Civic Intelligence

Treasure Island

990 • Fiscal year 2017 • EIN 11-2725055

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 01, 2018

347 74th StreetBrooklyn, NY 11209

(718) 238-7676

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

55th percentile

4.8%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

38th percentile

$14,024

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

87th percentile

34%

Faster asset growth than 87% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

1.3%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$284,679

Up $72,673 (+34%) from 2016

Net Assets

Up

$284,679

Up $72,673 (+34%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$1,000,147

Up $12,612 (+1.3%) from 2016

Expenses

Up

$952,408

Up $57,252 (+6.4%) from 2016

Net Income

Down

$47,739

Down $44,640 (-48%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $99,999Liabilities 2011: $0Net Assets 2011: $99,9992011Assets 2012: $129,094Liabilities 2012: $0Net Assets 2012: $129,0942012Assets 2013: $97,542Liabilities 2013: $0Net Assets 2013: $97,5422013Assets 2014: $105,189Liabilities 2014: $0Net Assets 2014: $105,1892014Assets 2015: $112,322Liabilities 2015: $0Net Assets 2015: $112,3222015Assets 2016: $212,006Liabilities 2016: $0Net Assets 2016: $212,0062016Assets 2017: $284,679Liabilities 2017: $0Net Assets 2017: $284,6792017Assets 2018: $313,416Liabilities 2018: $0Net Assets 2018: $313,4162018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2017

Assets$284,679
Liabilities$0
Net Assets$284,679

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2011: $740,2642011Expenses 2012: $825,6212012Revenue 2013: $770,651Expenses 2013: $757,607Net Income 2013: $13,0442013Revenue 2014: $793,492Expenses 2014: $785,845Net Income 2014: $7,6472014Revenue 2015: $837,556Expenses 2015: $830,423Net Income 2015: $7,1332015Revenue 2016: $987,535Expenses 2016: $895,156Net Income 2016: $92,3792016Revenue 2017: $1,000,147Expenses 2017: $952,408Net Income 2017: $47,7392017Revenue 2018: $1,067,189Expenses 2018: $1,010,923Net Income 2018: $56,2662018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019

Highlighted filing

2017

Revenue$1,000,147
Expenses$952,408
Net Income$47,739
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 1, 2018
Return Version
2017v2.2
Gross Receipts
$1,000,147
Mission and Program Overview

Mission

To educate youngsters between ages 2-5 in a warm & safe envirinment

To educate yougsters between ages 2-5 in a warm & safe envirinment by using toys, games, art, etc

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$212,006$284,679▲ $72,673
Total Assets$212,006$284,679▲ $72,673
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$212,006$284,679▲ $72,673
Total Net Assets Fund Balance$212,006$284,679▲ $72,673
Total Liabilities and Net Assets / Fund Balance$212,006$284,679▲ $72,673
Compensation and Service Providers

Employees

NameTitleBaseTotal
R FeldmanPresident$14,024$14,024

Board Members and Trustees

NameTitle
Marc SilbermanVice President
Mark FeldmanSecretary
Beatrice HassingerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,000,147
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$47,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$556,867
Other Expenses$330,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$497,327$0$0$497,327
Occupancy$120,532$0$0$120,532
All Other Expenses$86,482$16,707$0$103,189
Benefits to Members$65,064--$65,064
Payroll Taxes$45,516$0$0$45,516
Other Expenses$33,029$0$0$33,029
Insurance$20,813$0$0$20,813
Office Expenses$16,942$0$0$16,942
Current Officers, Directors, Trustees, and Key Employees$14,024$0$0$14,024
Advertising$6,466$0$0$6,466
Fees for Services Accounting$4,153$0$0$4,153
Total Functional Expenses$935,701$16,707$0$952,408
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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
Filing and Contact Details

Filer

Filer Name
Treasure Island
EIN
11-2725055
Phone
7182387676
Address
347 74TH STREET, Brooklyn, NY 11209

Signing Officer

Name
Marc Silberman
Title
V President
Phone
7182387676
Signed
2018-04-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Silberman
Formed
1985
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
0
Employees
18
Volunteers
2

Preparer

Firm
Koloden and Harris
Address
7308 18th Ave, Brooklyn, NY 11204
Preparer
Michael Koloden
Phone
7183605337
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

990 is reviewd by the board members

Other

Part III, 1: THE TREASURE ISLAND PRESCHOOL WAS ESTABLISHED IN 1985 AS A SMALL, NON-FOR-PROFIT PRESCHOOL PROGRAM SERVING CHILDREN AGES TWO THROUGH FOUR IN THE BAY RIDGE COMMUNITY OF BROOKLYN. PROGRAMS PRIMARY SOURCE OF REVENUE IS TUITION COLLECTED FROM THE FAMILIES ENROLLED IN THE PROGRAM AS WELL AS A NEW YORK CITY UNIVERSAL PRE-K PROGRAM. THE SCHOOL ALSO PARTICIPATE IN THE NEW YORK CITY VOUCHERING, PROGRAM WHERE FAMILIES THAT QUALIFY WILL HAVE THEIR TUITION SUBSIDIZED BY THE AGENCY FOR CHILDREN'S SERVICES.

Form 990, Part IX, Line 24E

Repairs and maintenance 4015. 0. 4015. 0.

Form 990, Part IX, Line 24E

School supplies 12134. 12134. 0. 0.

Form 990, Part IX, Line 24E

Permits/testing 1496. 1496. 0. 0.

Form 990, Part IX, Line 24E

MISC 2114. 2114. 0. 0.

Form 990, Part IX, Line 24E

Reimbursment expenses 59995. 59995. 0. 0.

Form 990, Part IX, Line 24E

Donations 745. 745. 0. 0.

Form 990, Part IX, Line 24E

School pictures 2331. 2331. 0. 0.

Form 990, Part IX, Line 24E

Cleaning 12692. 0. 12692. 0.

Form 990, Part IX, Line 24E

Refunds 3868. 3868. 0. 0.

Form 990, Part IX, Line 24E

Professional development 3799. 3799. 0. 0.

Raw XML Appendix347 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/Form990PartVIISectionAGrp/PersonNm2MARK FELDMAN
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
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IRS990/MembersOrStockholdersInd0false
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IRS990/NondeductibleContributionsInd0false
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 is reviewd by the board members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Part III, 1: THE TREASURE ISLAND PRESCHOOL WAS ESTABLISHED IN 1985 AS A SMALL, NON-FOR-PROFIT PRESCHOOL PROGRAM SERVING CHILDREN AGES TWO THROUGH FOUR IN THE BAY RIDGE COMMUNITY OF BROOKLYN. PROGRAMS PRIMARY SOURCE OF REVENUE IS TUITION COLLECTED FROM THE FAMILIES ENROLLED IN THE PROGRAM AS WELL AS A NEW YORK CITY UNIVERSAL PRE-K PROGRAM. THE SCHOOL ALSO PARTICIPATE IN THE NEW YORK CITY VOUCHERING, PROGRAM WHERE FAMILIES THAT QUALIFY WILL HAVE THEIR TUITION SUBSIDIZED BY THE AGENCY FOR CHILDREN'S SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REPAIRS AND MAINTENANCE 4015. 0. 4015. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SCHOOL SUPPLIES 12134. 12134. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERMITS/TESTING 1496. 1496. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISC 2114. 2114. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6REIMBURSMENT EXPENSES 59995. 59995. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DONATIONS 745. 745. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SCHOOL PICTURES 2331. 2331. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CLEANING 12692. 0. 12692. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10REFUNDS 3868. 3868. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PROFESSIONAL DEVELOPMENT 3799. 3799. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0212006
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0284679
IRS990/TotalProgramServiceExpensesAmt0935701
IRS990/TotalProgramServiceRevenueAmt01000147
IRS990/TotalReportableCompFromOrgAmt014024
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01000147
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01000147
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0212006
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0284679
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0212006
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0284679
IRS990/USAddress/AddressLine1Txt01717 E 1ST STREET
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011229
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARC SILBERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0V PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07182387676
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TREASURE ISLAND
ReturnHeader/Filer/BusinessNameControlTxt0TREA
ReturnHeader/Filer/EIN0112725055
ReturnHeader/Filer/PhoneNum07182387676
ReturnHeader/Filer/USAddress/AddressLine1Txt0347 74TH STREET
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011209
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0144E2CF24C8E968A62B5316DBB09B3799AE954D0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0144E2CF24C8E968A62B5316DBB09B3799AE954D0
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.115.38.118
ReturnHeader/FilingSecurityInformation/IPDt02018-05-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm007:13:55
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Koloden and Harris
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07308 18th Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011204
ReturnHeader/PreparerPersonGrp/PhoneNum07183605337
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL KOLODEN
ReturnHeader/ReturnTs02018-05-04T07:14:12-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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