Civic Intelligence

Poon Foundation

990PF • Fiscal year 2020 • EIN 94-3308244

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 15, 2021

3043 San Bruno AveSan Francisco, CA 94134

(415) 221-1072

Siviq Scores

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

Liabilities / Assets

79th percentile

0.12x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

1.65x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Net Margin

67th percentile

17%

Higher net margin than 67% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

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.

2020 filings • <$500k nonprofits • Source year 2020

Asset Growth

43rd percentile

-0.6%

Faster asset growth than 43% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

68th percentile

2.4%

Faster revenue growth than 68% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$303,432

Down $1,712 (-0.6%) from 2019

Net Assets

Down

$267,211

Down $1,713 (-0.6%) from 2019

Liabilities

Up

$36,221

Up $1 (+0.0%) from 2019

Revenue

Up

$22,016

Up $513 (+2.4%) from 2019

Expenses

Up

$18,302

Up $101 (+0.6%) from 2019

Net Income

Up

$3,714

Up $412 (+12%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $316,642Liabilities 2011: $18,7052011Assets 2012: $313,516Liabilities 2012: $18,7052012Assets 2013: $304,471Liabilities 2013: $18,705Net Assets 2013: $285,7662013Assets 2014: $304,082Liabilities 2014: $18,705Net Assets 2014: $285,3772014Assets 2015: $329,979Liabilities 2015: $24,167Net Assets 2015: $305,8122015Assets 2016: $313,289Liabilities 2016: $24,167Net Assets 2016: $289,1222016Assets 2017: $305,435Liabilities 2017: $24,167Net Assets 2017: $281,2682017Assets 2018: $296,921Liabilities 2018: $24,167Net Assets 2018: $272,7542018Assets 2019: $305,144Liabilities 2019: $36,220Net Assets 2019: $268,9242019Assets 2020: $303,432Liabilities 2020: $36,221Net Assets 2020: $267,2112020Assets 2021: $293,396Liabilities 2021: $36,220Net Assets 2021: $257,1762021Assets 2022: $284,764Liabilities 2022: $36,220Net Assets 2022: $248,5442022Assets 2023: $281,065Liabilities 2023: $38,475Net Assets 2023: $242,5902023Assets 2024: $254,312Liabilities 2024: $40,850Net Assets 2024: $213,4622024

Highlighted filing

2020

Assets$303,432
Liabilities$36,221
Net Assets$267,211

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $22,746Expenses 2011: $33,380Net Income 2011: -$10,6342011Revenue 2012: $22,636Expenses 2012: $25,762Net Income 2012: -$3,1262012Revenue 2013: $20,341Expenses 2013: $29,386Net Income 2013: -$9,0452013Revenue 2014: $24,927Expenses 2014: $25,316Net Income 2014: -$3892014Revenue 2015: $116,898Expenses 2015: $16,296Net Income 2015: $100,6022015Revenue 2016: $16,490Expenses 2016: $20,305Net Income 2016: -$3,8152016Revenue 2017: $21,787Expenses 2017: $18,153Net Income 2017: $3,6342017Revenue 2018: $18,766Expenses 2018: $17,238Net Income 2018: $1,5282018Revenue 2019: $21,503Expenses 2019: $18,201Net Income 2019: $3,3022019Revenue 2020: $22,016Expenses 2020: $18,302Net Income 2020: $3,7142020Revenue 2021: $23,293Expenses 2021: $25,379Net Income 2021: -$2,0862021Revenue 2022: $20,647Expenses 2022: $29,279Net Income 2022: -$8,6322022Revenue 2023: $33,158Expenses 2023: $39,112Net Income 2023: -$5,9542023Revenue 2024: $28,469Expenses 2024: $57,597Net Income 2024: -$29,1282024

Highlighted filing

2020

Revenue$22,016
Expenses$18,302
Net Income$3,714
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 15, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDDIE TSANGSecretary-$0--
FLORA POONPresident-$0--
Filing and Contact Details

Filer

Filer Name
Poon Foundation
EIN
94-3308244
Phone
4152211072
Address
3043 SAN BRUNO AVE, SAN FRANCISCO, CA 94134

Signing Officer

Name
Flora Poon
Title
President
Signed
2021-06-15
Discuss with paid preparer
Yes

Preparer

Firm
Samuel Ng CPA
Address
950 Stockton St Suite 403, San Francisco, CA 94108
Preparer
Samuel Ng CPA
Phone
4153927733
Raw XML Appendix319 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1FLORA POON
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt013149
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt012186
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt013101
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt015253
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt011244
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt011244
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt067359
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt013670
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt013149
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt012186
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt013101
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt015253
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt013670
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt013670
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt078603
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt064933
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt061174
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt1418
LandEtcSchedule2/LandEtcGrp/BookValueAmt054700
LandEtcSchedule2/LandEtcGrp/BookValueAmt15447
LandEtcSchedule2/LandEtcGrp/BookValueAmt2104807
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0Buildings
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt1Improvements
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt2Land
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt0115874
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt15865
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt2104807
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Bank Charges
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Meetings
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Rental Expenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt034
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1746
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt23500
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt034
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1746
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt23500
OtherIncomeSchedule2/OtherIncomeDetail/Desc0Rental Income - Noninvestment Property
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt021541
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0725
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0Security Deposit
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt0725
TaxesSchedule/TaxesDetail/Amt030
TaxesSchedule/TaxesDetail/CategoryTxt0Others
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt030
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FLORA POON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POON FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0POON
ReturnHeader/Filer/EIN0943308244
ReturnHeader/Filer/PhoneNum04152211072
ReturnHeader/Filer/USAddress/AddressLine1Txt03043 SAN BRUNO AVE
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094134
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0942699762
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Samuel Ng CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0950 Stockton St Suite 403
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0San Francisco
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094108
ReturnHeader/PreparerPersonGrp/PhoneNum04153927733
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Samuel Ng CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-15T15:02:59-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FLORA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POON
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.54$0.41$2.13$0.28$0.58$0.29
2023Detailed filing. Detailed filing data is available for this year.$2.81$0.38$2.43$0.33$0.39$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.85$0.36$2.49$0.21$0.29$0.09
2021Detailed filing. Detailed filing data is available for this year.$2.93$0.36$2.57$0.23$0.25$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.03$0.36$2.67$0.22$0.18$0.04
2019Detailed filing. Detailed filing data is available for this year.$3.05$0.36$2.69$0.22$0.18$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.97$0.24$2.73$0.19$0.17$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.05$0.24$2.81$0.22$0.18$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.13$0.24$2.89$0.16$0.20$0.04
2015Detailed filing. Detailed filing data is available for this year.$3.30$0.24$3.06$1.17$0.16$1.01
2014Detailed filing. Detailed filing data is available for this year.$3.04$0.19$2.85$0.25$0.25$0.00
2013Detailed filing. Detailed filing data is available for this year.$3.04$0.19$2.86$0.20$0.29$0.09
2012Summary only. Only limited summary data is available for this year.$3.14$0.19$0.23$0.26$0.03
2011Summary only. Only limited summary data is available for this year.$3.17$0.19$0.23$0.33$0.11