Civic Intelligence

Nerve Inc - Hpd

990 • Fiscal year 2024 • EIN 13-2906899

Jul 01, 2023 to Jun 30, 2024 • Filed on May 15, 2025

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

81st percentile

0.43x

Higher debt load relative to assets than 81% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.74x

Higher debt load relative to revenue than 86% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$71,691

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

9th percentile

-17%

Faster asset growth than 9% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

58th percentile

13%

Faster revenue growth than 58% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,228,895

Down $466,091 (-17%) from 2023

Net Assets

Down

$1,270,217

Down $316,881 (-20%) from 2023

Liabilities

Down

$958,678

Down $149,210 (-13%) from 2023

Revenue

Up

$1,296,097

Up $149,449 (+13%) from 2023

Expenses

Up

$1,692,524

Up $98,743 (+6.2%) from 2023

Net Income

Up

-$396,427

Up $50,706 (+11%) from 2023

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: $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

2024

Assets$2,228,895
Liabilities$958,678
Net Assets$1,270,217

Operations Trend

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

2024

Revenue$1,296,097
Expenses$1,692,524
Net Income-$396,427
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,296,097
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$1,867,524$1,957,784▲ $90,260
Accounts Receivable$157,104$193,964▲ $36,860
Investments in Publicly Traded Securities-$49,049-
Cash and Non-Interest-Bearing Accounts$111,358$9,098▼ $102,260
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,694,986$2,228,895▼ $466,091
Other Assets Total$559,000$19,000▼ $540,000
Liabilities
Mortgage Notes Payable Secured by Investment Property$495,868$502,478▲ $6,610
Accounts Payable and Accrued Expenses$486,075$420,527▼ $65,548
Other Liabilities$125,945$35,673▼ $90,272
Total Liabilities$1,107,888$958,678▼ $149,210
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,587,098$1,270,217▼ $316,881
Total Net Assets Fund Balance$1,587,098$1,270,217▼ $316,881
Total Liabilities and Net Assets / Fund Balance$2,694,986$2,228,895▼ $466,091

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,578,438$946,016$2,524,454
Land$379,346-$379,346
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roberto AnazagastiPresidentFT$71,691$71,691
Anne KadamaniSecretary-$1,875$1,875
Dennis ReederTreasurer-$1,875$1,875
Efrain PenaMember-$1,875$1,875
Jose a RodreguezMember-$1,875$1,875
Lorenzo HernandeMember-$1,875$1,875
Martha RosadoChairperson-$1,875$1,875
Gemel DeshazoVice Chair-$1,650$1,650
Revenue and Support

Revenue Composition

Contributions and Grants
$129,724
Program Service Revenue
$1,053,020
Investment Income
$0
Other Revenue
$113,353
Change in Net Assets
$-396,427

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,296,097
Total Revenue per Audited Statements
$1,296,097
Total Revenue per Form 990
$1,296,097
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,521,877
Salaries, Compensation, and Employee Benefits$170,647
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$238,519$11,821-$250,340
Other Expenses$124,933$8,640-$133,573
Insurance$115,042--$115,042
Other Salaries and Wages$86,459$12,227-$98,686
Fees for Services Management$79,608$85-$79,693
Current Officers, Directors, Trustees, and Key Employees$71,961--$71,961
Interest$13,449$9,254-$22,703
Fees for Services Other$9,970--$9,970
Total Functional Expenses$1,361,203$331,321$0$1,692,524

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,692,524
Total Expenses per Audited Statements$1,692,524
Total Expenses per Form 990$1,692,524
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$35,673
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, Section B, Line 11B

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

Form 990, Part VI, Section B, Line 12C

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

Form 990, Part VI, Section C, Line 19

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
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roberto Anazagasti
Formed
1975
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
14

Preparer

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

Additional Explanations

Form 990, Part IX, Line 24E

Admin: Column (A) - Total = $19253; Column (B) - Program Services = $19253; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Bad debt expense: Column (A) - Total = $6285; Column (B) - Program Services = $5126; Column (C) - Management & General = $1159; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Bank charges: Column (A) - Total = $12279; Column (B) - Program Services = $1617; Column (C) - Management & General = $10662; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Electricity: Column (A) - Total = $36305; Column (B) - Program Services = $36305; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Miscellaneous expense: Column (A) - Total = $15928; Column (B) - Program Services = $15928; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

SUPPLIES: Column (A) - Total = $46216; Column (B) - Program Services = $46216; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

TELEPHONE: Column (A) - Total = $7334; Column (B) - Program Services = $7334; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

Form 990, Part IX, Line 24E

Water and Sewer: Column (A) - Total = $106740; Column (B) - Program Services = $106740; Column (C) - Management & General = $0; Column (D) - Fundraising = $0

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, 2021 and after remains subject to examination.

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IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0946016
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01867524
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01957784
IRS990/LandBldgEquipCostOrOtherBssAmt02903800
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NERVE 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0495868
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0502478
IRS990/NetAssetsOrFundBalancesBOYAmt01587098
IRS990/NetAssetsOrFundBalancesEOYAmt01270217
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01587098
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01270217
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0559000
IRS990/OtherAssetsTotalGrp/EOYAmt019000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Fuel Oil
IRS990/OtherExpensesGrp/Desc1Real Estate Taxes
IRS990/OtherExpensesGrp/Desc2EXTERMINATING
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04233
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17886
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2277175
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt38640
IRS990/OtherExpensesGrp/ProgramServicesAmt0318794
IRS990/OtherExpensesGrp/ProgramServicesAmt1297170
IRS990/OtherExpensesGrp/ProgramServicesAmt25298
IRS990/OtherExpensesGrp/ProgramServicesAmt3124933
IRS990/OtherExpensesGrp/TotalAmt0323027
IRS990/OtherExpensesGrp/TotalAmt1305056
IRS990/OtherExpensesGrp/TotalAmt2282473
IRS990/OtherExpensesGrp/TotalAmt3133573
IRS990/OtherLiabilitiesGrp/BOYAmt0125945
IRS990/OtherLiabilitiesGrp/EOYAmt035673
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0113353
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0113353
IRS990/OtherRevenueTotalAmt0113353
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012227
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt086459
IRS990/OtherSalariesAndWagesGrp/TotalAmt098686
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ROBERTO ANAZAGASTI
IRS990/PriorPeriodAdjustmentsAmt079546
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0RENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01053020
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01053020
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt094627
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01153656
IRS990/PYOtherRevenueAmt012430
IRS990/PYProgramServiceRevenueAmt01039591
IRS990/PYRevenuesLessExpensesAmt0-447133
IRS990/PYSalariesCompEmpBnftPaidAmt0440125
IRS990/PYTotalExpensesAmt01593781
IRS990/PYTotalRevenueAmt01146648
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-396427
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01053020
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0129724
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt094627
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0148723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0148923
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0134342
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0656339
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01053020
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01039591
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01034046
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0994028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01003913
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05124598
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0113353
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0113353
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98080
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05780937
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01182744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01134218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01182769
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01142951
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01138255
IRS990ScheduleA/Total509Grp/TotalAmt05780937
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01296097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01134218
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01182769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01142951
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01138255
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05894290
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/BookValueAmt01578438
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0946016
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02524454
IRS990ScheduleD/ExpensesSubtotalAmt01692524
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0379346
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0379346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant security deposits payable
IRS990ScheduleD/RevenueSubtotalAmt01296097
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, 2021 and after remains subject to examination.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01957784
IRS990ScheduleD/TotalExpensesPerForm990Amt01692524
IRS990ScheduleD/TotalLiabilityAmt035673
IRS990ScheduleD/TotalRevenuePerForm990Amt01296097
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01296097
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01692524
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/ExplanationTxt3Admin: Column (A) - Total = $19253; Column (B) - Program Services = $19253; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bad debt expense: Column (A) - Total = $6285; Column (B) - Program Services = $5126; Column (C) - Management & General = $1159; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank charges: Column (A) - Total = $12279; Column (B) - Program Services = $1617; Column (C) - Management & General = $10662; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Electricity: Column (A) - Total = $36305; Column (B) - Program Services = $36305; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Miscellaneous expense: Column (A) - Total = $15928; Column (B) - Program Services = $15928; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SUPPLIES: Column (A) - Total = $46216; Column (B) - Program Services = $46216; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TELEPHONE: Column (A) - Total = $7334; Column (B) - Program Services = $7334; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Water and Sewer: Column (A) - Total = $106740; Column (B) - Program Services = $106740; Column (C) - Management & General = $0; Column (D) - Fundraising = $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false

Document Assets

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Filings

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
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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