Civic Intelligence

Kai Ming Inc.

990 • Fiscal year 2018 • EIN 51-0137847

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 29, 2018

900 Kearney StreetSan Francisco, CA 94133

(415) 982-4777

Siviq Scores

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

Liabilities / Assets

70th percentile

0.46x

Higher debt load relative to assets than 70% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

45th percentile

0.19x

Higher debt load relative to revenue than 45% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

39th percentile

$145,649

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

86th percentile

21%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

26%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,105,649

Up $714,546 (+21%) from 2017

Net Assets

Up

$2,217,724

Up $1,155,010 (+109%) from 2017

Liabilities

Down

$1,887,925

Down $440,464 (-19%) from 2017

Revenue

Up

$10,040,560

Up $2,047,124 (+26%) from 2017

Expenses

Up

$8,885,550

Up $804,340 (+10.0%) from 2017

Net Income

Up

$1,155,010

Up $1,242,784 (+1416%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $1,756,942Liabilities 2011: $700,824Net Assets 2011: $1,056,1182011Assets 2012: $1,907,643Liabilities 2012: $821,543Net Assets 2012: $1,086,1002012Assets 2013: $1,658,171Liabilities 2013: $566,037Net Assets 2013: $1,092,1342013Assets 2014: $1,784,131Liabilities 2014: $664,212Net Assets 2014: $1,119,9192014Assets 2015: $2,162,957Liabilities 2015: $1,020,120Net Assets 2015: $1,142,8372015Assets 2016: $2,443,602Liabilities 2016: $1,293,114Net Assets 2016: $1,150,4882016Assets 2017: $3,391,103Liabilities 2017: $2,328,389Net Assets 2017: $1,062,7142017Assets 2018: $4,105,649Liabilities 2018: $1,887,925Net Assets 2018: $2,217,7242018Assets 2019: $4,541,706Liabilities 2019: $2,100,200Net Assets 2019: $2,441,5062019Assets 2020: $5,980,047Liabilities 2020: $3,937,610Net Assets 2020: $2,042,4372020Assets 2021: $6,141,072Liabilities 2021: $5,756,159Net Assets 2021: $384,9132021Assets 2022: $9,933,620Liabilities 2022: $5,895,797Net Assets 2022: $4,037,8232022Assets 2023: $14,640,428Liabilities 2023: $10,321,862Net Assets 2023: $4,318,5662023Assets 2024: $14,476,930Liabilities 2024: $9,607,797Net Assets 2024: $4,869,1332024Assets 2025: $16,581,489Liabilities 2025: $10,909,456Net Assets 2025: $5,672,0332025

Highlighted filing

2018

Assets$4,105,649
Liabilities$1,887,925
Net Assets$2,217,724

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $3,586,407Expenses 2011: $3,556,998Net Income 2011: $29,4092011Revenue 2012: $3,902,140Expenses 2012: $3,872,158Net Income 2012: $29,9822012Revenue 2013: $3,933,348Expenses 2013: $3,927,314Net Income 2013: $6,0342013Revenue 2014: $4,457,493Expenses 2014: $4,461,575Net Income 2014: -$4,0822014Revenue 2015: $6,554,379Expenses 2015: $6,531,461Net Income 2015: $22,9182015Revenue 2016: $6,828,639Expenses 2016: $6,820,988Net Income 2016: $7,6512016Revenue 2017: $7,993,436Expenses 2017: $8,081,210Net Income 2017: -$87,7742017Revenue 2018: $10,040,560Expenses 2018: $8,885,550Net Income 2018: $1,155,0102018Revenue 2019: $11,072,566Expenses 2019: $10,848,784Net Income 2019: $223,7822019Revenue 2020: $11,594,270Expenses 2020: $11,993,339Net Income 2020: -$399,0692020Revenue 2021: $12,242,133Expenses 2021: $13,899,657Net Income 2021: -$1,657,5242021Revenue 2022: $18,604,713Expenses 2022: $14,951,804Net Income 2022: $3,652,9092022Revenue 2023: $22,307,613Expenses 2023: $22,026,870Net Income 2023: $280,7432023Revenue 2024: $24,113,769Expenses 2024: $23,563,202Net Income 2024: $550,5672024Revenue 2025: $25,630,226Expenses 2025: $24,827,326Net Income 2025: $802,9002025

Highlighted filing

2018

Revenue$10,040,560
Expenses$8,885,550
Net Income$1,155,010
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 29, 2018
Return Version
2017v2.2
Gross Receipts
$10,040,560
Mission and Program Overview

Mission

To provide education & supporting services to children.

To provide education & supportive service to children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$495,900$1,638,054▲ $1,142,154
Land, Buildings, and Equipment, Net$989,613$1,054,672▲ $65,059
Pledges and Grants Receivable$642,044$962,517▲ $320,473
Savings and Temporary Cash Investments$1,123,217$288,120▼ $835,097
Prepaid Expenses and Deferred Charges$91,297$112,756▲ $21,459
Cash and Non-Interest-Bearing Accounts$2,860$3,358▲ $498
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,391,103$4,105,649▲ $714,546
Other Assets Total$46,172$46,172→ $0
Liabilities
Deferred Revenue$1,651,532$1,267,968▼ $383,564
Accounts Payable and Accrued Expenses$654,816$597,913▼ $56,903
Other Liabilities$22,041$22,044▲ $3
Total Liabilities$2,328,389$1,887,925▼ $440,464
Net Assets / Fund Balance
Unrestricted Net Assets$1,062,714$1,619,436▲ $556,722
Temporarily Rstr Net Assets-$598,288-
Total Net Assets Fund Balance$1,062,714$2,217,724▲ $1,155,010
Total Liabilities and Net Assets / Fund Balance$3,391,103$4,105,649▲ $714,546

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$944,559$801,795$1,746,354
Other Land Buildings$110,113$399,399$509,512
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jerry YangExecutive DirectorFT$145,649$145,649

Board Members and Trustees

NameTitle
Karen ChinChairperson
Nancy Lim YeeVice President
David ChangDirector
Elizabeth LauDirector
Miranda LiDirector
Noordin NooraliDirector
Scott BurrellDirector
Winnie FongDirector
Michael HinckleySecretary
Edmond LauTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Thomson Construction IncRenovation services7 Ash Avenue, Kentfield, CA 94904$184,950
Revenue and Support

Revenue Composition

Contributions and Grants
$10,031,927
Program Service Revenue
$8,121
Investment Income
$512
Other Revenue
$0
All Other Contributions
$66,000
Change in Net Assets
$1,155,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,086,946
Other Expenses$2,798,604
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,820,833$520,012-$4,340,845
Other Employee Benefits$1,070,699$186,536-$1,257,235
Occupancy$525,972$96,841-$622,813
Fees for Services Other$479,746$67,591-$547,337
Payroll Taxes$292,294$50,923-$343,217
All Other Expenses$189,573$6,753-$196,326
Current Officers, Directors, Trustees, and Key Employees-$145,649-$145,649
Depreciation Depletion$133,647--$133,647
Other Expenses$77,028$3,742-$77,028
Advertising$49,519$2,610-$52,129
Travel$41,950$2,464-$44,414
Insurance$31,599$2,121-$33,720
Interest-$581-$581
Total Functional Expenses$7,796,392$1,089,158$0$8,885,550
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
CDE reserve$22,044
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

1.The agency's CPA shall prepare Form 990 for the board to review.2.The prepared Form 990 shall be circulated at the first scheduled board meeting following completion of Form 990 by the agency's CPA. All board members present will receive a copy.3.Any discussions will be captured in the minutes with respect to Form 990 prior to Board approval.4.Board shall approve all contents of Form 990 after review and discussion.5.The Executive Director shall sign Form 990 and file with the Internal Revenue Service upon board approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The organization monitors and enforces the conflicts policy on a on going basis,as well as reminding the directors regarding the conflicts of interest.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

1)Beginning compensation is based on the qualifications of each candidate,the organizational structure, Kai Ming's ability to compensate. 2)Yearly increases are based on the performance of the each staff during an evaluation period and the organization's abilty to compensate each staff by the personnel committee and are approved by the Board during meetings.3)Both salaries are recommended and approve during the budget process.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Kai Ming Inc
EIN
51-0137847
Phone
4159824777
Address
900 Kearney Street, San Francisco, CA 94133

Signing Officer

Name
Jerry YangPHD
Title
Executive Director
Signed
2018-12-29
Discuss with paid preparer
Yes

Organization Details

Formed
1975
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
118
Volunteers
10

Preparer

Firm
Allan Liu CPA
Address
201 WILLOW AVE, MILLBRAE, CA 94030-2536
Preparer
Allan Liu
Phone
6506921172
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IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0581
IRS990/InterestGrp/TotalAmt0581
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0512
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0512
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0495900
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01638054
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01201194
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0989613
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01054672
IRS990/LandBldgEquipCostOrOtherBssAmt02255866
IRS990/LegalDomicileStateCd0CA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To provide education & supportive service to children.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01062714
IRS990/NetAssetsOrFundBalancesEOYAmt02217724
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt096841
IRS990/OccupancyGrp/ProgramServicesAmt0525972
IRS990/OccupancyGrp/TotalAmt0622813
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt046172
IRS990/OtherAssetsTotalGrp/EOYAmt046172
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0186536
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01070699
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01257235
IRS990/OtherExpensesGrp/Desc0Program expenses
IRS990/OtherExpensesGrp/Desc1Supplies
IRS990/OtherExpensesGrp/Desc2Training
IRS990/OtherExpensesGrp/Desc3Maintenance & repairs
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03335
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13742
IRS990/OtherExpensesGrp/ProgramServicesAmt0509943
IRS990/OtherExpensesGrp/ProgramServicesAmt1448301
IRS990/OtherExpensesGrp/ProgramServicesAmt2125288
IRS990/OtherExpensesGrp/ProgramServicesAmt377028
IRS990/OtherExpensesGrp/TotalAmt0509943
IRS990/OtherExpensesGrp/TotalAmt1451636
IRS990/OtherExpensesGrp/TotalAmt2129030
IRS990/OtherExpensesGrp/TotalAmt377028
IRS990/OtherLiabilitiesGrp/BOYAmt022041
IRS990/OtherLiabilitiesGrp/EOYAmt022044
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0520012
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03820833
IRS990/OtherSalariesAndWagesGrp/TotalAmt04340845
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt050923
IRS990/PayrollTaxesGrp/ProgramServicesAmt0292294
IRS990/PayrollTaxesGrp/TotalAmt0343217
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0642044
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0962517
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt091297
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0112756
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Family fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08121
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08121
IRS990/ProgSrvcAccomActy2Grp/Desc0Head Start Program-Provides educational and supportive services to young children in order to promote their mental and physical development.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02693082
IRS990/ProgSrvcAccomActy3Grp/Desc0First Five of California (PFA)- First 5 California is dedicated to improving the lives of Californias young children and their families through a comprehensive system of education, health services, childcare, and other crucial programs.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02218436
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07975138
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0512
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02402569
IRS990/PYProgramServiceRevenueAmt017786
IRS990/PYRevenuesLessExpensesAmt0-87774
IRS990/PYSalariesCompEmpBnftPaidAmt05678641
IRS990/PYTotalExpensesAmt08081210
IRS990/PYTotalRevenueAmt07993436
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01155010
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01123217
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0288120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010040148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07992924
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06827350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06551461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04456803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt035868686
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0512
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0108
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01132
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01181
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02918
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0690
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04789
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99980
IRS990ScheduleA/PublicSupportPY170Pct00.99580
IRS990ScheduleA/PublicSupportTotal170Amt035868686
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010040148
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07992924
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06827350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06551461
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04456803
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt035868686
IRS990ScheduleA/TotalSupportAmt035874607
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0944559
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0801795
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01746354
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0110113
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0399399
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0509512
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022044
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CDE reserve
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01054672
IRS990ScheduleD/TotalBookValueSecuritiesAmt01638054
IRS990ScheduleD/TotalLiabilityAmt022044
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01.The agency's CPA shall prepare Form 990 for the board to review.2.The prepared Form 990 shall be circulated at the first scheduled board meeting following completion of Form 990 by the agency's CPA. All board members present will receive a copy.3.Any discussions will be captured in the minutes with respect to Form 990 prior to Board approval.4.Board shall approve all contents of Form 990 after review and discussion.5.The Executive Director shall sign Form 990 and file with the Internal Revenue Service upon board approval.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization monitors and enforces the conflicts policy on a on going basis,as well as reminding the directors regarding the conflicts of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21)Beginning compensation is based on the qualifications of each candidate,the organizational structure, Kai Ming's ability to compensate. 2)Yearly increases are based on the performance of the each staff during an evaluation period and the organization's abilty to compensate each staff by the personnel committee and are approved by the Board during meetings.3)Both salaries are recommended and approve during the budget process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$16.6$10.9$5.67$25.6$24.8$0.80
2024Detailed filing. Detailed filing data is available for this year.$14.5$9.61$4.87$24.1$23.6$0.55
2023Detailed filing. Detailed filing data is available for this year.$14.6$10.3$4.32$22.3$22.0$0.28
2022Detailed filing. Detailed filing data is available for this year.$9.93$5.90$4.04$18.6$15.0$3.65
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.14$5.76$0.38$12.2$13.9$1.66
2020Detailed filing. Detailed filing data is available for this year.$5.98$3.94$2.04$11.6$12.0$0.40
2019Detailed filing. Detailed filing data is available for this year.$4.54$2.10$2.44$11.1$10.8$0.22
2018Detailed filing. Detailed filing data is available for this year.$4.11$1.89$2.22$10.0$8.89$1.16
2017Detailed filing. Detailed filing data is available for this year.$3.39$2.33$1.06$7.99$8.08$0.09
2016Summary only. Only limited summary data is available for this year.$2.44$1.29$1.15$6.83$6.82$0.01
2015Summary only. Only limited summary data is available for this year.$2.16$1.02$1.14$6.55$6.53$0.02
2014Summary only. Only limited summary data is available for this year.$1.78$0.66$1.12$4.46$4.46$0.00
2013Summary only. Only limited summary data is available for this year.$1.66$0.57$1.09$3.93$3.93$0.01
2012Summary only. Only limited summary data is available for this year.$1.91$0.82$1.09$3.90$3.87$0.03
2011Summary only. Only limited summary data is available for this year.$1.76$0.70$1.06$3.59$3.56$0.03