Civic Intelligence

Absolute Development and Exchange Foundation

990EZ • Fiscal year 2021 • EIN 47-2880866

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

2021 filings • NTEE P20 • <$500k nonprofits • Source year 2021

Asset Growth

37th percentile

-1.2%

Faster asset growth than 37% of similar nonprofits.

2021 filings • NTEE P20 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • NTEE P20 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$2,652

Down $31 (-1.2%) from 2020

Net Assets

Down

$2,652

Down $31 (-1.2%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$0

Down $1,000 (-100%) from 2020

Expenses

Down

$31

Down $80 (-72%) from 2020

Net Income

Down

-$31

Down $920 (-103%) from 2020

Historical Trend

Balance Sheet Trend

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

2021

Assets$2,652
Liabilities-
Net Assets$2,652

Operations Trend

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

2021

Revenue$0
Expenses$31
Net Income-$31
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$0
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, ANDTHE SPORT OVERALL TO ENSURE THE RESOURCES NECESSARY ARE MADE AVAILABLE TOPARTICIPATE FULLY IN THE FENCING MOVEMENT BOTH IN THE USA AND ABROAD.$0$0
Compensation and Service Providers

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
Phone
7328685151
Signed
2022-11-15

Preparer

Firm
Daniel Ng PLLC
Address
56 SAINT JAMES PL, NEW YORK, NY 10038
Preparer
Daniel Wing-Yu Ng
Phone
2122262471
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

Business license and permit 31.

Raw XML Appendix146 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/ProgramServiceRevenueAmt00
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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