Civic Intelligence

Best Foundation Inc

EIN 83-4659393 • 501(c)3 • Fresh Meadows, NY

Profile

To provide educational services for helping students enrich their academic levels, afterschool homework help and various

184-10a Horace Harding ExpyFresh Meadows, NY 11365

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

0.90x

Higher debt load relative to assets than 94% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.16x

Higher debt load relative to revenue than 88% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2022

Net Margin

45th percentile

3.9%

Higher net margin than 45% of similar nonprofits.

NTEE B • <$500k nonprofits • Source year 2022

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

NTEE B • <$500k nonprofits • Source year 2022

Asset Growth

12th percentile

-45%

Faster asset growth than 12% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

32nd percentile

-17%

Faster revenue growth than 32% of similar nonprofits.

NTEE B • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$2,670

Down $2,205 (-45%) from 2021

Liabilities

Down

$2,416

Down $2,793 (-54%) from 2021

Net Assets

Up

$254

Up $588 (+176%) from 2021

Operations
Liabilities / Revenue88th percentileNet Margin45th percentile

Revenue

Down

$15,270

Down $3,050 (-17%) from 2021

Expenses

Down

$14,682

Down $4,033 (-22%) from 2021

Net Income

Up

$588

Up $983 (+249%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$6.0K$4.0K$2.0K$0-$2.0KAssets 2019: $0Liabilities 2019: $708Net Assets 2019: -$7082019Assets 2020: $1,800Liabilities 2020: $1,739Net Assets 2020: $612020Assets 2021: $4,875Liabilities 2021: $5,209Net Assets 2021: -$3342021Assets 2022: $2,670Liabilities 2022: $2,416Net Assets 2022: $2542022

Highlighted filing

2022

Assets$2,670
Liabilities$2,416
Net Assets$254
Open 2022 Filing

Operations Trend

Revenue Growth32nd percentile

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2019: $5,950Expenses 2019: $6,658Net Income 2019: -$7082019Revenue 2020: $2,250Expenses 2020: $1,481Net Income 2020: $7692020Revenue 2021: $18,320Expenses 2021: $18,715Net Income 2021: -$3952021Revenue 2022: $15,270Expenses 2022: $14,682Net Income 2022: $5882022

Highlighted filing

2022

Revenue$15,270
Expenses$14,682
Net Income$588
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,670
Liabilities
$2,416
Net assets
$254
Revenue
$15,270
Expenses
$14,682
Net income
$588
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$2.67$2.42$0.25$15.3$14.7$0.59
2021Detailed filing. Detailed filing data is available for this year.$4.88$5.21$0.33$18.3$18.7$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.80$1.74$0.06$2.25$1.48$0.77
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.71$0.71$5.95$6.66$0.71
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$15,270
Mission and Program Overview

Mission

To provide educational services for helping students enrich their academic levels, afterschool homework help and various

Program Services

DescriptionGrantsExpenses
TO PROVIDE EDUCATIONAL SERVICES FOR HELPING STUDENTS ENRICH THEIR ACADEMIC LEVELS, AFTERSCHOOL HOMEWORK HELP AND VARIOUS$0$14,682
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEX CHANChairmanPT$0--
MOILING CHANVice Chairman-$0--
SUI TONG TANGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Best Foundation Inc
EIN
83-4659393
Phone
9175619929
Address
184-10A HORACE HARDING EXPY, Fresh Meadows, NY 11365

Signing Officer

Name
Alex Chan
Title
Chairman
Phone
9175619929
Signed
2023-05-09

Preparer

Firm
Eastern Accounting & Consulting
Address
13617 39th Avenue Suite 3G, Flushing, NY 11354
Preparer
Yiping Wen CPA
Phone
7185391181
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“OFFICE EXPENSES 1113.”

Form 990EZ, Part I, Line 16

“SUPPLIES 739.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 806.”

Form 990EZ, Part I, Line 16

“VENDOR SERVICES 2832.”

Form 990EZ, Part II, Line 26

“Loan from officers 5209. 2416.”

Raw XML Appendix165 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/PersonNm0ALEX CHAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09175619929
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0184-10A HORACE HARDING EXPY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRESH MEADOWS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011365
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04875
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02670
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0588
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04875
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02670
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt015270
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LoansToFromOfficersAmt02416
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-334
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0254
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-334
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0254
IRS990EZ/OccupancyRentUtltsAndMaintAmt09192
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALEX CHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MOILING CHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUI TONG TANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt05490
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL SERVICES FOR HELPING STUDENTS ENRICH THEIR ACADEMIC LEVELS, AFTERSCHOOL HOMEWORK HELP AND VARIOUS
IRS990EZ/ProgramServiceRevenueAmt015270
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE EDUCATIONAL SERVICES FOR HELPING STUDENTS ENRICH THEIR ACADEMIC LEVELS, AFTERSCHOOL HOMEWORK HELP AND VARIOUS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014682
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt05209
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02416
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014682
IRS990EZ/TotalProgramServiceExpensesAmt014682
IRS990EZ/TotalRevenueAmt015270
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08200
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt08200
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05950
IRS990ScheduleA/Total509Grp/TotalAmt08200
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08200
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt02416
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PAY EXPENSES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0708
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0ALEX CHAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHAIRMAN
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt02416
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICE EXPENSES 1113.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPPLIES 739.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISCELLANEOUS 806.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3VENDOR SERVICES 2832.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LOAN FROM OFFICERS 5209. 2416.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEX CHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09175619929
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEST FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BEST
ReturnHeader/Filer/EIN0834659393
ReturnHeader/Filer/PhoneNum09175619929
ReturnHeader/Filer/USAddress/AddressLine1Txt0184-10A HORACE HARDING EXPY
ReturnHeader/Filer/USAddress/CityNm0Fresh Meadows
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011365
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113574093
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EASTERN ACCOUNTING & CONSULTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013617 39th Avenue Suite 3G
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Flushing
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011354
ReturnHeader/PreparerPersonGrp/PhoneNum07185391181
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YIPING WEN CPA
ReturnHeader/ReturnTs02023-05-11T08:17:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALEX
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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