Civic Intelligence

Wise Zhao Funds

990 • Fiscal year 2022 • EIN 92-0609921

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 29, 2023

Organization ProfileNA
5201 Berwick LnParker, TX 75002

(469) 216-8889

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

17th percentile

0.00x

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets17th percentile

Assets

$1,000,029

No earlier filing loaded for comparison.

Net Assets

$1,000,029

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin99th percentile

Revenue

$1,000,029

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$1,000,029

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.

$1.5M$1.0M$500K$0Assets 2022: $1,000,029Liabilities 2022: $0Net Assets 2022: $1,000,0292022Assets 2023: $964,549Liabilities 2023: $0Net Assets 2023: $964,5492023Assets 2024: $1,119,517Liabilities 2024: $0Net Assets 2024: $1,119,5172024

Highlighted filing

2022

Assets$1,000,029
Liabilities$0
Net Assets$1,000,029
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2022: $1,000,029Expenses 2022: $0Net Income 2022: $1,000,0292022Revenue 2023: $0Expenses 2023: $35,480Net Income 2023: -$35,4802023Revenue 2024: $174,288Expenses 2024: $19,320Net Income 2024: $154,9682024

Highlighted filing

2022

Revenue$1,000,029
Expenses$0
Net Income$1,000,029
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 29, 2023
Return Version
2022v5.0
Gross Receipts
$1,000,029
Mission and Program Overview

Mission

To help the development of culture, fitness and leisure in rural areas near dallas, to promote education and cultural exchanges in rural areas of china and the united states, to help people in rural areas of jiaozuo, henan, china, to exchange education on humanities, democracy, and universal value

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1,000,029-
Total Assets$0$1,000,029▲ $1,000,029
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$1,000,029-
Total Net Assets Fund Balance$0$1,000,029▲ $1,000,029
Total Liabilities and Net Assets / Fund Balance$0$1,000,029▲ $1,000,029
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Shuangcheng ZhaoPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$1,000,000
Program Service Revenue
$0
Investment Income
$29
Other Revenue
$0
All Other Contributions
$1,000,000
Change in Net Assets
$1,000,029
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Wise Zhao Funds
EIN
92-0609921
Phone
4692168889
Address
5201 BERWICK LN, PARKER, TX 75002

Signing Officer

Name
Shuangcheng Zhao
Title
President
Phone
4692168889
Signed
2023-06-29

Organization Details

Principal Officer
Jinxiang Feng
Formed
2022
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
M J Chau & Associates Pllc
Address
5454 SURREY PATH STE 107, FRISCO, TX 75034
Preparer
Melody Chau
Phone
9724277711
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To help the development of culture, fitness and leisure in rural areas near dallas, to promote education and cultural exchanges in rural areas of china and the united states, to help people in rural areas of jiaozuo, henan, china, to exchange education on humanities, democracy, and universal value”

Raw XML Appendix219 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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IRS990/AllOtherContributionsAmt01000000
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IRS990/GrossReceiptsAmt01000029
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IRS990/IndependentVotingMemberCnt03
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt029
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt029
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO HELP THE DEVELOPMENT OF CULTURE, FITNESS AND LEISURE IN RURAL AREAS NEAR DALLAS, TO PROMOTE EDUCATION AND CULTURAL EXCHANGES IN RURAL AREAS OF CHINA AND THE UNITED STATES, TO HELP PEOPLE IN RURAL AREAS OF JIAOZUO, HENAN, CHINA, TO EXCHANGE EDUCATION ON HUMANITIES, DEMOCRACY, AND UNIVERSAL VALUE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt01000029
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01000029
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
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IRS990/PrincipalOfficerNm0JINXIANG FENG
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IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01000000
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt029
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportTotal509Amt01000029
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01000029
IRS990ScheduleA/Total509Grp/TotalAmt01000029
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01000029
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01000029
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
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO HELP THE DEVELOPMENT OF CULTURE, FITNESS AND LEISURE IN RURAL AREAS NEAR DALLAS, TO PROMOTE EDUCATION AND CULTURAL EXCHANGES IN RURAL AREAS OF CHINA AND THE UNITED STATES, TO HELP PEOPLE IN RURAL AREAS OF JIAOZUO, HENAN, CHINA, TO EXCHANGE EDUCATION ON HUMANITIES, DEMOCRACY, AND UNIVERSAL VALUE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SHUANGCHENG ZHAO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04692168889
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WISE ZHAO FUNDS
ReturnHeader/Filer/BusinessNameControlTxt0WISE
ReturnHeader/Filer/EIN0920609921
ReturnHeader/Filer/PhoneNum04692168889
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ReturnHeader/Filer/USAddress/CityNm0PARKER
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261567284
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M J CHAU & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05454 SURREY PATH STE 107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRISCO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075034
ReturnHeader/PreparerPersonGrp/PhoneNum09724277711
ReturnHeader/PreparerPersonGrp/PreparationDt02023-07-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELODY CHAU
ReturnHeader/ReturnTs02023-07-02T21:19:29-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHUANGCHENG
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ZHAO
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,000,029
Liabilities
$0
Net assets
$1,000,029
Revenue
$1,000,029
Expenses
$0
Net income
$1,000,029
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.17$0.02$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.00$0.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$1.00$0.00$1.00