Civic Intelligence

Victory University

990EZ • Fiscal year 2021 • EIN 81-2751632

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

5027 Irwindale AveIrwindale, CA 91706

(562) 692-5606

Siviq Scores

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

Liabilities / Assets

98th percentile

2.89x

Higher debt load relative to assets than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

3.42x

Higher debt load relative to revenue than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

4th percentile

-224%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

96th percentile

275%

Faster asset growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-68%

Faster revenue growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$15,368

Flat from 2021

Net Assets

-$29,117

No earlier filing loaded for comparison.

Liabilities

Flat

$44,485

Flat from 2021

Revenue

Flat

$13,000

Flat from 2021

Expenses

Flat

$42,169

Flat from 2021

Net Income

Flat

-$29,169

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2016: $9,602Liabilities 2016: $2492016Assets 2017: $7,307Liabilities 2017: $9482017Assets 2018: $5,665Liabilities 2018: $2772018Assets 2019: $6,361Liabilities 2019: $02019Assets 2020: $4,095Liabilities 2020: $4,043Net Assets 2020: $522020Assets 2021: $15,368Liabilities 2021: $44,485Net Assets 2021: -$29,1172021Assets 2021: $15,368Liabilities 2021: $44,4852021Assets 2022: $11,517Liabilities 2022: $64,434Net Assets 2022: -$52,9172022Assets 2023: $9,898Liabilities 2023: $64,4342023Assets 2024: $9,898Liabilities 2024: $64,434Net Assets 2024: -$54,5362024

Highlighted filing

2021

Assets$15,368
Liabilities$44,485
Net Assets-$29,117

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $79,748Expenses 2016: $70,395Net Income 2016: $9,3532016Revenue 2017: $107,610Expenses 2017: $110,604Net Income 2017: -$2,9942017Revenue 2018: $94,758Expenses 2018: $95,729Net Income 2018: -$9712018Revenue 2019: $76,334Expenses 2019: $75,361Net Income 2019: $9732019Revenue 2020: $40,065Expenses 2020: $46,374Net Income 2020: -$6,3092020Revenue 2021: $13,000Expenses 2021: $42,169Net Income 2021: -$29,1692021Revenue 2021: $13,000Expenses 2021: $42,169Net Income 2021: -$29,1692021Revenue 2022: $0Expenses 2022: $23,800Net Income 2022: -$23,8002022Revenue 2023: $0Expenses 2023: $1,619Net Income 2023: -$1,6192023Revenue 2024: $02024

Highlighted filing

2021

Revenue$13,000
Expenses$42,169
Net Income-$29,169
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$13,000
Mission and Program Overview

Mission

To address, educate, coordinate and collaborate with parents and guardians in raising and forming their children as families struggle with the changing and challenging cultural and moral contexts in which they find themselves. To provide young people with sound church teachings through a broad-based curriculum, where faith and clture are intertwined in all areas of a school's life.

Program Services

DescriptionGrantsExpenses
DUE TO COVID-19 PANDEMIC, THERE WAS NO TUITION INCOME AND STUDENT IN 2021.-$31,075
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VICTOR TSUOPresident & CEO-$0--
DING DINGSecretary-$0--
LITING TSUOCFO-$0--
CHU PING TSUOVice President-$0--
Filing and Contact Details

Filer

Filer Name
Victory University
EIN
81-2751632
Phone
5626925606
Address
5027 IRWINDALE AVE, IRWINDALE, CA 91706

Signing Officer

Name
Ding Ding
Title
Secretary
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Sy Lee & Chen LLP
Address
362 W Garvey Ave, Monterey Park, CA 91754
Preparer
Timothy Y Chen CPA
Phone
6262887202
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $323

Other Expenses.1009

Depreciation $37

Other Expenses.1012

Insurance $1356

Other Expenses.1

UTILITES $3109

Other Expenses.2

Janitorial services $1620

Other Expenses.3

INTERNET SERVICE $1186

Other Expenses.4

LICENSE & PERMIT $789

Other Expenses.5

SECURITY $600

Other Expenses.6

CLEANING $440

Other Expenses.7

PROPERTY TAX $109

Other Assets.1003

Machinery and Equipment - Beginning $93 Machinery and Equipment - Ending $56

Total Liabilities.1

PPP LOAN - Beginning $4043 PPP LOAN - Ending $1001

Total Liabilities.2

LOAN FROM OFFICER - Beginning $0 LOAN FROM OFFICER - Ending $43484

Raw XML Appendix166 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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IRS990ScheduleA/SchoolInd0X
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IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
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IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $37
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1356
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INTERNET SERVICE $1186
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LICENSE & PERMIT $789
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12LOAN FROM OFFICER - Beginning $0 LOAN FROM OFFICER - Ending $43484
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Total Liabilities.1
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/Filer/EIN0812751632
ReturnHeader/Filer/PhoneNum05626925606
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ReturnHeader/ReturnTs02022-11-14T13:59:04-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VICTOR
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings