Civic Intelligence

Nansen Properties Inc

990EZ • Fiscal year 2020 • EIN 13-6162749

Jan 01, 2020 to Dec 31, 2020 • Filed on May 06, 2021

Organization ProfileN/A
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

69th percentile

0.19x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

69th percentile

0.50x

Higher debt load relative to revenue than 69% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

Net Margin

7th percentile

-158%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

2020 filings • 501(c)2 • <$500k nonprofits • Source year 2020

Asset Growth

11th percentile

-38%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-57%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)2 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$204,978

Down $123,679 (-38%) from 2019

Net Assets

$165,978

No earlier filing loaded for comparison.

Liabilities

Flat

$39,000

Flat from 2019

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin7th percentile

Revenue

Down

$78,215

Down $101,925 (-57%) from 2019

Expenses

Down

$201,894

Down $25,831 (-11%) from 2019

Net Income

Down

-$123,679

Down $76,094 (-160%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

2020

Assets$204,978
Liabilities$39,000
Net Assets$165,978
Open 2020 Filing

Operations Trend

Revenue Growth15th percentile

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

2020

Revenue$78,215
Expenses$201,894
Net Income-$123,679
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 6, 2021
Return Version
2020v4.0
Gross Receipts
$78,215
Mission and Program Overview

Mission

Real estate holding company for exempt fraternal lodge.

Program Services

DescriptionGrantsExpenses
Managed real estate for Non For Profit fraternal organization--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Harry KuellTreasurer-$0--
Kenneth GundersenDirector-$0--
Earnest ThorkildsenDirector-$0--
Richard EcklandDirector-$0--
Paul KornbrekkePresident & CEO-$0--
Paula West-MejiaTreasurer-$0--
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
2021-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Potter & Lamarca Llp
Address
2420 ARTHUR KILL RD, STATEN ISLAND, NY 10309
Preparer
Jeffrey J Potter CPA
Phone
7182278000
Supplemental Narrative

Additional Explanations

Other Assets.1002

“Furniture and Fixtures - Beginning $639 Furniture and Fixtures - Ending $639”

Other Assets.1003

“Machinery and Equipment - Beginning $25357 Machinery and Equipment - Ending $21802”

Other Assets.1004

“Miscellaneous - Beginning $191 Miscellaneous - Ending $191”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $1000 Payable to Officers, Directors, Etc. - Ending $1000”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $38000 Unsecured Notes and Loans Payable - Ending $38000”

Raw XML Appendix136 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Harry Kuell
IRS990EZ/BooksInCareOfDetail/PhoneNum07182079050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0107 Kemball Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Staten Island
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010314
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0119618
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013155
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-123679
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0328657
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0204978
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt078215
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt078215
IRS990EZ/LandAndBuildingsGrp/BOYAmt0182852
IRS990EZ/LandAndBuildingsGrp/EOYAmt0169191
IRS990EZ/LoansToFromOfficersAmt01000
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0289657
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0165978
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0289657
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0165978
IRS990EZ/OccupancyRentUtltsAndMaintAmt0201894
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Harry Kuell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kenneth Gundersen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Earnest Thorkildsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Richard Eckland
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Paul Kornbrekke
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Paula West-Mejia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt026187
IRS990EZ/OtherAssetsTotalDetail/EOYAmt022632
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Real estate holding company for exempt fraternal lodge.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Managed real estate for Non For Profit fraternal organization
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt039000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt039000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0201894
IRS990EZ/TotalRevenueAmt078215
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0To pay expenses of organization
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Harry Kuell
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt01000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Furniture and Fixtures - Beginning $639 Furniture and Fixtures - Ending $639
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Machinery and Equipment - Beginning $25357 Machinery and Equipment - Ending $21802
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Miscellaneous - Beginning $191 Miscellaneous - Ending $191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Payable to Officers, Directors, Etc. - Beginning $1000 Payable to Officers, Directors, Etc. - Ending $1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Unsecured Notes and Loans Payable - Beginning $38000 Unsecured Notes and Loans Payable - Ending $38000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Assets.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1004
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1008
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Paul Kornbrekke
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Nansen Properties Inc
ReturnHeader/Filer/BusinessNameControlTxt0NANS
ReturnHeader/Filer/EIN0136162749
ReturnHeader/Filer/PhoneNum07182079050
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 140122
ReturnHeader/Filer/USAddress/CityNm0Staten Island
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010314
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133537142
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0POTTER & LAMARCA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02420 ARTHUR KILL RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STATEN ISLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010309
ReturnHeader/PreparerPersonGrp/PhoneNum07182278000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey J Potter CPA
ReturnHeader/ReturnTs02021-05-06T13:28:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Paul
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kornbrekke
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$204,978
Liabilities
$39,000
Net assets
$165,978
Revenue
$78,215
Expenses
$201,894
Net income
-$123,679
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
2020Detailed filing. Detailed filing data is available for this year.$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
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$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