Civic Intelligence

Belola Foundation

990EZ • Fiscal year 2022 • EIN 87-1968766

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

Organization Profile
1008 W Avenue M14 A-d180Palmdale, CA 93551

(619) 719-3520

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

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

Liabilities / Revenue

58th percentile

0.00x

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

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

Net Margin

3rd percentile

-238%

Higher net margin than 3% 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

9th percentile

-53%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

3rd percentile

-91%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$24,193

Down $27,010 (-53%) from 2021

Net Assets

Down

$24,193

Down $10,962 (-31%) from 2021

Liabilities

Down

$0

Down $16,048 (-100%) from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin3rd percentile

Revenue

Down

$4,612

Down $46,491 (-91%) from 2021

Expenses

Down

$15,574

Down $374 (-2.3%) from 2021

Net Income

Down

-$10,962

Down $46,117 (-131%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$150K$100K$50K$0Assets 2021: $51,203Liabilities 2021: $16,048Net Assets 2021: $35,1552021Assets 2022: $24,193Liabilities 2022: $0Net Assets 2022: $24,1932022Assets 2023: $136,334Liabilities 2023: $0Net Assets 2023: $136,3342023Assets 2024: $134,596Liabilities 2024: $0Net Assets 2024: $134,5962024

Highlighted filing

2022

Assets$24,193
Liabilities$0
Net Assets$24,193
Open 2022 Filing

Operations Trend

Revenue Growth3rd percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $51,103Expenses 2021: $15,948Net Income 2021: $35,1552021Revenue 2022: $4,612Expenses 2022: $15,574Net Income 2022: -$10,9622022Revenue 2023: $136,437Expenses 2023: $24,296Net Income 2023: $112,1412023Revenue 2024: $12,296Expenses 2024: $14,034Net Income 2024: -$1,7382024

Highlighted filing

2022

Revenue$4,612
Expenses$15,574
Net Income-$10,962
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$55,716
Mission and Program Overview

Mission

AFFORDABLE HOUSING

Program Services

DescriptionGrantsExpenses
PROVIDING AFFORDABLE RENTALS FOR LOW/VERY LOW-INCOME INDIVIDUALS, AS DEFINED BY HUD.$0$0
CREATED AN LLC TO SECURE REAL ESTATE AND/OR COMPLETE SITE IMPROVEMENTS TO SUPPORT AFFORDABLE HOUSING DEVELOPMENT.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARIA PRICEPresident & Director-$0--
DAVID PRICEVP, Secretary, Treasurer &-$0--
Filing and Contact Details

Filer

Filer Name
The Belola Foundation
EIN
87-1968766
Phone
6197193520
Address
1008 W AVENUE M14 A-D180, PALMDALE, CA 93551

Signing Officer

Name
Maria Price
Title
President
Phone
6197193520
Signed
2023-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Anderson Law Group Pllc
Address
3225 MCLEOD DRIVE, LAS VEGAS, NV 89121
Preparer
Karim Hanafy
Phone
8889692677
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 345.”

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

“Description: meetings. Amount: 8,400. Description: miscellaneous. Amount: 1,402. Total to form 990-ez, line 16: 9,802.”

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

“Description: publicly traded securities - td ameritrade. Beg. Of year amount: 51,103. End of year amount: 0.”

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

“Description: accounts payable. Beg. Of year amount: 16,048. End of year amount: 0.”

Raw XML Appendix142 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/PersonNm0MARIA PRICE
IRS990EZ/BooksInCareOfDetail/PhoneNum06197193520
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06075 PASEO CARRETA
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CARLSBAD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092009
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0100
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024193
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt051104
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-10962
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02823
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt051203
IRS990EZ/Form990TotalAssetsGrp/EOYAmt024193
IRS990EZ/GainOrLossFromSaleOfAssetsAmt04267
IRS990EZ/GrossReceiptsAmt055716
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt0345
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt035155
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024193
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt035155
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024193
IRS990EZ/OccupancyRentUtltsAndMaintAmt02949
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARIA PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID PRICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VP, SECRETARY, TREASURER &
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt051103
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt09802
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING AFFORDABLE RENTALS FOR LOW/VERY LOW-INCOME INDIVIDUALS, AS DEFINED BY HUD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CREATED AN LLC TO SECURE REAL ESTATE AND/OR COMPLETE SITE IMPROVEMENTS TO SUPPORT AFFORDABLE HOUSING DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt055371
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt016048
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt015574
IRS990EZ/TotalRevenueAmt04612
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS FORMED IN JUNE 2021 AND THEREFORE, 2021 IS A SHORT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt051103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0345
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0345
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01029
IRS990ScheduleA/SubstantialContributorsTotAmt050074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051103
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt051103
IRS990ScheduleA/TotalSupportAmt051448
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 345.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MEETINGS. AMOUNT: 8,400. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,402. TOTAL TO FORM 990-EZ, LINE 16: 9,802.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PUBLICLY TRADED SECURITIES - TD AMERITRADE. BEG. OF YEAR AMOUNT: 51,103. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 16,048. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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/PersonNm0MARIA PRICE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06197193520
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BELOLA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BELO
ReturnHeader/Filer/EIN0871968766
ReturnHeader/Filer/PhoneNum06197193520
ReturnHeader/Filer/USAddress/AddressLine1Txt01008 W AVENUE M14 A-D180
ReturnHeader/Filer/USAddress/CityNm0PALMDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093551
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911956265
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSON LAW GROUP PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03225 MCLEOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAS VEGAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NV
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd089121
ReturnHeader/PreparerPersonGrp/PhoneNum08889692677
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARIM HANAFY
ReturnHeader/ReturnTs02023-05-15T14:51:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARIA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PRICE
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
$24,193
Liabilities
$0
Net assets
$24,193
Revenue
$4,612
Expenses
$15,574
Net income
-$10,962
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.12$0.14$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$1.36$0.24$1.12
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.05$0.16$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.51$0.16$0.35$0.51$0.16$0.35