Civic Intelligence

Nansen Properties Inc

990 • Fiscal year 2016 • EIN 13-6162749

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

PO Box 140122Staten Island, NY 10314

(718) 207-9050

Siviq Scores

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

Liabilities / Assets

70th percentile

0.26x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)2 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

98th percentile

100%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)2 • <$500k nonprofits • Source year 2016

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

2016 filings • 501(c)2 • <$500k nonprofits • Source year 2016

Asset Growth

48th percentile

-1.6%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)2 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Assets

Down

$245,192

Down $3,959 (-1.6%) from 2015

Net Assets

Down

$181,300

Down $28,851 (-14%) from 2015

Liabilities

Up

$63,892

Up $24,892 (+64%) from 2015

Revenue

Down

-$28,851

Down $19,360 (-204%) from 2015

Expenses

Flat

$0

Flat from 2015

Net Income

Down

-$28,851

Down $19,360 (-204%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $358,634Liabilities 2010: $20,000Net Assets 2010: $338,6342010Assets 2011: $338,639Liabilities 2011: $39,000Net Assets 2011: $299,6392011Assets 2012: $313,822Liabilities 2012: $39,000Net Assets 2012: $274,8222012Assets 2013: $291,132Liabilities 2013: $39,000Net Assets 2013: $252,1322013Assets 2014: $259,084Liabilities 2014: $39,4422014Assets 2015: $249,151Liabilities 2015: $39,000Net Assets 2015: $210,1512015Assets 2016: $245,192Liabilities 2016: $63,892Net Assets 2016: $181,3002016Assets 2017: $208,969Liabilities 2017: $39,000Net Assets 2017: $169,9692017Assets 2018: $376,242Liabilities 2018: $39,000Net Assets 2018: $337,2422018Assets 2019: $328,657Liabilities 2019: $39,0002019Assets 2020: $204,978Liabilities 2020: $39,000Net Assets 2020: $165,9782020Assets 2021: $194,284Liabilities 2021: $39,000Net Assets 2021: $155,2842021Assets 2022: $161,643Liabilities 2022: $39,000Net Assets 2022: $122,6432022Assets 2023: $139,410Liabilities 2023: $39,0002023Assets 2024: $166,151Liabilities 2024: $59,077Net Assets 2024: $107,0742024

Highlighted filing

2016

Assets$245,192
Liabilities$63,892
Net Assets$181,300

Operations Trend

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

$300K$200K$100K$0-$100K-$200KExpenses 2010: $02010Expenses 2011: $02011Revenue 2012: $169,579Expenses 2012: $194,396Net Income 2012: -$24,8172012Revenue 2013: $172,831Expenses 2013: $195,521Net Income 2013: -$22,6902013Revenue 2014: $199,317Expenses 2014: $231,807Net Income 2014: -$32,4902014Revenue 2015: -$9,491Expenses 2015: $0Net Income 2015: -$9,4912015Revenue 2016: -$28,851Expenses 2016: $0Net Income 2016: -$28,8512016Revenue 2017: -$11,331Expenses 2017: $0Net Income 2017: -$11,3312017Revenue 2018: $167,273Expenses 2018: $0Net Income 2018: $167,2732018Revenue 2019: $180,140Expenses 2019: $227,725Net Income 2019: -$47,5852019Revenue 2020: $78,215Expenses 2020: $201,894Net Income 2020: -$123,6792020Revenue 2021: $171,651Expenses 2021: $182,345Net Income 2021: -$10,6942021Revenue 2022: $191,432Expenses 2022: $224,073Net Income 2022: -$32,6412022Revenue 2023: $199,315Expenses 2023: $221,548Net Income 2023: -$22,2332023Revenue 2024: $186,004Expenses 2024: $179,340Net Income 2024: $6,6642024

Highlighted filing

2016

Revenue-$28,851
Expenses$0
Net Income-$28,851
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$217,573
Mission and Program Overview

Mission

Real estate holding company for exempt fraternal lodge.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$243,629$228,557▼ $15,072
Pd in Cap Srpls Land Bldg Eqp Fund$93,108$93,108→ $0
Rtn Earn Endowment Incm Other Fnds$117,043$88,192▼ $28,851
Cash and Non-Interest-Bearing Accounts$5,522$16,635▲ $11,113
Loans From Officers Directors$1,000$1,000→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$249,151$245,192▼ $3,959
Other Assets Total-$0-
Liabilities
Unsecured Notes Loans Payable$38,000$38,000→ $0
Accounts Payable and Accrued Expenses-$24,892-
Total Liabilities$39,000$63,892▲ $24,892
Net Assets / Fund Balance
Total Net Assets Fund Balance$210,151$181,300▼ $28,851
Total Liabilities and Net Assets / Fund Balance$249,151$245,192▼ $3,959

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$142,361$483,308$625,669
Buildings$45,465$170,390$215,855
Other Land Buildings$1,688$94,191$95,879
Equipment$28,790$63,682$92,472
Land$10,253-$10,253
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harry KuellVice President
Lillian KuelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,730
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-32,581
All Other Contributions
$3,730
Change in Net Assets
$-28,851
Expenses and Functional Allocation

Major Expense Lines

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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$1,000$1,000→ $0
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
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

The Vice President and Treasurer are husband and wife.

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

The officers review form 990 for accuracy before signing and mailing it to the government.

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

Information is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Nansen Properties Inc
EIN
13-6162749
Phone
7182079050
Address
PO Box 140122, Staten Island, NY 10314

Signing Officer

Name
Paul Kornbrekke
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harry Kuell
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Potter & Lamarca Llp
Address
101 TYRELLAN AVE, STATEN ISLAND, NY 10309-2651
Preparer
Jeffrey J Potter CPA
Phone
7182278000
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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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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0101 TYRELLAN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STATEN ISLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0103092651
ReturnHeader/PreparerPersonGrp/PhoneNum07182278000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey J Potter CPA
ReturnHeader/ReturnTs02017-11-14T08:58:44-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.66$0.59$1.07$1.86$1.79$0.07
2023Summary only. Only limited summary data is available for this year.$1.39$0.39$1.99$2.22$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.62$0.39$1.23$1.91$2.24$0.33
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$0.39$1.55$1.72$1.82$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.39$1.66$0.78$2.02$1.24
2019Summary only. Only limited summary data is available for this year.$3.29$0.39$1.80$2.28$0.48
2018Summary only. Only limited summary data is available for this year.$3.76$0.39$3.37$1.67$0.00$1.67
2017Summary only. Only limited summary data is available for this year.$2.09$0.39$1.70$0.11$0.00$0.11
2016Detailed filing. Detailed filing data is available for this year.$2.45$0.64$1.81$0.29$0.00$0.29
2015Detailed filing. Detailed filing data is available for this year.$2.49$0.39$2.10$0.09$0.00$0.09
2014Summary only. Only limited summary data is available for this year.$2.59$0.39$1.99$2.32$0.32
2013Detailed filing. Detailed filing data is available for this year.$2.91$0.39$2.52$1.73$1.96$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.39$2.75$1.70$1.94$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.39$3.00$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.20$3.39$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)2 • <$500k nonprofits