Civic Intelligence

Singal Foundation

990EZ • Fiscal year 2019 • EIN 82-3445516

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

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

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

7th percentile

-65%

Higher net margin than 7% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-45%

Faster asset growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

3180%

Faster revenue growth than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$25,824

Down $21,351 (-45%) from 2018

Net Assets

Down

$25,481

Down $21,436 (-46%) from 2018

Liabilities

Up

$343

Up $85 (+33%) from 2018

Revenue

Up

$32,795

Up $31,795 (+3180%) from 2018

Expenses

Up

$54,231

Up $10,178 (+23%) from 2018

Net Income

Up

-$21,436

Up $21,617 (+50%) from 2018

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

2019

Assets$25,824
Liabilities$343
Net Assets$25,481

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

2019

Revenue$32,795
Expenses$54,231
Net Income-$21,436
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$32,795
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 THE SOCIAL & EVANGELICAL ASSOCIATION FOR LOVE (SEAL), A CHARITABLE ORGANIZATION WHOSE PRIMARY MISSION IS TO RESCUE THE SICK, THE HOMELESS, THE LOST/MISSING, AND THE ABANDONDED ON THE STREETS AND RAILWAY STATIONS OF MUMBAI AND ITS SUBURBS. SINGAL FOUNDATION'S GRANT TO SEAL WAS USED TO FUND THE BUILDING OF A HOSPITAL IN MAHARASTRA, INDIA.$20,000$20,000
PROVIDE FUNDING TO NEW LIFE MOVEMENT INTERNATIONAL (NLMI), A CHARITABLE ORGANIZATION WHOSE PRIMARY MISSION IS TO GUIDE A BELIEF IN DEVELOPING, FACILITATING AND RELEASING PEOPLE, IRRESPECTIVE OF CASTE OR CREED, WITH A SPECIAL EMPHASIS ON NURTRING THE NEXT GENERATION, WITH A FOCUS ON FAMILY, CHILDREN, AND YOUTH. SINGAL FOUNDATION'S GRANT TO NLMI WAS USED TO FUND SUPPORT FOR A SCHOOL IN MUMBAI, INDIA.$15,000$15,000
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.--
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
2020-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Wheelwright Manahan Pllc
Address
2402 S RURAL RD STE 203, TEMPE, AZ 85282
Preparer
Karen Manahan
Phone
4804856560
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: seal address: district raigad, maharastra, india cash contribution: 20,000 name: new life movement international address: po box 6456, mahim, mumbai, india cash contribution: 15,000

Form 990-ez, Part I, Line 16

Expenses bank fees 449 donated meals 343 total 792

Form 990-ez, Part II, Line 24

Accounts receivable 0 3,876 total 0 3,876

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 258 0 credit card 0 343

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.

Form 990-ez, Part III, Line 29

Provide funding to the social & evangelical association for love (seal), a charitable organization whose primary mission is to rescue the sick, the homeless, the lost/missing, and the abandonded on the streets and railway stations of mumbai and its suburbs. Singal foundation's grant to seal was used to fund the building of a hospital in maharastra, india.

Form 990-ez, Part III, Line 30

Provide funding to new life movement international (nlmi), a charitable organization whose primary mission is to guide a belief in developing, facilitating and releasing people, irrespective of caste or creed, with a special emphasis on nurtring the next generation, with a focus on family, children, and youth. Singal foundation's grant to nlmi was used to fund support for a school in mumbai, india.

Raw XML Appendix151 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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE FUNDING TO THE SOCIAL & EVANGELICAL ASSOCIATION FOR LOVE (SEAL), A CHARITABLE ORGANIZATION WHOSE PRIMARY MISSION IS TO RESCUE THE SICK, THE HOMELESS, THE LOST/MISSING, AND THE ABANDONDED ON THE STREETS AND RAILWAY STATIONS OF MUMBAI AND ITS SUBURBS. SINGAL FOUNDATION'S GRANT TO SEAL WAS USED TO FUND THE BUILDING OF A HOSPITAL IN MAHARASTRA, INDIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDE FUNDING TO NEW LIFE MOVEMENT INTERNATIONAL (NLMI), A CHARITABLE ORGANIZATION WHOSE PRIMARY MISSION IS TO GUIDE A BELIEF IN DEVELOPING, FACILITATING AND RELEASING PEOPLE, IRRESPECTIVE OF CASTE OR CREED, WITH A SPECIAL EMPHASIS ON NURTRING THE NEXT GENERATION, WITH A FOCUS ON FAMILY, CHILDREN, AND YOUTH. SINGAL FOUNDATION'S GRANT TO NLMI WAS USED TO FUND SUPPORT FOR A SCHOOL IN MUMBAI, INDIA.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: SEAL ADDRESS: DISTRICT RAIGAD, MAHARASTRA, INDIA CASH CONTRIBUTION: 20,000 NAME: NEW LIFE MOVEMENT INTERNATIONAL ADDRESS: PO BOX 6456, MAHIM, MUMBAI, INDIA CASH CONTRIBUTION: 15,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK FEES 449 DONATED MEALS 343 TOTAL 792
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 0 3,876 TOTAL 0 3,876
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 258 0 CREDIT CARD 0 343
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 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/ExplanationTxt5PROVIDE 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/ExplanationTxt6PROVIDE FUNDING TO THE SOCIAL & EVANGELICAL ASSOCIATION FOR LOVE (SEAL), A CHARITABLE ORGANIZATION WHOSE PRIMARY MISSION IS TO RESCUE THE SICK, THE HOMELESS, THE LOST/MISSING, AND THE ABANDONDED ON THE STREETS AND RAILWAY STATIONS OF MUMBAI AND ITS SUBURBS. SINGAL FOUNDATION'S GRANT TO SEAL WAS USED TO FUND THE BUILDING OF A HOSPITAL IN MAHARASTRA, INDIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROVIDE FUNDING TO NEW LIFE MOVEMENT INTERNATIONAL (NLMI), A CHARITABLE ORGANIZATION WHOSE PRIMARY MISSION IS TO GUIDE A BELIEF IN DEVELOPING, FACILITATING AND RELEASING PEOPLE, IRRESPECTIVE OF CASTE OR CREED, WITH A SPECIAL EMPHASIS ON NURTRING THE NEXT GENERATION, WITH A FOCUS ON FAMILY, CHILDREN, AND YOUTH. SINGAL FOUNDATION'S GRANT TO NLMI WAS USED TO FUND SUPPORT FOR A SCHOOL IN MUMBAI, 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 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP, SECRETARY, TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02402777200
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-13
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ReturnHeader/Filer/EIN0823445516
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ReturnHeader/FilingSecurityInformation/IPTm015:13:55
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02402 S RURAL RD STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TEMPE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KAREN MANAHAN
ReturnHeader/ReturnTs02020-11-16T16:18:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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