Civic Intelligence

Griot Circle Inc

990 • Fiscal year 2017 • EIN 11-3364328

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 05, 2018

25 Flatbush Avenue No 5th FLBrooklyn, NY 11217

(718) 246-2775

Siviq Scores

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

Liabilities / Assets

71st percentile

0.05x

Higher debt load relative to assets than 71% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Net Margin

16th percentile

-17%

Higher net margin than 16% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Top Officer Pay

99th percentile

$87,738

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 22.6% of source-year revenue.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Asset Growth

14th percentile

-42%

Faster asset growth than 14% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-24%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$97,856

Down $69,757 (-42%) from 2016

Net Assets

Down

$92,721

Down $67,806 (-42%) from 2016

Liabilities

Down

$5,135

Down $1,951 (-28%) from 2016

Revenue

Down

$388,298

Down $121,606 (-24%) from 2016

Expenses

Up

$456,104

Up $25,581 (+5.9%) from 2016

Net Income

Down

-$67,806

Down $147,187 (-185%) from 2016

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

2017

Assets$97,856
Liabilities$5,135
Net Assets$92,721

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

2017

Revenue$388,298
Expenses$456,104
Net Income-$67,806
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 5, 2018
Return Version
2017v2.3
Gross Receipts
$388,298
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
Cash and Non-Interest-Bearing Accounts$40,070$49,369▲ $9,299
Accounts Receivable$119,228$44,588▼ $74,640
Savings and Temporary Cash Investments$2,048$2,099▲ $51
Prepaid Expenses and Deferred Charges$6,267$1,800▼ $4,467
Total Assets$167,613$97,856▼ $69,757
Liabilities
Accounts Payable and Accrued Expenses$7,086$5,135▼ $1,951
Total Liabilities$7,086$5,135▼ $1,951
Net Assets / Fund Balance
Temporarily Rstr Net Assets$90,829$46,362▼ $44,467
Unrestricted Net Assets$69,698$46,359▼ $23,339
Total Net Assets Fund Balance$160,527$92,721▼ $67,806
Total Liabilities and Net Assets / Fund Balance$167,613$97,856▼ $69,757
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jose AlbinoExecutive DirectorFT$87,738$87,738

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$368,083
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$20,214
All Other Contributions
$306,174
Change in Net Assets
$-67,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$303,431
Other Expenses$152,673
Total Fundraising Expense$36,831
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$128,353$25,671$17,113$171,137
Current Officers, Directors, Trustees, and Key Employees$65,804$13,161$8,773$87,738
Payroll Taxes$19,052$3,811$2,540$25,403
All Other Expenses$15,265$1,632$2,126$19,023
Other Employee Benefits$11,589$2,318$1,545$15,452
Occupancy$13,743$764$764$15,271
Insurance$7,895$1,579$1,054$10,528
Conferences and Meetings$9,170--$9,170
Other Expenses$7,349$1,021$510$7,349
Pension Plan Contributions$2,776$555$370$3,701
Travel$1,170--$1,170
Advertising--$520$520
Total Functional Expenses$353,301$65,972$36,831$456,104
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,214
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$20,214$20,214-$20,214
Total Events$20,214$20,214-$20,214
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
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, Section B, Line 11B

The board was given the opportunity to review and approve

Form 990, Part VI, Section B, Line 12C

Board members were in compliance

Form 990, Part VI, Section B, Line 15

Pt vi, line 15a board reviewed and discussed compensation pt vi, line 15b board reviewed and discussed compensation

Form 990, Part VI, Section C, Line 18

AVAILABLE UPON REQUEST

Form 990, Part VI, Section C, Line 19

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Griot Circle Inc
EIN
11-3364328
Phone
7182462775
Address
25 FLATBUSH AVENUE NO 5TH FL, BROOKLYN, NY 11217

Signing Officer

Name
Jose Albino
Title
Executive Director
Phone
7182462775
Signed
2018-10-05

Organization Details

Principal Officer
Jose Albino
Formed
1997
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
14
Employees
6
Volunteers
0

Preparer

Firm
Robert a Woloshen CPA Pc
Address
29 WEST 15TH STREET, NEW YORK, NY 10011
Preparer
Robert Woloshen CPA
Phone
2128433486
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IRS990/Desc0GRIOT CIRCLE, INC. PROVIDES PSYCHOLOGICAL, EDUCATIONAL AND RECREATIONAL HEALTH AND WELLNESS PROGRAMS TO ITS MEMBERS THAT INCLUDE MEN OVER 50, AN HIV SUPPORT GROUP, WOMEN'S SUPPORT GROUP, A WEEKLY BOOK CLUB AND WOOD CARVING, COMPUTER, NUTRITIONAL EDUCATION, HEALTH MANAGEMENT, TAI CHI AND SELF-DENENSE CLASSES. THE ORGANIZATION ALSO PROVIDE ON SITE CASE MANAGEMENT SERVICES AND CONGREGATE LUNCH. THROUGH ITS VARIOUS COMMUNITY PARTNERSHIPS, MEMBERS ENGAGE IN LEADERSHIP DEVELOPMENT OPPORTUNITIES AND ADVOCATE FOR LGBT ELDER COMMUNITIES OF COLOR.
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IRS990/OtherExpensesGrp/Desc3PRINTING / SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt01516
IRS990/OtherExpensesGrp/FundraisingAmt1510
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015254
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1206
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21021
IRS990/OtherExpensesGrp/ProgramServicesAmt035593
IRS990/OtherExpensesGrp/ProgramServicesAmt126863
IRS990/OtherExpensesGrp/ProgramServicesAmt28679
IRS990/OtherExpensesGrp/ProgramServicesAmt37349
IRS990/OtherExpensesGrp/TotalAmt050847
IRS990/OtherExpensesGrp/TotalAmt128585
IRS990/OtherExpensesGrp/TotalAmt210210
IRS990/OtherExpensesGrp/TotalAmt37349
IRS990/OtherInd0X
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt017113
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt025671
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0128353
IRS990/OtherSalariesAndWagesGrp/TotalAmt0171137
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02540
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03811
IRS990/PayrollTaxesGrp/ProgramServicesAmt019052
IRS990/PayrollTaxesGrp/TotalAmt025403
IRS990/PensionPlanContributionsGrp/FundraisingAmt0370
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0555
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02776
IRS990/PensionPlanContributionsGrp/TotalAmt03701
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06267
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01800
IRS990/PrincipalOfficerNm0JOSE ALBINO
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0509895
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09
IRS990/PYOtherExpensesAmt0174931
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt079381
IRS990/PYSalariesCompEmpBnftPaidAmt0255592
IRS990/PYTotalExpensesAmt0430523
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0509904
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-67806
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02048
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02099
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0388299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0509904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0422302
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0208889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0338294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01867688
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0101
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0192
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99990
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01867688
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0388299
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0509904
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0422302
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0208889
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0338294
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01867688
IRS990ScheduleA/TotalSupportAmt01867880
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020214
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020214
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020214
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD WAS GIVEN THE OPPORTUNITY TO REVIEW AND APPROVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS WERE IN COMPLIANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PT VI, LINE 15A BOARD REVIEWED AND DISCUSSED COMPENSATION PT VI, LINE 15B BOARD REVIEWED AND DISCUSSED COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt090829
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt046362
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0167613
IRS990/TotalAssetsEOYAmt097856
IRS990/TotalAssetsGrp/BOYAmt0167613
IRS990/TotalAssetsGrp/EOYAmt097856
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0368083
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt036831
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt065972
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0353301
IRS990/TotalFunctionalExpensesGrp/TotalAmt0456104
IRS990/TotalGrossUBIAmt01
IRS990/TotalLiabilitiesBOYAmt07086
IRS990/TotalLiabilitiesEOYAmt05135
IRS990/TotalLiabilitiesGrp/BOYAmt07086
IRS990/TotalLiabilitiesGrp/EOYAmt05135
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0160527
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt092721
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0353301
IRS990/TotalReportableCompFromOrgAmt087738
IRS990/TotalRevenueGrp/ExclusionAmt020214
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0388298
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt01
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0167613
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt097856
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt01170
IRS990/TravelGrp/TotalAmt01170
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

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
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.05$0.93$3.88$4.56$0.68
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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