Civic Intelligence

Faso Education Foundation

990EZ • Fiscal year 2020 • EIN 82-4177055

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

7482 Center Street Suite 100Mentor, OH 44060

(216) 316-7977

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Revenue Growth

59th percentile

-4.7%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Flat

$0

Flat from 2019

Net Assets

Flat

$0

Flat from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$73,379

Down $3,641 (-4.7%) from 2019

Expenses

Down

$73,379

Down $3,641 (-4.7%) from 2019

Net Income

Flat

$0

Flat from 2019

Historical Trend

Balance Sheet Trend

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

$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

2020

Assets$0
Liabilities-
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$73,379
Expenses$73,379
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$73,379
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.-$73,379
Compensation and Service Providers

Employees

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

Filer

Filer Name
Faso Education Foundation
EIN
82-4177055
Address
7482 CENTER STREET SUITE 100, MENTOR, OH 44060

Signing Officer

Name
Steven Frania
Title
President
Signed
2021-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Martinet Recchia Inc
Address
5000 E 345TH ST, WILLOUGHBY, OH 44094-4611
Preparer
Joseph E Recchia
Phone
4409423900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses on lake county foot tax r 73,379 total 73,379

Raw XML Appendix109 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0STEVEN FRANIA
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0STEVEN FRANIA
IRS990EZ/BooksInCareOfDetail/PhoneNum02163167977
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07482 CENTER STREET STE 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MENTOR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044060
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt073379
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt073379
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVEN FRANIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt073379
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE TRAINING FOR DOCTORS IN THE FOOT AND ANKLE FIELD OF PRACTICE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED TRAINING FOR MEDICAL PROFESSIONALS IN THE FOOT AND ANKLE FIELD OF PRACTICE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073379
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073379
IRS990EZ/TotalProgramServiceExpensesAmt073379
IRS990EZ/TotalRevenueAmt073379
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt073379
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt077020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt075046
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0225445
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0225445
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt073379
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt077020
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt075046
IRS990ScheduleA/Total509Grp/TotalAmt0225445
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt073379
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt077020
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt075046
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0225445
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/ExplanationTxt0EXPENSES ON LAKE COUNTY FOOT TAX R 73,379 TOTAL 73,379
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN FRANIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FASO EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FASO
ReturnHeader/Filer/EIN0824177055
ReturnHeader/Filer/USAddress/AddressLine1Txt07482 CENTER STREET SUITE 100
ReturnHeader/Filer/USAddress/CityNm0MENTOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044060
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341331802
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARTINET RECCHIA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05000 E 345TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLOUGHBY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0440944611
ReturnHeader/PreparerPersonGrp/PhoneNum04409423900
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH E RECCHIA
ReturnHeader/ReturnTs02021-11-15T15:34:06-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STEVEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FRANIA
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings