Civic Intelligence

Mares Foundation Inc.

990EZ • Fiscal year 2023 • EIN 82-2948957

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

Organization Profilemaresfoundation.com
32172 Camino Capistrano STE ASan Juan Capistrano, CA 92675

(949) 489-8300

Siviq Scores

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

Liabilities / Assets

95th percentile

1.08x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.04x

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

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

Net Margin

17th percentile

-26%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

4th percentile

-88%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

33rd percentile

-10%

Faster revenue growth than 33% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$900

Down $6,554 (-88%) from 2022

Net Assets

Down

-$69

Down $6,554 (-101%) from 2022

Liabilities

Flat

$969

Flat from 2022

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin17th percentile

Revenue

Down

$25,616

Down $2,977 (-10%) from 2022

Expenses

Up

$32,170

Up $3,343 (+12%) from 2022

Net Income

Down

-$6,554

Down $6,320 (-2701%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$8.0K$6.0K$4.0K$2.0K$0-$2.0KAssets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $1,288Liabilities 2018: $969Net Assets 2018: $3192018Assets 2019: $1,896Liabilities 2019: $969Net Assets 2019: $9272019Assets 2020: $7,200Liabilities 2020: $969Net Assets 2020: $6,2312020Assets 2021: $7,688Liabilities 2021: $969Net Assets 2021: $6,7192021Assets 2022: $7,454Liabilities 2022: $969Net Assets 2022: $6,4852022Assets 2023: $900Liabilities 2023: $969Net Assets 2023: -$692023Assets 2024: $2,343Liabilities 2024: $970Net Assets 2024: $1,3732024

Highlighted filing

2023

Assets$900
Liabilities$969
Net Assets-$69
Open 2023 Filing

Operations Trend

Revenue Growth33rd percentile

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

$40K$30K$20K$10K$0-$10KRevenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $19,057Expenses 2018: $18,738Net Income 2018: $3192018Revenue 2019: $10,076Expenses 2019: $9,468Net Income 2019: $6082019Revenue 2020: $10,603Expenses 2020: $5,299Net Income 2020: $5,3042020Revenue 2021: $24,463Expenses 2021: $23,975Net Income 2021: $4882021Revenue 2022: $28,593Expenses 2022: $28,827Net Income 2022: -$2342022Revenue 2023: $25,616Expenses 2023: $32,170Net Income 2023: -$6,5542023Revenue 2024: $29,660Expenses 2024: $28,218Net Income 2024: $1,4422024

Highlighted filing

2023

Revenue$25,616
Expenses$32,170
Net Income-$6,554
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$25,616
Mission and Program Overview

Mission

Charitable Educational Support & Training for Underprivileged Youth

Program Services

DescriptionGrantsExpenses
Training Underpriviledge Youth.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cutberto HernandezDirector-$0--
Filing and Contact Details

Filer

Filer Name
Mares Foundation Inc
EIN
82-2948957
Phone
9494898300
Address
32172 Camino Capistrano STE A, San Juan Capistrano, CA 92675

Signing Officer

Name
Cutberto Hernandez
Title
Director
Phone
9494898300
Signed
2024-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Business Financial Solutions Inc
Address
4218 E La Palma Ave, ANAHEIM, CA 92807
Preparer
Edward Hunsaker CPA
Phone
7149837265
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Seminars. Amount: 3,872. Description: Uniforms. Amount: 10,925. Description: Bank Charges. Amount: 180. Description: Printing and Copying. Amount: 13,150. Description: Videos. Amount: 1,006. Description: Scholarships. Amount: 1,088. Total to Form 990-EZ, line 16: 30,221.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Opening Balance. Beg. of Year Amount: 969. End of Year Amount: 969.”

Raw XML Appendix137 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Business Financial Solutions Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum07149837265
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04218 E La Palma Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Anaheim
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092807
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07454
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0900
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt025616
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6554
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01949
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07454
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0900
IRS990EZ/GrossReceiptsAmt025616
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06485
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-69
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06485
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-69
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Cutberto Hernandez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt030221
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Charitable Educational Support & Training for Underprivileged Youth
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Training Underpriviledge Youth.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0969
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0969
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt032170
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt025616
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0maresfoundation.com
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025616
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt028593
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt024463
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010603
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt010076
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt099351
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt099351
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt025616
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt028593
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt024463
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010603
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt010076
IRS990ScheduleA/Total509Grp/TotalAmt099351
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt025616
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt028593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt024463
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt010603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt010076
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt099351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Seminars. Amount: 3,872. Description: Uniforms. Amount: 10,925. Description: Bank Charges. Amount: 180. Description: Printing and Copying. Amount: 13,150. Description: Videos. Amount: 1,006. Description: Scholarships. Amount: 1,088. Total to Form 990-EZ, line 16: 30,221.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Opening Balance. Beg. of Year Amount: 969. End of Year Amount: 969.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Cutberto Hernandez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09494898300
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mares Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0MARE
ReturnHeader/Filer/EIN0822948957
ReturnHeader/Filer/PhoneNum09494898300
ReturnHeader/Filer/USAddress/AddressLine1Txt032172 Camino Capistrano STE A
ReturnHeader/Filer/USAddress/CityNm0San Juan Capistrano
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092675
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201920320
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Business Financial Solutions Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04218 E La Palma Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANAHEIM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092807
ReturnHeader/PreparerPersonGrp/PhoneNum07149837265
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Edward Hunsaker CPA
ReturnHeader/ReturnTs02024-05-13T14:19:44-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Cutberto
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Hernandez
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$900
Liabilities
$969
Net assets
-$69
Revenue
$25,616
Expenses
$32,170
Net income
-$6,554
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.34$0.97$1.37$29.7$28.2$1.44
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.97$0.07$25.6$32.2$6.55
2022Detailed filing. Detailed filing data is available for this year.$7.45$0.97$6.49$28.6$28.8$0.23
2021Detailed filing. Detailed filing data is available for this year.$7.69$0.97$6.72$24.5$24.0$0.49
2020Detailed filing. Detailed filing data is available for this year.$7.20$0.97$6.23$10.6$5.30$5.30
2019Detailed filing. Detailed filing data is available for this year.$1.90$0.97$0.93$10.1$9.47$0.61
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.97$0.32$19.1$18.7$0.32
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00