Civic Intelligence

Poon Foundation

990PF • Fiscal year 2023 • EIN 94-3308244

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 11, 2024

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

84th percentile

0.14x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

1.16x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

24th percentile

-18%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

79th percentile

$540

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

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

Asset Growth

46th percentile

-1.3%

Faster asset growth than 46% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

61%

Faster revenue growth than 83% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$281,065

Down $3,699 (-1.3%) from 2022

Net Assets

Down

$242,590

Down $5,954 (-2.4%) from 2022

Liabilities

Up

$38,475

Up $2,255 (+6.2%) from 2022

Revenue

Up

$33,158

Up $12,511 (+61%) from 2022

Expenses

Up

$39,112

Up $9,833 (+34%) from 2022

Net Income

Up

-$5,954

Up $2,678 (+31%) from 2022

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

2023

Assets$281,065
Liabilities$38,475
Net Assets$242,590

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

2023

Revenue$33,158
Expenses$39,112
Net Income-$5,954
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 11, 2024
Return Version
2023v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDDIE TSANGSecretary-$540-$540
FLORA POONPresident-$540-$540
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
2024-07-11
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 Appendix349 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/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt11441 POWELL ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt21038 POST ST
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3855 Sacramento St
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt4965 CLAY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0San Francisco
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1San Francisco
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2SAN FRANCISCO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm3San Francisco
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm4SAN FRANCISCO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd3CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd4CA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd094108
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd194133
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd294109
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd394108
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd494108
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt013500
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/ExcessDistributionCyovYr1Amt016274
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt021165
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt013670
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt013149
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt012186
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt012186
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt084956
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt020698
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt016274
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt021165
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt013670
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt013149
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt020698
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt020698
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt097142
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt076444
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt076662
LandEtcSchedule2/LandEtcGrp/AccumulatedDepreciationAmt11447
LandEtcSchedule2/LandEtcGrp/BookValueAmt039212
LandEtcSchedule2/LandEtcGrp/BookValueAmt122499
LandEtcSchedule2/LandEtcGrp/BookValueAmt2104807
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt0Buildings
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt1Improvements
LandEtcSchedule2/LandEtcGrp/CategoryOrItemTxt2Land
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt0115874
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt123946
LandEtcSchedule2/LandEtcGrp/CostOrOtherBasisAmt2104807
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Bank Charges
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Meetings
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2Office Supplies & Expenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3Other taxes
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4Rent: Prop Exp
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5Rental Expenses
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt030
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1790
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt28
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt3150
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt43000
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt011616
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt030
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1790
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt28
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3150
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt411616
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt53000
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0725
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0Security Deposit
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt02980
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FLORA POON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-11
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/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02024-07-16T10:46:57-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FLORA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0POON
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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