Civic Intelligence

Janice Michelle Foundation Inc C/O Jad Consulting LLC

990PF • Fiscal year 2019 • EIN 11-3458719

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 04, 2020

61 Broadway-suite 512New York, NY 10006

(212) 509-3525

Siviq Scores

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

Liabilities / Assets

79th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

75th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

Net Margin

10th percentile

-226%

Higher net margin than 10% of similar nonprofits.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Source year 2019

Asset Growth

13th percentile

-6.8%

Faster asset growth than 13% of similar nonprofits.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-72%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • NTEE T20 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,721,012

Down $124,674 (-6.8%) from 2018

Net Assets

Down

$1,721,012

Down $124,674 (-6.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$55,094

Down $144,953 (-72%) from 2018

Expenses

Up

$179,768

Up $93,716 (+109%) from 2018

Net Income

Down

-$124,674

Down $238,669 (-209%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,127,801Liabilities 2011: $02011Assets 2012: $1,277,961Liabilities 2012: $0Net Assets 2012: $1,277,9612012Assets 2013: $1,174,663Liabilities 2013: $0Net Assets 2013: $1,174,6632013Assets 2014: $1,533,572Liabilities 2014: $0Net Assets 2014: $1,533,5722014Assets 2015: $1,539,083Liabilities 2015: $0Net Assets 2015: $1,539,0832015Assets 2016: $1,625,258Liabilities 2016: $0Net Assets 2016: $1,625,2582016Assets 2017: $1,731,691Liabilities 2017: $0Net Assets 2017: $1,731,6912017Assets 2018: $1,845,686Liabilities 2018: $0Net Assets 2018: $1,845,6862018Assets 2019: $1,721,012Liabilities 2019: $0Net Assets 2019: $1,721,0122019Assets 2020: $1,953,451Liabilities 2020: $0Net Assets 2020: $1,953,4512020Assets 2021: $2,046,630Liabilities 2021: $0Net Assets 2021: $2,046,6302021Assets 2022: $2,289,330Liabilities 2022: $0Net Assets 2022: $2,289,3302022Assets 2023: $2,245,119Liabilities 2023: $0Net Assets 2023: $2,245,1192023Assets 2024: $2,393,236Liabilities 2024: $0Net Assets 2024: $2,393,2362024Assets 2025: $2,332,916Liabilities 2025: $0Net Assets 2025: $2,332,9162025

Highlighted filing

2019

Assets$1,721,012
Liabilities$0
Net Assets$1,721,012

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $112,114Expenses 2011: $128,086Net Income 2011: -$15,9722011Expenses 2012: $1,194,6902012Revenue 2013: $295,696Expenses 2013: $398,994Net Income 2013: -$103,2982013Revenue 2014: $458,155Expenses 2014: $99,246Net Income 2014: $358,9092014Revenue 2015: $160,839Expenses 2015: $155,328Net Income 2015: $5,5112015Revenue 2016: $144,125Expenses 2016: $57,950Net Income 2016: $86,1752016Revenue 2017: $238,233Expenses 2017: $131,800Net Income 2017: $106,4332017Revenue 2018: $200,047Expenses 2018: $86,052Net Income 2018: $113,9952018Revenue 2019: $55,094Expenses 2019: $179,768Net Income 2019: -$124,6742019Revenue 2020: $306,169Expenses 2020: $73,730Net Income 2020: $232,4392020Revenue 2021: $151,271Expenses 2021: $58,092Net Income 2021: $93,1792021Revenue 2022: $332,610Expenses 2022: $89,910Net Income 2022: $242,7002022Revenue 2023: $65,878Expenses 2023: $110,089Net Income 2023: -$44,2112023Revenue 2024: $219,875Expenses 2024: $71,758Net Income 2024: $148,1172024Revenue 2025: $82,239Expenses 2025: $142,559Net Income 2025: -$60,3202025

Highlighted filing

2019

Revenue$55,094
Expenses$179,768
Net Income-$124,674
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 4, 2020
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE VARSAMPresident/Treasurer-$0--
LORI VARSAMVice Pres/Secretary-$0--
FOTIOS VARSAMVice President-$0--
ALEX ZAWOLOKAVice President-$0--
Filing and Contact Details

Filer

Filer Name
Janice Michelle Foundation Inc
EIN
11-3458719
In Care Of
% JAD CONSULTING LLC
Phone
2125093525
Address
61 BROADWAY-SUITE 512, NEW YORK, NY 10006

Signing Officer

Name
George Varsam
Title
President/treasurer
Phone
2125093525
Signed
2020-02-04
Discuss with paid preparer
Yes

Preparer

Firm
Jad Consulting LLC
Address
61 BROADWAY-SUITE 512, NEW YORK, NY 10006
Preparer
Joseph De Maio CPA
Phone
2125093525
Raw XML Appendix359 raw XML fields

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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IRS990PF/QlfyUndSect4940eReducedTaxGrp/QualifyingDistributionsAmt0177618
IRS990PF/QlfyUndSect4940eReducedTaxGrp/TotalDistributionRt00.310122
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt0177207
IRS990PF/QualifyingDistriPartXIIGrp/CharitableAssetsAcquisPaidAmt00
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt0177618
IRS990PF/QualifyingDistriPartXIIGrp/PctSect4940eOrgNetInvstIncmAmt0411
IRS990PF/QualifyingDistriPartXIIGrp/ProgramRelatedInvstTotalAmt00
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt0177618
IRS990PF/QualifyingDistriPartXIIGrp/SetAsideCashDistriTestAmt00
IRS990PF/QualifyingDistriPartXIIGrp/SetAsideSuitabilityTestAmt00
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt0N/A
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0NOT APPLICABLE
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt061 BROADWAY SUITE 512
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NY
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd010006
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NY
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0JAD CONSULTING LLC
IRS990PF/StatementsRegardingActyGrp/PhoneNum02125093525
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0NOT APPLICABLE
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/AllOtherProgramRltdInvstTotAmt00
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0NOT APPLICABLE
IRS990PF/SumOfProgramRelatedInvstGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0GEORGE VARSAM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt0175208
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0THE PURPOSE OF THE CONTRIBUTIONS PAID IS TO AID EACH DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTION.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0SEE SCHEDULE 2
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0C/O JAD CONSULTING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine2Txt061 BROADWAY SUITE 512
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0NEW YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd010006
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NA
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt0175208
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt088950
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt088950
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt046513
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt069795
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt022185
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt022185
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0204976
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt088668
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt046513
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt069795
IRS990PF/UndistributedIncomeGrp/PriorYear1Yr02016
IRS990PF/UndistributedIncomeGrp/PriorYear2Yr02015
IRS990PF/UndistributedIncomeGrp/PriorYear3Yr02014
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0177618
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt088668
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0227161
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0138493
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorNum01
IRS990ScheduleB/ContributorInformationGrp/ContributorPersonNm0GEORGE VARSAM-CASH
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt028-07 157TH STREET
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0FLUSHING
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/StateAbbreviationCd0NY
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd011354
IRS990ScheduleB/ContributorInformationGrp/PersonContributionInd0X
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0100000
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0NY STATE FILING FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2PUBLICATION FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0250
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1160
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0150
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0250
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1150
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2160
TaxesSchedule/TaxesDetail/CategoryTxt0FYE 9/30/17 BAL DUE
TaxesSchedule/TaxesDetail/CategoryTxt1FYE 9/30/18 EST PAYMENT
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE VARSAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02125093525
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JANICE MICHELLE FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O JAD CONSULTING LLC
ReturnHeader/Filer/BusinessNameControlTxt0JANI
ReturnHeader/Filer/EIN0113458719
ReturnHeader/Filer/InCareOfNm0% JAD CONSULTING LLC
ReturnHeader/Filer/PhoneNum02125093525
ReturnHeader/Filer/USAddress/AddressLine1Txt061 BROADWAY-SUITE 512
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010006
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAD CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt061 BROADWAY-SUITE 512
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010006
ReturnHeader/PreparerPersonGrp/PhoneNum02125093525
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH DE MAIO CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-02-13T10:20:04-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02018-10-01
ReturnHeader/TaxPeriodEndDt02019-09-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$0.08$0.14$0.06
2024Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.22$0.07$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.07$0.11$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$0.33$0.09$0.24
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.15$0.06$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.95$0.00$1.95$0.31$0.07$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.06$0.18$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$0.20$0.09$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$0.24$0.13$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.14$0.06$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.16$0.16$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.46$0.10$0.36
2013Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.30$0.40$0.10
2012Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$1.19
2011Summary only. Only limited summary data is available for this year.$2.13$0.00$0.11$0.13$0.02