Civic Intelligence

Graybeards Ltd.

990 • Fiscal year 2011 • EIN 11-3635931

Jan 01, 2011 to Dec 31, 2011 • Filed on Jul 25, 2012

129-04 Newport Avenue11694
Siviq Scores

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

Liabilities / Assets

69th percentile

0.05x

Higher debt load relative to assets than 69% of similar nonprofits.

2011 filings • NTEE P20 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

40th percentile

-7.0%

Faster asset growth than 40% of similar nonprofits.

2011 filings • NTEE P20 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$231,023

Down $17,521 (-7.0%) from 2010

Net Assets

Up

$220,610

Up $13,952 (+6.8%) from 2010

Liabilities

Down

$10,413

Down $31,473 (-75%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$186,709

Up $96,655 (+107%) from 2010

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $248,544Liabilities 2010: $41,886Net Assets 2010: $206,6582010Assets 2011: $231,023Liabilities 2011: $10,413Net Assets 2011: $220,6102011Assets 2012: $879,156Liabilities 2012: $17,941Net Assets 2012: $861,2152012Assets 2013: $537,730Liabilities 2013: $151Net Assets 2013: $537,5792013Assets 2014: $360,320Liabilities 2014: $16,100Net Assets 2014: $344,2202014Assets 2016: $130,426Liabilities 2016: $19,251Net Assets 2016: $111,1752016Assets 2017: $127,057Liabilities 2017: $21,760Net Assets 2017: $105,2972017Assets 2018: $164,017Liabilities 2018: $21,760Net Assets 2018: $142,2572018Assets 2019: $242,916Liabilities 2019: $21,760Net Assets 2019: $221,1562019Assets 2020: $242,981Liabilities 2020: $0Net Assets 2020: $242,9812020Assets 2021: $260,498Liabilities 2021: $0Net Assets 2021: $260,4982021Assets 2022: $522,016Liabilities 2022: $3,691Net Assets 2022: $518,3252022Assets 2023: $452,315Liabilities 2023: $0Net Assets 2023: $452,3152023

Highlighted filing

2011

Assets$231,023
Liabilities$10,413
Net Assets$220,610

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $90,0542010Expenses 2011: $186,7092011Expenses 2012: $720,1522012Revenue 2013: $796,728Expenses 2013: $1,120,364Net Income 2013: -$323,6362013Revenue 2014: $351,532Expenses 2014: $544,891Net Income 2014: -$193,3592014Revenue 2016: $205,632Expenses 2016: $214,212Net Income 2016: -$8,5802016Revenue 2017: $255,234Expenses 2017: $261,112Net Income 2017: -$5,8782017Revenue 2018: $341,101Expenses 2018: $304,141Net Income 2018: $36,9602018Revenue 2019: $402,135Expenses 2019: $323,236Net Income 2019: $78,8992019Revenue 2020: $388,992Expenses 2020: $426,609Net Income 2020: -$37,6172020Revenue 2021: $415,474Expenses 2021: $397,957Net Income 2021: $17,5172021Revenue 2022: $697,889Expenses 2022: $505,286Net Income 2022: $192,6032022Revenue 2023: $629,217Expenses 2023: $695,227Net Income 2023: -$66,0102023

Highlighted filing

2011

Revenue-
Expenses$186,709
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Jul 25, 2012
Return Version
2011v1.2
Gross Receipts
$323,679
Mission and Program Overview

Mission

In the aftermath of the worst act of terriorism committed against the united states of america, september 11, 2001 and the devastating crash of american airlines flight #587, a group of men from rockaway beach recognized the positive impact they could offer the community as a diversified group. In that spirit, graybeards has been dedicated to enhance the lives of others, promote friendship and fellowship among its members, hold meetings and have social gatherings to promote an interest in the community, help those in the community in their time of need, to promote the development/education of the youth of the community and promote a deeper appreciation of patriotism in the community.

Filing and Contact Details

Filer

EIN
11-3635931
Raw XML AppendixShowing 400 of 418 raw XML fields

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IRS990/ActivityOrMissionDescription0GRAYBEARDS' PROGRAMS ARE HELPFUL IN ESTABLISHING FRIENDSHIPS ON A FIRMER AND LONG LASTING BASIS IN THE AFTERMATH OF THE WORST ACT OF TERRORISM COMMITED AGAINST THE UNITED STATES OF AMERICA ON SEPTEMBER 11, 2001 AND THE DEVASTATING CRASH OF AMERICAN AIRLINES FLIGHT #587. OUR PROGRAMS FOSTER THE GOOD AND WELFARE OF THE COMMUNITY AS WELL AS CARE FOR THOSE IN THE COMMUNITY IN THEIR TIME OF NEED. THIS YEAR, WE ACHIEVED OUR MISSION BY HAVING SEVERAL SOCIAL EVENTS AIMED AT IMPROVING RELATIONSHIPS AND FOR THE PURPOSE OF FUND-RAISING FOR SPECIFIC COMMUNITY RELATED CAUSES.
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IRS990/MissionDescription0IN THE AFTERMATH OF THE WORST ACT OF TERRIORISM COMMITTED AGAINST THE UNITED STATES OF AMERICA, SEPTEMBER 11, 2001 AND THE DEVASTATING CRASH OF AMERICAN AIRLINES FLIGHT #587, A GROUP OF MEN FROM ROCKAWAY BEACH RECOGNIZED THE POSITIVE IMPACT THEY COULD OFFER THE COMMUNITY AS A DIVERSIFIED GROUP. IN THAT SPIRIT, GRAYBEARDS HAS BEEN DEDICATED TO ENHANCE THE LIVES OF OTHERS, PROMOTE FRIENDSHIP AND FELLOWSHIP AMONG ITS MEMBERS, HOLD MEETINGS AND HAVE SOCIAL GATHERINGS TO PROMOTE AN INTEREST IN THE COMMUNITY, HELP THOSE IN THE COMMUNITY IN THEIR TIME OF NEED, TO PROMOTE THE DEVELOPMENT/EDUCATION OF THE YOUTH OF THE COMMUNITY AND PROMOTE A DEEPER APPRECIATION OF PATRIOTISM IN THE COMMUNITY.
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IRS990ScheduleO/GeneralExplanation/Explanation0UPON RECEIPT OF THE FINAL COMPLETED DRAFT OF THE FORM 990, THE FORM 990 HARD COPY IS SENT TO BOARD MEMBERS VIA CERTIFIED MAIL FOR REVIEW BEFORE IT IS FILED. THE BOARD PRESIDENT ASKS FOR A MOTION TO APPROVE AND ACCEPT THE FORM 990 FOR THE CORRESPONDING FISCAL YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation1GRAYBEARDS MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 990 AS WELL AS THE FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST AT 129-04 NEWPORT AVENUE, BELLE HARBOR, NY 11694 OR BY CALLING THE ORGANIZATION DIRECTLY AT (718) 634-6812. CURRENTLY, GRAYBEARDS DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY IN PLACE, HOWEVER THE BOARD OF DIRECTORS IS WORKING ON HAVING THIS POLICY IN PLACE BY NEXT FISCAL YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation2CURRENTLY, GRAYBEARDS DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY, A WRITTEN WHISTLEBLOWER POLICY NOR A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. THE BOARD IS WORKING ON HAVING THESE POLICIES IN PLACE BY NEXT FISCAL YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation3THE BOARD OF DIRECTORS REVIEWS MONTHLY FINANCIAL STATEMENTS.
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IRS990/TotalNetAssetsFundBalances/EOY0220610
IRS990/TotalOtherCompensation00
IRS990/TotalOtherRevenue01150
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0184003
IRS990/TotalReportableCompFrmRltdOrgs00
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear0200661
IRS990/TotalRevenue/ExclusionAmount056033
IRS990/TotalRevenuePriorYear0188259
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome00
IRS990/TotalRevenue/TotalRevenueColumn0200661
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00
IRS990/TransfersToExemptNonChrtblOrg00
IRS990/Travel/ProgramServices0200
IRS990/Travel/Total0200
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY0182765
IRS990/UnrestrictedNetAssets/EOY0138795
IRS990/UponRequest0X
IRS990/WebSite0WWW.GRAYBEARDS.COM
IRS990/WhistleblowerPolicy00
IRS990/YearFormation02001
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0113635931
ReturnHeader/Filer/Name/BusinessNameLine10GRAYBEARDS LTD
ReturnHeader/Filer/NameControl0GRAY
ReturnHeader/Filer/Phone07186346812
ReturnHeader/Filer/USAddress/AddressLine10129-04 NEWPORT AVENUE
ReturnHeader/Filer/USAddress/City0BELLE HARBOR
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode011694
ReturnHeader/Officer/AuthorizeThirdParty01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.63$0.70$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.00$0.52$0.70$0.51$0.19
2021Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.42$0.40$0.02
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.24$0.00$0.24$0.39$0.43$0.04
2019Summary only. Only limited summary data is available for this year.$0.24$0.02$0.22$0.40$0.32$0.08
2018Summary only. Only limited summary data is available for this year.$0.16$0.02$0.14$0.34$0.30$0.04
2017Summary only. Only limited summary data is available for this year.$0.13$0.02$0.11$0.26$0.26$0.01
2016Summary only. Only limited summary data is available for this year.$0.13$0.02$0.11$0.21$0.21$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.02$0.34$0.35$0.54$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.80$1.12$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.02$0.86$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.01$0.22$0.19
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.04$0.21$0.09