Civic Intelligence

Drc Charities Property Inc Law Offices of Barry J Boxer

990 • Fiscal year 2015 • EIN 13-6991676

May 01, 2014 to Apr 30, 2015 • Filed on Sep 03, 2015

1120 Avenue of the AmericasNew York, NY 10036

(212) 981-9060

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2015 filings • <$500k nonprofits • Source year 2015

Liabilities / Revenue

58th percentile

0.00x

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

2015 filings • <$500k nonprofits • Source year 2015

Net Margin

47th percentile

1.5%

Higher net margin than 47% of similar nonprofits.

2015 filings • <$500k nonprofits • Source year 2015

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2015 filings • <$500k nonprofits • Source year 2015

Asset Growth

74th percentile

18%

Faster asset growth than 74% of similar nonprofits.

2015 filings • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

18%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$7,326

Up $1,101 (+18%) from 2014

Net Assets

Up

$7,326

Up $1,101 (+18%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$74,826

Up $11,596 (+18%) from 2014

Expenses

Up

$73,725

Up $9,000 (+14%) from 2014

Net Income

Up

$1,101

Up $2,596 (+174%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2012: $9,308Liabilities 2012: $0Net Assets 2012: $9,3082012Assets 2013: $7,720Liabilities 2013: $0Net Assets 2013: $7,7202013Assets 2014: $6,225Liabilities 2014: $0Net Assets 2014: $6,2252014Assets 2015: $7,326Liabilities 2015: $0Net Assets 2015: $7,3262015Assets 2016: $9,517Liabilities 2016: $0Net Assets 2016: $9,5172016Assets 2017: $9,136Liabilities 2017: $0Net Assets 2017: $9,1362017Assets 2018: $8,198Liabilities 2018: $0Net Assets 2018: $8,1982018Assets 2019: $8,368Liabilities 2019: $0Net Assets 2019: $8,3682019Assets 2020: $32,057Liabilities 2020: $0Net Assets 2020: $32,0572020Assets 2021: $91,952Liabilities 2021: $0Net Assets 2021: $91,9522021Assets 2022: $80,321Liabilities 2022: $0Net Assets 2022: $80,3212022Assets 2023: $74,603Liabilities 2023: $0Net Assets 2023: $74,6032023Assets 2025: $98,782Liabilities 2025: $0Net Assets 2025: $98,7822025

Highlighted filing

2015

Assets$7,326
Liabilities$0
Net Assets$7,326

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $72,283Expenses 2012: $66,625Net Income 2012: $5,6582012Revenue 2013: $65,704Expenses 2013: $67,292Net Income 2013: -$1,5882013Revenue 2014: $63,230Expenses 2014: $64,725Net Income 2014: -$1,4952014Revenue 2015: $74,826Expenses 2015: $73,725Net Income 2015: $1,1012015Revenue 2016: $86,016Expenses 2016: $83,825Net Income 2016: $2,1912016Revenue 2017: $84,239Expenses 2017: $84,620Net Income 2017: -$3812017Revenue 2018: $86,681Expenses 2018: $87,619Net Income 2018: -$9382018Revenue 2019: $85,376Expenses 2019: $85,206Net Income 2019: $1702019Revenue 2020: $80,524Expenses 2020: $56,835Net Income 2020: $23,6892020Revenue 2021: $37,833Expenses 2021: $38,513Net Income 2021: -$6802021Revenue 2022: $57,254Expenses 2022: $68,882Net Income 2022: -$11,6282022Revenue 2023: $75,082Expenses 2023: $80,800Net Income 2023: -$5,7182023Revenue 2025: $102,474Expenses 2025: $71,982Net Income 2025: $30,4922025

Highlighted filing

2015

Revenue$74,826
Expenses$73,725
Net Income$1,101
Jump To
Filing Snapshot
Filing Period
May 1, 2014 to Apr 30, 2015
Signed
Sep 3, 2015
Return Version
2014v5.0
Gross Receipts
$74,826
Mission and Program Overview

Mission

A title holding corporation. All distributions are made to the beneficiaries of the title holding corporation.

A title holding corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,225$7,326▲ $1,101
Rtn Earn Endowment Incm Other Fnds$6,225$7,326▲ $1,101
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$6,225$7,326▲ $1,101
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,225$7,326▲ $1,101
Total Liabilities and Net Assets / Fund Balance$6,225$7,326▲ $1,101
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sheryl ZeligsonPresident
Barry J BoxerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$15
Other Revenue
$74,811
Change in Net Assets
$1,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,725
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
Benefits to Members---$70,000
Fees for Services Legal---$3,000
Fees for Services Accounting---$700
Other Expenses---$25
Total Functional Expenses$0$0$0$73,725
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
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
No
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
No
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

A draft of the 990 is presented to the Secretary prior to filing the tax return for review. Once the return has been reviewed a final copy is produced for filing with the government.

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

As a Title Holding Corporation, all policies adopted by the organization are first approved by the underlying Beneficiary Corporations and then made available to the public upon request.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc:

Sheryl Zeligson - C/O B Boxer 1162 6th Ave., Suite 4111, New York, NY 10036Barry J. Boxer - 1162 6th Ave., Suite 4111, New York, NY 10036

Filing and Contact Details

Filer

Filer Name
DRC Charities Property Inc
EIN
13-6991676
Phone
2129819060
Address
1120 Avenue of the Americas, New York, NY 10036

Signing Officer

Name
Barry J Boxer
Title
Secretary
Signed
2015-09-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry J Boxer
Formed
1990
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Kleespies Horwitz & Associates LLC CPAs
Address
67 Walnut Ave Ste 203, Clark, NJ 07066
Preparer
Paul A Kleespies CPA
Phone
8484673990
Raw XML Appendix289 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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossReceiptsAmt074826
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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
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IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NY
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A draft of the 990 is presented to the Secretary prior to filing the tax return for review. Once the return has been reviewed a final copy is produced for filing with the government.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1As a Title Holding Corporation, all policies adopted by the organization are first approved by the underlying Beneficiary Corporations and then made available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Sheryl Zeligson - C/O B Boxer 1162 6th Ave., Suite 4111, New York, NY 10036Barry J. Boxer - 1162 6th Ave., Suite 4111, New York, NY 10036
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VII Contact Addresses for Officers, Directors, Etc:
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ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Barry J Boxer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DRC Charities Property Inc
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Law Offices of Barry J Boxer
ReturnHeader/Filer/BusinessNameControlTxt0DRCC
ReturnHeader/Filer/EIN0136991676
ReturnHeader/Filer/PhoneNum02129819060
ReturnHeader/Filer/USAddress/AddressLine1Txt01120 Avenue of the Americas
ReturnHeader/Filer/USAddress/CityNm0New York
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010036
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kleespies Horwitz & Associates LLC CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt067 Walnut Ave Ste 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clark
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007066
ReturnHeader/PreparerPersonGrp/PhoneNum08484673990
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Paul A Kleespies CPA
ReturnHeader/ReturnTs02015-09-03T13:55:40-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-05-01
ReturnHeader/TaxPeriodEndDt02015-04-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$1.02$0.72$0.30
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.00$0.75$0.75$0.81$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.00$0.80$0.57$0.69$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.00$0.92$0.38$0.39$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$0.81$0.57$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.85$0.85$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.87$0.88$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$0.84$0.85$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.86$0.84$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.75$0.74$0.01
2014Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.63$0.65$0.01
2013Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.66$0.67$0.02
2012Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.72$0.67$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)25 • <$500k nonprofits