Civic Intelligence

Crossroads Incubator Corporation

EIN 14-1713435 • 501(c)3 • Gloversville, NY

Profile

To enhance employment opportunities and to promote the economic well-being of fulton county, new york by providing facilities and support services to new businesses.

34 West Fulton StreetGloversville, NY 12078

www.sites4u.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

98th percentile

96%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

100th percentile

6207%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $27,488 (-100%) from 2018

Liabilities

Down

$0

Down $203,830 (-100%) from 2018

Net Assets

Up

$0

Up $176,342 (+100%) from 2018

Operations
Liabilities / Revenue62nd percentileNet Margin98th percentile

Revenue

Up

$184,164

Up $181,244 (+6207%) from 2018

Expenses

Down

$7,822

Down $5,850 (-43%) from 2018

Net Income

Up

$176,342

Up $187,094 (+1740%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$20M$10M$0-$10MAssets 2010: $19,270,563Liabilities 2010: $13,081,962Net Assets 2010: $6,188,6012010Assets 2011: $18,195,366Liabilities 2011: $12,844,976Net Assets 2011: $5,350,3902011Assets 2012: $16,023,932Liabilities 2012: $11,823,418Net Assets 2012: $4,200,5142012Assets 2013: $15,582,055Liabilities 2013: $12,381,907Net Assets 2013: $3,200,1482013Assets 2014: $12,935,134Liabilities 2014: $11,768,182Net Assets 2014: $1,166,9522014Assets 2015: $11,718,511Liabilities 2015: $11,456,985Net Assets 2015: $261,5262015Assets 2016: $2,178,787Liabilities 2016: $4,121,699Net Assets 2016: -$1,942,9122016Assets 2017: $39,401Liabilities 2017: $204,991Net Assets 2017: -$165,5902017Assets 2018: $27,488Liabilities 2018: $203,830Net Assets 2018: -$176,3422018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities$0
Net Assets$0
Open 2019 Filing

Operations Trend

Revenue Growth100th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $2,723,736Expenses 2010: $2,483,942Net Income 2010: $239,7942010Revenue 2011: $1,239,228Expenses 2011: $2,077,439Net Income 2011: -$838,2112011Revenue 2012: $827,696Expenses 2012: $1,977,683Net Income 2012: -$1,149,9872012Revenue 2013: $884,807Expenses 2013: $1,451,839Net Income 2013: -$567,0322013Revenue 2014: $1,051,062Expenses 2014: $1,661,513Net Income 2014: -$610,4512014Revenue 2015: $376,412Expenses 2015: $1,281,838Net Income 2015: -$905,4262015Revenue 2016: $2,589,082Expenses 2016: $792,079Net Income 2016: $1,797,0032016Revenue 2017: $1,993,894Expenses 2017: $216,572Net Income 2017: $1,777,3222017Revenue 2018: $2,920Expenses 2018: $13,672Net Income 2018: -$10,7522018Revenue 2019: $184,164Expenses 2019: $7,822Net Income 2019: $176,3422019

Highlighted filing

2019

Revenue$184,164
Expenses$7,822
Net Income$176,342
Open 2019 Filing

Filings

Most recent year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$184,164
Expenses
$7,822
Net income
$176,342
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.18$0.01$0.18
2018Summary only. Only limited summary data is available for this year.$0.03$0.20$0.18$0.00$0.01$0.01
2017Summary only. Only limited summary data is available for this year.$0.04$0.20$0.17$1.99$0.22$1.78
2016Summary only. Only limited summary data is available for this year.$2.18$4.12$1.94$2.59$0.79$1.80
2015Detailed filing. Detailed filing data is available for this year.$11.7$11.5$0.26$0.38$1.28$0.91
2014Detailed filing. Detailed filing data is available for this year.$12.9$11.8$1.17$1.05$1.66$0.61
2013Detailed filing. Detailed filing data is available for this year.$15.6$12.4$3.20$0.88$1.45$0.57
2012Summary only. Only limited summary data is available for this year.$16.0$11.8$4.20$0.83$1.98$1.15
2011Summary only. Only limited summary data is available for this year.$18.2$12.8$5.35$1.24$2.08$0.84
2010Summary only. Only limited summary data is available for this year.$19.3$13.1$6.19$2.72$2.48$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 3, 2020
Return Version
2019v5.0
Gross Receipts
$184,164
Mission and Program Overview

Mission

To enhance employment opportunities and to promote the economic well-being of fulton county, new york by providing facilities and support services to new businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,488--
Total Assets$27,488$0▼ $27,488
Liabilities
Accounts Payable and Accrued Expenses$203,830--
Total Liabilities$203,830$0▼ $203,830
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-176,342--
Total Net Assets Fund Balance$-176,342$0▲ $176,342
Total Liabilities and Net Assets / Fund Balance$27,488$0▼ $27,488
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Ron OlinskyChair
Jack WilsonDirector
Kent KirchDirector
Jim SelmserTreasurer/se
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$1
Other Revenue
$184,163
Change in Net Assets
$176,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,822
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 Legal-$7,747-$7,747
Fees for Services Other-$75-$75
Total Functional Expenses$0$7,822$0$7,822
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
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, Page 6, Part VI, Line 11B

“The completed form 990 is circulated for review, questions and comments to the board prior to being finalized for filing.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Crossroads Incubator Corporation
EIN
14-1713435
Phone
5187257700
Address
34 WEST FULTON STREET, GLOVERSVILLE, NY 12078

Signing Officer

Name
Ron Olinsky
Title
Chair
Phone
5187628700
Signed
2020-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Olinsky
Formed
1988
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
West & Company Cpas Pc
Address
PO BOX 1219, GLOVERSVILLE, NY 12078-0354
Preparer
Amy M Pedrick
Phone
5187257127
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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/PreparerPersonGrp/PhoneNum05187257127
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY M PEDRICK
ReturnHeader/ReturnTs02020-05-26T13:20:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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