Civic Intelligence

Asac Foundation

990 • Fiscal year 2020 • EIN 85-0463051

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization ProfileN/A
PO Box 50400Albuquerque, NM 87181

(518) 584-1065

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

28th percentile

-5.4%

Higher net margin than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

58th percentile

9.6%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-63%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,171,371

Up $102,862 (+9.6%) from 2019

Net Assets

Up

$1,171,371

Up $102,862 (+9.6%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin28th percentile

Revenue

Down

$19,924

Down $34,077 (-63%) from 2019

Expenses

Up

$20,992

Up $1,140 (+5.7%) from 2019

Net Income

Down

-$1,068

Down $35,217 (-103%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth58th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $173,816Net Assets 2010: $173,8162010Assets 2011: $181,157Net Assets 2011: $181,1572011Assets 2012: $209,974Net Assets 2012: $209,9742012Assets 2013: $235,943Net Assets 2013: $235,9432013Assets 2014: $245,025Net Assets 2014: $245,0252014Assets 2015: $773,466Liabilities 2015: $0Net Assets 2015: $773,4662015Assets 2016: $816,309Liabilities 2016: $0Net Assets 2016: $816,3092016Assets 2017: $930,517Liabilities 2017: $0Net Assets 2017: $930,5172017Assets 2018: $872,132Liabilities 2018: $0Net Assets 2018: $872,1322018Assets 2019: $1,068,509Liabilities 2019: $0Net Assets 2019: $1,068,5092019Assets 2020: $1,171,371Liabilities 2020: $0Net Assets 2020: $1,171,3712020Assets 2021: $1,345,439Liabilities 2021: $0Net Assets 2021: $1,345,4392021Assets 2022: $1,123,058Liabilities 2022: $0Net Assets 2022: $1,123,0582022Assets 2023: $1,327,121Liabilities 2023: $0Net Assets 2023: $1,327,1212023Assets 2024: $1,495,065Liabilities 2024: $0Net Assets 2024: $1,495,0652024

Highlighted filing

2020

Assets$1,171,371
Liabilities$0
Net Assets$1,171,371
Open 2020 Filing

Operations Trend

Revenue Growth5th percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $25,207Expenses 2010: $7,121Net Income 2010: $18,0862010Revenue 2011: $32,350Expenses 2011: $11,035Net Income 2011: $21,3152011Revenue 2012: $21,401Expenses 2012: $10,050Net Income 2012: $11,3512012Revenue 2013: $19,606Expenses 2013: $11,238Net Income 2013: $8,3682013Revenue 2014: $15,801Expenses 2014: $3,427Net Income 2014: $12,3742014Revenue 2015: $587,367Expenses 2015: $22,409Net Income 2015: $564,9582015Revenue 2016: $25,502Expenses 2016: $25,939Net Income 2016: -$4372016Revenue 2017: $44,315Expenses 2017: $18,145Net Income 2017: $26,1702017Revenue 2018: $60,262Expenses 2018: $21,175Net Income 2018: $39,0872018Revenue 2019: $54,001Expenses 2019: $19,852Net Income 2019: $34,1492019Revenue 2020: $19,924Expenses 2020: $20,992Net Income 2020: -$1,0682020Revenue 2021: $33,477Expenses 2021: $30,430Net Income 2021: $3,0472021Revenue 2022: $34,302Expenses 2022: $44,132Net Income 2022: -$9,8302022Revenue 2023: $48,646Expenses 2023: $30,028Net Income 2023: $18,6182023Revenue 2024: $38,554Expenses 2024: $50,409Net Income 2024: -$11,8552024

Highlighted filing

2020

Revenue$19,924
Expenses$20,992
Net Income-$1,068
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$144,897
Mission and Program Overview

Mission

To operate and act exclusively for charitable, educational and literary purposes

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,050,839$1,143,526▲ $92,687
Savings and Temporary Cash Investments$14,524$24,939▲ $10,415
Cash and Non-Interest-Bearing Accounts$3,146$2,906▼ $240
Total Assets$1,068,509$1,171,371▲ $102,862
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,068,509$1,171,371▲ $102,862
Total Net Assets Fund Balance$1,068,509$1,171,371▲ $102,862
Total Liabilities and Net Assets / Fund Balance$1,068,509$1,171,371▲ $102,862
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Craig D BellPresident
Allan D CorsDirector
David PrawdzikDirector
George MollerDirector
Robert SadlerDirector
Stephen AndrewsDirector
Vincent RauschDirector
James W Porter IiOutside Dire
Charles W Wheeler JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,525
Program Service Revenue
$922
Investment Income
$15,477
Other Revenue
$0
All Other Contributions
$3,525
Change in Net Assets
$-1,068
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$17,650
Other Expenses$3,342
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$10,000--$10,000
Grants to Domestic Orgs$5,000--$5,000
Grants to Domestic Individuals$2,650--$2,650
Fees for Services Accounting-$2,000-$2,000
Fees for Service Investment Mgmnt Fees-$1,305-$1,305
Office Expenses-$37-$37
Total Functional Expenses$17,650$3,342$0$20,992
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Treasurer reviews form 990 before filing, and the rest of the board members review after it has been filed.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest forms are given out at annual meetings and each board member is required to fill out the form. The board members are required to disclose any interests that could give rise to conflicts.”

Form 990, Page 6, Part VI, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Asac Foundation
EIN
85-0463051
Phone
5185841065
Address
PO BOX 50400, ALBUQUERQUE, NM 87181

Signing Officer

Name
Charles W Wheeler Jr
Title
Treasurer
Phone
5185841065
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles W Wheeler Jr
Formed
1999
Legal Domicile
Nm
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Fredette Sankowski & Company
Address
25 WALTON ST, SARATOGA SPRINGS, NY 12866-2013
Preparer
Jillian M Woodcock
Phone
5185834166
Raw XML Appendix362 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO OPERATE AND ACT EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND LITERARY PURPOSES
IRS990/AllOtherContributionsAmt03525
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0CHARLES WHEELER
IRS990/BooksInCareOfDetail/PhoneNum05185841065
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 50400
IRS990/BooksInCareOfDetail/USAddress/CityNm0ALBUQUERQUE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NM
IRS990/BooksInCareOfDetail/USAddress/ZIPCd087181
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03146
IRS990/CashNonInterestBearingGrp/EOYAmt02906
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03525
IRS990/CYGrantsAndSimilarPaidAmt017650
IRS990/CYInvestmentIncomeAmt015477
IRS990/CYOtherExpensesAmt03342
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0922
IRS990/CYRevenuesLessExpensesAmt0-1068
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt020992
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt019924
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0TO FURTHER THE STUDY AND PRESERVATION OF GUNS AND ARMS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt017650
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02000
IRS990/FeesForServicesAccountingGrp/TotalAmt02000
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt01305
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt01305
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/ProgramServicesAmt010000
IRS990/ForeignGrantsGrp/TotalAmt010000
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt43.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0STEPHEN ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm1CRAIG D BELL
IRS990/Form990PartVIISectionAGrp/PersonNm2ALLAN D CORS
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES W PORTER II
IRS990/Form990PartVIISectionAGrp/PersonNm4CHARLES W WHEELER JR
IRS990/Form990PartVIISectionAGrp/PersonNm5GEORGE MOLLER
IRS990/Form990PartVIISectionAGrp/PersonNm6DAVID PRAWDZIK
IRS990/Form990PartVIISectionAGrp/PersonNm7VINCENT RAUSCH
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT SADLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3OUTSIDE DIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-8838
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt017650
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02650
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02650
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0116135
IRS990/GrossReceiptsAmt0144897
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt024315
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024315
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01050839
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01143526
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NM
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0124973
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE AND ACT EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND LITERARY PURPOSES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0true
IRS990/NetAssetsOrFundBalancesBOYAmt01068509
IRS990/NetAssetsOrFundBalancesEOYAmt01171371
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-8838
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-8838
IRS990/NetUnrlzdGainsLossesInvstAmt0103930
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01068509
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01171371
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt037
IRS990/OfficeExpensesGrp/TotalAmt037
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHARLES W WHEELER JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0922
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0922
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt030445
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt011694
IRS990/PYInvestmentIncomeAmt023326
IRS990/PYOtherExpensesAmt08158
IRS990/PYProgramServiceRevenueAmt0230
IRS990/PYRevenuesLessExpensesAmt034149
IRS990/PYTotalExpensesAmt019852
IRS990/PYTotalRevenueAmt054001
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1068
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0922
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014524
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024939
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION MEETS THE "FACTS AND CIRCUMSTANCES" TEST BECAUSE THE ORGANIZATION RECEIVES 21% OF ITS SUPPORT FROM THE GENERAL PUBLIC. THE ORGANIZATION MAINTAINS CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. THE BOARD OF DIRECTORS CURRENTLY NUMBERS NINE INDIVIDUALS. THEY REPRESENT THE BROAD INTEREST OF THE GENERAL PUBLIC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt05,137
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION MEETS THE "FACTS AND CIRCUMSTANCES" TEST BECAUSE THE ORGANIZATION RECEIVES 21% OF ITS SUPPORT FROM THE GENERAL PUBLIC. THE ORGANIZATION MAINTAINS CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. THE BOARD OF DIRECTORS CURRENTLY NUMBERS NINE INDIVIDUALS. THEY REPRESENT THE BROAD INTEREST OF THE GENERAL PUBLIC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE ORGANIZATION MEETS THE "FACTS AND CIRCUMSTANCES" TEST BECAUSE THE ORGANIZATION RECEIVES 23% OF ITS SUPPORT FROM THE GENERAL PUBLIC. THE ORGANIZATION MAINTAINS CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC. THE BOARD OF DIRECTORS CURRENTLY NUMBERS NINE INDIVIDUALS. THEY REPRESENT THE BROAD INTEREST OF THE GENERAL PUBLIC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, LINE 17A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART II, LINE 17B
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt073405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt024315
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025372
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026788
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024365
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021606
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0122446
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05137
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0922
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0230
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01425
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0455
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02105
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05137
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.20900
IRS990ScheduleA/PublicSupportPY170Pct00.22910
IRS990ScheduleA/PublicSupportTotal170Amt042005
IRS990ScheduleA/SubstantialContributorsTotAmt031400
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029040
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02295
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt073405
IRS990ScheduleA/TotalSupportAmt0200988
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt010000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0EDUCATIONAL SUPPORT
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS THE ORGANIZATION RECEIVES REPORTS SUBMITTED FROM THE DIRECTOR OF THE ORGANIZATION WHO RECEIVED THE GRANT/SCHOLARSHIP OUTLINING THEIR PROGRESS WITH THE PROJECT THAT THE MONEY WAS DESIGNATED FOR.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TREASURER REVIEWS FORM 990 BEFORE FILING, AND THE REST OF THE BOARD MEMBERS REVIEW AFTER IT HAS BEEN FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST FORMS ARE GIVEN OUT AT ANNUAL MEETINGS AND EACH BOARD MEMBER IS REQUIRED TO FILL OUT THE FORM. THE BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NM
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01068509
IRS990/TotalAssetsEOYAmt01171371
IRS990/TotalAssetsGrp/BOYAmt01068509
IRS990/TotalAssetsGrp/EOYAmt01171371
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03525
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03342
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017650
IRS990/TotalFunctionalExpensesGrp/TotalAmt020992
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01068509
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01171371
IRS990/TotalProgramServiceExpensesAmt017650
IRS990/TotalProgramServiceRevenueAmt0922
IRS990/TotalRevenueGrp/ExclusionAmt015477
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0922
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt019924
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01068509
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01171371
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 50400
IRS990/USAddress/CityNm0ALBUQUERQUE
IRS990/USAddress/StateAbbreviationCd0NM
IRS990/USAddress/ZIPCd087181
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES W WHEELER JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05185841065
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASAC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ASAC
ReturnHeader/Filer/EIN0850463051
ReturnHeader/Filer/PhoneNum05185841065
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 50400
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087181
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141709428
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FREDETTE SANKOWSKI & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt025 WALTON ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SARATOGA SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0128662013
ReturnHeader/PreparerPersonGrp/PhoneNum05185834166
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JILLIAN M WOODCOCK
ReturnHeader/ReturnTs02021-11-15T15:32:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WHEELER JR
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,171,371
Liabilities
$0
Net assets
$1,171,371
Revenue
$19,924
Expenses
$20,992
Net income
-$1,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.04$0.05$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.05$0.03$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.03$0.04$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.03$0.03$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.02$0.02$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.05$0.02$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.06$0.02$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.04$0.02$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.03$0.03$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.59$0.02$0.56
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.02$0.00$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.02$0.01$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.21$0.02$0.01$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.18$0.03$0.01$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.17$0.03$0.01$0.02