Civic Intelligence

Tenet Nyc Inc.

990 • Fiscal year 2019 • EIN 20-0636695

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 12, 2019

262 West 107th Street No 3BNew York, NY 10025

(646) 470-5809

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

2019 filings • NTEE A68 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • NTEE A68 • <$500k nonprofits • Source year 2019

Net Margin

39th percentile

2.2%

Higher net margin than 39% of similar nonprofits.

2019 filings • NTEE A68 • <$500k nonprofits • Source year 2019

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2019 filings • NTEE A68 • <$500k nonprofits • Source year 2019

Asset Growth

55th percentile

18%

Faster asset growth than 55% of similar nonprofits.

2019 filings • NTEE A68 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

66th percentile

23%

Faster revenue growth than 66% of similar nonprofits.

2019 filings • NTEE A68 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$37,380

Up $5,794 (+18%) from 2018

Net Assets

Up

$37,380

Up $7,444 (+25%) from 2018

Liabilities

Down

$0

Down $1,650 (-100%) from 2018

Revenue

Up

$334,852

Up $61,594 (+23%) from 2018

Expenses

Up

$327,407

Up $56,133 (+21%) from 2018

Net Income

Up

$7,445

Up $5,461 (+275%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $17,327Net Assets 2012: $17,3272012Assets 2013: $26,177Liabilities 2013: $0Net Assets 2013: $26,1772013Assets 2014: $21,552Liabilities 2014: $0Net Assets 2014: $21,5522014Assets 2015: $47,319Liabilities 2015: $0Net Assets 2015: $47,3192015Assets 2016: $49,306Liabilities 2016: $0Net Assets 2016: $49,3062016Assets 2017: $27,952Liabilities 2017: $0Net Assets 2017: $27,9522017Assets 2018: $31,586Liabilities 2018: $1,650Net Assets 2018: $29,9362018Assets 2019: $37,380Liabilities 2019: $0Net Assets 2019: $37,3802019Assets 2020: $58,387Liabilities 2020: $0Net Assets 2020: $58,3872020Assets 2021: $119,426Liabilities 2021: $5,500Net Assets 2021: $113,9262021Assets 2022: $50,068Liabilities 2022: $5,900Net Assets 2022: $44,1682022Assets 2023: $40,471Liabilities 2023: $5,900Net Assets 2023: $34,5712023Assets 2024: $44,460Liabilities 2024: $9,200Net Assets 2024: $35,2602024Assets 2025: $213,492Liabilities 2025: $6,300Net Assets 2025: $207,1922025

Highlighted filing

2019

Assets$37,380
Liabilities$0
Net Assets$37,380

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $156,318Expenses 2012: $151,159Net Income 2012: $5,1592012Expenses 2013: $208,7172013Revenue 2014: $232,193Expenses 2014: $236,818Net Income 2014: -$4,6252014Revenue 2015: $276,476Expenses 2015: $250,709Net Income 2015: $25,7672015Revenue 2016: $213,690Expenses 2016: $211,703Net Income 2016: $1,9872016Revenue 2017: $223,576Expenses 2017: $244,930Net Income 2017: -$21,3542017Revenue 2018: $273,258Expenses 2018: $271,274Net Income 2018: $1,9842018Revenue 2019: $334,852Expenses 2019: $327,407Net Income 2019: $7,4452019Revenue 2020: $472,034Expenses 2020: $451,027Net Income 2020: $21,0072020Revenue 2021: $300,742Expenses 2021: $245,203Net Income 2021: $55,5392021Revenue 2022: $393,609Expenses 2022: $463,367Net Income 2022: -$69,7582022Revenue 2023: $307,282Expenses 2023: $316,879Net Income 2023: -$9,5972023Revenue 2024: $338,812Expenses 2024: $338,123Net Income 2024: $6892024Revenue 2025: $517,744Expenses 2025: $345,681Net Income 2025: $172,0632025

Highlighted filing

2019

Revenue$334,852
Expenses$327,407
Net Income$7,445
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$334,852
Mission and Program Overview

Mission

To provide opportunity for the public to hear early music repertoire tenet performs 4-5 public concerts a season in new york city

Tenet entertains, informs, and inspires with public performances of early music repertoire.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,586$37,380▲ $5,794
Total Assets$31,586$37,380▲ $5,794
Liabilities
Accounts Payable and Accrued Expenses$1,650$0▼ $1,650
Total Liabilities$1,650$0▼ $1,650
Net Assets / Fund Balance
Unrestricted Net Assets$29,936$37,380▲ $7,444
Total Net Assets Fund Balance$29,936$37,380▲ $7,444
Total Liabilities and Net Assets / Fund Balance$31,586$37,380▲ $5,794
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sylvia BaberPresident
Arthur S LeonardDirector
Hubert LemDirector
Nevin BrownDirector
Peter HellmanDirector
Sharon MooreSecretary
Maura FitzpatrickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$174,299
Program Service Revenue
$158,508
Investment Income
$0
Other Revenue
$2,045
All Other Contributions
$144,319
Change in Net Assets
$7,445

Audited Revenue Reconciliation

Revenue per Audited Statements
$334,852
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$334,852
Total Revenue per Form 990
$334,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,612
Professional Fundraising Fees$1,795
Total Fundraising Expense$1,795
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$236,896$21,151-$258,047
Travel$19,528--$19,528
Occupancy$10,355--$10,355
Fees for Services Accounting-$8,640-$8,640
Advertising$8,277--$8,277
Insurance-$2,788-$2,788
Office Expenses-$1,807-$1,807
Fees for Services Professional Fundraising--$1,795$1,795
Other Expenses$4,292$814-$814
All Other Expenses-$729-$729
Information Technology$489--$489
Total Functional Expenses$288,687$36,925$1,795$327,407

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$327,407
Total Expenses per Audited Statements$327,407
Total Expenses per Form 990$327,407
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$1,795
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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, Section B, Line 11B

Copies of form 990 are distributed to each board members for their review and authorization before filing with the irs.

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

Policy was adopted at the board meeting. Every year board members are encouraged to disclose any conflict of interest and reminded that the policy is in effect.

Form 990, Part VI, Section C, Line 19

The documents are available at the corporate office upon request.

Filing and Contact Details

Filer

Filer Name
Tenet Nyc Inc
EIN
20-0636695
Phone
6464705809
Address
262 WEST 107TH STREET NO 3B, NEW YORK, NY 10025

Signing Officer

Name
Maura Fitzpatrick
Title
Treasurer
Phone
2122224066
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Maura Fitzpatrick
Formed
2004
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
8

Preparer

Firm
Ncheng Llp
Address
40 WALL STREET 32ND FLOOR, NEW YORK, NY 10005
Preparer
Alwayne Burke CPA
Phone
2127850100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Artists and performers: program service expenses 225,340. Management and general expenses 0. Fundraising expenses 0. Total expenses 225,340. Equipment rental: program service expenses 4,657. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,657. Graphic designer: program service expenses 0. Management and general expenses 1,109. Fundraising expenses 0. Total expenses 1,109. Photographers: program service expenses 3,448. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,448. Foh manager: program service expenses 1,150. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,150. Website designer: program service expenses 0. Management and general expenses 2,420. Fundraising expenses 0. Total expenses 2,420. Admin assistance: program service expenses 0. Management and general expenses 17,622. Fundraising expenses 0. Total expenses 17,622. Scores: program service expenses 61. Management and general expenses 0. Fundraising expenses 0. Total expenses 61. Per diem: program service expenses 2,240. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,240.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES OF FORM 990 ARE DISTRIBUTED TO EACH BOARD MEMBERS FOR THEIR REVIEW AND AUTHORIZATION BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POLICY WAS ADOPTED AT THE BOARD MEETING. EVERY YEAR BOARD MEMBERS ARE ENCOURAGED TO DISCLOSE ANY CONFLICT OF INTEREST AND REMINDED THAT THE POLICY IS IN EFFECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE AT THE CORPORATE OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARTISTS AND PERFORMERS: PROGRAM SERVICE EXPENSES 225,340. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,340. EQUIPMENT RENTAL: PROGRAM SERVICE EXPENSES 4,657. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,657. GRAPHIC DESIGNER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,109. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,109. PHOTOGRAPHERS: PROGRAM SERVICE EXPENSES 3,448. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,448. FOH MANAGER: PROGRAM SERVICE EXPENSES 1,150. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,150. WEBSITE DESIGNER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,420. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,420. ADMIN ASSISTANCE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 17,622. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,622. SCORES: PROGRAM SERVICE EXPENSES 61. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61. PER DIEM: PROGRAM SERVICE EXPENSES 2,240. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,240.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt031586
IRS990/TotalAssetsEOYAmt037380
IRS990/TotalAssetsGrp/BOYAmt031586
IRS990/TotalAssetsGrp/EOYAmt037380
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0174299
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01795
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt036925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288687
IRS990/TotalFunctionalExpensesGrp/TotalAmt0327407
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01650
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt01650
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt029936
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt037380
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0288687
IRS990/TotalProgramServiceRevenueAmt0158508
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0160553
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0334852
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt031586
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt037380
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt019528
IRS990/TravelGrp/TotalAmt019528
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt029936
IRS990/UnrestrictedNetAssetsGrp/EOYAmt037380
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0262 WEST 107TH STREET NO 3B
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010025
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.TENET.NYC
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAURA FITZPATRICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02122224066
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TENET NYC INC
ReturnHeader/Filer/BusinessNameControlTxt0TENE
ReturnHeader/Filer/EIN0200636695
ReturnHeader/Filer/PhoneNum06464705809
ReturnHeader/Filer/USAddress/AddressLine1Txt0262 WEST 107TH STREET NO 3B
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010025
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A1B4EC47EFF4E00FBD6516C6A8554FF1F6CE1C85
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A1B4EC47EFF4E00FBD6516C6A8554FF1F6CE1C85
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.206.80.74
ReturnHeader/FilingSecurityInformation/IPDt02019-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:20:10
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810926770
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NCHENG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt040 WALL STREET 32ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010005
ReturnHeader/PreparerPersonGrp/PhoneNum02127850100
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALWAYNE BURKE CPA
ReturnHeader/ReturnTs02019-11-14T10:48:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.06$2.07$5.18$3.46$1.72
2024Detailed filing. Detailed filing data is available for this year.$0.44$0.09$0.35$3.39$3.38$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.06$0.35$3.07$3.17$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.06$0.44$3.94$4.63$0.70
2021Detailed filing. Detailed filing data is available for this year.$1.19$0.06$1.14$3.01$2.45$0.56
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$4.72$4.51$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.00$0.37$3.35$3.27$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.30$2.73$2.71$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$2.24$2.45$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$2.14$2.12$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$2.76$2.51$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$2.32$2.37$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$2.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.17$1.56$1.51$0.05