Civic Intelligence

W7 Foundation

990EZ • Fiscal year 2013 • EIN 61-1547835

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 01, 2014

Organization ProfileN/A
1854 Ontario Place NW20009

(202) 518-6922

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

55th percentile

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

100th percentile

1997900%

Faster asset growth than 100% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

16th percentile

-30%

Faster revenue growth than 16% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$19,980

Up $19,979 (+1997900%) from 2012

Net Assets

$19,980

No earlier filing loaded for comparison.

Liabilities

Down

$0

Down $116 (-100%) from 2012

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin83rd percentile

Revenue

Down

$72,157

Down $30,343 (-30%) from 2012

Expenses

Down

$52,061

Down $73,406 (-59%) from 2012

Net Income

Up

$20,096

Up $43,063 (+187%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$150K$100K$50K$0-$50KAssets 2012: $1Liabilities 2012: $1162012Assets 2013: $19,980Liabilities 2013: $0Net Assets 2013: $19,9802013Assets 2014: $20,355Liabilities 2014: $0Net Assets 2014: $20,3552014Assets 2015: $20,730Liabilities 2015: $0Net Assets 2015: $20,7302015Assets 2016: $21,105Net Assets 2016: $21,1052016Assets 2017: $21,480Net Assets 2017: $21,4802017Assets 2018: $0Liabilities 2018: $219Net Assets 2018: -$2192018Assets 2019: $1Liabilities 2019: $02019Assets 2020: $115,200Net Assets 2020: $115,2002020Assets 2021: $107,697Liabilities 2021: $02021Assets 2022: $102,269Net Assets 2022: $102,2692022Assets 2023: $145,107Liabilities 2023: $02023Assets 2024: $126,311Net Assets 2024: $126,3112024

Highlighted filing

2013

Assets$19,980
Liabilities$0
Net Assets$19,980
Open 2013 Filing

Operations Trend

Revenue Growth16th percentile

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

$150K$100K$50K$0-$50KRevenue 2012: $102,500Expenses 2012: $125,467Net Income 2012: -$22,9672012Revenue 2013: $72,157Expenses 2013: $52,061Net Income 2013: $20,0962013Revenue 2014: $65,000Expenses 2014: $64,625Net Income 2014: $3752014Revenue 2015: $65,000Expenses 2015: $64,625Net Income 2015: $3752015Revenue 2016: $65,000Expenses 2016: $64,625Net Income 2016: $3752016Revenue 2017: $65,000Expenses 2017: $64,625Net Income 2017: $3752017Revenue 2018: $7,692Expenses 2018: $10,349Net Income 2018: -$2,6572018Revenue 2019: $8,549Expenses 2019: $8,330Net Income 2019: $2192019Revenue 2020: $115,2002020Revenue 2021: $5,000Expenses 2021: $12,503Net Income 2021: -$7,5032021Revenue 2022: $32,461Expenses 2022: $29,084Net Income 2022: $3,3772022Revenue 2023: $52,883Expenses 2023: $10,045Net Income 2023: $42,8382023Revenue 2024: $6,038Expenses 2024: $31,062Net Income 2024: -$25,0242024

Highlighted filing

2013

Revenue$72,157
Expenses$52,061
Net Income$20,096
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 1, 2014
Return Version
2013v3.0
Gross Receipts
$72,157
Mission and Program Overview

Mission

To aid the poor children in North Korea

Program Services

DescriptionGrantsExpenses
To aid the poor children in North Korea$0$48,003
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Woong R KangPresidentPT$0--
Filing and Contact Details

Filer

EIN
61-1547835
Phone
2025186922

Signing Officer

Name
Woong R Kang
Title
President
Phone
2025186922
Signed
2014-11-01
Discuss with paid preparer
Yes

Preparer

Preparer
Robert M First CPA
Phone
8772669942
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Travel and per-diem. Amount: 15,658. Description: Supplies and equipment. Amount: 1,791. Description: Other direct costs. Amount: 1,943. Total to Form 990-EZ, line 16: 19,392.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Cash overdraft. Beg. of Year Amount: 116. End of Year Amount: 0.”

Raw XML Appendix119 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine10Woong Kang
IRS990EZ/BooksInCareOfDetail/PhoneNum02025186922
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine101854 Ontario Place NW
IRS990EZ/BooksInCareOfDetail/USAddress/City0Washington
IRS990EZ/BooksInCareOfDetail/USAddress/State0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode020009
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt019980
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt072157
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt020096
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027600
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountCntryCd0KS
IRS990EZ/ForeignFinancialAccountInd01
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt019980
IRS990EZ/GrossReceiptsAmt072157
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-116
IRS990EZ/NetAssetsOrFundBalancesEOYAmt019980
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-116
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt019980
IRS990EZ/OccupancyRentUtltsAndMaintAmt01600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Woong R Kang
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt019392
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To aid the poor children in North Korea
IRS990EZ/PrintingPublicationsPostageAmt03469
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To aid the poor children in North Korea
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt048003
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0116
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt052061
IRS990EZ/TotalProgramServiceExpensesAmt048003
IRS990EZ/TotalRevenueAmt072157
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0102500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0234657
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0234657
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0102500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0234657
IRS990ScheduleA/TotalSupportAmt0234657
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Travel and per-diem. Amount: 15,658. Description: Supplies and equipment. Amount: 1,791. Description: Other direct costs. Amount: 1,943. Total to Form 990-EZ, line 16: 19,392.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Cash overdraft. Beg. of Year Amount: 116. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26 - Other Liabilities
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Woong R Kang
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02025186922
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine10W7 Foundation
ReturnHeader/Filer/BusinessNameControlTxt0W7FO
ReturnHeader/Filer/EIN0611547835
ReturnHeader/Filer/PhoneNum02025186922
ReturnHeader/Filer/USAddress/AddressLine101854 Ontario Place NW
ReturnHeader/Filer/USAddress/City0Washington
ReturnHeader/Filer/USAddress/State0DC
ReturnHeader/Filer/USAddress/ZIPCode020009
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050519103
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Farmer and First PC CPA's
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10Six State Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Warren
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode002885
ReturnHeader/PreparerPersonGrp/PhoneNum08772669942
ReturnHeader/PreparerPersonGrp/PreparationDt02014-11-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert M First CPA
ReturnHeader/ReturnTs02014-11-12T08:05:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$19,980
Liabilities
$0
Net assets
$19,980
Revenue
$72,157
Expenses
$52,061
Net income
$20,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$1.26$0.06$0.31$0.25
2023Summary only. Only limited summary data is available for this year.$1.45$0.00$0.53$0.10$0.43
2022Detailed filing. Detailed filing data is available for this year.$1.02$1.02$0.32$0.29$0.03
2021Summary only. Only limited summary data is available for this year.$1.08$0.00$0.05$0.13$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$1.15$1.15
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.09$0.08$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.08$0.10$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.21$0.65$0.65$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.21$0.65$0.65$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.65$0.65$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.65$0.65$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.72$0.52$0.20
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$1.03$1.25$0.23