Civic Intelligence

The Ada Mae Foundation

990EZ • Fiscal year 2023 • EIN 92-0807398

Jan 01, 2023 to Dec 31, 2023 • Filed on May 09, 2024

Organization ProfileN/A
2450 Lennoxville RoadBeaufort, NC 28516

(252) 504-4100

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.00x

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Net Margin

74th percentile

25%

Higher net margin than 74% of similar nonprofits.

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2023 filings • NTEE A • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets54th percentile

Assets

$24,957

No earlier filing loaded for comparison.

Net Assets

$24,957

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin74th percentile

Revenue

$100,000

No earlier filing loaded for comparison.

Expenses

$75,043

No earlier filing loaded for comparison.

Net Income

$24,957

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.

$100K$50K$0Assets 2023: $24,957Liabilities 2023: $0Net Assets 2023: $24,9572023Assets 2024: $94,931Net Assets 2024: $94,9312024

Highlighted filing

2023

Assets$24,957
Liabilities$0
Net Assets$24,957
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0Revenue 2023: $100,000Expenses 2023: $75,043Net Income 2023: $24,9572023Revenue 2024: $70,000Expenses 2024: $26Net Income 2024: $69,9742024

Highlighted filing

2023

Revenue$100,000
Expenses$75,043
Net Income$24,957
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 9, 2024
Return Version
2023v5.0
Gross Receipts
$100,000
Mission and Program Overview

Mission

To promote maritime educational/scientific opportunities.

To promote maritime-related educational and scientific opportunities to connect people to maritime history and ecoclogy.

Program Services

DescriptionGrantsExpenses
Repair and restoration of the Skipjack Ada Mae. 20% complete.$0$75,025
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles Oliver IIChairman Of The Board-$0--
Filing and Contact Details

Filer

Filer Name
Ada Mae Foundation
EIN
92-0807398
Phone
2525044100
Address
2450 Lennoxville Road, Beaufort, NC 28516

Signing Officer

Name
Charles Oliver II
Title
Chairman of the Board
Phone
2525044100
Signed
2024-05-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24

“Other Assets: 1915 38' Skipjack $20,000”

Raw XML Appendix225 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Assets: 1915 38' Skipjack $20,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part II, Line 24
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Charles Oliver II
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman of the Board
ReturnHeader/BusinessOfficerGrp/PhoneNum02525044100
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ada Mae Foundation
ReturnHeader/Filer/BusinessNameControlTxt0ADAM
ReturnHeader/Filer/EIN0920807398
ReturnHeader/Filer/PhoneNum02525044100
ReturnHeader/Filer/USAddress/AddressLine1Txt02450 Lennoxville Road
ReturnHeader/Filer/USAddress/CityNm0Beaufort
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028516
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02024-05-09T12:10:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Charles Oliver
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0II
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,957
Liabilities
$0
Net assets
$24,957
Revenue
$100,000
Expenses
$75,043
Net income
$24,957
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.95$0.95$0.70$0.00$0.70
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$1.00$0.75$0.25