Civic Intelligence

Faso Education Foundation

EIN 82-4177055 • 501(c)3 • Bay Village, OH

Profile

To provide training for doctors in the foot and ankle field of practice.

484 Columbia RoadBay Village, OH 44140

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

0.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

97th percentile

344%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

112%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$51,226

Up $39,685 (+344%) from 2023

Liabilities

Flat

$46,894

Flat from 2023

Net Assets

Up

$4,332

Up $39,685 (+112%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin84th percentile

Revenue

Up

$111,235

Up $58,735 (+112%) from 2023

Expenses

Up

$71,550

Up $6,147 (+9.4%) from 2023

Net Income

Up

$39,685

Up $52,588 (+408%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2019: $0Net Assets 2019: $02019Assets 2020: $0Net Assets 2020: $02020Assets 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $22,450Net Assets 2022: -$22,4502022Assets 2023: $11,541Liabilities 2023: $46,894Net Assets 2023: -$35,3532023Assets 2024: $51,226Liabilities 2024: $46,894Net Assets 2024: $4,3322024

Highlighted filing

2024

Assets$51,226
Liabilities$46,894
Net Assets$4,332
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2019: $77,020Expenses 2019: $77,020Net Income 2019: $02019Revenue 2020: $73,379Expenses 2020: $73,379Net Income 2020: $02020Revenue 2021: $25,000Expenses 2021: $25,000Net Income 2021: $02021Revenue 2022: $50,000Expenses 2022: $72,450Net Income 2022: -$22,4502022Revenue 2023: $52,500Expenses 2023: $65,403Net Income 2023: -$12,9032023Revenue 2024: $111,235Expenses 2024: $71,550Net Income 2024: $39,6852024

Highlighted filing

2024

Revenue$111,235
Expenses$71,550
Net Income$39,685
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,226
Liabilities
$46,894
Net assets
$4,332
Revenue
$111,235
Expenses
$71,550
Net income
$39,685
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.47$0.04$1.11$0.72$0.40
2023Detailed filing. Detailed filing data is available for this year.$0.12$0.47$0.35$0.53$0.65$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.22$0.22$0.50$0.72$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.25$0.25$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.73$0.73$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.77$0.77$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$111,235
Mission and Program Overview

Mission

To provide training for doctors in the foot and ankle field of practice.

Program Services

DescriptionGrantsExpenses
PROVIDED TRAINING FOR MEDICAL PROFESSIONALS IN THE FOOT AND ANKLE FIELD OF PRACTICE.$0$70,300
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN FRANIAPresident-$0--
Filing and Contact Details

Filer

Filer Name
Faso Education Foundation
EIN
82-4177055
Phone
2163167977
Address
484 COLUMBIA ROAD, BAY VILLAGE, OH 44140

Signing Officer

Name
Steven Frania
Title
President
Phone
2163167977
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
Rehmann Robson LLC
Address
5000 EAST 345TH ST, WILLOUGHBY, OH 44094
Preparer
Joseph Recchia CPA
Phone
4409423900
Supplemental Narrative

Additional Explanations

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

“Description: fellowship stipends. Amount: 70,000. Description: misc expenses. Amount: 300. Total to form 990-ez, line 16: 70,300.”

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

“Description: unsecured notes and loans payable. Beg. Of year amount: 46,894. End of year amount: 46,894.”

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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BAY VILLAGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044140
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt011541
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IRS990EZ/LobbyingActivitiesInd00
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-35353
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04332
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-35353
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04332
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt070300
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE TRAINING FOR DOCTORS IN THE FOOT AND ANKLE FIELD OF PRACTICE.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt046894
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt071550
IRS990EZ/TotalProgramServiceExpensesAmt070300
IRS990EZ/TotalRevenueAmt0111235
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0111235
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt052500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt073379
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0312114
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0312114
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0111235
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt052500
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0111235
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt052500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt073379
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0312114
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt046894
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0CASH FLOW SUPPORT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt046894
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0STEVEN FRANIA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt046894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: FELLOWSHIP STIPENDS. AMOUNT: 70,000. DESCRIPTION: MISC EXPENSES. AMOUNT: 300. TOTAL TO FORM 990-EZ, LINE 16: 70,300.
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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/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN FRANIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02163167977
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FASO EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FASO
ReturnHeader/Filer/EIN0824177055
ReturnHeader/Filer/PhoneNum02163167977
ReturnHeader/Filer/USAddress/AddressLine1Txt0484 COLUMBIA ROAD
ReturnHeader/Filer/USAddress/CityNm0BAY VILLAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
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ReturnHeader/PreparerPersonGrp/PhoneNum04409423900
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH RECCHIA CPA
ReturnHeader/ReturnTs02025-11-17T14:28:59-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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