Civic Intelligence

Infinitu Foundation Inc

990EZ • Fiscal year 2014 • EIN 20-2304712

Jan 01, 2014 to Dec 31, 2014 • Filed on Sep 21, 2015

C/O Ertegun 121 E 81st StreetNew York, NY 10028

(212) 288-7771

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

53rd percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

7th percentile

-54%

Higher net margin than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

35th percentile

-4.7%

Faster asset growth than 35% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

47th percentile

0.0%

Faster revenue growth than 47% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$8,148

Down $406 (-4.7%) from 2013

Net Assets

Down

$8,148

Down $406 (-4.7%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Flat

$750

Flat from 2013

Expenses

Up

$1,156

Up $173 (+18%) from 2013

Net Income

Down

-$406

Down $173 (-74%) from 2013

Historical Trend

Balance Sheet Trend

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

$10K$5.0K$0Assets 2011: $9,020Liabilities 2011: $0Net Assets 2011: $9,0202011Assets 2012: $8,787Liabilities 2012: $0Net Assets 2012: $8,7872012Assets 2013: $8,554Liabilities 2013: $0Net Assets 2013: $8,5542013Assets 2014: $8,148Liabilities 2014: $0Net Assets 2014: $8,1482014Assets 2015: $7,485Liabilities 2015: $0Net Assets 2015: $7,4852015Assets 2016: $6,822Liabilities 2016: $0Net Assets 2016: $6,8222016Assets 2017: $6,127Liabilities 2017: $0Net Assets 2017: $6,1272017Assets 2018: $5,432Liabilities 2018: $0Net Assets 2018: $5,4322018Assets 2019: $4,768Liabilities 2019: $0Net Assets 2019: $4,7682019Assets 2020: $4,054Liabilities 2020: $0Net Assets 2020: $4,0542020Assets 2021: $3,331Liabilities 2021: $0Net Assets 2021: $3,3312021Assets 2022: $2,608Liabilities 2022: $0Net Assets 2022: $2,6082022Assets 2023: $1,872Liabilities 2023: $0Net Assets 2023: $1,8722023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2014

Assets$8,148
Liabilities$0
Net Assets$8,148

Operations Trend

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

$2.0K$1.0K$0-$1.0KRevenue 2011: $1,800Expenses 2011: $1,800Net Income 2011: $02011Revenue 2012: $1,000Expenses 2012: $1,233Net Income 2012: -$2332012Revenue 2013: $750Expenses 2013: $983Net Income 2013: -$2332013Revenue 2014: $750Expenses 2014: $1,156Net Income 2014: -$4062014Revenue 2015: $500Expenses 2015: $1,163Net Income 2015: -$6632015Expenses 2016: $6632016Expenses 2017: $6952017Expenses 2018: $6952018Expenses 2019: $6642019Expenses 2020: $7142020Expenses 2021: $7232021Expenses 2022: $7232022Expenses 2023: $7362023Expenses 2024: $1,8722024

Highlighted filing

2014

Revenue$750
Expenses$1,156
Net Income-$406
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Sep 21, 2015
Return Version
2014v5.0
Gross Receipts
$750
Mission and Program Overview

Mission

To increase awareness of the romanian artistic and cultrual legacy.to promote the development of the cultural heritage of romanian artistic treasures, landmark sites, and artists through restoration and education in order to preserve those works and ensure accessibility.to make grants contributions or gifts or otherwise provide assistance absolutely or upon conditions as the board of directors may deem proper, in pursuit or furtherance of any or all of the foregoing purposes, in such manner (including without limitation the direct provision of grants or other assistance to indviduals) as is permissable of an organization that qualifies as an exempt organization under section 501(c)(3) of the internal revenue code.

Program Services

DescriptionGrantsExpenses
NONE$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
IOANA MARIA ERTEGUNPresident-$0--
MIHAI RADUVice-President-$0--
LINDA J WACHNERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Infinitu Foundation Inc
EIN
20-2304712
Phone
2122887771
Address
C/O ERTEGUN 121 E 81ST STREET, NEW YORK, NY 10028

Signing Officer

Name
Ioana M Ertegun
Title
President
Phone
2122887771
Signed
2015-09-21
Discuss with paid preparer
Yes

Preparer

Firm
Mlgw Llp
Address
462 SEVENTH AVENUE 22ND FLOOR, NEW YORK, NY 10018
Preparer
Lester C Weingarten
Phone
2123026000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank service charges. Amount: 406.

Raw XML Appendix140 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MLGW LLP
IRS990EZ/BooksInCareOfDetail/PhoneNum02123026000
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0462 SEVENTH AVENUE 22ND FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0100187606
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08554
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0406
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO INCREASE AWARENESS OF THE ROMANIAN ARTISTIC AND CULTRUAL LEGACY.TO PROMOTE THE DEVELOPMENT OF THE CULTURAL HERITAGE OF ROMANIAN ARTISTIC TREASURES, LANDMARK SITES, AND ARTISTS THROUGH RESTORATION AND EDUCATION IN ORDER TO PRESERVE THOSE WORKS AND ENSURE ACCESSIBILITY.TO MAKE GRANTS CONTRIBUTIONS OR GIFTS OR OTHERWISE PROVIDE ASSISTANCE ABSOLUTELY OR UPON CONDITIONS AS THE BOARD OF DIRECTORS MAY DEEM PROPER, IN PURSUIT OR FURTHERANCE OF ANY OR ALL OF THE FOREGOING PURPOSES, IN SUCH MANNER (INCLUDING WITHOUT LIMITATION THE DIRECT PROVISION OF GRANTS OR OTHER ASSISTANCE TO INDVIDUALS) AS IS PERMISSABLE OF AN ORGANIZATION THAT QUALIFIES AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
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IRS990EZ/TotalExpensesAmt01156
IRS990EZ/TotalRevenueAmt0750
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01000
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05835
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05835
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0750
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01535
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0750
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01535
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05835
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 406.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IOANA M ERTEGUN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02122887771
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INFINITU FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0INFI
ReturnHeader/Filer/EIN0202304712
ReturnHeader/Filer/PhoneNum02122887771
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O ERTEGUN 121 E 81ST STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010028
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271255751
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0462 SEVENTH AVENUE 22ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02123026000
ReturnHeader/PreparerPersonGrp/PreparationDt02015-09-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LESTER C WEINGARTEN
ReturnHeader/ReturnTs02015-10-06T10:17:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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Filings