Civic Intelligence

Excite Foundation

990EZ • Fiscal year 2022 • EIN 85-4059911

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 15, 2023

265 Curtner AveSan Jose, CA 95125

(408) 979-5148

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

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

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

Net Margin

97th percentile

91%

Higher net margin than 97% 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

97th percentile

287%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

91st percentile

189%

Faster revenue growth than 91% of similar nonprofits.

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

Assets

Up

$204,286

Up $151,446 (+287%) from 2021

Net Assets

Up

$202,943

Up $150,103 (+284%) from 2021

Liabilities

Up

$1,343

Up $1,343 from 2021

Revenue

Up

$165,659

Up $108,398 (+189%) from 2021

Expenses

Up

$15,546

Up $11,125 (+252%) from 2021

Net Income

Up

$150,113

Up $97,273 (+184%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2020: $1Liabilities 2020: $02020Assets 2021: $52,840Liabilities 2021: $0Net Assets 2021: $52,8402021Assets 2022: $204,286Liabilities 2022: $1,343Net Assets 2022: $202,9432022Assets 2023: $342,188Liabilities 2023: $1,509Net Assets 2023: $340,6792023Assets 2024: $321,972Liabilities 2024: $1,450Net Assets 2024: $320,5222024Assets 2025: $269,738Liabilities 2025: $2,550Net Assets 2025: $267,1882025

Highlighted filing

2022

Assets$204,286
Liabilities$1,343
Net Assets$202,943

Operations Trend

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

$200K$100K$0-$100KRevenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $57,261Expenses 2021: $4,421Net Income 2021: $52,8402021Revenue 2022: $165,659Expenses 2022: $15,546Net Income 2022: $150,1132022Revenue 2023: $179,402Expenses 2023: $41,666Net Income 2023: $137,7362023Revenue 2024: $93,875Expenses 2024: $114,032Net Income 2024: -$20,1572024Revenue 2025: $41,103Expenses 2025: $94,437Net Income 2025: -$53,3342025

Highlighted filing

2022

Revenue$165,659
Expenses$15,546
Net Income$150,113
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 15, 2023
Return Version
2022v4.1
Gross Receipts
$165,659
Mission and Program Overview

Mission

We exist to enhance the lives of people living in the communities served by excite credit union. We do this by primarily focusing on children's savings programs and stand ready to support disaster relief when needed.

Program Services

DescriptionGrantsExpenses
WE COMPLETED THE SECOND YEAR OF ENROLLMENT IN THE COLLEGE IN MY FUTURE CHILDREN'S SAVINGS PROGRAM, ADDING 600 CHILDREN AND BRINGING TOTAL ENROLLMENT TO OVER 1,200. EACH CHILD IS CREDITED WITH A $50 SEED DEPOSIT IN A COLLEGE SAVINGS ACCOUNT.$32,654$14,160
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN DORCYBoard Chair-$0--
HECTOR ESPINOZADirector-$0--
JOHN HOGANExec Dir, Treasurer/SecretaryPT$0--
SURYA TURAGADirector-$0--
VY NGUYENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Excite Foundation
EIN
85-4059911
Phone
4089795148
Address
265 CURTNER AVE, SAN JOSE, CA 95125

Signing Officer

Name
John Hogan
Title
Treasurer
Phone
4086668474
Signed
2023-03-15
Discuss with paid preparer
Yes

Preparer

Firm
Turner Warren Hwang & Conrad Acctcy
Address
100 NORTH FIRST ST STE 202, BURBANK, CA 91502
Preparer
Valentino Creus CPA
Phone
8189549700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: investment income. Amount: 1,658.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: information technology. Amount: 6,519. Description: depreciation. Amount: 3,100. Description: insurance. Amount: 576. Description: fundraising platform transaction fees. Amount: 188. Description: marketing. Amount: 2,123. Total to form 990-ez, line 16: 12,506.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior year adjustment. Amount: -10.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 520. End of year amount: 0. Description: children's savings program software platform. Beg. Of year amount: 8,008. End of year amount: 4,908.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: franklin mckinley participant funds. Beg. Of year amount: 0. End of year amount: 1,343.

Raw XML Appendix164 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN HOGAN
IRS990EZ/BooksInCareOfDetail/PhoneNum04086668474
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0265 CURTNER AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095125
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt044312
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0199378
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0164001
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0150113
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03040
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt052840
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0204286
IRS990EZ/GrossReceiptsAmt0165659
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt052840
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0202943
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt052840
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0202943
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRIAN DORCY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HECTOR ESPINOZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN HOGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SURYA TURAGA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4VY NGUYEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXEC DIR, TREASURER/SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08528
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04908
IRS990EZ/OtherChangesInNetAssetsAmt0-10
IRS990EZ/OtherExpensesTotalAmt012506
IRS990EZ/OtherRevenueTotalAmt01658
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0WE EXIST TO ENHANCE THE LIVES OF PEOPLE LIVING IN THE COMMUNITIES SERVED BY EXCITE CREDIT UNION. WE DO THIS BY PRIMARILY FOCUSING ON CHILDREN'S SAVINGS PROGRAMS AND STAND READY TO SUPPORT DISASTER RELIEF WHEN NEEDED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WE COMPLETED THE SECOND YEAR OF ENROLLMENT IN THE COLLEGE IN MY FUTURE CHILDREN'S SAVINGS PROGRAM, ADDING 600 CHILDREN AND BRINGING TOTAL ENROLLMENT TO OVER 1,200. EACH CHILD IS CREDITED WITH A $50 SEED DEPOSIT IN A COLLEGE SAVINGS ACCOUNT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt032654
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt014160
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01343
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt015546
IRS990EZ/TotalProgramServiceExpensesAmt014160
IRS990EZ/TotalRevenueAmt0165659
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.EXCITEFOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0164001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt057257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0221258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01662
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0123604
IRS990ScheduleA/SubstantialContributorsTotAmt097654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0164001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt057257
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0221258
IRS990ScheduleA/TotalSupportAmt0222920
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: INVESTMENT INCOME. AMOUNT: 1,658.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 6,519. DESCRIPTION: DEPRECIATION. AMOUNT: 3,100. DESCRIPTION: INSURANCE. AMOUNT: 576. DESCRIPTION: FUNDRAISING PLATFORM TRANSACTION FEES. AMOUNT: 188. DESCRIPTION: MARKETING. AMOUNT: 2,123. TOTAL TO FORM 990-EZ, LINE 16: 12,506.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PRIOR YEAR ADJUSTMENT. AMOUNT: -10.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 520. END OF YEAR AMOUNT: 0. DESCRIPTION: CHILDREN'S SAVINGS PROGRAM SOFTWARE PLATFORM. BEG. OF YEAR AMOUNT: 8,008. END OF YEAR AMOUNT: 4,908.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: FRANKLIN MCKINLEY PARTICIPANT FUNDS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,343.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN HOGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04086668474
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCITE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0EXCI
ReturnHeader/Filer/EIN0854059911
ReturnHeader/Filer/PhoneNum04089795148
ReturnHeader/Filer/USAddress/AddressLine1Txt0265 CURTNER AVE
ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095125
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0954083485
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TURNER WARREN HWANG & CONRAD ACCTCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 NORTH FIRST ST STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURBANK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091502
ReturnHeader/PreparerPersonGrp/PhoneNum08189549700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VALENTINO CREUS CPA
ReturnHeader/ReturnTs02023-03-17T15:38:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOGAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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