Civic Intelligence

Ren Che Foundation

990PF • Fiscal year 2023 • EIN 47-5595677

Jan 01, 2023 to Dec 31, 2023 • Filed on May 08, 2024

1000 Second Avenue 34th FloorSeattle, WA 98104-1022

(206) 667-0300

Siviq Scores

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

Liabilities / Assets

31st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

29th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • $1M-$5M nonprofits • Source year 2023

Net Margin

5th percentile

-180%

Higher net margin than 5% of similar nonprofits.

2023 filings • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

46th percentile

$0

Higher top officer pay than 46% of similar nonprofits.

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

2023 filings • $1M-$5M nonprofits • Source year 2023

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2023 filings • $1M-$5M 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

Assets

Up

$1,367,142

Up $135,699 (+11%) from 2022

Net Assets

Up

$1,367,142

Up $171,199 (+14%) from 2022

Liabilities

Down

$0

Down $35,500 (-100%) from 2022

Revenue

Up

$27,961

Up $305,762 (+110%) from 2022

Expenses

Down

$78,170

Down $71,260 (-48%) from 2022

Net Income

Up

-$50,209

Up $377,022 (+88%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $1Liabilities 2015: $02015Assets 2019: $1,500,162Liabilities 2019: $223,000Net Assets 2019: $1,277,1622019Assets 2020: $1,888,604Liabilities 2020: $115,500Net Assets 2020: $1,773,1042020Assets 2021: $1,822,331Liabilities 2021: $71,800Net Assets 2021: $1,750,5312021Assets 2022: $1,231,443Liabilities 2022: $35,500Net Assets 2022: $1,195,9432022Assets 2023: $1,367,142Liabilities 2023: $0Net Assets 2023: $1,367,1422023Assets 2024: $1,458,130Liabilities 2024: $409Net Assets 2024: $1,457,7212024

Highlighted filing

2023

Assets$1,367,142
Liabilities$0
Net Assets$1,367,142

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $1Expenses 2015: $0Net Income 2015: $12015Revenue 2019: $1,035,786Expenses 2019: $152,180Net Income 2019: $883,6062019Revenue 2020: $333,813Expenses 2020: $144,250Net Income 2020: $189,5632020Revenue 2021: $122,921Expenses 2021: $68,326Net Income 2021: $54,5952021Revenue 2022: -$277,801Expenses 2022: $149,430Net Income 2022: -$427,2312022Revenue 2023: $27,961Expenses 2023: $78,170Net Income 2023: -$50,2092023Revenue 2024: $138,476Expenses 2024: $159,356Net Income 2024: -$20,8802024

Highlighted filing

2023

Revenue$27,961
Expenses$78,170
Net Income-$50,209
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 8, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELLY CHANGPresident/Director-$0--
DEREK WONGVice-President/Director-$0--
MICHAEL CHANGTreasurer/Director-$0--
MICHELE WONGSecretary/Director-$0--
Filing and Contact Details

Filer

Filer Name
Ren Che Foundation
EIN
47-5595677
In Care Of
% FOUNDATION MGMT GROUP LLC
Phone
2066670300
Address
1000 SECOND AVENUE 34TH FLOOR, SEATTLE, WA 98104-1022

Signing Officer

Name
Kelly Chang
Title
President
Phone
2066670300
Signed
2024-05-08
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Management Group LLC
Address
1000 2ND AVE 34TH FLOOR, SEATTLE, WA 98104-1022
Preparer
Madalina Dobra CPA
Phone
2066670300
Raw XML Appendix332 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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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0To support the Education - Campaign for a Big Future
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1To support the Climate-Smart Public Health
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt02812 116th Ave NW
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1PO Box 415649
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0BELLEVUE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1BOSTON
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd1022415649
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt060586
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt063874
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt063874
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt061687
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt065411
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt074364
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt051940
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt051940
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0202594
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt01132
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt061687
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt065411
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt074364
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02021
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02020
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02019
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt065006
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt01132
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0254534
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0253402
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0WEB PAGE EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0420
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0420
OtherIncreasesSchedule/OtherIncreasesDetail/Amt035500
OtherIncreasesSchedule/OtherIncreasesDetail/Amt1185908
OtherIncreasesSchedule/OtherIncreasesDetail/Desc0PY GRANTS PAID IN CURRENT YEAR
OtherIncreasesSchedule/OtherIncreasesDetail/Desc1CHANGE IN ASSETS FMV
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt05000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt111230
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0FOUNDATION MGMT. GROUP - FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1SCHWAB - INVESTMENT MGMT. FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt04000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt01000
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt111230
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt00
TaxesSchedule/TaxesDetail/AdjustedNetIncomeAmt10
TaxesSchedule/TaxesDetail/Amt0791
TaxesSchedule/TaxesDetail/Amt1143
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAX
TaxesSchedule/TaxesDetail/CategoryTxt1CY EXCISE TAX
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt0791
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt10
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELLY CHANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02066670300
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REN CHE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RENC
ReturnHeader/Filer/EIN0475595677
ReturnHeader/Filer/InCareOfNm0% FOUNDATION MGMT GROUP LLC
ReturnHeader/Filer/PhoneNum02066670300
ReturnHeader/Filer/USAddress/AddressLine1Txt01000 SECOND AVENUE 34TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0981041022
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FOUNDATION MANAGEMENT GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 2ND AVE 34TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SEATTLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0981041022
ReturnHeader/PreparerPersonGrp/PhoneNum02066670300
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MADALINA DOBRA CPA
ReturnHeader/ReturnTs02024-05-08T14:32:17-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KELLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHANG
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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