Civic Intelligence

Singal Foundation

990EZ • Fiscal year 2018 • EIN 82-3445516

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 13, 2019

2098 Gaither RoadRockville, MD 20850

(240) 762-6245

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

0.26x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

1st percentile

-4305%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

9th percentile

-48%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-99%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$47,175

Down $42,795 (-48%) from 2017

Net Assets

$46,917

No earlier filing loaded for comparison.

Liabilities

Up

$258

Up $258 from 2017

Revenue

Down

$1,000

Down $89,000 (-99%) from 2017

Expenses

Up

$44,053

Up $44,023 (+146743%) from 2017

Net Income

Down

-$43,053

Down $133,023 (-148%) from 2017

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2017: $89,970Liabilities 2017: $02017Assets 2018: $47,175Liabilities 2018: $258Net Assets 2018: $46,9172018Assets 2019: $25,824Liabilities 2019: $343Net Assets 2019: $25,4812019Assets 2020: $55,137Liabilities 2020: $138Net Assets 2020: $54,9992020Assets 2021: $35,924Liabilities 2021: $32Net Assets 2021: $35,8922021Assets 2022: $18,899Liabilities 2022: $81Net Assets 2022: $18,8182022Assets 2023: $25,915Liabilities 2023: $86Net Assets 2023: $25,8292023Assets 2024: $20,481Net Assets 2024: $20,4812024

Highlighted filing

2018

Assets$47,175
Liabilities$258
Net Assets$46,917

Operations Trend

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

$200K$100K$0-$100KRevenue 2017: $90,000Expenses 2017: $30Net Income 2017: $89,9702017Revenue 2018: $1,000Expenses 2018: $44,053Net Income 2018: -$43,0532018Revenue 2019: $32,795Expenses 2019: $54,231Net Income 2019: -$21,4362019Revenue 2020: $182,855Expenses 2020: $149,295Net Income 2020: $33,5602020Revenue 2021: $42,689Expenses 2021: $61,796Net Income 2021: -$19,1072021Revenue 2022: $10,792Expenses 2022: $27,866Net Income 2022: -$17,0742022Revenue 2023: $15,151Expenses 2023: $8,140Net Income 2023: $7,0112023Revenue 2024: $13Expenses 2024: $5,361Net Income 2024: -$5,3482024

Highlighted filing

2018

Revenue$1,000
Expenses$44,053
Net Income-$43,053
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 13, 2019
Return Version
2018v3.1
Gross Receipts
$1,000
Mission and Program Overview

Mission

The corporation is organized exclusively for charitable, scientific, literary or educational purposes within the meaning of and pursuant to section 501(c)(3) of the internal revenue code of 1986 (or under the corresponding provision of any future united states internal revenue law), including for such purposes, but not limited to, making grants to support underprivileged children, and making grants to schools and other organizations that are recognized as exempt from federal income tax under section 501(c)(3) of the code. References in these articles of incorporation to the code shall be to the internal revenue code of 1986, as amended from time to time.

Program Services

DescriptionGrantsExpenses
PROVIDE FUNDING TO CHURCHASIA, INC., A CHARITABLE ORGANIZATION WHOSE MISSION INCLUDES THE ESTABLISHMENT OF CHURCHES THROUGHOUT SOUTH ASIA, SUPPORTING SCHOOLS, HOMES FOR BLIND CHILDREN, AND DISASTER RELIEF. SINGAL FOUNDATION'S GRANT TO CHURCHASIA, INC. WAS USED TO FUND THE BUILDING OF SCHOOLS IN INDIA.$30,000$30,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD RUGGIEROVP, Secretar-$0--
ANDREA FERNANDEZVP, Asst. Se-$0--
ANIK SINGALPresident-$0--
Filing and Contact Details

Filer

Filer Name
Singal Foundation
EIN
82-3445516
Address
2098 GAITHER ROAD, ROCKVILLE, MD 20850

Signing Officer

Name
Richard Ruggiero
Title
VP, Secretary, Treas
Phone
2402777200
Signed
2019-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Wheelwright Manahan Pllc
Address
1501 W FOUNTAINHEAD PKWY STE 650, TEMPE, AZ 85282
Preparer
Thomas M Wheelwright
Phone
4804856560
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Cash contribution: 30,000

Form 990-ez, Part I, Line 16

Expenses bank fees 65 total 65

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 0 258

Form 990-ez, Part III

The corporation is organized exclusively for charitable, scientific, literary or educational purposes within the meaning of and pursuant to section 501(c)(3) of the internal revenue code of 1986 (or under the corresponding provision of any future united states internal revenue law), including for such purposes, but not limited to, making grants to support underprivileged children, and making grants to schools and other organizations that are recognized as exempt from federal income tax under section 501(c)(3) of the code. References in these articles of incorporation to the code shall be to the internal revenue code of 1986, as amended from time to time.

Form 990-ez, Part III, Line 28

Provide funding to churchasia, inc., a charitable organization whose mission includes the establishment of churches throughout south asia, supporting schools, homes for blind children, and disaster relief. Singal foundation's grant to churchasia, inc. Was used to fund the building of schools in india.

Raw XML Appendix127 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD RUGGIERO
IRS990EZ/BooksInCareOfDetail/PhoneNum02407626245
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02098 GAITHER ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020850
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt089970
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt047175
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-43053
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013988
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt089970
IRS990EZ/Form990TotalAssetsGrp/EOYAmt047175
IRS990EZ/GrantsAndSimilarAmountsPaidAmt030000
IRS990EZ/GrossReceiptsAmt01000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt089970
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046917
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt089970
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046917
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD RUGGIERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREA FERNANDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANIK SINGAL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VP, SECRETAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP, ASST. SE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt065
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF AND PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR UNDER THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW), INCLUDING FOR SUCH PURPOSES, BUT NOT LIMITED TO, MAKING GRANTS TO SUPPORT UNDERPRIVILEGED CHILDREN, AND MAKING GRANTS TO SCHOOLS AND OTHER ORGANIZATIONS THAT ARE RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE. REFERENCES IN THESE ARTICLES OF INCORPORATION TO THE CODE SHALL BE TO THE INTERNAL REVENUE CODE OF 1986, AS AMENDED FROM TIME TO TIME.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE FUNDING TO CHURCHASIA, INC., A CHARITABLE ORGANIZATION WHOSE MISSION INCLUDES THE ESTABLISHMENT OF CHURCHES THROUGHOUT SOUTH ASIA, SUPPORTING SCHOOLS, HOMES FOR BLIND CHILDREN, AND DISASTER RELIEF. SINGAL FOUNDATION'S GRANT TO CHURCHASIA, INC. WAS USED TO FUND THE BUILDING OF SCHOOLS IN INDIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt030000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialConditionDesc0EXTENDED TO 111519
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0258
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt044053
IRS990EZ/TotalProgramServiceExpensesAmt030000
IRS990EZ/TotalRevenueAmt01000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt090000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt091000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt091000
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt090000
IRS990ScheduleA/Total509Grp/TotalAmt091000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt090000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt091000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 30,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK FEES 65 TOTAL 65
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 258
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES WITHIN THE MEANING OF AND PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 (OR UNDER THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW), INCLUDING FOR SUCH PURPOSES, BUT NOT LIMITED TO, MAKING GRANTS TO SUPPORT UNDERPRIVILEGED CHILDREN, AND MAKING GRANTS TO SCHOOLS AND OTHER ORGANIZATIONS THAT ARE RECOGNIZED AS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE CODE. REFERENCES IN THESE ARTICLES OF INCORPORATION TO THE CODE SHALL BE TO THE INTERNAL REVENUE CODE OF 1986, AS AMENDED FROM TIME TO TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDE FUNDING TO CHURCHASIA, INC., A CHARITABLE ORGANIZATION WHOSE MISSION INCLUDES THE ESTABLISHMENT OF CHURCHES THROUGHOUT SOUTH ASIA, SUPPORTING SCHOOLS, HOMES FOR BLIND CHILDREN, AND DISASTER RELIEF. SINGAL FOUNDATION'S GRANT TO CHURCHASIA, INC. WAS USED TO FUND THE BUILDING OF SCHOOLS IN INDIA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD RUGGIERO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP, SECRETARY, TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02402777200
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SINGAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SING
ReturnHeader/Filer/EIN0823445516
ReturnHeader/Filer/USAddress/AddressLine1Txt02098 GAITHER ROAD
ReturnHeader/Filer/USAddress/CityNm0ROCKVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020850
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId03EFD277D2230FF0D5752B7056A561FE9981D9BFD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId03B5873E852AA920E558082FD381738847F81D9B4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.166.204.242
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTm016:08:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814879630
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHEELWRIGHT MANAHAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01501 W FOUNTAINHEAD PKWY STE 650
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TEMPE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085282
ReturnHeader/PreparerPersonGrp/PhoneNum04804856560
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS M WHEELWRIGHT
ReturnHeader/ReturnTs02019-11-15T17:22:27-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings