Civic Intelligence

Aspect Foundation Inc.

990 • Fiscal year 2018 • EIN 94-3040365

Oct 01, 2017 to Sep 30, 2018 • Filed on Apr 24, 2019

250 Columbus Avenue No 200San Francisco, CA 94133

(415) 228-8050

Siviq Scores

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

Liabilities / Assets

38th percentile

0.07x

Higher debt load relative to assets than 38% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

45th percentile

0.13x

Higher debt load relative to revenue than 45% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

66th percentile

9.6%

Higher net margin than 66% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

71st percentile

$180,964

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

64th percentile

5.9%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

31st percentile

-2.6%

Faster revenue growth than 31% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$5,578,698

Up $311,755 (+5.9%) from 2017

Net Assets

Up

$5,160,593

Up $377,532 (+7.9%) from 2017

Liabilities

Down

$418,105

Down $65,777 (-14%) from 2017

Revenue

Down

$3,177,092

Down $83,980 (-2.6%) from 2017

Expenses

Down

$2,872,767

Down $15,913 (-0.6%) from 2017

Net Income

Down

$304,325

Down $68,067 (-18%) from 2017

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,228,279Liabilities 2010: $671,252Net Assets 2010: $557,0272010Assets 2011: $2,040,508Liabilities 2011: $808,686Net Assets 2011: $1,231,8222011Assets 2012: $2,388,682Liabilities 2012: $505,666Net Assets 2012: $1,883,0162012Assets 2013: $3,074,447Liabilities 2013: $644,837Net Assets 2013: $2,429,6102013Assets 2014: $4,361,745Liabilities 2014: $1,044,196Net Assets 2014: $3,317,5492014Assets 2015: $4,877,889Liabilities 2015: $1,020,829Net Assets 2015: $3,857,0602015Assets 2016: $4,537,967Liabilities 2016: $325,659Net Assets 2016: $4,212,3082016Assets 2017: $5,266,943Liabilities 2017: $483,882Net Assets 2017: $4,783,0612017Assets 2018: $5,578,698Liabilities 2018: $418,105Net Assets 2018: $5,160,5932018Assets 2019: $5,727,049Liabilities 2019: $453,103Net Assets 2019: $5,273,9462019Assets 2020: $5,577,605Liabilities 2020: $592,342Net Assets 2020: $4,985,2632020Assets 2021: $7,025,540Liabilities 2021: $438,579Net Assets 2021: $6,586,9612021Assets 2022: $5,874,359Liabilities 2022: $515,891Net Assets 2022: $5,358,4682022Assets 2023: $5,986,201Liabilities 2023: $494,248Net Assets 2023: $5,491,9532023Assets 2024: $6,720,980Liabilities 2024: $440,956Net Assets 2024: $6,280,0242024Assets 2025: $7,301,036Liabilities 2025: $538,512Net Assets 2025: $6,762,5242025

Highlighted filing

2018

Assets$5,578,698
Liabilities$418,105
Net Assets$5,160,593

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $2,058,8022010Expenses 2011: $2,235,9232011Expenses 2012: $2,443,8312012Revenue 2013: $2,990,438Expenses 2013: $2,443,843Net Income 2013: $546,5952013Revenue 2014: $3,228,436Expenses 2014: $2,327,670Net Income 2014: $900,7662014Revenue 2015: $3,484,670Expenses 2015: $2,809,260Net Income 2015: $675,4102015Revenue 2016: $2,845,456Expenses 2016: $2,757,115Net Income 2016: $88,3412016Revenue 2017: $3,261,072Expenses 2017: $2,888,680Net Income 2017: $372,3922017Revenue 2018: $3,177,092Expenses 2018: $2,872,767Net Income 2018: $304,3252018Revenue 2019: $3,163,275Expenses 2019: $3,139,762Net Income 2019: $23,5132019Revenue 2020: $1,188,857Expenses 2020: $1,903,150Net Income 2020: -$714,2932020Revenue 2021: $3,524,658Expenses 2021: $2,061,597Net Income 2021: $1,463,0612021Revenue 2022: $2,872,592Expenses 2022: $2,792,215Net Income 2022: $80,3772022Revenue 2023: $2,044,149Expenses 2023: $2,908,241Net Income 2023: -$864,0922023Revenue 2024: $2,713,935Expenses 2024: $2,822,193Net Income 2024: -$108,2582024Revenue 2025: $2,250,464Expenses 2025: $2,359,852Net Income 2025: -$109,3882025

Highlighted filing

2018

Revenue$3,177,092
Expenses$2,872,767
Net Income$304,325
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Apr 24, 2019
Return Version
2017v2.3
Gross Receipts
$3,177,092
Mission and Program Overview

Mission

To build international goodwill, cross-cultural understanding and a peaceful future through educational and cultural exchange.

To build international goodwill, cross-cultural understanding and a (continued on schedule o) peaceful future through educational and cultural exchange.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,608,357$3,791,528▲ $183,171
Cash and Non-Interest-Bearing Accounts$1,227,769$1,396,926▲ $169,157
Pledges and Grants Receivable$89,905$96,417▲ $6,512
Land, Buildings, and Equipment, Net$96,575$60,137▼ $36,438
Prepaid Expenses and Deferred Charges$61,634$40,895▼ $20,739
Accounts Receivable$7,778$17,870▲ $10,092
Total Assets$5,266,943$5,578,698▲ $311,755
Other Assets Total$174,925$174,925→ $0
Liabilities
Accounts Payable and Accrued Expenses$411,139$355,670▼ $55,469
Other Liabilities$52,131$48,454▼ $3,677
Deferred Revenue$20,612$13,981▼ $6,631
Total Liabilities$483,882$418,105▼ $65,777
Net Assets / Fund Balance
Unrestricted Net Assets$4,783,061$5,160,593▲ $377,532
Total Net Assets Fund Balance$4,783,061$5,160,593▲ $377,532
Total Liabilities and Net Assets / Fund Balance$5,266,943$5,578,698▲ $311,755

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$48,624$61,597$110,221
Equipment$6,524$37,338$43,862
Other Land Buildings$4,989$23,302$28,291
Investment Program Related Org$1,569,836--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,608,357-▲ $231,743-$3,791,528
2016$3,194,004-▲ $453,381-$3,608,357
2015$2,790,754-▲ $446,744-$3,194,004
2014$1,487,058$2,500,000▼ $1,169,479-$2,790,754
2013-$1,500,000▼ $9,645-$1,487,058
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Vivian FearenPresidentFT$180,964$180,964
Victor GuzmanTreasurerFT$108,636$108,636
EILEEN O'NEILLSecretaryFT$90,080$90,080

Board Members and Trustees

NameTitle
Richard LaneChairman of the Board
David HodgesDirector
Sarah MaceachernDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$472,287
Program Service Revenue
$2,526,126
Investment Income
$148,197
Other Revenue
$30,482
All Other Contributions
$472,287
Change in Net Assets
$304,325

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,166,754
Revenue Not Reported on Financial Statements
$10,338
Revenue Not Reported on Form 990
$83,545
Other Revenue Adjustments
$10,338
Total Revenue per Audited Statements
$3,250,299
Total Revenue per Form 990
$3,177,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,705,578
Salaries, Compensation, and Employee Benefits$1,167,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$613,800$173,709-$787,509
Current Officers, Directors, Trustees, and Key Employees$295,930$83,750-$379,680
Advertising$145,733$8,527-$154,260
Insurance$110,217$37,515-$147,732
Conferences and Meetings$141,214--$141,214
Occupancy$69,591$19,628-$89,219
Travel$11,491$55,992-$67,483
Information Technology-$55,240-$55,240
Fees for Service Investment Mgmnt Fees-$48,572-$48,572
Office Expenses$17,655$24,937-$42,592
Depreciation Depletion-$41,826-$41,826
Fees for Services Accounting-$37,077-$37,077
Other Expenses$173,254$18,508-$18,508
All Other Expenses-$5,895-$5,895
Fees for Services Legal-$847-$847
Total Functional Expenses$2,231,674$641,093$0$2,872,767

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,872,767
Expenses per Audited Statements$2,824,195
Total Expenses per Audited Statements$2,824,195
Expenses Not Reported on Financial Statements$48,572
Other Expense Adjustments$48,572
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit Subtenant$48,454
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The tax return is reviewed by members of the governing body and certain officers prior to filing the tax return.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy is communicated to all employees and directors. As conflicts of interest develop, they are discussed by the governing body in their periodic meetings.

Form 990, Part VI, Section B, Line 15

The governing board approves the president's and treasurer's salaries and the president approves the secretary's salary.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are made available to the public upon request as well as posted on various websites that can be accessed directly by the public.

FORM 990, PART VIII, LINES 7A AND 7B:

Gross proceeds and cost basis were not readily available at the time of filing. Thus, the gross proceeds as shown on the return reflects the actual realized gain, not the proceeds, and cost basis is shown as zero.

Filing and Contact Details

Filer

Filer Name
Aspect Foundation Inc
EIN
94-3040365
Phone
4152288050
Address
250 COLUMBUS AVENUE NO 200, SAN FRANCISCO, CA 94133

Signing Officer

Name
Victor Guzman
Title
Treasurer
Phone
4152288050
Signed
2019-04-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Victor Guzman
Formed
1985
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
19
Volunteers
125

Preparer

Firm
Marcum Llp
Address
1 MONTGOMERY STREET SUITE 1700, SAN FRANCISCO, CA 94104
Preparer
Roger Bulosan
Phone
4154326200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Ubi-disallowed fringe benefits -10,338.

Financial Statement Notes

PART V, LINE 4:

To provide scholarships for u.s. Students to study abroad and foreign students to study in the united states.

PART X, LINE 2:

The foundation is a qualified organizations exempt from federal and state income taxes under section 501(c)(3) of the irc and section 23701d of the california revenue and taxation code, respectively. Management evaluated the foundation's tax positions and concluded that the foundation maintained its tax exempt status and had taken no uncertain tax positions that would require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in the consolidated financial statements. The 2014 through 2017 tax years remain subject to examination by the internal revenue service. In addition, the 2013 through 2017 tax years remain subject to examination by the california franchise tax board. However, management is unaware of any pending examinations nor are there any in progress.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Ubi-disallowed fringe benefits 10,338.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Management and support fees 48,572.

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IRS990/OtherLiabilitiesGrp/EOYAmt048454
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/Desc1UBI-DISALLOWED FRINGE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020144
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020144
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt110338
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt010338
IRS990/OtherRevenueTotalAmt030482
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0173709
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0613800
IRS990/OtherSalariesAndWagesGrp/TotalAmt0787509
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt089905
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt096417
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt061634
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt040895
IRS990/PrincipalOfficerNm0VICTOR GUZMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02526126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02526126
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0396232
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0255022
IRS990/PYOtherExpensesAmt01789564
IRS990/PYOtherRevenueAmt010387
IRS990/PYProgramServiceRevenueAmt02599431
IRS990/PYRevenuesLessExpensesAmt0372392
IRS990/PYSalariesCompEmpBnftPaidAmt01099116
IRS990/PYTotalExpensesAmt02888680
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03261072
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0304325
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt02546270
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0472287
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0396232
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0183636
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01052155
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt034516
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029491
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt042160
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt034395
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt011390
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0151952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02526125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02599431
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02481987
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03450275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03217046
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014274864
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034516
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt029491
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt042160
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt034395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011390
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0151952
IRS990ScheduleA/InvestmentIncomeCYPct00.00980
IRS990ScheduleA/InvestmentIncomePYPct00.00760
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt020144
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt010387
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt015922
IRS990ScheduleA/OtherIncome509Grp/TotalAmt046453
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92140
IRS990ScheduleA/PublicSupportPY509Pct00.95380
IRS990ScheduleA/PublicSupportTotal509Amt014305395
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0441756
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0396232
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0183636
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01021624
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0441756
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0396232
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0183636
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01021624
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02998412
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02995663
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02665623
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03450275
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03217046
IRS990ScheduleA/Total509Grp/TotalAmt015327019
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03053072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03035541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02723705
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03484670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03228436
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015525424
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt048572
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03608357
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03791528
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0231743
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt039028
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03194004
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03608357
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0453381
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt043494
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02790754
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03194004
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0446744
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt026825
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01487058
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02500000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02790754
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1169479
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt03297
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01500000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01487058
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-9645
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06524
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037338
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043862
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt048572
IRS990ScheduleD/ExpensesSubtotalAmt02824195
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt02221692
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11569836
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0SVCF - ASPECT SCHOLARSHIP FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1SVCF - ASPECT OPERATIONAL FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048624
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt061597
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0110221
IRS990ScheduleD/NetUnrealizedGainsInvstAmt083545
IRS990ScheduleD/OtherExpensesNotIncludedAmt048572
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04989
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023302
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028291
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT SUBTENANT
IRS990ScheduleD/OtherRevenuesNotIncludedAmt010338
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/RevenueNotReportedAmt083545
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt010338
IRS990ScheduleD/RevenueSubtotalAmt03166754
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE SCHOLARSHIPS FOR U.S. STUDENTS TO STUDY ABROAD AND FOREIGN STUDENTS TO STUDY IN THE UNITED STATES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS A QUALIFIED ORGANIZATIONS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE, RESPECTIVELY. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION MAINTAINED ITS TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE 2014 THROUGH 2017 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE 2013 THROUGH 2017 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD. HOWEVER, MANAGEMENT IS UNAWARE OF ANY PENDING EXAMINATIONS NOR ARE THERE ANY IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2UBI-DISALLOWED FRINGE BENEFITS 10,338.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3MANAGEMENT AND SUPPORT FEES 48,572.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt060137
IRS990ScheduleD/TotalBookValueProgramRltdAmt03791528
IRS990ScheduleD/TotalExpensesPerForm990Amt02872767
IRS990ScheduleD/TotalLiabilityAmt048454
IRS990ScheduleD/TotalRevenuePerForm990Amt03177092
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03250299
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02824195
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.30$0.54$6.76$2.25$2.36$0.11
2024Detailed filing. Detailed filing data is available for this year.$6.72$0.44$6.28$2.71$2.82$0.11
2023Detailed filing. Detailed filing data is available for this year.$5.99$0.49$5.49$2.04$2.91$0.86
2022Detailed filing. Detailed filing data is available for this year.$5.87$0.52$5.36$2.87$2.79$0.08
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.03$0.44$6.59$3.52$2.06$1.46
2020Detailed filing. Detailed filing data is available for this year.$5.58$0.59$4.99$1.19$1.90$0.71
2019Detailed filing. Detailed filing data is available for this year.$5.73$0.45$5.27$3.16$3.14$0.02
2018Detailed filing. Detailed filing data is available for this year.$5.58$0.42$5.16$3.18$2.87$0.30
2017Detailed filing. Detailed filing data is available for this year.$5.27$0.48$4.78$3.26$2.89$0.37
2016Detailed filing. Detailed filing data is available for this year.$4.54$0.33$4.21$2.85$2.76$0.09
2015Detailed filing. Detailed filing data is available for this year.$4.88$1.02$3.86$3.48$2.81$0.68
2014Detailed filing. Detailed filing data is available for this year.$4.36$1.04$3.32$3.23$2.33$0.90
2013Summary only. Only limited summary data is available for this year.$3.07$0.64$2.43$2.99$2.44$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.51$1.88$2.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.81$1.23$2.24
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.67$0.56$2.06