Civic Intelligence

Asness Family Foundation

EIN 81-4745940 • Melville, NY

C/O Cbiz -68 S Service RdMelville, NY 11747
Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

$10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

18th percentile

0.00x

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

$10M-$25M nonprofits • Source year 2025

Net Margin

19th percentile

-12%

Higher net margin than 19% of similar nonprofits.

$10M-$25M nonprofits • Source year 2025

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

$10M-$25M nonprofits • Source year 2025

Asset Growth

18th percentile

-4.1%

Faster asset growth than 18% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2025

Revenue Growth

53rd percentile

9.1%

Faster revenue growth than 53% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$23,915,295

Down $828,958 (-3.4%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Down

$23,915,295

Down $828,958 (-3.4%) from 2024

Operations
Liabilities / Revenue18th percentileNet Margin19th percentile

Revenue

Down

$6,679,673

Down $384,372 (-5.4%) from 2024

Expenses

Down

$7,508,631

Down $808,995 (-9.7%) from 2024

Net Income

Up

-$828,958

Up $424,623 (+34%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth18th percentile

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

$60M$40M$20M$0Assets 2018: $43,058,086Liabilities 2018: $0Net Assets 2018: $43,058,0862018Assets 2019: $42,033,517Liabilities 2019: $0Net Assets 2019: $42,033,5172019Assets 2020: $36,535,364Liabilities 2020: $0Net Assets 2020: $36,535,3642020Assets 2021: $30,677,353Liabilities 2021: $0Net Assets 2021: $30,677,3532021Assets 2022: $29,909,033Liabilities 2022: $0Net Assets 2022: $29,909,0332022Assets 2023: $25,997,834Liabilities 2023: $0Net Assets 2023: $25,997,8342023Assets 2024: $24,744,253Liabilities 2024: $0Net Assets 2024: $24,744,2532024Assets 2025: $23,915,295Liabilities 2025: $0Net Assets 2025: $23,915,2952025

Highlighted filing

2025

Assets$23,915,295
Liabilities$0
Net Assets$23,915,295
Open 2025 Filing

Operations Trend

Revenue Growth53rd percentile

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

$40M$30M$20M$10M$0-$10MRevenue 2018: $30,079,357Expenses 2018: $2,709,692Net Income 2018: $27,369,6652018Revenue 2019: $4,081,865Expenses 2019: $5,106,434Net Income 2019: -$1,024,5692019Revenue 2020: $1,392,460Expenses 2020: $6,890,613Net Income 2020: -$5,498,1532020Revenue 2021: $1,700,650Expenses 2021: $7,558,661Net Income 2021: -$5,858,0112021Revenue 2022: $7,821,919Expenses 2022: $8,590,239Net Income 2022: -$768,3202022Revenue 2023: $5,614,036Expenses 2023: $9,525,235Net Income 2023: -$3,911,1992023Revenue 2024: $7,064,045Expenses 2024: $8,317,626Net Income 2024: -$1,253,5812024Revenue 2025: $6,679,673Expenses 2025: $7,508,631Net Income 2025: -$828,9582025

Highlighted filing

2025

Revenue$6,679,673
Expenses$7,508,631
Net Income-$828,958
Open 2025 Filing

Filings

Most recent year

2025 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,915,295
Liabilities
$0
Net assets
$23,915,295
Revenue
$6,679,673
Expenses
$7,508,631
Net income
-$828,958
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$23.9$0.00$23.9$6.68$7.51$0.83
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$0.00$24.7$7.06$8.32$1.25
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.0$0.00$26.0$5.61$9.53$3.91
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.9$0.00$29.9$7.82$8.59$0.77
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.7$0.00$30.7$1.70$7.56$5.86
2020Detailed filing. Detailed filing data is available for this year.$36.5$0.00$36.5$1.39$6.89$5.50
2019Detailed filing. Detailed filing data is available for this year.$42.0$0.00$42.0$4.08$5.11$1.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.1$0.00$43.1$30.1$2.71$27.4
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Mar 1, 2024 to Feb 28, 2025
Signed
Jan 2, 2026
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay62nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CLIFFORD S ASNESSTrusteePT$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantSEE STATEMENT A ATTACHEDSEE STATEMENT A ATTACHEDPCMELVILLE, NY, US$5,775,000
Filing and Contact Details

Filer

Filer Name
Asness Family Foundation
EIN
81-4745940
In Care Of
% THE FOUNDATION
Phone
6314144000
Address
C/O CBIZ -68 S SERVICE RD, MELVILLE, NY 11747

Signing Officer

Name
Clifford Asness
Title
Trustee
Phone
6314144000
Signed
2026-01-02
Discuss with paid preparer
Yes

Preparer

Firm
CBIZ Advisors LLC
Address
68 SOUTH SERVICE ROAD STE 300, MELVILLE, NY 11747
Preparer
Carolyn Mazzenga
Phone
6314144000
Raw XML Appendix373 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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IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt03662694
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IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine1Txt2MANHATTAN INSTITUTE FOR POLICY RESEARCH
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3789936
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4323610
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt5650
OtherIncomeSchedule2/OtherIncomeDetail/Desc0IRC SECTION 754 MTM- PASS THRU K1
OtherIncomeSchedule2/OtherIncomeDetail/Desc1ORDINARY INCOME- PASS THRU K1
OtherIncomeSchedule2/OtherIncomeDetail/Desc2IRC SECTION 988: PASS THRU K1
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OtherIncomeSchedule2/OtherIncomeDetail/Desc4OTHER INCOME
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt0129196
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt1420165
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt294880
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OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt49
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OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt1430056
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OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt31443514
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TaxesSchedule/TaxesDetail/Amt0109000
TaxesSchedule/TaxesDetail/Amt1211872
TaxesSchedule/TaxesDetail/Amt210500
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL EXCISE TAXES
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TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt1206999
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CLIFFORD ASNESS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06314144000
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASNESS FAMILY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ASNE
ReturnHeader/Filer/EIN0814745940
ReturnHeader/Filer/InCareOfNm0% THE FOUNDATION
ReturnHeader/Filer/PhoneNum06314144000
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O CBIZ -68 S SERVICE RD
ReturnHeader/Filer/USAddress/CityNm0MELVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011747
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ Advisors LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt068 SOUTH SERVICE ROAD STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MELVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011747
ReturnHeader/PreparerPersonGrp/PhoneNum06314144000
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROLYN MAZZENGA
ReturnHeader/ReturnTs02026-01-14T13:21:59-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02024-03-01
ReturnHeader/TaxPeriodEndDt02025-02-28
ReturnHeader/TaxYr02024

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