Civic Intelligence

High Atlas Foundation

990 • Fiscal year 2019 • EIN 85-0478294

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 28, 2020

511 Sixth Avenue No K110New York, NY 10011

(646) 688-2946

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.03x

Higher debt load relative to assets than 52% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

25th percentile

0.01x

Higher debt load relative to revenue than 25% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Net Margin

68th percentile

19%

Higher net margin than 68% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$74,288

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Asset Growth

93rd percentile

92%

Faster asset growth than 93% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

92nd percentile

116%

Faster revenue growth than 92% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$304,410

Up $145,579 (+92%) from 2018

Net Assets

Up

$294,500

Up $186,304 (+172%) from 2018

Liabilities

Down

$9,910

Down $40,725 (-80%) from 2018

Revenue

Up

$1,002,848

Up $538,847 (+116%) from 2018

Expenses

Up

$812,043

Up $250,002 (+44%) from 2018

Net Income

Up

$190,805

Up $288,845 (+295%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $208,616Liabilities 2011: $02011Assets 2012: $216,304Liabilities 2012: $164,528Net Assets 2012: $51,7762012Assets 2013: $143,363Liabilities 2013: $15,773Net Assets 2013: $127,5902013Assets 2014: $127,872Liabilities 2014: $170,773Net Assets 2014: -$42,9012014Assets 2015: $119,735Liabilities 2015: $80,309Net Assets 2015: $39,4262015Assets 2016: $127,181Liabilities 2016: $107,551Net Assets 2016: $19,6302016Assets 2017: $326,160Liabilities 2017: $111,809Net Assets 2017: $214,3512017Assets 2018: $158,831Liabilities 2018: $50,635Net Assets 2018: $108,1962018Assets 2019: $304,410Liabilities 2019: $9,910Net Assets 2019: $294,5002019Assets 2020: $624,511Liabilities 2020: $156,730Net Assets 2020: $467,7812020Assets 2021: $1,752,209Liabilities 2021: $1,423,307Net Assets 2021: $328,9022021Assets 2022: $2,790,974Liabilities 2022: $2,756,109Net Assets 2022: $34,8652022Assets 2023: $3,779,218Liabilities 2023: $2,083,309Net Assets 2023: $1,695,9092023Assets 2024: $2,084,885Liabilities 2024: $1,449,718Net Assets 2024: $635,1672024

Highlighted filing

2019

Assets$304,410
Liabilities$9,910
Net Assets$294,500

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $199,738Expenses 2011: $201,523Net Income 2011: -$1,7852011Revenue 2012: $427,126Expenses 2012: $423,878Net Income 2012: $3,2482012Revenue 2013: $592,807Expenses 2013: $516,993Net Income 2013: $75,8142013Revenue 2014: $652,678Expenses 2014: $823,169Net Income 2014: -$170,4912014Revenue 2015: $576,382Expenses 2015: $494,055Net Income 2015: $82,3272015Revenue 2016: $262,145Expenses 2016: $281,941Net Income 2016: -$19,7962016Revenue 2017: $510,556Expenses 2017: $315,835Net Income 2017: $194,7212017Revenue 2018: $464,001Expenses 2018: $562,041Net Income 2018: -$98,0402018Revenue 2019: $1,002,848Expenses 2019: $812,043Net Income 2019: $190,8052019Revenue 2020: $1,020,109Expenses 2020: $1,143,678Net Income 2020: -$123,5692020Revenue 2021: $1,469,523Expenses 2021: $1,501,736Net Income 2021: -$32,2132021Revenue 2022: $2,343,118Expenses 2022: $3,186,979Net Income 2022: -$843,8612022Revenue 2023: $6,684,160Expenses 2023: $4,615,801Net Income 2023: $2,068,3592023Revenue 2024: $4,222,226Expenses 2024: $5,282,968Net Income 2024: -$1,060,7422024

Highlighted filing

2019

Revenue$1,002,848
Expenses$812,043
Net Income$190,805
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 28, 2020
Return Version
2019v5.1
Gross Receipts
$1,002,848
Mission and Program Overview

Mission

Establish and deleopment of projects in different parts of morocco

Establish and develop projects for rural communities enabling them to become economically stbale.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,733$267,559▲ $239,826
Inventories for Sale or Use$126,000$31,039▼ $94,961
Land, Buildings, and Equipment, Net$5,098$5,812▲ $714
Total Assets$158,831$304,410▲ $145,579
Liabilities
Accounts Payable and Accrued Expenses$50,635$9,910▼ $40,725
Total Liabilities$50,635$9,910▼ $40,725
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$108,196$294,500▲ $186,304
Total Net Assets Fund Balance$108,196$294,500▲ $186,304
Total Liabilities and Net Assets / Fund Balance$158,831$304,410▲ $145,579

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,812$9,256$15,068
Compensation and Service Providers

Employees

NameTitleBaseTotal
Yossef Ben-meirPresident$74,288$74,288

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,002,848
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,002,848
Change in Net Assets
$190,805

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,002,848
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,002,848
Total Revenue per Form 990
$1,002,848
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$540,593
Salaries, Compensation, and Employee Benefits$271,450
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$197,162--$197,162
Travel$139,535--$139,535
All Other Expenses$81,233--$81,233
Current Officers, Directors, Trustees, and Key Employees$74,288--$74,288
Other Expenses$43,525--$43,525
Occupancy$12,069--$12,069
Fees for Services Accounting$4,243--$4,243
Fees for Services Other$3,352--$3,352
Depreciation Depletion$2,458--$2,458
Information Technology$2,394--$2,394
Insurance$2,180--$2,180
Total Functional Expenses$812,043$0$0$812,043

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$812,043
Total Expenses per Audited Statements$812,043
Total Expenses per Form 990$812,043
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Yes
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, Part VI, Section B, Line 11B

Review completed by email among members of the board of directors.

Form 990, Part VI, Section B, Line 12C

The annual visit to marrakech by the board members provided the ample setting and opportunity to learn about haf's projects in morocco, inquire as to its partners and mission, and discover and evaluate any issues of concern that might have arisen with regards member's continued participation. None arose.

Form 990, Part VI, Section B, Line 15A

The board of directors, all of whom are independent except for the president, reviewed and voted for the compensation of the president.

Form 990, Part VI, Section C, Line 18

The 990 should be available on guidestar.

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
High Atlas Foundation
EIN
85-0478294
Phone
6466882946
Address
511 SIXTH AVENUE NO K110, NEW YORK, NY 10011

Signing Officer

Name
Yossef Ben-meir
Title
President
Phone
6466882946
Signed
2020-10-28

Organization Details

Principal Officer
Yossef Ben-meir
Formed
2000
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
9
Employees
1
Volunteers
0

Preparer

Firm
Ncheng Llp
Address
40 WALL STREET 32ND FLOOR, NEW YORK, NY 10005
Preparer
Alwayne Burke
Phone
2127850100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Professional services-others: program service expenses 41,189. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,189. Project suppliees: program service expenses 11,804. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,804. Office supplies: program service expenses 9,107. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,107. Training and workshop expenses: program service expenses 4,934. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,934. Telephone, telecommunications: program service expenses 4,613. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,613. Tax expense: program service expenses 4,509. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,509. Dues and subscriptions: program service expenses 4,298. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,298. Postage, mailing service: program service expenses 536. Management and general expenses 0. Fundraising expenses 0. Total expenses 536. Utilities: program service expenses 181. Management and general expenses 0. Fundraising expenses 0. Total expenses 181. Maintenance and security: program service expenses 62. Management and general expenses 0. Fundraising expenses 0. Total expenses 62.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW COMPLETED BY EMAIL AMONG MEMBERS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ANNUAL VISIT TO MARRAKECH BY THE BOARD MEMBERS PROVIDED THE AMPLE SETTING AND OPPORTUNITY TO LEARN ABOUT HAF'S PROJECTS IN MOROCCO, INQUIRE AS TO ITS PARTNERS AND MISSION, AND DISCOVER AND EVALUATE ANY ISSUES OF CONCERN THAT MIGHT HAVE ARISEN WITH REGARDS MEMBER'S CONTINUED PARTICIPATION. NONE AROSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS, ALL OF WHOM ARE INDEPENDENT EXCEPT FOR THE PRESIDENT, REVIEWED AND VOTED FOR THE COMPENSATION OF THE PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 SHOULD BE AVAILABLE ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL SERVICES-OTHERS: PROGRAM SERVICE EXPENSES 41,189. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 41,189. PROJECT SUPPLIEES: PROGRAM SERVICE EXPENSES 11,804. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,804. OFFICE SUPPLIES: PROGRAM SERVICE EXPENSES 9,107. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,107. TRAINING AND WORKSHOP EXPENSES: PROGRAM SERVICE EXPENSES 4,934. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,934. TELEPHONE, TELECOMMUNICATIONS: PROGRAM SERVICE EXPENSES 4,613. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,613. TAX EXPENSE: PROGRAM SERVICE EXPENSES 4,509. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,509. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 4,298. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,298. POSTAGE, MAILING SERVICE: PROGRAM SERVICE EXPENSES 536. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 536. UTILITIES: PROGRAM SERVICE EXPENSES 181. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 181. MAINTENANCE AND SECURITY: PROGRAM SERVICE EXPENSES 62. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 24E
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IRS990/TaxExemptBondsInd00
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06466882946
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-28
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ReturnHeader/FilingSecurityInformation/IPTm009:40:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810926770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NCHENG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt040 WALL STREET 32ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum02127850100
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALWAYNE BURKE
ReturnHeader/ReturnTs02020-11-04T12:52:25-06:00
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ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.08$1.45$0.64$4.22$5.28$1.06
2023Detailed filing. Detailed filing data is available for this year.$3.78$2.08$1.70$6.68$4.62$2.07
2022Detailed filing. Detailed filing data is available for this year.$2.79$2.76$0.03$2.34$3.19$0.84
2021Detailed filing. Detailed filing data is available for this year.$1.75$1.42$0.33$1.47$1.50$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.62$0.16$0.47$1.02$1.14$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.01$0.29$1.00$0.81$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.05$0.11$0.46$0.56$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.11$0.21$0.51$0.32$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.13$0.11$0.02$0.26$0.28$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.12$0.08$0.04$0.58$0.49$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.17$0.04$0.65$0.82$0.17
2013Summary only. Only limited summary data is available for this year.$0.14$0.02$0.13$0.59$0.52$0.08
2012Summary only. Only limited summary data is available for this year.$0.22$0.16$0.05$0.43$0.42$0.00
2011Summary only. Only limited summary data is available for this year.$0.21$0.00$0.20$0.20$0.00