Civic Intelligence

Absolute Development and Exchange Foundation

990EZ • Fiscal year 2016 • EIN 47-2880866

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

Organization Profilewww.adaef.org
28 Chimney Rock RdBridgewater, NJ 08807

(732) 868-5151

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

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

75th percentile

22%

Higher net margin than 75% of similar nonprofits.

2016 filings • NTEE P20 • <$500k nonprofits • Source year 2016

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2016 filings • NTEE P20 • <$500k nonprofits • Source year 2016

Asset Growth

88th percentile

132%

Faster asset growth than 88% of similar nonprofits.

2016 filings • NTEE P20 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

97th percentile

306%

Faster revenue growth than 97% of similar nonprofits.

2016 filings • NTEE P20 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$24,913

Up $14,194 (+132%) from 2015

Net Assets

Up

$24,913

Up $14,194 (+132%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin75th percentile

Revenue

Up

$64,982

Up $48,982 (+306%) from 2015

Expenses

Up

$50,788

Up $45,507 (+862%) from 2015

Net Income

Up

$14,194

Up $3,475 (+32%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$80K$60K$40K$20K$0Assets 2015: $10,719Net Assets 2015: $10,7192015Assets 2016: $24,913Net Assets 2016: $24,9132016Assets 2017: $11,766Net Assets 2017: $11,7662017Assets 2018: $12,747Net Assets 2018: $12,7472018Assets 2019: $1,794Net Assets 2019: $1,7942019Assets 2020: $2,683Net Assets 2020: $2,6832020Assets 2021: $2,652Net Assets 2021: $2,6522021Assets 2022: $2,557Net Assets 2022: $2,5572022Assets 2023: $38,945Net Assets 2023: $38,9452023Assets 2024: $77,932Net Assets 2024: $77,9322024

Highlighted filing

2016

Assets$24,913
Liabilities-
Net Assets$24,913
Open 2016 Filing

Operations Trend

Revenue Growth97th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2015: $16,000Expenses 2015: $5,281Net Income 2015: $10,7192015Revenue 2016: $64,982Expenses 2016: $50,788Net Income 2016: $14,1942016Revenue 2017: $3,000Expenses 2017: $16,147Net Income 2017: -$13,1472017Revenue 2018: $75,000Expenses 2018: $74,019Net Income 2018: $9812018Revenue 2019: $37,000Expenses 2019: $47,953Net Income 2019: -$10,9532019Revenue 2020: $1,000Expenses 2020: $111Net Income 2020: $8892020Revenue 2021: $0Expenses 2021: $31Net Income 2021: -$312021Revenue 2022: $0Expenses 2022: $95Net Income 2022: -$952022Revenue 2023: $152,382Expenses 2023: $115,994Net Income 2023: $36,3882023Revenue 2024: $127,853Expenses 2024: $88,866Net Income 2024: $38,9872024

Highlighted filing

2016

Revenue$64,982
Expenses$50,788
Net Income$14,194
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$64,982
Mission and Program Overview

Mission

This foundation is promoting sport of fencing

Program Services

DescriptionGrantsExpenses
BY SUPPORTING AND DEVELOPING U.S. FENCING ATHLETES, COACHES, REFEREES, AND THE SPORT OVERALL TO ENSURE THE RESOURCES NECESSARY ARE MADE AVAILABLE TO PARTICIPATE FULLY IN THE FENCING MOVEMENT BOTH IN THE USA AND ABROAD.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY LUChairman-$0--
DONALD ANTHONYVice Chairman-$0--
AMANDA RONNINGSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Absolute Development and Exchange Foundation
EIN
47-2880866
Phone
7328685151
Address
28 CHIMNEY ROCK RD, BRIDGEWATER, NJ 08807

Signing Officer

Name
Gary Lu Chairman
Title
Chairman
Signed
2017-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Daniel Wing-Yu Ng PLLC
Address
27 EAST BROADWAY 4TH FLOOR, New York, NY 10002
Preparer
Daniel Wing-Yu Ng
Phone
2122262471
Supplemental Narrative

Additional Explanations

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

“Travel 24,676”

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

“Fundraising 370”

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

“Conferences, conventions, and meetings 24,677”

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

“User Fee 80”

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

“Accounting Fees 875”

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

“Bank Charges 110”

Raw XML Appendix139 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/USAddress/CityNm0BRIDGEWATER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008807
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010719
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IRS990EZ/ExcessOrDeficitForYearAmt014194
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AMANDA RONNING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt050788
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THIS FOUNDATION IS PROMOTING SPORT OF FENCING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BY SUPPORTING AND DEVELOPING U.S. FENCING ATHLETES, COACHES, REFEREES, AND THE SPORT OVERALL TO ENSURE THE RESOURCES NECESSARY ARE MADE AVAILABLE TO PARTICIPATE FULLY IN THE FENCING MOVEMENT BOTH IN THE USA AND ABROAD.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt050788
IRS990EZ/TotalRevenueAmt064982
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.adaef.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt064982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt016000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt080982
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt080982
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt064982
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt016000
IRS990ScheduleA/Total509Grp/TotalAmt080982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt064982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt016000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt080982
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 24,676
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Fundraising 370
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, conventions, and meetings 24,677
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3User Fee 80
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounting Fees 875
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Charges 110
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GARY LU CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ABSO
ReturnHeader/Filer/EIN0472880866
ReturnHeader/Filer/PhoneNum07328685151
ReturnHeader/Filer/USAddress/AddressLine1Txt028 CHIMNEY ROCK RD
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.245.147.170
ReturnHeader/FilingSecurityInformation/IPDt02017-05-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:58:33
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt027 EAST BROADWAY 4TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010002
ReturnHeader/PreparerPersonGrp/PhoneNum02122262471
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Wing-Yu Ng
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-05-08T12:12:25-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$24,913
Liabilities
-
Net assets
$24,913
Revenue
$64,982
Expenses
$50,788
Net income
$14,194
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.78$1.28$0.89$0.39
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.39$1.52$1.16$0.36
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.01$0.00$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.37$0.48$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.13$0.13$0.75$0.74$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.03$0.16$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.65$0.51$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.16$0.05$0.11