Civic Intelligence

Ff Fraternity Inc

990EZ • Fiscal year 2020 • EIN 47-4620441

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 22, 2021

1433 Cortez CourtWalnut Creek, CA 94598

(925) 930-7284

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.03x

Higher debt load relative to revenue than 65% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

97th percentile

60%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-80%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$211,890

Up $19,518 (+10%) from 2019

Net Assets

Up

$210,490

Up $29,092 (+16%) from 2019

Liabilities

Down

$1,400

Down $9,574 (-87%) from 2019

Revenue

Down

$48,428

Down $196,411 (-80%) from 2019

Expenses

Down

$19,336

Down $222,217 (-92%) from 2019

Net Income

Up

$29,092

Up $25,806 (+785%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $0Net Assets 2015: $02015Assets 2016: $102,618Liabilities 2016: $3,409Net Assets 2016: $99,2092016Assets 2017: $306,831Liabilities 2017: $9,227Net Assets 2017: $297,6042017Assets 2018: $188,719Liabilities 2018: $10,607Net Assets 2018: $178,1122018Assets 2019: $192,372Liabilities 2019: $10,974Net Assets 2019: $181,3982019Assets 2020: $211,890Liabilities 2020: $1,400Net Assets 2020: $210,4902020Assets 2021: $219,456Liabilities 2021: $1,150Net Assets 2021: $218,3062021Assets 2022: $235,353Liabilities 2022: $38,772Net Assets 2022: $196,5812022Assets 2023: $202,917Liabilities 2023: $866Net Assets 2023: $202,0512023Assets 2024: $248,505Liabilities 2024: $960Net Assets 2024: $247,5452024

Highlighted filing

2020

Assets$211,890
Liabilities$1,400
Net Assets$210,490

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $02015Revenue 2016: $161,464Expenses 2016: $62,255Net Income 2016: $99,2092016Revenue 2017: $237,492Expenses 2017: $39,097Net Income 2017: $198,3952017Revenue 2018: $321,551Expenses 2018: $442,043Net Income 2018: -$120,4922018Revenue 2019: $244,839Expenses 2019: $241,553Net Income 2019: $3,2862019Revenue 2020: $48,428Expenses 2020: $19,336Net Income 2020: $29,0922020Revenue 2021: $51,798Expenses 2021: $43,982Net Income 2021: $7,8162021Revenue 2022: $155,205Expenses 2022: $176,930Net Income 2022: -$21,7252022Revenue 2023: $66,773Expenses 2023: $61,303Net Income 2023: $5,4702023Revenue 2024: $323,542Expenses 2024: $278,048Net Income 2024: $45,4942024

Highlighted filing

2020

Revenue$48,428
Expenses$19,336
Net Income$29,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 22, 2021
Return Version
2020v4.0
Gross Receipts
$48,428
Mission and Program Overview

Mission

Founded in 1910, ff fraternity is a global brotherhood of academics, professionals and entrepreneurs, and has evolved into one of the most active and influential chinese fraternal organizations in the us. The strength of our non-profit and non-political organization comes from its highly qualified members and their determination to build on their mission of "fellowship and service." currently, there are active lodges in boston, hong kong, los angeles, montreal, new york, san francisco, shanghai, singapore, and washington d.c.

Program Services

DescriptionGrantsExpenses
THE OBJECTIVE AND PURPOSE OF THE FRATERNITY IS TO CULTIVATE FRATERNAL COMRADESHIP; TO UPHOLD A HIGH STANDARD OF CONDUCT IN PRIVATE AND PUBLIC LIFE; TO ENCOURAGE A HIGH STANDARD OF ACHIEVEMENT AND TO ASSIST, BY ALL HONORABLE MEANS, IN THE ADVANCEMENT OF THE FF BROTHERS IN THEIR WORKS.THE FRATERNITY HAS ALWAYS BEEN STUDIOUSLY NON-POLITICAL. IT IS ONE OF THE PHILOSOPHIES THAT CONTRIBUTES TO THE PERPETUITY OF THE FRATERNITY.THE MOTTO OF THE FRATERNITY IS "FELLOWSHIP AND SERVICE," THAT IS, TO PROVIDE FELLOWSHIP AMONG FRATERNITY BROTHERS AND TO PROVIDE SERVICE TO THE FRATERNITY AND ITS BROTHERS.$14,345-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PHILIP MOKPresident-$0--
MICHAEL KINGSecretary-$0--
VICTOR YOUNGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Ff Fraternity Inc
EIN
47-4620441
Phone
9259307284
Address
1433 CORTEZ COURT, WALNUT CREEK, CA 94598

Signing Officer

Name
Michael King
Title
Secretary
Signed
2021-03-22
Discuss with paid preparer
Yes

Preparer

Firm
Fong Ko & Associates Llp
Address
1510 FASHION ISLAND BLVD STE 200, SAN MATEO, CA 94404
Preparer
Oliver Laiming Ko
Phone
6502869966
Supplemental Narrative

Additional Explanations

Other Revenue.1

CASH BACK $42

Other Expenses.1012

Insurance $2003

Other Expenses.1

CNY PARTY $6230

Other Expenses.2

SHIRT COST $4125

Other Expenses.3

Website and app expense $2133

Other Expenses.4

SOCIAL EVENTS $1679

Other Expenses.5

RECRUITING EXPENSE $840

Other Expenses.6

GOLF EXPENSE $669

Other Expenses.7

Fellowship and social exp $306

Other Expenses.8

OTHER EVENT EXPENSE $270

Other Expenses.9

REUNION EXPENSE $226

Other Expenses.10

BUSINESS MEETING $85

Other Expenses.11

MISCELLANEOUS $81

Other Expenses.12

FILING FEE $60

Other Assets.1005

Accounts Receivable - Beginning $4775 Accounts Receivable - Ending $9851

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $244 Prepaid Expenses and Deferred Charges - Ending $0

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $2321 Accounts Payable and Accrued Expenses - Ending $1400

Total Liabilities.1

COMMUNITY SERVICE LIABILITY - Beginning $4046 COMMUNITY SERVICE LIABILITY - Ending $0

Total Liabilities.2

R TING FUND - Beginning $4010 R TING FUND - Ending $0

Total Liabilities.3

SPECIAL FF FUND - Beginning $596 SPECIAL FF FUND - Ending $0

Raw XML Appendix152 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL KING
IRS990EZ/BooksInCareOfDetail/PhoneNum09259307284
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01433 CORTEZ COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALNUT CREEK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd094598
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0187352
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0202039
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt037158
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt029092
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0629
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0192371
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0211890
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt048428
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0181398
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0210490
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0181398
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0210490
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PHILIP MOK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL KING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VICTOR YOUNG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05019
IRS990EZ/OtherAssetsTotalDetail/EOYAmt09851
IRS990EZ/OtherExpensesTotalAmt018707
IRS990EZ/OtherRevenueTotalAmt042
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FOUNDED IN 1910, FF FRATERNITY IS A GLOBAL BROTHERHOOD OF ACADEMICS, PROFESSIONALS AND ENTREPRENEURS, AND HAS EVOLVED INTO ONE OF THE MOST ACTIVE AND INFLUENTIAL CHINESE FRATERNAL ORGANIZATIONS IN THE US. THE STRENGTH OF OUR NON-PROFIT AND NON-POLITICAL ORGANIZATION COMES FROM ITS HIGHLY QUALIFIED MEMBERS AND THEIR DETERMINATION TO BUILD ON THEIR MISSION OF "FELLOWSHIP AND SERVICE." CURRENTLY, THERE ARE ACTIVE LODGES IN BOSTON, HONG KONG, LOS ANGELES, MONTREAL, NEW YORK, SAN FRANCISCO, SHANGHAI, SINGAPORE, AND WASHINGTON D.C.
IRS990EZ/ProgramServiceRevenueAmt011228
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE OBJECTIVE AND PURPOSE OF THE FRATERNITY IS TO CULTIVATE FRATERNAL COMRADESHIP; TO UPHOLD A HIGH STANDARD OF CONDUCT IN PRIVATE AND PUBLIC LIFE; TO ENCOURAGE A HIGH STANDARD OF ACHIEVEMENT AND TO ASSIST, BY ALL HONORABLE MEANS, IN THE ADVANCEMENT OF THE FF BROTHERS IN THEIR WORKS.THE FRATERNITY HAS ALWAYS BEEN STUDIOUSLY NON-POLITICAL. IT IS ONE OF THE PHILOSOPHIES THAT CONTRIBUTES TO THE PERPETUITY OF THE FRATERNITY.THE MOTTO OF THE FRATERNITY IS "FELLOWSHIP AND SERVICE," THAT IS, TO PROVIDE FELLOWSHIP AMONG FRATERNITY BROTHERS AND TO PROVIDE SERVICE TO THE FRATERNITY AND ITS BROTHERS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt014345
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt010973
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01400
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt019336
IRS990EZ/TotalProgramServiceExpensesAmt014345
IRS990EZ/TotalRevenueAmt048428
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH BACK $42
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Insurance $2003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CNY PARTY $6230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SHIRT COST $4125
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEBSITE AND APP EXPENSE $2133
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SOCIAL EVENTS $1679
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RECRUITING EXPENSE $840
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOLF EXPENSE $669
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FELLOWSHIP AND SOCIAL EXP $306
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9OTHER EVENT EXPENSE $270
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10REUNION EXPENSE $226
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BUSINESS MEETING $85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MISCELLANEOUS $81
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13FILING FEE $60
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Accounts Receivable - Beginning $4775 Accounts Receivable - Ending $9851
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Prepaid Expenses and Deferred Charges - Beginning $244 Prepaid Expenses and Deferred Charges - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Accounts Payable and Accrued Expenses - Beginning $2321 Accounts Payable and Accrued Expenses - Ending $1400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17COMMUNITY SERVICE LIABILITY - Beginning $4046 COMMUNITY SERVICE LIABILITY - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18R TING FUND - Beginning $4010 R TING FUND - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19SPECIAL FF FUND - Beginning $596 SPECIAL FF FUND - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Total Liabilities.3
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FF FRATERNITY INC
ReturnHeader/Filer/BusinessNameControlTxt0FFFR
ReturnHeader/Filer/EIN0474620441
ReturnHeader/Filer/PhoneNum09259307284
ReturnHeader/Filer/USAddress/AddressLine1Txt01433 CORTEZ COURT
ReturnHeader/Filer/USAddress/CityNm0WALNUT CREEK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094598
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204014608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FONG KO & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01510 FASHION ISLAND BLVD STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN MATEO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094404
ReturnHeader/PreparerPersonGrp/PhoneNum06502869966
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Oliver Laiming Ko
ReturnHeader/ReturnTs02021-03-22T17:25:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHAEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KING
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings