Civic Intelligence

Solo Foundation

990EZ • Fiscal year 2015 • EIN 11-2547289

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

230 West 38th StreetNew York, NY 10018

(212) 643-2036

Siviq Scores

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

Liabilities / Assets

81st percentile

0.18x

Higher debt load relative to assets than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

0.45x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

59th percentile

7.1%

Faster asset growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-59%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$167,513

Up $11,059 (+7.1%) from 2014

Net Assets

Down

$137,513

Down $18,941 (-12%) from 2014

Liabilities

Up

$30,000

Up $30,000 from 2014

Revenue

Down

$66,757

Down $95,168 (-59%) from 2014

Expenses

Down

$55,698

Down $94,391 (-63%) from 2014

Net Income

Down

$11,059

Down $777 (-6.6%) from 2014

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $244,140Liabilities 2010: $30,000Net Assets 2010: $214,1402010Assets 2011: $261,570Liabilities 2011: $45,000Net Assets 2011: $216,5702011Assets 2012: $171,618Liabilities 2012: $0Net Assets 2012: $171,6182012Assets 2013: $144,618Liabilities 2013: $0Net Assets 2013: $144,6182013Assets 2014: $156,454Liabilities 2014: $0Net Assets 2014: $156,4542014Assets 2015: $167,513Liabilities 2015: $30,000Net Assets 2015: $137,5132015Assets 2018: $93,585Liabilities 2018: $21,000Net Assets 2018: $72,5852018Assets 2019: $126,507Liabilities 2019: $21,000Net Assets 2019: $105,5072019Assets 2020: $151,846Liabilities 2020: $31,000Net Assets 2020: $120,8462020Assets 2021: $117,786Liabilities 2021: $15,000Net Assets 2021: $102,7862021Assets 2022: $269,333Liabilities 2022: $117,500Net Assets 2022: $151,8332022Assets 2023: $153,913Liabilities 2023: $6,700Net Assets 2023: $147,2132023

Highlighted filing

2015

Assets$167,513
Liabilities$30,000
Net Assets$137,513

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2010: $158,379Expenses 2010: $92,643Net Income 2010: $65,7362010Revenue 2011: $172,377Expenses 2011: $169,947Net Income 2011: $2,4302011Expenses 2012: $264,6872012Revenue 2013: $303,495Expenses 2013: $330,495Net Income 2013: -$27,0002013Revenue 2014: $161,925Expenses 2014: $150,089Net Income 2014: $11,8362014Revenue 2015: $66,757Expenses 2015: $55,698Net Income 2015: $11,0592015Revenue 2018: $131,352Expenses 2018: $139,222Net Income 2018: -$7,8702018Revenue 2019: $124,599Expenses 2019: $91,677Net Income 2019: $32,9222019Revenue 2020: $244,635Expenses 2020: $229,296Net Income 2020: $15,3392020Revenue 2021: $84,021Expenses 2021: $102,081Net Income 2021: -$18,0602021Revenue 2022: $125,433Expenses 2022: $76,386Net Income 2022: $49,0472022Revenue 2023: $155,400Expenses 2023: $160,020Net Income 2023: -$4,6202023

Highlighted filing

2015

Revenue$66,757
Expenses$55,698
Net Income$11,059
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$66,757
Mission and Program Overview

Mission

To encourage and promote public interest in the visual and performing arts

Program Services

DescriptionGrantsExpenses
Visual and Performing Arts: Our ongoing work as a fiscal sponsor and incubator of start up not for profit organizations continued with our assistance to individual artists our support of other art programs and the management of our endowment and art collection.-$8,828
FERRO GRUMLEY LITERARY AWARDS: THE FERRO-GRUMLEY AWARD IS AN ANNUAL LITERARY AWARD, PRESENTED BY PUBLISHING TRIANGLE AND THE FERRO-GRUMLEY FOUNDATION TO A BOOK DEEMED THE YEAR'S BEST WORK OF LGBT FICTION.-$5,150
See List of Grants/Disbursements--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HOWARD F SELIGMANPresidentPT$0--
DMITRIY GOYKHMAN CPATreasurer-$0--
JOSEPH H LILLY ESQSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Solo Foundation Inc
EIN
11-2547289
Phone
2126432036
Address
230 West 38th Street, New York, NY 10018

Signing Officer

Name
Howard Seligman
Title
President
Phone
2126432036
Signed
2016-05-10

Preparer

Firm
Howard Seligman
Address
230 West 38th Street 14th Floor, NEW YORK, NY 10018
Preparer
Howard Seligman
Phone
2126432036
Supplemental Narrative

Additional Explanations

Pt V, Line 35B

There was no unrelated business income

Form 990EZ, Part I, Line 10

To Support The Shandanken Project; Artist Residency; : , , , ; , 6873.

Form 990EZ, Part I, Line 10

Ferro Grumley Literary Awards; Literature; : , , , ; , 5150.

Form 990EZ, Part I, Line 10

Juliette Mapp Dance; Live Performance; : , , , ; , 1000.

Form 990EZ, Part I, Line 10

To Support Penny Arcade; Live Performance; : , , , ; , 955.

Form 990EZ, Part I, Line 16

Office Equipment 1912.

Form 990EZ, Part I, Line 16

Insurance 430.

Form 990EZ, Part I, Line 16

State Fee 75.

Form 990EZ, Part I, Line 20

Write Off of Bad Loan to Art Battles -30000.

Form 990EZ, Part II, Line 24

Artworks Purchased (Foundation Collection) 46145. 47995.

Form 990EZ, Part II, Line 24

Loans to Artists (Art Battles Program) 30000. 0.

Form 990EZ, Part II, Line 24

Investment in Market Hotel Projects 30000. 30000.

Form 990EZ, Part II, Line 24

Investment in Camayak (Related For Profit) 20000. 20000.

Form 990EZ, Part II, Line 24

Loans (Advances) to Daylight Magazine 9000. 9000.

Form 990EZ, Part II, Line 24

Loans to Individual Artists (various) 3000. 12327.

Form 990EZ, Part II, Line 24

Grants Payable (to Ferro Grumley) 0. 19350.

Form 990EZ, Part II, Line 26

Loans from Officer (Howard F. Seligman) 30000.

Raw XML Appendix187 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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IRS990EZ/BooksInCareOfDetail/PhoneNum02126432036
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New York
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010018
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0156454
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HOWARD F SELIGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DMITRIY GOYKHMAN CPA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOSEPH H LILLY ESQ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0138145
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0138672
IRS990EZ/OtherChangesInNetAssetsAmt0-30000
IRS990EZ/OtherExpensesTotalAmt02417
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To encourage and promote public interest in the visual and performing arts
IRS990EZ/ProgramServiceRevenueAmt041472
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Visual and Performing Arts: Our ongoing work as a fiscal sponsor and incubator of start up not for profit organizations continued with our assistance to individual artists our support of other art programs and the management of our endowment and art collection.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FERRO GRUMLEY LITERARY AWARDS: THE FERRO-GRUMLEY AWARD IS AN ANNUAL LITERARY AWARD, PRESENTED BY PUBLISHING TRIANGLE AND THE FERRO-GRUMLEY FOUNDATION TO A BOOK DEEMED THE YEAR'S BEST WORK OF LGBT FICTION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2See List of Grants/Disbursements
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08828
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt15150
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt034917
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt030000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt055698
IRS990EZ/TotalProgramServiceExpensesAmt013978
IRS990EZ/TotalRevenueAmt066757
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.solofoundation.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025285
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0125036
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0278495
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0696528
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt041472
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt025000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt071900
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt052500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0227761
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.01510
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.98490
IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt066757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0161925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0303495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0219735
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0172377
IRS990ScheduleA/Total509Grp/TotalAmt0924289
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0924289
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There was no unrelated business income
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1To Support The Shandanken Project; Artist Residency; : , , , ; , 6873.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Ferro Grumley Literary Awards; Literature; : , , , ; , 5150.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Juliette Mapp Dance; Live Performance; : , , , ; , 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4To Support Penny Arcade; Live Performance; : , , , ; , 955.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Office Equipment 1912.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance 430.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7State Fee 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Write Off of Bad Loan to Art Battles -30000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Artworks Purchased (Foundation Collection) 46145. 47995.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Loans to Artists (Art Battles Program) 30000. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Investment in Market Hotel Projects 30000. 30000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Investment in Camayak (Related For Profit) 20000. 20000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Loans (Advances) to Daylight Magazine 9000. 9000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Loans to Individual Artists (various) 3000. 12327.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Grants Payable (to Ferro Grumley) 0. 19350.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Loans from Officer (Howard F. Seligman) 30000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 35b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 10
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 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0HOWARD SELIGMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02126432036
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Solo Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0SOLO
ReturnHeader/Filer/EIN0112547289
ReturnHeader/Filer/PhoneNum02126432036
ReturnHeader/Filer/USAddress/AddressLine1Txt0230 West 38th Street
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOWARD SELIGMAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0230 West 38th Street 14th Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02126432036
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOWARD SELIGMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-08-05T07:03:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.07$1.47$1.55$1.60$0.05
2022Detailed filing. Detailed filing data is available for this year.$2.69$1.18$1.52$1.25$0.76$0.49
2021Detailed filing. Detailed filing data is available for this year.$1.18$0.15$1.03$0.84$1.02$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.31$1.21$2.45$2.29$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.21$1.06$1.25$0.92$0.33
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.21$0.73$1.31$1.39$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.30$1.38$0.67$0.56$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$1.62$1.50$0.12
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.45$0.00$1.45$3.03$3.30$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.00$1.72$2.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.62$0.45$2.17$1.72$1.70$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.30$2.14$1.58$0.93$0.66