Civic Intelligence

Cave Organization Inc.

990 • Fiscal year 2021 • EIN 04-3763314

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

58 Grand StreetBrooklyn, NY 11249

(347) 838-4677

Siviq Scores

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

Liabilities / Assets

89th percentile

0.74x

Higher debt load relative to assets than 89% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

0.46x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Net Margin

61st percentile

19%

Higher net margin than 61% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Top Officer Pay

89th percentile

$29,500

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 12.5% of source-year revenue.

2021 filings • NTEE A • <$500k nonprofits • Source year 2021

Asset Growth

78th percentile

51%

Faster asset growth than 78% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

50%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • NTEE A • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$145,727

Up $48,999 (+51%) from 2020

Net Assets

Up

$37,897

Up $66,636 (+232%) from 2020

Liabilities

Down

$107,830

Down $17,637 (-14%) from 2020

Revenue

Up

$235,467

Up $78,280 (+50%) from 2020

Expenses

Up

$190,380

Up $13,100 (+7.4%) from 2020

Net Income

Up

$45,087

Up $65,180 (+324%) from 2020

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

2021

Assets$145,727
Liabilities$107,830
Net Assets$37,897

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

2021

Revenue$235,467
Expenses$190,380
Net Income$45,087
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.1
Gross Receipts
$235,467
Mission and Program Overview

Mission

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

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,249$145,248▲ $48,999
Inventories for Sale or Use$330$330→ $0
Land, Buildings, and Equipment, Net-$149-
Total Assets$96,728$145,727▲ $48,999
Other Assets Total$149--
Liabilities
Mortgage Notes Payable Secured by Investment Property$84,300$84,300→ $0
Other Liabilities$17,165$20,327▲ $3,162
Accounts Payable and Accrued Expenses$24,002$3,203▼ $20,799
Total Liabilities$125,467$107,830▼ $17,637
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-28,739$37,897▲ $66,636
Total Net Assets Fund Balance$-28,739$37,897▲ $66,636
Total Liabilities and Net Assets / Fund Balance$96,728$145,727▲ $48,999

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$149$0-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ximena GarnicaBoard MemberPT$29,500$29,500
Shigekazu MoriyaBoard MemberPT$6,000$6,000

Board Members and Trustees

NameTitle
Fusako OhtaPresident
Jose Rivera JrBoard Member
Maria BacardiBoard Member
Polina PorrasSecretary
Raul ZbengheciTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$168,735
Program Service Revenue
$60,044
Investment Income
$18
Other Revenue
$6,670
All Other Contributions
$64,261
Change in Net Assets
$45,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$137,740
Salaries, Compensation, and Employee Benefits$52,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$41,431$14,866$0$56,297
Current Officers, Directors, Trustees, and Key Employees$24,505$3,480$0$27,985
Occupancy$19,200$4,800$0$24,000
Office Expenses$7,532$8,980$0$16,512
Payroll Taxes$12,448$1,577$0$14,025
Travel$12,139$1,103$0$13,242
Other Salaries and Wages$8,674$1,232$0$9,906
Insurance$603$3,766$0$4,369
Advertising$1,243$0$0$1,243
Other Expenses$1,012$87$0$1,099
Other Employee Benefits$0$724$0$724
Information Technology$22$581$0$603
Fees for Services Accounting$0$475$0$475
Interest$0$328$0$328
Total Functional Expenses$140,881$49,499$0$190,380
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Officers$20,327
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
Filing and Contact Details

Filer

Filer Name
Cave Organization Inc
EIN
04-3763314
Phone
3478384677
Address
58 GRAND STREET, Brooklyn, NY 11249

Signing Officer

Name
Raul Zbengheci
Title
Treasurer
Phone
3478384677
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raul Zbengheci
Formed
2003
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
6
Employees
7
Volunteers
10

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The draft 990 was review by the board prior to filing. All questions were resolved before filing.

Pt VI, Line 12C

Board members, officers and key employees are required to submit annual disclosure forms.

Pt VI, Line 19

These documents are available to the public upon request

Other

Page 1 Part 1 Line 1 Mission: LEIMAY is led by artists and holds a regular NYC home season, tours productions nationally and internationally, offers classes to the public, brings in guest artists for workshops, and collaborates with presenting/educational partners across the USA and beyond.

Form 990, Part IX, Line 24E

Utilities 5352. 4817. 535. 0.

Form 990, Part IX, Line 24E

Meals 3390. 3390. 0. 0.

Form 990, Part IX, Line 24E

Maintenance 3769. 2753. 1016. 0.

Form 990, Part IX, Line 24E

Postage & delivery 143. 0. 143. 0.

Form 990, Part IX, Line 24E

Printing 550. 550. 0. 0.

Form 990, Part IX, Line 24E

Professional development 1516. 1516. 0. 0.

Form 990, Part IX, Line 24E

Professional fees 17843. 9859. 7984. 0.

Form 990, Part IX, Line 24E

Telecommunications 2554. 0. 2554. 0.

Form 990, Part IX, Line 24E

Production supplies 18546. 18546. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 1237. 0. 1237. 0.

Form 990, Part IX, Line 24E

Payroll processing fees 1397. 0. 1397. 0.

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IRS990/ProgSrvcAccomActy3Grp/Desc0LEIMAY Education- a platform offering training in the arts to the public, including art enthusiasts and professionals alike
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07628
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0106
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt02176
IRS990/PYContributionsGrantsAmt0108756
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012
IRS990/PYOtherExpensesAmt0136875
IRS990/PYOtherRevenueAmt014276
IRS990/PYProgramServiceRevenueAmt034143
IRS990/PYRevenuesLessExpensesAmt0-20093
IRS990/PYSalariesCompEmpBnftPaidAmt038229
IRS990/PYTotalExpensesAmt0177280
IRS990/PYTotalRevenueAmt0157187
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt045087
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt06670
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt011187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0168735
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0142899
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0119254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0180179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0198114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0809181
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt014258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0586
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021551
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0209987
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92500
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.98300
IRS990ScheduleA/PublicSupportTotal170Amt0768410
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt040771
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0168735
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0142899
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0119254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0180179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0198114
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0809181
IRS990ScheduleA/TotalSupportAmt0830732
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0149
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0149
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO OFFICERS
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149
IRS990ScheduleD/TotalLiabilityAmt020327
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The draft 990 was review by the board prior to filing. All questions were resolved before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members, officers and key employees are required to submit annual disclosure forms.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2These documents are available to the public upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Page 1 Part 1 Line 1 Mission: LEIMAY is led by artists and holds a regular NYC home season, tours productions nationally and internationally, offers classes to the public, brings in guest artists for workshops, and collaborates with presenting/educational partners across the USA and beyond.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Utilities 5352. 4817. 535. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Meals 3390. 3390. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Maintenance 3769. 2753. 1016. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Postage & delivery 143. 0. 143. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Printing 550. 550. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Professional development 1516. 1516. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Professional fees 17843. 9859. 7984. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Telecommunications 2554. 0. 2554. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Production supplies 18546. 18546. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Miscellaneous 1237. 0. 1237. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Payroll processing fees 1397. 0. 1397. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt096728
IRS990/TotalAssetsEOYAmt0145727
IRS990/TotalAssetsGrp/BOYAmt096728
IRS990/TotalAssetsGrp/EOYAmt0145727
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0168735
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049499
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0140881
IRS990/TotalFunctionalExpensesGrp/TotalAmt0190380
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0125467
IRS990/TotalLiabilitiesEOYAmt0107830
IRS990/TotalLiabilitiesGrp/BOYAmt0125467
IRS990/TotalLiabilitiesGrp/EOYAmt0107830

Document Assets

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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
2021Detailed filing. Detailed filing data is available for this year.$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