Civic Intelligence

The Achievement Fund Inc.

990EZ • Fiscal year 2020 • EIN 82-1433029

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 17, 2021

1345 East Putnam AveOld Greenwich, CT 06870

(203) 524-4302

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

81st percentile

34%

Higher net margin than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

73rd percentile

31%

Faster asset growth than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

90th percentile

66%

Faster revenue growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$252,230

Up $59,766 (+31%) from 2019

Net Assets

Up

$252,230

Up $59,766 (+31%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$174,540

Up $69,435 (+66%) from 2019

Expenses

Up

$114,774

Up $107,917 (+1574%) from 2019

Net Income

Down

$59,766

Down $38,482 (-39%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2019: $192,464Net Assets 2019: $192,4642019Assets 2020: $252,230Net Assets 2020: $252,2302020Assets 2021: $351,092Net Assets 2021: $351,0922021Assets 2022: $485,405Net Assets 2022: $485,4052022Assets 2023: $683,828Liabilities 2023: $0Net Assets 2023: $683,8282023Assets 2024: $780,648Liabilities 2024: $0Net Assets 2024: $780,6482024

Highlighted filing

2020

Assets$252,230
Liabilities-
Net Assets$252,230

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2019: $105,105Expenses 2019: $6,857Net Income 2019: $98,2482019Revenue 2020: $174,540Expenses 2020: $114,774Net Income 2020: $59,7662020Revenue 2021: $111,451Expenses 2021: $12,589Net Income 2021: $98,8622021Revenue 2022: $146,122Expenses 2022: $11,809Net Income 2022: $134,3132022Revenue 2023: $121,859Expenses 2023: $6,750Net Income 2023: $115,1092023Revenue 2024: $70,692Expenses 2024: $2,700Net Income 2024: $67,9922024

Highlighted filing

2020

Revenue$174,540
Expenses$114,774
Net Income$59,766
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 17, 2021
Return Version
2020v4.0
Gross Receipts
$174,540
Mission and Program Overview

Mission

The specific purpose for which the corporation is initially organized is to be a community development organization serving our local community by engaging in a broad range of strategies that promote community health, education, and development and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code.

Program Services

DescriptionGrantsExpenses
The specific purpose for which the corporation is initially organized is to be a community development organization serving our local community by engaging in a broad range of strategies that promote community health, education, and development and to also engage in activities which are necessary, suitable or convenient for the accomplishment of that purpose, or which are incidental thereto or connected therewith which are consistent with Section 501(c)(3) of the Internal Revenue Code.$114,774-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL MAPresident-$0--
JOSEPH SANDORTreasurer-$0--
XINTIAN DONGSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Achievement Fund Inc
EIN
82-1433029
Phone
2035244302
Address
1345 EAST PUTNAM AVE, OLD GREENWICH, CT 06870

Signing Officer

Name
Michael Ma
Title
President
Signed
2021-09-17
Discuss with paid preparer
Yes

Preparer

Firm
Guy Wilcox CPA
Address
2270 Castle Lake Drive, Tyrone, GA 30290
Preparer
StartChurch Tax Team
Phone
7706329933
Supplemental Narrative

Additional Explanations

Other Expenses.1

MINISTRY EXPENSE $100165

Other Expenses.2

OFFERING COSTS $8910

Other Expenses.3

BENEVOLENCE $5000

Other Expenses.4

Legal and professional $699

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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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ReturnHeader/TaxPeriodBeginDt02020-01-01
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Filings