Civic Intelligence

Asa Foundation

990EZ • Fiscal year 2022 • EIN 82-2930616

Jul 01, 2021 to Jun 30, 2022 • Filed on May 18, 2023

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

98th percentile

2.76x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

0.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

13th percentile

-36%

Higher net margin than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

91st percentile

$41,680

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 42.7% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

5th percentile

-78%

Faster asset growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

30th percentile

-11%

Faster revenue growth than 30% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$10,735

Down $37,695 (-78%) from 2021

Net Assets

Down

-$18,931

Down $35,353 (-215%) from 2021

Liabilities

Down

$29,666

Down $2,342 (-7.3%) from 2021

Revenue

Down

$97,653

Down $12,315 (-11%) from 2021

Expenses

Up

$133,006

Up $35,748 (+37%) from 2021

Net Income

Down

-$35,353

Down $48,063 (-378%) from 2021

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

2022

Assets$10,735
Liabilities$29,666
Net Assets-$18,931

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

2022

Revenue$97,653
Expenses$133,006
Net Income-$35,353
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 18, 2023
Return Version
2021v4.1
Gross Receipts
$97,653
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.-$72,428
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Asa MathatChairmanFT$41,680-$41,680
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
2023-05-18
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 Expenses.1001

Advertising and Promotion $2275

Other Expenses.1002

Office Expenses $12967

Other Expenses.1005

Travel $2860

Other Expenses.1008

Interest $55

Other Expenses.1012

Insurance $7543

Other Expenses.1

Supplies and Materials $12628

Other Expenses.2

Vehicle Expense $12173

Other Expenses.3

Storage $7832

Other Expenses.4

Travel Meals & Entertainment $4345

Other Expenses.5

Other Expenses $3870

Other Expenses.6

Telephone $2831

Other Expenses.7

Outside Services $831

Other Expenses.9

Dues & Subscriptions $611

Other Expenses.10

Bank Service Charges $132

Other Expenses.11

Education and Training $55

Other Assets.1011

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

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $508 Accounts Payable and Accrued Expenses - Ending $1067

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $10200 Payable to Officers, Directors, Etc. - Ending $7299

Total Liabilities.1

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

Raw XML Appendix199 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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IRS990ScheduleL/TotalBalanceDueAmt07299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $12967
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $7543
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies and Materials $12628
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Vehicle Expense $12173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Storage $7832
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18SBA Loan - Beginning $21300 SBA Loan - Ending $21300
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Asa Mathat
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Asa Foundation
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
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095651
ReturnHeader/PreparerPersonGrp/PhoneNum05306269720
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christina L Cavanaugh CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-18T10:19:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Asa
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Mathat
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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