Civic Intelligence

Aset Foundation

990EZ • Fiscal year 2016 • EIN 77-0644963

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 18, 2017

Organization Profilewww.asetfoundation.org
402 East Bannister RoadKansas City, MO 64131-3019

(816) 931-1120

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

52nd percentile

2.8%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-18%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$136,313

Up $3,774 (+2.8%) from 2015

Net Assets

Up

$136,226

Up $4,208 (+3.2%) from 2015

Liabilities

Down

$87

Down $434 (-83%) from 2015

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin80th percentile

Revenue

Down

$18,472

Down $4,002 (-18%) from 2015

Expenses

Down

$14,264

Down $3,012 (-17%) from 2015

Net Income

Down

$4,208

Down $990 (-19%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$200K$150K$100K$50K$0Assets 2012: $127,652Liabilities 2012: $2822012Assets 2013: $132,370Liabilities 2013: $622013Assets 2014: $126,933Liabilities 2014: $2812014Assets 2015: $132,539Liabilities 2015: $521Net Assets 2015: $132,0182015Assets 2016: $136,313Liabilities 2016: $87Net Assets 2016: $136,2262016Assets 2017: $145,644Liabilities 2017: $2Net Assets 2017: $145,6422017Assets 2018: $157,872Liabilities 2018: $2Net Assets 2018: $157,8702018Assets 2019: $167,604Liabilities 2019: $1,154Net Assets 2019: $166,4502019Assets 2020: $169,662Liabilities 2020: $5,789Net Assets 2020: $163,8732020Assets 2021: $183,863Liabilities 2021: $2,011Net Assets 2021: $181,8522021Assets 2022: $187,458Liabilities 2022: $1,860Net Assets 2022: $185,5982022Assets 2023: $195,431Liabilities 2023: $0Net Assets 2023: $195,4312023Assets 2024: $191,796Liabilities 2024: $6,000Net Assets 2024: $185,7962024Assets 2025: $199,799Liabilities 2025: $2,212Net Assets 2025: $197,5872025

Highlighted filing

2016

Assets$136,313
Liabilities$87
Net Assets$136,226
Open 2016 Filing

Operations Trend

Revenue Growth26th percentile

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

$40K$20K$0-$20KRevenue 2012: $23,828Expenses 2012: $18,784Net Income 2012: $5,0442012Revenue 2013: $24,240Expenses 2013: $19,299Net Income 2013: $4,9412013Revenue 2014: $32,532Expenses 2014: $38,188Net Income 2014: -$5,6562014Revenue 2015: $22,474Expenses 2015: $17,276Net Income 2015: $5,1982015Revenue 2016: $18,472Expenses 2016: $14,264Net Income 2016: $4,2082016Revenue 2017: $38,831Expenses 2017: $29,415Net Income 2017: $9,4162017Revenue 2018: $26,585Expenses 2018: $14,357Net Income 2018: $12,2282018Revenue 2019: $28,262Expenses 2019: $19,682Net Income 2019: $8,5802019Revenue 2020: $20,470Expenses 2020: $23,047Net Income 2020: -$2,5772020Revenue 2021: $38,360Expenses 2021: $20,381Net Income 2021: $17,9792021Revenue 2022: $19,024Expenses 2022: $15,278Net Income 2022: $3,7462022Revenue 2023: $23,794Expenses 2023: $13,961Net Income 2023: $9,8332023Revenue 2024: $24,218Expenses 2024: $33,853Net Income 2024: -$9,6352024Revenue 2025: $27,637Expenses 2025: $15,846Net Income 2025: $11,7912025

Highlighted filing

2016

Revenue$18,472
Expenses$14,264
Net Income$4,208
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 18, 2017
Return Version
2015v3.0
Gross Receipts
$18,748
Mission and Program Overview

Mission

To advance the science and technical standards of the elecroencephalography and allied fields through grants and scholarships.

To advance the science and technical standards of electroencephalography and allied fields through grants and scholarships.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS-$7,275
GRANTS$5,000$5,000
LECTURES-$700
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHERYL NEHAMKINR EEGEPT CNIMChair-$0--
ELISA PESTANA KNIGHT MDPhysician Director-$0--
MARK RYLAND AUD R EPT R NCSTRPSGTVice Chair-$0--
JANET JAMES R NCST R EEGTSecretary-Treasurer-$0--
PATTI BAUMGARDNER REEGEPT CNIMDirector-$0--
MICHAEL VANESSE R EEG TDirector-$0--
MARK BERKINSDirector-$0--
DOROTHY GAITOR MHA REEG T RNCSTDirector-$0--
ARLEN REIMNITZEx Officio-$0--
Filing and Contact Details

Filer

Filer Name
Aset Foundation
EIN
77-0644963
Phone
8169311120
Address
402 EAST BANNISTER ROAD, KANSAS CITY, MO 64131-3019

Signing Officer

Name
Arlen Reimnitz
Title
Executive Director
Phone
8169311120
Signed
2017-01-18
Discuss with paid preparer
Yes

Preparer

Firm
Emerick & Company Pc
Address
4520 MADISON AVENUE STE G, KANSAS CITY, MO 64111
Preparer
David Emerick
Phone
8165312822
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“MISCELLANEOUS 4000.”

Form 990EZ, Part I, Line 8

“Vendor sponsored scholarships”

Form 990EZ, Part I, Line 10

“Grants; various; : , , , ; , 5000.”

Form 990EZ, Part I, Line 16

“WEBSITE HOSTING 289.”

Form 990EZ, Part I, Line 16

“LECTURES 700.”

Form 990EZ, Part I, Line 16

“PAYPAL/BANK FEES 11.”

Form 990EZ, Part I, Line 16

“SCHOLARSHIPS 7275.”

Form 990EZ, Part I, Line 16

“BANK FEES 33.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 11.”

Form 990EZ, Part II, Line 24

“Accounts receivable 12324. 10201.”

Form 990EZ, Part II, Line 26

“Accounts payable and accrued expenses 521. 87.”

Raw XML Appendix206 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/TitleTxt4DIRECTOR
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt2700
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt03234
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt087
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IRS990EZ/TotalExpensesAmt014264
IRS990EZ/TotalProgramServiceExpensesAmt012975
IRS990EZ/TotalRevenueAmt018472
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ASET FOUNDATION RETAINED A COPY OF THE IRS DETERMINATION LETTER OF ASET - THE NEURODIAGNOSTIC SOCIETY (THE 501(C)(6) SUPPORTED ORGANIZATION), AND RETAINED A COPY OF THE SUPPORT CALCULATION. THESE COPIES ARE KEPT ON FILE WITH ASET FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1FUNDS ARE PROVIDED BASED SOLELY ON APPLICATIONS AND GRANT PROPOSALS THAT FURTHER EDUCATION OF NEURODIAGNOSTIC TECHNOLOGISTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2ASET EFFECTIVELY OPERATED AND SUPERVISED THE FOUNDATION'S ACTIVITIES BY PROVIDING MANAGEMENT TO THE FOUNDATION AND OVERSIGHT TO THE FOUNDATION BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt IV Sec A Ln 3b
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Pt IV Sec A Ln 3c
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Pt IV Sec B Ln 1
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IRS990ScheduleA/PublicSupportTotal509Amt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 4000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VENDOR SPONSORED SCHOLARSHIPS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GRANTS; VARIOUS; : , , , ; , 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WEBSITE HOSTING 289.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LECTURES 700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PAYPAL/BANK FEES 11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SCHOLARSHIPS 7275.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK FEES 33.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MISCELLANEOUS 11.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ACCOUNTS RECEIVABLE 12324. 10201.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACCOUNTS PAYABLE AND ACCRUED EXPENSES 521. 87.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0ARLEN REIMNITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08169311120
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-18
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ReturnHeader/Filer/PhoneNum08169311120
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ReturnHeader/Filer/USAddress/CityNm0KANSAS CITY
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ReturnHeader/Filer/USAddress/ZIPCd0641313019
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04520 MADISON AVENUE STE G
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KANSAS CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd064111
ReturnHeader/PreparerPersonGrp/PhoneNum08165312822
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID EMERICK
ReturnHeader/ReturnTs02017-01-23T14:12:47-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$136,313
Liabilities
$87
Net assets
$136,226
Revenue
$18,472
Expenses
$14,264
Net income
$4,208
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.00$0.02$1.98$0.28$0.16$0.12
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.06$1.86$0.24$0.34$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.24$0.14$0.10
2022Detailed filing. Detailed filing data is available for this year.$1.87$0.02$1.86$0.19$0.15$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.84$0.02$1.82$0.38$0.20$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.70$0.06$1.64$0.20$0.23$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.68$0.01$1.66$0.28$0.20$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.27$0.14$0.12
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.39$0.29$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.18$0.14$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.01$1.32$0.22$0.17$0.05
2014Summary only. Only limited summary data is available for this year.$1.27$0.00$0.33$0.38$0.06
2013Summary only. Only limited summary data is available for this year.$1.32$0.00$0.24$0.19$0.05
2012Summary only. Only limited summary data is available for this year.$1.28$0.00$0.24$0.19$0.05