Civic Intelligence

Business Impact Network Inc

990 • Fiscal year 2016 • EIN 02-0637117

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

404 Fifth Avenue 3rd FLNew York, NY 10018

(347) 934-6600

Siviq Scores

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

Liabilities / Assets

87th percentile

0.40x

Higher debt load relative to assets than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

7.11x

Higher debt load relative to revenue than 99% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-1504%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$173,200

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 643.5% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

9th percentile

-50%

Faster asset growth than 9% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-96%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$484,068

Down $490,659 (-50%) from 2015

Net Assets

Down

$292,779

Down $404,916 (-58%) from 2015

Liabilities

Down

$191,289

Down $85,743 (-31%) from 2015

Revenue

Down

$26,914

Down $590,772 (-96%) from 2015

Expenses

Down

$431,830

Down $100,313 (-19%) from 2015

Net Income

Down

-$404,916

Down $490,459 (-573%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $837,001Liabilities 2010: $408,589Net Assets 2010: $428,4122010Assets 2011: $748,454Liabilities 2011: $342,462Net Assets 2011: $405,9922011Assets 2012: $747,374Liabilities 2012: $307,088Net Assets 2012: $440,2862012Assets 2013: $797,856Liabilities 2013: $230,143Net Assets 2013: $567,7132013Assets 2014: $982,518Liabilities 2014: $370,366Net Assets 2014: $612,1522014Assets 2015: $974,727Liabilities 2015: $277,032Net Assets 2015: $697,6952015Assets 2016: $484,068Liabilities 2016: $191,289Net Assets 2016: $292,7792016Assets 2017: $483,453Liabilities 2017: $24,568Net Assets 2017: $458,8852017Assets 2018: $561,899Liabilities 2018: $39,995Net Assets 2018: $521,9042018Assets 2019: $340,261Liabilities 2019: $21,120Net Assets 2019: $319,1412019Assets 2020: $28,076Liabilities 2020: $39,777Net Assets 2020: -$11,7012020Assets 2021: $0Net Assets 2021: $02021

Highlighted filing

2016

Assets$484,068
Liabilities$191,289
Net Assets$292,779

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $580,1702010Expenses 2011: $503,7122011Expenses 2012: $486,8912012Revenue 2013: $632,203Expenses 2013: $504,776Net Income 2013: $127,4272013Revenue 2014: $534,370Expenses 2014: $489,931Net Income 2014: $44,4392014Revenue 2015: $617,686Expenses 2015: $532,143Net Income 2015: $85,5432015Revenue 2016: $26,914Expenses 2016: $431,830Net Income 2016: -$404,9162016Revenue 2017: $793,414Expenses 2017: $627,308Net Income 2017: $166,1062017Revenue 2018: $598,160Expenses 2018: $535,141Net Income 2018: $63,0192018Revenue 2019: $347,491Expenses 2019: $550,254Net Income 2019: -$202,7632019Revenue 2020: $53,085Expenses 2020: $303,428Net Income 2020: -$250,3432020Revenue 2021: $32,401Expenses 2021: $51,760Net Income 2021: -$19,3592021

Highlighted filing

2016

Revenue$26,914
Expenses$431,830
Net Income-$404,916
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$26,914
Mission and Program Overview

Mission

See schedule oexceed network is a business advisory firm which offers advice and resources to small business owners. We deliver innovative and strategic guidance to companies at all levels: start-ups, growth, and turnaround. Exceed network utilizes a deep pool of volunteer industry experts to offer our members educational seminars, advisory meetings, networking opportunities. Exceed network is an sba micro-lender.

To provide business advice to three types of businesses: growth, start-up and distressed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$541,024$213,654▼ $327,370
Pledges and Grants Receivable$338,283$163,964▼ $174,319
Other Notes and Loans Receivable, Net$85,235$92,277▲ $7,042
Prepaid Expenses and Deferred Charges$10,185$14,173▲ $3,988
Total Assets$974,727$484,068▼ $490,659
Liabilities
Unsecured Notes Loans Payable$223,409$150,836▼ $72,573
Accounts Payable and Accrued Expenses$53,623$40,453▼ $13,170
Total Liabilities$277,032$191,289▼ $85,743
Net Assets / Fund Balance
Unrestricted Net Assets$697,695$292,779▼ $404,916
Total Net Assets Fund Balance$697,695$292,779▼ $404,916
Total Liabilities and Net Assets / Fund Balance$974,727$484,068▼ $490,659
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Irwin DayanExecutive DirectorFT$156,326$16,874$173,200

Board Members and Trustees

NameTitle
Mark AdjmiPresident
Kim DabahVice President
Alan JemalDirector
Allan LevyDirector
Allen AshkenazieDirector
Gary D HerwitzDirector
Harry TawilDirector
Yvette SuttonDirector
Rafael ChemtobSecretary
Sol WahbaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$23,409
Program Service Revenue
$0
Investment Income
$3,505
Other Revenue
$0
All Other Contributions
$23,409
Change in Net Assets
$-404,916
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$295,318
Other Expenses$136,512
Total Fundraising Expense$43,815
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$103,920$69,280-$173,200
Other Salaries and Wages$62,506$8,385$33,285$104,176
Conferences and Meetings-$44,503-$44,503
Occupancy$15,941$7,440$3,188$26,569
Payroll Taxes$10,457$4,849$2,122$17,428
Information Technology$14,617--$14,617
Office Expenses-$8,976$5,189$14,165
Fees for Services Accounting-$14,000-$14,000
Advertising$11,203--$11,203
Fees for Services Other-$6,899-$6,899
Interest-$1,745-$1,745
Other Expenses-$1,741-$1,741
Fees for Services Legal-$750-$750
Other Employee Benefits$308$175$31$514
Insurance-$320-$320
Total Functional Expenses$218,952$169,063$43,815$431,830
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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 form 990 is reviewed by the executive director, the treasurer and two board members. It is then provided to the full board of directors for review. Any questions are discussed and resolved prior to filing with the irs.

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

Exceed network regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring board members to disclose their professional affiliations. Any conflicts must be reported to the board and the individual recuses himself from the voting process relating to the conflict.

Form 990, Part VI, Section C, Line 19

Upon board approval, the documents will be furnished to individuals who request it.

Filing and Contact Details

Filer

Filer Name
Exceed Network
EIN
02-0637117
Phone
3479346600
Address
404 FIFTH AVENUE 3RD FL, NEW YORK, NY 10018

Signing Officer

Name
Irwin Dayan
Title
Executive Director
Phone
3479346600
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Irwin Dayan
Formed
2003
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
9
Volunteers
40

Preparer

Firm
Loeb & Troper Llp
Address
655 THIRD AVENUE 12TH FLOOR, NEW YORK, NY 10017
Preparer
Aaron Shapiro
Phone
2128674000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Raw XML AppendixShowing 400 of 422 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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/MissionDesc0SEE SCHEDULE OEXCEED NETWORK IS A BUSINESS ADVISORY FIRM WHICH OFFERS ADVICE AND RESOURCES TO SMALL BUSINESS OWNERS. WE DELIVER INNOVATIVE AND STRATEGIC GUIDANCE TO COMPANIES AT ALL LEVELS: START-UPS, GROWTH, AND TURNAROUND. EXCEED NETWORK UTILIZES A DEEP POOL OF VOLUNTEER INDUSTRY EXPERTS TO OFFER OUR MEMBERS EDUCATIONAL SEMINARS, ADVISORY MEETINGS, NETWORKING OPPORTUNITIES. EXCEED NETWORK IS AN SBA MICRO-LENDER.
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt023409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0613124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0530773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0627945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0513131
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02308382
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07774
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt023696
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94880
IRS990ScheduleA/PublicSupportPY170Pct00.95980
IRS990ScheduleA/PublicSupportTotal170Amt02212666
IRS990ScheduleA/SubstantialContributorsTotAmt095716
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt023409
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0613124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0530773
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0627945
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0513131
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02308382
IRS990ScheduleA/TotalSupportAmt02332078
IRS990/ScheduleBRequiredInd00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0156326
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt016874
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0IRWIN DAYAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0173200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THE TREASURER AND TWO BOARD MEMBERS. IT IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS FOR REVIEW. ANY QUESTIONS ARE DISCUSSED AND RESOLVED PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXCEED NETWORK REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING BOARD MEMBERS TO DISCLOSE THEIR PROFESSIONAL AFFILIATIONS. ANY CONFLICTS MUST BE REPORTED TO THE BOARD AND THE INDIVIDUAL RECUSES HIMSELF FROM THE VOTING PROCESS RELATING TO THE CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON BOARD APPROVAL, THE DOCUMENTS WILL BE FURNISHED TO INDIVIDUALS WHO REQUEST IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0974727
IRS990/TotalAssetsEOYAmt0484068
IRS990/TotalAssetsGrp/BOYAmt0974727
IRS990/TotalAssetsGrp/EOYAmt0484068
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt023409
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043815
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0169063
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0218952
IRS990/TotalFunctionalExpensesGrp/TotalAmt0431830
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0277032
IRS990/TotalLiabilitiesEOYAmt0191289
IRS990/TotalLiabilitiesGrp/BOYAmt0277032
IRS990/TotalLiabilitiesGrp/EOYAmt0191289
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0697695
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0292779
IRS990/TotalOtherCompensationAmt016874
IRS990/TotalProgramServiceExpensesAmt0218952
IRS990/TotalReportableCompFromOrgAmt0156326
IRS990/TotalRevenueGrp/ExclusionAmt03505
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026914
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0974727
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0484068
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0697695
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0292779
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0223409
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0150836
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0404 FIFTH AVENUE 3RD FL
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010018
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0WWW.EXCEEDNETWORK.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IRWIN DAYAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03479346600
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCEED NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0EXCE
ReturnHeader/Filer/EIN0020637117
ReturnHeader/Filer/PhoneNum03479346600
ReturnHeader/Filer/USAddress/AddressLine1Txt0404 FIFTH AVENUE 3RD FL
ReturnHeader/Filer/USAddress/CityNm0NEW YORK

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