Civic Intelligence

Almost Fun Inc.

990EZ • Fiscal year 2019 • EIN 84-2339499

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 18, 2020

343 Gold Street Apt 2318Brooklyn, NY 11201

(404) 542-1429

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

99th percentile

98%

Higher net margin than 99% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Assets

$78,314

No earlier filing loaded for comparison.

Net Assets

$78,314

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$79,678

No earlier filing loaded for comparison.

Expenses

$1,364

No earlier filing loaded for comparison.

Net Income

$78,314

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $78,314Liabilities 2019: $0Net Assets 2019: $78,3142019Assets 2020: $227,282Liabilities 2020: $5,115Net Assets 2020: $222,1672020Assets 2021: $226,782Liabilities 2021: $2,558Net Assets 2021: $224,2242021Assets 2022: $229,748Liabilities 2022: $52,777Net Assets 2022: $176,9712022

Highlighted filing

2019

Assets$78,314
Liabilities$0
Net Assets$78,314

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2019: $79,678Expenses 2019: $1,364Net Income 2019: $78,3142019Revenue 2020: $258,677Expenses 2020: $114,824Net Income 2020: $143,8532020Revenue 2021: $310,009Expenses 2021: $307,952Net Income 2021: $2,0572021Revenue 2022: $496,879Expenses 2022: $548,064Net Income 2022: -$51,1852022

Highlighted filing

2019

Revenue$79,678
Expenses$1,364
Net Income$78,314
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 18, 2020
Return Version
2019v5.0
Gross Receipts
$79,678
Mission and Program Overview

Mission

Almost Fun's mission is to provide free and culturally relevant test preparation content targeted at low-income students and students of color. We meet students where they are by creating practice questions based on relatable situations and culturally relevant pop culture. Our questions are based on content like scripts from popular movies and TV, young adult novels, and music, with the goal of engaging students with more accessible and relatable content. All of our content is available for free through an iOS app and our website. As students build up skills, we gradually ramp up the difficulty and style to more closely match the SAT. Each question comes with step-by-step, interactive explanations that help students work through the questions clearly. Our goal is to truly democratize access to test prep and support underserved students in their path to a 4-year college.

Program Services

DescriptionGrantsExpenses
Our SAT prep app was used by 4,000 low-income students and students of color to prepare for the SAT. In a pilot we ran with Leadership Public Schools in Richmond, California and four high schools at the Thomas Jefferson Educational Campus in East New York, students shared this was the first time many of these SAT skills made sense, they wished all their classes used content like this, and they couldn't believe the difference it made learning with content they could relate to. Quantitatively, schools reported retention is more than double what they've seen with other SAT prep resources, 60% of the students who had given up on studying prior to the pilot were actively studying, self-reported confidence for the SAT increased, and 80% of students stated they would recommend this to a friend. After 2 months, students took the SAT again, and we found a statistically significant positive correlation between practicing these questions and SAT score change, with students who practiced fewer than 15 questions seeing less than a 10 point increase and students who practiced more than 40 questions seeing a 60-80 point increase. Among students outside of our pilots, we've seen high retention and adoption from targeted advertising campaigns we've run for low-income students and students of color.$0$764
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa WangCEOFT$0--
Shang WangTreasurer, Director-$0--
Katherine DeanDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fast Forward Demo Day$29,502$0$0$0
Total Events$29,502$0$0$0
Filing and Contact Details

Filer

Filer Name
Almost Fun Inc
EIN
84-2339499
Phone
4045421429
Address
343 Gold Street Apt 2318, Brooklyn, NY 11201

Signing Officer

Name
Lisa Wang
Title
CEO, CFO
Phone
4045421429
Signed
2020-03-18
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Online advertising campaigns;264|501c3 application fee;600^Total;864^

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IRS990EZ/PrimaryExemptPurposeTxt0Almost Fun's mission is to provide free and culturally relevant test preparation content targeted at low-income students and students of color. We meet students where they are by creating practice questions based on relatable situations and culturally relevant pop culture. Our questions are based on content like scripts from popular movies and TV, young adult novels, and music, with the goal of engaging students with more accessible and relatable content. All of our content is available for free through an iOS app and our website. As students build up skills, we gradually ramp up the difficulty and style to more closely match the SAT. Each question comes with step-by-step, interactive explanations that help students work through the questions clearly. Our goal is to truly democratize access to test prep and support underserved students in their path to a 4-year college.
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/Filer/EIN0842339499
ReturnHeader/Filer/PhoneNum04045421429
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011201
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.194.46.180
ReturnHeader/ReturnTs02020-03-27T16:43:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings