Civic Intelligence

Best Foundation Inc.

990EZ • Fiscal year 2020 • EIN 83-4659393

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

Organization ProfileN/A
184-10a Horace Harding ExpyFresh Meadows, NY 11365

(917) 561-9929

Siviq Scores

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

Liabilities / Assets

95th percentile

0.97x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

0.77x

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Net Margin

77th percentile

34%

Higher net margin than 77% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2020 filings • NTEE B • <$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

18th percentile

-62%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$1,800

Up $1,800 from 2019

Net Assets

Up

$61

Up $769 (+109%) from 2019

Liabilities

Up

$1,739

Up $1,031 (+146%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin77th percentile

Revenue

Down

$2,250

Down $3,700 (-62%) from 2019

Expenses

Down

$1,481

Down $5,177 (-78%) from 2019

Net Income

Up

$769

Up $1,477 (+209%) from 2019

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2020

Assets$1,800
Liabilities$1,739
Net Assets$61
Open 2020 Filing

Operations Trend

Revenue Growth18th percentile

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

2020

Revenue$2,250
Expenses$1,481
Net Income$769
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 8, 2021
Return Version
2020v4.1
Gross Receipts
$2,250
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$1,481
Compensation and Service Providers
Top Officer Pay84th 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
2021-05-08

Preparer

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

Additional Explanations

Form 990EZ, Part I, Line 16

“OFFICE EXPENSES 226.”

Form 990EZ, Part I, Line 16

“SUPPLIES 179.”

Form 990EZ, Part I, Line 16

“MISCELLANEOUS 126.”

Form 990EZ, Part II, Line 26

“Loan from officers 708. 1739.”

Raw XML Appendix161 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/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01800
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0769
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01800
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt02250
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LoansToFromOfficersAmt01739
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-708
IRS990EZ/NetAssetsOrFundBalancesEOYAmt061
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-708
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt061
IRS990EZ/OccupancyRentUtltsAndMaintAmt0950
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/OtherExpensesTotalAmt0531
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL SERVICES FOR HELPING STUDENTS ENRICH THEIR ACADEMIC LEVELS, AFTERSCHOOL HOMEWORK HELP AND VARIOUS
IRS990EZ/ProgramServiceRevenueAmt02250
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE EDUCATIONAL SERVICES FOR HELPING STUDENTS ENRICH THEIR ACADEMIC LEVELS, AFTERSCHOOL HOMEWORK HELP AND VARIOUS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01481
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0708
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01739
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01481
IRS990EZ/TotalProgramServiceExpensesAmt01481
IRS990EZ/TotalRevenueAmt02250
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05950
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/CurrentTaxYearAmt02250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05950
IRS990ScheduleA/Total509Grp/TotalAmt08200
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08200
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01739
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/TotalBalanceDueAmt01739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICE EXPENSES 226.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUPPLIES 179.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISCELLANEOUS 126.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LOAN FROM OFFICERS 708. 1739.
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 II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEX CHAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09175619929
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-08
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/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/PreparationDt02021-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Yiping Wendy Wen CPA
ReturnHeader/ReturnTs02021-05-15T17:51:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALEX
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,800
Liabilities
$1,739
Net assets
$61
Revenue
$2,250
Expenses
$1,481
Net income
$769
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