Civic Intelligence

Wasti Foundation Inc.

990 • Fiscal year 2017 • EIN 81-1344370

Jan 01, 2017 to Dec 31, 2017 • Filed on May 16, 2018

Organization Profile
2417 Ocean ParkwayBrooklyn, NY 11235

(646) 361-4409

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.00x

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

2017 filings • NTEE Q33 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2017

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

2017 filings • NTEE Q33 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets73rd percentile

Assets

$18,680

No earlier filing loaded for comparison.

Net Assets

$18,680

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$7,330

No earlier filing loaded for comparison.

Net Income

-$7,330

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2017: $18,680Liabilities 2017: $0Net Assets 2017: $18,6802017Assets 2018: $14,870Liabilities 2018: $0Net Assets 2018: $14,8702018Assets 2019: $22,210Liabilities 2019: $0Net Assets 2019: $22,2102019Assets 2020: $32,326Liabilities 2020: $0Net Assets 2020: $32,3262020Assets 2021: $22,166Liabilities 2021: $0Net Assets 2021: $22,1662021Assets 2022: $10,469Liabilities 2022: $0Net Assets 2022: $10,4692022Assets 2023: $13,469Liabilities 2023: $0Net Assets 2023: $13,4692023Assets 2024: $101,729Liabilities 2024: $0Net Assets 2024: $101,7292024

Highlighted filing

2017

Assets$18,680
Liabilities$0
Net Assets$18,680
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2017: $0Expenses 2017: $7,330Net Income 2017: -$7,3302017Revenue 2018: $10,000Expenses 2018: $13,810Net Income 2018: -$3,8102018Revenue 2019: $10,000Expenses 2019: $2,660Net Income 2019: $7,3402019Revenue 2020: $11,000Expenses 2020: $884Net Income 2020: $10,1162020Revenue 2021: $0Expenses 2021: $10,160Net Income 2021: -$10,1602021Revenue 2022: $0Expenses 2022: $11,697Net Income 2022: -$11,6972022Revenue 2023: $10,000Expenses 2023: $7,000Net Income 2023: $3,0002023Revenue 2024: $100,000Expenses 2024: $11,740Net Income 2024: $88,2602024

Highlighted filing

2017

Revenue$0
Expenses$7,330
Net Income-$7,330
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 16, 2018
Return Version
2017v2.3
Gross Receipts
$0
Mission and Program Overview

Mission

Medical and social assistance to needy people

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$26,010$18,680▼ $7,330
Rtn Earn Endowment Incm Other Fnds$26,010$18,680▼ $7,330
Total Assets$26,010$18,680▼ $7,330
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$26,010$18,680▼ $7,330
Total Net Assets Fund Balance$26,010$18,680▼ $7,330
Total Liabilities and Net Assets / Fund Balance$26,010$18,680▼ $7,330
Compensation and Service Providers
Top Officer Pay85th percentile

Board Members and Trustees

NameTitle
Azra WastiPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-7,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,700
Other Expenses$3,630
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals---$3,700
Other Expenses---$850
Office Expenses---$450
Total Functional Expenses$0$0$0$7,330
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Wasti Foundation Inc
EIN
81-1344370
Phone
6463614409
Address
2417 OCEAN PARKWAY, BROOKLYN, NY 11235

Signing Officer

Name
Azra T Wasti
Title
President
Signed
2018-05-16
Discuss with paid preparer
No

Organization Details

Principal Officer
Azra T Wasti
Formed
2000
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Firm
Fast Professional Services Inc
Address
837 Avenue Z, Brooklyn, NY 11235
Preparer
Muhammad Nawid
Phone
7183324448
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section 1, Line 1

“Medical and social assistance to needy people”

Raw XML Appendix240 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
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IRS990/BenefitsToMembersGrp/TotalAmt00
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IRS990/BooksInCareOfDetail/PhoneNum06463614409
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02417 OCEAN PARKWAY
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IRS990/CYRevenuesLessExpensesAmt0-7330
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IRS990/EngagedInExcessBenefitTransInd0false
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IRS990/FeesForServicesAccountingGrp/TotalAmt00
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IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0010.00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0AZRA WASTI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt03700
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt026010
IRS990/NetAssetsOrFundBalancesEOYAmt018680
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt0450
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXP
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt02000
IRS990/OtherExpensesGrp/TotalAmt1330
IRS990/OtherExpensesGrp/TotalAmt2850
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AZRA T WASTI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt035000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt06600
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02390
IRS990/PYRevenuesLessExpensesAmt026010
IRS990/PYTotalExpensesAmt08990
IRS990/PYTotalRevenueAmt035000
IRS990/ReconcilationRevenueExpnssAmt0-7330
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt026010
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt018680
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PrivateFoundation170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Section 1, Line 1
IRS990/SchoolOperatingInd0false
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt07330
IRS990/TotalGrossUBIAmt00
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IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0AZRA T WASTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-16
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ReturnHeader/Filer/EIN0811344370
ReturnHeader/Filer/PhoneNum06463614409
ReturnHeader/Filer/USAddress/AddressLine1Txt02417 OCEAN PARKWAY
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ReturnHeader/ReturnTs02018-05-16T04:29:37-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,680
Liabilities
$0
Net assets
$18,680
Revenue
$0
Expenses
$7,330
Net income
-$7,330
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$1.00$0.12$0.88
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.10$0.07$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.00$0.12$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.00$0.10$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.11$0.01$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.10$0.03$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.10$0.14$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.00$0.07$0.07