Civic Intelligence

Global Business School Inc

EIN 11-2983636 • 501(c)3 • Far Rockaway, NY

Profile

Provide students with vocational and business skills training

1931 Mott AvenueFar Rockaway, NY 11691

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

19th percentile

0.00x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

2nd percentile

-163%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

96th percentile

$337,905

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 26.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

2nd percentile

-76%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets19th percentile

Assets

Down

$792,940

Down $2,488,928 (-76%) from 2012

Liabilities

Down

$45

Down $367,869 (-100%) from 2012

Net Assets

Down

$792,895

Down $2,121,059 (-73%) from 2012

Operations
Liabilities / Revenue19th percentileNet Margin2nd percentile

Revenue

$1,299,690

No earlier filing loaded for comparison.

Expenses

Down

$3,420,749

Down $1,837,771 (-35%) from 2012

Net Income

-$2,121,059

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth2nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $5,580,426Liabilities 2010: $501,601Net Assets 2010: $5,078,8252010Assets 2011: $4,671,265Liabilities 2011: $582,463Net Assets 2011: $4,088,8022011Assets 2012: $3,281,868Liabilities 2012: $367,914Net Assets 2012: $2,913,9542012Assets 2013: $792,940Liabilities 2013: $45Net Assets 2013: $792,8952013

Highlighted filing

2013

Assets$792,940
Liabilities$45
Net Assets$792,895
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $6,077,5152010Expenses 2011: $5,707,9832011Expenses 2012: $5,258,5202012Revenue 2013: $1,299,690Expenses 2013: $3,420,749Net Income 2013: -$2,121,0592013

Highlighted filing

2013

Revenue$1,299,690
Expenses$3,420,749
Net Income-$2,121,059
Open 2013 Filing

Filings

Most recent year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$792,940
Liabilities
$45
Net assets
$792,895
Revenue
$1,299,690
Expenses
$3,420,749
Net income
-$2,121,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2013Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$1.30$3.42$2.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.28$0.37$2.91$5.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$0.58$4.09$5.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$0.50$5.08$6.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 6, 2014
Return Version
2013v3.1
Gross Receipts
$1,299,690
Mission and Program Overview

Mission

Provide students with vocational and business skills training

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,173,311$0▼ $1,173,311
Savings and Temporary Cash Investments$1,445,635$685,244▼ $760,391
Accounts Receivable$155,212$0▼ $155,212
Cash and Non-Interest-Bearing Accounts$399,407$7,696▼ $391,711
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,281,868$792,940▼ $2,488,928
Other Assets Total$108,303$100,000▼ $8,303
Liabilities
Deferred Revenue$235,630--
Accounts Payable and Accrued Expenses$132,284$45▼ $132,239
Total Liabilities$367,914$45▼ $367,869
Net Assets / Fund Balance
Unrestricted Net Assets$2,913,954$792,895▼ $2,121,059
Total Net Assets Fund Balance$2,913,954$792,895▼ $2,121,059
Total Liabilities and Net Assets / Fund Balance$3,281,868$792,940▼ $2,488,928

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$100,000--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Moshe WiederCEOFT$337,905$337,905
Michael HattenPresidentFT$256,528$256,528

Board Members and Trustees

NameTitle
Benjamin RosenstarkTrustee
Stephen ScheinerTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,295,268
Investment Income
$4,422
Other Revenue
$0
Change in Net Assets
$-2,121,059

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,299,690
Total Revenue per Audited Statements
$1,299,690
Total Revenue per Form 990
$1,299,690
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,742,945
Salaries, Compensation, and Employee Benefits$1,677,804
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$402,126$522,581-$924,707
Current Officers, Directors, Trustees, and Key Employees-$594,433-$594,433
Payroll Taxes$79,363$79,301-$158,664
Depreciation Depletion-$129,043-$129,043
Occupancy$103,321$11,480-$114,801
All Other Expenses$30,398$46,525-$76,923
Office Expenses$8,559$57,343-$65,902
Fees for Services Other$55,604--$55,604
Fees for Services Legal-$43,688-$43,688
Other Expenses$8,493$29,256-$37,749
Insurance$13,900$20,771-$34,671
Fees for Services Accounting-$15,000-$15,000
Advertising-$544-$544
Travel$415$84-$499
Conferences and Meetings$194--$194
Total Functional Expenses$818,124$2,602,625$0$3,420,749

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,420,749
Total Expenses per Audited Statements$3,420,749
Total Expenses per Form 990$3,420,749
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“All board members receive a copy of form 990 prior to submission for review purposes.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“All board members are required to immediately disclose any interest that could give rise to a potential conflict.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“An independent compensation consultant is retained to provide comparable compensation data from form 990's and not-for-profit organizations.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“An independent compensation consultant is retained to provide comparable compensation data from form 990's and not-for-profit organizations.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All governing documents, conflict of interest policy, and financial statements, are made available upon request at the organization's place of business.”

Filing and Contact Details

Filer

EIN
11-2983636
Phone
7183272220

Signing Officer

Name
Moshe Wieder
Title
CEO
Signed
2014-08-06
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
2
Employees
91

Preparer

Preparer
Asher Lieblich
Phone
7187710887
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

“The organization filed for Chapter 11 bankruptcy protection on June 17,2013 and ceased educational services. The Corporation emerged from Chapter 11 bankruptcy protection on January 30,2014.”

Raw XML AppendixShowing 400 of 420 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0132284
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt045
IRS990/AccountsReceivableGrp/BOYAmt0155212
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE STUDENTS WITH VOCATIONAL AND BUSINESS SKILLS TRAINING
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0544
IRS990/AdvertisingGrp/TotalAmt0544
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt046525
IRS990/AllOtherExpensesGrp/ProgramServicesAmt030398
IRS990/AllOtherExpensesGrp/TotalAmt076923
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0THE CORPORATION
IRS990/BooksInCareOfDetail/PhoneNum07183272220
IRS990/BooksInCareOfDetail/USAddress/AddressLine101931 MOTT AVE
IRS990/BooksInCareOfDetail/USAddress/City0FAR ROCKAWAY
IRS990/BooksInCareOfDetail/USAddress/State0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCode011691
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0399407
IRS990/CashNonInterestBearingGrp/EOYAmt07696
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0594433
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0594433
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0194
IRS990/ConferencesMeetingsGrp/TotalAmt0194
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt04422
IRS990/CYOtherExpensesAmt01742945
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01295268
IRS990/CYRevenuesLessExpensesAmt0-2121059
IRS990/CYSalariesCompEmpBnftPaidAmt01677804
IRS990/CYTotalExpensesAmt03420749
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01299690
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0235630
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0129043
IRS990/DepreciationDepletionGrp/TotalAmt0129043
IRS990/Desc0PROVIDE STUDENTS WITH VOCATIONAL AND BUSINESS SKILLS TRAINING AND ASSIST THEM IN FINDING SUITABLE EMPLOYMENT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt091
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExcessBusinessHoldingsInd0false
IRS990/ExpenseAmt0818124
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015000
IRS990/FeesForServicesAccountingGrp/TotalAmt015000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt043688
IRS990/FeesForServicesLegalGrp/TotalAmt043688
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt055604
IRS990/FeesForServicesOtherGrp/TotalAmt055604
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt335.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0BENJAMIN ROSENSTARK
IRS990/Form990PartVIISectionAGrp/PersonNm1STEPHEN SCHEINER
IRS990/Form990PartVIISectionAGrp/PersonNm2MOSHE WIEDER
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL HATTEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2337905
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3256528
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01299690
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt020771
IRS990/InsuranceGrp/ProgramServicesAmt013900
IRS990/InsuranceGrp/TotalAmt034671
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt04422
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04422
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01173311
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE STUDENTS WITH VOCATIONAL AND BUSINESS SKILLS TRAINING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02913954
IRS990/NetAssetsOrFundBalancesEOYAmt0792895
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt011480
IRS990/OccupancyGrp/ProgramServicesAmt0103321
IRS990/OccupancyGrp/TotalAmt0114801
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt057343
IRS990/OfficeExpensesGrp/ProgramServicesAmt08559
IRS990/OfficeExpensesGrp/TotalAmt065902
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0108303
IRS990/OtherAssetsTotalGrp/EOYAmt0100000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0OBSOLETE EQUIPMENT
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3EQUIPMENT RENTAL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01044268
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18308
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt229256
IRS990/OtherExpensesGrp/ProgramServicesAmt082518
IRS990/OtherExpensesGrp/ProgramServicesAmt133233
IRS990/OtherExpensesGrp/ProgramServicesAmt28493
IRS990/OtherExpensesGrp/TotalAmt01044268
IRS990/OtherExpensesGrp/TotalAmt182518
IRS990/OtherExpensesGrp/TotalAmt241541
IRS990/OtherExpensesGrp/TotalAmt337749
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0522581
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0402126
IRS990/OtherSalariesAndWagesGrp/TotalAmt0924707
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0true
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt079301
IRS990/PayrollTaxesGrp/ProgramServicesAmt079363
IRS990/PayrollTaxesGrp/TotalAmt0158664
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0Fees & Contracts Gov Agencies
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01295268
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01295268
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015964
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01980497
IRS990/PYProgramServiceRevenueAmt04067708
IRS990/PYRevenuesLessExpensesAmt0-1174848
IRS990/PYSalariesCompEmpBnftPaidAmt03278023
IRS990/PYTotalExpensesAmt05258520
IRS990/PYTotalRevenueAmt04083672
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-2121059
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01445635
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0685244
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt03420749
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0100000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT - RENT
IRS990ScheduleD/RevenueSubtotalAmt01299690
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0100000
IRS990ScheduleD/TotalExpensesPerForm990Amt03420749
IRS990ScheduleD/TotalRevenuePerForm990Amt01299690
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01299690
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03420749
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS PUBLICIZED ITS POLICY THROUGH "THE WAVE" NEWSPAPER
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0256528
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1337905
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL HATTEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MOSHE WIEDER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0256528
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1337905
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0ALL ASSETS - FURNITURE & FIXTURES
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine10NONE - DISCARDED AS RUBBISH
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02013-12-23
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt01
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0appraisal
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization filed for Chapter 11 bankruptcy protection on June 17,2013 and ceased educational services. The Corporation emerged from Chapter 11 bankruptcy protection on January 30,2014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS RECEIVE A COPY OF FORM 990 PRIOR TO SUBMISSION FOR REVIEW PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO IMMEDIATELY DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO A POTENTIAL CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN INDEPENDENT COMPENSATION CONSULTANT IS RETAINED TO PROVIDE COMPARABLE COMPENSATION DATA FROM FORM 990'S AND NOT-FOR-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AN INDEPENDENT COMPENSATION CONSULTANT IS RETAINED TO PROVIDE COMPARABLE COMPENSATION DATA FROM FORM 990'S AND NOT-FOR-PROFIT ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, ARE MADE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S PLACE OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03281868
IRS990/TotalAssetsEOYAmt0792940
IRS990/TotalAssetsGrp/BOYAmt03281868
IRS990/TotalAssetsGrp/EOYAmt0792940
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt091
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02602625
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0818124
IRS990/TotalFunctionalExpensesGrp/TotalAmt03420749
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0367914
IRS990/TotalLiabilitiesEOYAmt045
IRS990/TotalLiabilitiesGrp/BOYAmt0367914
IRS990/TotalLiabilitiesGrp/EOYAmt045
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02913954
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0792895
IRS990/TotalProgramServiceExpensesAmt0818124
IRS990/TotalProgramServiceRevenueAmt01295268
IRS990/TotalReportableCompFromOrgAmt0594433
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01299690
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01299690
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03281868
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0792940
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt084
IRS990/TravelGrp/ProgramServicesAmt0415
IRS990/TravelGrp/TotalAmt0499
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02913954
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0792895
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MOSHE WIEDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-06

Document Assets

No mirrored PDF or thumbnail assets are attached yet.