Civic Intelligence

Wemagic Foundation

990PF • Fiscal year 2020 • EIN 85-4107512

Nov 23, 2020 to Dec 31, 2020 • Filed on Oct 19, 2021

Organization Profile
28437 Christopher LnLos Altos Hills, CA 94022

(650) 862-1632

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2020 filings • <$500k nonprofits • Source year 2020

Liabilities / Revenue

57th percentile

0.00x

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

2020 filings • <$500k nonprofits • Source year 2020

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets57th percentile

Assets

$164,458

No earlier filing loaded for comparison.

Net Assets

$164,458

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin99th percentile

Revenue

$163,504

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$163,504

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2020: $164,458Liabilities 2020: $0Net Assets 2020: $164,4582020Assets 2021: $206,157Liabilities 2021: $0Net Assets 2021: $206,1572021Assets 2022: $113,560Liabilities 2022: $0Net Assets 2022: $113,5602022Assets 2023: $173,736Liabilities 2023: $12023

Highlighted filing

2020

Assets$164,458
Liabilities$0
Net Assets$164,458
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $163,504Expenses 2020: $0Net Income 2020: $163,5042020Revenue 2021: $16,086Expenses 2021: $24,680Net Income 2021: -$8,5942021Revenue 2022: $6,394Expenses 2022: $20,018Net Income 2022: -$13,6242022Revenue 2023: $5,571Expenses 2023: $2,597Net Income 2023: $2,9742023

Highlighted filing

2020

Revenue$163,504
Expenses$0
Net Income$163,504
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Nov 23, 2020 to Dec 31, 2020
Signed
Oct 19, 2021
Return Version
2020v4.0
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Huisheng WangChief Executive Officer-$0--
Yinqing ZhaoDirector-$0--
Filing and Contact Details

Filer

Filer Name
Wemagic Foundation
EIN
85-4107512
In Care Of
% Huisheng Wang
Address
28437 Christopher Ln, Los Altos Hills, CA 94022

Signing Officer

Name
Yinqing Zhao
Title
Director
Signed
2021-10-19
Raw XML Appendix281 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.

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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WEMAGIC FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WEMA
ReturnHeader/Filer/EIN0854107512
ReturnHeader/Filer/ForeignPhoneNum06508621632
ReturnHeader/Filer/InCareOfNm0% Huisheng Wang
ReturnHeader/Filer/USAddress/AddressLine1Txt028437 Christopher Ln
ReturnHeader/Filer/USAddress/CityNm0Los Altos Hills
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094022
ReturnHeader/ReturnTs02021-10-19T13:42:01-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02020-11-23
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$164,458
Liabilities
$0
Net assets
$164,458
Revenue
$163,504
Expenses
$0
Net income
$163,504
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.74$0.00$0.06$0.03$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.06$0.20$0.14
2021Detailed filing. Detailed filing data is available for this year.$2.06$0.00$2.06$0.16$0.25$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$1.64$0.00$1.64