Civic Intelligence

Laugh IT Out Foundation

990PF • Fiscal year 2022 • EIN 87-2678094

Jan 01, 2022 to Dec 31, 2022 • Filed on May 16, 2023

Organization Profile
1654 Miramonte AveMountain View, CA 94040

(650) 518-6187

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

2022 filings • <$500k nonprofits • Source year 2022

Liabilities / Revenue

59th percentile

0.00x

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

2022 filings • <$500k nonprofits • Source year 2022

Net Margin

97th percentile

98%

Higher net margin than 97% of similar nonprofits.

2022 filings • <$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 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$6,890

Up $6,890 from 2021

Net Assets

Up

$6,890

Up $6,890 from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin97th percentile

Revenue

Up

$7,242

Up $7,242 from 2021

Expenses

Up

$125

Up $125 from 2021

Net Income

Up

$7,117

Up $7,117 from 2021

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $6,890Liabilities 2022: $0Net Assets 2022: $6,8902022

Highlighted filing

2022

Assets$6,890
Liabilities$0
Net Assets$6,890
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$8.0K$6.0K$4.0K$2.0K$0Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $7,242Expenses 2022: $125Net Income 2022: $7,1172022

Highlighted filing

2022

Revenue$7,242
Expenses$125
Net Income$7,117
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 16, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENISE LEEChief Executive-$0--
SHAYNEE S SHERWOODChief Financial-$0--
Filing and Contact Details

Filer

Filer Name
Laugh It Out Foundation
EIN
87-2678094
In Care Of
% Yixin Wang
Phone
6505186187
Address
1654 Miramonte Ave, Mountain View, CA 94040

Signing Officer

Name
Yixin Wang
Title
Director
Phone
6505186187
Signed
2023-05-16
Raw XML Appendix202 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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IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt00
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IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt00
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt00
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt00
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0Chief Executive
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
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IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
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IRS990PF/StatementsRegardingActyGrp/Form990TFiledInd0true
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0Mountain View
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0CA
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IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0CA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0Yixin Wang
IRS990PF/StatementsRegardingActyGrp/PhoneNum06505186187
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0true
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IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0true
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0https://laughitouthub.org
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0Educational comedy books for curriculum development Payment to comedy educators Educational
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt0657
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IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YIXIN WANG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum06505186187
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Laugh It Out Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LAUG
ReturnHeader/Filer/EIN0872678094
ReturnHeader/Filer/InCareOfNm0% Yixin Wang
ReturnHeader/Filer/PhoneNum06505186187
ReturnHeader/Filer/USAddress/AddressLine1Txt01654 Miramonte Ave
ReturnHeader/Filer/USAddress/CityNm0Mountain View
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094040
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02023-05-16T02:00:06-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0YIXIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WANG
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 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,890
Liabilities
$0
Net assets
$6,890
Revenue
$7,242
Expenses
$125
Net income
$7,117
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$6,890$0$6,890$7,242$125$7,117
2021Detailed filing. Detailed filing data is available for this year.$0$0$0$0$0$0