Civic Intelligence

Wishforward Educational Foundation Inc.

990EZ • Fiscal year 2022 • EIN 81-2032610

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 19, 2023

6550 W 80th StreetLos Angeles, CA 90045

(949) 278-7720

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

Score unavailable

No value available

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

Source year 2022

Net Margin

97th percentile

90%

Higher net margin than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$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 • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

93rd percentile

119%

Faster asset growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

29%

Faster revenue growth than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$87,774

Up $47,725 (+119%) from 2021

Net Assets

Up

$87,774

Up $47,725 (+119%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$52,791

Up $11,945 (+29%) from 2021

Expenses

Up

$5,065

Up $4,267 (+535%) from 2021

Net Income

Up

$47,726

Up $7,678 (+19%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2016: $64,163Liabilities 2016: $0Net Assets 2016: $64,1632016Assets 2017: $107,372Liabilities 2017: $0Net Assets 2017: $107,3722017Assets 2018: $103,532Liabilities 2018: $0Net Assets 2018: $103,5322018Assets 2019: $113,274Liabilities 2019: $0Net Assets 2019: $113,2742019Assets 2020: $1Net Assets 2020: $12020Assets 2021: $40,049Net Assets 2021: $40,0492021Assets 2022: $87,774Net Assets 2022: $87,7742022Assets 2023: $626,740Liabilities 2023: $901Net Assets 2023: $625,8392023Assets 2024: $893,348Liabilities 2024: $6,190Net Assets 2024: $887,1582024

Highlighted filing

2022

Assets$87,774
Liabilities-
Net Assets$87,774

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2016: $76,163Expenses 2016: $12,000Net Income 2016: $64,1632016Revenue 2017: $62,988Expenses 2017: $19,779Net Income 2017: $43,2092017Revenue 2018: $10,622Expenses 2018: $14,462Net Income 2018: -$3,8402018Revenue 2019: $10,978Expenses 2019: $1,236Net Income 2019: $9,7422019Revenue 2020: $95Expenses 2020: $113,368Net Income 2020: -$113,2732020Revenue 2021: $40,846Expenses 2021: $798Net Income 2021: $40,0482021Revenue 2022: $52,791Expenses 2022: $5,065Net Income 2022: $47,7262022Revenue 2023: $513,065Expenses 2023: $25,000Net Income 2023: $488,0652023Revenue 2024: $403,159Expenses 2024: $17,504Net Income 2024: $385,6552024

Highlighted filing

2022

Revenue$52,791
Expenses$5,065
Net Income$47,726
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 19, 2023
Return Version
2021v4.0
Gross Receipts
$71,470
Mission and Program Overview

Mission

To provide supplemental financial support for the growth, operations and sustainability of westside innovative school house, inc.

Provide supplemental financial support for the growth, operations and sustainabilty of westside innovative school house, inc.

Program Services

DescriptionGrantsExpenses
PROVIDES SUPPLEMENTAL FINANCIAL SUPPORT FOR THE GROWTH, OPERATIONS, AND SUSTAINABILITY OF WESTSIDE INNOVATIVE SCHOOL HOUSE. INC.-$2,652
SUPPPORT WISH CHARTER SCHOOL--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARINA FEDASZPresident-$0--
RAJ MAKWANAVice Preside-$0--
DAVE TORRESTreasurer-$0--
ERIC STEINBERGSecretary-$0--
NEAL MENDELSOHNMember-$0--
MICHAEL GOLDBERGMember-$0--
MIKE ABERCROMBIEMember-$0--
GREGG GOLDFARBMember-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf and Casino$57,459$57,459$5,096$52,363
Total Events$57,459$57,459$18,679$38,780
Filing and Contact Details

Filer

Filer Name
Wishforward Educational Foundation
EIN
81-2032610
Phone
9492787720
Address
6550 W 80TH STREET, LOS ANGELES, CA 90045

Signing Officer

Name
Karina Fedasz
Title
President
Phone
9492787720
Signed
2023-01-19
Discuss with paid preparer
Yes

Preparer

Firm
Silva & Silva Cpas
Address
3040 SATURN ST SUITE 107, BREA, CA 92821
Preparer
Lisa Silva CPA
Phone
7145297707
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Distribution to wish charter school

Form 990-ez, Part I, Line 16

Expenses verch insurance for d&o 1,191 harland clark checks 392 reimbursement of cost 2,300 misc 352 total 4,235

Form 990-ez, Part III

Provide supplemental financial support for the growth, operations and sustainabilty of westside innovative school house, inc.

Form 990-ez, Part III, Line 31

Suppport wish charter school

Raw XML Appendix163 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/BooksInCareOfDetail/PhoneNum09492787720
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06550 W 80TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090045
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040048
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IRS990EZ/ExcessOrDeficitForYearAmt047726
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0830
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040048
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IRS990EZ/GrossReceiptsAmt071470
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KARINA FEDASZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RAJ MAKWANA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVE TORRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERIC STEINBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NEAL MENDELSOHN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHAEL GOLDBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MIKE ABERCROMBIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GREGG GOLDFARB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04235
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT FOR THE GROWTH, OPERATIONS AND SUSTAINABILTY OF WESTSIDE INNOVATIVE SCHOOL HOUSE, INC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES SUPPLEMENTAL FINANCIAL SUPPORT FOR THE GROWTH, OPERATIONS, AND SUSTAINABILITY OF WESTSIDE INNOVATIVE SCHOOL HOUSE. INC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SUPPPORT WISH CHARTER SCHOOL
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02652
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
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IRS990EZ/SpecialEventsDirectExpensesAmt018679
IRS990EZ/SpecialEventsNetIncomeLossAmt038780
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05065
IRS990EZ/TotalProgramServiceExpensesAmt02652
IRS990EZ/TotalRevenueAmt052791
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.WISHCHARTER.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt014011
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0113273
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0127284
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt057459
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt071470
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0113368
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0184838
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018679
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF AND CASINO
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt057459
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057459
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt057459
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt057459
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt038780
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05096
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05096
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt013583
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt013583
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DISTRIBUTION TO WISH CHARTER SCHOOL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES VERCH INSURANCE FOR D&O 1,191 HARLAND CLARK CHECKS 392 REIMBURSEMENT OF COST 2,300 MISC 352 TOTAL 4,235
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT FOR THE GROWTH, OPERATIONS AND SUSTAINABILTY OF WESTSIDE INNOVATIVE SCHOOL HOUSE, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPPORT WISH CHARTER SCHOOL
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KARINA FEDASZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09492787720
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WISHFORWARD EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0WISH
ReturnHeader/Filer/EIN0812032610
ReturnHeader/Filer/PhoneNum09492787720
ReturnHeader/Filer/USAddress/AddressLine1Txt06550 W 80TH STREET
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090045
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952803203
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SILVA & SILVA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03040 SATURN ST SUITE 107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BREA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092821
ReturnHeader/PreparerPersonGrp/PhoneNum07145297707
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LISA SILVA CPA
ReturnHeader/ReturnTs02023-02-03T16:37:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KARINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FEDASZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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