Civic Intelligence

Childrens Athletic Developement Association Inc

990 • Fiscal year 2020 • EIN 11-3422705

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 19, 2021

1233 E 7th StreetBrooklyn, NY 11230

(718) 375-6859

Siviq Scores

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

Liabilities / Assets

98th percentile

2.55x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

0.58x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-121%

Higher net margin than 7% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Top Officer Pay

100th percentile

$93,000

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 88.4% of source-year revenue.

2020 filings • NTEE N60 • <$500k nonprofits • Source year 2020

Asset Growth

5th percentile

-74%

Faster asset growth than 5% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-69%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • NTEE N60 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$24,000

Down $66,593 (-74%) from 2019

Net Assets

Down

-$37,243

Down $127,567 (-141%) from 2019

Liabilities

Up

$61,243

Up $60,974 (+22667%) from 2019

Revenue

Down

$105,215

Down $238,230 (-69%) from 2019

Expenses

Down

$232,782

Down $100,894 (-30%) from 2019

Net Income

Down

-$127,567

Down $137,336 (-1406%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100K-$200KAssets 2010: $34,988Liabilities 2010: $6,831Net Assets 2010: $28,1572010Assets 2011: $13,066Liabilities 2011: $0Net Assets 2011: $13,0662011Assets 2012: $24,781Liabilities 2012: $9,018Net Assets 2012: $15,7632012Assets 2013: $64,691Liabilities 2013: $0Net Assets 2013: $64,6912013Assets 2014: $57,006Liabilities 2014: $986Net Assets 2014: $56,0202014Assets 2015: $135,002Liabilities 2015: $1,100Net Assets 2015: $133,9022015Assets 2016: $37,121Liabilities 2016: $572Net Assets 2016: $36,5492016Assets 2017: $110,502Liabilities 2017: $8,705Net Assets 2017: $101,7972017Assets 2018: $80,692Liabilities 2018: $137Net Assets 2018: $80,5552018Assets 2019: $90,593Liabilities 2019: $269Net Assets 2019: $90,3242019Assets 2020: $24,000Liabilities 2020: $61,243Net Assets 2020: -$37,2432020Assets 2021: $169,328Liabilities 2021: $200,431Net Assets 2021: -$31,1032021Assets 2022: $25,357Liabilities 2022: $201,333Net Assets 2022: -$175,9762022Assets 2023: $27,896Liabilities 2023: $200,033Net Assets 2023: -$172,1372023Assets 2024: $18,050Liabilities 2024: $199,972Net Assets 2024: -$181,9222024

Highlighted filing

2020

Assets$24,000
Liabilities$61,243
Net Assets-$37,243

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $214,5372010Expenses 2011: $264,1312011Expenses 2012: $267,6202012Revenue 2013: $259,238Expenses 2013: $210,310Net Income 2013: $48,9282013Revenue 2014: $252,531Expenses 2014: $261,202Net Income 2014: -$8,6712014Revenue 2015: $375,386Expenses 2015: $297,504Net Income 2015: $77,8822015Revenue 2016: $233,443Expenses 2016: $331,783Net Income 2016: -$98,3402016Revenue 2017: $391,870Expenses 2017: $326,622Net Income 2017: $65,2482017Revenue 2018: $304,830Expenses 2018: $326,072Net Income 2018: -$21,2422018Revenue 2019: $343,445Expenses 2019: $333,676Net Income 2019: $9,7692019Revenue 2020: $105,215Expenses 2020: $232,782Net Income 2020: -$127,5672020Revenue 2021: $399,398Expenses 2021: $193,804Net Income 2021: $205,5942021Revenue 2022: $301,190Expenses 2022: $446,063Net Income 2022: -$144,8732022Revenue 2023: $346,036Expenses 2023: $342,197Net Income 2023: $3,8392023Revenue 2024: $415,005Expenses 2024: $424,790Net Income 2024: -$9,7852024

Highlighted filing

2020

Revenue$105,215
Expenses$232,782
Net Income-$127,567
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 19, 2021
Return Version
2020v4.0
Gross Receipts
$105,215
Mission and Program Overview

Mission

To promote, foster, and encourage sportsmanship, athletic leagues, and recreational sports contests in the juvenile age groups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$66,593--
Land, Buildings, and Equipment, Net$16,300$16,300→ $0
Rtn Earn Endowment Incm Other Fnds$90,324$-37,243▼ $127,567
Total Assets$90,593$24,000▼ $66,593
Other Assets Total$7,700$7,700→ $0
Liabilities
Other Liabilities-$61,159-
Accounts Payable and Accrued Expenses$269$84▼ $185
Total Liabilities$269$61,243▲ $60,974
Net Assets / Fund Balance
Total Net Assets Fund Balance$90,324$-37,243▼ $127,567
Total Liabilities and Net Assets / Fund Balance$90,593$24,000▼ $66,593

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,300-$16,300
Other Assets Org$7,700--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Victor GindiPresidentFT$93,000$93,000
Celia BrahaDirectorPT$16,000$16,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$105,215
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-127,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$154,676
Other Expenses$78,106
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$109,000--$109,000
Other Salaries and Wages$34,399--$34,399
Payroll Taxes$11,277--$11,277
Advertising$8,494--$8,494
All Other Expenses$5,137--$5,137
Insurance$3,285--$3,285
Office Expenses$3,099--$3,099
Fees for Services Accounting$2,800--$2,800
Other Expenses$1,753--$1,753
Fees for Services Other$32--$32
Total Functional Expenses$232,782$0$0$232,782
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Small Business Loan$54,580
Due to Bank$6,269
Payroll Tax Liability$310
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 2

Victor gindi celia braha gindi president director husband & wife

Form 990, Page 6, Part VI, Line 11B

Form 990 is presented to the board for review before they authorize the e- filing of the return.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Childrens Athletic Developement
EIN
11-3422705
Phone
7183756859
Address
1233 E 7TH STREET, BROOKLYN, NY 11230

Signing Officer

Name
Victor Gindi
Title
President
Phone
7183756859
Signed
2021-10-19

Organization Details

Principal Officer
Victor Gindi
Formed
1998
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
1
Employees
16

Preparer

Firm
Schwartz Accounting Inc
Address
3105 QUENTIN RD, BROOKLYN, NY 11234
Preparer
Larry Schwartz CPA
Phone
7183362400
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To promote, foster, and encourage sportsmanship, athletic leagues, and recreational sports contests in the juvenile age groups.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VICTOR GINDI CELIA BRAHA GINDI PRESIDENT DIRECTOR HUSBAND & WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PRESENTED TO THE BOARD FOR REVIEW BEFORE THEY AUTHORIZE THE E- FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE AVAILABLE UPON REQUEST.
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ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011230
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113365429
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCHWARTZ ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03105 QUENTIN RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011234
ReturnHeader/PreparerPersonGrp/PhoneNum07183362400
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LARRY SCHWARTZ CPA
ReturnHeader/ReturnTs02021-11-09T11:58:07-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VICTOR
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GINDI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.18$2.00$1.82$4.15$4.25$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.28$2.00$1.72$3.46$3.42$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$2.01$1.76$3.01$4.46$1.45
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$2.00$0.31$3.99$1.94$2.06
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.61$0.37$1.05$2.33$1.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.00$0.90$3.43$3.34$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.00$0.81$3.05$3.26$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.09$1.02$3.92$3.27$0.65
2016Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.37$2.33$3.32$0.98
2015Detailed filing. Detailed filing data is available for this year.$1.35$0.01$1.34$3.75$2.98$0.78
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.01$0.56$2.53$2.61$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$2.59$2.10$0.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.09$0.16$2.68
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$2.64
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.07$0.28$2.15