Civic Intelligence

Excite Foundation

990EZ • Fiscal year 2023 • EIN 85-4059911

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 04, 2024

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

63rd percentile

0.00x

Higher debt load relative to assets than 63% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

96th percentile

77%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

88th percentile

68%

Faster asset growth than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

8.3%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$342,188

Up $137,902 (+68%) from 2022

Net Assets

Up

$340,679

Up $137,736 (+68%) from 2022

Liabilities

Up

$1,509

Up $166 (+12%) from 2022

Revenue

Up

$179,402

Up $13,743 (+8.3%) from 2022

Expenses

Up

$41,666

Up $26,120 (+168%) from 2022

Net Income

Down

$137,736

Down $12,377 (-8.2%) from 2022

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

2023

Assets$342,188
Liabilities$1,509
Net Assets$340,679

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

2023

Revenue$179,402
Expenses$41,666
Net Income$137,736
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 4, 2024
Return Version
2023v4.0
Gross Receipts
$179,402
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 THIRD YEAR OF ENROLLMENT OF FIRST GRADE CHILDREN IN THE COLLEGE IN MY FUTURE CHILDREN'S SAVINGS PROGRAM, ADDING 610 CHILDREN. WE ESTABLISHED A NEW RELATIONSHIP WITH A CHILDCARE/PRE-SCHOOL PROVIDER AND ENROLLED 214 LOW-INCOME CHILDREN IN CIMF. IN TOTAL, WE HAVE OVER 2,000 CHILDREN ENROLLED. EACH CHILD IS CREDITED WITH A $50 SEED DEPOSIT IN A COLLEGE SAVINGS ACCOUNT.$48,967$31,370
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRIAN DORCYBoard Chair-$0--
HECTOR ESPINOZADirector-$0--
SURYA TURAGADirector-$0--
VY NGUYENDirector-$0--
JOHN HOGANExec Dir, Treasurer/SecretPT$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
2024-03-04
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: 3,803.

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

Description: information technology. Amount: 6,998. Description: depreciation. Amount: 3,100. Description: insurance. Amount: 576. Description: marketing. Amount: 6,840. Description: calkids grants. Amount: 10,000. Description: fundraising expenses. Amount: 169. Total to form 990-ez, line 16: 27,683.

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

Description: children's savings program software platform. Beg. Of year amount: 4,908. End of year amount: 1,808. Description: prepaid and deferred assets. Beg. Of year amount: 0. End of year amount: 6,000.

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

Description: franklin mckinley participant funds. Beg. Of year amount: 1,343. End of year amount: 1,509.

Raw XML Appendix165 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
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN HOGAN
IRS990EZ/BooksInCareOfDetail/PhoneNum04086668474
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095125
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IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0334380
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossReceiptsAmt0179402
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0340679
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0340679
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRIAN DORCY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HECTOR ESPINOZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SURYA TURAGA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3VY NGUYEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN HOGAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXEC DIR, TREASURER/SECRET
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04908
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07808
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt027683
IRS990EZ/OtherRevenueTotalAmt03803
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 THIRD YEAR OF ENROLLMENT OF FIRST GRADE CHILDREN IN THE COLLEGE IN MY FUTURE CHILDREN'S SAVINGS PROGRAM, ADDING 610 CHILDREN. WE ESTABLISHED A NEW RELATIONSHIP WITH A CHILDCARE/PRE-SCHOOL PROVIDER AND ENROLLED 214 LOW-INCOME CHILDREN IN CIMF. IN TOTAL, WE HAVE OVER 2,000 CHILDREN ENROLLED. EACH CHILD IS CREDITED WITH A $50 SEED DEPOSIT IN A COLLEGE SAVINGS ACCOUNT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt048967
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031370
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt01343
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01509
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt041666
IRS990EZ/TotalProgramServiceExpensesAmt031370
IRS990EZ/TotalRevenueAmt0179402
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.EXCITEFOUNDATION.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0175599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0164001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt057257
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0396857
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03803
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05465
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0262570
IRS990ScheduleA/SubstantialContributorsTotAmt0134287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0175599
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0164001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt057257
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0396857
IRS990ScheduleA/TotalSupportAmt0402322
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: 3,803.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 6,998. DESCRIPTION: DEPRECIATION. AMOUNT: 3,100. DESCRIPTION: INSURANCE. AMOUNT: 576. DESCRIPTION: MARKETING. AMOUNT: 6,840. DESCRIPTION: CALKIDS GRANTS. AMOUNT: 10,000. DESCRIPTION: FUNDRAISING EXPENSES. AMOUNT: 169. TOTAL TO FORM 990-EZ, LINE 16: 27,683.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CHILDREN'S SAVINGS PROGRAM SOFTWARE PLATFORM. BEG. OF YEAR AMOUNT: 4,908. END OF YEAR AMOUNT: 1,808. DESCRIPTION: PREPAID AND DEFERRED ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: FRANKLIN MCKINLEY PARTICIPANT FUNDS. BEG. OF YEAR AMOUNT: 1,343. END OF YEAR AMOUNT: 1,509.
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 II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/SignatureDt02024-03-04
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/ReturnTs02024-03-05T20:41:32-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOGAN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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