Civic Intelligence

Why Tuesday Inc.

990 • Fiscal year 2015 • EIN 20-3868119

Oct 01, 2014 to Sep 30, 2015 • Filed on Aug 04, 2016

Organization ProfileWWW.WHYTUESDAY.ORG
C/O Wachtel Missry Llp 885 2nd AveNew York, NY 10017-2201

(866) 526-2877

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.00x

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

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

Liabilities / Revenue

43rd percentile

0.00x

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

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

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

56th percentile

$0

Higher top officer pay than 56% of similar nonprofits.

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

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

Asset Growth

3rd percentile

-92%

Faster asset growth than 3% of similar nonprofits.

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

Revenue Growth

91st percentile

124%

Faster revenue growth than 91% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Down

$1,938

Down $23,103 (-92%) from 2014

Net Assets

Down

$1,938

Down $23,103 (-92%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin17th percentile

Revenue

Up

$184,000

Up $102,000 (+124%) from 2014

Expenses

Up

$207,103

Up $124,855 (+152%) from 2014

Net Income

Down

-$23,103

Down $22,855 (-9216%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $43,742Liabilities 2011: $0Net Assets 2011: $43,7422011Assets 2012: $26,733Liabilities 2012: $0Net Assets 2012: $26,7332012Assets 2013: $26,733Liabilities 2013: $0Net Assets 2013: $26,7332013Assets 2014: $25,041Liabilities 2014: $0Net Assets 2014: $25,0412014Assets 2015: $1,938Liabilities 2015: $0Net Assets 2015: $1,9382015Assets 2016: $169,818Liabilities 2016: $0Net Assets 2016: $169,8182016Assets 2017: $169,318Liabilities 2017: $0Net Assets 2017: $169,3182017Assets 2018: $116,818Liabilities 2018: $0Net Assets 2018: $116,8182018Assets 2019: $100,712Liabilities 2019: $0Net Assets 2019: $100,7122019Assets 2020: $99,712Liabilities 2020: $0Net Assets 2020: $99,7122020Assets 2021: $99,712Liabilities 2021: $0Net Assets 2021: $99,7122021Assets 2022: $915,934Liabilities 2022: $0Net Assets 2022: $915,9342022Assets 2023: $1,154,454Liabilities 2023: $180,0002023

Highlighted filing

2015

Assets$1,938
Liabilities$0
Net Assets$1,938
Open 2015 Filing

Operations Trend

Revenue Growth91st percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $25,048Expenses 2011: $2,431Net Income 2011: $22,6172011Revenue 2012: $47,524Expenses 2012: $64,533Net Income 2012: -$17,0092012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $82,000Expenses 2014: $82,248Net Income 2014: -$2482014Revenue 2015: $184,000Expenses 2015: $207,103Net Income 2015: -$23,1032015Revenue 2016: $169,000Expenses 2016: $1,120Net Income 2016: $167,8802016Revenue 2017: $2,000Expenses 2017: $2,500Net Income 2017: -$5002017Revenue 2018: $60,000Expenses 2018: $112,500Net Income 2018: -$52,5002018Revenue 2019: $206Expenses 2019: $16,312Net Income 2019: -$16,1062019Revenue 2020: $0Expenses 2020: $1,000Net Income 2020: -$1,0002020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $1,069,830Expenses 2022: $611Net Income 2022: $1,069,2192022Revenue 2023: $13,108Expenses 2023: $182,494Net Income 2023: -$169,3862023

Highlighted filing

2015

Revenue$184,000
Expenses$207,103
Net Income-$23,103
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Aug 4, 2016
Return Version
2014v6.0
Gross Receipts
$184,000
Mission and Program Overview

Mission

To set out to raise awareness about america's low voter turnout and provide a platform for national dialogue about the current voting system, problems with our current voting system, and solutions that can directly improve the voting process, increase registration and drive turnout.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$25,289$25,289→ $0
Cash and Non-Interest-Bearing Accounts$25,041$1,938▼ $23,103
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-248$-23,351▼ $23,103
Total Assets$25,041$1,938▼ $23,103
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$25,041$1,938▼ $23,103
Total Liabilities and Net Assets / Fund Balance$25,041$1,938▼ $23,103
Compensation and Service Providers
Top Officer Pay56th percentile

Board Members and Trustees

NameTitle
Andrew YoungChairman of the Board
Martin Luther King IiiPresident
William B WachtelPresident
Jacob SoboroffDirector
Norman J OrnsteinDirector
Andrea Batista SchlesingerAdvisor
Andrew RasiejAdvisor
Andrew Young IiiAdvisor
Barnett ZitronAdvisor
Gideon YagoAdvisor
Harold KaplanAdvisor
Jake BrewerAdvisor
James CarmichaelAdvisor
James ForbesAdvisor
Jeff BermanAdvisor
Jim BraytonAdvisor
Joe TrippiAdvisor
John BonifazAdvisor
Kenneth B MehlmanAdvisor
Lee BrennerAdvisor
Leo Hindery JrAdvisor
Liba RubensteinAdvisor
Madeline WachtelAdvisor
Marc MorgensternAdvisor
Mark MecklerAdvisor
Meghan MccainAdvisor
Michael SkolnikAdvisor
Nicco MeleAdvisor
Sara TaylorAdvisor
Sean TregliaAdvisor
Steve GroveAdvisor
Steve SugermanAdvisor
Steven M PesnerAdvisor
Tim CullenAdvisor
Tova Andrea WangAdvisor
Wendy CohenAdvisor
Mimi MarzianiOperations
Thomas RossmeissiStrategy
Revenue and Support

Revenue Composition

Contributions and Grants
$184,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$184,000
Change in Net Assets
$-23,103
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,103
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
Conferences and Meetings$180,514--$180,514
Fees for Services Legal-$26,589-$26,589
Total Functional Expenses$180,514$26,589$0$207,103
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
Annual disclosure for covered persons
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 A, Line 2

“Form 990, part vi, section a, line 2: one of the foundation's officers, andrew young (chairman), is related to one of the advisors, andrew young iii. One of the foundation's officers, thomas rossmeissl (strategy) has a business relationship with joe trippi (advisor). Madeline wachtel (advisor) is related to the president and co-founder, william b. Wachtel.”

Form 990, Part VI, Section B, Line 11

“Form 990, part vi, section b, line 11a: prior to filing, a draft of the form 990 is presented to the board of directors”

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

“Per the written policy, the issue is brought up annually at a meeting of the board of directors, the results of which are noted in the minutes to the meeting. Also, each board member and officer annually signs a statement affirming that such person: 1- has received a copy of the conflicts of interest policy 2- has read and understands the policy 3- has agreed to comply with the policy, and 4- understands the corporation is charitable and in order to maintain its federal tax exemption must engage primarily in activities that accomplish one or more of its tax-exempt purposes”

Form 990, Part VI, Section C, Line 19

“Form 990, part vi, section c, line 19: form 990; governing documents, conflict of interest policy and financial statements are made available upon request from the foundation's presidents, william wachtel and martin luther king iii. Certain forms are also available on the federal charities website.”

Filing and Contact Details

Filer

Filer Name
Why Tuesday Inc
EIN
20-3868119
Phone
8665262877
Address
C/O WACHTEL MISSRY LLP 885 2ND AVE, NEW YORK, NY 10017-2201

Signing Officer

Name
William Wachtel
Title
President
Phone
8665262877
Signed
2016-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Wachtel
Formed
2005
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Nussbaum Yates Berg Klein & Wolpow Llp
Address
445 BROAD HOLLOW RD STE 319, MELVILLE, NY 11747
Preparer
Dennis R Klein CPA
Phone
6318455252
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt6STRATEGY
IRS990/Form990PartVIISectionAGrp/TitleTxt7ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27ADVISOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt29ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36ADVISOR
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IRS990/MissionDesc0TO SET OUT TO RAISE AWARENESS ABOUT AMERICA'S LOW VOTER TURNOUT AND PROVIDE A PLATFORM FOR NATIONAL DIALOGUE ABOUT THE CURRENT VOTING SYSTEM, PROBLEMS WITH OUR CURRENT VOTING SYSTEM, AND SOLUTIONS THAT CAN DIRECTLY IMPROVE THE VOTING PROCESS, INCREASE REGISTRATION AND DRIVE TURNOUT.
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IRS990/PrincipalOfficerNm0WILLIAM WACHTEL
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,938
Liabilities
$0
Net assets
$1,938
Revenue
$184,000
Expenses
$207,103
Net income
-$23,103
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.15$0.18$0.01$0.18$0.17
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$1.07$0.00$1.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.00$0.00$0.00
2020Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.00$0.00$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.00$0.02$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.06$0.11$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$0.17$0.00$0.17
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.18$0.21$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.08$0.08$0.00
2013Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.00$0.00$0.00
2012Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.05$0.06$0.02
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.03$0.00$0.02