Civic Intelligence

Shorefast Us Fund

EIN 84-1733717 • 501(c)3 • Conway, WA

Profile

Shorefast US Fund was established for the primary purpose of providing support and making grants for the benefit of Shorefast Foundation to further its charitable activities on Fogo lsland. Shorefast US Fund is a non profit corporation exempt from US federal income tax under Section 501(c)(3) of the Internal Revenue Code and is eligible to issue donation receipts. The Shorefast US Fund Board of Directors is comprised of one of Shorefast's Board members and two independent directors.

PO Box 802Conway, WA 98238-9800

shorefast.org

Siviq Scores

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

Liabilities / Assets

87th percentile

0.42x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

12th percentile

-66%

Higher net margin than 12% of similar nonprofits.

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

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.

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets87th percentile

Assets

$7,376

No earlier filing loaded for comparison.

Liabilities

$3,089

No earlier filing loaded for comparison.

Net Assets

$4,287

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue82nd percentileNet Margin12th percentile

Revenue

$33,113

No earlier filing loaded for comparison.

Expenses

$54,864

No earlier filing loaded for comparison.

Net Income

-$21,751

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2024: $7,376Liabilities 2024: $3,089Net Assets 2024: $4,2872024

Highlighted filing

2024

Assets$7,376
Liabilities$3,089
Net Assets$4,287
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20K-$40KRevenue 2024: $33,113Expenses 2024: $54,864Net Income 2024: -$21,7512024

Highlighted filing

2024

Revenue$33,113
Expenses$54,864
Net Income-$21,751
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$7,376
Liabilities
$3,089
Net assets
$4,287
Revenue
$33,113
Expenses
$54,864
Net income
-$21,751
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.38$3.09$4.29$33.1$54.9$21.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$33,113
Mission and Program Overview

Mission

Shorefast US Fund was established for the primary purpose of providing support and making grants for the benefit of Shorefast Foundation to further its charitable activities on Fogo lsland. Shorefast US Fund is a non profit corporation exempt from US federal income tax under Section 501(c)(3) of the Internal Revenue Code and is eligible to issue donation receipts. The Shorefast US Fund Board of Directors is comprised of one of Shorefast's Board members and two independent directors.

Program Services

DescriptionGrantsExpenses
Economic and cultural development$53,900$53,900
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan CobbOfficer-$0--
Jonathan BriggsDirector-$0--
Karen BoultonTreasurer-$0--
Sunita ParikhVolunteer-$0--
Filing and Contact Details

Filer

Filer Name
Shorefast US Fund
EIN
84-1733717
Phone
6137986634
Address
PO BOX 802, CONWAY, WA 98238-9800

Signing Officer

Name
Alan Cabb
Title
president
Phone
6137986634
Signed
2025-05-07
Supplemental Narrative

Additional Explanations

Part I 10

“Shorefast US Fund paid $53,100 to Shorefast Foundation a nonprofit organization for its charitable ? activities in 2024.”

Part I 16

“? Bank fees ? Domain name renewals and state filing, and ? Accounting software subscription”

Part II 26

“Amounts owed to its Canadian affiliate for the expenses covered by the affiliate for the following expense categories: -Initial deposit and adjustment - State filings and statutory representations - Accounting software subscription - Domain name renewal”

Raw XML Appendix134 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/PersonNm0Sunita Parikh
IRS990EZ/BooksInCareOfDetail/PhoneNum06137986634
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 802
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Conway
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0982389800
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt028277
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07376
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt033113
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21751
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt028277
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07376
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt053900
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt033113
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt026038
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04287
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt026038
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04287
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Alan Cobb
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jonathan Briggs
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Karen Boulton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Sunita Parikh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Volunteer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0880
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Shorefast US Fund was established for the primary purpose of providing support and making grants for the benefit of Shorefast Foundation to further its charitable activities on Fogo lsland. Shorefast US Fund is a non profit corporation exempt from US federal income tax under Section 501(c)(3) of the Internal Revenue Code and is eligible to issue donation receipts. The Shorefast US Fund Board of Directors is comprised of one of Shorefast's Board members and two independent directors.
IRS990EZ/PrintingPublicationsPostageAmt084
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Economic and cultural development
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt053900
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053900
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02239
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03089
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt054864
IRS990EZ/TotalProgramServiceExpensesAmt053900
IRS990EZ/TotalRevenueAmt033113
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://shorefast.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033113
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt095434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt064055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0244270
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.5822
IRS990ScheduleA/PublicSupportPY170Pct00.6394
IRS990ScheduleA/PublicSupportTotal170Amt0142216
IRS990ScheduleA/SubstantialContributorsTotAmt0102054
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033113
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt095434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt024318
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt027350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt064055
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0244270
IRS990ScheduleA/TotalSupportAmt0244270
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/ExplanationTxt0Shorefast US Fund paid $53,100 to Shorefast Foundation a nonprofit organization for its charitable ? activities in 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1? Bank fees ? Domain name renewals and state filing, and ? Accounting software subscription
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Amounts owed to its Canadian affiliate for the expenses covered by the affiliate for the following expense categories: -Initial deposit and adjustment - State filings and statutory representations - Accounting software subscription - Domain name renewal
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part II 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Alan Cabb
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0president
ReturnHeader/BusinessOfficerGrp/PhoneNum06137986634
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHOREFAST US FUND
ReturnHeader/Filer/BusinessNameControlTxt0SHOR
ReturnHeader/Filer/EIN0841733717
ReturnHeader/Filer/PhoneNum06137986634
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 802
ReturnHeader/Filer/USAddress/CityNm0CONWAY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0982389800
ReturnHeader/ReturnTs02025-05-07T13:22:37-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.