Civic Intelligence

Singal Foundation

990EZ • Fiscal year 2021 • EIN 82-3445516

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 29, 2022

2098 Gaither Road 200Rockville, MD 20850

(240) 762-6245

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

12th percentile

-45%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-35%

Faster asset growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-77%

Faster revenue growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$35,924

Down $19,213 (-35%) from 2020

Net Assets

Down

$35,892

Down $19,107 (-35%) from 2020

Liabilities

Down

$32

Down $106 (-77%) from 2020

Revenue

Down

$42,689

Down $140,166 (-77%) from 2020

Expenses

Down

$61,796

Down $87,499 (-59%) from 2020

Net Income

Down

-$19,107

Down $52,667 (-157%) from 2020

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

2021

Assets$35,924
Liabilities$32
Net Assets$35,892

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

2021

Revenue$42,689
Expenses$61,796
Net Income-$19,107
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 29, 2022
Return Version
2021v4.0
Gross Receipts
$42,689
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.

A better future through education, shelter, entrepreneurship, & relief.

Program Services

DescriptionGrantsExpenses
PARTNERING WITH THE DREAM CENTERS, FUNDED 8 SELF SUSTAINABLE SCHOOLS IN THE SLUM COMMUNITIES OF INDIA. TO DATE, THE SINGAL FOUNDATION HAS FUNDED THE DEVELOPMENT OF 8 SCHOOLS AND SERVED OVER 1,900 CHILDREN IN INDIA.-$36,992
SOCIAL & EVANGELICAL ASSOCIATION FOR LOVE: DONATION TOWARDS CARING FOR 40 CHILDREN LIVING IN THE SEAL ORPHANAGE IN MUMBAI, INDIA; PROVIDING THE CHILDREN'S EDUCATION, FOOD, CLOTHING & MEDICAL EXPENSES FOR ONE YEAR.-$16,300
OTHER CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES.--
Compensation and Service Providers

Employees

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

Filer

Filer Name
Singal Foundation
EIN
82-3445516
Address
2098 GAITHER ROAD 200, ROCKVILLE, MD 20850

Signing Officer

Name
Richard Ruggiero
Title
VP, Secretary, Treas
Phone
2402777200
Signed
2022-08-29
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 8

Cash reward payment 158 total 158

Form 990-ez, Part I, Line 16

Expenses accounting 8,778 bank fees 440 legal -1,221 merchant fees 101 software expense 454 supplies & materials -48 legal 1,500 professional fees 35,492 charitable contributions 16,300 total 61,796

Form 990-ez, Part II, Line 24

Accounts receivable 4,752 0 total 4,752 0

Form 990-ez, Part II, Line 26

CREDIT CARD 138 32

Form 990-ez, Part III, Line 31

Other charitable, scientific, literary or educational purposes.

Raw XML Appendix140 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 200
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCKVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020850
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt050385
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt035924
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt042531
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-19107
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055137
IRS990EZ/Form990TotalAssetsGrp/EOYAmt035924
IRS990EZ/GrossReceiptsAmt042689
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054999
IRS990EZ/NetAssetsOrFundBalancesEOYAmt035892
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054999
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt035892
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD RUGGIERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ANDREA SINGAL
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/OtherAssetsTotalDetail/BOYAmt04752
IRS990EZ/OtherExpensesTotalAmt061796
IRS990EZ/OtherRevenueTotalAmt0158
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0A BETTER FUTURE THROUGH EDUCATION, SHELTER, ENTREPRENEURSHIP, & RELIEF.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SOCIAL & EVANGELICAL ASSOCIATION FOR LOVE: DONATION TOWARDS CARING FOR 40 CHILDREN LIVING IN THE SEAL ORPHANAGE IN MUMBAI, INDIA; PROVIDING THE CHILDREN'S EDUCATION, FOOD, CLOTHING & MEDICAL EXPENSES FOR ONE YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PARTNERING WITH THE DREAM CENTERS, FUNDED 8 SELF SUSTAINABLE SCHOOLS IN THE SLUM COMMUNITIES OF INDIA. TO DATE, THE SINGAL FOUNDATION HAS FUNDED THE DEVELOPMENT OF 8 SCHOOLS AND SERVED OVER 1,900 CHILDREN IN INDIA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2OTHER CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016300
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt136992
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialConditionDesc0EXTENDED TO 111522
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0138
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt032
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061796
IRS990EZ/TotalProgramServiceExpensesAmt053292
IRS990EZ/TotalRevenueAmt042689
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042087
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0182550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt090000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0348266
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0463
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0112969
IRS990ScheduleA/SubstantialContributorsTotAmt0235297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042087
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0182550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt032629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt090000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0348266
IRS990ScheduleA/TotalSupportAmt0348266
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH REWARD PAYMENT 158 TOTAL 158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ACCOUNTING 8,778 BANK FEES 440 LEGAL -1,221 MERCHANT FEES 101 SOFTWARE EXPENSE 454 SUPPLIES & MATERIALS -48 LEGAL 1,500 PROFESSIONAL FEES 35,492 CHARITABLE CONTRIBUTIONS 16,300 TOTAL 61,796
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 4,752 0 TOTAL 4,752 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CREDIT CARD 138 32
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
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, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD RUGGIERO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP, SECRETARY, TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02402777200
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SINGAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SING
ReturnHeader/Filer/EIN0823445516
ReturnHeader/Filer/USAddress/AddressLine1Txt02098 GAITHER ROAD 200
ReturnHeader/Filer/USAddress/CityNm0ROCKVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020850
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814879630
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WHEELWRIGHT MANAHAN PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02402 S RURAL RD STE 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TEMPE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085282
ReturnHeader/PreparerPersonGrp/PhoneNum04804856560
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TOM WHEELWRIGHT
ReturnHeader/ReturnTs02022-09-12T12:52:28-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RUGGIERO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings