Civic Intelligence

The Brooklyn Rail Inc

990 • Fiscal year 2018 • EIN 11-3562004

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 11, 2019

253 36th Street Unit 20 No C304Brooklyn, NY 11232

(718) 349-8427

Siviq Scores

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

Liabilities / Assets

30th percentile

0.01x

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

2018 filings • NTEE A • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2018 filings • NTEE A • $500k-$1M nonprofits • Source year 2018

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2018 filings • NTEE A • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

63rd percentile

$46,000

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2018 filings • NTEE A • $500k-$1M nonprofits • Source year 2018

Asset Growth

83rd percentile

39%

Faster asset growth than 83% of similar nonprofits.

2018 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

25%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$430,936

Up $121,891 (+39%) from 2017

Net Assets

Up

$428,346

Up $119,301 (+39%) from 2017

Liabilities

Up

$2,590

Up $2,590 from 2017

Revenue

Up

$929,599

Up $185,663 (+25%) from 2017

Expenses

Down

$810,298

Down $78,117 (-8.8%) from 2017

Net Income

Up

$119,301

Up $263,780 (+183%) from 2017

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $45,606Liabilities 2010: $1,696Net Assets 2010: $43,9102010Assets 2011: $48,387Liabilities 2011: $0Net Assets 2011: $48,3872011Assets 2012: $32,402Liabilities 2012: $0Net Assets 2012: $32,4022012Assets 2013: $158,542Liabilities 2013: $0Net Assets 2013: $158,5422013Assets 2014: $93,071Liabilities 2014: $0Net Assets 2014: $93,0712014Assets 2015: $167,067Liabilities 2015: $0Net Assets 2015: $167,0672015Assets 2016: $478,058Liabilities 2016: $24,534Net Assets 2016: $453,5242016Assets 2017: $309,045Liabilities 2017: $0Net Assets 2017: $309,0452017Assets 2018: $430,936Liabilities 2018: $2,590Net Assets 2018: $428,3462018Assets 2019: $292,217Liabilities 2019: $75,226Net Assets 2019: $216,9912019Assets 2020: $375,013Liabilities 2020: $125,248Net Assets 2020: $249,7652020Assets 2021: $1,889,561Liabilities 2021: $45,484Net Assets 2021: $1,844,0772021Assets 2022: $2,416,340Liabilities 2022: $326,845Net Assets 2022: $2,089,4952022Assets 2023: $2,204,390Liabilities 2023: $135,324Net Assets 2023: $2,069,0662023Assets 2024: $3,032,038Liabilities 2024: $60,533Net Assets 2024: $2,971,5052024

Highlighted filing

2018

Assets$430,936
Liabilities$2,590
Net Assets$428,346

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $208,306Expenses 2010: $220,200Net Income 2010: -$11,8942010Expenses 2011: $324,4712011Expenses 2012: $262,4722012Revenue 2013: $610,695Expenses 2013: $484,555Net Income 2013: $126,1402013Revenue 2014: $563,207Expenses 2014: $628,678Net Income 2014: -$65,4712014Revenue 2015: $751,012Expenses 2015: $677,016Net Income 2015: $73,9962015Revenue 2016: $977,251Expenses 2016: $690,794Net Income 2016: $286,4572016Revenue 2017: $743,936Expenses 2017: $888,415Net Income 2017: -$144,4792017Revenue 2018: $929,599Expenses 2018: $810,298Net Income 2018: $119,3012018Revenue 2019: $1,243,951Expenses 2019: $1,455,306Net Income 2019: -$211,3552019Revenue 2020: $979,742Expenses 2020: $946,968Net Income 2020: $32,7742020Revenue 2021: $2,667,070Expenses 2021: $1,072,758Net Income 2021: $1,594,3122021Revenue 2022: $2,137,164Expenses 2022: $1,924,245Net Income 2022: $212,9192022Revenue 2023: $1,943,536Expenses 2023: $1,972,331Net Income 2023: -$28,7952023Revenue 2024: $2,803,890Expenses 2024: $1,827,849Net Income 2024: $976,0412024

Highlighted filing

2018

Revenue$929,599
Expenses$810,298
Net Income$119,301
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 11, 2019
Return Version
2018v3.1
Gross Receipts
$942,384
Mission and Program Overview

Mission

See organization's mission statement on schedule o

Publish and distribute journal and other information about williamsburg and greenpoint section of brooklyn in new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$117,470$230,913▲ $113,443
Pledges and Grants Receivable-$91,158-
Savings and Temporary Cash Investments$109,795$60,047▼ $49,748
Accounts Receivable$59,234$28,929▼ $30,305
Inventories for Sale or Use$14,817$14,817→ $0
Land, Buildings, and Equipment, Net$7,729$5,072▼ $2,657
Total Assets$309,045$430,936▲ $121,891
Liabilities
Accounts Payable and Accrued Expenses-$2,590-
Total Liabilities$0$2,590▲ $2,590
Net Assets / Fund Balance
Temporarily Rstr Net Assets$53,343$261,158▲ $207,815
Unrestricted Net Assets$215,702$127,188▼ $88,514
Permanently Rstr Net Assets$40,000$40,000→ $0
Total Net Assets Fund Balance$309,045$428,346▲ $119,301
Total Liabilities and Net Assets / Fund Balance$309,045$430,936▲ $121,891

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,072$61,735$66,807

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$40,000---$40,000
2017$40,000---$40,000
2016$40,000---$40,000
2015$40,000---$40,000
2014-$40,000--$40,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dana BuhlTreasurerFT$46,000$46,000

Board Members and Trustees

NameTitle
Phong BuiPresident & Publisher
Dan DesmondDirector
Jeremy ZilarDirector
Juliette CezzarDirector
Michael StrausDirector
Scott LynnDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$670,798
Program Service Revenue
$194,814
Investment Income
$297
Other Revenue
$63,690
All Other Contributions
$625,504
Change in Net Assets
$119,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$540,161
Salaries, Compensation, and Employee Benefits$270,137
Total Fundraising Expense$5,410
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$111,380$128,454-$239,834
All Other Expenses$12,450$15,202-$27,652
Other Expenses$26,645$23,680-$26,645
Fees for Services Accounting-$23,147-$23,147
Payroll Taxes$10,477$12,083-$22,560
Office Expenses$11,953$5,977-$17,930
Occupancy-$14,462-$14,462
Other Employee Benefits-$7,743-$7,743
Advertising$5,608--$5,608
Insurance-$5,149-$5,149
Conferences and Meetings--$5,041$5,041
Depreciation Depletion-$2,657-$2,657
Fees for Services Other-$2,590-$2,590
Information Technology-$1,299-$1,299
Travel--$369$369
Total Functional Expenses$562,445$242,443$5,410$810,298
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$65,750
Fundraising Direct Expenses$12,785
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Event$65,750$65,750$2,919$62,831
Total Events$65,750$65,750$12,785$52,965
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
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
No
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

Copy of form 990 submitted to each director for review before filing.

Form 990, Part VI, Section B, Line 15

The board reviews the relevant information.

Form 990, Part VI, Section C, Line 19

On request, made available in the office.

Filing and Contact Details

Filer

Filer Name
The Brooklyn Rail Inc
EIN
11-3562004
Phone
7183498427
Address
253 36TH STREET UNIT 20 NO C304, BROOKLYN, NY 11232

Signing Officer

Name
Phong Bui
Title
President
Phone
7183498427
Signed
2019-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phong Bui
Formed
2000
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
11
Volunteers
0

Preparer

Firm
Lachman & Lachman
Address
444 MADISON AVENUE, NEW YORK, NY 10022
Preparer
Meena Lachman
Phone
2123718319
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0959
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0844155
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.87650
IRS990ScheduleA/PublicSupportPY170Pct00.77060
IRS990ScheduleA/PublicSupportTotal170Amt02629419
IRS990ScheduleA/SubstantialContributorsTotAmt0369432
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0670798
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0543905
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0815442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0592658
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0376048
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02998851
IRS990ScheduleA/TotalSupportAmt02999810
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/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt040000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt040000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt040000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt040000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt040000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt040000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt040000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt040000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt040000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt040000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05072
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt061735
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt066807
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05072
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012785
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ART EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09866
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09866
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt065750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt065750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt065750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt065750
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt052965
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02919
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02919
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt046000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DANA BUHL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt046000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 SUBMITTED TO EACH DIRECTOR FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS THE RELEVANT INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON REQUEST, MADE AVAILABLE IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt053343
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0261158
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0309045
IRS990/TotalAssetsEOYAmt0430936
IRS990/TotalAssetsGrp/BOYAmt0309045
IRS990/TotalAssetsGrp/EOYAmt0430936
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0670798
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05410
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0242443
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0562445
IRS990/TotalFunctionalExpensesGrp/TotalAmt0810298
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt02590
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02590
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0309045
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0428346
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0562445
IRS990/TotalProgramServiceRevenueAmt0194814
IRS990/TotalReportableCompFromOrgAmt046000
IRS990/TotalRevenueGrp/ExclusionAmt0258801
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0929599
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0309045
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0430936
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0369
IRS990/TravelGrp/TotalAmt0369

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$0.06$2.97$2.80$1.83$0.98
2023Detailed filing. Detailed filing data is available for this year.$2.20$0.14$2.07$1.94$1.97$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.42$0.33$2.09$2.14$1.92$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.05$1.84$2.67$1.07$1.59
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.13$0.25$0.98$0.95$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.08$0.22$1.24$1.46$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.93$0.81$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.31$0.74$0.89$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.02$0.45$0.98$0.69$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$0.75$0.68$0.07
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.09$0.00$0.09$0.56$0.63$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.61$0.48$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.32
2010Summary only. Only limited summary data is available for this year.$0.05$0.00$0.04$0.21$0.22$0.01