Civic Intelligence

Belola Foundation

990EZ • Fiscal year 2023 • EIN 87-1968766

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 26, 2024

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.

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

Liabilities / Revenue

59th percentile

0.00x

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

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

Net Margin

96th percentile

82%

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

98th percentile

464%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

99th percentile

2858%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Up

$136,334

Up $112,141 (+464%) from 2022

Net Assets

Up

$136,334

Up $112,141 (+464%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$136,437

Up $131,825 (+2858%) from 2022

Expenses

Up

$24,296

Up $8,722 (+56%) from 2022

Net Income

Up

$112,141

Up $123,103 (+1123%) from 2022

Historical Trend

Balance Sheet Trend

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

2023

Assets$136,334
Liabilities$0
Net Assets$136,334

Operations Trend

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

2023

Revenue$136,437
Expenses$24,296
Net Income$112,141
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 26, 2024
Return Version
2023v5.1
Gross Receipts
$136,437
Mission and Program Overview

Mission

AFFORDABLE HOUSING

Program Services

DescriptionGrantsExpenses
PURCHASED REAL ESTATE AND WITH IT PROVIDED AFFORDABLE RENTALS FOR LOW/VERY LOW-INCOME INDIVIDUALS, AS DEFINED BY HUD.$0$13,209
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARIA PRICEPresident & DirectorPT$0--
DAVID PRICEVP, Secretary, Treasurer &PT$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
2024-07-26
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: 585. Total to form 990-ez, line 14: 5,368.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 2,461. Description: other expenses. Amount: 2,907.

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

Description: meetings. Amount: 6,000. Description: insurance. Amount: 1,297. Description: office expense. Amount: 500. Description: property taxes. Amount: 1,788. Description: property management fee. Amount: 565. Description: repairs/maintenance. Amount: 4,041. Description: other rental expenses. Amount: 2,504. Total to form 990-ez, line 16: 16,695.

Raw XML Appendix138 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/BOYAmt024193
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02288
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0128000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0112141
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02233
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt024193
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0136334
IRS990EZ/GrossReceiptsAmt0136437
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt0585
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt0134046
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt024193
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0136334
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt024193
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0136334
IRS990EZ/OccupancyRentUtltsAndMaintAmt05368
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
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/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt016695
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING
IRS990EZ/ProgramServiceRevenueAmt07852
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PURCHASED REAL ESTATE AND WITH IT PROVIDED AFFORDABLE RENTALS FOR LOW/VERY LOW-INCOME INDIVIDUALS, AS DEFINED BY HUD.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013209
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt024296
IRS990EZ/TotalProgramServiceExpensesAmt013209
IRS990EZ/TotalRevenueAmt0136437
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0128000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt051103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0179103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0585
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0345
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0930
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07852
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03601
IRS990ScheduleA/SubstantialContributorsTotAmt0175502
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0128000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt051103
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0179103
IRS990ScheduleA/TotalSupportAmt0180033
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: INTEREST INCOME. AMOUNT: 585. TOTAL TO FORM 990-EZ, LINE 14: 5,368.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 2,461. DESCRIPTION: OTHER EXPENSES. AMOUNT: 2,907.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: MEETINGS. AMOUNT: 6,000. DESCRIPTION: INSURANCE. AMOUNT: 1,297. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 500. DESCRIPTION: PROPERTY TAXES. AMOUNT: 1,788. DESCRIPTION: PROPERTY MANAGEMENT FEE. AMOUNT: 565. DESCRIPTION: REPAIRS/MAINTENANCE. AMOUNT: 4,041. DESCRIPTION: OTHER RENTAL EXPENSES. AMOUNT: 2,504. TOTAL TO FORM 990-EZ, LINE 16: 16,695.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARIA PRICE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06197193520
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-26
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/PreparationDt02024-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARIM HANAFY
ReturnHeader/ReturnTs02024-07-26T11:45:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings