Civic Intelligence

The Brooklyn Women'S Exchange Inc

990 • Fiscal year 2019 • EIN 11-2650941

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 12, 2020

55 Pierrepont StreetBrooklyn, NY 11201-2450

(718) 624-3435

Siviq Scores

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

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

48th percentile

0.08x

Higher debt load relative to revenue than 48% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

51st percentile

3.1%

Faster asset growth than 51% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

69th percentile

14%

Faster revenue growth than 69% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,517,286

Up $45,722 (+3.1%) from 2018

Net Assets

Up

$1,505,694

Up $39,445 (+2.7%) from 2018

Liabilities

Up

$11,592

Up $6,277 (+118%) from 2018

Revenue

Up

$150,056

Up $18,949 (+14%) from 2018

Expenses

Up

$110,612

Up $11,307 (+11%) from 2018

Net Income

Up

$39,444

Up $7,642 (+24%) from 2018

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$0Assets 2011: $109,181Liabilities 2011: $545Net Assets 2011: $108,6362011Assets 2012: $187,366Liabilities 2012: $563Net Assets 2012: $186,8032012Assets 2013: $200,283Liabilities 2013: $580Net Assets 2013: $199,7032013Assets 2014: $228,716Liabilities 2014: $644Net Assets 2014: $228,0722014Assets 2015: $259,606Liabilities 2015: $575Net Assets 2015: $259,0312015Assets 2016: $285,473Liabilities 2016: $1,283Net Assets 2016: $284,1902016Assets 2017: $1,442,057Liabilities 2017: $7,609Net Assets 2017: $1,434,4482017Assets 2018: $1,471,564Liabilities 2018: $5,315Net Assets 2018: $1,466,2492018Assets 2019: $1,517,286Liabilities 2019: $11,592Net Assets 2019: $1,505,6942019Assets 2020: $1,532,635Liabilities 2020: $6,017Net Assets 2020: $1,526,6182020Assets 2021: $1,565,039Liabilities 2021: $5,367Net Assets 2021: $1,559,6722021Assets 2022: $1,609,574Liabilities 2022: $5,212Net Assets 2022: $1,604,3622022Assets 2023: $1,625,717Liabilities 2023: $5,538Net Assets 2023: $1,620,1792023Assets 2024: $2,056,172Liabilities 2024: $221,891Net Assets 2024: $1,834,2812024

Highlighted filing

2019

Assets$1,517,286
Liabilities$11,592
Net Assets$1,505,694

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $75,280Expenses 2011: $77,169Net Income 2011: -$1,8892011Expenses 2012: $80,5052012Revenue 2013: $97,790Expenses 2013: $84,890Net Income 2013: $12,9002013Revenue 2014: $107,816Expenses 2014: $79,448Net Income 2014: $28,3682014Revenue 2015: $123,882Expenses 2015: $92,924Net Income 2015: $30,9582015Revenue 2016: $123,056Expenses 2016: $97,897Net Income 2016: $25,1592016Revenue 2017: $1,257,063Expenses 2017: $106,805Net Income 2017: $1,150,2582017Revenue 2018: $131,107Expenses 2018: $99,305Net Income 2018: $31,8022018Revenue 2019: $150,056Expenses 2019: $110,612Net Income 2019: $39,4442019Revenue 2020: $118,991Expenses 2020: $98,067Net Income 2020: $20,9242020Revenue 2021: $126,360Expenses 2021: $93,306Net Income 2021: $33,0542021Revenue 2022: $196,515Expenses 2022: $151,824Net Income 2022: $44,6912022Revenue 2023: $233,803Expenses 2023: $217,986Net Income 2023: $15,8172023Revenue 2024: $262,293Expenses 2024: $198,156Net Income 2024: $64,1372024

Highlighted filing

2019

Revenue$150,056
Expenses$110,612
Net Income$39,444
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 12, 2020
Return Version
2018v3.2
Gross Receipts
$356,116
Mission and Program Overview

Mission

The functional expense of program services incurred to provide a facility and services in fulfillment of the followings, which are the exempt purposes of the organization:1. This activity provides an opportunity for the indigent, disadvantaged, elderly and/or handicapped consignor to sell their handicraft items;2. It contributes to mental health and well-being of the indigent and disadvanged, the elderly and the handicapped by allowing their handcrafted articles to be displayed to the general public; and3. To contribute and encourage the public's understanding and appreciation of American heritage of handcrafted articles.

To provide an opportunity for the indigent, disadvantaged, elderly and/or handicapped consignor to sell their handicraft items.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,459,249$1,498,694▲ $39,445
Investments in Publicly Traded Securities$239,141$1,471,615▲ $1,232,474
Cash and Non-Interest-Bearing Accounts$1,208,562$19,847▼ $1,188,715
Inventories for Sale or Use$20,587$19,667▼ $920
Cap Stk Tr Prin Current Funds$7,000$7,000→ $0
Prepaid Expenses and Deferred Charges$3,274$6,157▲ $2,883
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$1,471,564$1,517,286▲ $45,722
Liabilities
Accounts Payable and Accrued Expenses$4,560$9,071▲ $4,511
Other Liabilities$755$2,521▲ $1,766
Total Liabilities$5,315$11,592▲ $6,277
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,466,249$1,505,694▲ $39,445
Total Liabilities and Net Assets / Fund Balance$1,471,564$1,517,286▲ $45,722
Compensation and Service Providers

Board Members and Trustees

NameTitle
-President
-1st Vice President
Ann Aurigemma2nd Vice President
Melissa Stewart1st Members at Large
-2nd Members at Large
-Assistant Treasurer
-Corresponding Secretary
-Recording Secretary
Lisa LambertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$885
Program Service Revenue
$0
Investment Income
$36,013
Other Revenue
$113,158
Change in Net Assets
$39,444
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$68,819
Salaries, Compensation, and Employee Benefits$39,962
Grants and Similar Amounts Paid$1,831
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$30,090$6,625-$36,715
Insurance$10,803$3,213-$14,016
Fees for Services Other$7,798$219-$8,017
Fees for Services Accounting$7,155$795-$7,950
Occupancy$6,287$380-$6,667
Other Expenses$3,965$283-$4,248
Office Expenses$3,486$317-$3,803
Payroll Taxes$2,661$586-$3,247
Information Technology$2,749$425-$3,174
Conferences and Meetings$2,188--$2,188
Grants to Domestic Orgs$1,831--$1,831
Advertising$1,690$19-$1,709
All Other Expenses$6$183-$189
Total Functional Expenses$95,455$15,157$0$110,612
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
Sales Tax Payable$2,192
Payroll Liability$329
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The organization has Members

Form 990, Part VI, Section A, line 7A

Full membership elects governing body

Form 990, Part VI, Section A, line 7B

Election of officers is done by full membership, not just governing body.

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

The governing body reviews the tax return before its filing.

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

The governing body periodically monitors and enforces the compliance with the conflict of interest.

Form 990, Part VI, Section C, line 19

The Organization didn't publish its governming documents, policies, or financial statement to the public, but will provide a copy upon request.

Form 990, Part VIII, Line 3

The Organization's investment income consists primarily of dividends, interest and gain on sale of securities.

Filing and Contact Details

Filer

Filer Name
The Brooklyn Women's Exchange Inc
EIN
11-2650941
Phone
7186243435
Address
55 Pierrepont Street, Brooklyn, NY 11201-2450

Signing Officer

Name
Lisa Lambert
Title
Treasurer
Phone
7186243435
Signed
2020-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lisa Lambert
Formed
1965
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
18
Volunteers
0

Preparer

Firm
Ysl & Associates
Address
11 Broadway Suite 700, New York, NY 10004
Preparer
Charles S Yi
Phone
2122320122
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

The Organization's unrelated business incomes are merely investment incomes from trading of public securities.

Form 990, Part IX, Line 11G

The Organization's fee for service consists primarily of bank fee and credit card merchant fee.

Raw XML AppendixShowing 400 of 434 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.

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IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0113158
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01459249
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01498694
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0885
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01185
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01295
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05865
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt036013
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt024173
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05984
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt012397
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015866
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt094433
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt036013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt024173
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05984
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt012397
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt015866
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt094433
IRS990ScheduleA/InvestmentIncomeCYPct00.03480
IRS990ScheduleA/InvestmentIncomePYPct00.02410
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01151377
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01151377
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.54140
IRS990ScheduleA/PublicSupportPY509Pct00.54090
IRS990ScheduleA/PublicSupportTotal509Amt01470993
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt0319218
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt0291660
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt0280506
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0284203
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt0289541
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt01465128
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0320103
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0292960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0281691
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0285498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0290741
IRS990ScheduleA/Total509Grp/TotalAmt01470993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0356116
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0317133
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01439052
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0297895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0306607
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02716803
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02192
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1329
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Sales Tax Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liability
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt02521
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization's unrelated business incomes are merely investment incomes from trading of public securities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Full membership elects governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Election of officers is done by full membership, not just governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The governing body reviews the tax return before its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing body periodically monitors and enforces the compliance with the conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Organization didn't publish its governming documents, policies, or financial statement to the public, but will provide a copy upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Organization's investment income consists primarily of dividends, interest and gain on sale of securities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Organization's fee for service consists primarily of bank fee and credit card merchant fee.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part V, Line 3b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VIII, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01471564
IRS990/TotalAssetsEOYAmt01517286
IRS990/TotalAssetsGrp/BOYAmt01471564
IRS990/TotalAssetsGrp/EOYAmt01517286
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0885
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015157
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095455
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110612
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05315
IRS990/TotalLiabilitiesEOYAmt011592
IRS990/TotalLiabilitiesGrp/BOYAmt05315
IRS990/TotalLiabilitiesGrp/EOYAmt011592
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01466249
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01505694
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt095455
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt036013
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0113158
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0150056
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01471564
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01517286
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt055 Pierrepont Street
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd0112012450
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0http://www.brooklyn-womens-exchange.org
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.22$1.83$0.26$0.20$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.63$0.01$1.62$0.23$0.22$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.01$1.60$0.20$0.15$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.56$0.13$0.09$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.01$1.53$0.12$0.10$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.52$0.01$1.51$0.15$0.11$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.01$1.47$0.13$0.10$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.43$1.26$0.11$1.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.00$0.28$0.12$0.10$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.26$0.12$0.09$0.03
2014Summary only. Only limited summary data is available for this year.$0.23$0.00$0.23$0.11$0.08$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.10$0.08$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.08
2011Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$0.08$0.08$0.00