Civic Intelligence

Fa Bene Foundation Inc

990PF • Fiscal year 2022 • EIN 65-0523860

Jan 01, 2022 to Oct 19, 2022 • Filed on Mar 10, 2023

151 Crandon Blvd Apt 925Key Biscayne, FL 33149

(305) 361-8372

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

59th percentile

0.00x

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

2022 filings • <$500k nonprofits • Source year 2022

Net Margin

43rd percentile

0.0%

Higher net margin than 43% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-96%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Flat

$0

Flat from 2021

Net Assets

Flat

$0

Flat from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$1,687

Down $38,364 (-96%) from 2021

Expenses

Down

$1,687

Down $1,279,383 (-100%) from 2021

Net Income

Up

$0

Up $1,241,019 (+100%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $448,784Liabilities 2010: $0Net Assets 2010: $448,7842010Assets 2011: $394,042Liabilities 2011: $02011Assets 2012: $334,157Liabilities 2012: $02012Assets 2013: $479,594Liabilities 2013: $0Net Assets 2013: $479,5942013Assets 2014: $428,303Liabilities 2014: $0Net Assets 2014: $428,3032014Assets 2015: $668,397Liabilities 2015: $0Net Assets 2015: $668,3972015Assets 2016: $750,165Liabilities 2016: $0Net Assets 2016: $750,1652016Assets 2017: $812,444Liabilities 2017: $0Net Assets 2017: $812,4442017Assets 2018: $920,939Liabilities 2018: $0Net Assets 2018: $920,9392018Assets 2019: $1,064,290Liabilities 2019: $0Net Assets 2019: $1,064,2902019Assets 2020: $1,241,021Liabilities 2020: $0Net Assets 2020: $1,241,0212020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $68,2152010Revenue 2011: $15,468Expenses 2011: $70,210Net Income 2011: -$54,7422011Revenue 2012: $13,326Expenses 2012: $73,211Net Income 2012: -$59,8852012Revenue 2013: $208,466Expenses 2013: $63,029Net Income 2013: $145,4372013Revenue 2014: $14,993Expenses 2014: $66,284Net Income 2014: -$51,2912014Revenue 2015: $254,656Expenses 2015: $14,547Net Income 2015: $240,1092015Revenue 2016: $127,397Expenses 2016: $45,633Net Income 2016: $81,7642016Revenue 2017: $117,188Expenses 2017: $54,905Net Income 2017: $62,2832017Revenue 2018: $167,144Expenses 2018: $58,649Net Income 2018: $108,4952018Revenue 2019: $205,649Expenses 2019: $60,156Net Income 2019: $145,4932019Revenue 2020: $243,038Expenses 2020: $63,948Net Income 2020: $179,0902020Revenue 2021: $40,051Expenses 2021: $1,281,070Net Income 2021: -$1,241,0192021Revenue 2022: $1,687Expenses 2022: $1,687Net Income 2022: $02022

Highlighted filing

2022

Revenue$1,687
Expenses$1,687
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Oct 19, 2022
Signed
Mar 10, 2023
Return Version
2022v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOCELYN WATKINSPresident, Secretary & Tre-$0--
STEPHEN ROSSMANVice President-$0--
WENDELL YINGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fa Bene Foundation Inc
EIN
65-0523860
Phone
3053618372
Address
151 CRANDON BLVD APT 925, KEY BISCAYNE, FL 33149

Signing Officer

Name
Jocelyn Watkins
Title
President, Secretary Treasurer
Phone
3053618372
Signed
2023-03-10
Discuss with paid preparer
Yes

Preparer

Firm
Kaufman Rossin & Copa
Address
3310 MARY STREET SUITE 501, MIAMI, FL 33133
Preparer
Heidi Suarez CPA
Phone
3058585600
Raw XML Appendix268 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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DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt0ALL REMAINING ASSETS OF THE FOUNDATION WERE TRANSFERRED ON OCTOBER 4, 2021 TO FIDELITY CHARITABLE DONOR ADVISED FUND. THE TRANSFER INCLUDED CASH AND SECURITIES.
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRESIDENT, SECRETARY & TRE
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IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
LiquidationExplanationStmt/ExplanationTxt0ALL REMAINING ASSETS OF THE FOUNDATION WERE TRANSFERRED ON OCTOBER 4, 2021 TO FIDELITY CHARITABLE DONOR ADVISED FUND. THE TRANSFER INCLUDED CASH AND SECURITIES. THE ORGANIZATION FORMALLY FILED ARTICLES OF DISSOLUTION WITH THE STATE OF FLORIDA ON OCTOBER 19, 2022. THE FOUNDATION RECEIVED A REFUND FROM THE IRS IN THE AMOUNT OF $1,687 DURING 2022. THE INVESTMENT ACCOUNT OF THE FOUNDATION WAS BRIEFLY REOPENED DURING 2022 IN ORDER TO FACILITATE TRANSFERRING THIS AMOUNT TO FIDELITY CHARITABLE DONOR ADVISED FUND.
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt01687
OtherIncomeSchedule2/OtherIncomeDetail/Desc0TAX REFUND
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt01687
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOCELYN WATKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT, SECRETARY TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03053618372
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FA BENE FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O JOCELYN WATKINS
ReturnHeader/Filer/BusinessNameControlTxt0FABE
ReturnHeader/Filer/EIN0650523860
ReturnHeader/Filer/PhoneNum03053618372
ReturnHeader/Filer/USAddress/AddressLine1Txt0151 CRANDON BLVD APT 925
ReturnHeader/Filer/USAddress/CityNm0KEY BISCAYNE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033149
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591818353
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KAUFMAN ROSSIN & COPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03310 MARY STREET SUITE 501
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033133
ReturnHeader/PreparerPersonGrp/PhoneNum03058585600
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEIDI SUAREZ CPA
ReturnHeader/ReturnTs02023-03-14T08:42:24-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOCELYN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WATKINS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-10-19
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.04$1.28$1.24
2020Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.24$0.06$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.00$1.06$0.21$0.06$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.17$0.06$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$0.12$0.05$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.75$0.13$0.05$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.25$0.01$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.01$0.07$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.21$0.06$0.15
2012Summary only. Only limited summary data is available for this year.$0.33$0.00$0.01$0.07$0.06
2011Summary only. Only limited summary data is available for this year.$0.39$0.00$0.02$0.07$0.05
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.00$0.45$0.07