Civic Intelligence

Advancement for Commerce Industry & Technology Inc

EIN 11-2195994 • 501(c)6 • Huntington, NY

Profile

BUISNESS NETWORKING

PO Box 220Huntington, NY 11743

acitli.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

32nd percentile

-14%

Faster asset growth than 32% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$15,416

Down $2,552 (-14%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$15,416

Down $2,552 (-14%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2023

Expenses

Down

$2,552

Down $4,963 (-66%) from 2023

Net Income

Up

-$2,552

Up $4,963 (+66%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth32nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $43,080Liabilities 2011: $0Net Assets 2011: $43,0802011Assets 2012: $43,688Liabilities 2012: $0Net Assets 2012: $43,6882012Assets 2013: $44,781Liabilities 2013: $5,000Net Assets 2013: $39,7812013Assets 2014: $38,257Liabilities 2014: $6,500Net Assets 2014: $31,7572014Assets 2015: $100,808Liabilities 2015: $5,658Net Assets 2015: $95,1502015Assets 2016: $114,498Liabilities 2016: $2,500Net Assets 2016: $111,9982016Assets 2017: $122,088Liabilities 2017: $2,000Net Assets 2017: $120,0882017Assets 2018: $111,626Liabilities 2018: $0Net Assets 2018: $111,6262018Assets 2020: $53,694Liabilities 2020: $19,500Net Assets 2020: $34,1942020Assets 2021: $33,254Liabilities 2021: $0Net Assets 2021: $33,2542021Assets 2022: $25,483Liabilities 2022: $0Net Assets 2022: $25,4832022Assets 2023: $17,968Liabilities 2023: $0Net Assets 2023: $17,9682023Assets 2024: $15,416Liabilities 2024: $0Net Assets 2024: $15,4162024

Highlighted filing

2024

Assets$15,416
Liabilities$0
Net Assets$15,416
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $150,317Expenses 2011: $125,226Net Income 2011: $25,0912011Revenue 2012: $118,997Expenses 2012: $118,389Net Income 2012: $6082012Revenue 2013: $144,435Expenses 2013: $117,109Net Income 2013: $27,3262013Revenue 2014: $167,303Expenses 2014: $175,327Net Income 2014: -$8,0242014Revenue 2015: $172,555Expenses 2015: $109,162Net Income 2015: $63,3932015Revenue 2016: $147,452Expenses 2016: $130,604Net Income 2016: $16,8482016Revenue 2017: $152,314Expenses 2017: $144,224Net Income 2017: $8,0902017Revenue 2018: $145,064Expenses 2018: $153,526Net Income 2018: -$8,4622018Revenue 2020: -$4,733Expenses 2020: $72,771Net Income 2020: -$77,5042020Revenue 2021: $8,440Expenses 2021: $9,380Net Income 2021: -$9402021Revenue 2022: $0Expenses 2022: $7,771Net Income 2022: -$7,7712022Revenue 2023: $0Expenses 2023: $7,515Net Income 2023: -$7,5152023Revenue 2024: $0Expenses 2024: $2,552Net Income 2024: -$2,5522024

Highlighted filing

2024

Revenue$0
Expenses$2,552
Net Income-$2,552
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$15,416
Liabilities
$0
Net assets
$15,416
Revenue
$0
Expenses
$2,552
Net income
-$2,552
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.00$0.15$0.00$0.03$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.00$0.08$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.00$0.08$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.08$0.09$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.20$0.34$0.05$0.73$0.78
2018Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$1.45$1.54$0.08
2017Detailed filing. Detailed filing data is available for this year.$1.22$0.02$1.20$1.52$1.44$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.03$1.12$1.47$1.31$0.17
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.06$0.95$1.73$1.09$0.63
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.07$0.32$1.67$1.75$0.08
2013Summary only. Only limited summary data is available for this year.$0.45$0.05$0.40$1.44$1.17$0.27
2012Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$1.19$1.18$0.01
2011Summary only. Only limited summary data is available for this year.$0.43$0.00$0.43$1.50$1.25$0.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 11, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

BUSINESS NETWORKING

BUISNESS NETWORKING

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,968$15,416▼ $2,552
Rtn Earn Endowment Incm Other Fnds$17,968$15,416▼ $2,552
Total Assets$17,968$15,416▼ $2,552
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$17,968$15,416▼ $2,552
Total Liabilities and Net Assets / Fund Balance$17,968$15,416▼ $2,552
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
32 Officers and Directors Part TimeVounteer - Pt
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,552
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,552
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance---$2,278
Office Expenses---$209
Other Expenses---$65
Total Functional Expenses$0$0$0$2,552
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Conflict-of-interest policy
No
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

“Annual financial statements are prepared by the treasurer and reviewed at year end in detail by the board. The form 990 reporting those statements is prepared by the treasurer and is not reviewed by the board.”

Form 990, Part VI, Section B, Line 15A

“There are no paid employees. Board members and directors are volunteers from the business community annd perform any services necessary.”

Form 990, Part VI, Section C, Line 19

“Financial statements are not made available to the public. Goverance documents are available to members upon request.”

Form 990, Part VI, Section A, Line 8B

“The organization does not document meetings held by commitee. Committee reports are given at board meetings and are documented in the minutes of such meetings.”

Filing and Contact Details

Filer

Filer Name
Advancement for Commerce Industry & Technology Inc
EIN
11-2195994
Phone
6317891660
Address
PO BOX 220, Huntington, NY 11743

Signing Officer

Name
Robert S Posner
Title
Treasurer
Phone
6317891660
Signed
2025-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert S Posner
Formed
1964
Legal Domicile
Ny
Voting Board Members
33
Independent Board Members
33
Employees
0

Preparer

Firm
Smaj LLC
Address
PO BOX 642, NORTHPORT, NY 11768
Preparer
Robert S Posner
Phone
6313273952
Raw XML Appendix246 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/BooksInCareOfDetail/PhoneNum06313273952
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IRS990/BooksInCareOfDetail/USAddress/CityNm0EAST NORTHPORT
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IRS990/DescribedInSection501c3Ind0false
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IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
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IRS990/ForeignOfficeInd0false
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0VOUNTEER - PT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt033
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt033
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt02278
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0BUISNESS NETWORKING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt017968
IRS990/NetAssetsOrFundBalancesEOYAmt015416
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/NondeductibleContriDisclInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt0209
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0WEBSITE AND ADVERTISING
IRS990/OtherExpensesGrp/TotalAmt065
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliciesReferenceChaptersInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROBERT S POSNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt07515
IRS990/PYRevenuesLessExpensesAmt0-7515
IRS990/PYTotalExpensesAmt07515
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2552
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt017968
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNUAL FINANCIAL STATEMENTS ARE PREPARED BY THE TREASURER AND REVIEWED AT YEAR END IN DETAIL BY THE BOARD. THE FORM 990 REPORTING THOSE STATEMENTS IS PREPARED BY THE TREASURER AND IS NOT REVIEWED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE ARE NO PAID EMPLOYEES. BOARD MEMBERS AND DIRECTORS ARE VOLUNTEERS FROM THE BUSINESS COMMUNITY ANND PERFORM ANY SERVICES NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. GOVERANCE DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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