Civic Intelligence

The Deso Foundation

990PF • Fiscal year 2023 • EIN 84-1436447

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 25, 2024

240 Leyden StreetDenver, CO 80220

(303) 417-1010

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • <$500k nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • <$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-660%

Higher net margin than 3% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2023 filings • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-76%

Faster asset growth than 5% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

30%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$9,171

Down $29,323 (-76%) from 2022

Net Assets

Down

$9,171

Down $29,323 (-76%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$500

Up $114 (+30%) from 2022

Expenses

Up

$3,801

Up $3,801 from 2022

Net Income

Down

-$3,301

Down $3,687 (-955%) from 2022

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $95,586Liabilities 2010: $0Net Assets 2010: $95,5862010Assets 2011: $64,692Liabilities 2011: $12011Assets 2012: $72,055Liabilities 2012: $0Net Assets 2012: $72,0552012Assets 2013: $25,666Liabilities 2013: $0Net Assets 2013: $25,6662013Assets 2014: $34,770Liabilities 2014: $0Net Assets 2014: $34,7702014Assets 2015: $26,970Liabilities 2015: $0Net Assets 2015: $26,9702015Assets 2016: $27,825Liabilities 2016: $0Net Assets 2016: $27,8252016Assets 2017: $46,675Liabilities 2017: $0Net Assets 2017: $46,6752017Assets 2018: $23,991Liabilities 2018: $0Net Assets 2018: $23,9912018Assets 2019: $20,474Liabilities 2019: $0Net Assets 2019: $20,4742019Assets 2020: $20,491Liabilities 2020: $0Net Assets 2020: $20,4912020Assets 2021: $25,711Liabilities 2021: $554Net Assets 2021: $25,1572021Assets 2022: $38,494Liabilities 2022: $0Net Assets 2022: $38,4942022Assets 2023: $9,171Liabilities 2023: $0Net Assets 2023: $9,1712023Assets 2024: $13,658Liabilities 2024: $0Net Assets 2024: $13,6582024

Highlighted filing

2023

Assets$9,171
Liabilities$0
Net Assets$9,171

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KExpenses 2010: $43,8362010Revenue 2011: $14,826Expenses 2011: $45,720Net Income 2011: -$30,8942011Expenses 2012: $40,7962012Revenue 2013: $10,352Expenses 2013: $56,741Net Income 2013: -$46,3892013Revenue 2014: $41,902Expenses 2014: $32,804Net Income 2014: $9,0982014Revenue 2015: $14,964Expenses 2015: $22,787Net Income 2015: -$7,8232015Revenue 2016: $36,716Expenses 2016: $35,882Net Income 2016: $8342016Revenue 2017: $54,481Expenses 2017: $35,648Net Income 2017: $18,8332017Revenue 2018: $3,333Expenses 2018: $26,036Net Income 2018: -$22,7032018Revenue 2019: $6,568Expenses 2019: $10,107Net Income 2019: -$3,5392019Revenue 2020: $10,983Expenses 2020: $11,000Net Income 2020: -$172020Revenue 2021: $11,451Expenses 2021: $6,798Net Income 2021: $4,6532021Revenue 2022: $386Expenses 2022: $0Net Income 2022: $3862022Revenue 2023: $500Expenses 2023: $3,801Net Income 2023: -$3,3012023Revenue 2024: $5,000Expenses 2024: $513Net Income 2024: $4,4872024

Highlighted filing

2023

Revenue$500
Expenses$3,801
Net Income-$3,301
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 25, 2024
Return Version
2023v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James DesorrentoPresident-$0--
Suraya DesorrentoManaging Director-$0--
Filing and Contact Details

Filer

Filer Name
The Deso Foundation
EIN
84-1436447
Address
240 Leyden Street, Denver, CO 80220

Signing Officer

Name
Suraya Desorrento
Title
Managing Partner
Signed
2024-07-25
Discuss with paid preparer
Yes

Preparer

Firm
Lighthouse Accounting & Tax Services Inc
Address
P O Box 440170, Aurora, CO 80044
Preparer
Janet Watren
Phone
3039801205
Raw XML Appendix162 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.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0President
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1Managing Director
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt09701 E Happy Valley Road Lot 4
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt1240 Leyden St
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0Scottsdale
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1Denver
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IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt00
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/MaintainedExpenditureRspnsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0Suraya Desorrento
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0240 Leyden St
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0Denver
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0CO
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd080220
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum03034171010
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
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IRS990PF/UndistributedIncomeGrp/Taxable2Amt01539
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt01548
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt01539
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Media Expenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Web hosting
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt02981
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1420
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Suraya Desorrento
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Managing Partner
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DESO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DESO
ReturnHeader/Filer/EIN0841436447
ReturnHeader/Filer/USAddress/AddressLine1Txt0240 Leyden Street
ReturnHeader/Filer/USAddress/CityNm0Denver
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080220
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200819281
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Lighthouse Accounting & Tax Services Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 440170
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Aurora
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080044
ReturnHeader/PreparerPersonGrp/PhoneNum03039801205
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Janet Watren
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-07-25T09:38:11-00:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Suraya
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DeSorrento
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.7$0.00$13.7$5.00$0.51$4.49
2023Detailed filing. Detailed filing data is available for this year.$9.17$0.00$9.17$0.50$3.80$3.30
2022Detailed filing. Detailed filing data is available for this year.$38.5$0.00$38.5$0.39$0.00$0.39
2021Detailed filing. Detailed filing data is available for this year.$25.7$0.55$25.2$11.5$6.80$4.65
2020Detailed filing. Detailed filing data is available for this year.$20.5$0.00$20.5$11.0$11.0$0.02
2019Detailed filing. Detailed filing data is available for this year.$20.5$0.00$20.5$6.57$10.1$3.54
2018Detailed filing. Detailed filing data is available for this year.$24.0$0.00$24.0$3.33$26.0$22.7
2017Detailed filing. Detailed filing data is available for this year.$46.7$0.00$46.7$54.5$35.6$18.8
2016Detailed filing. Detailed filing data is available for this year.$27.8$0.00$27.8$36.7$35.9$0.83
2015Detailed filing. Detailed filing data is available for this year.$27.0$0.00$27.0$15.0$22.8$7.82
2014Detailed filing. Detailed filing data is available for this year.$34.8$0.00$34.8$41.9$32.8$9.10
2013Detailed filing. Detailed filing data is available for this year.$25.7$0.00$25.7$10.4$56.7$46.4
2012Detailed filing. Detailed filing data is available for this year.$72.1$0.00$72.1$40.8
2011Summary only. Only limited summary data is available for this year.$64.7$0.00$14.8$45.7$30.9
2010Detailed filing. Detailed filing data is available for this year.$95.6$0.00$95.6$43.8