Civic Intelligence

Monte Jade Science & Technology Association

990 • Fiscal year 2022 • EIN 77-0244507

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 16, 2023

2880 ZANKER ROAD Suite 103San Jose, CA 95134

(408) 428-0388

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Higher debt load relative to assets than 46% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

47th percentile

0.00x

Higher debt load relative to revenue than 47% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

87th percentile

30%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

58th percentile

4.2%

Faster asset growth than 58% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

69th percentile

32%

Faster revenue growth than 69% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$282,815

Up $11,328 (+4.2%) from 2021

Net Assets

Up

$282,695

Up $26,208 (+10%) from 2021

Liabilities

Down

$120

Down $14,880 (-99%) from 2021

Revenue

Up

$86,021

Up $20,840 (+32%) from 2021

Expenses

Up

$59,812

Up $29,575 (+98%) from 2021

Net Income

Down

$26,209

Down $8,735 (-25%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $113,403Liabilities 2010: $19,634Net Assets 2010: $93,7692010Assets 2011: $140,535Liabilities 2011: $29,433Net Assets 2011: $111,1022011Assets 2012: $163,892Liabilities 2012: $9,477Net Assets 2012: $154,4152012Assets 2013: $166,795Liabilities 2013: $0Net Assets 2013: $166,7952013Assets 2014: $209,089Liabilities 2014: $10,000Net Assets 2014: $199,0892014Assets 2015: $209,056Liabilities 2015: $10,359Net Assets 2015: $198,6972015Assets 2016: $170,882Liabilities 2016: $4,251Net Assets 2016: $166,6312016Assets 2017: $164,143Liabilities 2017: $14,716Net Assets 2017: $149,4272017Assets 2018: $168,405Liabilities 2018: $23,873Net Assets 2018: $144,5322018Assets 2019: $176,492Liabilities 2019: $1,500Net Assets 2019: $174,9922019Assets 2020: $236,542Liabilities 2020: $35,000Net Assets 2020: $201,5422020Assets 2021: $271,487Liabilities 2021: $15,000Net Assets 2021: $256,4872021Assets 2022: $282,815Liabilities 2022: $120Net Assets 2022: $282,6952022Assets 2023: $312,945Liabilities 2023: $138Net Assets 2023: $312,8072023Assets 2024: $356,397Liabilities 2024: $86Net Assets 2024: $356,3112024

Highlighted filing

2022

Assets$282,815
Liabilities$120
Net Assets$282,695

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $263,295Expenses 2010: $291,702Net Income 2010: -$28,4072010Revenue 2011: $258,554Expenses 2011: $241,221Net Income 2011: $17,3332011Revenue 2012: $205,960Expenses 2012: $162,647Net Income 2012: $43,3132012Revenue 2013: $116,735Expenses 2013: $104,355Net Income 2013: $12,3802013Revenue 2014: $78,969Expenses 2014: $46,675Net Income 2014: $32,2942014Revenue 2015: $152,951Expenses 2015: $153,343Net Income 2015: -$3922015Revenue 2016: $191,339Expenses 2016: $223,405Net Income 2016: -$32,0662016Revenue 2017: $160,260Expenses 2017: $177,464Net Income 2017: -$17,2042017Revenue 2018: $128,396Expenses 2018: $133,291Net Income 2018: -$4,8952018Revenue 2019: $137,188Expenses 2019: $106,728Net Income 2019: $30,4602019Revenue 2020: $66,535Expenses 2020: $39,985Net Income 2020: $26,5502020Revenue 2021: $65,181Expenses 2021: $30,237Net Income 2021: $34,9442021Revenue 2022: $86,021Expenses 2022: $59,812Net Income 2022: $26,2092022Revenue 2023: $149,091Expenses 2023: $118,979Net Income 2023: $30,1122023Revenue 2024: $162,184Expenses 2024: $118,682Net Income 2024: $43,5022024

Highlighted filing

2022

Revenue$86,021
Expenses$59,812
Net Income$26,209
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 16, 2023
Return Version
2022v5.0
Gross Receipts
$86,021
Mission and Program Overview

Mission

To promote cooperation and mutual flow of technology and investment between the two sides of the pacific and to provide an opportunity for professionals and corporations on both sides of the pacific to network and share valuable experiences.

To ppromote cooperation and mutual flow of technology and investment between the two sides of the pacific and to provide an opportunity for professionals and corporations on both sides of the pacific to network and share valuable experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$233,016$282,815▲ $49,799
Rtn Earn Endowment Incm Other Fnds$256,487$282,695▲ $26,208
Savings and Temporary Cash Investments$38,471$0▼ $38,471
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$271,487$282,815▲ $11,328
Other Assets Total-$0-
Liabilities
Other Liabilities$15,000--
Accounts Payable and Accrued Expenses-$120-
Total Liabilities$15,000$120▼ $14,880
Net Assets / Fund Balance
Total Net Assets Fund Balance$256,487$282,695▲ $26,208
Total Liabilities and Net Assets / Fund Balance$271,487$282,815▲ $11,328

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$6,152$6,152
Compensation and Service Providers

Board Members and Trustees

NameTitle
TZE YeohChairman
Nana TsengVice Chairman
Annie TsaiBoard Member
Benny PoonBoard Member
Gloria TangBoard Member
Maggie LiBoard Member
Marilyn TanBoard Member
Robert FanBoard Member
Roger LiangBoard Member
Ryan YeeBoard Member
Steve HsiaBoard Member
Wen-Fang LiuCFO
David JengSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$38,000
Program Service Revenue
$48,010
Investment Income
$11
Other Revenue
$0
All Other Contributions
$38,000
Change in Net Assets
$26,209
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$41,805
Salaries, Compensation, and Employee Benefits$18,007
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$16,500-$16,500
Advertising-$1,828-$1,828
Payroll Taxes-$1,507-$1,507
Other Expenses$16,590$1,386-$1,386
Fees for Services Legal-$500-$500
All Other Expenses-$308-$308
Total Functional Expenses$36,311$23,501$0$59,812
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
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Ordinary class of corporate members and individual members

Form 990, Part VI, Section A, Line 7A

The corporate members of the organization vote to elect the governing body.

Form 990, Part VI, Section A, Line 7B

The corporate members of the organization must approve significant changes to the by-law made by the governing body.

Form 990, Part VI, Section B, Line 11B

The financial information pertinent to the preparation of the exempt organization returns has been reviewed and approved by the board of directors. a copy of the final version of the exempt organization returns was made available to all board members prior to filing the returns.

Form 990, Part VI, Section C, Line 18

we do not make our governing documents or financial statements available to the public. our informational returns are available for public inspection upon written request.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Monte Jade Science & Technology
EIN
77-0244507
Phone
4084280388
Address
2880 ZANKER ROAD Suite 103, San Jose, CA 95134

Signing Officer

Name
Wen-Fang Liu
Title
CFO
Signed
2023-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Jeng
Formed
1990
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
8
Employees
1
Volunteers
30

Preparer

Firm
Wang Accountancy Corp
Address
28 N First St Suite 900, San Jose, CA 95113
Preparer
Jung-Mei Rosemary Wang
Phone
4089981688
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING = -$1

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IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Mentorship
IRS990/OtherExpensesGrp/Desc1seminar
IRS990/OtherExpensesGrp/Desc2Office supplies
IRS990/OtherExpensesGrp/Desc3Rent and Lease
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01472
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11386
IRS990/OtherExpensesGrp/ProgramServicesAmt019721
IRS990/OtherExpensesGrp/ProgramServicesAmt116590
IRS990/OtherExpensesGrp/TotalAmt019721
IRS990/OtherExpensesGrp/TotalAmt116590
IRS990/OtherExpensesGrp/TotalAmt21472
IRS990/OtherExpensesGrp/TotalAmt31386
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt015000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016500
IRS990/OtherSalariesAndWagesGrp/TotalAmt016500
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01507
IRS990/PayrollTaxesGrp/TotalAmt01507
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0David Jeng
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Mentorship program
IRS990/ProgramServiceRevenueGrp/Desc1Mentorship program
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02470
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt145540
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02470
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt145540
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt015000
IRS990/PYInvestmentIncomeAmt011
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt010573
IRS990/PYProgramServiceRevenueAmt050170
IRS990/PYRevenuesLessExpensesAmt034944
IRS990/PYSalariesCompEmpBnftPaidAmt019664
IRS990/PYTotalExpensesAmt030237
IRS990/PYTotalRevenueAmt065181
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt026209
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt048010
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0256487
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0282695
IRS990/SavingsAndTempCashInvstGrp/BOYAmt038471
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06152
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06152
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Ordinary class of corporate members and individual members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The corporate members of the organization vote to elect the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The corporate members of the organization must approve significant changes to the by-law made by the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The financial information pertinent to the preparation of the exempt organization returns has been reviewed and approved by the board of directors. a copy of the final version of the exempt organization returns was made available to all board members prior to filing the returns.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4we do not make our governing documents or financial statements available to the public. our informational returns are available for public inspection upon written request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING = -$1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0271487
IRS990/TotalAssetsEOYAmt0282815
IRS990/TotalAssetsGrp/BOYAmt0271487
IRS990/TotalAssetsGrp/EOYAmt0282815
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt038000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023501
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt036311
IRS990/TotalFunctionalExpensesGrp/TotalAmt059812
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015000
IRS990/TotalLiabilitiesEOYAmt0120
IRS990/TotalLiabilitiesGrp/BOYAmt015000
IRS990/TotalLiabilitiesGrp/EOYAmt0120
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0256487
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0282695
IRS990/TotalProgramServiceExpensesAmt036311
IRS990/TotalProgramServiceRevenueAmt048010
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt048021
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt086021
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0271487
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0282815
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02880 ZANKER ROAD Suite 103
IRS990/USAddress/CityNm0San Jose
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd095134
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0www.montejade.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Wen-Fang Liu
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTE JADE SCIENCE & TECHNOLOGY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MONT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$1.62$1.19$0.44
2023Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$1.49$1.19$0.30
2022Detailed filing. Detailed filing data is available for this year.$2.83$0.00$2.83$0.86$0.60$0.26
2021Detailed filing. Detailed filing data is available for this year.$2.71$0.15$2.56$0.65$0.30$0.35
2020Detailed filing. Detailed filing data is available for this year.$2.37$0.35$2.02$0.67$0.40$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.76$0.02$1.75$1.37$1.07$0.30
2018Summary only. Only limited summary data is available for this year.$1.68$0.24$1.45$1.28$1.33$0.05
2017Summary only. Only limited summary data is available for this year.$1.64$0.15$1.49$1.60$1.77$0.17
2016Summary only. Only limited summary data is available for this year.$1.71$0.04$1.67$1.91$2.23$0.32
2015Summary only. Only limited summary data is available for this year.$2.09$0.10$1.99$1.53$1.53$0.00
2014Detailed filing. Detailed filing data is available for this year.$2.09$0.10$1.99$0.79$0.47$0.32
2013Summary only. Only limited summary data is available for this year.$1.67$0.00$1.67$1.17$1.04$0.12
2012Summary only. Only limited summary data is available for this year.$1.64$0.09$1.54$2.06$1.63$0.43
2011Summary only. Only limited summary data is available for this year.$1.41$0.29$1.11$2.59$2.41$0.17
2010Summary only. Only limited summary data is available for this year.$1.13$0.20$0.94$2.63$2.92$0.28