Civic Intelligence

Asa Foundation

990EZ • Fiscal year 2023 • EIN 82-2930616

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

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

96th percentile

1.39x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

0.20x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

59th percentile

8.4%

Higher net margin than 59% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

88th percentile

$33,764

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 24.8% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

90th percentile

80%

Faster asset growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

39%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$19,352

Up $8,617 (+80%) from 2022

Net Assets

Up

-$7,538

Up $11,393 (+60%) from 2022

Liabilities

Down

$26,890

Down $2,776 (-9.4%) from 2022

Revenue

Up

$135,987

Up $38,334 (+39%) from 2022

Expenses

Down

$124,594

Down $8,412 (-6.3%) from 2022

Net Income

Up

$11,393

Up $46,746 (+132%) from 2022

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

2023

Assets$19,352
Liabilities$26,890
Net Assets-$7,538

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

2023

Revenue$135,987
Expenses$124,594
Net Income$11,393
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$135,987
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.-$38,848
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Asa MathatChairmanFT$33,764-$33,764
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
2024-05-14
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 $2266

Other Expenses.1002

Office Expenses $13111

Other Expenses.1005

Travel $3203

Other Expenses.1008

Interest $107

Other Expenses.1012

Insurance $8095

Other Expenses.1

Vehicle Expense $12764

Other Expenses.2

Supplies and Materials $10854

Other Expenses.3

Storage $7264

Other Expenses.4

Travel Meals & Entertainment $4354

Other Expenses.5

Other Expenses $4297

Other Expenses.6

Telephone $2812

Other Expenses.7

Outside Services $1470

Other Expenses.8

Dues & Subscriptions $649

Other Expenses.9

Education and Training $432

Other Expenses.11

Bank Service Charges $6

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1067 Accounts Payable and Accrued Expenses - Ending $1024

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $7299 Payable to Officers, Directors, Etc. - Ending $4566

Total Liabilities.1

SBA Loan - Beginning $21300 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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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Asa Mathat
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $13111
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $107
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $8095
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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/SignatureDt02024-05-14
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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/IRSResponsiblePrtyInfoCurrInd0true
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
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christina L Cavanaugh CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-14T15:47:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Asa
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Mathat
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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