Civic Intelligence

LIM Foundation Assets Fund Inc.

EIN 68-0316386 • 501(c)3 • Sacramento, CA

Pub. 78 EligibleNTEE S50Z

Profile

Promote healthsocialcultural art needs in community

2101 9th StreetSacramento, CA 95818
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

NTEE S • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

NTEE S • <$500k nonprofits • Source year 2024

Net Margin

29th percentile

-4.9%

Higher net margin than 29% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

NTEE S • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

16%

Faster asset growth than 70% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

21%

Faster revenue growth than 69% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$232,022

Up $32,504 (+16%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$232,022

Up $32,504 (+16%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin29th percentile

Revenue

Up

$16,257

Up $2,767 (+21%) from 2023

Expenses

Up

$17,059

Up $420 (+2.5%) from 2023

Net Income

Up

-$802

Up $2,347 (+75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth70th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2022: $183,437Liabilities 2022: $0Net Assets 2022: $183,4372022Assets 2023: $199,518Liabilities 2023: $0Net Assets 2023: $199,5182023Assets 2024: $232,022Liabilities 2024: $0Net Assets 2024: $232,0222024

Highlighted filing

2024

Assets$232,022
Liabilities$0
Net Assets$232,022
Open 2024 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10K-$20KRevenue 2022: $14,997Expenses 2022: $25,502Net Income 2022: -$10,5052022Revenue 2023: $13,490Expenses 2023: $16,639Net Income 2023: -$3,1492023Revenue 2024: $16,257Expenses 2024: $17,059Net Income 2024: -$8022024

Highlighted filing

2024

Revenue$16,257
Expenses$17,059
Net Income-$802
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$232,022
Liabilities
$0
Net assets
$232,022
Revenue
$16,257
Expenses
$17,059
Net income
-$802
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.32$0.00$2.32$0.16$0.17$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.13$0.17$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$0.15$0.26$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$16,257
Mission and Program Overview

Mission

Promote healthsocialcultural art needs in community

Promote healthsocialcultural needs in community

Program Services

DescriptionGrantsExpenses
SUPPORT EXEMPT FUNCTION OF 501C3 COMMUNITY ORGANIZATION-$540
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HON LEMPresident-$0--
MARCUS LAMVice President-$0--
ART LIMSecretary-$0--
SHEW LIMChinese Secretary-$0--
HANG LEMTreasurer-$0--
HENRY LIMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lim Foundation Assets Fund Inc
EIN
68-0316386
In Care Of
% HANG LEM
Address
2101 9TH STREET, SACRAMENTO, CA 95818

Signing Officer

Name
Hang Lem
Title
Treasurer
Phone
9163419883
Signed
2025-05-14
Supplemental Narrative

Additional Explanations

Part I Line 10

“Grants and other assistance to domestic organizations and governments $540.00”

Part I Line 16

“Depreciation, depletion, and amortization $2044.00”

Part I Line 16

“Insurance $1809.00”

Part I Line 16

“Cleaning/maintenance $508.00”

Part I Line 16

“REPAIRS $227.00”

Part I Line 16

“TAXES $1346.00”

Part I Line 16

“UTILITIES $2224.00”

Part I Line 20

“Net unrealized gains (losses) on investments $33306.00”

Raw XML Appendix168 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ART LIM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OtherChangesInNetAssetsAmt033306
IRS990EZ/OtherExpensesTotalAmt08158
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and other assistance to domestic organizations and governments $540.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation, depletion, and amortization $2044.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1809.00
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HANG LEM
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ReturnHeader/Filer/EIN0680316386
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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