Civic Intelligence

Larry Rivers Foundation Inc.

990PF • Fiscal year 2016 • EIN 11-3137296

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 31, 2017

C/O Csv 50 Chas Ldbgh Blvd No 605Uniondale, NY 11553

(631) 537-6536

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.06x

Higher debt load relative to assets than 52% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

5.28x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-763%

Higher net margin than 1% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

61st percentile

$66,500

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 407.7% of source-year revenue.

2016 filings • $1M-$5M nonprofits • Source year 2016

Asset Growth

10th percentile

-12%

Faster asset growth than 10% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

25th percentile

-12%

Faster revenue growth than 25% of similar nonprofits.

2016 filings • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,456,713

Down $189,764 (-12%) from 2015

Net Assets

Down

$1,370,641

Down $124,511 (-8.3%) from 2015

Liabilities

Down

$86,072

Down $65,253 (-43%) from 2015

Revenue

Down

$16,310

Down $2,237 (-12%) from 2015

Expenses

Up

$140,821

Up $66,458 (+89%) from 2015

Net Income

Down

-$124,511

Down $68,695 (-123%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,932,821Liabilities 2010: $278,791Net Assets 2010: $1,654,0302010Assets 2011: $1,922,184Liabilities 2011: $240,2072011Assets 2012: $1,803,048Liabilities 2012: $196,028Net Assets 2012: $1,607,0202012Assets 2013: $1,807,736Liabilities 2013: $173,066Net Assets 2013: $1,634,6702013Assets 2014: $1,697,273Liabilities 2014: $146,305Net Assets 2014: $1,550,9682014Assets 2015: $1,646,477Liabilities 2015: $151,325Net Assets 2015: $1,495,1522015Assets 2016: $1,456,713Liabilities 2016: $86,072Net Assets 2016: $1,370,6412016Assets 2017: $1,460,634Liabilities 2017: $54,812Net Assets 2017: $1,405,8222017Assets 2018: $1,403,744Liabilities 2018: $42,649Net Assets 2018: $1,361,0952018Assets 2019: $1,351,208Liabilities 2019: $28,097Net Assets 2019: $1,323,1112019Assets 2020: $1,309,854Liabilities 2020: $19,254Net Assets 2020: $1,290,6002020Assets 2021: $1,337,541Liabilities 2021: $25,493Net Assets 2021: $1,312,0482021Assets 2022: $1,322,870Liabilities 2022: $25,493Net Assets 2022: $1,297,3772022Assets 2023: $1,297,300Liabilities 2023: $25,493Net Assets 2023: $1,271,8072023Assets 2024: $431,558Liabilities 2024: $23,493Net Assets 2024: $408,0652024

Highlighted filing

2016

Assets$1,456,713
Liabilities$86,072
Net Assets$1,370,641

Operations Trend

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

$500K$0-$500K-$1.0MExpenses 2010: $130,7892010Revenue 2011: $168,350Expenses 2011: $144,046Net Income 2011: $24,3042011Expenses 2012: $155,1222012Revenue 2013: $170,143Expenses 2013: $142,493Net Income 2013: $27,6502013Revenue 2014: $17,418Expenses 2014: $101,120Net Income 2014: -$83,7022014Revenue 2015: $18,547Expenses 2015: $74,363Net Income 2015: -$55,8162015Revenue 2016: $16,310Expenses 2016: $140,821Net Income 2016: -$124,5112016Revenue 2017: $108,878Expenses 2017: $96,939Net Income 2017: $11,9392017Revenue 2018: $95,400Expenses 2018: $140,127Net Income 2018: -$44,7272018Revenue 2019: $66,079Expenses 2019: $129,182Net Income 2019: -$63,1032019Revenue 2020: $50,021Expenses 2020: $82,532Net Income 2020: -$32,5112020Revenue 2021: $58,386Expenses 2021: $36,938Net Income 2021: $21,4482021Revenue 2022: $23,315Expenses 2022: $37,986Net Income 2022: -$14,6712022Revenue 2023: $0Expenses 2023: $25,570Net Income 2023: -$25,5702023Revenue 2024: -$626,704Expenses 2024: $237,038Net Income 2024: -$863,7422024

Highlighted filing

2016

Revenue$16,310
Expenses$140,821
Net Income-$124,511
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 31, 2017
Return Version
2016v3.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID JOELExecutive DirectorPT$66,500-$66,500
JOAN GORDONPresident-$0--
JOHN DUYCKDirector-$0--
STEVEN RIVERSDirector-$0--
DAVID LEVYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Larry Rivers Foundation Inc
EIN
11-3137296
Phone
6315376536
Address
C/O CSV 50 CHAS LDBGH BLVD NO 605, UNIONDALE, NY 11553

Signing Officer

Name
David Joel
Title
Executive Director
Phone
6315376536
Signed
2017-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Coopersmith Simon & Vogel Pc
Address
50 CHARLES LINDBERGH BLVD STE 605, UNIONDALE, NY 11553
Preparer
William a Vogel
Phone
5164835800
Raw XML Appendix394 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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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0DAVID JOEL
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0THE LARRY RIVERS FOUNDATION, INC. HAS AS ITS EXEMPT PURPOSE THE ADVANCEMENT OF THE VISUAL ARTS AND EDUCATION OF THE PUBLIC ABOUT THE VISUAL ARTS AND, IN PARTICULAR, THE WORK OF THE LATE ARTIST LARRY RIVERS. IT ACCOMPLISHES THESE PURPOSES BY MAKING GRANTS TO PUBLIC CHARITIES THAT SUPPORT THE VISUAL ARTS, HOLDING EXHIBITIONS OF WORKS OF ART CREATED BY LARRY RIVERS IN MUSEUMS, UNIVERSITIES AND OTHER PUBLIC ART COLLECTIONS, AND CREATING A CATALOGUE RAISONNE OF THE WORKS OF ART CREATED BY LARRY RIVERS. THE ITEMS SOLD BY THE FOUNDATION FURTHER ITS EXEMPT PURPOSES BY PLACING THE WORKS OF ART BY LARRY RIVERS IN THE PUBLIC REALM AND ALLOWING THE FOUNDATION TO FULFILL ITS CHARITABLE MANDATE IN ACCORDANCE WITH ITS PURPOSE.
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IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
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IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0WWW.LARRYRIVERSFOUNDATION.ORG
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0AID TO CHARITABLE, LITERARY OR EDUCATIONAL ACTIVITIES SERVING THE COMMON GOOD.
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IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
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IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt08435
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt08435
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt050397
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt072762
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0102365
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt0109052
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt098782
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt098782
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0431756
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt097180
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt050397
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt072762
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0102365
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt0109052
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0105615
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt097180
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0530538
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0433358
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
LegalFeesSchedule/LegalFeesGrp/CategoryTxt0CARTER, LEDYARD & MILBURN LLP
LegalFeesSchedule/LegalFeesGrp/DisbursementsCharitablePrpsAmt017574
LegalFeesSchedule/LegalFeesGrp/LegalFeesAmt023432
LegalFeesSchedule/LegalFeesGrp/NetInvestmentIncomeAmt05858
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt01415030
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0ARTWORK
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt01370046
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt01400000
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0ART TRANSPORT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1ART INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2TRAVEL, MEALS & ENTERTAINMENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3MISCELLANEOUS EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4FILING FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5SECURITY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6STUDIO EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7TELEPHONE & INTERNET
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8COMPUTER & WEBSITE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9POSTAGE & MAILING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc10ART RESTORATION
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc11ART FRAMING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc12OTHER INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0810
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt12630
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt21001
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt334
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt4206
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt52282
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt61781
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt71962
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt81751
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt9431
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt101125
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt11677
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt12998
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0270
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt1877
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt2334
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt311
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt469
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt5760
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt6594
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt7654
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt8584
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt9144
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt10375
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt11226
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt12332
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt01080
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt13507
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt21335
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt345
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4275
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt53042
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt62375
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt72616
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt82335
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt9575
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt101500
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11903
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt121330
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0151325
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0DUE TO ESTATE OF LARRY RIVERS
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt086072
TaxesSchedule/TaxesDetail/Amt05271
TaxesSchedule/TaxesDetail/CategoryTxt0PAYROLL TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt03953
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt01318
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID JOEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06315376536
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LARRY RIVERS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LARR
ReturnHeader/Filer/EIN0113137296
ReturnHeader/Filer/PhoneNum06315376536
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O CSV 50 CHAS LDBGH BLVD NO 605
ReturnHeader/Filer/USAddress/CityNm0UNIONDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011553
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06BF2C12F896328B2D4E93569EB35A8259A8EA7F3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06BF2C12F896328B2D4E93569EB35A8259A8EA7F3
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.56.140.54
ReturnHeader/FilingSecurityInformation/IPDt02017-10-31
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:51:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270120069
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COOPERSMITH SIMON & VOGEL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 CHARLES LINDBERGH BLVD STE 605
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UNIONDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011553
ReturnHeader/PreparerPersonGrp/PhoneNum05164835800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM A VOGEL
ReturnHeader/ReturnTs02017-11-09T07:14:28-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$0.63$0.24$0.86
2023Detailed filing. Detailed filing data is available for this year.$1.30$0.03$1.27$0.00$0.03$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.32$0.03$1.30$0.02$0.04$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.34$0.03$1.31$0.06$0.04$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.31$0.02$1.29$0.05$0.08$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.35$0.03$1.32$0.07$0.13$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.40$0.04$1.36$0.10$0.14$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.46$0.05$1.41$0.11$0.10$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.46$0.09$1.37$0.02$0.14$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.15$1.50$0.02$0.07$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.70$0.15$1.55$0.02$0.10$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.81$0.17$1.63$0.17$0.14$0.03
2012Detailed filing. Detailed filing data is available for this year.$1.80$0.20$1.61$0.16
2011Summary only. Only limited summary data is available for this year.$1.92$0.24$0.17$0.14$0.02
2010Detailed filing. Detailed filing data is available for this year.$1.93$0.28$1.65$0.13