Civic Intelligence

Absolute Development and Exchange Foundation

990EZ • Fiscal year 2017 • EIN 47-2880866

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 21, 2018

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

2nd percentile

-438%

Higher net margin than 2% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-53%

Faster asset growth than 10% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-95%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$11,766

Down $13,147 (-53%) from 2016

Net Assets

Down

$11,766

Down $13,147 (-53%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$3,000

Down $61,982 (-95%) from 2016

Expenses

Down

$16,147

Down $34,641 (-68%) from 2016

Net Income

Down

-$13,147

Down $27,341 (-193%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth10th 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

2017

Assets$11,766
Liabilities-
Net Assets$11,766
Open 2017 Filing

Operations Trend

Revenue Growth3rd 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

2017

Revenue$3,000
Expenses$16,147
Net Income-$13,147
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 21, 2018
Return Version
2017v2.2
Gross Receipts
$3,000
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 Pay82nd 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
Title
Chairman
Signed
2018-02-21
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 4,280”

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

“Conferences, conventions, and meetings 4,281”

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

“User Fee 60”

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

“Accounting Fees 500”

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

“Bank Charges 123”

Raw XML Appendix134 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/PhoneNum07328689003
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt028 CHIMNEY ROCK RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRIDGEWATER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008807
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt024913
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt011766
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt0-13147
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt04500
IRS990EZ/GrossReceiptsAmt03000
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024913
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011766
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024913
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011766
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GARY LU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DONALD ANTHONY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AMANDA RONNING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09244
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THIS FOUNDATION IS PROMOTING SPORT OF FENCING
IRS990EZ/PrintingPublicationsPostageAmt02403
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/TotalExpensesAmt016147
IRS990EZ/TotalRevenueAmt03000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.adaef.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt064982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt016000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt083982
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/PublicSupportTotal509Amt083982
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt064982
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt016000
IRS990ScheduleA/Total509Grp/TotalAmt083982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt064982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt016000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt083982
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel 4,280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, conventions, and meetings 4,281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2User Fee 60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounting Fees 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank Charges 123
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
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY LU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABSOLUTE DEVELOPMENT AND EXCHANGE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ABSO
ReturnHeader/Filer/EIN0472880866
ReturnHeader/Filer/PhoneNum07328685151
ReturnHeader/Filer/USAddress/AddressLine1Txt028 CHIMNEY ROCK RD
ReturnHeader/Filer/USAddress/CityNm0BRIDGEWATER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008807
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.245.147.170
ReturnHeader/FilingSecurityInformation/IPDt02018-02-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm018:41:19
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Daniel Wing-Yu Ng PLLC
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/PreparationDt02018-02-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Wing-Yu Ng
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-02-21T01:46:48-00:00
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
$11,766
Liabilities
-
Net assets
$11,766
Revenue
$3,000
Expenses
$16,147
Net income
-$13,147
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