Civic Intelligence

Rcobec Foundation Inc.

990EZ • Fiscal year 2021 • EIN 81-4203477

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 12, 2021

Organization ProfileN/A
346 Rahway RoadEdison, NJ 08820

(347) 688-2685

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

2021 filings • NTEE T12 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.00x

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

2021 filings • NTEE T12 • <$500k nonprofits • Source year 2021

Net Margin

40th percentile

3.6%

Higher net margin than 40% of similar nonprofits.

2021 filings • NTEE T12 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$0

Higher top officer pay than 98% of similar nonprofits.

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

2021 filings • NTEE T12 • <$500k nonprofits • Source year 2021

Asset Growth

64th percentile

17%

Faster asset growth than 64% of similar nonprofits.

2021 filings • NTEE T12 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-57%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • NTEE T12 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$12,034

Up $1,755 (+17%) from 2020

Net Assets

Up

$12,034

Up $2,949 (+32%) from 2020

Liabilities

Down

$0

Down $1,194 (-100%) from 2020

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin40th percentile

Revenue

Down

$52,970

Down $71,200 (-57%) from 2020

Expenses

Down

$51,068

Down $80,527 (-61%) from 2020

Net Income

Up

$1,902

Up $9,327 (+126%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$20K$15K$10K$5.0K$0Assets 2017: $1,920Net Assets 2017: $1,9202017Assets 2018: $4,888Net Assets 2018: $4,8882018Assets 2019: $17,704Liabilities 2019: $1,194Net Assets 2019: $16,5102019Assets 2020: $10,279Liabilities 2020: $1,194Net Assets 2020: $9,0852020Assets 2021: $12,034Liabilities 2021: $0Net Assets 2021: $12,0342021Assets 2022: $14,104Liabilities 2022: $0Net Assets 2022: $14,1042022Assets 2023: $9,244Liabilities 2023: $0Net Assets 2023: $9,2442023Assets 2024: $17,167Liabilities 2024: $0Net Assets 2024: $17,1672024Assets 2025: $17,479Liabilities 2025: $0Net Assets 2025: $17,4792025

Highlighted filing

2021

Assets$12,034
Liabilities$0
Net Assets$12,034
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $28,193Expenses 2017: $26,273Net Income 2017: $1,9202017Revenue 2018: $25,493Expenses 2018: $21,693Net Income 2018: $3,8002018Revenue 2019: $28,920Expenses 2019: $17,298Net Income 2019: $11,6222019Revenue 2020: $124,170Expenses 2020: $131,595Net Income 2020: -$7,4252020Revenue 2021: $52,970Expenses 2021: $51,068Net Income 2021: $1,9022021Revenue 2022: $205,970Expenses 2022: $203,923Net Income 2022: $2,0472022Revenue 2023: $237,459Expenses 2023: $242,319Net Income 2023: -$4,8602023Revenue 2024: $123,729Expenses 2024: $115,806Net Income 2024: $7,9232024Revenue 2025: $152,710Expenses 2025: $152,398Net Income 2025: $3122025

Highlighted filing

2021

Revenue$52,970
Expenses$51,068
Net Income$1,902
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$52,970
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
DRY RATION FOOD PROJECT$52,970$51,067
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DASUN SAMEERAPresident-$0--
ANUK FERNANDOVice President-$0--
SENAKA SENAVIRATNESecretary-$0--
KANNA PADUKKAVIDANATreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Rcobec Foundation Inc
EIN
81-4203477
Address
346 RAHWAY ROAD, Edison, NJ 08820

Signing Officer

Name
Nuvina Padukkavidana
Title
Treasurer
Phone
6103934471
Signed
2021-11-12
Discuss with paid preparer
No

Preparer

Firm
Accounting Concepts LT Inc
Address
207 Heron Dr, Palm Coast, FL 32137
Preparer
Irene Piacentini Ea
Phone
9176824841
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity COVID-DRY RATION FOOD PROJECT Grantee SAMPATH BANK PLC COLOMBO O2 Street 663 KERAGAPOKUNA City, Province, Country, Postal WATTALA, WATTALA Sri LankaAmount 28,943Activity COVID-DRY RATION FOOD PROJECT Grantee SAILORS CANTEEN Street SLS RANGALLA City, Province, Country, Postal PORT OF COLOMBO, COLOMBO Sri LankaAmount 4,827”

Description of other expenses Part I line 16

“Description AmountACCOUNTING 350ADMIN 6,559BANK FEES 6,535INSURANCE 3,854”

Other program services Part III line 31

“Covid dry ration food project”

Raw XML Appendix155 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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IRS990EZ/BooksInCareOfDetail/PhoneNum03476882685
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Edison
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008820
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt010132
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IRS990EZ/ContributionsGiftsGrantsEtcAmt052970
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01902
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010132
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DASUN SAMEERA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANUK FERNANDO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KANNA PADUKKAVIDANA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt017298
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DRY RATION FOOD PROJECT
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt052970
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051067
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051068
IRS990EZ/TotalProgramServiceExpensesAmt051067
IRS990EZ/TotalRevenueAmt052970
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt052970
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0124170
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt026362
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011678
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt018089
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0233269
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0233269
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt052970
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0124170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt026362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt011678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt018089
IRS990ScheduleA/Total509Grp/TotalAmt0233269
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt052970
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt011678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt018089
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0233269
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity COVID-DRY RATION FOOD PROJECT Grantee SAMPATH BANK PLC COLOMBO O2 Street 663 KERAGAPOKUNA City, Province, Country, Postal WATTALA, WATTALA Sri LankaAmount 28,943Activity COVID-DRY RATION FOOD PROJECT Grantee SAILORS CANTEEN Street SLS RANGALLA City, Province, Country, Postal PORT OF COLOMBO, COLOMBO Sri LankaAmount 4,827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountACCOUNTING 350ADMIN 6,559BANK FEES 6,535INSURANCE 3,854
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COVID DRY RATION FOOD PROJECT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other program services Part III line 31
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0NUVINA PADUKKAVIDANA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06103934471
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RCOBEC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RCOB
ReturnHeader/Filer/EIN0814203477
ReturnHeader/Filer/USAddress/AddressLine1Txt0346 RAHWAY ROAD
ReturnHeader/Filer/USAddress/CityNm0Edison
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008820
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812664567
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Accounting Concepts LT Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0207 Heron Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palm Coast
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032137
ReturnHeader/PreparerPersonGrp/PhoneNum09176824841
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0IRENE PIACENTINI EA
ReturnHeader/ReturnTs02021-11-12T08:03:38-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0NUVINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PADUKKAVIDANA
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,034
Liabilities
$0
Net assets
$12,034
Revenue
$52,970
Expenses
$51,068
Net income
$1,902
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.53$1.52$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.24$1.16$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$2.37$2.42$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$2.06$2.04$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.53$0.51$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$1.24$1.32$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.29$0.17$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.25$0.22$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.28$0.26$0.02