Civic Intelligence

Hifar Foundation

990EZ • Fiscal year 2020 • EIN 84-4128039

Jan 01, 2020 to Dec 31, 2020 • Filed on May 13, 2021

Organization ProfileN/A
10423 Los Alamitos BlvdLos Alamitos, CA 90720

(562) 500-5882

Siviq Scores

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

Liabilities / Assets

88th percentile

0.49x

Higher debt load relative to assets than 88% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

90th percentile

0.49x

Higher debt load relative to revenue than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

89th percentile

51%

Higher net margin than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets88th percentile

Assets

$4,000

No earlier filing loaded for comparison.

Net Assets

$2,025

No earlier filing loaded for comparison.

Liabilities

$1,975

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin89th percentile

Revenue

$4,000

No earlier filing loaded for comparison.

Expenses

$1,975

No earlier filing loaded for comparison.

Net Income

$2,025

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15K$10K$5.0K$0Assets 2020: $4,000Liabilities 2020: $1,975Net Assets 2020: $2,0252020Assets 2021: $3,435Liabilities 2021: $1,975Net Assets 2021: $1,4602021Assets 2022: $10,462Liabilities 2022: $1,975Net Assets 2022: $8,4872022Assets 2023: $4,534Liabilities 2023: $0Net Assets 2023: $4,5342023Assets 2024: $7,723Net Assets 2024: $7,7232024

Highlighted filing

2020

Assets$4,000
Liabilities$1,975
Net Assets$2,025
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15K$10K$5.0K$0-$5.0KRevenue 2020: $4,000Expenses 2020: $1,975Net Income 2020: $2,0252020Revenue 2021: $0Expenses 2021: $565Net Income 2021: -$5652021Revenue 2022: $12,930Expenses 2022: $5,903Net Income 2022: $7,0272022Revenue 2023: $5,938Expenses 2023: $5,936Net Income 2023: $22023Revenue 2024: $10,600Expenses 2024: $7,411Net Income 2024: $3,1892024

Highlighted filing

2020

Revenue$4,000
Expenses$1,975
Net Income$2,025
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 13, 2021
Return Version
2020v4.1
Gross Receipts
$4,000
Mission and Program Overview

Mission

MUSIC APPRECIATION

To unite chorus group in Southern California

Program Services

DescriptionGrantsExpenses
The organization is inactive in 2020 due to Covid-19.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HENRY H LIAOCEO/SecretaryPT$0--
MEISHIN A LIAOCFOPT$0--
Filing and Contact Details

Filer

Filer Name
Hifar Foundation
EIN
84-4128039
Phone
5625005882
Address
10423 LOS ALAMITOS BLVD, LOS ALAMITOS, CA 90720

Signing Officer

Name
Henry H Liao
Title
CEO
Signed
2021-05-13
Discuss with paid preparer
Yes

Preparer

Firm
The Lai CPA
Address
1249 S DIAMOND BAR BLVD 255, DIAMOMD BAR, CA 91765
Preparer
Peter Lai
Phone
9095989598
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 26, Liabilities

“Due to officer Beginning of year 0, End of year 1,975”

Raw XML Appendix119 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/BusinessName/BusinessNameLine1Txt0HENRY H LIAO
IRS990EZ/BooksInCareOfDetail/PhoneNum05625005882
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010423 LOS ALAMITOS BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ALAMITOS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090720
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04000
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02025
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01975
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04000
IRS990EZ/GrossReceiptsAmt04000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NameChangeInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02025
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1005.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HENRY H LIAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MEISHIN A LIAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO/secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To unite chorus group in Southern California
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The organization is inactive in 2020 due to Covid-19.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01975
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt01975
IRS990EZ/TotalRevenueAmt04000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04000
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt04000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/Total509Grp/TotalAmt04000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt04000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04000
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/ExplanationTxt0Due to officer Beginning of year 0, End of year 1,975
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HENRY H LIAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIFAR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HIFA
ReturnHeader/Filer/EIN0844128039
ReturnHeader/Filer/PhoneNum05625005882
ReturnHeader/Filer/USAddress/AddressLine1Txt010423 LOS ALAMITOS BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ALAMITOS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090720
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0THE LAI CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01249 S DIAMOND BAR BLVD 255
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DIAMOMD BAR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091765
ReturnHeader/PreparerPersonGrp/PhoneNum09095989598
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER LAI
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-05-13T07:48:44-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HENRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LIAO
ReturnHeader/TaxPeriodBeginDt02020-01-06
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,000
Liabilities
$1,975
Net assets
$2,025
Revenue
$4,000
Expenses
$1,975
Net income
$2,025
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.72$7.72$10.6$7.41$3.19
2023Detailed filing. Detailed filing data is available for this year.$4.53$0.00$4.53$5.94$5.94$0.00
2022Detailed filing. Detailed filing data is available for this year.$10.5$1.98$8.49$12.9$5.90$7.03
2021Detailed filing. Detailed filing data is available for this year.$3.44$1.98$1.46$0.00$0.57$0.57
2020Detailed filing. Detailed filing data is available for this year.$4.00$1.98$2.03$4.00$1.98$2.03