Civic Intelligence

The Sansone Foundation Inc

990 • Fiscal year 2014 • EIN 23-7082544

Jan 01, 2014 to Dec 31, 2014 • Filed on May 05, 2015

5816 13th AVEBrooklyn, NY 11219

(718) 436-7270

Siviq Scores

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

Liabilities / Assets

75th percentile

0.18x

Higher debt load relative to assets than 75% of similar nonprofits.

2014 filings • NTEE F • <$500k nonprofits • Source year 2014

Liabilities / Revenue

87th percentile

0.34x

Higher debt load relative to revenue than 87% of similar nonprofits.

2014 filings • NTEE F • <$500k nonprofits • Source year 2014

Net Margin

5th percentile

-157%

Higher net margin than 5% of similar nonprofits.

2014 filings • NTEE F • <$500k nonprofits • Source year 2014

Top Officer Pay

64th percentile

$0

Higher top officer pay than 64% of similar nonprofits.

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

2014 filings • NTEE F • <$500k nonprofits • Source year 2014

Asset Growth

5th percentile

-49%

Faster asset growth than 5% of similar nonprofits.

2014 filings • NTEE F • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

13th percentile

-27%

Faster revenue growth than 13% of similar nonprofits.

2014 filings • NTEE F • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$160,913

Down $156,798 (-49%) from 2013

Net Assets

Down

$131,240

Down $138,361 (-51%) from 2013

Liabilities

Down

$29,673

Down $18,437 (-38%) from 2013

Revenue

Down

$88,159

Down $32,434 (-27%) from 2013

Expenses

Up

$226,520

Up $36,082 (+19%) from 2013

Net Income

Down

-$138,361

Down $68,516 (-98%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $424,427Liabilities 2010: $2,093Net Assets 2010: $422,3342010Assets 2011: $407,119Liabilities 2011: $2,328Net Assets 2011: $404,7912011Assets 2012: $345,724Liabilities 2012: $6,278Net Assets 2012: $339,4462012Assets 2013: $317,711Liabilities 2013: $48,110Net Assets 2013: $269,6012013Assets 2014: $160,913Liabilities 2014: $29,673Net Assets 2014: $131,2402014Assets 2016: $310,562Liabilities 2016: $28,805Net Assets 2016: $281,7572016Assets 2017: $376,522Liabilities 2017: $7,793Net Assets 2017: $368,7292017Assets 2018: $357,499Liabilities 2018: $1,814Net Assets 2018: $355,6852018Assets 2019: $365,752Liabilities 2019: $53,750Net Assets 2019: $312,0022019Assets 2020: $330,193Liabilities 2020: $52,250Net Assets 2020: $277,9432020Assets 2021: $303,103Liabilities 2021: $54,500Net Assets 2021: $248,6032021Assets 2022: $264,414Liabilities 2022: $52,250Net Assets 2022: $212,1642022Assets 2023: $531,535Liabilities 2023: $5,500Net Assets 2023: $526,0352023Assets 2024: $426,352Liabilities 2024: $4,000Net Assets 2024: $422,3522024

Highlighted filing

2014

Assets$160,913
Liabilities$29,673
Net Assets$131,240

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $137,0772010Expenses 2011: $149,5442011Expenses 2012: $124,6382012Revenue 2013: $120,593Expenses 2013: $190,438Net Income 2013: -$69,8452013Revenue 2014: $88,159Expenses 2014: $226,520Net Income 2014: -$138,3612014Revenue 2016: $354,291Expenses 2016: $310,843Net Income 2016: $43,4482016Revenue 2017: $382,440Expenses 2017: $295,468Net Income 2017: $86,9722017Revenue 2018: $141,269Expenses 2018: $154,313Net Income 2018: -$13,0442018Revenue 2019: $2,187Expenses 2019: $45,870Net Income 2019: -$43,6832019Revenue 2020: $72Expenses 2020: $34,131Net Income 2020: -$34,0592020Revenue 2021: $121Expenses 2021: $29,461Net Income 2021: -$29,3402021Revenue 2022: $10Expenses 2022: $36,449Net Income 2022: -$36,4392022Revenue 2023: $979,471Expenses 2023: $665,600Net Income 2023: $313,8712023Revenue 2024: $17,565Expenses 2024: $121,248Net Income 2024: -$103,6832024

Highlighted filing

2014

Revenue$88,159
Expenses$226,520
Net Income-$138,361
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 5, 2015
Return Version
2014v5.0
Gross Receipts
$112,473
Mission and Program Overview

Mission

To develop a loving, caring and

To promote cross-cultural understanding, improve and enhance relations among different ethnic and racial groups within new york city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$99,893--
Land, Buildings, and Equipment, Net$91,991$84,071▼ $7,920
Cash and Non-Interest-Bearing Accounts$125,827$76,842▼ $48,985
Total Assets$317,711$160,913▼ $156,798
Liabilities
Other Liabilities$26,321$23,884▼ $2,437
Accounts Payable and Accrued Expenses$21,789$5,789▼ $16,000
Total Liabilities$48,110$29,673▼ $18,437
Net Assets / Fund Balance
Unrestricted Net Assets$269,601$131,240▼ $138,361
Total Net Assets Fund Balance$269,601$131,240▼ $138,361
Total Liabilities and Net Assets / Fund Balance$317,711$160,913▼ $156,798

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$14,023$8,881-
Equipment-$5,193-
Leasehold Improvements$70,048$4,463-
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$76,653
Program Service Revenue
$35,703
Investment Income
$117
Other Revenue
$-24,314
All Other Contributions
$38,533
Change in Net Assets
$-138,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$140,718
Other Expenses$85,802
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,242$75,036$0$130,278
All Other Expenses$17,068$7,003$0$24,071
Insurance$6,809$7,269$0$14,078
Payroll Taxes$0$10,440$0$10,440
Office Expenses$4,609$4,424$0$9,033
Depreciation Depletion$0$7,920$0$7,920
Other Expenses$2,747$3,953$0$6,700
Fees for Services Accounting$0$2,000$0$2,000
Conferences and Meetings$0$1,200$0$1,200
Advertising$127$0$0$127
Travel$0$125$0$125
Total Functional Expenses$99,352$127,168$0$226,520
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$24,314
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$30,150$30,150-$30,150
Total Events$30,150$30,150$19,617$10,533
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan - Ralph Sansone Foundation$12,332
Payroll Liability$11,552
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
Filing and Contact Details

Filer

Filer Name
Ciao-cure Inc
EIN
23-7082544
Phone
7184367270
Address
5816 13th AVE, BROOKLYN, NY 11219

Signing Officer

Name
Mary Sansone
Title
Director
Phone
7184367270
Signed
2015-05-05

Organization Details

Formed
1976
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
6
Volunteers
10

Preparer

Firm
Carotenuto & Yanover Business Service
Address
294 WEST MERRICK ROAD ST12, FREEPORT, NY 11520-4336
Preparer
Vincent Carotenuto
Phone
5163783355
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Copy of form 990 is provided to organization day before e-filing

Pt VI, Line 12C

Record of meetings is kept

Form 990, Part IX, Line 24F

Telephone 1651. 179. 1472. 0. Donations 600. 0. 600. 0. Gifts & flowers 329. 0. 329. 0. Bank fees 213. 8. 205. 0. Credit card fees 601. 0. 601. 0. Equipment lease 1542. 0. 1542. 0. Filing fee 110. 0. 110. 0. Awards/prizes 1620. 0. 1620. 0. Delivery & messenger 524. 0. 524. 0. Supplies & books 1606. 1606. 0. 0. Food & snacks 2100. 2100. 0. 0. Background check 345. 345. 0. 0. License & permits 2830. 2830. 0. 0. Scholarships 10000. 10000. 0. 0.

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IRS990/OtherExpensesGrp/TotalAmt13009
IRS990/OtherExpensesGrp/TotalAmt28039
IRS990/OtherExpensesGrp/TotalAmt36700
IRS990/OtherLiabilitiesGrp/BOYAmt026321
IRS990/OtherLiabilitiesGrp/EOYAmt023884
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt075036
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt055242
IRS990/OtherSalariesAndWagesGrp/TotalAmt0130278
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010440
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt010440
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0MARY SANSONE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0000000
IRS990/ProgramServiceRevenueGrp/BusinessCd1000000
IRS990/ProgramServiceRevenueGrp/Desc0DAY CARE
IRS990/ProgramServiceRevenueGrp/Desc1SCHOLARSHIP
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt031003
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14700
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTING OF SCHOLARSHIPS TO VARIOUS EDUCATIONAL INSTITUTIONS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt04700
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt098240
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0350
IRS990/PYOtherExpensesAmt084623
IRS990/PYOtherRevenueAmt0-12697
IRS990/PYProgramServiceRevenueAmt034700
IRS990/PYRevenuesLessExpensesAmt0-69845
IRS990/PYSalariesCompEmpBnftPaidAmt0105815
IRS990/PYTotalExpensesAmt0190438
IRS990/PYTotalRevenueAmt0120593
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-138361
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt031003
IRS990/SavingsAndTempCashInvstGrp/BOYAmt099893
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt063322
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0100793
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt027466
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt027065
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021700
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0240346
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0117
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0349
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0641
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01846
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03904
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06857
IRS990ScheduleA/InvestmentIncomeCYPct00.02770
IRS990ScheduleA/InvestmentIncomePYPct00.06980
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt0117
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt0349
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt0641
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt01846
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt03904
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt06857
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.97230
IRS990ScheduleA/PublicSupportPY509Pct00.93020
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0240346
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt063322
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0100793
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt027466
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt027065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt021700
IRS990ScheduleA/Total509Grp/TotalAmt0240346
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0247203
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05193
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05193
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt070048
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04463
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt074511
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014023
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08881
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt022904
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112332
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN - RALPH SANSONE FOUNDATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt084071
IRS990ScheduleD/TotalLiabilityAmt023884
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019617
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030150
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt030150
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030150
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt030150
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010533
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt019617
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt019617
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY OF FORM 990 IS PROVIDED TO ORGANIZATION DAY BEFORE E-FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RECORD OF MEETINGS IS KEPT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TELEPHONE 1651. 179. 1472. 0. DONATIONS 600. 0. 600. 0. GIFTS & FLOWERS 329. 0. 329. 0. BANK FEES 213. 8. 205. 0. CREDIT CARD FEES 601. 0. 601. 0. EQUIPMENT LEASE 1542. 0. 1542. 0. FILING FEE 110. 0. 110. 0. AWARDS/PRIZES 1620. 0. 1620. 0. DELIVERY & MESSENGER 524. 0. 524. 0. SUPPLIES & BOOKS 1606. 1606. 0. 0. FOOD & SNACKS 2100. 2100. 0. 0. BACKGROUND CHECK 345. 345. 0. 0. LICENSE & PERMITS 2830. 2830. 0. 0. SCHOLARSHIPS 10000. 10000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0317711

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$0.04$4.22$0.18$1.21$1.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.32$0.06$5.26$9.79$6.66$3.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.52$2.12$0.00$0.36$0.36
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.03$0.55$2.49$0.00$0.29$0.29
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.30$0.52$2.78$0.00$0.34$0.34
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.66$0.54$3.12$0.02$0.46$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.57$0.02$3.56$1.41$1.54$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$0.08$3.69$3.82$2.95$0.87
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.29$2.82$3.54$3.11$0.43
2014Detailed filing. Detailed filing data is available for this year.$1.61$0.30$1.31$0.88$2.27$1.38
2013Detailed filing. Detailed filing data is available for this year.$3.18$0.48$2.70$1.21$1.90$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.46$0.06$3.39$1.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.07$0.02$4.05$1.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.02$4.22$1.37