Civic Intelligence

Cay Community Services Organization Inc

EIN 11-3235840 • 501(c)3 • Brooklyn, NY

Profile

Charitable and educational

65 Maspeth Avenue 2nd FloorBrooklyn, NY 11211

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.75x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.53x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

26th percentile

-7.8%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

68th percentile

$51,445

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

78th percentile

23%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-32%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$456,189

Up $86,650 (+23%) from 2020

Liabilities

Up

$343,252

Up $137,064 (+66%) from 2020

Net Assets

Down

$112,937

Down $50,414 (-31%) from 2020

Revenue

Down

$645,045

Down $298,595 (-32%) from 2020

Expenses

Down

$695,459

Down $187,952 (-21%) from 2020

Net Income

Down

-$50,414

Down $110,643 (-184%) from 2020

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $153,882Liabilities 2011: $52,523Net Assets 2011: $101,3592011Assets 2012: $156,545Liabilities 2012: $31,399Net Assets 2012: $125,1462012Assets 2013: $147,880Liabilities 2013: $32,443Net Assets 2013: $115,4372013Assets 2014: $154,642Liabilities 2014: $24,564Net Assets 2014: $130,0782014Assets 2015: $150,305Liabilities 2015: $80,274Net Assets 2015: $70,0312015Assets 2016: $116,485Liabilities 2016: $88,315Net Assets 2016: $28,1702016Assets 2017: $302,889Liabilities 2017: $260,929Net Assets 2017: $41,9602017Assets 2018: $345,204Liabilities 2018: $245,463Net Assets 2018: $99,7412018Assets 2019: $291,581Liabilities 2019: $188,459Net Assets 2019: $103,1222019Assets 2020: $369,539Liabilities 2020: $206,188Net Assets 2020: $163,3512020Assets 2021: $456,189Liabilities 2021: $343,252Net Assets 2021: $112,9372021

Highlighted filing

2021

Assets$456,189
Liabilities$343,252
Net Assets$112,937

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $757,1192011Expenses 2012: $769,7622012Revenue 2013: $786,738Expenses 2013: $796,447Net Income 2013: -$9,7092013Revenue 2014: $869,394Expenses 2014: $854,753Net Income 2014: $14,6412014Revenue 2015: $883,558Expenses 2015: $943,605Net Income 2015: -$60,0472015Revenue 2016: $1,006,211Expenses 2016: $1,048,072Net Income 2016: -$41,8612016Revenue 2017: $1,036,249Expenses 2017: $1,022,458Net Income 2017: $13,7912017Revenue 2018: $1,078,564Expenses 2018: $1,020,783Net Income 2018: $57,7812018Revenue 2019: $1,088,707Expenses 2019: $1,085,326Net Income 2019: $3,3812019Revenue 2020: $943,640Expenses 2020: $883,411Net Income 2020: $60,2292020Revenue 2021: $645,045Expenses 2021: $695,459Net Income 2021: -$50,4142021

Highlighted filing

2021

Revenue$645,045
Expenses$695,459
Net Income-$50,414

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 31, 2022
Return Version
2020v4.0
Gross Receipts
$645,045
Mission and Program Overview

Mission

Charitable and educational

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$181,594$232,565▲ $50,971
Accounts Receivable$117,216$115,048▼ $2,168
Cash and Non-Interest-Bearing Accounts$48,415$89,611▲ $41,196
Prepaid Expenses and Deferred Charges$4,112$762▼ $3,350
Savings and Temporary Cash Investments-$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$369,539$456,189▲ $86,650
Other Assets Total$18,202$18,203▲ $1
Liabilities
Mortgage Notes Payable Secured by Investment Property$156,520$189,986▲ $33,466
Grants Payable-$135,368-
Accounts Payable and Accrued Expenses$49,668$17,898▼ $31,770
Total Liabilities$206,188$343,252▲ $137,064
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$163,351$112,937▼ $50,414
Total Net Assets Fund Balance$163,351$112,937▼ $50,414
Total Liabilities and Net Assets / Fund Balance$369,539$456,189▲ $86,650

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$121,566$92,904$214,470
Equipment$110,999$36,294$147,293
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brendon DavisExecutive DirectorFT$51,445$51,445
sherry grangerassc directorFT$35,006$35,006
Alicia DavisChairmanPT$18,249$18,249

Board Members and Trustees

NameTitle
Cynthia WilkinsTrustee
Amber DavisSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$21,556
Program Service Revenue
$623,464
Investment Income
$25
Other Revenue
$0
Change in Net Assets
$-50,414

Audited Revenue Reconciliation

Revenue per Audited Statements
$645,045
Revenue Not Reported on Form 990
$127,632
Total Revenue per Audited Statements
$772,677
Total Revenue per Form 990
$645,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$402,818
Other Expenses$292,641
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$223,521$25,460-$248,981
Occupancy$122,994$6,474-$129,468
Current Officers, Directors, Trustees, and Key Employees$52,350$52,350-$104,700
Depreciation Depletion$25,898$4,570-$30,468
Payroll Taxes$23,745$6,698-$30,443
Insurance$24,398$1,284-$25,682
Other Employee Benefits$14,581$4,113-$18,694
Fees for Services Accounting$12,266$5,734-$18,000
Fees for Services Legal$10,673--$10,673
Office Expenses$9,800$516-$10,316
All Other Expenses$7,039$715-$7,754
Other Expenses$4,599$1,296-$5,895
Travel$1,317$13-$1,330
Total Functional Expenses$563,681$131,778$0$695,459

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$695,459
Total Expenses per Audited Statements$695,459
Total Expenses per Form 990$695,459
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
No
Business relationship with 35% controlled entity
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
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 2: Description of Business or Family Relationship of Officers, Directors, Et

Alicia davis and brendan davis, current officers, are the decendants of claudia morgan, founder and former executive director.

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

Filings are reviewed with management and board members before filing.

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

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Cay Community Services Organization Inc
EIN
11-3235840
Phone
7186245585
Address
65 Maspeth Avenue 2nd Floor, Brooklyn, NY 11211

Signing Officer

Name
Brendon Davis
Title
Executive Director
Signed
2022-01-31
Discuss with paid preparer
Yes

Organization Details

Formed
1994
Voting Board Members
3
Independent Board Members
3
Employees
30

Preparer

Firm
Loewenwarter & Co LLP
Address
200 Old Country Road Suite 274, Mineola, NY 11501
Preparer
Joel Quirk
Phone
5167399777
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Payroll protection program grant $1 recognized on prior year 990 $127631

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0217349
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01301408
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0258328
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0217349
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt036294
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt092904
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IRS990ScheduleD/RevenueNotReportedAmt0127632
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Payroll protection program grant $1 recognized on prior year 990 $127631
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALICIA DAVIS AND BRENDAN DAVIS, CURRENT OFFICERS, ARE THE DECENDANTS OF CLAUDIA MORGAN, FOUNDER AND FORMER EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FILINGS ARE REVIEWED WITH MANAGEMENT AND BOARD MEMBERS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt065 Maspeth Avenue 2nd Floor
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011211
IRS990/VotingMembersGoverningBodyCnt03
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IRS990/WhistleblowerPolicyInd0true
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
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