Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 681 office 3,622 information technology 1,759 insurance 103 sector program expense 225 total 6,390”
Business Impact Network Inc
990EZ • Fiscal year 2021 • EIN 02-0637117
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Down$0
Down $28,076 (-100%) from 2020
Net Assets
Up$0
Up $11,701 (+100%) from 2020
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$32,401
Down $20,684 (-39%) from 2020
Expenses
Down$51,760
Down $251,668 (-83%) from 2020
Net Income
Up-$19,359
Up $230,984 (+92%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Jun 27, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $32,401
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: 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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE NETWORK IS A VOLUNTEER-DRIVEN AGENCY WHOSE MISSION IS TO PROVIDE BUSINESS ADVICE TO THREE TYPES OF BUSINESS: GROWTH, START-UP, AND DISTRESSED. IN ADDITION, EXCEED NETWORK OFFERS BUSINESS OWNERS THE OPPORTUNITY TO DIRECTLY BENEFIT FROM OUR CREATIVE COMMUNITY BY JOINING EXCEED@WORK INCUBATOR WHICH OFFERED A DESK AND ONSITE ADVICE WITHIN A HUB AND INNOVATIVE IDEAS. THE NETWORK ALSO PROVIDES SEMINARS THAT GIVE BUSINESS OWNERS THE FOUNATIONAL PRINCIPLES TO MOVE FORWARD CAREFULLY AND CONFIDENTLY. VETERAN BUSINESS OWNERS HEAR FROM ENGAGING SPEAKERS, GAIN VALUABLE INSIGHT INTO ENGINEERING TRENDS AND LEARN TO STRATEGIZE FOR FUTURE SUCCESS. OTHER DIVISIONS OF THE NETWORK INCLUDE THE WOMAN EXCEED NETWORK, WHICH PROVIDES SUPPORT TO WOMEN ENTREPRENEURS. | - | $51,760 |
| THE NETWORK IS A VOLUNTEER-DRIVEN AGENCY WHOSE MISSION IS TO PROVIDE BUSINESS ADVICE TO THREE TYPES OF BUSINESS: GROWTH, START-UP, AND DISTRESSED. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MARK ADJMI | President | - | $0 | - | - |
| HARRY S TAWIL | Vice Preside | - | $0 | - | - |
| ELI YEDID | Secretary | - | $0 | - | - |
| SOL WAHBA | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Exceed Network
- EIN
- 02-0637117
- Phone
- 3479346600
- Address
- 34 W 33RD ST FL 5, NEW YORK, NY 10001
Signing Officer
- Name
- Sol Wahba
- Title
- Treasurer
- Phone
- 3479346600
- Signed
- 2022-06-27
Preparer
- Firm
- Stacy Sand CPA Pc
- Address
- 16004 CROSSBAY BLVD STE 158, HOWARD BEACH, NY 11414
- Preparer
- Stacy Sand CPA
- Phone
- 7183188829
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 20
“Ppp forgiven 43,730 bad debts andwrite offs -12,670”
Form 990-ez, Part II, Line 24
“Pledges receivable 27,304 0 less allowance 22,904 0 net 4,400 0 total 4,400 0”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 3,047 0 ppp funds 36,730 0”
Form 990-ez, Part III
“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.”
Form 990-ez, Part III, Line 31
“The network is a volunteer-driven agency whose mission is to provide business advice to three types of business: growth, start-up, and distressed. In addition, exceed network offers business owners the opportunity to directly benefit from our creative community by joining exceed@work incubator which offered a desk and onsite advice within a hub and innovative ideas. The network also provides seminars that give business owners the founational principles to move forward carefully and confidently. Veteran business owners hear from engaging speakers, gain valuable insight into engineering trends and learn to strategize for future success. Other divisions of the network include the woman exceed network, which provides support to women entrepreneurs.”
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 681 OFFICE 3,622 INFORMATION TECHNOLOGY 1,759 INSURANCE 103 SECTOR PROGRAM EXPENSE 225 TOTAL 6,390 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PPP FORGIVEN 43,730 BAD DEBTS ANDWRITE OFFS -12,670 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PLEDGES RECEIVABLE 27,304 0 LESS ALLOWANCE 22,904 0 NET 4,400 0 TOTAL 4,400 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,047 0 PPP FUNDS 36,730 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE NETWORK IS A VOLUNTEER-DRIVEN AGENCY WHOSE MISSION IS TO PROVIDE BUSINESS ADVICE TO THREE TYPES OF BUSINESS: GROWTH, START-UP, AND DISTRESSED. IN ADDITION, EXCEED NETWORK OFFERS BUSINESS OWNERS THE OPPORTUNITY TO DIRECTLY BENEFIT FROM OUR CREATIVE COMMUNITY BY JOINING EXCEED@WORK INCUBATOR WHICH OFFERED A DESK AND ONSITE ADVICE WITHIN A HUB AND INNOVATIVE IDEAS. THE NETWORK ALSO PROVIDES SEMINARS THAT GIVE BUSINESS OWNERS THE FOUNATIONAL PRINCIPLES TO MOVE FORWARD CAREFULLY AND CONFIDENTLY. VETERAN BUSINESS OWNERS HEAR FROM ENGAGING SPEAKERS, GAIN VALUABLE INSIGHT INTO ENGINEERING TRENDS AND LEARN TO STRATEGIZE FOR FUTURE SUCCESS. OTHER DIVISIONS OF THE NETWORK INCLUDE THE WOMAN EXCEED NETWORK, WHICH PROVIDES SUPPORT TO WOMEN ENTREPRENEURS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
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| ReturnHeader/ReturnTs | 0 | 2022-09-07T13:53:17-04:00 |
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| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- -
- Net assets
- $0
- Revenue
- $32,401
- Expenses
- $51,760
- Net income
- -$19,359