Civic Intelligence

Nehemiah Economic Development Inc.

990EZ • Fiscal year 2021 • EIN 11-3193964

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

Organization ProfileN/A
695 Mother Gaston BlvdBrooklyn, NY 11212

(718) 346-0739

Siviq Scores

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

Liabilities / Assets

70th percentile

0.09x

Higher debt load relative to assets than 70% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

0.55x

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

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Net Margin

86th percentile

52%

Higher net margin than 86% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2021 filings • NTEE S20 • <$500k nonprofits • Source year 2021

Asset Growth

94th percentile

278%

Faster asset growth than 94% of similar nonprofits.

2021 filings • NTEE S20 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$448,447

Up $329,793 (+278%) from 2020

Net Assets

Up

$407,191

Up $76,231 (+23%) from 2020

Liabilities

Up

$41,256

Up $41,256 from 2020

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin86th percentile

Revenue

Up

$75,525

Up $75,525 from 2020

Expenses

Up

$36,022

Up $36,022 from 2020

Net Income

Up

$39,503

Up $39,503 from 2020

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$600K$400K$200K$0Assets 2011: $279,657Liabilities 2011: $141,4342011Assets 2012: $273,483Liabilities 2012: $110,867Net Assets 2012: $02012Assets 2013: $216,587Liabilities 2013: $24,583Net Assets 2013: $192,0042013Assets 2014: $277,334Liabilities 2014: $0Net Assets 2014: $277,3342014Assets 2015: $430,214Liabilities 2015: $0Net Assets 2015: $308,1262015Assets 2016: $380,021Liabilities 2016: $0Net Assets 2016: $372,8142016Assets 2017: $162,154Liabilities 2017: $0Net Assets 2017: $372,7442017Assets 2018: $462,468Liabilities 2018: $0Net Assets 2018: $287,4762018Assets 2019: $499,585Liabilities 2019: $0Net Assets 2019: $330,9602019Assets 2020: $118,654Liabilities 2020: $0Net Assets 2020: $330,9602020Assets 2021: $448,447Liabilities 2021: $41,256Net Assets 2021: $407,1912021Assets 2022: $496,401Liabilities 2022: $40,659Net Assets 2022: $455,7422022Assets 2023: $522,531Liabilities 2023: $12,234Net Assets 2023: $510,2972023Assets 2024: $531,895Liabilities 2024: $12,237Net Assets 2024: $519,6582024

Highlighted filing

2021

Assets$448,447
Liabilities$41,256
Net Assets$407,191
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2011: $59,600Expenses 2011: $52,292Net Income 2011: $7,3082011Revenue 2012: $45,850Expenses 2012: $24,133Net Income 2012: $21,7172012Revenue 2013: $70,875Expenses 2013: $38,811Net Income 2013: $32,0642013Revenue 2014: $83,200Expenses 2014: $17,983Net Income 2014: $65,2172014Revenue 2015: $68,820Expenses 2015: $17,915Net Income 2015: $50,9052015Revenue 2016: $94,925Expenses 2016: $30,237Net Income 2016: $64,6882016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $77,275Expenses 2018: $156,662Net Income 2018: -$79,3872018Revenue 2019: $88,000Expenses 2019: $44,516Net Income 2019: $43,4842019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $75,525Expenses 2021: $36,022Net Income 2021: $39,5032021Revenue 2022: $120,972Expenses 2022: $72,421Net Income 2022: $48,5512022Revenue 2023: $141,481Expenses 2023: $86,927Net Income 2023: $54,5542023Revenue 2024: $122,762Expenses 2024: $113,401Net Income 2024: $9,3612024

Highlighted filing

2021

Revenue$75,525
Expenses$36,022
Net Income$39,503
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.0
Gross Receipts
$75,525
Mission and Program Overview

Mission

Provide affordable housing in disadvantaged area

Provide affordable housing in disadvantaged areaprovide support to disadvantaged students

Program Services

DescriptionGrantsExpenses
Tuition grants to studentsFunds to improve structures in designated areas.--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KOFI HORMEKUPresidentPT$0--
GLORIA OBIOUMATreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Nehemiah Economic Development Inc
EIN
11-3193964
Phone
7183460739
Address
695 MOTHER GASTON BLVD, BROOKLYN, NY 11212

Signing Officer

Name
Kofi Hormeku
Title
President
Signed
2022-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Dependable Tax Service
Address
60 SHELLY LN, GREAT NECK, NY 11023
Preparer
Jeffrey Schapira
Phone
5165242037
Supplemental Narrative

Additional Explanations

Total Liabilities.1

“- Beginning $168625 - Ending $41256”

Raw XML Appendix120 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KOFI HORMEKU
IRS990EZ/BooksInCareOfDetail/PhoneNum07183460739
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0695 MOTHER GASTON BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011212
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0428091
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0350677
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt039503
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0536313
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0448447
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt075525
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt075525
IRS990EZ/LandAndBuildingsGrp/BOYAmt0108222
IRS990EZ/LandAndBuildingsGrp/EOYAmt097770
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0367688
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0407191
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0367688
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0407191
IRS990EZ/OccupancyRentUtltsAndMaintAmt036022
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KOFI HORMEKU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GLORIA OBIOUMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE AFFORDABLE HOUSING IN DISADVANTAGED AREAPROVIDE SUPPORT TO DISADVANTAGED STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Tuition grants to studentsFunds to improve structures in designated areas.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0168625
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt041256
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt036022
IRS990EZ/TotalRevenueAmt075525
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalSupportAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0- Beginning $168625 - Ending $41256
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KOFI HORMEKU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEHEMIAH ECONOMIC DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0NEHE
ReturnHeader/Filer/EIN0113193964
ReturnHeader/Filer/PhoneNum07183460739
ReturnHeader/Filer/USAddress/AddressLine1Txt0695 MOTHER GASTON BLVD
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011212
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113128588
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEPENDABLE TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt060 SHELLY LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREAT NECK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011023
ReturnHeader/PreparerPersonGrp/PhoneNum05165242037
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey Schapira
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-14T08:16:51-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KOFI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HORMEKU
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$448,447
Liabilities
$41,256
Net assets
$407,191
Revenue
$75,525
Expenses
$36,022
Net income
$39,503
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.32$0.12$5.20$1.23$1.13$0.09
2023Detailed filing. Detailed filing data is available for this year.$5.23$0.12$5.10$1.41$0.87$0.55
2022Detailed filing. Detailed filing data is available for this year.$4.96$0.41$4.56$1.21$0.72$0.49
2021Detailed filing. Detailed filing data is available for this year.$4.48$0.41$4.07$0.76$0.36$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.00$3.31$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$5.00$0.00$3.31$0.88$0.45$0.43
2018Detailed filing. Detailed filing data is available for this year.$4.62$0.00$2.87$0.77$1.57$0.79
2017Detailed filing. Detailed filing data is available for this year.$1.62$0.00$3.73$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.73$0.95$0.30$0.65
2015Detailed filing. Detailed filing data is available for this year.$4.30$0.00$3.08$0.69$0.18$0.51
2014Detailed filing. Detailed filing data is available for this year.$2.77$0.00$2.77$0.83$0.18$0.65
2013Detailed filing. Detailed filing data is available for this year.$2.17$0.25$1.92$0.71$0.39$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$1.11$0.00$0.46$0.24$0.22
2011Summary only. Only limited summary data is available for this year.$2.80$1.41$0.60$0.52$0.07