of similar nonprofits.

2017 filings • NTEE Q • <$500k nonprofits • Source year 2017

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2017 filings • NTEE Q • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-50%

Faster asset growth than 14% of similar nonprofits.

2017 filings • NTEE Q • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

384%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • NTEE Q • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$6,365

Down $6,485 (-50%) from 2016

Net Assets

Down

$3,415

Down $6,485 (-66%) from 2016

Liabilities

Flat

$2,950

Flat from 2016

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin22nd percentile

Revenue

Up

$47,593

Up $37,756 (+384%) from 2016

Expenses

Up

$54,078

Up $51,661 (+2137%) from 2016

Net Income

Down

-$6,485

Down $13,905 (-187%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$30K$20K$10K$0Assets 2015: $5,430Liabilities 2015: $2,950Net Assets 2015: $2,4802015Assets 2016: $12,850Liabilities 2016: $2,950Net Assets 2016: $9,9002016Assets 2017: $6,365Liabilities 2017: $2,950Net Assets 2017: $3,4152017Assets 2018: $10,126Liabilities 2018: $2,950Net Assets 2018: $7,1762018Assets 2019: $10,104Liabilities 2019: $2,950Net Assets 2019: $7,1542019Assets 2023: $25,246Liabilities 2023: $0Net Assets 2023: $25,2462023

Highlighted filing

2017

Assets$6,365
Liabilities$2,950
Net Assets$3,415
Open 2017 Filing

Operations Trend

Revenue Growth97th percentile

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

$100K$50K$0-$50KRevenue 2015: $7,342Expenses 2015: $4,862Net Income 2015: $2,4802015Revenue 2016: $9,837Expenses 2016: $2,417Net Income 2016: $7,4202016Revenue 2017: $47,593Expenses 2017: $54,078Net Income 2017: -$6,4852017Revenue 2018: $7,527Expenses 2018: $3,766Net Income 2018: $3,7612018Revenue 2019: $86,959Expenses 2019: $86,981Net Income 2019: -$222019Revenue 2023: $24,151Expenses 2023: $6,196Net Income 2023: $17,9552023

Highlighted filing

2017

Revenue$47,593
Expenses$54,078
Net Income-$6,485
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.2
Gross Receipts
$47,593
Mission and Program Overview

Mission

Charitable Activities

Program Services

DescriptionGrantsExpenses
To Encourage & promoting cultural understanding & communications among Chinese Americans specially young people and with other ethnic groups in American & Taiwanese Communities--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer H TungPresidentPT$0--
Huei-Li TongTreasurer-$0--
Yuhpyng HwangVice President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Banqu$32,950$32,950$47,298$-14,348
Summer Camp$9,028$9,028-$9,028
Total Events$41,978$41,978$47,298$-5,320
Filing and Contact Details

Filer

Filer Name
Charming Will Foundation Inc
EIN
47-2836311
Address
11 Wood Avenue, Albertson, NY 11507

Signing Officer

Name
Jennifer Tung
Title
President
Phone
5169875000
Signed
2018-05-08
Discuss with paid preparer
Yes

Preparer

Firm
YJCPA and Business Services
Address
118-21 Queens Blvd Ste 418, Forest Hills, NY 11375
Preparer
Sharon Yang
Phone
7189059884
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBank Charge 130Accounting 500Networking Exp 1,881Board Meeting 180Oversea Student Thanksgiving Event 639”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearShareholder Loan to Incorporat 1,850 1,850Shareholder Loan to fund Bank 1,100 1,100”

Raw XML Appendix157 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Jennifer H Tung
IRS990EZ/BooksInCareOfDetail/PhoneNum05169875000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011 Wood Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Albertson
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011507
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt012850
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06365
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt05615
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6485
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012850
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IRS990EZ/FundraisingGrossIncomeAmt041978
IRS990EZ/GrossReceiptsAmt047593
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt02950
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09900
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03415
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09900
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03415
IRS990EZ/OccupancyRentUtltsAndMaintAmt046998
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jennifer H Tung
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Huei-Li Tong
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Yuhpyng Hwang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt03330
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Charitable Activities
IRS990EZ/PrintingPublicationsPostageAmt03750
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To Encourage & promoting cultural understanding & communications among Chinese Americans specially young people and with other ethnic groups in American & Taiwanese Communities
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt041978
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02950
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02950
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt054078
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt047593
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0986
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt013943
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt013943
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0986
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07342
IRS990ScheduleA/Total509Grp/TotalAmt013943
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt05615
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0986
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07342
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013943
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt047298
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Summer Camp
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Annual Banqu
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt09028
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt032950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt041978
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt09028
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt032950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt041978
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-5320
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt047298
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt047298
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02950
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Bank Acct&Incorpo
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt02950
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Jennifer Tung
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt02950
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountBank Charge 130Accounting 500Networking Exp 1,881Board Meeting 180Oversea Student Thanksgiving Event 639
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearShareholder Loan to Incorporat 1,850 1,850Shareholder Loan to fund Bank 1,100 1,100
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jennifer Tung
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05169875000
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHARMING WILL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CHAR
ReturnHeader/Filer/EIN0472836311
ReturnHeader/Filer/USAddress/AddressLine1Txt011 Wood Avenue
ReturnHeader/Filer/USAddress/CityNm0Albertson
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011507
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E7A010A5A336564BDE5BCB003CD6550E2665CA20
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E7A010A5A336564BDE5BCB003CD6550E2665CA20
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId01200452018128k15bmkx
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-05-08
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.250.46.161
ReturnHeader/FilingSecurityInformation/IPDt02018-05-08
ReturnHeader/FilingSecurityInformation/IPTm016:11:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208357075
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YJCPA and Business Services
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0118-21 Queens Blvd Ste 418
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Forest Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011375
ReturnHeader/PreparerPersonGrp/PhoneNum07189059884
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sharon Yang
ReturnHeader/ReturnTs02018-05-08T16:09:44-04:00
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
$6,365
Liabilities
$2,950
Net assets
$3,415
Revenue
$47,593
Expenses
$54,078
Net income
-$6,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$25.2$0.00$25.2$24.2$6.20$18.0
2019Detailed filing. Detailed filing data is available for this year.$10.1$2.95$7.15$87.0$87.0$0.02
2018Detailed filing. Detailed filing data is available for this year.$10.1$2.95$7.18$7.53$3.77$3.76
2017Detailed filing. Detailed filing data is available for this year.$6.37$2.95$3.42$47.6$54.1$6.49
2016Detailed filing. Detailed filing data is available for this year.$12.9$2.95$9.90$9.84$2.42$7.42
2015Detailed filing. Detailed filing data is available for this year.$5.43$2.95$2.48$7.34$4.86$2.48