Civic Intelligence

Hifar Foundation

990EZ • Fiscal year 2021 • EIN 84-4128039

Jan 01, 2021 to Dec 31, 2021 • Filed on May 11, 2022

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

90th percentile

0.57x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

22nd percentile

-14%

Faster asset growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets90th percentile

Assets

Down

$3,435

Down $565 (-14%) from 2020

Net Assets

Down

$1,460

Down $565 (-28%) from 2020

Liabilities

Flat

$1,975

Flat from 2020

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $4,000 (-100%) from 2020

Expenses

Down

$565

Down $1,410 (-71%) from 2020

Net Income

Down

-$565

Down $2,590 (-128%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

2021

Assets$3,435
Liabilities$1,975
Net Assets$1,460
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

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

2021

Revenue$0
Expenses$565
Net Income-$565
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 11, 2022
Return Version
2021v4.0
Mission and Program Overview

Mission

MUSIC APPRECIATION

Program Services

DescriptionGrantsExpenses
HOST ANNUAL CONCERT FOR LOCAL CHORUS GROUPS-$565
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

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

Filer

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

Signing Officer

Name
Meishin a Liao
Title
CFO
Signed
2022-05-11

Preparer

Firm
J Lan CPA Inc
Address
12225 SOUTH ST STE 100, ARTESIA, CA 90701
Preparer
Jerry S Lan
Phone
5629249666
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses tax & license 45 total 45”

Form 990-ez, Part II, Line 26

“Loan from officer 1,975 1,975”

Raw XML Appendix103 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/PersonNm0MEISHIN 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/BOYAmt04000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03435
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-565
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0520
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03435
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02025
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01460
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02025
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01460
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MEISHIN A LIAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HENRY H LIAO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO/SECRETAR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt045
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MUSIC APPRECIATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOST ANNUAL CONCERT FOR LOCAL CHORUS GROUPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0565
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01975
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01975
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0565
IRS990EZ/TotalProgramServiceExpensesAmt0565
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt04000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04000
IRS990ScheduleA/TotalSupportAmt04000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TAX & LICENSE 45 TOTAL 45
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LOAN FROM OFFICER 1,975 1,975
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MEISHIN A LIAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIFAR FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HIFA
ReturnHeader/Filer/EIN0844128039
ReturnHeader/Filer/USAddress/AddressLine1Txt010423 LOS ALAMITOS BLVD
ReturnHeader/Filer/USAddress/CityNm0LOS ALAMITOS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090720
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271839429
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0J LAN CPA INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt012225 SOUTH ST STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARTESIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090701
ReturnHeader/PreparerPersonGrp/PhoneNum05629249666
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY S LAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-05-13T19:49:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MEISHIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LIAO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,435
Liabilities
$1,975
Net assets
$1,460
Revenue
$0
Expenses
$565
Net income
-$565
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