Civic Intelligence

Metta for Life Foundation

990EZ • Fiscal year 2017 • EIN 47-4679232

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 29, 2018

2995 Woodside Rd Ste 400Woodside, CA 94062

(408) 209-0481

Siviq Scores

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

Liabilities / Assets

75th percentile

0.07x

Higher debt load relative to assets than 75% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.06x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

93rd percentile

147%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

88th percentile

64%

Faster revenue growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$102,789

Up $61,127 (+147%) from 2016

Net Assets

Up

$95,623

Up $53,998 (+130%) from 2016

Liabilities

Up

$7,166

Up $7,129 (+19268%) from 2016

Revenue

Up

$122,878

Up $47,991 (+64%) from 2016

Expenses

Up

$75,867

Up $42,605 (+128%) from 2016

Net Income

Up

$47,011

Up $5,386 (+13%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2016: $41,662Liabilities 2016: $37Net Assets 2016: $41,6252016Assets 2017: $102,789Liabilities 2017: $7,166Net Assets 2017: $95,6232017Assets 2018: $84,209Liabilities 2018: $2,691Net Assets 2018: $81,5182018Assets 2019: $50,417Liabilities 2019: $594Net Assets 2019: $49,8232019Assets 2020: $41,079Liabilities 2020: $6,199Net Assets 2020: $34,8802020Assets 2021: $70,196Liabilities 2021: $3,747Net Assets 2021: $66,4492021Assets 2022: $22,303Liabilities 2022: $2,048Net Assets 2022: $20,2552022Assets 2023: $6,345Liabilities 2023: $2,269Net Assets 2023: $4,0762023Assets 2024: $292,986Liabilities 2024: $0Net Assets 2024: $292,9862024

Highlighted filing

2017

Assets$102,789
Liabilities$7,166
Net Assets$95,623

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $74,887Expenses 2016: $33,262Net Income 2016: $41,6252016Revenue 2017: $122,878Expenses 2017: $75,867Net Income 2017: $47,0112017Revenue 2018: $81,995Expenses 2018: $96,100Net Income 2018: -$14,1052018Revenue 2019: $78,880Expenses 2019: $110,575Net Income 2019: -$31,6952019Revenue 2020: $130,312Expenses 2020: $145,255Net Income 2020: -$14,9432020Revenue 2021: $125,143Expenses 2021: $93,574Net Income 2021: $31,5692021Revenue 2022: $87,850Expenses 2022: $134,044Net Income 2022: -$46,1942022Revenue 2023: $74,315Expenses 2023: $90,494Net Income 2023: -$16,1792023Revenue 2024: $345,138Expenses 2024: $83,861Net Income 2024: $261,2772024

Highlighted filing

2017

Revenue$122,878
Expenses$75,867
Net Income$47,011
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 29, 2018
Return Version
2017v2.3
Gross Receipts
$122,878
Mission and Program Overview

Mission

Metta for life foundation celebrates seniors by granting wishes to recipients who cannot fulfill their own wishes due to financial reasons. The wish may fulfill an immediate need, the last wish, or an unfulfilled lifetime wish. Big or small, all wishes are significant to the recipient. We grant wishes to celebrate life and show seniors we care. We acknowledge seniors for their contributions to our lives.

Metta for life foundation's mission is to grant wishes to support impoverished seniors in the surrounding community. It has been an incredible journey to see the positive impact through our make a wish program and grocery care package program.

Program Services

DescriptionGrantsExpenses
WE ARE PROUD TO BE ABLE TO GRANT 51 WISHES AS OF 2016 TO DATE, DELIVERED 520 CARE PACKAGES, AND HELPED SENIORS AFFECTED BY NATURAL DISASTERS. WE HOPE TO CONTINUE TO EXPAND OUR MISSION TO BRING POSITIVE FOOTPRINT TO OUR SENIORS ACROSS THE STATES BY EXTENDING OUR MAKE A WISH PROGRAM, CARE PACKAGE PROGRAM, AND IN-HOME CARE PROGRAM TO BETTER SERVE SENIORS WITH FINANCIAL CONSTRAINTS.$58,969$75,867
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THUY TRUONGPresidentPT$0--
MISTY CLARIDGETreasurer-$0--
DUNE NGUYENSecretary-$0--
THANH THAIVietnam Oper-$0--
JENNY NGOLegal-$0--
Filing and Contact Details

Filer

Filer Name
Metta for Life Foundation
EIN
47-4679232
Address
2995 WOODSIDE RD STE 400, WOODSIDE, CA 94062

Signing Officer

Name
Thuy Truong
Title
President
Phone
4082090481
Signed
2018-10-29

Preparer

Firm
Coastside Tax Consultants
Address
225 CABRILLO HWY S STE 105D, HALF MOON BAY, CA 94019-7205
Preparer
Cindy Chong
Phone
6507135089
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Cc rewards & misc refunds 598 total 598

Form 990-ez, Part I, Line 10

Cash contribution: 49,550

Form 990-ez, Part I, Line 10

Name: friends of hue foundation address: p.o. Box 1823 san jose, ca 95109 cash contribution: 8,000

Form 990-ez, Part I, Line 16

Expenses bank charges 90 communication/internet 88 meeting meals 401 office expense 335 travel expenses 7,367 total 8,281

Form 990-ez, Part I, Line 20

Prior year books adj 6,987

Form 990-ez, Part II, Line 26

CREDIT CARD 37 7,166

Form 990-ez, Part III

Metta for life foundation's mission is to grant wishes to support impoverished seniors in the surrounding community. It has been an incredible journey to see the positive impact through our make a wish program and grocery care package program.

Form 990-ez, Part III, Line 28

We are proud to be able to grant 51 wishes as of 2016 to date, delivered 520 care packages, and helped seniors affected by natural disasters. We hope to continue to expand our mission to bring positive footprint to our seniors across the states by extending our make a wish program, care package program, and in-home care program to better serve seniors with financial constraints.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CC REWARDS & MISC REFUNDS 598 TOTAL 598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CASH CONTRIBUTION: 49,550
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXPENSES BANK CHARGES 90 COMMUNICATION/INTERNET 88 MEETING MEALS 401 OFFICE EXPENSE 335 TRAVEL EXPENSES 7,367 TOTAL 8,281
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR YEAR BOOKS ADJ 6,987
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CREDIT CARD 37 7,166
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6METTA FOR LIFE FOUNDATION'S MISSION IS TO GRANT WISHES TO SUPPORT IMPOVERISHED SENIORS IN THE SURROUNDING COMMUNITY. IT HAS BEEN AN INCREDIBLE JOURNEY TO SEE THE POSITIVE IMPACT THROUGH OUR MAKE A WISH PROGRAM AND GROCERY CARE PACKAGE PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WE ARE PROUD TO BE ABLE TO GRANT 51 WISHES AS OF 2016 TO DATE, DELIVERED 520 CARE PACKAGES, AND HELPED SENIORS AFFECTED BY NATURAL DISASTERS. WE HOPE TO CONTINUE TO EXPAND OUR MISSION TO BRING POSITIVE FOOTPRINT TO OUR SENIORS ACROSS THE STATES BY EXTENDING OUR MAKE A WISH PROGRAM, CARE PACKAGE PROGRAM, AND IN-HOME CARE PROGRAM TO BETTER SERVE SENIORS WITH FINANCIAL CONSTRAINTS.
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ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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