Civic Intelligence

King Manor Association of Long Island Inc.

990 • Fiscal year 2018 • EIN 11-2396324

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

90-04 161st Street No 704Jamaica, NY 11432

(718) 206-0545

Siviq Scores

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

Liabilities / Assets

78th percentile

0.22x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.13x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Net Margin

23rd percentile

-11%

Higher net margin than 23% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Top Officer Pay

96th percentile

$58,075

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

2018 filings • NTEE A • <$500k nonprofits • Source year 2018

Asset Growth

26th percentile

-13%

Faster asset growth than 26% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

31st percentile

-13%

Faster revenue growth than 31% of similar nonprofits.

2018 filings • NTEE A • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$146,860

Down $21,936 (-13%) from 2017

Net Assets

Down

$114,834

Down $26,184 (-19%) from 2017

Liabilities

Up

$32,026

Up $4,248 (+15%) from 2017

Revenue

Down

$240,980

Down $37,173 (-13%) from 2017

Expenses

Up

$267,164

Up $7,283 (+2.8%) from 2017

Net Income

Down

-$26,184

Down $44,456 (-243%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $69,446Liabilities 2010: $42,372Net Assets 2010: $27,0742010Assets 2011: $99,559Liabilities 2011: $40,190Net Assets 2011: $59,3692011Assets 2012: $90,246Liabilities 2012: $26,830Net Assets 2012: $63,4162012Assets 2013: $90,180Liabilities 2013: $25,713Net Assets 2013: $64,4672013Assets 2014: $101,882Liabilities 2014: $28,056Net Assets 2014: $73,8262014Assets 2015: $129,461Liabilities 2015: $29,698Net Assets 2015: $99,7632015Assets 2016: $142,067Liabilities 2016: $34,196Net Assets 2016: $107,8712016Assets 2017: $168,796Liabilities 2017: $27,778Net Assets 2017: $141,0182017Assets 2018: $146,860Liabilities 2018: $32,026Net Assets 2018: $114,8342018Assets 2019: $117,607Liabilities 2019: $45,155Net Assets 2019: $72,4522019Assets 2020: $137,100Liabilities 2020: $28,309Net Assets 2020: $108,7912020Assets 2021: $325,394Liabilities 2021: $132,960Net Assets 2021: $192,4342021Assets 2022: $327,422Liabilities 2022: $137,037Net Assets 2022: $190,3852022Assets 2023: $354,612Liabilities 2023: $144,652Net Assets 2023: $209,9602023Assets 2024: $341,040Liabilities 2024: $195,589Net Assets 2024: $145,4512024

Highlighted filing

2018

Assets$146,860
Liabilities$32,026
Net Assets$114,834

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $190,2652010Expenses 2011: $188,1902011Revenue 2012: $212,970Expenses 2012: $208,923Net Income 2012: $4,0472012Revenue 2013: $238,729Expenses 2013: $237,678Net Income 2013: $1,0512013Revenue 2014: $246,003Expenses 2014: $236,644Net Income 2014: $9,3592014Revenue 2015: $268,202Expenses 2015: $242,265Net Income 2015: $25,9372015Revenue 2016: $257,036Expenses 2016: $248,928Net Income 2016: $8,1082016Revenue 2017: $278,153Expenses 2017: $259,881Net Income 2017: $18,2722017Revenue 2018: $240,980Expenses 2018: $267,164Net Income 2018: -$26,1842018Revenue 2019: $240,584Expenses 2019: $282,966Net Income 2019: -$42,3822019Revenue 2020: $276,981Expenses 2020: $289,657Net Income 2020: -$12,6762020Revenue 2021: $388,605Expenses 2021: $341,115Net Income 2021: $47,4902021Revenue 2022: $348,817Expenses 2022: $350,866Net Income 2022: -$2,0492022Revenue 2023: $406,001Expenses 2023: $386,426Net Income 2023: $19,5752023Revenue 2024: $393,329Expenses 2024: $407,767Net Income 2024: -$14,4382024

Highlighted filing

2018

Revenue$240,980
Expenses$267,164
Net Income-$26,184
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$240,980
Mission and Program Overview

Mission

To involve and educate children and adults in local and national history through an innovative presentation of King Manor and its collection in the context of life in Jamaica, Queens and the United States in the early 19th century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$149,608$128,553▼ $21,055
Pledges and Grants Receivable$8,950$14,200▲ $5,250
Land, Buildings, and Equipment, Net$3,946$2,799▼ $1,147
Prepaid Expenses and Deferred Charges$3,292$1,208▼ $2,084
Accounts Receivable$3,000$100▼ $2,900
Total Assets$168,796$146,860▼ $21,936
Liabilities
Accounts Payable and Accrued Expenses$17,778$22,026▲ $4,248
Other Liabilities$10,000$10,000→ $0
Total Liabilities$27,778$32,026▲ $4,248
Net Assets / Fund Balance
Unrestricted Net Assets$141,018$114,834▼ $26,184
Total Net Assets Fund Balance$141,018$114,834▼ $26,184
Total Liabilities and Net Assets / Fund Balance$168,796$146,860▼ $21,936

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,799$150,582$153,381
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nadezhda WilliamsExecutive DirectorFT$58,075$58,075

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$197,614
Program Service Revenue
$26,018
Investment Income
$3
Other Revenue
$17,345
All Other Contributions
$93,922
Change in Net Assets
$-26,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$240,980
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$240,980
Total Revenue per Form 990
$240,980
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$179,464
Other Expenses$87,700
Total Fundraising Expense$76,082
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,142--$106,142
Current Officers, Directors, Trustees, and Key Employees$11,034$10,454$36,587$58,075
Payroll Taxes$9,905$866$3,030$13,801
Insurance$11,928--$11,928
Office Expenses$6,597$2,260-$8,857
Fees for Services Accounting-$8,250-$8,250
All Other Expenses$3,479$326-$3,805
Other Expenses$3,677$3,759$7,631$3,677
Other Employee Benefits$1,143$67$236$1,446
Depreciation Depletion$1,147--$1,147
Total Functional Expenses$165,100$25,982$76,082$267,164

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$267,164
Total Expenses per Audited Statements$267,164
Total Expenses per Form 990$267,164
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$17,345
Fundraising Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Constitution & Cocktails$17,345$17,345-$17,345
Total Events$17,345$17,345-$17,345
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$10,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
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

Governance Explanations

Form 990, Part VI, Section B, line 11B

The Organization's board of directors reviews Form 990 before it is filed with the government.

Form 990, Part VI, Section B, line 12C

Explanation: The Organization's board members sign a Conflict of Interest Statement annually; a report summarizing disclosure statements is provided to the board of directors. The board of directors has also adopted procedures for disclosing conflicts of interest and for following up when conflict occurs.

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

The board of directors meets to consider a competitive salary for the Executive Director.

Form 990, Part VI, Section C, line 19

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
King Manor Association of
EIN
11-2396324
Phone
7182060545
Address
90-04 161st Street No 704, Jamaica, NY 11432

Signing Officer

Name
Richard Gibbs
Title
Chairman
Phone
7182060545
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Walter Sanchez
Formed
1900
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
0
Employees
4
Volunteers
13

Preparer

Firm
Gentile Pismeny & Brengel LLP
Address
1581 Franklin Avenue PO Box 149, Garden City, NY 11530
Preparer
Kyle Brengel
Phone
5164874110
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

This process remains the same as prior year.

Financial Statement Notes

Part X, Line 2:

The Organization is a nonprofit organization that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and classified by the Internal Revenue Service as other than a private foundation. The most significant tax position of the Organization is its assertion that it is exempt from income taxes. Other significant tax positions include its determination of whether any amounts are subject to unrelated business tax (UBIT). Management has determined the Organization had no activities subject to UBIT in the years December 31, 2018 and 2017. All significant tax positions have been considered by management and it has determined that it is more likely than not that all tax positions would be sustained upon examination by taxing authorities. The Organization is required to file Form 990 (return of Organization Exempt from Income Tax) which is subject to examination by the Internal Revenue Service (IRS) up to three years from the extended due date of the tax return. The forms 990 for 2015 through 2017 are open to examination by the IRS as of December 31, 2018.

Schedule D, Part III, Line 4

To support interpretation, exhibitions and educational programming, the King Manor Association of Long Island Inc. maintains a collection of 18th & 19th century furniture, textiles, ceramics, glassware, paintings, prints, books, toys, musical instruments, and artifacts from archeological excavations at this historical site. The value of these collections and exhibits - purchased or contributed - are not reflected on the statement of financial position.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Richard Werber
IRS990/Form990PartVIISectionAGrp/PersonNm1Richard L Gibbs
IRS990/Form990PartVIISectionAGrp/PersonNm2James Vaccaro
IRS990/Form990PartVIISectionAGrp/PersonNm3Steven M Sinacori
IRS990/Form990PartVIISectionAGrp/PersonNm4Gerald J Caliendo
IRS990/Form990PartVIISectionAGrp/PersonNm5Fr Darryl F James
IRS990/Form990PartVIISectionAGrp/PersonNm6Walter H Sanchez
IRS990/Form990PartVIISectionAGrp/PersonNm7Judith Todman
IRS990/Form990PartVIISectionAGrp/PersonNm8Nicole Aloise Frankenstein
IRS990/Form990PartVIISectionAGrp/PersonNm9Susan G Shiroma
IRS990/Form990PartVIISectionAGrp/PersonNm10Daphne Jay Bell
IRS990/Form990PartVIISectionAGrp/PersonNm11Peter Phillips
IRS990/Form990PartVIISectionAGrp/PersonNm12Peter Florey
IRS990/Form990PartVIISectionAGrp/PersonNm13Simon H Rothkrug
IRS990/Form990PartVIISectionAGrp/PersonNm14Carl Mattone
IRS990/Form990PartVIISectionAGrp/PersonNm15Peter Byrne
IRS990/Form990PartVIISectionAGrp/PersonNm16Thomas J Grech
IRS990/Form990PartVIISectionAGrp/PersonNm17Amir Sobhraj
IRS990/Form990PartVIISectionAGrp/PersonNm18Anna-Marie Vallone
IRS990/Form990PartVIISectionAGrp/PersonNm19Leslie Wickham
IRS990/Form990PartVIISectionAGrp/PersonNm20Nadezhda Williams
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Executive Director
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To involve and educate children and adults in local and national history through an innovative presentation of King Manor and its collection in the context of life in Jamaica, Queens and the United States in the early 19th century.
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IRS990/PrincipalOfficerNm0Walter Sanchez
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0213776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0223114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0204940
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0150582
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0153381

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.41$1.96$1.45$3.93$4.08$0.14
2023Detailed filing. Detailed filing data is available for this year.$3.55$1.45$2.10$4.06$3.86$0.20
2022Detailed filing. Detailed filing data is available for this year.$3.27$1.37$1.90$3.49$3.51$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.25$1.33$1.92$3.89$3.41$0.47
2020Detailed filing. Detailed filing data is available for this year.$1.37$0.28$1.09$2.77$2.90$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.18$0.45$0.72$2.41$2.83$0.42
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.32$1.15$2.41$2.67$0.26
2017Detailed filing. Detailed filing data is available for this year.$1.69$0.28$1.41$2.78$2.60$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.42$0.34$1.08$2.57$2.49$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.29$0.30$1.00$2.68$2.42$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.28$0.74$2.46$2.37$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.90$0.26$0.64$2.39$2.38$0.01
2012Summary only. Only limited summary data is available for this year.$0.90$0.27$0.63$2.13$2.09$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$0.40$0.59$1.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.42$0.27$1.90