Civic Intelligence

Ahsc Qalicb

990 • Fiscal year 2020 • EIN 81-4978022

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 16, 2020

9035 SE Foster RdPortland, OR 97266

(503) 872-8822

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

23.15x

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

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

8th percentile

-41%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

25th percentile

$106,956

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

21st percentile

-1.5%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

44th percentile

0.0%

Faster revenue growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$14,844,738

Down $231,979 (-1.5%) from 2019

Net Assets

Down

$700,491

Down $249,687 (-26%) from 2019

Liabilities

Up

$14,144,247

Up $17,708 (+0.1%) from 2019

Revenue

Flat

$611,073

Flat from 2019

Expenses

Up

$860,760

Up $194,362 (+29%) from 2019

Net Income

Down

-$249,687

Down $194,362 (-351%) from 2019

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2017: $14,805,008Liabilities 2017: $14,354,213Net Assets 2017: $450,7952017Assets 2018: $16,470,823Liabilities 2018: $15,465,320Net Assets 2018: $1,005,5032018Assets 2019: $15,076,717Liabilities 2019: $14,126,539Net Assets 2019: $950,1782019Assets 2020: $14,844,738Liabilities 2020: $14,144,247Net Assets 2020: $700,4912020Assets 2021: $14,608,268Liabilities 2021: $14,162,025Net Assets 2021: $446,2432021Assets 2022: $14,353,857Liabilities 2022: $14,179,874Net Assets 2022: $173,9832022Assets 2023: $14,041,377Liabilities 2023: $14,203,190Net Assets 2023: -$161,8132023Assets 2024: $86,853Liabilities 2024: $0Net Assets 2024: $86,8532024Assets 2025: $74,096Liabilities 2025: $0Net Assets 2025: $74,0962025

Highlighted filing

2020

Assets$14,844,738
Liabilities$14,144,247
Net Assets$700,491

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $344,340Expenses 2017: $27,217Net Income 2017: $317,1232017Revenue 2018: $604,708Expenses 2018: $50,000Net Income 2018: $554,7082018Revenue 2019: $611,073Expenses 2019: $666,398Net Income 2019: -$55,3252019Revenue 2020: $611,073Expenses 2020: $860,760Net Income 2020: -$249,6872020Revenue 2021: $611,073Expenses 2021: $865,321Net Income 2021: -$254,2482021Revenue 2022: $611,073Expenses 2022: $883,333Net Income 2022: -$272,2602022Revenue 2023: $611,073Expenses 2023: $946,869Net Income 2023: -$335,7962023Revenue 2024: $560,150Expenses 2024: $1,003,610Net Income 2024: -$443,4602024Revenue 2025: $0Expenses 2025: $12,757Net Income 2025: -$12,7572025

Highlighted filing

2020

Revenue$611,073
Expenses$860,760
Net Income-$249,687
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$611,073
Mission and Program Overview

Mission

The corporation's primary mission is to acquire and develop a health and service center that includes a health clinic, offices, and community space for classes, meal programs, and other community activities.

To acquire and develop a health and service center that will include a health clinic, offices and community space for classes, meal programs, and other community activities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,766,647$13,406,091▼ $360,556
Cash and Non-Interest-Bearing Accounts$612,649$573,835▼ $38,814
Prepaid Expenses and Deferred Charges-$1,873-
Total Assets$15,076,717$14,844,738▼ $231,979
Other Assets Total$697,421$862,939▲ $165,518
Liabilities
Mortgage Notes Payable Secured by Investment Property$14,123,822$14,138,746▲ $14,924
Deferred Revenue$2,717$5,501▲ $2,784
Total Liabilities$14,126,539$14,144,247▲ $17,708
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$950,178$700,491▼ $249,687
Total Net Assets Fund Balance$950,178$700,491▼ $249,687
Total Liabilities and Net Assets / Fund Balance$15,076,717$14,844,738▼ $231,979

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,506,091$687,256$13,193,347
Land$900,000-$900,000
Other Assets Org$862,939--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Holden LeungPresident$106,956$106,956

Board Members and Trustees

NameTitle
John LauDirector
Dr Paul LeungSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$611,073
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-249,687
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$620,760
Grants and Similar Amounts Paid$240,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$375,479--$375,479
Grants to Domestic Orgs$240,000--$240,000
Interest$181,337--$181,337
Fees for Services Other$62,969--$62,969
Insurance$625--$625
Other Expenses$350--$350
Total Functional Expenses$860,760$0$0$860,760
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Asian Health and Service CenterPortland, OR501(c)3Operating Support$240,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization provides a copy of form 990 to the board for review.

Form 990, Part VI, Section B, Line 12C

Each board member is provided a copy of the policy annually and it is reviewed at the annual meeting.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Ahsc Qalicb
EIN
81-4978022
Phone
5038728822
Address
9035 SE FOSTER RD, PORTLAND, OR 97266

Signing Officer

Name
Holden Leung
Title
President
Phone
5038728822
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holden Leung
Formed
2016
Legal Domicile
Or
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Hoffman Stewart & Schmidt Pc
Address
3 CENTERPOINTE DRIVE SUITE 300, LAKE OSWEGO, OR 97035-8663
Preparer
Todd D Massinger
Phone
5032205900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

No changes have been made from the prior year.

Financial Statement Notes

PART X, LINE 2:

Management does not believe the organization has taken any uncertain tax positions.

Raw XML Appendix386 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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IRS990/Desc0THE ORGANIZATION ACQUIRED PROPERTY AND CONSTRUCTED A BUILDING IN 2018, WHICH SERVES AS A HEALTH CLINIC AND COMMUNITY CENTER FOR ITS SUPPORTED ORGANIZATION, ASIAN HEALTH AND SERVICE CENTER, A 501(C)(3) ORGANIZATION.
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0687256
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IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION'S PRIMARY MISSION IS TO ACQUIRE AND DEVELOP A HEALTH AND SERVICE CENTER THAT INCLUDES A HEALTH CLINIC, OFFICES, AND COMMUNITY SPACE FOR CLASSES, MEAL PROGRAMS, AND OTHER COMMUNITY ACTIVITIES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION IS IDENTIFIED ON SCHEDULE A, PART I. THE ORGANIZATION HAS THE SAME MISSION AS ITS SUPPORTED ORGANIZATION BY ACQUIRING AND DEVELOPING A HEALTH AND SERVICE CENTER THAT WILL INCLUDE A HEALTH CLINIC, OFFICES, AND COMMUNITY SPACE FOR CLASSES, MEAL PROGRAMS, AND OTHER COMMUNITY ACTIVITIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION'S INVOLVEMENT WITH THE SUPPORTED ORGANIZATION IS REQUIRED BY THE NEW MARKETS TAX CREDIT PROGRAM REGULATIONS. THE SUPPORTED ORGANIZATION WOULD HAVE OTHERWISE ENGAGED IN THE SAME ACTIVITIES IF NOT FOR THE ROLE OF THE ORGANIZATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 2B
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED RENT REVENUE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS TAKEN ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING SUPPORT
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IRS990ScheduleI/RecipientTable/RecipientEIN0931192100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09035 SE FOSTER RD
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AHSC QALICB IS A SUPPORTING ORGANIZATION FOR ASIAN HEALTH AND SERVICE CENTER. AS SUCH, PERIODIC GRANTS ARE MADE TO THIS ORGANIZATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES A COPY OF FORM 990 TO THE BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER IS PROVIDED A COPY OF THE POLICY ANNUALLY AND IT IS REVIEWED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGES HAVE BEEN MADE FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930743240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOFFMAN STEWART & SCHMIDT PC
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ReturnHeader/ReturnTs02020-11-18T19:37:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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