Civic Intelligence

Financial Planning Association of Ny

EIN 13-4112527 • 501(c)6 • New York, NY

Profile

Promote financial planning

535 Fifth Avenue 4th FloorNew York, NY 10017

www.fpany.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

28th percentile

-14%

Higher net margin than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

24th percentile

-24%

Faster asset growth than 24% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

2.7%

Faster revenue growth than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$112,314

Down $36,056 (-24%) from 2016

Liabilities

Down

$0

Down $7,509 (-100%) from 2016

Net Assets

Down

$112,314

Down $28,547 (-20%) from 2016

Revenue

Up

$211,221

Up $5,565 (+2.7%) from 2016

Expenses

Up

$239,768

Up $62,382 (+35%) from 2016

Net Income

Down

-$28,547

Down $56,817 (-201%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2010: $115,579Liabilities 2010: $15,164Net Assets 2010: $100,4152010Assets 2011: $103,608Liabilities 2011: $9,385Net Assets 2011: $94,2232011Assets 2012: $91,438Liabilities 2012: $9,206Net Assets 2012: $82,2322012Assets 2013: $108,284Liabilities 2013: $10,774Net Assets 2013: $97,5102013Assets 2014: $102,392Liabilities 2014: $3,944Net Assets 2014: $98,4482014Assets 2015: $117,689Liabilities 2015: $5,098Net Assets 2015: $112,5912015Assets 2016: $148,370Liabilities 2016: $7,509Net Assets 2016: $140,8612016Assets 2017: $112,314Liabilities 2017: $0Net Assets 2017: $112,3142017

Highlighted filing

2017

Assets$112,314
Liabilities$0
Net Assets$112,314

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $170,802Expenses 2010: $161,014Net Income 2010: $9,7882010Revenue 2011: $160,238Expenses 2011: $166,430Net Income 2011: -$6,1922011Revenue 2012: $167,187Expenses 2012: $179,178Net Income 2012: -$11,9912012Revenue 2013: $183,626Expenses 2013: $168,348Net Income 2013: $15,2782013Revenue 2014: $175,916Expenses 2014: $174,978Net Income 2014: $9382014Revenue 2015: $185,985Expenses 2015: $171,842Net Income 2015: $14,1432015Revenue 2016: $205,656Expenses 2016: $177,386Net Income 2016: $28,2702016Revenue 2017: $211,221Expenses 2017: $239,768Net Income 2017: -$28,5472017

Highlighted filing

2017

Revenue$211,221
Expenses$239,768
Net Income-$28,547

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 14, 2018
Return Version
2017v2.2
Gross Receipts
$211,221
Mission and Program Overview

Mission

Promote financial planning

Promote financial planning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$141,027$110,538▼ $30,489
Accounts Receivable$3,500$0▼ $3,500
Prepaid Expenses and Deferred Charges$3,843$1,776▼ $2,067
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-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$148,370$112,314▼ $36,056
Other Assets Total-$0-
Liabilities
Deferred Revenue$4,400--
Accounts Payable and Accrued Expenses$3,109--
Total Liabilities$7,509$0▼ $7,509
Net Assets / Fund Balance
Unrestricted Net Assets$140,861$112,314▼ $28,547
Total Net Assets Fund Balance$140,861$112,314▼ $28,547
Total Liabilities and Net Assets / Fund Balance$148,370$112,314▼ $36,056
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy ConsidineBoard Director
Anthea PerkinsonBoard Director
Brian CumminsBoard Director
Christine GoodrichBoard Director
Devika KambohBoard Director
Garrett PhilbinBoard Director
JOHN O'MEARABoard Director
Joanne SniderBoard Director
Kristen NovakBoard Director
Lee ContiBoard Director
Levar HaffoneyBoard Director
Simon BradyBoard Director
Thomas ChuBoard Director
Revenue and Support

Revenue Composition

Contributions and Grants
$82,423
Program Service Revenue
$128,739
Investment Income
$59
Other Revenue
$0
All Other Contributions
$18,702
Change in Net Assets
$-28,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$239,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$27,498$27,497-$54,995
Conferences and Meetings$50,087--$50,087
Travel-$8,292-$8,292
All Other Expenses$595$5,814-$6,409
Other Expenses$6,294$18,903-$6,294
Insurance-$3,228-$3,228
Advertising-$2,295-$2,295
Office Expenses-$1,638-$1,638
Fees for Services Accounting-$900-$900
Total Functional Expenses$171,201$68,567$0$239,768
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
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

01. Form 990 governing body review (part vi, line 11)key board members as well as financial consultant review the 990 and related materials prior to submittal to various tax authorities.02. Conflict of interest policy compliance (part vi, line 12c)any potential conflict of interest is required to be immediately disclosed by all board members as they arise.03. Ceo, executive director, top management comp. (part vi, line 12a)the organization does not currently have any employees. However, they have a policy in place whereby all compensation of management is set and governed by the board of directors and is review per annum.04. Other officer or key employee compensation (part vi, line 15b)the organization does not currently have any employees. However, they have a policy in place whereby all compensation of employees is set and governed by the board of directors and is review per annum.05. Governing documents, etc, available to public (part vi, line 19)all governing documents, financial statements and policies and procedures are made available to the public upon request. The 990 and state returns are made available upon request and the 990 can also be obtained at guidestar.com, which is a website that shares nonprofit financial information.

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

Governing documents, etc, available to public (part vi, line 19)all governing documents, financial statements and policies and procedures are made available to the public upon request. The 990 and state returns are made available upon request and the 990 can also be obtained at guidestar.com, which is a website that shares nonprofit financial information.

Filing and Contact Details

Filer

Filer Name
Financial Planning Association of Ny
EIN
13-4112527
Phone
9144196412
Address
535 FIFTH AVENUE 4TH FLOOR, NEW YORK, NY 10017

Signing Officer

Name
Anthea Perkinson
Title
Board Director
Signed
2018-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthea Perkinson
Formed
1999
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
12
Employees
0

Preparer

Firm
Dalessio Tocci & Pell Llp
Address
20 West 36th Street 10th floor, NEW YORK, NY 10018-9785
Preparer
Joseph S Tocci CPA
Phone
2122446166
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt001. FORM 990 GOVERNING BODY REVIEW (PART VI, LINE 11)KEY BOARD MEMBERS AS WELL AS FINANCIAL CONSULTANT REVIEW THE 990 AND RELATED MATERIALS PRIOR TO SUBMITTAL TO VARIOUS TAX AUTHORITIES.02. CONFLICT OF INTEREST POLICY COMPLIANCE (PART VI, LINE 12C)ANY POTENTIAL CONFLICT OF INTEREST IS REQUIRED TO BE IMMEDIATELY DISCLOSED BY ALL BOARD MEMBERS AS THEY ARISE.03. CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT COMP. (PART VI, LINE 12A)THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY EMPLOYEES. HOWEVER, THEY HAVE A POLICY IN PLACE WHEREBY ALL COMPENSATION OF MANAGEMENT IS SET AND GOVERNED BY THE BOARD OF DIRECTORS AND IS REVIEW PER ANNUM.04. OTHER OFFICER OR KEY EMPLOYEE COMPENSATION (PART VI, LINE 15B)THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY EMPLOYEES. HOWEVER, THEY HAVE A POLICY IN PLACE WHEREBY ALL COMPENSATION OF EMPLOYEES IS SET AND GOVERNED BY THE BOARD OF DIRECTORS AND IS REVIEW PER ANNUM.05. GOVERNING DOCUMENTS, ETC, AVAILABLE TO PUBLIC (PART VI, LINE 19)ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND POLICIES AND PROCEDURES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 AND STATE RETURNS ARE MADE AVAILABLE UPON REQUEST AND THE 990 CAN ALSO BE OBTAINED AT GUIDESTAR.COM, WHICH IS A WEBSITE THAT SHARES NONPROFIT FINANCIAL INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS, ETC, AVAILABLE TO PUBLIC (PART VI, LINE 19)ALL GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND POLICIES AND PROCEDURES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 AND STATE RETURNS ARE MADE AVAILABLE UPON REQUEST AND THE 990 CAN ALSO BE OBTAINED AT GUIDESTAR.COM, WHICH IS A WEBSITE THAT SHARES NONPROFIT FINANCIAL INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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