Civic Intelligence

The Purchase Community Inc

EIN 13-5658449 • 501(c)3 • Purchase, NY

Profile

Provide the people of purchase, new york and the neighboring areas community activities for children and adults in order to encourage community loyalty and service.

3095 Purchase StreetPurchase, NY 10577

www.purchasehouse.com

Siviq Scores

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

Liabilities / Assets

57th percentile

0.11x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.11x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

52nd percentile

5.6%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

1.0%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-19%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,097,441

Up $21,274 (+1.0%) from 2022

Liabilities

Down

$229,514

Down $95,203 (-29%) from 2022

Net Assets

Up

$1,867,927

Up $116,477 (+6.7%) from 2022

Revenue

Down

$2,082,303

Down $491,772 (-19%) from 2022

Expenses

Up

$1,965,565

Up $49,710 (+2.6%) from 2022

Net Income

Down

$116,738

Down $541,482 (-82%) from 2022

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,223,449Liabilities 2011: $197,217Net Assets 2011: $3,026,2322011Assets 2012: $3,272,312Liabilities 2012: $196,880Net Assets 2012: $3,075,4322012Assets 2013: $3,137,406Liabilities 2013: $218,851Net Assets 2013: $2,918,5552013Assets 2014: $2,907,003Liabilities 2014: $265,758Net Assets 2014: $2,641,2452014Assets 2015: $2,699,281Liabilities 2015: $267,145Net Assets 2015: $2,432,1362015Assets 2016: $2,524,249Liabilities 2016: $263,849Net Assets 2016: $2,260,4002016Assets 2017: $2,133,236Liabilities 2017: $165,537Net Assets 2017: $1,967,6992017Assets 2018: $1,865,542Liabilities 2018: $68,596Net Assets 2018: $1,796,9462018Assets 2019: $1,854,233Liabilities 2019: $251,435Net Assets 2019: $1,602,7982019Assets 2020: $1,772,005Liabilities 2020: $926,024Net Assets 2020: $845,9812020Assets 2021: $1,572,775Liabilities 2021: $464,464Net Assets 2021: $1,108,3112021Assets 2022: $2,076,167Liabilities 2022: $324,717Net Assets 2022: $1,751,4502022Assets 2023: $2,097,441Liabilities 2023: $229,514Net Assets 2023: $1,867,9272023

Highlighted filing

2023

Assets$2,097,441
Liabilities$229,514
Net Assets$1,867,927

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,395,637Expenses 2011: $2,461,194Net Income 2011: -$65,5572011Revenue 2012: $2,326,305Expenses 2012: $2,282,627Net Income 2012: $43,6782012Expenses 2013: $2,287,7012013Revenue 2014: $1,966,768Expenses 2014: $2,261,334Net Income 2014: -$294,5662014Revenue 2015: $2,110,122Expenses 2015: $2,305,133Net Income 2015: -$195,0112015Revenue 2016: $2,087,436Expenses 2016: $2,271,782Net Income 2016: -$184,3462016Revenue 2017: $1,917,313Expenses 2017: $2,199,377Net Income 2017: -$282,0642017Revenue 2018: $1,919,060Expenses 2018: $2,094,564Net Income 2018: -$175,5042018Revenue 2019: $1,946,377Expenses 2019: $2,148,904Net Income 2019: -$202,5272019Revenue 2020: $589,467Expenses 2020: $1,324,034Net Income 2020: -$734,5672020Revenue 2021: $1,907,553Expenses 2021: $1,648,264Net Income 2021: $259,2892021Revenue 2022: $2,574,075Expenses 2022: $1,915,855Net Income 2022: $658,2202022Revenue 2023: $2,082,303Expenses 2023: $1,965,565Net Income 2023: $116,7382023

Highlighted filing

2023

Revenue$2,082,303
Expenses$1,965,565
Net Income$116,738

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.10$0.23$1.87$2.08$1.97$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.32$1.75$2.57$1.92$0.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.46$1.11$1.91$1.65$0.26
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.93$0.85$0.59$1.32$0.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$0.25$1.60$1.95$2.15$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.87$0.07$1.80$1.92$2.09$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.17$1.97$1.92$2.20$0.28
2016Detailed filing. Detailed filing data is available for this year.$2.52$0.26$2.26$2.09$2.27$0.18
2015Detailed filing. Detailed filing data is available for this year.$2.70$0.27$2.43$2.11$2.31$0.20
2014Summary only. Only limited summary data is available for this year.$2.91$0.27$2.64$1.97$2.26$0.29
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.22$2.92$2.29
2012Summary only. Only limited summary data is available for this year.$3.27$0.20$3.08$2.33$2.28$0.04
2011Summary only. Only limited summary data is available for this year.$3.22$0.20$3.03$2.40$2.46$0.07
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Jun 6, 2023
Return Version
2021v4.2
Gross Receipts
$2,574,075
Mission and Program Overview

Mission

Provide the people of purchase, new york and the neighboring areas community activities for children and adults in order to encourage community loyalty and service.

Provide the people of purchase, new york and the neighboring areas community activities for childrenans adults in order to encourage community loyalty and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$785,487$754,974▼ $30,513
Investments Other Securities$399,735$723,670▲ $323,935
Savings and Temporary Cash Investments$337,463$463,222▲ $125,759
Prepaid Expenses and Deferred Charges$22,126$19,630▼ $2,496
Accounts Receivable$12,343$15,060▲ $2,717
Cash and Non-Interest-Bearing Accounts$607$607→ $0
Total Assets$1,572,775$2,076,167▲ $503,392
Other Assets Total$15,014$99,004▲ $83,990
Liabilities
Other Liabilities$405,731$179,931▼ $225,800
Accounts Payable and Accrued Expenses$54,433$113,196▲ $58,763
Deferred Revenue$4,300$31,590▲ $27,290
Total Liabilities$464,464$324,717▼ $139,747
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,103,372$1,751,450▲ $648,078
Net Assets With Donor Restrictions$4,939$0▼ $4,939
Total Net Assets Fund Balance$1,108,311$1,751,450▲ $643,139
Total Liabilities and Net Assets / Fund Balance$1,572,775$2,076,167▲ $503,392

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$159,591$1,709,301$1,868,892
Land$572,605-$572,605
Buildings$0$337,500$337,500
Equipment$22,778$183,512$206,290
Other Securities$75,455--
Closely Held Equity Interests$648,215--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James E KellyExecutive DirectorFT$225,303$8,758$234,061

Board Members and Trustees

NameTitle
Scott ShermanDirector and Finance Chair
Clare ConlinPast President, Secretary & Director
Shannon AndersonPresident and Director
Justine GaetaVice President and Directo
Andrew BenerofeDirector
Carolyn RodierDirector
Eleanor MytychDirector
Jessica Levinson-andrukDirector
Lauren De La CruzDirector
Loren CanellDirector
Marylee LiebowitzDirector
Michael WinterDirector
Charles AtanasioTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$281,871
Program Service Revenue
$1,714,564
Investment Income
$1,899
Other Revenue
$575,741
All Other Contributions
$102,083
Change in Net Assets
$658,220

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,574,075
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-15,081
Total Revenue per Audited Statements
$2,558,994
Total Revenue per Form 990
$2,574,075
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,091,896
Other Expenses$823,959
Total Fundraising Expense$55,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$539,462$78,483$13,887$631,832
Current Officers, Directors, Trustees, and Key Employees$147,459$70,218$16,384$234,061
Other Employee Benefits$122,969$26,618$5,419$155,006
All Other Expenses$115,860$25,172$5,386$146,418
Insurance$82,751$17,914$3,647$104,312
Payroll Taxes$56,323$12,192$2,482$70,997
Other Expenses$56,597$10,992$2,237$69,826
Depreciation Depletion$33,933$7,346$1,495$42,774
Office Expenses$32,141$5,852$1,386$39,379
Fees for Services Accounting-$21,658-$21,658
Advertising$5,870$1,270$259$7,399
Fees for Services Other-$5,385-$5,385
Interest-$4,261-$4,261
Fees for Services Legal-$3,370-$3,370
Total Functional Expenses$1,553,320$306,702$55,833$1,915,855

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,915,855
Total Expenses per Audited Statements$1,915,855
Total Expenses per Form 990$1,915,855
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Eidl Loan Payable$159,145
Capital Lease Payable$5,480
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Section B, Line 11B

Form 990 copy provided by the preparer and is reviewed by an officer and audit committee members, prior to approval for filing.

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

Reviewed and approved annually by the board and committee.

Form 990, Part VI, Section B, Line 15

Reviewed and approved annually or when it's necessary by the board and it's committees.

Form 990, Part VI, Section C, Line 18

The governing documents and other items, such as: by-laws, corporate documents, policies adopted and the financial statements are available to the public upon request.

Form 990, Part VI, Section C, Line 19

The governing documents and other items, such as: by-laws, corporate documents, policies adopted and the financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Purchase Community Inc
EIN
13-5658449
Phone
9149492636
Address
3095 PURCHASE STREET, PURCHASE, NY 10577

Signing Officer

Name
Shannon Anderson
Title
President
Phone
9149492636
Signed
2023-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannon Anderson
Formed
1926
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
112
Volunteers
15

Preparer

Firm
KASS & JAFFE CPA'S PC
Address
1025 WESTCHESTER AVE, WHITE PLAINS, NY 10604
Preparer
George P Pristouris
Phone
9149487800
Supplemental Narrative

Additional Explanations

990 Part XII, Line 2C

The compliance process for the oversight by the audit committee of the audited financial statements with the independent auditor has been consistant as in prior years with no changes in the current year.

Raw XML AppendixShowing 400 of 586 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/ActivityOrMissionDesc0PROVIDE THE PEOPLE OF PURCHASE, NEW YORK AND THE NEIGHBORING AREAS COMMUNITY ACTIVITIES FOR CHILDRENANS ADULTS IN ORDER TO ENCOURAGE COMMUNITY LOYALTY AND SERVICE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST PRESIDENT, SECRETARY & DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR AND FINANCE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
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IRS990/MissionDesc0PROVIDE THE PEOPLE OF PURCHASE, NEW YORK AND THE NEIGHBORING AREAS COMMUNITY ACTIVITIES FOR CHILDREN AND ADULTS IN ORDER TO ENCOURAGE COMMUNITY LOYALTY AND SERVICE.
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1157122
IRS990/ProgSrvcAccomActy2Grp/Desc0POOL ACTIVITIES - LAP SWIMMING, POOL PARTIES AND SWIM LESSONS HIGHLIGHT THIS OUTDOOR PROGRAM WHERE CERTIFIED STAFF SUPERVISE ALL BATHERS. OUR POOL PROGRAMS SERVES FAMILIES FROM MEMORIAL DAY TO LABOR DAY. OUR POOL PROGRAMS SERVED FAMILIES FROM MEMORIAL DAY TO LABOR DAY. THIS ACTIVITY WAS HAULTED/REDUCED DUE TO CORONAVIRUS PANDEMIC.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt039147
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY ACTIVITIES - AFTER SCHOOL PROGRAM IS THE STAPLE OF OUR OFFERINGS AND RUNS FROM SEPTEMBER TO MAY. THIS YEAR WE HOSTED/SERVICED APPROXIMATELY 95 PARTICIPANTS FROM KINDERGARTEN TO 5TH GRADE. WE ALSO HOST TEEN NIGHT AND FRIDAY NIGHT YOUTH PROGRAMS FOR 3RD - 8TH GRADERS. THIS ACTIVITIES WAS HAULTED/REDUCED DUE TO CORONAVIRUS PANDEMIC SINCE 2020.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0250676
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0157122
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FOOD SERVICE AND REIMBURSEMENTS OF SALARY & RELATED EXPENSES.
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt083990
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IRS990ScheduleA/InvestmentIncomeCYPct00.07380
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