Liabilities / Assets
86th percentile
Higher debt load relative to assets than 86% of similar nonprofits.
Volta Foundation Inc
990EZ • Fiscal year 2022 • EIN 87-4707572
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.31x
Liabilities / Revenue
72nd percentile
Higher debt load relative to revenue than 72% of similar nonprofits.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 10.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$26,449
No earlier filing loaded for comparison.
Net Assets
$18,191
No earlier filing loaded for comparison.
Liabilities
$8,258
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$99,870
No earlier filing loaded for comparison.
Expenses
$81,679
No earlier filing loaded for comparison.
Net Income
$18,191
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 10, 2022 to Dec 31, 2022
- Signed
- Nov 15, 2023
- Return Version
- 2022v5.0
- Gross Receipts
- $99,870
Mission and Program Overview
Mission
Volta foundation brings awareness to the battery, energy storage industry and improves business conditions to further clean energy goals. Build community, help build the next generation of talent create resources for the ecosystem including industry, academia, finance and policy.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Host monthly community building events for battery industry professionals. | $0 | $0 |
| Published serveral publications, including weekly industry newsletter, and an annual State of the Industry report. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| YEH YEN | Executive Director | FT | $10,000 | - | $10,000 |
| PHILLIP HEGE | Director | FT | $0 | - | - |
| LINDA JING | Director | FT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Volta Foundation Inc
- EIN
- 87-4707572
- Phone
- 6233329686
- Address
- 1500 GRANVILLE AVE UNIT 307, LOS ANGELES, CA 90025
Signing Officer
- Name
- Yen Yeh
- Title
- Executive Director
- Phone
- 6233329686
- Signed
- 2023-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Asnani CPA
- Address
- 22320 FOOTHILL BLVD STE 300, HAYWARD, CA 94541
- Preparer
- Shamal Asnani
- Phone
- 5105527555
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 8 - Other Revenue
“Description: CREDIT CARD REWARDS. Amount: 1,994.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: ADEVERTISING AND MARKETING . Amount: 408. Description: OFFICE EXPENSES . Amount: 17,480. Description: PAYROLL TAXES . Amount: 1,052. Description: REIMBURSEMENT EXPENSE . Amount: 1,147. Description: SUPPLIES AND MATERIALS . Amount: 153. Description: TRAVEL. Amount: 39,919. Description: VEHICLE EXPENSES . Amount: 349. Description: OTHER BUSINESS EXPENSE . Amount: 84. Description: MEALS. Amount: 4,213. Total to Form 990-EZ, line 16: 64,805.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: CREDIT CARDS. Beg. of Year Amount: 0. End of Year Amount: 8,258.”
Raw XML Appendix125 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PHILLP HEDGE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6233329686 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1500 GRANVILLE AVE UNIT 307 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90025 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 26449 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/CompensationHighestPaidEmplGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990EZ/CompensationHighestPaidEmplGrp/CompensationAmt | 0 | 10000 |
| IRS990EZ/CompensationHighestPaidEmplGrp/EmployeeBenefitsAmt | 0 | 0 |
| IRS990EZ/CompensationHighestPaidEmplGrp/ExpenseAccountAmt | 0 | 0 |
| IRS990EZ/CompensationHighestPaidEmplGrp/PersonNm | 0 | YEN YEH |
| IRS990EZ/CompensationHighestPaidEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 97876 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18191 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 6874 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 26449 |
| IRS990EZ/GrossReceiptsAmt | 0 | 99870 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 18191 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 18191 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 10000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | YEH YEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PHILLIP HEGE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LINDA JING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 64805 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1994 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | VOLTA FOUNDATION BRINGS AWARENESS TO THE BATTERY, ENERGY STORAGE INDUSTRY AND IMPROVES BUSINESS CONDITIONS TO FURTHER CLEAN ENERGY GOALS. BUILD COMMUNITY, HELP BUILD THE NEXT GENERATION OF TALENT CREATE RESOURCES FOR THE ECOSYSTEM INCLUDING INDUSTRY, ACADEMIA, FINANCE AND POLICY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Host monthly community building events for battery industry professionals. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Published serveral publications, including weekly industry newsletter, and an annual State of the Industry report. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 10000 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 8258 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 81679 |
| IRS990EZ/TotalRevenueAmt | 0 | 99870 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | https://www.volta.foundation/ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description: CREDIT CARD REWARDS. Amount: 1,994. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: ADEVERTISING AND MARKETING . Amount: 408. Description: OFFICE EXPENSES . Amount: 17,480. Description: PAYROLL TAXES . Amount: 1,052. Description: REIMBURSEMENT EXPENSE . Amount: 1,147. Description: SUPPLIES AND MATERIALS . Amount: 153. Description: TRAVEL. Amount: 39,919. Description: VEHICLE EXPENSES . Amount: 349. Description: OTHER BUSINESS EXPENSE . Amount: 84. Description: MEALS. Amount: 4,213. Total to Form 990-EZ, line 16: 64,805. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: CREDIT CARDS. Beg. of Year Amount: 0. End of Year Amount: 8,258. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 - Other Revenue |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The 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/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | YEN YEH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6233329686 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VOLTA FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VOLT |
| ReturnHeader/Filer/EIN | 0 | 874707572 |
| ReturnHeader/Filer/PhoneNum | 0 | 6233329686 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1500 GRANVILLE AVE UNIT 307 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOS ANGELES |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90025 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 834436277 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ASNANI CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 22320 FOOTHILL BLVD STE 300 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HAYWARD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94541 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5105527555 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHAMAL ASNANI |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2023-11-15T19:16:10-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | YEN |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | YEH |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-10 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
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.
- Assets
- $26,449
- Liabilities
- $8,258
- Net assets
- $18,191
- Revenue
- $99,870
- Expenses
- $81,679
- Net income
- $18,191
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $0.06 | $0.06 | $0.01 | $1.21 | $1.27 | $0.06 |
| 2023Detailed filing. Detailed filing data is available for this year. | $0.09 | $0.02 | $0.07 | $0.46 | $0.41 | $0.05 |
| 2022Detailed filing. Detailed filing data is available for this year. | $0.03 | $0.01 | $0.02 | $0.10 | $0.08 | $0.02 |