Civic Intelligence

Absolute Development and Exchange Foundation

990EZ • Fiscal year 2023 • EIN 47-2880866

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 09, 2024

Organization ProfileN/A
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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

69th percentile

24%

Higher net margin than 69% of similar nonprofits.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

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.

2023 filings • NTEE P20 • <$500k nonprofits • Source year 2023

Asset Growth

97th percentile

1423%

Faster asset growth than 97% of similar nonprofits.

2023 filings • NTEE P20 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

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

Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$38,945

Up $36,388 (+1423%) from 2022

Net Assets

Up

$38,945

Up $36,388 (+1423%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin69th percentile

Revenue

Up

$152,382

Up $152,382 from 2022

Expenses

Up

$115,994

Up $115,899 (+121999%) from 2022

Net Income

Up

$36,388

Up $36,483 (+38403%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth97th 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

2023

Assets$38,945
Liabilities-
Net Assets$38,945
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2023

Revenue$152,382
Expenses$115,994
Net Income$36,388
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 9, 2024
Return Version
2023v5.1
Gross Receipts
$152,382
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.$152,382$152,382
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
Phone
7328685151
Signed
2024-10-09

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

“BANK CHARGES 55.”

Form 990EZ, Part I, Line 16

“TRAVEL 115426.”

Form 990EZ, Part I, Line 16

“Business license and permit 128.”

Raw XML Appendix144 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/BOYAmt02557
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038945
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0152382
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt036388
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0385
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02557
IRS990EZ/Form990TotalAssetsGrp/EOYAmt038945
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0152382
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02557
IRS990EZ/NetAssetsOrFundBalancesEOYAmt038945
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
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/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/OtherExpensesTotalAmt0115609
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THIS FOUNDATION IS PROMOTING SPORT OF FENCING
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BY 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0152382
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0152382
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0115994
IRS990EZ/TotalProgramServiceExpensesAmt0152382
IRS990EZ/TotalRevenueAmt0152382
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0152382
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt037000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0190382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0190382
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0152382
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt037000
IRS990ScheduleA/Total509Grp/TotalAmt0190382
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0190382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BANK CHARGES 55.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRAVEL 115426.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BUSINESS LICENSE AND PERMIT 128.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY LU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07328685151
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-09
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
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0264164621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Daniel Ng PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt056 SAINT JAMES PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010038
ReturnHeader/PreparerPersonGrp/PhoneNum02122262471
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Daniel Wing-Yu Ng
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-10-09T18:39:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$38,945
Liabilities
-
Net assets
$38,945
Revenue
$152,382
Expenses
$115,994
Net income
$36,388
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