Civic Intelligence

Nerve Inc - Hpd

990 • Fiscal year 2020 • EIN 13-2906899

Jul 01, 2019 to Jun 30, 2020 • Filed on May 17, 2021

Organization ProfileWWW.NERVEINC.ORG

Refreshing map…

18 East 116th StreetNew York, NY 10029

(212) 427-0555

Siviq Scores

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

Liabilities / Assets

76th percentile

0.39x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.85x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

23rd percentile

-9.4%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

65th percentile

$91,538

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

3rd percentile

-31%

Faster asset growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

2.0%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$2,614,867

Down $1,159,492 (-31%) from 2019

Net Assets

Down

$1,598,675

Down $83,567 (-5.0%) from 2019

Liabilities

Down

$1,016,192

Down $1,075,925 (-51%) from 2019

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin23rd percentile

Revenue

Up

$1,188,570

Up $23,283 (+2.0%) from 2019

Expenses

Down

$1,300,160

Down $5,765 (-0.4%) from 2019

Net Income

Up

-$111,590

Up $29,048 (+21%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,657,408Liabilities 2010: $547,192Net Assets 2010: $2,110,2162010Assets 2011: $2,594,823Liabilities 2011: $828,952Net Assets 2011: $1,765,8712011Assets 2012: $3,482,986Liabilities 2012: $1,825,995Net Assets 2012: $1,656,9912012Assets 2013: $2,921,620Liabilities 2013: $675,516Net Assets 2013: $2,246,1042013Assets 2014: $2,507,916Liabilities 2014: $497,009Net Assets 2014: $2,010,9072014Assets 2015: $2,685,862Liabilities 2015: $647,894Net Assets 2015: $2,037,9682015Assets 2016: $2,670,967Liabilities 2016: $615,715Net Assets 2016: $2,055,2522016Assets 2017: $2,492,039Liabilities 2017: $570,568Net Assets 2017: $1,921,4712017Assets 2018: $3,931,239Liabilities 2018: $2,134,936Net Assets 2018: $1,796,3032018Assets 2019: $3,774,359Liabilities 2019: $2,092,117Net Assets 2019: $1,682,2422019Assets 2020: $2,614,867Liabilities 2020: $1,016,192Net Assets 2020: $1,598,6752020Assets 2021: $2,593,495Liabilities 2021: $1,298,143Net Assets 2021: $1,295,3522021Assets 2022: $3,138,555Liabilities 2022: $1,104,324Net Assets 2022: $2,034,2312022Assets 2023: $2,694,986Liabilities 2023: $1,107,888Net Assets 2023: $1,587,0982023Assets 2024: $2,228,895Liabilities 2024: $958,678Net Assets 2024: $1,270,2172024

Highlighted filing

2020

Assets$2,614,867
Liabilities$1,016,192
Net Assets$1,598,675
Open 2020 Filing

Operations Trend

Revenue Growth52nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $907,444Expenses 2010: $952,426Net Income 2010: -$44,9822010Revenue 2011: $868,082Expenses 2011: $1,212,427Net Income 2011: -$344,3452011Revenue 2012: $1,021,362Expenses 2012: $1,130,242Net Income 2012: -$108,8802012Revenue 2013: $1,815,195Expenses 2013: $1,316,286Net Income 2013: $498,9092013Revenue 2014: $1,004,616Expenses 2014: $1,171,807Net Income 2014: -$167,1912014Revenue 2015: $1,018,624Expenses 2015: $1,170,520Net Income 2015: -$151,8962015Revenue 2016: $1,159,738Expenses 2016: $1,162,545Net Income 2016: -$2,8072016Revenue 2017: $1,029,532Expenses 2017: $1,163,314Net Income 2017: -$133,7822017Revenue 2018: $1,158,033Expenses 2018: $1,283,201Net Income 2018: -$125,1682018Revenue 2019: $1,165,287Expenses 2019: $1,305,925Net Income 2019: -$140,6382019Revenue 2020: $1,188,570Expenses 2020: $1,300,160Net Income 2020: -$111,5902020Revenue 2021: $1,154,470Expenses 2021: $1,412,095Net Income 2021: -$257,6252021Revenue 2022: $2,245,690Expenses 2022: $1,491,048Net Income 2022: $754,6422022Revenue 2023: $1,146,648Expenses 2023: $1,593,781Net Income 2023: -$447,1332023Revenue 2024: $1,296,097Expenses 2024: $1,692,524Net Income 2024: -$396,4272024

Highlighted filing

2020

Revenue$1,188,570
Expenses$1,300,160
Net Income-$111,590
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 17, 2021
Return Version
2019v5.0
Gross Receipts
$1,188,570
Mission and Program Overview

Mission

Nerve is a non-for-profit corporation established in 1975 for the express purpose of improving the housing and the economy needs of east harlem (el barrio) for all our citizens.

To improve the housing and the economy of east harlem (el barrio) for all our citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,975,073$1,966,290▼ $8,783
Accounts Receivable$11,248$108,797▲ $97,549
Cash and Non-Interest-Bearing Accounts$89,331$105,347▲ $16,016
Prepaid Expenses and Deferred Charges-$23,553-
Other Notes and Loans Receivable, Net$10,322$0▼ $10,322
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,484,108$2,614,867▲ $130,759
Other Assets Total$398,134$410,880▲ $12,746
Liabilities
Mortgage Notes Payable Secured by Investment Property$568,326$572,014▲ $3,688
Accounts Payable and Accrued Expenses$146,769$328,671▲ $181,902
Other Liabilities$58,748$58,007▼ $741
Unsecured Notes Loans Payable-$57,500-
Total Liabilities$773,843$1,016,192▲ $242,349
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,710,265$1,598,675▼ $111,590
Total Net Assets Fund Balance$1,710,265$1,598,675▼ $111,590
Total Liabilities and Net Assets / Fund Balance$2,484,108$2,614,867▲ $130,759

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,578,045$805,059$2,383,104
Land$379,346-$379,346
Equipment$8,899$10,876$19,775
Other Assets Org$32,422--
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Roberto AnazagastiPresidentFT$91,538$91,538
Rafael A CoraMemberPT$1,925$1,925
Dennis ReederSecretary-$1,925$1,925
Manuel SilvaChairperson-$1,925$1,925
Martha RosadoMember-$1,925$1,925
Lorenzo HernandeMember-$1,575$1,575

Board Members and Trustees

NameTitle
Efrain PenaMember
Revenue and Support

Revenue Composition

Contributions and Grants
$134,342
Program Service Revenue
$1,003,913
Investment Income
$42
Other Revenue
$50,273
All Other Contributions
$45,671
Change in Net Assets
$-111,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,188,570
Revenue Not Reported on Form 990
$98,818
Total Revenue per Audited Statements
$1,287,388
Total Revenue per Form 990
$1,188,570
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$922,530
Salaries, Compensation, and Employee Benefits$377,630
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,763$189,867-$279,630
Insurance$90,987$30,910-$121,897
Current Officers, Directors, Trustees, and Key Employees-$98,000-$98,000
All Other Expenses$69,925$16,588-$86,513
Depreciation Depletion$59,628$3,955-$63,583
Other Expenses$30,972$11,187-$42,159
Office Expenses$18,562$15,277-$33,839
Fees for Services Other$3,121$28,638-$31,759
Interest$18,566$3,268-$21,834
Total Functional Expenses$902,470$397,690$0$1,300,160

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,434,065
Expenses per Audited Statements$1,300,160
Total Expenses per Form 990$1,300,160
Expenses Not Reported on Form 990$133,905
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant security deposits payable$42,794
Interest payable$9,932
Security Held for Operation$5,000
Prepaid rent$281
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is submited to and approved by the board before filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“N.e.r.v.e. Has a conflict of interest policy which is reviewed by the board of directors.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“All governing documents will be made available upon request.”

Filing and Contact Details

Filer

Filer Name
Nerve Inc - Hpd
EIN
13-2906899
Phone
2124270555
Address
18 EAST 116TH STREET, NEW YORK, NY 10029

Signing Officer

Name
Roberto Anazagasti
Title
President
Signed
2021-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roberto Anazagasti
Formed
1975
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
16

Preparer

Firm
Ncheng Llp Certified Public Accountants
Address
40 WALL ST 32ND FL, NEW YORK, NY 10005
Preparer
Kwabina Appiah
Phone
2127850100
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“N.E.R.V.E. is exempt from Federal income taxes under Section 501(c) (3) of the Internal Revenue Code and has been classified as a publicly supported organization as described in Code Section 509(a) (1) and 178(b) (A) (VI). It is also exempt from New York State and City income taxes. Therefore, no provision for income taxes has been made in these consolidated financial statements. N.E.R.V.E. applies the provision of FASB ASC 740, on Income Taxes. Management believes that the organization has no uncertain tax positions and has determined that no material uncertain position qualify for either recognition or disclosure in the consolidated financial statements. Periods ending June 30, 2017 and after remains subject to examination.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Consolidation adjustment $98818”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Consolidation adjustment $133905”

Raw XML AppendixShowing 400 of 512 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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IRS990/NetAssetsOrFundBalancesEOYAmt01598675
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01710265
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01598675
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015277
IRS990/OfficeExpensesGrp/ProgramServicesAmt018562
IRS990/OfficeExpensesGrp/TotalAmt033839
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0398134
IRS990/OtherAssetsTotalGrp/EOYAmt0410880
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2WATER AND SEWER
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011187
IRS990/OtherExpensesGrp/ProgramServicesAmt0248994
IRS990/OtherExpensesGrp/ProgramServicesAmt1170359
IRS990/OtherExpensesGrp/ProgramServicesAmt2101593
IRS990/OtherExpensesGrp/ProgramServicesAmt330972
IRS990/OtherExpensesGrp/TotalAmt0248994
IRS990/OtherExpensesGrp/TotalAmt1170359
IRS990/OtherExpensesGrp/TotalAmt2101593
IRS990/OtherExpensesGrp/TotalAmt342159
IRS990/OtherLiabilitiesGrp/BOYAmt058748
IRS990/OtherLiabilitiesGrp/EOYAmt058007
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER income
IRS990/OtherRevenueMiscGrp/ExclusionAmt050273
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050273
IRS990/OtherRevenueTotalAmt050273
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0189867
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt089763
IRS990/OtherSalariesAndWagesGrp/TotalAmt0279630
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt010322
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023553
IRS990/PrincipalOfficerNm0ROBERTO ANAZAGASTI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01003913
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01003913
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt088671
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt042
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0873203
IRS990/PYOtherRevenueAmt015660
IRS990/PYProgramServiceRevenueAmt0956254
IRS990/PYRevenuesLessExpensesAmt0-128743
IRS990/PYSalariesCompEmpBnftPaidAmt0316167
IRS990/PYTotalExpensesAmt01189370
IRS990/PYTotalRevenueAmt01060627
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-111590
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01003913
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0134342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt088671
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt093669
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt096026
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt088054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0500762
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01003913
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01060001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0939977
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0916473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0935921
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04856285
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05357047
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01138255
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01148672
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01033646
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01012499
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01023975
IRS990ScheduleA/Total509Grp/TotalAmt05357047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01138255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01148672
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01033646
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01012499
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01023975
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05357047
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01578045
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0805059
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02383104
IRS990ScheduleD/EquipmentGrp/BookValueAmt08899
IRS990ScheduleD/EquipmentGrp/DepreciationAmt010876
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019775
IRS990ScheduleD/ExpensesNotReportedAmt0133905
IRS990ScheduleD/ExpensesSubtotalAmt01300160
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0379346
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0379346
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0350548
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt127910
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt232422
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Other receivables
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesIncludedAmt0133905
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09932
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt342794
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Interest payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Prepaid rent
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY HELD FOR OPERATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Tenant security deposits payable
IRS990ScheduleD/OtherRevenueAmt098818
IRS990ScheduleD/RevenueNotReportedAmt098818
IRS990ScheduleD/RevenueSubtotalAmt01188570
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0N.E.R.V.E. is exempt from Federal income taxes under Section 501(c) (3) of the Internal Revenue Code and has been classified as a publicly supported organization as described in Code Section 509(a) (1) and 178(b) (A) (VI). It is also exempt from New York State and City income taxes. Therefore, no provision for income taxes has been made in these consolidated financial statements. N.E.R.V.E. applies the provision of FASB ASC 740, on Income Taxes. Management believes that the organization has no uncertain tax positions and has determined that no material uncertain position qualify for either recognition or disclosure in the consolidated financial statements. Periods ending June 30, 2017 and after remains subject to examination.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Consolidation adjustment $98818
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Consolidation adjustment $133905
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01966290
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0410880
IRS990ScheduleD/TotalExpensesPerForm990Amt01300160
IRS990ScheduleD/TotalLiabilityAmt058007
IRS990ScheduleD/TotalRevenuePerForm990Amt01188570
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01287388
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01434065
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS SUBMITED TO AND APPROVED BY THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1N.E.R.V.E. HAS A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL GOVERNING DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,614,867
Liabilities
$1,016,192
Net assets
$1,598,675
Revenue
$1,188,570
Expenses
$1,300,160
Net income
-$111,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.23$0.96$1.27$1.30$1.69$0.40
2023Detailed filing. Detailed filing data is available for this year.$2.69$1.11$1.59$1.15$1.59$0.45
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$1.10$2.03$2.25$1.49$0.75
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$1.30$1.30$1.15$1.41$0.26
2020Detailed filing. Detailed filing data is available for this year.$2.61$1.02$1.60$1.19$1.30$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$2.09$1.68$1.17$1.31$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.93$2.13$1.80$1.16$1.28$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.57$1.92$1.03$1.16$0.13
2016Summary only. Only limited summary data is available for this year.$2.67$0.62$2.06$1.16$1.16$0.00
2015Summary only. Only limited summary data is available for this year.$2.69$0.65$2.04$1.02$1.17$0.15
2014Summary only. Only limited summary data is available for this year.$2.51$0.50$2.01$1.00$1.17$0.17
2013Summary only. Only limited summary data is available for this year.$2.92$0.68$2.25$1.82$1.32$0.50
2012Summary only. Only limited summary data is available for this year.$3.48$1.83$1.66$1.02$1.13$0.11
2011Summary only. Only limited summary data is available for this year.$2.59$0.83$1.77$0.87$1.21$0.34
2010Summary only. Only limited summary data is available for this year.$2.66$0.55$2.11$0.91$0.95$0.04