Civic Intelligence

Spring Research Foundation

EIN 85-2972641 • San Carlos, CA

Pub. 78 Eligible
1121 Industrial Road Ste 500San Carlos, CA 94070-4106
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

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

<$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

<$500k nonprofits • Source year 2024

Asset Growth

20th percentile

-41%

Faster asset growth than 20% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

4th percentile

-100%

Faster revenue growth than 4% of similar nonprofits.

<$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$5,156

Down $8,270 (-62%) from 2023

Liabilities

Down

$0

Down $1 (-100%) from 2023

Net Assets

Down

$5,156

Down $8,270 (-62%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $1 (-100%) from 2023

Expenses

Up

$8,270

Up $6,800 (+463%) from 2023

Net Income

Down

-$8,270

Down $6,801 (-463%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2020: $401,944Liabilities 2020: $1Net Assets 2020: $401,9442020Assets 2021: $37,622Liabilities 2021: $1Net Assets 2021: $37,6222021Assets 2022: $14,896Liabilities 2022: $1Net Assets 2022: $14,8962022Assets 2023: $13,426Liabilities 2023: $1Net Assets 2023: $13,4262023Assets 2024: $5,156Liabilities 2024: $0Net Assets 2024: $5,1562024

Highlighted filing

2024

Assets$5,156
Liabilities$0
Net Assets$5,156
Open 2024 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2020: $715,000Expenses 2020: $313,056Net Income 2020: $401,9442020Revenue 2021: $985,000Expenses 2021: $1,349,322Net Income 2021: -$364,3222021Revenue 2022: $17,145Expenses 2022: $39,871Net Income 2022: -$22,7262022Revenue 2023: $1Expenses 2023: $1,470Net Income 2023: -$1,4692023Revenue 2024: $0Expenses 2024: $8,270Net Income 2024: -$8,2702024

Highlighted filing

2024

Revenue$0
Expenses$8,270
Net Income-$8,270
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,156
Liabilities
$0
Net assets
$5,156
Revenue
$0
Expenses
$8,270
Net income
-$8,270
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.00$0.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.02$0.04$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.99$1.35$0.36
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.72$0.31$0.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 23, 2025
Return Version
2024v5.0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEN KAMENSBoard Chairm-$0--
AN NGUYENPresident&Se-$0--
WENDY COUSINBoard MemberPT$0--
EILEEN LEEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Spring Research Foundation
EIN
85-2972641
Phone
6464500408
Address
1121 INDUSTRIAL ROAD STE 500, SAN CARLOS, CA 94070-4106

Signing Officer

Name
Ben Kamens
Title
Board Chairman
Phone
6464500408
Signed
2025-09-23
Discuss with paid preparer
Yes

Preparer

Firm
Stable Rock Services LLC
Address
2 WEST 45TH STREET SUITE 1208, NEW YORK, NY 10036-4241
Preparer
Matthew Citrolo CPA
Phone
2123823939
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