Civic Intelligence

Grit Art & Tech Association

990EZ • Fiscal year 2018 • EIN 81-5151048

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 15, 2019

Organization ProfileN/A
1250 Borregas AvenueSunnyvale, CA 94089

(408) 998-1688

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

84th percentile

48%

Faster asset growth than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$8,244

Up $2,674 (+48%) from 2017

Net Assets

Up

$7,651

Up $2,443 (+47%) from 2017

Liabilities

Up

$593

Up $231 (+64%) from 2017

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin80th percentile

Revenue

Up

$9,981

Up $1,181 (+13%) from 2017

Expenses

Up

$7,538

Up $3,946 (+110%) from 2017

Net Income

Down

$2,443

Down $2,765 (-53%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$30K$20K$10K$0Assets 2017: $5,570Liabilities 2017: $362Net Assets 2017: $5,2082017Assets 2018: $8,244Liabilities 2018: $593Net Assets 2018: $7,6512018Assets 2019: $11,424Liabilities 2019: $1,476Net Assets 2019: $9,9482019Assets 2020: $15,950Liabilities 2020: $1,346Net Assets 2020: $14,6042020Assets 2021: $20,240Liabilities 2021: $0Net Assets 2021: $20,2402021Assets 2022: $25,561Liabilities 2022: $1,135Net Assets 2022: $24,4262022Assets 2023: $27,573Liabilities 2023: $900Net Assets 2023: $26,6732023Assets 2024: $29,803Liabilities 2024: $728Net Assets 2024: $29,0752024

Highlighted filing

2018

Assets$8,244
Liabilities$593
Net Assets$7,651
Open 2018 Filing

Operations Trend

Revenue Growth66th percentile

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

$20K$15K$10K$5.0K$0Revenue 2017: $8,800Expenses 2017: $3,592Net Income 2017: $5,2082017Revenue 2018: $9,981Expenses 2018: $7,538Net Income 2018: $2,4432018Revenue 2019: $14,935Expenses 2019: $12,638Net Income 2019: $2,2972019Revenue 2020: $16,680Expenses 2020: $12,024Net Income 2020: $4,6562020Revenue 2021: $16,568Expenses 2021: $10,932Net Income 2021: $5,6362021Revenue 2022: $16,915Expenses 2022: $12,729Net Income 2022: $4,1862022Revenue 2023: $13,836Expenses 2023: $11,589Net Income 2023: $2,2472023Revenue 2024: $14,110Expenses 2024: $11,708Net Income 2024: $2,4022024

Highlighted filing

2018

Revenue$9,981
Expenses$7,538
Net Income$2,443
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 15, 2019
Return Version
2018v3.1
Gross Receipts
$9,981
Mission and Program Overview

Mission

We believe everyone has the potential to become an artist or a technologist. Love passionand perseverance are the key qualityies to be successful in hte area of art and technology.

Program Services

DescriptionGrantsExpenses
TO PROMOTE THE VISUAL ART EDUCATION AND TECHNOLOGY EDUCATION IN LOCAL COMMMUNITIES, TO RACH OUT THE PEOPLE WHO HAVE PASSION WITH ART AND TECHNOLOGY TO GET HELP FROM PROFESSIONALS INT THE AREA--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
YANG SHIPresident & CEO-$0--
YUNHUI LUOSecretary-$0--
WEI WANGCFO-$0--
Filing and Contact Details

Filer

Filer Name
Grit Art & Tech Association
EIN
81-5151048
Address
1250 Borregas Avenue, SUNNYVALE, CA 94089

Signing Officer

Name
Yang Shi
Title
President & CEO
Signed
2019-04-15
Discuss with paid preparer
Yes

Preparer

Firm
Wang Accountancy Corp
Address
28 N First St Suite 900, San Jose, CA 95113
Preparer
Jung-Mei Wang
Phone
4089981688
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $2257”

Other Expenses.1006

“Payments of Travel or Entertainment for Public Officials $271”

Other Expenses.1

“DONATION $2350”

Other Expenses.2

“rental $2200”

Total Liabilities.1

“- Beginning $362 - Ending $593”

Raw XML Appendix136 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/PhoneNum04089981688
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095113
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05570
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08244
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt09087
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02443
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0460
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt00
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt0894
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0YANG SHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1YUNHUI LUO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WEI WANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt07078
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WE BELIEVE EVERYONE HAS THE POTENTIAL TO BECOME AN ARTIST OR A TECHNOLOGIST. LOVE PASSIONAND PERSEVERANCE ARE THE KEY QUALITYIES TO BE SUCCESSFUL IN HTE AREA OF ART AND TECHNOLOGY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE THE VISUAL ART EDUCATION AND TECHNOLOGY EDUCATION IN LOCAL COMMMUNITIES, TO RACH OUT THE PEOPLE WHO HAVE PASSION WITH ART AND TECHNOLOGY TO GET HELP FROM PROFESSIONALS INT THE AREA
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0362
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0593
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt07538
IRS990EZ/TotalRevenueAmt09981
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08536
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt017236
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt017236
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08700
IRS990ScheduleA/Total509Grp/TotalAmt017236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08536
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08700
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt017236
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $2257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Payments of Travel or Entertainment for Public Officials $271
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DONATION $2350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3rental $2200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4- Beginning $362 - Ending $593
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0YANG SHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRIT ART & TECH ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0GRIT
ReturnHeader/Filer/EIN0815151048
ReturnHeader/Filer/USAddress/AddressLine1Txt01250 Borregas Avenue
ReturnHeader/Filer/USAddress/CityNm0SUNNYVALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094089
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770559827
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WANG ACCOUNTANCY CORP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt028 N First St Suite 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Jose
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095113
ReturnHeader/PreparerPersonGrp/PhoneNum04089981688
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jung-Mei Wang
ReturnHeader/ReturnTs02019-04-15T17:43:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,244
Liabilities
$593
Net assets
$7,651
Revenue
$9,981
Expenses
$7,538
Net income
$2,443
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.8$0.73$29.1$14.1$11.7$2.40
2023Detailed filing. Detailed filing data is available for this year.$27.6$0.90$26.7$13.8$11.6$2.25
2022Detailed filing. Detailed filing data is available for this year.$25.6$1.14$24.4$16.9$12.7$4.19
2021Detailed filing. Detailed filing data is available for this year.$20.2$0.00$20.2$16.6$10.9$5.64
2020Detailed filing. Detailed filing data is available for this year.$16.0$1.35$14.6$16.7$12.0$4.66
2019Detailed filing. Detailed filing data is available for this year.$11.4$1.48$9.95$14.9$12.6$2.30
2018Detailed filing. Detailed filing data is available for this year.$8.24$0.59$7.65$9.98$7.54$2.44
2017Detailed filing. Detailed filing data is available for this year.$5.57$0.36$5.21$8.80$3.59$5.21