Civic Intelligence

Wq Culture Foundation Inc

EIN 81-4461458 • 501(c)3 • New York, NY

Profile

Promote art culture exchange between Asian US community

204 Clinton St Apt 5ANew York, NY 10002

http//www.wqcf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.00x

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

NTEE S80 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.00x

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

NTEE S80 • <$500k nonprofits • Source year 2022

Net Margin

99th percentile

96%

Higher net margin than 99% of similar nonprofits.

NTEE S80 • <$500k nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

NTEE S80 • <$500k nonprofits • Source year 2022

Asset Growth

81st percentile

42%

Faster asset growth than 81% of similar nonprofits.

NTEE S80 • <$500k nonprofits • Annualized from 2019 to 2022

Revenue Growth

42nd percentile

-5.8%

Faster revenue growth than 42% of similar nonprofits.

NTEE S80 • <$500k nonprofits • Annualized from 2019 to 2022

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$402,162

Up $262,999 (+189%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$402,162

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue73rd percentileNet Margin99th percentile

Revenue

Down

$101,000

Down $20,000 (-17%) from 2019

Expenses

Down

$4,520

Down $9,940 (-69%) from 2019

Net Income

Down

$96,480

Down $10,060 (-9.4%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2017: $5,000Liabilities 2017: $3,4622017Assets 2018: $40,081Liabilities 2018: $7,458Net Assets 2018: $32,6232018Assets 2019: $139,163Liabilities 2019: $02019Assets 2022: $402,162Net Assets 2022: $402,1622022

Highlighted filing

2022

Assets$402,162
Liabilities-
Net Assets$402,162
Open 2022 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2017: $5,000Expenses 2017: $3,462Net Income 2017: $1,5382017Revenue 2018: $50,500Expenses 2018: $19,415Net Income 2018: $31,0852018Revenue 2019: $121,000Expenses 2019: $14,460Net Income 2019: $106,5402019Revenue 2022: $101,000Expenses 2022: $4,520Net Income 2022: $96,4802022

Highlighted filing

2022

Revenue$101,000
Expenses$4,520
Net Income$96,480
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$402,162
Liabilities
-
Net assets
$402,162
Revenue
$101,000
Expenses
$4,520
Net income
$96,480
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$4.02$4.02$1.01$0.05$0.96
2019Summary only. Only limited summary data is available for this year.$1.39$0.00$1.21$0.14$1.07
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.07$0.33$0.51$0.19$0.31
2017Summary only. Only limited summary data is available for this year.$0.05$0.03$0.05$0.03$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Dec 20, 2022
Return Version
2021v4.2
Gross Receipts
$101,000
Mission and Program Overview

Mission

Promote art culture exchange between Asian US community

Program Services

DescriptionGrantsExpenses
To promote art, oriental water painting techiques and culture exchange between Asian American community and general public in the United States.$101,000$4,520
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SHI QI ZHAOPresidentPT$0--
WEN QING ZHAOVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Wq Culture Foundation Inc
EIN
81-4461458
Phone
2123349443
Address
204 CLINTON ST APT 5A, NEW YORK, NY 10002

Signing Officer

Name
Wen Qing Zhao
Title
President
Phone
2129663772
Signed
2022-12-20
Discuss with paid preparer
Yes

Preparer

Firm
Bowery Expatriate Tax Group Inc
Address
70 BOWERY SUITE 508, NEW YORK, NY 10013
Preparer
Anna Chan CPA
Phone
2129663772
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

“Travel 470”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 750”

Form 990-EZ, Part I, Line 16, Other Expenses

“Website Expenses 1,000”

Form 990-EZ, Part II, Line 24, Other Assets

“ART PIECES BY DONATIONS Beginning of year 60,000, End of year 76,000”

Form 990-EZ, Part II, Line 24, Other Assets

“OTHER RECEIVABLE Beginning of year 20,283, End of year 20,331”

Raw XML Appendix140 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WQ CULTURE FOUNDATUON INC
IRS990EZ/BooksInCareOfDetail/PhoneNum02123349443
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0204 CLINTON STREET SUITE 5A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010002
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0225399
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0305831
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0101000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt096480
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0305682
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0402162
IRS990EZ/GrossReceiptsAmt0101000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0305682
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0402162
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0305682
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0402162
IRS990EZ/OccupancyRentUtltsAndMaintAmt01800
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SHI QI ZHAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WEN QING ZHAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt080283
IRS990EZ/OtherAssetsTotalDetail/EOYAmt096331
IRS990EZ/OtherExpensesTotalAmt02220
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promote art culture exchange between Asian US community
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To promote art, oriental water painting techiques and culture exchange between Asian American community and general public in the United States.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0101000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04520
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt04520
IRS990EZ/TotalProgramServiceExpensesAmt04520
IRS990EZ/TotalRevenueAmt0101000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http//www.wqcf.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt085000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt076000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0104000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0121000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt050500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0436500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0436500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt085000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt076000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0104000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0121000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0436500
IRS990ScheduleA/TotalSupportAmt0436500
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/ExplanationTxt0Travel 470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Website Expenses 1,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ART PIECES BY DONATIONS Beginning of year 60,000, End of year 76,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER RECEIVABLE Beginning of year 20,283, End of year 20,331
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 24, Other Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WEN QING ZHAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02129663772
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WQ CULTURE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WQCU
ReturnHeader/Filer/EIN0814461458
ReturnHeader/Filer/PhoneNum02123349443
ReturnHeader/Filer/USAddress/AddressLine1Txt0204 CLINTON ST APT 5A
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010002
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813121131
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOWERY EXPATRIATE TAX GROUP INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt070 BOWERY SUITE 508
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010013
ReturnHeader/PreparerPersonGrp/PhoneNum02129663772
ReturnHeader/PreparerPersonGrp/PreparationDt02022-12-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA CHAN CPA
ReturnHeader/ReturnTs02022-12-20T01:29:36-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WEN QING
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ZHAO
ReturnHeader/TaxPeriodBeginDt02021-11-01
ReturnHeader/TaxPeriodEndDt02022-10-31
ReturnHeader/TaxYr02021

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