Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.42x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$7,376
No earlier filing loaded for comparison.
Net Assets
$4,287
No earlier filing loaded for comparison.
Liabilities
$3,089
No earlier filing loaded for comparison.
Revenue And Expenses
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.
Historical Trend
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
| Description | Grants | Expenses |
|---|---|---|
| Economic and cultural development | $53,900 | $53,900 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Alan Cobb | Officer | - | $0 | - | - |
| Jonathan Briggs | Director | - | $0 | - | - |
| Karen Boulton | Treasurer | - | $0 | - | - |
| Sunita Parikh | Volunteer | - | $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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Sunita Parikh |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6137986634 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO Box 802 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Conway |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | WA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 982389800 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 28277 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 7376 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 33113 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -21751 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 28277 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 7376 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 53900 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 33113 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 26038 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 4287 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 26038 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 4287 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Alan Cobb |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Jonathan Briggs |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Karen Boulton |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Sunita Parikh |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Officer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Volunteer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 880 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 84 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Economic and cultural development |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd | 0 | X |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 53900 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 53900 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2239 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3089 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 54864 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 53900 |
| IRS990EZ/TotalRevenueAmt | 0 | 33113 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://shorefast.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 33113 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 95434 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 24318 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 27350 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 64055 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 244270 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.5822 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.6394 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 142216 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 102054 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 33113 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 95434 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 24318 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 27350 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 64055 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 244270 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 244270 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Shorefast US Fund paid $53,100 to Shorefast Foundation a nonprofit organization for its charitable ? activities in 2024. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ? Bank fees ? Domain name renewals and state filing, and ? Accounting software subscription |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part II 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Alan Cabb |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | president |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6137986634 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SHOREFAST US FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SHOR |
| ReturnHeader/Filer/EIN | 0 | 841733717 |
| ReturnHeader/Filer/PhoneNum | 0 | 6137986634 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 802 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CONWAY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 982389800 |
| ReturnHeader/ReturnTs | 0 | 2025-05-07T13:22:37-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $7,376
- Liabilities
- $3,089
- Net assets
- $4,287
- Revenue
- $33,113
- Expenses
- $54,864
- Net income
- -$21,751