Civic Intelligence

Griot Circle Inc

990 • Fiscal year 2016 • EIN 11-3364328

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 13, 2017

25 Flatbush AvenueBrooklyn, NY 11217

(718) 246-2775

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

Higher debt load relative to assets than 38% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

30th percentile

0.01x

Higher debt load relative to revenue than 30% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Net Margin

81st percentile

16%

Higher net margin than 81% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$85,324

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

2016 filings • NTEE P • $500k-$1M nonprofits • Source year 2016

Asset Growth

92nd percentile

96%

Faster asset growth than 92% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2016 filings • NTEE P • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$167,613

Up $81,967 (+96%) from 2015

Net Assets

Up

$160,527

Up $79,381 (+98%) from 2015

Liabilities

Up

$7,086

Up $2,586 (+57%) from 2015

Revenue

Up

$509,904

Up $87,580 (+21%) from 2015

Expenses

Down

$430,523

Down $3,822 (-0.9%) from 2015

Net Income

Up

$79,381

Up $91,402 (+760%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $224,635Liabilities 2010: $120,397Net Assets 2010: $104,2382010Assets 2011: $132,880Liabilities 2011: $23,725Net Assets 2011: $109,1552011Assets 2012: $103,548Liabilities 2012: $54,507Net Assets 2012: $49,0412012Assets 2013: $158,922Liabilities 2013: $15,809Net Assets 2013: $143,1132013Assets 2014: $112,171Liabilities 2014: $19,004Net Assets 2014: $93,1672014Assets 2015: $85,646Liabilities 2015: $4,500Net Assets 2015: $81,1462015Assets 2016: $167,613Liabilities 2016: $7,086Net Assets 2016: $160,5272016Assets 2017: $97,856Liabilities 2017: $5,135Net Assets 2017: $92,7212017Assets 2018: $200,855Liabilities 2018: $21,026Net Assets 2018: $179,8292018Assets 2019: $188,579Liabilities 2019: $7,756Net Assets 2019: $180,8232019Assets 2020: $400,343Liabilities 2020: $24,910Net Assets 2020: $375,4332020Assets 2021: $258,612Liabilities 2021: $17,888Net Assets 2021: $240,7242021Assets 2022: $246,082Liabilities 2022: $29,802Net Assets 2022: $216,2802022Assets 2023: $397,520Liabilities 2023: $87,508Net Assets 2023: $310,0122023Assets 2024: $487,052Liabilities 2024: $43,662Net Assets 2024: $443,3902024

Highlighted filing

2016

Assets$167,613
Liabilities$7,086
Net Assets$160,527

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $320,4012010Expenses 2011: $435,0412011Revenue 2012: $293,749Expenses 2012: $353,863Net Income 2012: -$60,1142012Revenue 2013: $338,423Expenses 2013: $244,351Net Income 2013: $94,0722013Revenue 2014: $248,362Expenses 2014: $298,308Net Income 2014: -$49,9462014Revenue 2015: $422,324Expenses 2015: $434,345Net Income 2015: -$12,0212015Revenue 2016: $509,904Expenses 2016: $430,523Net Income 2016: $79,3812016Revenue 2017: $388,298Expenses 2017: $456,104Net Income 2017: -$67,8062017Revenue 2018: $570,676Expenses 2018: $483,568Net Income 2018: $87,1082018Revenue 2019: $587,182Expenses 2019: $586,188Net Income 2019: $9942019Revenue 2020: $842,437Expenses 2020: $647,828Net Income 2020: $194,6092020Revenue 2021: $390,827Expenses 2021: $525,536Net Income 2021: -$134,7092021Revenue 2022: $483,189Expenses 2022: $507,633Net Income 2022: -$24,4442022Revenue 2023: $553,398Expenses 2023: $440,542Net Income 2023: $112,8562023Revenue 2024: $558,890Expenses 2024: $425,511Net Income 2024: $133,3792024

Highlighted filing

2016

Revenue$509,904
Expenses$430,523
Net Income$79,381
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 13, 2017
Return Version
2016v3.0
Gross Receipts
$509,904
Mission and Program Overview

Mission

Support for elder LGBT people

Support for elder LGBT people Provide a safe and nurturing environment for older lesbian, gay, bisexual and transgender individuals, and providing programs and support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$65,302$119,228▲ $53,926
Cash and Non-Interest-Bearing Accounts$18,344$40,070▲ $21,726
Prepaid Expenses and Deferred Charges-$6,267-
Savings and Temporary Cash Investments$2,000$2,048▲ $48
Total Assets$85,646$167,613▲ $81,967
Liabilities
Accounts Payable and Accrued Expenses$4,500$7,086▲ $2,586
Total Liabilities$4,500$7,086▲ $2,586
Net Assets / Fund Balance
Temporarily Rstr Net Assets$52,083$90,829▲ $38,746
Unrestricted Net Assets$29,063$69,698▲ $40,635
Total Net Assets Fund Balance$81,146$160,527▲ $79,381
Total Liabilities and Net Assets / Fund Balance$85,646$167,613▲ $81,967
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jose AlbinoExecutive DirectorFT$85,324$85,324

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$509,895
Program Service Revenue
$0
Investment Income
$9
Other Revenue
$0
All Other Contributions
$462,910
Change in Net Assets
$79,381

Audited Revenue Reconciliation

Revenue per Audited Statements
$509,904
Total Revenue per Audited Statements
$509,904
Total Revenue per Form 990
$509,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$255,592
Other Expenses$174,931
Total Fundraising Expense$41,759
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$98,236$14,736$9,824$122,796
Current Officers, Directors, Trustees, and Key Employees$68,260$10,239$6,825$85,324
All Other Expenses$54,528$2,199$13,601$70,328
Payroll Taxes$37,978$5,697$3,797$47,472
Occupancy$19,008$1,056$1,056$21,120
Other Expenses$4,077$0$0$4,077
Total Functional Expenses$336,117$52,647$41,759$430,523

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$430,523
Total Expenses per Audited Statements$430,523
Total Expenses per Form 990$430,523
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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
Filing and Contact Details

Filer

Filer Name
Griot Circle Inc
EIN
11-3364328
Phone
7182462775
Address
25 Flatbush Avenue, Brooklyn, NY 11217

Signing Officer

Name
Jose Albino
Title
Executive Director
Phone
7182462775
Signed
2017-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose Albino
Formed
1997
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
10

Preparer

Firm
Cheryl B Williamson CPA Mba
Address
119 Guyon Ave, Staten Island, NY 10306
Preparer
Cheryl B Williamson
Phone
7189799433
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

Meetings were documented in writing and in minutes.

Pt VI, Line 8B

Meetings were documented in writing and in minutes.

Pt VI, Line 11B

The Board was given the opportunity to review and approve.

Pt VI, Line 12C

Yes, board members were in compliance.

Pt VI, Line 15A

Board reviewed and discussed compensation

Pt VI, Line 15B

Board reviewed and discussed compensation.

Form 990, Part IX, Line 24E

Insurance 2579. 2579. 0. 0.

Form 990, Part IX, Line 24E

Travel 5701. 5416. 114. 171.

Form 990, Part IX, Line 24E

Events 5430. 0. 0. 5430.

Form 990, Part IX, Line 24E

Programs 50299. 42299. 0. 8000.

Form 990, Part IX, Line 24E

Bank and credit card fees 150. 0. 150. 0.

Form 990, Part IX, Line 24E

Dues and subscriptions 5807. 3872. 1935. 0.

Form 990, Part IX, Line 24E

Miscellaneous 362. 362. 0. 0.

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IRS990ScheduleA/PublicSupportTotal170Amt01756215
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0509904
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0422302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0208889
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0338294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0276826
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01756215
IRS990ScheduleA/TotalSupportAmt01756430
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/ExpensesSubtotalAmt0430523
IRS990ScheduleD/RevenueSubtotalAmt0509904
IRS990ScheduleD/TotalExpensesPerForm990Amt0430523
IRS990ScheduleD/TotalRevenuePerForm990Amt0509904
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0509904
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0430523
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Meetings were documented in writing and in minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meetings were documented in writing and in minutes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board was given the opportunity to review and approve.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Yes, board members were in compliance.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Board reviewed and discussed compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Board reviewed and discussed compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance 2579. 2579. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Travel 5701. 5416. 114. 171.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Events 5430. 0. 0. 5430.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Programs 50299. 42299. 0. 8000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bank and credit card fees 150. 0. 150. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Dues and subscriptions 5807. 3872. 1935. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Miscellaneous 362. 362. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt052083
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt090829
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt085646
IRS990/TotalAssetsEOYAmt0167613
IRS990/TotalAssetsGrp/BOYAmt085646
IRS990/TotalAssetsGrp/EOYAmt0167613
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0509895
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt041759
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt052647
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0336117
IRS990/TotalFunctionalExpensesGrp/TotalAmt0430523
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04500
IRS990/TotalLiabilitiesEOYAmt07086
IRS990/TotalLiabilitiesGrp/BOYAmt04500
IRS990/TotalLiabilitiesGrp/EOYAmt07086
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt081146
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0160527
IRS990/TotalProgramServiceExpensesAmt0336117
IRS990/TotalReportableCompFromOrgAmt085324
IRS990/TotalRevenueGrp/ExclusionAmt09
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0509904
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt085646
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0167613
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt029063
IRS990/UnrestrictedNetAssetsGrp/EOYAmt069698
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt025 Flatbush Ave
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011217
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.griotcircle.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSE ALBINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07182462775
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Griot Circle Inc
ReturnHeader/Filer/BusinessNameControlTxt0GRIO
ReturnHeader/Filer/EIN0113364328
ReturnHeader/Filer/PhoneNum07182462775
ReturnHeader/Filer/USAddress/AddressLine1Txt025 Flatbush Avenue
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011217
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0693D493AEF2F45273850D1555A441F2779696E8E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0693D493AEF2F45273850D1555A441F2779696E8E
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.33.97.58
ReturnHeader/FilingSecurityInformation/IPDt02017-04-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm015:36:43
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHERYL B WILLIAMSON CPA MBA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0119 Guyon Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Staten Island
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010306
ReturnHeader/PreparerPersonGrp/PhoneNum07189799433
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHERYL B WILLIAMSON
ReturnHeader/ReturnTs02017-04-12T15:36:55-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$0.44$4.43$5.59$4.26$1.33
2023Detailed filing. Detailed filing data is available for this year.$3.98$0.88$3.10$5.53$4.41$1.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$0.30$2.16$4.83$5.08$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.18$2.41$3.91$5.26$1.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.25$3.75$8.42$6.48$1.95
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.08$1.81$5.87$5.86$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.01$0.21$1.80$5.71$4.84$0.87
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.05$0.93$3.88$4.56$0.68
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.07$1.61$5.10$4.31$0.79
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.86$0.05$0.81$4.22$4.34$0.12
2014Summary only. Only limited summary data is available for this year.$1.12$0.19$0.93$2.48$2.98$0.50
2013Summary only. Only limited summary data is available for this year.$1.59$0.16$1.43$3.38$2.44$0.94
2012Summary only. Only limited summary data is available for this year.$1.04$0.55$0.49$2.94$3.54$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.24$1.09$4.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.25$1.20$1.04$3.20