Civic Intelligence

Aspect Foundation Inc.

990 • Fiscal year 2019 • EIN 94-3040365

Oct 01, 2018 to Sep 30, 2019 • Filed on Jun 09, 2020

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

39th percentile

0.08x

Higher debt load relative to assets than 39% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

47th percentile

0.14x

Higher debt load relative to revenue than 47% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

42nd percentile

0.7%

Higher net margin than 42% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

75th percentile

$195,451

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

48th percentile

2.7%

Faster asset growth than 48% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-0.4%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,727,049

Up $148,351 (+2.7%) from 2018

Net Assets

Up

$5,273,946

Up $113,353 (+2.2%) from 2018

Liabilities

Up

$453,103

Up $34,998 (+8.4%) from 2018

Revenue

Down

$3,163,275

Down $13,817 (-0.4%) from 2018

Expenses

Up

$3,139,762

Up $266,995 (+9.3%) from 2018

Net Income

Down

$23,513

Down $280,812 (-92%) from 2018

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

2019

Assets$5,727,049
Liabilities$453,103
Net Assets$5,273,946

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

2019

Revenue$3,163,275
Expenses$3,139,762
Net Income$23,513
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jun 9, 2020
Return Version
2018v3.1
Gross Receipts
$3,393,997
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$3,791,528$4,386,669▲ $595,141
Cash and Non-Interest-Bearing Accounts$1,396,926$947,643▼ $449,283
Pledges and Grants Receivable$96,417$118,155▲ $21,738
Prepaid Expenses and Deferred Charges$40,895$57,637▲ $16,742
Land, Buildings, and Equipment, Net$60,137$25,276▼ $34,861
Accounts Receivable$17,870$0▼ $17,870
Total Assets$5,578,698$5,727,049▲ $148,351
Other Assets Total$174,925$191,669▲ $16,744
Liabilities
Accounts Payable and Accrued Expenses$355,670$391,461▲ $35,791
Other Liabilities$48,454$56,142▲ $7,688
Deferred Revenue$13,981$5,500▼ $8,481
Total Liabilities$418,105$453,103▲ $34,998
Net Assets / Fund Balance
Unrestricted Net Assets$5,160,593$5,273,946▲ $113,353
Total Net Assets Fund Balance$5,160,593$5,273,946▲ $113,353
Total Liabilities and Net Assets / Fund Balance$5,578,698$5,727,049▲ $148,351

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$20,839$89,382$110,221
Equipment$1,842$43,759$45,601
Other Land Buildings$2,595$25,696$28,291
Investment Program Related Org$2,397,268--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,791,528$505,076▲ $143,904-$4,386,669
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vivian FearenPresidentFT$176,451$19,000$195,451
Victor GuzmanCFO & TreasurerFT$103,705$13,036$116,741
EILEEN O'NEILLSecretaryFT$76,743$10,810$87,553

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$518,213
Program Service Revenue
$2,570,053
Investment Income
$54,064
Other Revenue
$20,945
All Other Contributions
$518,213
Change in Net Assets
$23,513

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,109,436
Revenue Not Reported on Financial Statements
$53,839
Revenue Not Reported on Form 990
$89,840
Total Revenue per Audited Statements
$3,199,276
Total Revenue per Form 990
$3,163,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,989,353
Salaries, Compensation, and Employee Benefits$1,150,409
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$407,865$76,097-$483,962
Current Officers, Directors, Trustees, and Key Employees$295,416$126,608-$422,024
Conferences and Meetings$212,184--$212,184
Advertising$175,891$10,539-$186,430
Insurance$115,382--$115,382
Other Employee Benefits$87,172$24,587-$111,759
Office Expenses$18,754$63,164-$81,918
Occupancy$56,529$15,944-$72,473
Travel$29,269$41,897-$71,166
Payroll Taxes$54,133$15,268-$69,401
Pension Plan Contributions$52,733$10,530-$63,263
Fees for Service Investment Mgmnt Fees-$53,839-$53,839
Fees for Services Other-$43,430-$43,430
Fees for Services Accounting-$38,954-$38,954
Depreciation Depletion-$36,600-$36,600
Other Expenses$119,270$20,690-$20,690
All Other Expenses-$11,051-$11,051
Information Technology$1,500--$1,500
Fees for Services Legal-$224-$224
Total Functional Expenses$2,550,340$589,422$0$3,139,762

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,139,762
Expenses per Audited Statements$3,085,923
Total Expenses per Audited Statements$3,085,923
Expenses Not Reported on Financial Statements$53,839
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
Deferred Rent$7,688
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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 federal form 990 is reviewed by members of the governing body and certain officers prior to filing with the internal revenue service.

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

The board annually reviews the conflict of interest policy and discloses any potential conflict of interest. Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a disclosure statement. As conflicts of interest develop, they are discussed by the governing body in their period meetings. Any possible appearance of conflict of interest that arises in the course of business is researched to determine the existence of a conflict. If after making further investigation, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Part VI, Section B, Line 15

During the compensation review process, comparability data are reviewed and 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
CFO & Treasurer
Phone
4152288050
Signed
2020-06-09
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
20
Volunteers
100

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2022274000
Supplemental Narrative

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 2015 through 2018 tax years remain subject to examination by the internal revenue service. In addition, the 2014 through 2018 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.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020690
IRS990/OtherExpensesGrp/ProgramServicesAmt0681104
IRS990/OtherExpensesGrp/ProgramServicesAmt1243138
IRS990/OtherExpensesGrp/ProgramServicesAmt2119270
IRS990/OtherExpensesGrp/TotalAmt0681104
IRS990/OtherExpensesGrp/TotalAmt1243138
IRS990/OtherExpensesGrp/TotalAmt2119270
IRS990/OtherExpensesGrp/TotalAmt320690
IRS990/OtherLiabilitiesGrp/BOYAmt048454
IRS990/OtherLiabilitiesGrp/EOYAmt056142
IRS990/OtherRevenueMiscGrp/BusinessCd0532000
IRS990/OtherRevenueMiscGrp/BusinessCd1900090
IRS990/OtherRevenueMiscGrp/Desc0SUBLEASE
IRS990/OtherRevenueMiscGrp/Desc1OTHER
IRS990/OtherRevenueMiscGrp/ExclusionAmt020800
IRS990/OtherRevenueMiscGrp/ExclusionAmt1145
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020800
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1145
IRS990/OtherRevenueTotalAmt020945
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt076097
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0407865
IRS990/OtherSalariesAndWagesGrp/TotalAmt0483962
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015268
IRS990/PayrollTaxesGrp/ProgramServicesAmt054133
IRS990/PayrollTaxesGrp/TotalAmt069401
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010530
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt052733
IRS990/PensionPlanContributionsGrp/TotalAmt063263
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt096417
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0118155
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt040895
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt057637
IRS990/PrincipalOfficerNm0VICTOR GUZMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02570053
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02570053
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0472287
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0148197
IRS990/PYOtherExpensesAmt01705578
IRS990/PYOtherRevenueAmt030482
IRS990/PYProgramServiceRevenueAmt02526126
IRS990/PYRevenuesLessExpensesAmt0304325
IRS990/PYSalariesCompEmpBnftPaidAmt01167189
IRS990/PYTotalExpensesAmt02872767
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03177092
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt023513
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt02570053
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0518213
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0472287
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0396232
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0183636
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01570368
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt055586
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt053417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt036028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt042160
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt034395
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0221586
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02570053
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02526125
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02599431
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02481987
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03450275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt013627871
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt055586
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt053417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt036028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt042160
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt034395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0221586
IRS990ScheduleA/InvestmentIncomeCYPct00.01440
IRS990ScheduleA/InvestmentIncomePYPct00.00980
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0145
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01243
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03850
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05238
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98530
IRS990ScheduleA/PublicSupportPY509Pct00.92140
IRS990ScheduleA/PublicSupportTotal509Amt015198239
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03088266
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02998412
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02995663
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02665623
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03450275
IRS990ScheduleA/Total509Grp/TotalAmt015198239
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03143997
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03053072
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03035541
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02707783
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt03484670
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015425063
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt053839
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03791528
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0505076
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04386669
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0143904
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt048572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03608357
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03791528
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0231743
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt039028
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03194004
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03608357
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0453381
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt043494
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02790754
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03194004
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0446744
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt026825
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01487058
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02500000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02790754
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1169479
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt01842
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043759
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045601
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt053839
IRS990ScheduleD/ExpensesSubtotalAmt03085923
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt053839
IRS990ScheduleD/InvestmentExpensesNotIncldAmt053839
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01989401
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12397268
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0SVCF - ASPECT SCHOLARSHIP FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1SVCF - ASPECT OPERATIONAL FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt020839
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt089382
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0110221
IRS990ScheduleD/NetUnrealizedGainsInvstAmt089840
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02595
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025696
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt028291
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt048454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17688
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT SUBTENANT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt089840
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt053839
IRS990ScheduleD/RevenueSubtotalAmt03109436
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 2015 THROUGH 2018 TAX YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. IN ADDITION, THE 2014 THROUGH 2018 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/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025276
IRS990ScheduleD/TotalBookValueProgramRltdAmt04386669
IRS990ScheduleD/TotalExpensesPerForm990Amt03139762
IRS990ScheduleD/TotalLiabilityAmt056142
IRS990ScheduleD/TotalRevenuePerForm990Amt03163275
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03199276
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03085923
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X

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