Asgard Fencers FY2021 filing

Tax-deductible

San Jose, CA501(c)(3)Recreation & SportsEIN 94-2879267Revenue $727K in FY2021

On file with the IRSfencing.com1329 Blossom Hill Rd, 95118-3801 · San Jose, CATax-exempt since Nov 2022Publicly supported — 509(a)(2)

Tell your story. Claim this org

Developing the art and sport of fencing at the local, regional, national and international levels.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$161K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $45K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$161K
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 7 voting members
Looks good: 4 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$727K
+74% vs prior year
Spent
$657K
To programs
84%
Net assets
$212K
By yearFY2020–FY2024
Revenue
$727K
FY2021▲ +74%
Tap a bar for its year
Revenue by fiscal year
FY2020$417K
FY2021$727K
FY2022$558K
FY2023$675K
FY2024$708K
Expenses
$657K
FY2021▲ +56%
Tap a bar for its year
Expenses by fiscal year
FY2020$422K
FY2021$657K
FY2022$663K
FY2023$670K
FY2024$896K
Net assets
$212K
FY2021▲ +50%
Tap a bar for its year
Net assets by fiscal year
FY2020$141K
FY2021$212K
FY2022$106K
FY2023$111K
FY2024−$77K

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2018-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Nov 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $553K Management & general 16% · $104K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

7 people listed on the 990; $161K paid to officers and key staff.

Part VII, Section A · reportable compensation
$87,602Pt VII · Sec A
Treasurer & Coach
$45,070Pt VII · Sec A
Director
$24,577Pt VII · Sec A
Director & Coach
$3,468Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A

Walbert Mendoza’s $109K as Coach is at the 94th percentile of top reported officer pay among 1017 $100K–1M recreation & sports nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Walbert Mendoza$108,788————
Michael C Botenhagen$89,559$82,432$42,037$45,070$49,390
Sandeep Tiwari——$41,070$87,602$65,276
Phil Mann———$24,577—
Connie Yu——$4,345$3,468$6,249

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Asgard Fencers executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Promotes and develops fencing at all levels, from local to international.

Questions for Asgard Fencers

Tap to ask. Asgard Fencers sees how many people are interested.

Your first name shows with your question. Asgard Fencers answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $553K · in their own filed words · FY2021
01

Our goal is to grow well-rounded students. Mastery in fencing is as much about emotional prowess and resilience as it is about technique and physical skill. We are a three-weapons club; with epee, saber, and foil. We teach fun, combat, and winning; you learn life & team skills, emotional mastery, and fencing.

$553Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$727K
Ln 12
Fees for servicesLn 2g$712K
Gifts and grantsLn 1h$80K
Money outPt IX
$657K
Ln 25
Programscol B$553K
Managementcol C$104K
Owns and owesPt X
$212K
net assets · Ln 32
Cash and savingsLn 1–2$87K
Total assetsLn 16$212K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A4
Voting boardVI 1a7
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$80K
Government grantsLn 1e$71K
Fundraising eventsLn 1c$9K
Fees for servicesLn 2g$712K
Total revenueLn 12$727K
Assets in detailPt X, end of year
CashLn 1$87K
Cash and savings togetherLn 1–2$87K
Land, buildings, equipmentLn 10c$34K
Total assetsLn 16$212K
LiabilitiesLn 26$0
Net assetsLn 32$212K
OperationsPt I, VI
EmployeesI 513
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$76K$87K
Land, buildings, equipmentLn 10c$41K$34K
Total assetsLn 16$212K$212K
LiabilitiesLn 26$71K$0
Net assetsLn 32$141K$212K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$172K$135K$38K
Other salaries and wagesLn 7$170K$158K$12K
Other employee benefitsLn 9$73K$61K$13K
Payroll taxesLn 10$33K$28K$5K
Other fees for servicesLn 11g$9K$9K
Advertising and promotionLn 12$18K$15K$3K
Office expensesLn 13$31K$26K$5K
OccupancyLn 16$117K$100K$18K
TravelLn 17$19K$16K$3K
Depreciation, depletion and amortizationLn 22$7K$7K
Other expenses (24a–d)Ln 24$8K$6K$2K
Total functional expensesLn 25$657K$553K$104K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $708K$896K−$188K−$77K 990 PDF
FY2023 $675K$670K$5K$111K 990 PDF
FY2022 $558K$663K−$105K$106K 990 PDF
FY2021 Viewing $727K$657K$71K$212K 990 PDF
FY2020 $417K$422K−$5K$141K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $727,497 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $19,636$80,008
I-9 Program service revenuePrior year $401,199$712,418
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year −$3,890−$64,929
I-12 Total revenuePrior year $416,945$727,497
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $319,973$449,073
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $101,715$207,812
I-18 Total expensesPrior year $421,688$656,885
I-19 Revenue less expensesPrior year −$4,743$70,612
Part VI · Governance 4 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $727,497 across 6 lines filed
Lines not itemized here account for $5,138 of total revenue; see the IRS return.
VIII-1c Fundraising events$8,663
VIII-1e Government grants$71,345
VIII-1h Total contributions, gifts and grants$80,008
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $712,418$712,418
VIII-8 Net income from fundraising eventsExcluded from tax −$70,067−$70,067
VIII-12 Total revenueRelated to mission $712,418 · Unrelated business $0 · Excluded from tax −$64,929$727,497
Part IX · Statement of functional expenses $656,885 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $134,650 · Management $37,717$172,367
IX-7 Other salaries and wagesPrograms $158,402 · Management $11,941$170,343
IX-9 Other employee benefitsPrograms $60,655 · Management $12,760$73,415
IX-10 Payroll taxesPrograms $28,006 · Management $4,942$32,948
IX-11g Other fees for servicesPrograms $8,579$8,579
IX-12 Advertising and promotionPrograms $15,355 · Management $2,710$18,065
IX-13 Office expensesPrograms $26,114 · Management $4,609$30,723
IX-16 OccupancyPrograms $99,567 · Management $17,571$117,138
IX-17 TravelPrograms $15,813 · Management $2,790$18,603
IX-22 Depreciation, depletion and amortizationManagement $6,746$6,746
IX-24 Other expenses (24a–d)Programs $6,155 · Management $1,803$7,958
IX-25 Total functional expensesPrograms $553,296 · Management $103,589 · Fundraising $0$656,885
Part X · Balance sheet $211,606 assets, 7 lines filed
Asset lines not itemized here account for $90,037; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $75,875$87,309
X-10c Land, buildings and equipment, netStart of year $41,006$34,260
X-16 Total assetsStart of year $212,339$211,606
X-26 Total liabilitiesStart of year $71,345$0
X-27 Net assets without donor restrictionsStart of year $140,994$211,606
X-32 Total net assets or fund balancesStart of year $140,994$211,606
X-33 Total liabilities and net assetsStart of year $212,339$211,606
Part XI · Reconciliation of net assets $211,606 net assets at year end
XI-1 Total revenue$727,497
XI-2 Total expenses$656,885
XI-3 Revenue less expenses$70,612
XI-4 Net assets at start of year$140,994
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$211,606

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.