Civic Intelligence

Treasure Island

990 • Fiscal year 2019 • EIN 11-2725055

Jan 01, 2019 to Dec 31, 2019 • Filed on May 05, 2020

347 74th StreetBrooklyn, NY 11209

(718) 238-7676

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$0

Flat from 2019

Net Assets

Flat

$0

Flat from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses

Revenue

Flat

$0

Flat from 2019

Expenses

Flat

$0

Flat from 2019

Net Income

Flat

$0

Flat from 2019

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: $02019Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0

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: $02019Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019

Highlighted filing

2019

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 5, 2020
Return Version
2019v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

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

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$313,416--
Total Assets$313,416$0▼ $313,416
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$313,416--
Total Net Assets Fund Balance$313,416$0▼ $313,416
Total Liabilities and Net Assets / Fund Balance$313,416$0▼ $313,416
Compensation and Service Providers

Employees

NameTitleBaseTotal
Rosalia 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
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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 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
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
Rosalia Feldman
Title
President
Phone
7182387676
Signed
2020-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marc Silberman
Formed
1985
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
12
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.

Raw XML Appendix298 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/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/LoanOutstandingInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0313416
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0ENRICHMENT PROGRAMS
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IRS990/ProgramServiceRevenueGrp/Desc2DOE UPK FUNDING
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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.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/Filer/PhoneNum07182387676
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ReturnHeader/Filer/USAddress/CityNm0Brooklyn
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ReturnHeader/FilingSecurityInformation/IPDt02020-11-13
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ReturnHeader/FilingSecurityInformation/IPTm003:40:20
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07308 18th Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
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ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael Koloden
ReturnHeader/ReturnTs02020-11-13T03:40:33-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings