Civic Intelligence

Asa Foundation

990EZ • Fiscal year 2021 • EIN 82-2930616

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

555 Bryant Street 186Palo Alto, CA 94301

(415) 517-6552

Siviq Scores

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

Liabilities / Assets

91st percentile

0.66x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.29x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

54th percentile

12%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$11,103

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 10.1% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

92nd percentile

142%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

46th percentile

-0.3%

Faster revenue growth than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$48,430

Up $28,404 (+142%) from 2020

Net Assets

Up

$16,422

Up $12,710 (+342%) from 2020

Liabilities

Up

$32,008

Up $15,694 (+96%) from 2020

Revenue

Down

$109,968

Down $309 (-0.3%) from 2020

Expenses

Down

$97,258

Down $17,962 (-16%) from 2020

Net Income

Up

$12,710

Up $17,653 (+357%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2019: $16,656Liabilities 2019: $8,001Net Assets 2019: $8,6552019Assets 2020: $20,026Liabilities 2020: $16,314Net Assets 2020: $3,7122020Assets 2021: $48,430Liabilities 2021: $32,008Net Assets 2021: $16,4222021Assets 2022: $10,735Liabilities 2022: $29,666Net Assets 2022: -$18,9312022Assets 2023: $19,352Liabilities 2023: $26,890Net Assets 2023: -$7,5382023Assets 2024: $14,932Liabilities 2024: $26,882Net Assets 2024: -$11,9502024

Highlighted filing

2021

Assets$48,430
Liabilities$32,008
Net Assets$16,422

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $87,106Expenses 2019: $78,451Net Income 2019: $8,6552019Revenue 2020: $110,277Expenses 2020: $115,220Net Income 2020: -$4,9432020Revenue 2021: $109,968Expenses 2021: $97,258Net Income 2021: $12,7102021Revenue 2022: $97,653Expenses 2022: $133,006Net Income 2022: -$35,3532022Revenue 2023: $135,987Expenses 2023: $124,594Net Income 2023: $11,3932023Revenue 2024: $108,423Expenses 2024: $112,835Net Income 2024: -$4,4122024

Highlighted filing

2021

Revenue$109,968
Expenses$97,258
Net Income$12,710
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.0
Gross Receipts
$109,968
Mission and Program Overview

Mission

The mission of Asa Foundation is to provide photography training to vulnerable and homeless youth to provide job skills and career opportunities.

Program Services

DescriptionGrantsExpenses
Professional photography services to provide educational opportunities to vulnerable and homeless youth.$52,532-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Asa MathatChairmanFT$11,103-$11,103
Gisela BusheySecretary-$0--
Christine ShipleyVice President-$0--
Filing and Contact Details

Filer

Filer Name
Asa Foundation
EIN
82-2930616
Phone
4155176552
Address
555 Bryant Street 186, Palo Alto, CA 94301

Signing Officer

Name
Asa Mathat
Title
Chairman
Signed
2022-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Christina L Cavanaugh CPA
Address
PO Box 739, Lotus, CA 95651
Preparer
Christina L Cavanaugh CPA
Phone
5306269720
Supplemental Narrative

Additional Explanations

Other Revenue.1

PPP Loan Forgiveness $9275

Other Expenses.1001

Advertising and Promotion $2116

Other Expenses.1002

Office Expenses $15200

Other Expenses.1005

Travel $3591

Other Expenses.1008

Interest $50

Other Expenses.1012

Insurance $6044

Other Expenses.1

Vehicle Expense $13699

Other Expenses.2

Supplies and Materials $11989

Other Expenses.3

Outside Services $6575

Other Expenses.4

Storage $6494

Other Expenses.5

Travel Meals & Entertainment $4074

Other Expenses.6

Telephone $2534

Other Expenses.7

Other Expenses $1811

Other Expenses.8

Education and Training $772

Other Expenses.9

Dues & Subscriptions $666

Other Expenses.10

Postage $183

Other Expenses.11

Bank Service Charges $19

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $4256

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1839 Accounts Payable and Accrued Expenses - Ending $508

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $5200 Payable to Officers, Directors, Etc. - Ending $10200

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $9275 Unsecured Notes and Loans Payable - Ending $0

Total Liabilities.1

SBA Loan - Beginning $0 SBA Loan - Ending $21300

Raw XML Appendix201 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PPP Loan Forgiveness $9275
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Asa Mathat
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
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ReturnHeader/Filer/BusinessNameControlTxt0ASAF
ReturnHeader/Filer/EIN0822930616
ReturnHeader/Filer/PhoneNum04155176552
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 Bryant Street 186
ReturnHeader/Filer/USAddress/CityNm0Palo Alto
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094301
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472098806
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Christina L Cavanaugh CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 739
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lotus
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerPersonGrp/PhoneNum05306269720
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-11T22:08:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Asa
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Mathat
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings