Civic Intelligence

Brooklyn Health Equity Foundation Inc.

990 • Fiscal year 2018 • EIN 11-3144364

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization ProfileWWW.IMFBROOKLYN.ORG
1545 Atlantic AvenueBrooklyn, NY 11213

(718) 613-4051

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.00x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • NTEE T • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

0.30x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • NTEE T • $5M-$10M nonprofits • Source year 2018

Net Margin

1st percentile

-3376%

Higher net margin than 1% of similar nonprofits.

2018 filings • NTEE T • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

88th percentile

$100,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 372.7% of source-year revenue.

2018 filings • NTEE T • $5M-$10M nonprofits • Source year 2018

Asset Growth

8th percentile

-12%

Faster asset growth than 8% of similar nonprofits.

2018 filings • NTEE T • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-40%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • NTEE T • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Down

$6,955,474

Down $905,977 (-12%) from 2017

Net Assets

Down

$6,947,492

Down $905,977 (-12%) from 2017

Liabilities

Flat

$7,982

Flat from 2017

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin1st percentile

Revenue

Down

$26,832

Down $17,855 (-40%) from 2017

Expenses

Down

$932,809

Down $21,488 (-2.3%) from 2017

Net Income

Up

-$905,977

Up $3,633 (+0.4%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $13,957,575Liabilities 2010: $387,157Net Assets 2010: $13,570,4182010Assets 2011: $13,940,194Liabilities 2011: $515,440Net Assets 2011: $13,424,7542011Assets 2012: $17,467,246Liabilities 2012: $99,629Net Assets 2012: $17,367,6172012Assets 2013: $4,852,424Liabilities 2013: $0Net Assets 2013: $4,852,4242013Assets 2014: $7,167,638Liabilities 2014: $0Net Assets 2014: $7,167,6382014Assets 2015: $6,199,636Liabilities 2015: $50,187Net Assets 2015: $6,149,4492015Assets 2016: $8,771,015Liabilities 2016: $7,936Net Assets 2016: $8,763,0792016Assets 2017: $7,861,451Liabilities 2017: $7,982Net Assets 2017: $7,853,4692017Assets 2018: $6,955,474Liabilities 2018: $7,982Net Assets 2018: $6,947,4922018Assets 2019: $6,359,957Liabilities 2019: $7,982Net Assets 2019: $6,351,9752019Assets 2020: $6,215,208Liabilities 2020: $0Net Assets 2020: $6,215,2082020Assets 2021: $6,090,131Liabilities 2021: $2,350Net Assets 2021: $6,087,7812021Assets 2022: $5,895,608Liabilities 2022: $2,350Net Assets 2022: $5,893,2582022Assets 2023: $6,167,653Liabilities 2023: $2,350Net Assets 2023: $6,165,3032023Assets 2024: $6,019,289Liabilities 2024: $2,350Net Assets 2024: $6,016,9392024

Highlighted filing

2018

Assets$6,955,474
Liabilities$7,982
Net Assets$6,947,492
Open 2018 Filing

Operations Trend

Revenue Growth22nd percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $223,2312010Expenses 2011: $115,2482011Expenses 2012: $119,6552012Revenue 2013: -$11,980Expenses 2013: $2,487,289Net Income 2013: -$2,499,2692013Revenue 2014: $195,650Expenses 2014: $1,399,571Net Income 2014: -$1,203,9212014Revenue 2015: $3,500Expenses 2015: $1,021,689Net Income 2015: -$1,018,1892015Revenue 2016: $3,472,988Expenses 2016: $859,358Net Income 2016: $2,613,6302016Revenue 2017: $44,687Expenses 2017: $954,297Net Income 2017: -$909,6102017Revenue 2018: $26,832Expenses 2018: $932,809Net Income 2018: -$905,9772018Revenue 2019: $14,761Expenses 2019: $623,383Net Income 2019: -$608,6222019Revenue 2020: $0Expenses 2020: $142,154Net Income 2020: -$142,1542020Revenue 2021: $0Expenses 2021: $127,427Net Income 2021: -$127,4272021Revenue 2022: $0Expenses 2022: $194,523Net Income 2022: -$194,5232022Revenue 2023: $512,129Expenses 2023: $319,803Net Income 2023: $192,3262023Revenue 2024: $91,567Expenses 2024: $303,352Net Income 2024: -$211,7852024

Highlighted filing

2018

Revenue$26,832
Expenses$932,809
Net Income-$905,977
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$26,832
Mission and Program Overview

Mission

To promote and advocate for health and well-being and the elimination of health disparities through research, education and sponsoring public programs on behalf of and for the benefit of greater brooklyn and more specifially central brooklyn residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,085,261$6,179,283▼ $905,978
Land, Buildings, and Equipment, Net$680,000$680,000→ $0
Prepaid Expenses and Deferred Charges$96,190$96,191▲ $1
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
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-
Total Assets$7,861,451$6,955,474▼ $905,977
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,982$7,982→ $0
Total Liabilities$7,982$7,982→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$7,173,469$6,267,492▼ $905,977
Temporarily Rstr Net Assets$680,000$680,000→ $0
Total Net Assets Fund Balance$7,853,469$6,947,492▼ $905,977
Total Liabilities and Net Assets / Fund Balance$7,861,451$6,955,474▼ $905,977

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$680,000-$680,000
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Canon Diane M PorterChairmanPT$100,000$100,000

Board Members and Trustees

NameTitle
Deborah Harmon-hinesTrustee
Howard WilliamsTrustee
Jonathan NelsonTrustee
Roland PurcellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,832
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$6,832
Change in Net Assets
$-905,977
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$726,228
Salaries, Compensation, and Employee Benefits$153,899
Grants and Similar Amounts Paid$51,500
Professional Fundraising Fees$1,182
Total Fundraising Expense$1,182

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$325,697--$325,697
Current Officers, Directors, Trustees, and Key Employees$50,000$50,000-$100,000
Fees for Services Management$55,275$18,425-$73,700
Fees for Services Accounting-$66,500-$66,500
Grants to Domestic Orgs$51,500--$51,500
Insurance$13,628$13,628-$27,256
Other Salaries and Wages$12,500$12,500-$25,000
Other Expenses$17,170$43,714-$17,170
Other Employee Benefits$7,690$7,691-$15,381
Payroll Taxes$6,759$6,759-$13,518
All Other Expenses-$9,552-$9,552
Conferences and Meetings$2,158--$2,158
Fees for Services Professional Fundraising--$1,182$1,182
Office Expenses-$896-$896
Total Functional Expenses$656,152$275,475$1,182$932,809
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,182
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
No
Backup withholding compliance
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

Governance Explanations

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

“The i m foundation, inc.'s board is notified when the form 990 isavailable and they have the opportunity to review the form.”

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

“Annual questionnaires are sent to all directors and management personnel. Questionnaires are reviewed by the board.”

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

“Upon request, the organization will make available only those documentsrequired to be disclosed under the public inspection laws.”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
I M Foundation Inc
EIN
11-3144364
Phone
7186134051
Address
1545 ATLANTIC AVENUE, BROOKLYN, NY 11213

Signing Officer

Name
Howard K Williams
Title
Chairman
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
4

Preparer

Firm
Gruber Palumberi Raffaele Fried CPAs PC
Address
7 Penn Plaza Suite 310, New York, NY 10001
Preparer
Bart Raffaele CPA
Phone
2125860800
Raw XML AppendixShowing 400 of 403 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/BOYAmt07982
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07982
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE AND ADVOCATE FOR HEALTH AND WELL-BEING AND THE ELIMINATION OF HEALTH DISPARITIES THROUGH RESEARCH, EDUCATION AND SPONSORING PUBLIC PROGRAMS ON BEHALF OF AND FOR THE BENEFIT OF GREATER BROOKLYN AND MORE SPECIFIALLY CENTRAL BROOKLYN RESIDENTS.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt06832
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09552
IRS990/AllOtherExpensesGrp/TotalAmt09552
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DR CANON HOWARD WILLIAMS
IRS990/BooksInCareOfDetail/PhoneNum07186134051
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01545 ATLANTIC AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011213
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt050000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt050000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0100000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02158
IRS990/ConferencesMeetingsGrp/TotalAmt02158
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt026832
IRS990/CYGrantsAndSimilarPaidAmt051500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0726228
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-905977
IRS990/CYSalariesCompEmpBnftPaidAmt0153899
IRS990/CYTotalExpensesAmt0932809
IRS990/CYTotalFundraisingExpenseAmt01182
IRS990/CYTotalProfFndrsngExpnsAmt01182
IRS990/CYTotalRevenueAmt026832
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE FOUNDATION PLANS FUNDRAISING EVENTS FOR THE BENEFIT OF IM FOUNDATION INC TO SUPPORT ITS CHARITABLE MISSION AND PURPOSES. IN ADDITION TO AWARDING GRANTS TO OTHERS, THE FOUNDATION SPONSORED HEALTH EDUCATION PROGRAMS FOR COMMUNITY RESIDENTS, SUPPORTED COMMUNITY OUTREACH AT THE CONCLUSION OF THE BANKRUPTCY AND SPONSORED ACTIVITIES FOR COMMUNITY RESIDENTS AND PROGRAMS TO BENEFIT LOCAL HOSPITALS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0656152
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt066500
IRS990/FeesForServicesAccountingGrp/TotalAmt066500
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt018425
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt055275
IRS990/FeesForServicesManagementGrp/TotalAmt073700
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/FundraisingAmt01182
IRS990/FeesForServicesProfFundraising/TotalAmt01182
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/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CANON DIANE M PORTER
IRS990/Form990PartVIISectionAGrp/PersonNm1ROLAND PURCELL
IRS990/Form990PartVIISectionAGrp/PersonNm2JONATHAN NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm3HOWARD WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm4DEBORAH HARMON-HINES
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0100000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt020000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt051500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt051500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt026832
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt013628
IRS990/InsuranceGrp/ProgramServicesAmt013628
IRS990/InsuranceGrp/TotalAmt027256
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0680000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0680000
IRS990/LandBldgEquipCostOrOtherBssAmt0680000
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE AND ADVOCATE FOR HEALTH AND WELL-BEING AND THE ELIMINATION OF HEALTH DISPARITIES THROUGH RESEARCH, EDUCATION AND SPONSORING PUBLIC PROGRAMS ON BEHALF OF AND FOR THE BENEFIT OF GREATER BROOKLYN AND MORE SPECIFIALLY CENTRAL BROOKLYN RESIDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt07853469
IRS990/NetAssetsOrFundBalancesEOYAmt06947492
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0325697
IRS990/OccupancyGrp/TotalAmt0325697
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0896
IRS990/OfficeExpensesGrp/TotalAmt0896
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07691
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt07690
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015381
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1Outside Contract Services
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3DESIGN SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt045810
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt143714
IRS990/OtherExpensesGrp/ProgramServicesAmt0113775
IRS990/OtherExpensesGrp/ProgramServicesAmt117170
IRS990/OtherExpensesGrp/TotalAmt0113775
IRS990/OtherExpensesGrp/TotalAmt145810
IRS990/OtherExpensesGrp/TotalAmt243714
IRS990/OtherExpensesGrp/TotalAmt317170
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt012500
IRS990/OtherSalariesAndWagesGrp/TotalAmt025000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06759
IRS990/PayrollTaxesGrp/ProgramServicesAmt06759
IRS990/PayrollTaxesGrp/TotalAmt013518
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt096190
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt096191
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt056738
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt081060
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0684388
IRS990/PYOtherRevenueAmt0-12051
IRS990/PYRevenuesLessExpensesAmt0-927623
IRS990/PYSalariesCompEmpBnftPaidAmt0171862
IRS990/PYTotalExpensesAmt0972310
IRS990/PYTotalProfFndrsngExpnsAmt035000
IRS990/PYTotalRevenueAmt044687
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-905977
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07085261
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06179283
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026832
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt056738
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt03500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08503
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102073
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0187147
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0187147
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.35290
IRS990ScheduleA/PublicSupportTotal509Amt0102073
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt026832
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt056738
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08503
IRS990ScheduleA/Total509Grp/TotalAmt0102073
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt026832
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt056738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0195650
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0289220
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0680000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0680000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0680000
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE I M FOUNDATION, INC.'S BOARD IS NOTIFIED WHEN THE FORM 990 ISAVAILABLE AND THEY HAVE THE OPPORTUNITY TO REVIEW THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL QUESTIONNAIRES ARE SENT TO ALL DIRECTORS AND MANAGEMENT PERSONNEL. QUESTIONNAIRES ARE REVIEWED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE ONLY THOSE DOCUMENTSREQUIRED TO BE DISCLOSED UNDER THE PUBLIC INSPECTION LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0680000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0680000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07861451
IRS990/TotalAssetsEOYAmt06955474
IRS990/TotalAssetsGrp/BOYAmt07861451
IRS990/TotalAssetsGrp/EOYAmt06955474
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt026832
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01182
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0275475
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0656152
IRS990/TotalFunctionalExpensesGrp/TotalAmt0932809
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07982
IRS990/TotalLiabilitiesEOYAmt07982
IRS990/TotalLiabilitiesGrp/BOYAmt07982
IRS990/TotalLiabilitiesGrp/EOYAmt07982
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07853469
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06947492
IRS990/TotalProgramServiceExpensesAmt0656152
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0100000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026832
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07861451
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06955474
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07173469
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06267492
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01545 ATLANTIC AVENUE
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011213
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.IMFBROOKLYN.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HOWARD K WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0I M FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0IMFO
ReturnHeader/Filer/EIN0113144364
ReturnHeader/Filer/PhoneNum07186134051
ReturnHeader/Filer/USAddress/AddressLine1Txt01545 ATLANTIC AVENUE
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011213
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132696850
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Gruber Palumberi Raffaele Fried CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 Penn Plaza Suite 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02125860800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BART RAFFAELE CPA
ReturnHeader/ReturnTs02019-11-15T13:28:28-08:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,955,474
Liabilities
$7,982
Net assets
$6,947,492
Revenue
$26,832
Expenses
$932,809
Net income
-$905,977
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.02$0.00$6.02$0.09$0.30$0.21
2023Detailed filing. Detailed filing data is available for this year.$6.17$0.00$6.17$0.51$0.32$0.19
2022Detailed filing. Detailed filing data is available for this year.$5.90$0.00$5.89$0.00$0.19$0.19
2021Detailed filing. Detailed filing data is available for this year.$6.09$0.00$6.09$0.00$0.13$0.13
2020Detailed filing. Detailed filing data is available for this year.$6.22$0.00$6.22$0.00$0.14$0.14
2019Detailed filing. Detailed filing data is available for this year.$6.36$0.01$6.35$0.01$0.62$0.61
2018Detailed filing. Detailed filing data is available for this year.$6.96$0.01$6.95$0.03$0.93$0.91
2017Detailed filing. Detailed filing data is available for this year.$7.86$0.01$7.85$0.04$0.95$0.91
2016Detailed filing. Detailed filing data is available for this year.$8.77$0.01$8.76$3.47$0.86$2.61
2015Detailed filing. Detailed filing data is available for this year.$6.20$0.05$6.15$0.00$1.02$1.02
2014Detailed filing. Detailed filing data is available for this year.$7.17$0.00$7.17$0.20$1.40$1.20
2013Detailed filing. Detailed filing data is available for this year.$4.85$0.00$4.85$0.01$2.49$2.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.5$0.10$17.4$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.52$13.4$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.39$13.6$0.22