Civic Intelligence

Kvc Foundation Inc.

990EZ • Fiscal year 2022 • EIN 85-2720163

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

Organization ProfileN/A
5750 Collins Ave STE 14AMiami Beach, FL 33140

(786) 286-3572

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

96th percentile

82%

Higher net margin than 96% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

86th percentile

62%

Faster asset growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

41st percentile

0.0%

Faster revenue growth than 41% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$109,650

Up $41,777 (+62%) from 2021

Net Assets

Up

$108,867

Up $40,994 (+60%) from 2021

Liabilities

Up

$783

Up $783 from 2021

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin96th percentile

Revenue

Flat

$50,000

Flat from 2021

Expenses

Up

$9,006

Up $6,879 (+323%) from 2021

Net Income

Down

$40,994

Down $6,879 (-14%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$150K$100K$50K$0Assets 2020: $20,000Liabilities 2020: $0Net Assets 2020: $20,0002020Assets 2021: $67,873Liabilities 2021: $0Net Assets 2021: $67,8732021Assets 2022: $109,650Liabilities 2022: $783Net Assets 2022: $108,8672022Assets 2023: $104,350Liabilities 2023: $1,744Net Assets 2023: $102,6062023Assets 2024: $103,156Liabilities 2024: $1,804Net Assets 2024: $101,3522024

Highlighted filing

2022

Assets$109,650
Liabilities$783
Net Assets$108,867
Open 2022 Filing

Operations Trend

Revenue Growth41st percentile

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

$60K$40K$20K$0Revenue 2020: $20,000Expenses 2020: $0Net Income 2020: $20,0002020Revenue 2021: $50,000Expenses 2021: $2,127Net Income 2021: $47,8732021Revenue 2022: $50,000Expenses 2022: $9,006Net Income 2022: $40,9942022Expenses 2023: $6,2602023Expenses 2024: $1,2542024

Highlighted filing

2022

Revenue$50,000
Expenses$9,006
Net Income$40,994
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$50,000
Mission and Program Overview

Mission

Kvc foundation works to empower the latin community children by enhancing and enriching their dreams and goals through scholarships, rewards and grand programs.

See Schedule O

Program Services

DescriptionGrantsExpenses
See Schedule O--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Maria CastellanosPresident-$0--
Carlos HerreraVice President-$0--
Filing and Contact Details

Filer

Filer Name
KVC Foundation Inc
EIN
85-2720163
Address
5750 Collins Ave STE 14A, Miami Beach, FL 33140

Signing Officer

Name
Maria Castellano
Title
President
Signed
2023-11-14
Discuss with paid preparer
No

Preparer

Firm
Ivy Accounting Tax & Advisory
Address
14738 SW 23rd St, Miami, FL 33185
Preparer
Ye Zhang
Phone
7862276928
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBank Service Charge 61Charitable Contribution 8,945”

Description of other assets Part II line 24

“Category Beginning of Year End of YearAccounts Receviable 20,000 40,000”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearAccounts Payable 0 783”

Raw XML Appendix134 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/PersonNm0Maria Castellanos
IRS990EZ/BooksInCareOfDetail/PhoneNum07862863572
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05750 Collins Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Miami Beach
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033140
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047873
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt069650
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt050000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt040994
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt067873
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0109650
IRS990EZ/GrossReceiptsAmt050000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt067873
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0108867
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt067873
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0108867
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Maria Castellanos
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Carlos Herrera
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt020000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt040000
IRS990EZ/OtherExpensesTotalAmt09006
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0See Schedule O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0See Schedule O
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0783
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09006
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt050000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0120000
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0120000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/Total509Grp/TotalAmt0120000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt050000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0120000
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/ExplanationTxt0Description AmountBank Service Charge 61Charitable Contribution 8,945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearAccounts Receviable 20,000 40,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearAccounts Payable 0 783
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Maria Castellano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KVC Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0KVCF
ReturnHeader/Filer/EIN0852720163
ReturnHeader/Filer/USAddress/AddressLine1Txt05750 Collins Ave STE 14A
ReturnHeader/Filer/USAddress/CityNm0Miami Beach
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033140
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ivy Accounting Tax & Advisory
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014738 SW 23rd St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Miami
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033185
ReturnHeader/PreparerPersonGrp/PhoneNum07862276928
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ye Zhang
ReturnHeader/ReturnTs02023-11-15T12:32:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Maria
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Castellano
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,650
Liabilities
$783
Net assets
$108,867
Revenue
$50,000
Expenses
$9,006
Net income
$40,994
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.02$1.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.04$0.02$1.03$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.10$0.01$1.09$0.50$0.09$0.41
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.00$0.68$0.50$0.02$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.20$0.00$0.20