Civic Intelligence

Sesame Flyers International Inc.

990 • Fiscal year 2020 • EIN 11-2692485

Jul 01, 2019 to Jun 30, 2020 • Filed on May 15, 2021

3510 Church AveBrooklyn, NY 11203

(718) 693-0500

Siviq Scores

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

Liabilities / Assets

95th percentile

0.88x

Higher debt load relative to assets than 95% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

44th percentile

0.12x

Higher debt load relative to revenue than 44% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Net Margin

53rd percentile

6.3%

Higher net margin than 53% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

91st percentile

$179,998

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2020 filings • NTEE A • $1M-$5M nonprofits • Source year 2020

Asset Growth

6th percentile

-15%

Faster asset growth than 6% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

5.1%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$417,993

Down $71,878 (-15%) from 2019

Net Assets

Up

$50,192

Up $190,506 (+136%) from 2019

Liabilities

Down

$367,801

Down $262,384 (-42%) from 2019

Revenue

Up

$3,041,074

Up $147,545 (+5.1%) from 2019

Expenses

Down

$2,850,568

Down $21,756 (-0.8%) from 2019

Net Income

Up

$190,506

Up $169,301 (+798%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2011: $483,198Liabilities 2011: $1,144,145Net Assets 2011: -$660,9472011Assets 2012: $376,628Liabilities 2012: $904,983Net Assets 2012: -$528,3552012Assets 2013: $258,380Liabilities 2013: $875,395Net Assets 2013: -$617,0152013Assets 2014: $294,247Liabilities 2014: $1,139,695Net Assets 2014: -$845,4482014Assets 2015: $235,350Liabilities 2015: $1,216,595Net Assets 2015: -$981,2452015Assets 2016: $297,152Liabilities 2016: $1,421,550Net Assets 2016: -$1,124,3982016Assets 2017: $394,303Liabilities 2017: $597,418Net Assets 2017: -$203,1152017Assets 2018: $657,369Liabilities 2018: $818,888Net Assets 2018: -$161,5192018Assets 2019: $489,871Liabilities 2019: $630,185Net Assets 2019: -$140,3142019Assets 2020: $417,993Liabilities 2020: $367,801Net Assets 2020: $50,1922020Assets 2021: $718,920Liabilities 2021: $637,314Net Assets 2021: $81,6062021Assets 2022: $1,267,794Liabilities 2022: $823,806Net Assets 2022: $443,9882022Assets 2023: $539,335Liabilities 2023: $1,231,566Net Assets 2023: -$692,2312023Assets 2024: $1,701,726Liabilities 2024: $1,649,175Net Assets 2024: $52,5512024

Highlighted filing

2020

Assets$417,993
Liabilities$367,801
Net Assets$50,192

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,914,804Expenses 2011: $2,494,092Net Income 2011: -$579,2882011Revenue 2012: $1,991,868Expenses 2012: $2,186,464Net Income 2012: -$194,5962012Revenue 2013: $1,960,263Expenses 2013: $2,127,518Net Income 2013: -$167,2552013Revenue 2014: $2,132,624Expenses 2014: $2,361,057Net Income 2014: -$228,4332014Revenue 2015: $2,761,365Expenses 2015: $2,909,521Net Income 2015: -$148,1562015Revenue 2016: $2,750,136Expenses 2016: $2,893,289Net Income 2016: -$143,1532016Revenue 2017: $2,402,208Expenses 2017: $2,397,256Net Income 2017: $4,9522017Revenue 2018: $2,440,888Expenses 2018: $2,425,880Net Income 2018: $15,0082018Revenue 2019: $2,893,529Expenses 2019: $2,872,324Net Income 2019: $21,2052019Revenue 2020: $3,041,074Expenses 2020: $2,850,568Net Income 2020: $190,5062020Revenue 2021: $2,810,501Expenses 2021: $2,779,087Net Income 2021: $31,4142021Revenue 2022: $4,096,014Expenses 2022: $3,733,632Net Income 2022: $362,3822022Revenue 2023: $3,531,500Expenses 2023: $4,210,940Net Income 2023: -$679,4402023Revenue 2024: $4,468,271Expenses 2024: $4,109,950Net Income 2024: $358,3212024

Highlighted filing

2020

Revenue$3,041,074
Expenses$2,850,568
Net Income$190,506
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 15, 2021
Return Version
2019v5.1
Gross Receipts
$3,041,074
Mission and Program Overview

Mission

To provide a range of youth development, cultural, social welfare and supportive services to individuals and families residing in brooklyn, new york.

To provide a range of youth development, cultural, social welfare and supportive sevices to individuals and families in brooklyn, ny.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$337,354$283,899▼ $53,455
Prepaid Expenses and Deferred Charges$145,700$119,500▼ $26,200
Cash and Non-Interest-Bearing Accounts$6,817$14,594▲ $7,777
Total Assets$489,871$417,993▼ $71,878
Liabilities
Accounts Payable and Accrued Expenses$367,632$311,268▼ $56,364
Mortgage Notes Payable Secured by Investment Property$125,000$25,000▼ $100,000
Unsecured Notes Loans Payable$18,712$18,486▼ $226
Other Liabilities$118,841$13,047▼ $105,794
Total Liabilities$630,185$367,801▼ $262,384
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-140,314$50,192▲ $190,506
Total Net Assets Fund Balance$-140,314$50,192▲ $190,506
Total Liabilities and Net Assets / Fund Balance$489,871$417,993▼ $71,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings-$200,000-
Equipment-$68,700-
Leasehold Improvements-$15,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Curtis NelsonExecutive DirectorFT$179,998$179,998

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,880,964
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$160,110
All Other Contributions
$87,708
Change in Net Assets
$190,506

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,041,074
Total Revenue per Audited Statements
$3,041,074
Total Revenue per Form 990
$3,041,074
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,112,744
Other Expenses$737,824
Total Fundraising Expense$3,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$1,729,497--$1,729,497
Fees for Services Management$191,461$70,693-$262,154
Current Officers, Directors, Trustees, and Key Employees-$179,998-$179,998
Payroll Taxes$162,033$16,013-$178,046
Travel$60,078$534-$60,612
Insurance$48,908--$48,908
All Other Expenses$17,714$9,494$3,120$30,328
Other Expenses$16,542$10,090$27$26,632
Other Employee Benefits$21,927$3,276-$25,203
Office Expenses$4,925$8,993-$13,918
Conferences and Meetings$10,148$176$229$10,553
Advertising$3,000$185$100$3,285
Interest-$913-$913
Occupancy$480--$480
Total Functional Expenses$2,535,221$311,871$3,476$2,850,568

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,850,568
Total Expenses per Audited Statements$2,850,568
Total Expenses per Form 990$2,850,568
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
Nys Withholding Taxes$13,047
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization elects members to the board of directors. These members vote on the policies, procedures and processes of the organization. The election of new members are recommended by current board members, and subject to vote and approval by the majority members of the board . The organization elects members to the board of directors. These members vote on the policies, procedures and processes of the organization. The election of new members are recommended by current board members, and subject to vote and approval by the majority of members of the board.

Member election for additional members Part VI line 7A

The organization elects members to the board of directors. These members vote on the policies, procedures and processes of the organization. The election of new members are recommended by current board members comma and subject to vote in approval by the majority of members of the board.

Governing body decisions Part VI line 7B

Occasionally, some decisions of the organizations governing body may be subject to approval by funders, particularly by government agencies that provide funding for the many programs operated by the organization.

Governing body meeting documentation Part VI line 8A

The agencys government documents, conflict of interest policy and financial statements are made available for inspection by the general public upon request at the corporate office. Copies of the documents can often be made available by mail to those who requested.

Form 990 governing body review Part VI line 11

The organizations review of the form 990 accuracy against the books and records maintained in connection with financial reporting period upon completion, it is reviewed with executive director prior to providing copies to the members of the board of directors. The documents is then reviewed by the entire board before filing.

Conflict of interest policy compliance Part VI line 12C

The organization regularly and consistently monitors compliance with the policy through interviews with officers, directors and key employees on a bi-annual basis to ensure their adherence to the policy.

CEO executive director top management comp Part VI line 15A

Compensation for the executive director in top management is determined by utilizing comparability data from nonprofit and salary compensation surveys published by the nonprofit industry associations. The surveys are reviewed by the board of directors, paying particular attention to salary ranges and compensation data for organizations of comparative size in mission, prior to voting on a compensation package. In addition any restrictions placed by the funders with regard to salary in composition limits are also complied with.

Other officer or key employee compensation Part VI line 15B

Compensation for other officers or key employees is determined by utilizing comparability data from non profit and salary compensation surveys published by nonprofit industry associations. The surveys are reviewed by the board of directors, paying particular attention to salary ranges and compensation data for organizations of comparative size in mission, prior to voting on a compensation package. In addition any restrictions placed by the funders with regard to salary in composition limits are also complied with.

Form 990 availability to public Part VI line 18

The agencys government documents, conflict of interest policy and financial statements are made available for inspection by the general public upon request at the corporate office. Copies of the documents can often be made available by mail to those who requested.

Governing documents etc available to public Part VI line 19

The agencys government documents, conflict of interest policy and financial statements are made available for inspection by the general public upon request at the corporate office. Copies of the documents can often be made available by mail to those who requested.

Filing and Contact Details

Filer

Filer Name
Sesame Flyers International Inc
EIN
11-2692485
Address
3510 CHURCH AVE, BROOKLYN, NY 11203

Signing Officer

Name
Curtis Nelson
Title
Executive Direc
Phone
7186930500
Signed
2021-05-15
Discuss with paid preparer
No

Organization Details

Formed
1983
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
65

Preparer

Firm
Kevin Dawud Amin LLC
Address
26 HITCHCOCK PLACE, Montclair, NJ 07042
Preparer
Kevin D Amin
Phone
9735690077
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ELECTS MEMBERS TO THE BOARD OF DIRECTORS. THESE MEMBERS VOTE ON THE POLICIES, PROCEDURES AND PROCESSES OF THE ORGANIZATION. THE ELECTION OF NEW MEMBERS ARE RECOMMENDED BY CURRENT BOARD MEMBERS, AND SUBJECT TO VOTE AND APPROVAL BY THE MAJORITY MEMBERS OF THE BOARD . THE ORGANIZATION ELECTS MEMBERS TO THE BOARD OF DIRECTORS. THESE MEMBERS VOTE ON THE POLICIES, PROCEDURES AND PROCESSES OF THE ORGANIZATION. THE ELECTION OF NEW MEMBERS ARE RECOMMENDED BY CURRENT BOARD MEMBERS, AND SUBJECT TO VOTE AND APPROVAL BY THE MAJORITY OF MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ELECTS MEMBERS TO THE BOARD OF DIRECTORS. THESE MEMBERS VOTE ON THE POLICIES, PROCEDURES AND PROCESSES OF THE ORGANIZATION. THE ELECTION OF NEW MEMBERS ARE RECOMMENDED BY CURRENT BOARD MEMBERS COMMA AND SUBJECT TO VOTE IN APPROVAL BY THE MAJORITY OF MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OCCASIONALLY, SOME DECISIONS OF THE ORGANIZATIONS GOVERNING BODY MAY BE SUBJECT TO APPROVAL BY FUNDERS, PARTICULARLY BY GOVERNMENT AGENCIES THAT PROVIDE FUNDING FOR THE MANY PROGRAMS OPERATED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE AGENCYS GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR INSPECTION BY THE GENERAL PUBLIC UPON REQUEST AT THE CORPORATE OFFICE. COPIES OF THE DOCUMENTS CAN OFTEN BE MADE AVAILABLE BY MAIL TO THOSE WHO REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS REVIEW OF THE FORM 990 ACCURACY AGAINST THE BOOKS AND RECORDS MAINTAINED IN CONNECTION WITH FINANCIAL REPORTING PERIOD UPON COMPLETION, IT IS REVIEWED WITH EXECUTIVE DIRECTOR PRIOR TO PROVIDING COPIES TO THE MEMBERS OF THE BOARD OF DIRECTORS. THE DOCUMENTS IS THEN REVIEWED BY THE ENTIRE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS COMPLIANCE WITH THE POLICY THROUGH INTERVIEWS WITH OFFICERS, DIRECTORS AND KEY EMPLOYEES ON A BI-ANNUAL BASIS TO ENSURE THEIR ADHERENCE TO THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION FOR THE EXECUTIVE DIRECTOR IN TOP MANAGEMENT IS DETERMINED BY UTILIZING COMPARABILITY DATA FROM NONPROFIT AND SALARY COMPENSATION SURVEYS PUBLISHED BY THE NONPROFIT INDUSTRY ASSOCIATIONS. THE SURVEYS ARE REVIEWED BY THE BOARD OF DIRECTORS, PAYING PARTICULAR ATTENTION TO SALARY RANGES AND COMPENSATION DATA FOR ORGANIZATIONS OF COMPARATIVE SIZE IN MISSION, PRIOR TO VOTING ON A COMPENSATION PACKAGE. IN ADDITION ANY RESTRICTIONS PLACED BY THE FUNDERS WITH REGARD TO SALARY IN COMPOSITION LIMITS ARE ALSO COMPLIED WITH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION FOR OTHER OFFICERS OR KEY EMPLOYEES IS DETERMINED BY UTILIZING COMPARABILITY DATA FROM NON PROFIT AND SALARY COMPENSATION SURVEYS PUBLISHED BY NONPROFIT INDUSTRY ASSOCIATIONS. THE SURVEYS ARE REVIEWED BY THE BOARD OF DIRECTORS, PAYING PARTICULAR ATTENTION TO SALARY RANGES AND COMPENSATION DATA FOR ORGANIZATIONS OF COMPARATIVE SIZE IN MISSION, PRIOR TO VOTING ON A COMPENSATION PACKAGE. IN ADDITION ANY RESTRICTIONS PLACED BY THE FUNDERS WITH REGARD TO SALARY IN COMPOSITION LIMITS ARE ALSO COMPLIED WITH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE AGENCYS GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR INSPECTION BY THE GENERAL PUBLIC UPON REQUEST AT THE CORPORATE OFFICE. COPIES OF THE DOCUMENTS CAN OFTEN BE MADE AVAILABLE BY MAIL TO THOSE WHO REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE AGENCYS GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR INSPECTION BY THE GENERAL PUBLIC UPON REQUEST AT THE CORPORATE OFFICE. COPIES OF THE DOCUMENTS CAN OFTEN BE MADE AVAILABLE BY MAIL TO THOSE WHO REQUESTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Governing documents etc available to public Part VI line 19
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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.$1.70$1.65$0.05$4.47$4.11$0.36
2023Detailed filing. Detailed filing data is available for this year.$0.54$1.23$0.69$3.53$4.21$0.68
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.82$0.44$4.10$3.73$0.36
2021Detailed filing. Detailed filing data is available for this year.$0.72$0.64$0.08$2.81$2.78$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.42$0.37$0.05$3.04$2.85$0.19
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.63$0.14$2.89$2.87$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.66$0.82$0.16$2.44$2.43$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.60$0.20$2.40$2.40$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.30$1.42$1.12$2.75$2.89$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.24$1.22$0.98$2.76$2.91$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.29$1.14$0.85$2.13$2.36$0.23
2013Summary only. Only limited summary data is available for this year.$0.26$0.88$0.62$1.96$2.13$0.17
2012Summary only. Only limited summary data is available for this year.$0.38$0.90$0.53$1.99$2.19$0.19
2011Summary only. Only limited summary data is available for this year.$0.48$1.14$0.66$1.91$2.49$0.58