Civic Intelligence

Foundation for Life & Art

EIN 92-1479328 • 501(c)3 • Chester Springs, PA

990-N CoverageNTEE A25

Profile

The purpose of the foundation is to help small startups in the healthcare and life sciences community.

4405 Lobella CTChester Springs, PA 19425

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

NTEE A25 • <$500k nonprofits • Source year 2023

Asset Growth

48th percentile

1.1%

Faster asset growth than 48% of similar nonprofits.

NTEE A25 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-99%

Faster revenue growth than 4% of similar nonprofits.

NTEE A25 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$91,003

Up $1,003 (+1.1%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$91,003

Up $1,003 (+1.1%) from 2022

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$1,003

Down $88,997 (-99%) from 2022

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth48th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2022: $90,000Liabilities 2022: $0Net Assets 2022: $90,0002022Assets 2023: $91,003Net Assets 2023: $91,0032023

Highlighted filing

2023

Assets$91,003
Liabilities-
Net Assets$91,003
Open 2023 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0Revenue 2022: $90,0002022Revenue 2023: $1,0032023

Highlighted filing

2023

Revenue$1,003
Expenses-
Net Income-
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$91,003
Liabilities
-
Net assets
$91,003
Revenue
$1,003
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$91.0$91.0$1.00
2022Detailed filing. Detailed filing data is available for this year.$90.0$0.00$90.0$90.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.0
Gross Receipts
$1,003
Mission and Program Overview

Mission

The purpose of the foundation is to help small startups in the healthcare and life sciences community.

Program Services

DescriptionGrantsExpenses
N/A--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NITIN KHANNAPresident-$0--
Filing and Contact Details

Filer

Filer Name
Foundation for Life & Art
EIN
92-1479328
Phone
2153962950
Address
4405 LOBELLA CT, CHESTER SPRINGS, PA 19425

Signing Officer

Name
Nitin Khanna
Title
President
Phone
2672502203
Signed
2024-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Martin M Sacks & Associates
Address
4775 LINGLESTOWN RD STE 100, HARRISBURG, PA 17112
Preparer
Vivian a Young CPA
Phone
7176571300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

“The purpose of the foundation is to help small startups in the healthcare and life sciences community.”

Raw XML Appendix98 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0NITIN KHANNA
IRS990EZ/BooksInCareOfDetail/PhoneNum02153962950
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04405 LOBELLA COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CHESTER SPRINGS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019425
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt090000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt091003
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01003
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt090000
IRS990EZ/Form990TotalAssetsGrp/EOYAmt091003
IRS990EZ/GrossReceiptsAmt01003
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt03
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt090000
IRS990EZ/NetAssetsOrFundBalancesEOYAmt091003
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt090000
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt091003
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NITIN KHANNA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE FOUNDATION IS TO HELP SMALL STARTUPS IN THE HEALTHCARE AND LIFE SCIENCES COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0N/A
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalRevenueAmt01003
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt090000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt091000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt02820
IRS990ScheduleA/SubstantialContributorsTotAmt088180
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt090000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt091000
IRS990ScheduleA/TotalSupportAmt091003
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE OF THE FOUNDATION IS TO HELP SMALL STARTUPS IN THE HEALTHCARE AND LIFE SCIENCES COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NITIN KHANNA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02672502203
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR LIFE & ART
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0921479328
ReturnHeader/Filer/PhoneNum02153962950
ReturnHeader/Filer/USAddress/AddressLine1Txt04405 LOBELLA CT
ReturnHeader/Filer/USAddress/CityNm0CHESTER SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019425
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0231979781
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARTIN M SACKS & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04775 LINGLESTOWN RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARRISBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017112
ReturnHeader/PreparerPersonGrp/PhoneNum07176571300
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VIVIAN A YOUNG CPA
ReturnHeader/ReturnTs02024-11-13T08:15:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.