Civic Intelligence

Cave Organization Inc.

990 • Fiscal year 2016 • EIN 04-3763314

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

58 Grand StreetBrooklyn, NY 11249

(718) 388-6780

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

54th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

67th percentile

12%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

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

Revenue Growth

58th percentile

5.6%

Faster revenue growth than 58% of similar nonprofits.

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

Assets

Down

$0

Down $56,558 (-100%) from 2015

Net Assets

Down

$0

Down $55,791 (-100%) from 2015

Liabilities

Down

$0

Down $767 (-100%) from 2015

Revenue

Up

$219,684

Up $11,680 (+5.6%) from 2015

Expenses

Down

$193,372

Down $20,303 (-9.5%) from 2015

Net Income

Up

$26,312

Up $31,983 (+564%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $31,692Liabilities 2011: $3,0832011Assets 2012: $33,533Liabilities 2012: $1,424Net Assets 2012: $32,1092012Assets 2013: $48,385Liabilities 2013: $4,101Net Assets 2013: $44,2842013Assets 2014: $55,370Liabilities 2014: $4,609Net Assets 2014: $50,7612014Assets 2015: $56,558Liabilities 2015: $767Net Assets 2015: $55,7912015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $64,315Liabilities 2017: $15,935Net Assets 2017: $48,3802017Assets 2018: $59,763Liabilities 2018: $27,639Net Assets 2018: $32,1242018Assets 2019: $28,972Liabilities 2019: $34,853Net Assets 2019: -$5,8812019Assets 2020: $96,728Liabilities 2020: $125,467Net Assets 2020: -$28,7392020Assets 2021: $145,727Liabilities 2021: $107,830Net Assets 2021: $37,8972021Assets 2022: $251,571Liabilities 2022: $141,657Net Assets 2022: $109,9142022Assets 2023: $2,577,675Liabilities 2023: $209,874Net Assets 2023: $2,367,8012023Assets 2024: $2,557,718Liabilities 2024: $148,696Net Assets 2024: $2,409,0222024

Highlighted filing

2016

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $110,661Expenses 2011: $116,924Net Income 2011: -$6,2632011Revenue 2012: $137,632Expenses 2012: $134,132Net Income 2012: $3,5002012Revenue 2013: $178,731Expenses 2013: $166,556Net Income 2013: $12,1752013Revenue 2014: $216,177Expenses 2014: $198,964Net Income 2014: $17,2132014Revenue 2015: $208,004Expenses 2015: $213,675Net Income 2015: -$5,6712015Revenue 2016: $219,684Expenses 2016: $193,372Net Income 2016: $26,3122016Revenue 2017: $198,124Expenses 2017: $196,915Net Income 2017: $1,2092017Revenue 2018: $180,088Expenses 2018: $200,641Net Income 2018: -$20,5532018Revenue 2019: $132,257Expenses 2019: $168,674Net Income 2019: -$36,4172019Revenue 2020: $157,187Expenses 2020: $177,280Net Income 2020: -$20,0932020Revenue 2021: $235,467Expenses 2021: $190,380Net Income 2021: $45,0872021Revenue 2022: $333,057Expenses 2022: $261,040Net Income 2022: $72,0172022Revenue 2023: $2,662,216Expenses 2023: $404,329Net Income 2023: $2,257,8872023Revenue 2024: $703,475Expenses 2024: $662,254Net Income 2024: $41,2212024

Highlighted filing

2016

Revenue$219,684
Expenses$193,372
Net Income$26,312
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 1, 2017
Return Version
2016v3.0
Gross Receipts
$219,684
Mission and Program Overview

Mission

To support artists & provide space for them to collaborate & create in the visual and performing arts.

Cave organization inc develops and tours individual and collaborative creations in the visual and performing arts, as wells as offer studio and performance space, training and mentorship opportunities for emerging and established artists.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$53,994--
Land, Buildings, and Equipment, Net$2,564--
Total Assets$56,558$0▼ $56,558
Liabilities
Accounts Payable and Accrued Expenses$767--
Total Liabilities$767$0▼ $767
Net Assets / Fund Balance
Unrestricted Net Assets$55,791--
Total Net Assets Fund Balance$55,791$0▼ $55,791
Total Liabilities and Net Assets / Fund Balance$56,558$0▼ $56,558
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shigekazu MoriyaTreasurerPT$10,093$10,093
Ximena GarnicaPresidentPT$7,800$7,800
Raul ZbengheciOfficer-$7,700$7,700

Board Members and Trustees

NameTitle
Lyndley SchwabDirector
Maria BacardiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$72,464
Program Service Revenue
$138,401
Investment Income
$6
Other Revenue
$8,813
All Other Contributions
$43,164
Change in Net Assets
$26,312
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,942
Salaries, Compensation, and Employee Benefits$77,430
Total Fundraising Expense$29,021
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$43,684$12,590$8,834$65,108
Fees for Services Other$15,834$1,260$6,255$23,349
Occupancy$17,945$1,750$450$20,145
All Other Expenses$10,074$5,461$516$16,051
Conferences and Meetings$8,541$412$5,110$14,063
Payroll Taxes$7,570$2,580$1,670$11,820
Travel$8,599$199$823$9,621
Office Expenses$3,197$3,317$397$6,911
Depreciation Depletion$0$2,543$0$2,543
Advertising$1,713$0$32$1,745
Fees for Services Accounting$0$960$0$960
Insurance$700$0$0$700
Other Employee Benefits$295$101$106$502
Other Expenses$149$120$0$269
Fees for Services Legal$115$50$0$165
Interest$0$38$0$38
Total Functional Expenses$131,715$32,636$29,021$193,372
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
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Cave Organization Inc
EIN
04-3763314
Phone
7183886780
Address
58 GRAND STREET, Brooklyn, NY 11249

Signing Officer

Name
Ximena Garnica
Title
President
Phone
7183886780
Signed
2017-01-01

Organization Details

Principal Officer
Ximena Garnica
Formed
1996
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
2
Volunteers
5

Preparer

Firm
R & A Tax & Accounting LLC
Address
153 Pine St, Massapequa Park, NY 11762
Preparer
Ron Patane
Phone
6313274678
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is reviewed by all members

Pt X

All assets and liabilities are recorded in part x

Form 990EZ, Part I, Line 8

RELATED RENTAL INCOME

Form 990EZ, Part I, Line 16

MEALS & ENTERTAINMENT

Form 990EZ, Part I, Line 16

WEB DESIGN

Form 990EZ, Part I, Line 16

Production & development costs

Form 990EZ, Part I, Line 16

Conferences, meetings & catering

Form 990EZ, Part I, Line 16

TRANSPORTATION

Form 990EZ, Part I, Line 16

Office supplies & expense

Form 990EZ, Part I, Line 16

BANK CHARGES

Form 990EZ, Part I, Line 16

INSURANCE

Form 990EZ, Part I, Line 16

MISCELLANEOUS

Form 990EZ, Part I, Line 16

MAINTENANCE & REPAIR

Form 990EZ, Part I, Line 16

UTILITIES

Form 990EZ, Part I, Line 16

ADVERTISING & MARKETING

Form 990EZ, Part I, Line 16

DUES & SUBSCRIPTIONS

Form 990EZ, Part I, Line 16

TELEPHONE EXPENSE

Form 990EZ, Part I, Line 16

Artists & performers / commissions

Form 990EZ, Part I, Line 16

INTEREST

Form 990EZ, Part II, Line 24

Furniture, fixtures & computers

Form 990EZ, Part II, Line 24

GRANTS RECEIVABLE

Form 990EZ, Part II, Line 26

ACCRUED EXPENSES PAYABLE

Form 990, Part IX, Line 24E

Meals & entertainment 2093. 2093. 0. 0.

Form 990, Part IX, Line 24E

Printing & postage 6797. 6306. 25. 466.

Form 990, Part IX, Line 24E

Bank charges 1506. 1325. 181. 0.

Form 990, Part IX, Line 24E

Telephone 840. 8. 832. 0.

Form 990, Part IX, Line 24E

Internet & web design 3644. 342. 3252. 50.

Form 990, Part IX, Line 24E

Payroll fees 1171. 0. 1171. 0.

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IRS990ScheduleA/PublicSupportTotal509Amt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0207993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0202409
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0119134
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt066301
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0815515
IRS990ScheduleA/TotalSupportAmt0815532
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY ALL MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL ASSETS AND LIABILITIES ARE RECORDED IN PART X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RELATED RENTAL INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEALS & ENTERTAINMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WEB DESIGN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRODUCTION & DEVELOPMENT COSTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONFERENCES, MEETINGS & CATERING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRANSPORTATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8OFFICE SUPPLIES & EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BANK CHARGES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12MAINTENANCE & REPAIR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13UTILITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ADVERTISING & MARKETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15DUES & SUBSCRIPTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16TELEPHONE EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17ARTISTS & PERFORMERS / COMMISSIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18INTEREST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19FURNITURE, FIXTURES & COMPUTERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20GRANTS RECEIVABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21ACCRUED EXPENSES PAYABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22MEALS & ENTERTAINMENT 2093. 2093. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23PRINTING & POSTAGE 6797. 6306. 25. 466.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24BANK CHARGES 1506. 1325. 181. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25TELEPHONE 840. 8. 832. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26INTERNET & WEB DESIGN 3644. 342. 3252. 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27PAYROLL FEES 1171. 0. 1171. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt X
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990, Part IX, Line 24e
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt056558
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt056558
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt072464
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029021
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032636
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0131715
IRS990/TotalFunctionalExpensesGrp/TotalAmt0193372
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0767
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0767
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt0131715
IRS990/TotalProgramServiceRevenueAmt0138401
IRS990/TotalReportableCompFromOrgAmt025593
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0147220
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0219684
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt056558
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt0823
IRS990/TravelGrp/ManagementAndGeneralAmt0199
IRS990/TravelGrp/ProgramServicesAmt08599
IRS990/TravelGrp/TotalAmt09621
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt055791
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt058 GRAND STREET
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011249
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0XIMENA GARNICA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07183886780
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CAVE ORGANIZATION INC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.56$0.15$2.41$0.70$0.66$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.58$0.21$2.37$2.66$0.40$2.26
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.14$0.11$0.33$0.26$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.15$0.11$0.04$0.24$0.19$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.13$0.03$0.16$0.18$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.01$0.13$0.17$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.06$0.03$0.03$0.18$0.20$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.02$0.05$0.20$0.20$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.22$0.19$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.21$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.05$0.22$0.20$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.04$0.18$0.17$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.14$0.13$0.00
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.11$0.12$0.01