Civic Intelligence

Hifar Foundation

990EZ • Fiscal year 2023 • EIN 84-4128039

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 09, 2024

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

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

43rd percentile

0.0%

Higher net margin than 43% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

9th percentile

-57%

Faster asset growth than 9% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-54%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$4,534

Down $5,928 (-57%) from 2022

Net Assets

Down

$4,534

Down $3,953 (-47%) from 2022

Liabilities

Down

$0

Down $1,975 (-100%) from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin43rd percentile

Revenue

Down

$5,938

Down $6,992 (-54%) from 2022

Expenses

Up

$5,936

Up $33 (+0.6%) from 2022

Net Income

Down

$2

Down $7,025 (-100%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth9th 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

2023

Assets$4,534
Liabilities$0
Net Assets$4,534
Open 2023 Filing

Operations Trend

Revenue Growth10th 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

2023

Revenue$5,938
Expenses$5,936
Net Income$2
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 9, 2024
Return Version
2023v5.0
Gross Receipts
$5,938
Mission and Program Overview

Mission

MUSIC APPRECIATION

Program Services

DescriptionGrantsExpenses
HOST ANNUAL CONCERT FOR LOCAL CHORUS GROUPS-$5,000
Compensation and Service Providers
Top Officer Pay78th 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
2024-09-09

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 486 music performances 3,148 total 3,634”

Form 990-ez, Part I, Line 20

“MISC -3,955”

Form 990-ez, Part II, Line 26

“Loan from officer 1,975 0”

Raw XML Appendix110 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/BOYAmt010462
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04534
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt010462
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04534
IRS990EZ/GrossReceiptsAmt05938
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08487
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04534
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08487
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04534
IRS990EZ/OccupancyRentUtltsAndMaintAmt01852
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
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/OtherChangesInNetAssetsAmt0-3955
IRS990EZ/OtherExpensesTotalAmt03634
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0MUSIC APPRECIATION
IRS990EZ/ProgramServiceRevenueAmt05938
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HOST ANNUAL CONCERT FOR LOCAL CHORUS GROUPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01975
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05936
IRS990EZ/TotalProgramServiceExpensesAmt05000
IRS990EZ/TotalRevenueAmt05938
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04000
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt018868
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt04000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04000
IRS990ScheduleA/TotalSupportAmt04000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 486 MUSIC PERFORMANCES 3,148 TOTAL 3,634
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MISC -3,955
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOAN FROM OFFICER 1,975 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MEISHIN A LIAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-09
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/IRSResponsiblePrtyInfoCurrInd0false
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/PreparationDt02024-09-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JERRY S LAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-09-11T20:28:39-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,534
Liabilities
$0
Net assets
$4,534
Revenue
$5,938
Expenses
$5,936
Net income
$2
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