Civic Intelligence

The Elm Project Inc.

990 • Fiscal year 2020 • EIN 06-1431690

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 10, 2021

88 Hamilton AvenueStamford, CT 06902

(203) 658-9671

Siviq Scores

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

Liabilities / Assets

80th percentile

0.19x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

79th percentile

0.14x

Higher debt load relative to revenue than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

75th percentile

26%

Higher net margin than 75% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$61,184

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 21.6% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

86th percentile

87%

Faster asset growth than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-20%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$204,707

Up $94,947 (+87%) from 2019

Net Assets

Up

$165,878

Up $74,732 (+82%) from 2019

Liabilities

Up

$38,829

Up $20,215 (+109%) from 2019

Revenue

Down

$282,621

Down $69,436 (-20%) from 2019

Expenses

Down

$207,889

Down $152,159 (-42%) from 2019

Net Income

Up

$74,732

Up $82,723 (+1035%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $266,806Liabilities 2011: $15,509Net Assets 2011: $251,2972011Assets 2012: $130,166Liabilities 2012: $49,319Net Assets 2012: $80,8472012Assets 2013: $114,084Liabilities 2013: $54,874Net Assets 2013: $59,2102013Assets 2014: $162,048Liabilities 2014: $67,479Net Assets 2014: $94,5692014Assets 2015: $188,916Liabilities 2015: $67,054Net Assets 2015: $121,8622015Assets 2016: $115,151Liabilities 2016: $60,574Net Assets 2016: $54,5772016Assets 2017: $108,779Liabilities 2017: $61,480Net Assets 2017: $47,2992017Assets 2018: $195,606Liabilities 2018: $96,469Net Assets 2018: $99,1372018Assets 2019: $109,760Liabilities 2019: $18,614Net Assets 2019: $91,1462019Assets 2020: $204,707Liabilities 2020: $38,829Net Assets 2020: $165,8782020Assets 2021: $218,265Liabilities 2021: $12,652Net Assets 2021: $205,6132021Assets 2022: $231,619Liabilities 2022: $14,684Net Assets 2022: $216,9352022Assets 2023: $218,537Liabilities 2023: $21,870Net Assets 2023: $196,6672023Assets 2024: $222,428Liabilities 2024: $13,666Net Assets 2024: $208,7622024

Highlighted filing

2020

Assets$204,707
Liabilities$38,829
Net Assets$165,878

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $378,993Expenses 2011: $91,696Net Income 2011: $287,2972011Revenue 2012: $502,165Expenses 2012: $469,698Net Income 2012: $32,4672012Revenue 2013: $456,455Expenses 2013: $478,092Net Income 2013: -$21,6372013Revenue 2014: $558,015Expenses 2014: $522,656Net Income 2014: $35,3592014Revenue 2015: $565,322Expenses 2015: $538,029Net Income 2015: $27,2932015Revenue 2016: $456,103Expenses 2016: $523,388Net Income 2016: -$67,2852016Revenue 2017: $406,386Expenses 2017: $413,664Net Income 2017: -$7,2782017Revenue 2018: $444,375Expenses 2018: $392,537Net Income 2018: $51,8382018Revenue 2019: $352,057Expenses 2019: $360,048Net Income 2019: -$7,9912019Revenue 2020: $282,621Expenses 2020: $207,889Net Income 2020: $74,7322020Revenue 2021: $374,802Expenses 2021: $335,067Net Income 2021: $39,7352021Revenue 2022: $384,287Expenses 2022: $372,965Net Income 2022: $11,3222022Revenue 2023: $377,578Expenses 2023: $397,846Net Income 2023: -$20,2682023Revenue 2024: $429,437Expenses 2024: $417,342Net Income 2024: $12,0952024

Highlighted filing

2020

Revenue$282,621
Expenses$207,889
Net Income$74,732
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.1
Gross Receipts
$282,621
Mission and Program Overview

Mission

The mission of The ELM Project is to enhance the lives of underserved youth living with chronic illness by providing an enriching summer camp experience and the tools for a healthy, independent future.

The mission of The ELM Project: to enhance the lives of underserved youth living with chronic illness by providing an enriching summer camp experience and the tools for a healthy , independent future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$81,548$184,023▲ $102,475
Prepaid Expenses and Deferred Charges$13,184$15,242▲ $2,058
Pledges and Grants Receivable$8,000$0▼ $8,000
Land, Buildings, and Equipment, Net$7,028$5,442▼ $1,586
Total Assets$109,760$204,707▲ $94,947
Liabilities
Unsecured Notes Loans Payable$0$26,471▲ $26,471
Accounts Payable and Accrued Expenses$18,614$12,358▼ $6,256
Total Liabilities$18,614$38,829▲ $20,215
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$91,146$165,878▲ $74,732
Total Net Assets Fund Balance$91,146$165,878▲ $74,732
Total Liabilities and Net Assets / Fund Balance$109,760$204,707▲ $94,947

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,250$5,250$10,500
Equipment$192$8,218$8,410
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chloe EttariExecutive DirectorFT$61,184$61,184

Board Members and Trustees

NameTitle
Gabrielle MossBoard President
Justine LandeggerVice-Chair
Christopher CaliBoard Member
Donald RigoniBoard Member
Dr Hadley BrightonBoard Member
Tyshawn ConstantineBoard Member
Dr Haamid ChamdawalaMedical Director
Bayard DodgeSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$281,997
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$624
All Other Contributions
$281,997
Change in Net Assets
$74,732

Audited Revenue Reconciliation

Revenue per Audited Statements
$282,621
Total Revenue per Audited Statements
$282,621
Total Revenue per Form 990
$282,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$131,845
Other Expenses$76,044
Total Fundraising Expense$43,296
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$20,671$20,671$27,562$68,904
Other Salaries and Wages$36,406$10,402$5,200$52,008
Insurance$21,513$2,985$362$24,860
Occupancy$10,528$3,566$3,703$17,797
Payroll Taxes$4,180$2,312$2,401$8,893
Fees for Services Accounting$0$4,575$0$4,575
Information Technology$0$3,731$0$3,731
Other Expenses$1,413$827$410$2,650
All Other Expenses$2,034$253$131$2,418
Other Employee Benefits$959$530$551$2,040
Depreciation Depletion$0$1,586$0$1,586
Fees for Services Other$1,500$0$0$1,500
Office Expenses$0$750$0$750
Total Functional Expenses$107,045$57,548$43,296$207,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$207,889
Total Expenses per Audited Statements$207,889
Total Expenses per Form 990$207,889
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
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
The ELM Project
EIN
06-1431690
Phone
2036589671
Address
88 Hamilton Avenue, Stamford, CT 06902

Signing Officer

Name
Chloe Ettari
Title
Executive Director
Phone
2036589671
Signed
2021-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chloe Ettari
Formed
1995
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
2
Volunteers
48

Preparer

Firm
Guy Desanctis CPA
Address
31 Eastview Dr, Valhalla, NY 10595
Preparer
Guy DeSanctis
Phone
9143285182
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Outside accountant prepares Form 990 and reviews it with the Executive Director. Executive Director then reviews it with a Finance Board member and ultimately with the full Board.

Pt VI, Line 12C

Monitoring and enforcement of the importance of disclosing conflicts of interest is primarily done through reminders and education throughout the year.

Pt VI, Line 15A

Compensation for the Executive Director is reviewed and approved by the Board.

Pt VI, Line 19

Governing documents and the conflict of interest policy are available upon request. Financial statements are available upon request as well, and are also included as part of any major solicitations and with the state filings.

Pt VI, Line 15B

Compensation for key employees is reviewed and approved bythe Board, with input from the Executive Director.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Leader in training program, which helps former campers to stay connected with their peers and camp counselor role models at a critical juncture in their lives. Participants participate in education and skill-building activities throughout the year. Due to the COVID-19 pandemic, LIT programming was held virtually this year.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt034236
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0355360
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0236589
IRS990/PYOtherRevenueAmt0-3303
IRS990/PYRevenuesLessExpensesAmt0-7991
IRS990/PYSalariesCompEmpBnftPaidAmt0123459
IRS990/PYTotalExpensesAmt0360048
IRS990/PYTotalRevenueAmt0352057
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt074732
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0281997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0355360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0457010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0444851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0456103
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01995321
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62780
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.63660
IRS990ScheduleA/PublicSupportTotal170Amt01252681
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0742640
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0281997
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0355360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0457010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0444851
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0456103
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01995321
IRS990ScheduleA/TotalSupportAmt01995321
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/BookValueAmt0192
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08218
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08410
IRS990ScheduleD/ExpensesSubtotalAmt0207889
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05250
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05250
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010500
IRS990ScheduleD/RevenueSubtotalAmt0282621
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05442
IRS990ScheduleD/TotalExpensesPerForm990Amt0207889
IRS990ScheduleD/TotalRevenuePerForm990Amt0282621
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0282621
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0207889
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Outside accountant prepares Form 990 and reviews it with the Executive Director. Executive Director then reviews it with a Finance Board member and ultimately with the full Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Monitoring and enforcement of the importance of disclosing conflicts of interest is primarily done through reminders and education throughout the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation for the Executive Director is reviewed and approved by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents and the conflict of interest policy are available upon request. Financial statements are available upon request as well, and are also included as part of any major solicitations and with the state filings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation for key employees is reviewed and approved bythe Board, with input from the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/StatesWhereCopyOfReturnIsFldCd1NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0109760
IRS990/TotalAssetsEOYAmt0204707
IRS990/TotalAssetsGrp/BOYAmt0109760
IRS990/TotalAssetsGrp/EOYAmt0204707
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0281997
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043296
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt057548
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0107045
IRS990/TotalFunctionalExpensesGrp/TotalAmt0207889
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018614
IRS990/TotalLiabilitiesEOYAmt038829
IRS990/TotalLiabilitiesGrp/BOYAmt018614
IRS990/TotalLiabilitiesGrp/EOYAmt038829
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt091146
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0165878
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0107045
IRS990/TotalReportableCompFromOrgAmt061184
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0624
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0282621
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt048
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0109760
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0204707
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt026471
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt088 Hamilton Ave
IRS990/USAddress/CityNm0Stamford
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006902
IRS990/VotingMembersGoverningBodyCnt08

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.$2.22$0.14$2.09$4.29$4.17$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.19$0.22$1.97$3.78$3.98$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.15$2.17$3.84$3.73$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.18$0.13$2.06$3.75$3.35$0.40
2020Detailed filing. Detailed filing data is available for this year.$2.05$0.39$1.66$2.83$2.08$0.75
2019Summary only. Only limited summary data is available for this year.$1.10$0.19$0.91$3.52$3.60$0.08
2018Summary only. Only limited summary data is available for this year.$1.96$0.96$0.99$4.44$3.93$0.52
2017Summary only. Only limited summary data is available for this year.$1.09$0.61$0.47$4.06$4.14$0.07
2016Summary only. Only limited summary data is available for this year.$1.15$0.61$0.55$4.56$5.23$0.67
2015Summary only. Only limited summary data is available for this year.$1.89$0.67$1.22$5.65$5.38$0.27
2014Summary only. Only limited summary data is available for this year.$1.62$0.67$0.95$5.58$5.23$0.35
2013Summary only. Only limited summary data is available for this year.$1.14$0.55$0.59$4.56$4.78$0.22
2012Summary only. Only limited summary data is available for this year.$1.30$0.49$0.81$5.02$4.70$0.32
2011Summary only. Only limited summary data is available for this year.$2.67$0.16$2.51$3.79$0.92$2.87
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • <$500k nonprofits