Civic Intelligence

Asmc Foundation

990PF • Fiscal year 2021 • EIN 54-1824272

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 23, 2023

Organization Profile
5225 Wisconsin Avenue NW 316Washington, DC 20015

(202) 293-1414

Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

54th percentile

0.06x

Higher debt load relative to revenue than 54% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

Net Margin

1st percentile

-421%

Higher net margin than 1% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Source year 2021

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.

2021 filings • $1M-$5M nonprofits • Source year 2021

Asset Growth

8th percentile

-9.4%

Faster asset growth than 8% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-70%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$1,188,349

Down $123,508 (-9.4%) from 2020

Net Assets

Down

$1,186,550

Down $125,307 (-9.6%) from 2020

Liabilities

Up

$1,799

Up $1,799 from 2020

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin1st percentile

Revenue

Down

$29,750

Down $67,950 (-70%) from 2020

Expenses

Up

$155,057

Up $88,440 (+133%) from 2020

Net Income

Down

-$125,307

Down $156,390 (-503%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,954,390Liabilities 2010: $94,324Net Assets 2010: $1,860,0662010Assets 2011: $1,775,530Liabilities 2011: $76,029Net Assets 2011: $1,699,5012011Assets 2012: $1,893,563Liabilities 2012: $55,2362012Assets 2013: $2,139,016Liabilities 2013: $35,6832013Assets 2014: $1,597,907Liabilities 2014: $33,0682014Assets 2015: $1,524,867Liabilities 2015: $2,3992015Assets 2019: $1,280,781Liabilities 2019: $72019Assets 2020: $1,311,857Liabilities 2020: $0Net Assets 2020: $1,311,8572020Assets 2021: $1,188,349Liabilities 2021: $1,799Net Assets 2021: $1,186,5502021Assets 2022: $1,030,633Liabilities 2022: $304Net Assets 2022: $1,030,3292022Assets 2023: $961,688Liabilities 2023: $897Net Assets 2023: $960,7912023Assets 2024: $888,597Liabilities 2024: $1,499Net Assets 2024: $887,0982024

Highlighted filing

2021

Assets$1,188,349
Liabilities$1,799
Net Assets$1,186,550
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

$500K$0-$500K-$1.0MRevenue 2010: $41,927Expenses 2010: $122,488Net Income 2010: -$80,5612010Revenue 2011: $65,059Expenses 2011: $208,151Net Income 2011: -$143,0922011Revenue 2012: $191,987Expenses 2012: $56,825Net Income 2012: $135,1622012Revenue 2013: $307,602Expenses 2013: $42,596Net Income 2013: $265,0062013Revenue 2014: -$474,988Expenses 2014: $63,506Net Income 2014: -$538,4942014Revenue 2015: $5,337Expenses 2015: $47,708Net Income 2015: -$42,3712015Revenue 2019: -$35,856Expenses 2019: $103,264Net Income 2019: -$139,1202019Revenue 2020: $97,700Expenses 2020: $66,617Net Income 2020: $31,0832020Revenue 2021: $29,750Expenses 2021: $155,057Net Income 2021: -$125,3072021Revenue 2022: $514Expenses 2022: $156,735Net Income 2022: -$156,2212022Revenue 2023: $36,116Expenses 2023: $105,654Net Income 2023: -$69,5382023Revenue 2024: $54,426Expenses 2024: $128,119Net Income 2024: -$73,6932024

Highlighted filing

2021

Revenue$29,750
Expenses$155,057
Net Income-$125,307
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 23, 2023
Return Version
2021v4.0
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GARY CHARTRANDChairman-$0--
MARK BAUMTrustee & Pr-$0--
DEREK WILSONTrustee-$0--
BARRY C MALONEYSec.; Treasu-$0--
Filing and Contact Details

Filer

Filer Name
Asmc Foundation
EIN
54-1824272
Phone
2022931414
Address
5225 WISCONSIN AVENUE NW 316, WASHINGTON, DC 20015

Signing Officer

Name
Barry C Maloney
Title
SEC.; TREASURER; CFO
Phone
2022931414
Signed
2023-11-23
Discuss with paid preparer
Yes

Preparer

Firm
Michael Rinaldi & Co Llp
Address
5028 WISCONSIN AVE NW SUITE 300, WASHINGTON, DC 20016-4118
Preparer
Lily L Tse
Phone
2023638500
Raw XML Appendix289 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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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0INDIRECT ACCOUNTING FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt031356
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc0WELLS FARGO - ACCT 1347
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/AssetDesc1WELLS FARGO - ACCT 1347
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt02315
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/BasisAmt180791
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt02816
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/GrossSalesPriceAmt1115598
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GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt0501
GainLossSaleOtherAssetsSch/GainLossSaleOtherAssetGrp/TotalNetAmt128265
InvestmentsOtherSchedule2/InvestmentsOtherGrp/BookValueAmt0527295
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0INVESTMENTS - MUTUTAL FUNDS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/EOYFMVAmt0647709
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd0FMV
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt016970
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt047742
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd014
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IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt016970
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-125307
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt0137390
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesDsbrsChrtblAmt044227
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt044227
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt047742
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IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt02635
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IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeAdjNetIncmAmt0-34962
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt0-34962
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0-34962
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt0115
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt0115
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt0-17992
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0155057
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0155057
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt0984
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt029750
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0155057
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0155057
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt018976
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-125307
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt01186550
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt01311857
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt01186550
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt060340
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt060340
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt060340
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt060354
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt014
IRS990PF/DistributableAmountGrp/TotalTaxAmt014
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt014
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt014
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt014
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt014
IRS990PF/FMVAssetsEOYAmt01308763
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IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblAmt037870
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblBOYAmt037870
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYAmt037870
IRS990PF/Form990PFBalanceSheetsGrp/AcctRcvblEOYFMVAmt037870
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt065699
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt049884
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt049884
IRS990PF/Form990PFBalanceSheetsGrp/DonorRstrNetAssetsBOYAmt016593
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IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsBOYAmt01295264
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsEOYAmt01169957
IRS990PF/Form990PFBalanceSheetsGrp/OrganizationFollowsFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt0679278
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt0568000
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IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt0524585
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IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt01311857
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IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt01311857
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IRS990PF/MethodOfAccountingAccrualInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt01225457
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt029910
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0627547
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt018382
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt0568000
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt060354
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt01207075
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt30
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt30
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0GARY CHARTRAND
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1MARK BAUM
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2DEREK WILSON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm3BARRY C MALONEY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0CHAIRMAN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1TRUSTEE & PR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2TRUSTEE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt3SEC.; TREASU
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0C/O 5225 WISCONSIN AVE NW
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt2C/O 5225 WISCONSIN AVE NW 316
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt3C/O 5225 WISCONSIN AVE NW 316
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0WASHINGTON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1WASHINGTON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm2WASHINGTON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm3WASHINGTON
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0DC
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd2DC
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd3DC
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IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt0155057
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
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IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
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IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0BARRY C MALONEY
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0DC
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd020015
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IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum02022931414
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IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
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IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
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/AppliedToCurrentYearAmt060340
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt060340
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt01721
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt035191
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt074721
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt062607
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt047786
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt047786
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0268957
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt094717
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt01721
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt035191
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt074721
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt062607
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0155057
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt094717
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0316743
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0222026
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0INDIRECT LEGAL FEES
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt044227
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt044227
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0513316
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt1165962
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0FUND FOR BROKER ADVANCEMENT
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc1CASH SURRENDER VALUE - LIFE INSURANC
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt0437000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt1131000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt0437000
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt1131000
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1OFFICE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2INVESTMENT EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0408
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt176316
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0408
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt176316
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt0-34962
OtherIncomeSchedule2/OtherIncomeDetail/Desc0INVESTMENT LOSS - OTHER
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0-34962
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0-34962
ReasonableCauseExplanation/ExplanationTxt0ATTACHED AGAIN IS THE ORIGINAL OF THE ASMC FOUNDATION'S U.S. FORM 990-PF (BEING FILED ELECTRONICALLY THIS TIME) FOR THE YEAR ENDED DECEMBER 31, 2021. THERE WAS NO MISSING INFORMATION FROM THE PREVIOUSLY PAPER FILED RETURN NOR ARE THERE ANY AMENDMENTS NEEDED THERETO AT THIS TIME. WE TIMELY FILED SAID RETURN BY MAIL ON NOVEMBER 15, 2022 BUT DIDN'T REALIZE THE IRS WAS REQUESTING AN ELECTRONIC COPY FOR RETURNS STARTING IN 2020. THIS OVERSIGHT OCCURRED DURING THE COVID PANDEMIC WHEN THE DC GOVERNMENT ISSUED MANDATORY ORDERS TO ALL DC BUSINESS PRECLUDING THEIR USE OF THEIR OFFICES IN DC. THE DOCUMENTS WERE MISTAKENLY PLACED INTO A FILE FOLDER IN ARCHIVE STORAGE. THE STAFF MEMBER RESPONSIBLE FOR SAID FILING IS NO LONGER WITH THIS LAW FIRM WHICH FURTHER COMPLICATED OUR RESPONSE. IT CAME TO OUR ATTENTION WHEN PREPARING THE ORGANIZATION'S U.S. FORM 990-PF FOR TAX YEAR 2022 THAT THE IRS REQUIRED ELECTRONIC FILING OF ALL FORMS 990 SINCE 2020. IN VIEW OF THE FOREGOING REASONABLE CAUSES, WE RESPECTFULLY REQUEST YOU WAIVE ANY PENALTIES RELATED TO THE PAPER FILING.
TaxesSchedule/TaxesDetail/Amt0115
TaxesSchedule/TaxesDetail/CategoryTxt0EXCISE TAX
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt0115
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BARRY C MALONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC.; TREASURER; CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02022931414
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASMC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ASMC
ReturnHeader/Filer/EIN0541824272
ReturnHeader/Filer/PhoneNum02022931414
ReturnHeader/Filer/USAddress/AddressLine1Txt05225 WISCONSIN AVENUE NW 316
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020015
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481267223
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL RINALDI & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05028 WISCONSIN AVE NW SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0200164118
ReturnHeader/PreparerPersonGrp/PhoneNum02023638500
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LILY L TSE
ReturnHeader/ReturnTs02023-11-30T10:46:08-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BARRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MALONEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,188,349
Liabilities
$1,799
Net assets
$1,186,550
Revenue
$29,750
Expenses
$155,057
Net income
-$125,307
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.05$0.13$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.04$0.11$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.00$0.16$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.03$0.16$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.10$0.07$0.03
2019Summary only. Only limited summary data is available for this year.$1.28$0.00$0.04$0.10$0.14
2015Summary only. Only limited summary data is available for this year.$1.52$0.00$0.01$0.05$0.04
2014Summary only. Only limited summary data is available for this year.$1.60$0.03$0.47$0.06$0.54
2013Summary only. Only limited summary data is available for this year.$2.14$0.04$0.31$0.04$0.27
2012Summary only. Only limited summary data is available for this year.$1.89$0.06$0.19$0.06$0.14
2011Summary only. Only limited summary data is available for this year.$1.78$0.08$1.70$0.07$0.21$0.14
2010Summary only. Only limited summary data is available for this year.$1.95$0.09$1.86$0.04$0.12$0.08