Civic Intelligence

Flushing Meadow Soap Box Derby Inc

990EZ • Fiscal year 2020 • EIN 11-2737828

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 17, 2021

Organization ProfileN/A
34-35 99th StreetCorona, NY 11368

(646) 208-2613

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

85th percentile

42%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

97th percentile

568%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

14th percentile

-65%

Faster revenue growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$4,206

Up $3,576 (+568%) from 2019

Net Assets

Up

$4,206

Up $3,576 (+568%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin85th percentile

Revenue

Down

$8,443

Down $15,843 (-65%) from 2019

Expenses

Down

$4,867

Down $19,336 (-80%) from 2019

Net Income

Up

$3,576

Up $3,493 (+4208%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$8.0K$6.0K$4.0K$2.0K$0Assets 2011: $371Liabilities 2011: $662011Assets 2012: $1,218Liabilities 2012: $672012Assets 2013: $7,429Liabilities 2013: $66Net Assets 2013: $7,3632013Assets 2014: $3,711Liabilities 2014: $141Net Assets 2014: $3,5702014Assets 2015: $564Liabilities 2015: $141Net Assets 2015: $4232015Assets 2016: $937Liabilities 2016: $141Net Assets 2016: $7962016Assets 2017: $2,416Liabilities 2017: $143Net Assets 2017: $2,2732017Assets 2018: $547Liabilities 2018: $0Net Assets 2018: $5472018Assets 2019: $630Liabilities 2019: $0Net Assets 2019: $6302019Assets 2020: $4,206Liabilities 2020: $0Net Assets 2020: $4,2062020Assets 2021: $5,508Liabilities 2021: $0Net Assets 2021: $5,5082021Assets 2022: $5,325Liabilities 2022: $0Net Assets 2022: $5,3252022Assets 2023: $6,420Liabilities 2023: $0Net Assets 2023: $6,4202023Assets 2024: $5,282Liabilities 2024: $0Net Assets 2024: $5,2822024

Highlighted filing

2020

Assets$4,206
Liabilities$0
Net Assets$4,206
Open 2020 Filing

Operations Trend

Revenue Growth14th percentile

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

$30K$20K$10K$0-$10KRevenue 2011: $7,034Expenses 2011: $10,024Net Income 2011: -$2,9902011Revenue 2012: $10,465Expenses 2012: $9,619Net Income 2012: $8462012Revenue 2013: $23,964Expenses 2013: $17,752Net Income 2013: $6,2122013Revenue 2014: $14,318Expenses 2014: $18,111Net Income 2014: -$3,7932014Revenue 2015: $18,191Expenses 2015: $21,338Net Income 2015: -$3,1472015Revenue 2016: $20,178Expenses 2016: $19,805Net Income 2016: $3732016Revenue 2017: $26,136Expenses 2017: $24,659Net Income 2017: $1,4772017Revenue 2018: $17,380Expenses 2018: $19,106Net Income 2018: -$1,7262018Revenue 2019: $24,286Expenses 2019: $24,203Net Income 2019: $832019Revenue 2020: $8,443Expenses 2020: $4,867Net Income 2020: $3,5762020Revenue 2021: $16,750Expenses 2021: $15,448Net Income 2021: $1,3022021Revenue 2022: $18,250Expenses 2022: $18,433Net Income 2022: -$1832022Revenue 2023: $11,800Expenses 2023: $10,705Net Income 2023: $1,0952023Revenue 2024: $24,575Expenses 2024: $25,713Net Income 2024: -$1,1382024

Highlighted filing

2020

Revenue$8,443
Expenses$4,867
Net Income$3,576
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 17, 2021
Return Version
2020v4.0
Gross Receipts
$8,443
Mission and Program Overview

Mission

To own, operate, manage and do ever thing normally associated with operating a soapbox derby, including, but not limited to the promotion and operation of soapbox derbies in Queens County, New York.

To own, operate, manage and do everything normally associated with operating a soapbox derby, including , but not limited to the promotion and operation of soapbox derbies in queens county, new york

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PROMOTED, SUPPORTED AND INTRODUCED CERTAIN YOUN PEOPLE TO THE SOAPBOX CAR RACING IN AKRON OHIO DURING THE YEAR-$3,052
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHEN STAFFORDPresident-$0--
HENRY FOSTERTrustee-$0--
DEBORAH GRINAGETreasurer-$0--
LINDA HARGROVESecretary-$0--
GREGORY COLESVice PresidePT$0--
Filing and Contact Details

Filer

Filer Name
Flushing Meadow Soap Box Derby Inc
EIN
11-2737828
Phone
6462082613
Address
34-35 99TH STREET, CORONA, NY 11368

Signing Officer

Name
Gregory Coles
Title
Vice President
Phone
6462082613
Signed
2021-06-17
Discuss with paid preparer
Yes

Preparer

Firm
Berman Sosman & Rosenzweig Cpas Pllc
Address
30 JERICHO EXECUTIVE PLAZA SUITE 20, JERICHO, NY 11753
Preparer
Richard Sosman
Phone
5168267600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank fees 140 storage 2,871 trophies 282 non-investment depreciation 349 total 3,642”

Form 990-ez, Part II, Line 24

“1,000 3,096 less accumulated depreciation 1,000 1,349 total 0 1,747”

Form 990-ez, Part III

“To own, operate, manage and do everything normally associated with operating a soapbox derby, including , but not limited to the promotion and operation of soapbox derbies in queens county, new york”

Raw XML Appendix136 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0STEPHEN STAFFORD
CompensationExplanation/CompensationExplanationGrp/PersonNm1HENRY FOSTER
CompensationExplanation/CompensationExplanationGrp/PersonNm2DEBORAH GRINAGE
CompensationExplanation/CompensationExplanationGrp/PersonNm3LINDA HARGROVE
CompensationExplanation/CompensationExplanationGrp/PersonNm4GREGORY COLES
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GREGORY COLES
IRS990EZ/BooksInCareOfDetail/PhoneNum06462082613
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt032-20 108TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EAST ELMHURST
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011369
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0630
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02459
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03576
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01225
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0630
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04206
IRS990EZ/GrossReceiptsAmt08443
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0630
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04206
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0630
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04206
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEPHEN STAFFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HENRY FOSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEBORAH GRINAGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LINDA HARGROVE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GREGORY COLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01747
IRS990EZ/OtherExpensesTotalAmt03642
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO OWN, OPERATE, MANAGE AND DO EVERYTHING NORMALLY ASSOCIATED WITH OPERATING A SOAPBOX DERBY, INCLUDING , BUT NOT LIMITED TO THE PROMOTION AND OPERATION OF SOAPBOX DERBIES IN QUEENS COUNTY, NEW YORK
IRS990EZ/ProgramServiceRevenueAmt08443
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION PROMOTED, SUPPORTED AND INTRODUCED CERTAIN YOUN PEOPLE TO THE SOAPBOX CAR RACING IN AKRON OHIO DURING THE YEAR
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03052
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04867
IRS990EZ/TotalProgramServiceExpensesAmt03052
IRS990EZ/TotalRevenueAmt08443
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt026016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt044701
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt038109
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt044701
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt026016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06685
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt044701
IRS990ScheduleA/TotalSupportAmt044701
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK FEES 140 STORAGE 2,871 TROPHIES 282 NON-INVESTMENT DEPRECIATION 349 TOTAL 3,642
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11,000 3,096 LESS ACCUMULATED DEPRECIATION 1,000 1,349 TOTAL 0 1,747
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO OWN, OPERATE, MANAGE AND DO EVERYTHING NORMALLY ASSOCIATED WITH OPERATING A SOAPBOX DERBY, INCLUDING , BUT NOT LIMITED TO THE PROMOTION AND OPERATION OF SOAPBOX DERBIES IN QUEENS COUNTY, NEW YORK
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY COLES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06462082613
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLUSHING MEADOW SOAP BOX DERBY INC
ReturnHeader/Filer/BusinessNameControlTxt0FLUS
ReturnHeader/Filer/EIN0112737828
ReturnHeader/Filer/PhoneNum06462082613
ReturnHeader/Filer/USAddress/AddressLine1Txt034-35 99TH STREET
ReturnHeader/Filer/USAddress/CityNm0CORONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011368
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113408121
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERMAN SOSMAN & ROSENZWEIG CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt030 JERICHO EXECUTIVE PLAZA SUITE 20
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JERICHO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011753
ReturnHeader/PreparerPersonGrp/PhoneNum05168267600
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD SOSMAN
ReturnHeader/ReturnTs02022-02-17T09:43:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GREGORY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0COLES
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,206
Liabilities
$0
Net assets
$4,206
Revenue
$8,443
Expenses
$4,867
Net income
$3,576
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.28$0.00$5.28$24.6$25.7$1.14
2023Detailed filing. Detailed filing data is available for this year.$6.42$0.00$6.42$11.8$10.7$1.10
2022Detailed filing. Detailed filing data is available for this year.$5.33$0.00$5.33$18.3$18.4$0.18
2021Detailed filing. Detailed filing data is available for this year.$5.51$0.00$5.51$16.8$15.4$1.30
2020Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$8.44$4.87$3.58
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$24.3$24.2$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$17.4$19.1$1.73
2017Detailed filing. Detailed filing data is available for this year.$2.42$0.14$2.27$26.1$24.7$1.48
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.14$0.80$20.2$19.8$0.37
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.14$0.42$18.2$21.3$3.15
2014Detailed filing. Detailed filing data is available for this year.$3.71$0.14$3.57$14.3$18.1$3.79
2013Detailed filing. Detailed filing data is available for this year.$7.43$0.07$7.36$24.0$17.8$6.21
2012Summary only. Only limited summary data is available for this year.$1.22$0.07$10.5$9.62$0.85
2011Summary only. Only limited summary data is available for this year.$0.37$0.07$7.03$10.0$2.99