Civic Intelligence

Business Impact Network Inc

990 • Fiscal year 2017 • EIN 02-0637117

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

404 Fifth Avenue 5th FloorNew York, NY 10018

(347) 934-6600

Siviq Scores

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

Liabilities / Assets

54th percentile

0.05x

Higher debt load relative to assets than 54% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

49th percentile

0.03x

Higher debt load relative to revenue than 49% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

78th percentile

21%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

95th percentile

$184,537

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 23.3% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

39th percentile

-0.1%

Faster asset growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

100th percentile

2848%

Faster revenue growth than 100% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Down

$483,453

Down $615 (-0.1%) from 2016

Net Assets

Up

$458,885

Up $166,106 (+57%) from 2016

Liabilities

Down

$24,568

Down $166,721 (-87%) from 2016

Revenue

Up

$793,414

Up $766,500 (+2848%) from 2016

Expenses

Up

$627,308

Up $195,478 (+45%) from 2016

Net Income

Up

$166,106

Up $571,022 (+141%) from 2016

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

2017

Assets$483,453
Liabilities$24,568
Net Assets$458,885

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

2017

Revenue$793,414
Expenses$627,308
Net Income$166,106
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$805,925
Mission and Program Overview

Mission

To provide business advice to three types of businesses: growing, start-up and distressed. Exceed network is a business advisory firm which offers advice and resources to small business owners. They deliver innovative and strategic guidance to companies at all levels: start-ups, growing and turnaround. Exceed network utilizes a deep pool of volunteer industry.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$163,964$210,985▲ $47,021
Cash and Non-Interest-Bearing Accounts$213,654$199,063▼ $14,591
Other Notes and Loans Receivable, Net$92,277$49,232▼ $43,045
Prepaid Expenses and Deferred Charges$14,173--
Total Assets$484,068$483,453▼ $615
Other Assets Total$0$24,173▲ $24,173
Liabilities
Unsecured Notes Loans Payable$150,836--
Accounts Payable and Accrued Expenses$40,453$24,568▼ $15,885
Total Liabilities$191,289$24,568▼ $166,721
Net Assets / Fund Balance
Unrestricted Net Assets$292,779$458,885▲ $166,106
Total Net Assets Fund Balance$292,779$458,885▲ $166,106
Total Liabilities and Net Assets / Fund Balance$484,068$483,453▼ $615

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$24,173--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Irwin DayanExecutive DirectorFT$176,233$8,304$184,537

Board Members and Trustees

NameTitle
Alan JemalBoard Member
Allan LevyBoard Member
Gary HerwitzBoard Member
Harold ShamahBoard Member
Harry TawilBoard Member
Kim DabahBoard Member
Mark AdjmiBoard Member
Rafael ChemtobBoard Member
Sol WahbaBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$785,683
Program Service Revenue
$5,353
Investment Income
$2,378
Other Revenue
$0
All Other Contributions
$113,622
Change in Net Assets
$166,106
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$326,107
Other Expenses$301,201
Total Fundraising Expense$42,879
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$94,113$81,197$9,227$184,537
Other Salaries and Wages$61,274$54,099$6,007$121,380
Advertising$30,704--$30,704
Occupancy$18,162$8,476$3,632$30,270
Office Expenses$12,037$10,385$1,179$23,601
Fees for Services Accounting-$23,200-$23,200
Other Expenses$41,720$103,707$21,106$21,106
Payroll Taxes$9,601$9,648$941$20,190
Information Technology$4,545$3,920$446$8,911
Fees for Services Other$1,873$1,631$184$3,688
Insurance$1,375$1,186$135$2,696
Fees for Services Legal-$1,168-$1,168
Travel$219$189$22$430
Total Functional Expenses$285,623$298,806$42,879$627,308
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$12,511
Fundraising Gross Income$12,511
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit Event$684,572$12,511-$12,511
Total Events$684,572$12,511$12,511$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
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
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 the form 990.

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 5TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Irwin Dayan
Title
Executive Director
Phone
3479346600
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Irwin Dayan
Formed
2003
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
9
Volunteers
60

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Martin Berkowitz
Phone
2126972299
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IRS990/QuidProQuoContributionsInd01
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0166106
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0785683
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt023409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0613124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0530773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0627945
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02580934
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02378
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03505
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04562
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03597
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04258
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt018300
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05353
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95910
IRS990ScheduleA/PublicSupportPY170Pct00.94880
IRS990ScheduleA/PublicSupportTotal170Amt02492919
IRS990ScheduleA/SubstantialContributorsTotAmt088015
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0785683
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt023409
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0613124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0530773
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0627945
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02580934
IRS990ScheduleA/TotalSupportAmt02599234
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024173
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt024173
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0672061
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0672061
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012511
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BENEFIT EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt012511
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt012511
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0684572
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0684572
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012511
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt012511
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0176233
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08304
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0IRWIN DAYAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0184537
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 THE FORM 990.
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/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
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0484068
IRS990/TotalAssetsEOYAmt0483453
IRS990/TotalAssetsGrp/BOYAmt0484068
IRS990/TotalAssetsGrp/EOYAmt0483453
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0785683
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt042879
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0298806
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0285623
IRS990/TotalFunctionalExpensesGrp/TotalAmt0627308
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0191289
IRS990/TotalLiabilitiesEOYAmt024568
IRS990/TotalLiabilitiesGrp/BOYAmt0191289
IRS990/TotalLiabilitiesGrp/EOYAmt024568
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0292779
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0458885
IRS990/TotalOtherCompensationAmt08304
IRS990/TotalProgramServiceExpensesAmt0285623
IRS990/TotalProgramServiceRevenueAmt05353
IRS990/TotalReportableCompFromOrgAmt0176233
IRS990/TotalRevenueGrp/ExclusionAmt07731
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0793414
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt060
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0484068
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0483453
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt022
IRS990/TravelGrp/ManagementAndGeneralAmt0189
IRS990/TravelGrp/ProgramServicesAmt0219
IRS990/TravelGrp/TotalAmt0430
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0292779
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0458885

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