Civic Intelligence

Rasa Collective Inc

EIN 84-2232002 • 501(c)3 • Los Angeles, CA

Profile

We create a space and invite artists music, painters, calligraphers, digital, and other to promote their work and gain a larger following/appreciation for their work

560 N Kings Rd Apt 1Los Angeles, CA 90048

rasa.world

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

$9,211

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$9,211

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin26th percentile

Revenue

$139,010

No earlier filing loaded for comparison.

Expenses

$160,978

No earlier filing loaded for comparison.

Net Income

-$21,968

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.

$10K$5.0K$0Assets 2022: $9,211Liabilities 2022: $0Net Assets 2022: $9,2112022

Highlighted filing

2022

Assets$9,211
Liabilities$0
Net Assets$9,211
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0-$50KRevenue 2022: $139,010Expenses 2022: $160,978Net Income 2022: -$21,9682022

Highlighted filing

2022

Revenue$139,010
Expenses$160,978
Net Income-$21,968
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$9,211
Liabilities
$0
Net assets
$9,211
Revenue
$139,010
Expenses
$160,978
Net income
-$21,968
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$1.39$1.61$0.22
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 20, 2025
Return Version
2022v5.0
Gross Receipts
$139,010
Mission and Program Overview

Mission

We create a space and invite artists music, painters, calligraphers, digital, and other to promote their work and gain a larger following/appreciation for their work

Art inspired music events that promote up and coming artists.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$6,454$6,454→ $0
Cash and Non-Interest-Bearing Accounts$27,676$5,708▼ $21,968
Land, Buildings, and Equipment, Net$3,503$3,503→ $0
Rtn Earn Endowment Incm Other Fnds$24,725$2,757▼ $21,968
Total Assets$31,179$9,211▼ $21,968
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$31,179$9,211▼ $21,968
Total Liabilities and Net Assets / Fund Balance$31,179$9,211▼ $21,968

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,503-$3,503
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Zaid KhraisVice President
Ahmad MuhaissenOfficer
Faisal MalasOfficer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$139,010
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-21,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$160,737
Grants and Similar Amounts Paid$241
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$45,110--$45,110
Advertising$16,273--$16,273
Office Expenses-$8,935-$8,935
Travel-$1,843-$1,843
Other Expenses$621$14,102-$621
Fees for Services Legal$479--$479
Grants to Domestic Individuals$241--$241
All Other Expenses$-1--$-1
Total Functional Expenses$136,098$24,880$0$160,978
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Rasa Collective Inc
EIN
84-2232002
Address
560 N KINGS RD APT 1, LOS ANGELES, CA 90048

Signing Officer

Name
Ahmad Salem Al Muhaisen
Title
Vice President
Signed
2025-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ahmad Salem Al Muhaisen
Formed
2019
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Alex Gurovich CPA Apc
Address
1968 S COAST HWY NO 853, LAGUNA BEACH, CA 92651
Preparer
Alex Gurovich
Phone
9512163121
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“45,110 Contract professional fees Event management Graphics Photography Promotional videos Videography”

Raw XML Appendix307 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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ReturnHeader/TaxPeriodEndDt02022-12-31
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