Civic Intelligence

Kids Orbit Inc.

990 • Fiscal year 2013 • EIN 11-3277883

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

694 Fifth AvenueBrooklyn, NY 11215

(718) 768-4426

Siviq Scores

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

Liabilities / Assets

40th percentile

0.06x

Higher debt load relative to assets than 40% of similar nonprofits.

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

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

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

Net Margin

42nd percentile

0.2%

Higher net margin than 42% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$138,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 9.4% of source-year revenue.

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

Asset Growth

16th percentile

-7.2%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

78th percentile

25%

Faster revenue growth than 78% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2013

Assets

Down

$398,831

Down $30,805 (-7.2%) from 2012

Net Assets

Up

$375,173

Up $3,553 (+1.0%) from 2012

Liabilities

Down

$23,658

Down $34,358 (-59%) from 2012

Revenue

$1,472,962

No earlier filing loaded for comparison.

Expenses

Up

$1,469,409

Up $210,901 (+17%) from 2012

Net Income

$3,553

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $195,953Liabilities 2010: $31,372Net Assets 2010: $164,5812010Assets 2011: $241,207Liabilities 2011: $14,210Net Assets 2011: $226,9972011Assets 2012: $429,636Liabilities 2012: $58,016Net Assets 2012: $371,6202012Assets 2013: $398,831Liabilities 2013: $23,658Net Assets 2013: $375,1732013Assets 2014: $540,342Liabilities 2014: $26,678Net Assets 2014: $513,6642014Assets 2015: $704,759Liabilities 2015: $160,283Net Assets 2015: $544,4762015Assets 2016: $612,434Liabilities 2016: $25,038Net Assets 2016: $587,3962016Assets 2017: $814,340Liabilities 2017: $36,013Net Assets 2017: $778,3272017Assets 2018: $1,192,897Liabilities 2018: $74,811Net Assets 2018: $1,118,0862018Assets 2019: $1,183,950Liabilities 2019: $64,402Net Assets 2019: $1,119,5482019Assets 2020: $1,452,538Liabilities 2020: $99,590Net Assets 2020: $1,352,9482020Assets 2021: $2,164,460Liabilities 2021: $685,064Net Assets 2021: $1,479,3962021Assets 2022: $3,257,339Liabilities 2022: $674,130Net Assets 2022: $2,583,2092022Assets 2023: $4,054,559Liabilities 2023: $689,893Net Assets 2023: $3,364,6662023

Highlighted filing

2013

Assets$398,831
Liabilities$23,658
Net Assets$375,173

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2010: $697,788Expenses 2010: $708,756Net Income 2010: -$10,9682010Revenue 2011: $945,579Expenses 2011: $883,164Net Income 2011: $62,4152011Expenses 2012: $1,258,5082012Revenue 2013: $1,472,962Expenses 2013: $1,469,409Net Income 2013: $3,5532013Revenue 2014: $1,892,858Expenses 2014: $1,754,367Net Income 2014: $138,4912014Revenue 2015: $1,994,203Expenses 2015: $1,963,391Net Income 2015: $30,8122015Revenue 2016: $2,071,172Expenses 2016: $2,028,252Net Income 2016: $42,9202016Revenue 2017: $2,675,637Expenses 2017: $2,484,706Net Income 2017: $190,9312017Revenue 2018: $3,048,675Expenses 2018: $2,708,916Net Income 2018: $339,7592018Revenue 2019: $3,284,698Expenses 2019: $3,283,236Net Income 2019: $1,4622019Revenue 2020: $1,987,348Expenses 2020: $1,753,948Net Income 2020: $233,4002020Revenue 2021: $2,161,799Expenses 2021: $2,035,351Net Income 2021: $126,4482021Revenue 2022: $4,116,616Expenses 2022: $3,012,803Net Income 2022: $1,103,8132022Revenue 2023: $5,032,346Expenses 2023: $4,250,889Net Income 2023: $781,4572023

Highlighted filing

2013

Revenue$1,472,962
Expenses$1,469,409
Net Income$3,553
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.1
Gross Receipts
$1,472,962
Mission and Program Overview

Mission

The mission of kids orbit is to provide sensible after school programs for young people that are designed and conducted to promote positive youth developement and support the schools, parents and communities.

The mission of kids orbit is to provide sensible after school programs for young people that are designed and conducted to promote positive youth development and support the schools, parents and communities with which we partner.values kids orbit provides safe, healhty and flexible programs that are tailored to the needs of the student participants. Kids orbit staff memebers are an integral part of the program sucess: well-trained, energetic and focused leaders. Kids orbit promotes creative learning outlets while supporting school values and school curriculums.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$371,620$375,173▲ $3,553
Investments in Publicly Traded Securities$280,447$296,337▲ $15,890
Pledges and Grants Receivable$107,766$0▼ $107,766
Cash and Non-Interest-Bearing Accounts$9,949$67,913▲ $57,964
Prepaid Expenses and Deferred Charges-$24,284-
Accounts Receivable$31,474$10,297▼ $21,177
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$429,636$398,831▼ $30,805
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$58,016$23,658▼ $34,358
Total Liabilities$58,016$23,658▼ $34,358
Net Assets / Fund Balance
Total Net Assets Fund Balance$371,620$375,173▲ $3,553
Total Liabilities and Net Assets / Fund Balance$429,636$398,831▼ $30,805

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$8,250-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ronny SchindlerPresidentFT$138,000$138,000

Board Members and Trustees

NameTitle
Arnold PeltzDirector
Bernard AllenDirector
John DudaDirector
Oded Ben AminDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$10,067
Program Service Revenue
$1,447,006
Investment Income
$15,889
Other Revenue
$0
All Other Contributions
$10,067
Change in Net Assets
$3,553
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$986,975
Other Expenses$482,434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$755,039--$755,039
Current Officers, Directors, Trustees, and Key Employees$138,000--$138,000
Payroll Taxes$93,936--$93,936
All Other Expenses$49,173--$49,173
Insurance$45,168--$45,168
Fees for Services Other$25,758--$25,758
Other Expenses$17,326--$17,326
Fees for Services Accounting$2,750$3,500-$6,250
Office Expenses$5,146--$5,146
Advertising$1,389--$1,389
Total Functional Expenses$1,465,909$3,500$0$1,469,409
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Ronny SchindlerOfficerPayment for ServicesNo-

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
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
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

Each board member is given a draft for review prior to the filing of the 990

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

All documents and financial statements are available to the public on request

Filing and Contact Details

Filer

EIN
11-3277883
Phone
7187684426

Signing Officer

Name
Ronny Schindler
Title
President
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronny Schindler
Formed
1996
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
146

Preparer

Preparer
Alan Grossman
Phone
6312181001
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01472962
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0371620
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0375173
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt010067
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0315100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0325167
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015900
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt014993
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03354
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03452
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt037699
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01447006
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01073038
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0942225
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0694336
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0631382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04787987
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015900
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt014993
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03354
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03452
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt037699
IRS990ScheduleA/InvestmentIncomeCYPct00.00730
IRS990ScheduleA/InvestmentIncomePYPct00.00500
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99270
IRS990ScheduleA/PublicSupportPY509Pct00.99500
IRS990ScheduleA/PublicSupportTotal509Amt05113154
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01457073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01388138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0942225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0694336
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0631382
IRS990ScheduleA/Total509Grp/TotalAmt05113154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01472973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01403131
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0945579
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0697788
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0631382
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05150853
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08250
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt08250
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0RONNY SCHINDLER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PAYMENT FOR SERVICES
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0PAYMENT IS TO A CORPORATION 100% OWNED BY THE OFFICER. THE PAYMENT IS FOR USE OF FACILITIES AND SUPPORT SERVICES RENDERED TO KIDS ORBIT, INC.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH BOARD MEMBER IS GIVEN A DRAFT FOR REVIEW PRIOR TO THE FILING OF THE 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0429636
IRS990/TotalAssetsEOYAmt0398831
IRS990/TotalAssetsGrp/BOYAmt0429636
IRS990/TotalAssetsGrp/EOYAmt0398831
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010067
IRS990/TotalEmployeeCnt0146
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03500
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01465909
IRS990/TotalFunctionalExpensesGrp/TotalAmt01469409
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt058016
IRS990/TotalLiabilitiesEOYAmt023658
IRS990/TotalLiabilitiesGrp/BOYAmt058016
IRS990/TotalLiabilitiesGrp/EOYAmt023658
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0371620
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0375173
IRS990/TotalProgramServiceExpensesAmt01465909
IRS990/TotalProgramServiceRevenueAmt01447006
IRS990/TotalReportableCompFromOrgAmt0138000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01462895
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01472962
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0429636
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0398831
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10694 5th AVENUE
IRS990/USAddress/City0BROOKLYN
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode011215
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0KIDSORBIT.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONNY SCHINDLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10KIDS ORBIT INC
ReturnHeader/Filer/BusinessNameControlTxt0KIDS
ReturnHeader/Filer/EIN0113277883
ReturnHeader/Filer/PhoneNum07187684426
ReturnHeader/Filer/USAddress/AddressLine10694 FIFTH AVENUE
ReturnHeader/Filer/USAddress/City0BROOKLYN
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode011215
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Artic 7
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101650 Sycamore Avenue Suite 45
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Bohemia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode011716
ReturnHeader/PreparerPersonGrp/PhoneNum06312181001
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alan Grossman
ReturnHeader/ReturnTs02014-11-14T10:10:19-08:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.05$0.69$3.36$5.03$4.25$0.78
2022Detailed filing. Detailed filing data is available for this year.$3.26$0.67$2.58$4.12$3.01$1.10
2021Detailed filing. Detailed filing data is available for this year.$2.16$0.69$1.48$2.16$2.04$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.45$0.10$1.35$1.99$1.75$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.18$0.06$1.12$3.28$3.28$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.07$1.12$3.05$2.71$0.34
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.04$0.78$2.68$2.48$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.59$2.07$2.03$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.16$0.54$1.99$1.96$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.03$0.51$1.89$1.75$0.14
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.02$0.38$1.47$1.47$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.06$0.37$1.26
2011Summary only. Only limited summary data is available for this year.$0.24$0.01$0.23$0.95$0.88$0.06
2010Summary only. Only limited summary data is available for this year.$0.20$0.03$0.16$0.70$0.71$0.01