Civic Intelligence

Wx Inc

990 • Fiscal year 2015 • EIN 13-3486516

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 08, 2016

380 Lexington Avenue No 1920New York, NY 10168

(212) 414-9309

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.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

34th percentile

0.02x

Higher debt load relative to revenue than 34% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

86th percentile

19%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

66th percentile

9.3%

Faster asset growth than 66% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

78%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$759,632

Up $64,935 (+9.3%) from 2014

Net Assets

Up

$752,250

Up $80,673 (+12%) from 2014

Liabilities

Down

$7,382

Down $15,738 (-68%) from 2014

Revenue

Up

$429,129

Up $187,421 (+78%) from 2014

Expenses

Up

$348,456

Up $155,385 (+80%) from 2014

Net Income

Up

$80,673

Up $32,036 (+66%) from 2014

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: $932,256Liabilities 2011: $67,840Net Assets 2011: $864,4162011Assets 2013: $634,188Liabilities 2013: $11,248Net Assets 2013: $622,9402013Assets 2014: $694,697Liabilities 2014: $23,120Net Assets 2014: $671,5772014Assets 2015: $759,632Liabilities 2015: $7,382Net Assets 2015: $752,2502015Assets 2016: $786,678Liabilities 2016: $21,558Net Assets 2016: $765,1202016Assets 2017: $813,698Liabilities 2017: $179,762Net Assets 2017: $633,9362017Assets 2018: $619,735Liabilities 2018: $4,148Net Assets 2018: $615,5872018Assets 2019: $925,298Liabilities 2019: $10,660Net Assets 2019: $914,6382019Assets 2020: $1,045,794Liabilities 2020: $71,035Net Assets 2020: $974,7592020Assets 2021: $1,357,951Liabilities 2021: $161,024Net Assets 2021: $1,196,9272021Assets 2022: $1,622,278Liabilities 2022: $258,367Net Assets 2022: $1,363,9112022Assets 2023: $1,742,061Liabilities 2023: $282,133Net Assets 2023: $1,459,9282023Assets 2024: $1,769,859Liabilities 2024: $171,390Net Assets 2024: $1,598,4692024Assets 2025: $2,112,769Liabilities 2025: $322,348Net Assets 2025: $1,790,4212025

Highlighted filing

2015

Assets$759,632
Liabilities$7,382
Net Assets$752,250

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $348,269Expenses 2011: $292,264Net Income 2011: $56,0052011Revenue 2013: $225,237Expenses 2013: $280,672Net Income 2013: -$55,4352013Revenue 2014: $241,708Expenses 2014: $193,071Net Income 2014: $48,6372014Revenue 2015: $429,129Expenses 2015: $348,456Net Income 2015: $80,6732015Revenue 2016: $208,558Expenses 2016: $195,688Net Income 2016: $12,8702016Revenue 2017: $219,380Expenses 2017: $350,564Net Income 2017: -$131,1842017Revenue 2018: $242,907Expenses 2018: $261,256Net Income 2018: -$18,3492018Revenue 2019: $595,575Expenses 2019: $296,524Net Income 2019: $299,0512019Revenue 2020: $592,032Expenses 2020: $475,048Net Income 2020: $116,9842020Revenue 2021: $437,729Expenses 2021: $339,266Net Income 2021: $98,4632021Revenue 2022: $763,871Expenses 2022: $508,107Net Income 2022: $255,7642022Revenue 2023: $629,554Expenses 2023: $583,017Net Income 2023: $46,5372023Revenue 2024: $780,213Expenses 2024: $641,672Net Income 2024: $138,5412024Revenue 2025: $731,720Expenses 2025: $645,394Net Income 2025: $86,3262025

Highlighted filing

2015

Revenue$429,129
Expenses$348,456
Net Income$80,673
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 8, 2016
Return Version
2014v6.0
Gross Receipts
$618,530
Mission and Program Overview

Mission

To promote the advancement of women in commercial real estate; to enhance public perception about the role of women in the industry; and to promote the highest standards of professionalism, ethics, and integrity in the field.

To promote the advancement of women in commercial real estate; to enhance public perception about the role of women in the industry; & promote highest standards of professionalism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$669,607$721,529▲ $51,922
Prepaid Expenses and Deferred Charges$20,850$20,850→ $0
Accounts Receivable$4,240$9,240▲ $5,000
Cash and Non-Interest-Bearing Accounts-$8,013-
Total Assets$694,697$759,632▲ $64,935
Liabilities
Accounts Payable and Accrued Expenses$23,120$7,382▼ $15,738
Total Liabilities$23,120$7,382▼ $15,738
Net Assets / Fund Balance
Unrestricted Net Assets$611,577$752,250▲ $140,673
Temporarily Rstr Net Assets$60,000$0▼ $60,000
Total Net Assets Fund Balance$671,577$752,250▲ $80,673
Total Liabilities and Net Assets / Fund Balance$694,697$759,632▲ $64,935
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cheryl BoyerImmediate Past President
Paula SchaeferPresident
Suzanne St PierreVice President
Allyson MartinBoard Member
Beth ZafonteBoard Member
Carolyn BrooksBoard Member
Elaine PhilisBoard Member
Elise WagnerBoard Member
Hilary SpannBoard Member
Wanda ChinBoard Member
Sara QueenSecretary
Maria KastanisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$112,856
Investment Income
$2,852
Other Revenue
$313,421
Change in Net Assets
$80,673
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$201,956
Grants and Similar Amounts Paid$146,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$146,500--$146,500
Conferences and Meetings$108,692--$108,692
Fees for Services Management-$70,200-$70,200
Fees for Services Other-$11,010-$11,010
Office Expenses-$7,893-$7,893
Insurance-$4,161-$4,161
Total Functional Expenses$255,192$93,264$0$348,456
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$502,822
Fundraising Direct Expenses$189,401
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Evening Event$502,822$502,822$17,013$485,809
Total Events$502,822$502,822$189,401$313,421
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

Wx, inc. Was incorporated as a membership organization.

Form 990, Part VI, Section A, Line 7A

Each member shall have one vote and shall be eligible to serve as an officer and on committees of wx, inc.

Form 990, Part VI, Section A, Line 7B

Whenever corporate action, including the election of directors and officers, is to be taken by vote of the members, it shall, except as otherwise required by law, be authorized by a majority of the votes cast at a meeting of members by the members present or represented at such meeting and entitled to vote thereon. Upon the demand of any member, the vote at any election of directors or officers, or the vote upon any question before a meeting, shall be by ballot; otherwise the method of voting shall be discretionary with the person presiding at the meeting.

Form 990, Part VI, Section A, Line 8B

There are no committees that can act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

The treasurer reviews the 990, then sends it to the board to review.

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

The conflict of interest policy is presented and explained to each board member at the beginning of the new board year. Each member reviews the policy, lets the association manager know if they have any questions and then signs and returns the completed policy to the association manager.

Form 990, Part VI, Section C, Line 19

Wx, inc's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Wx Inc
EIN
13-3486516
Phone
2124149309
Address
380 LEXINGTON AVENUE NO 1920, NEW YORK, NY 10168

Signing Officer

Name
Barbara Flusk
Title
Treasurer
Phone
2124149309
Signed
2016-04-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paula Schaefer
Formed
1989
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HWY, BOHEMIA, NY 11716
Preparer
Kenneth Cerini
Phone
6315821600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

As of june 30, 2015 and 2014, no amounts were recognized for uncertain income tax positions. Tax returns for the years ended june 30, 2012, 2013, 2014, and 2015 are open for examination by federal, state, and local taxing authorities.

Raw XML Appendix365 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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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS OF JUNE 30, 2015 AND 2014, NO AMOUNTS WERE RECOGNIZED FOR UNCERTAIN INCOME TAX POSITIONS. TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2012, 2013, 2014, AND 2015 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0189401
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0EVENING EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0502822
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0502822
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0502822
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0502822
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0313421
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017013
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017013
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0172388
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0172388
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0146500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt013
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WX, INC. WAS INCORPORATED AS A MEMBERSHIP ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH MEMBER SHALL HAVE ONE VOTE AND SHALL BE ELIGIBLE TO SERVE AS AN OFFICER AND ON COMMITTEES OF WX, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHENEVER CORPORATE ACTION, INCLUDING THE ELECTION OF DIRECTORS AND OFFICERS, IS TO BE TAKEN BY VOTE OF THE MEMBERS, IT SHALL, EXCEPT AS OTHERWISE REQUIRED BY LAW, BE AUTHORIZED BY A MAJORITY OF THE VOTES CAST AT A MEETING OF MEMBERS BY THE MEMBERS PRESENT OR REPRESENTED AT SUCH MEETING AND ENTITLED TO VOTE THEREON. UPON THE DEMAND OF ANY MEMBER, THE VOTE AT ANY ELECTION OF DIRECTORS OR OFFICERS, OR THE VOTE UPON ANY QUESTION BEFORE A MEETING, SHALL BE BY BALLOT; OTHERWISE THE METHOD OF VOTING SHALL BE DISCRETIONARY WITH THE PERSON PRESIDING AT THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TREASURER REVIEWS THE 990, THEN SENDS IT TO THE BOARD TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS PRESENTED AND EXPLAINED TO EACH BOARD MEMBER AT THE BEGINNING OF THE NEW BOARD YEAR. EACH MEMBER REVIEWS THE POLICY, LETS THE ASSOCIATION MANAGER KNOW IF THEY HAVE ANY QUESTIONS AND THEN SIGNS AND RETURNS THE COMPLETED POLICY TO THE ASSOCIATION MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WX, INC'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt060000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0694697
IRS990/TotalAssetsEOYAmt0759632
IRS990/TotalAssetsGrp/BOYAmt0694697
IRS990/TotalAssetsGrp/EOYAmt0759632
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt093264
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0255192
IRS990/TotalFunctionalExpensesGrp/TotalAmt0348456
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023120
IRS990/TotalLiabilitiesEOYAmt07382
IRS990/TotalLiabilitiesGrp/BOYAmt023120
IRS990/TotalLiabilitiesGrp/EOYAmt07382
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0671577
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0752250
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0255192
IRS990/TotalProgramServiceRevenueAmt0112856
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0316273
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0112856
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0429129
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0694697
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0759632
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0611577
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0752250
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0380 LEXINGTON AVENUE NO 1920
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010168
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.WXNYRE.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBARA FLUSK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02124149309
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WX INC
ReturnHeader/Filer/BusinessNameControlTxt0WXIN
ReturnHeader/Filer/EIN0133486516
ReturnHeader/Filer/PhoneNum02124149309
ReturnHeader/Filer/USAddress/AddressLine1Txt0380 LEXINGTON AVENUE NO 1920
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010168
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113066459
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CERINI & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03340 VETERANS MEMORIAL HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOHEMIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011716
ReturnHeader/PreparerPersonGrp/PhoneNum06315821600
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH CERINI
ReturnHeader/ReturnTs02016-04-08T09:45:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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.$2.11$0.32$1.79$0.73$0.65$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.17$1.60$0.78$0.64$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.74$0.28$1.46$0.63$0.58$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.26$1.36$0.76$0.51$0.26
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.16$1.20$0.44$0.34$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.07$0.97$0.59$0.48$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.01$0.91$0.60$0.30$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.00$0.62$0.24$0.26$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.18$0.63$0.22$0.35$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.02$0.77$0.21$0.20$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.01$0.75$0.43$0.35$0.08
2014Summary only. Only limited summary data is available for this year.$0.69$0.02$0.67$0.24$0.19$0.05
2013Summary only. Only limited summary data is available for this year.$0.63$0.01$0.62$0.23$0.28$0.06
2011Summary only. Only limited summary data is available for this year.$0.93$0.07$0.86$0.35$0.29$0.06