Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Chelsea Associates Inc
EIN 23-7098603 • 501(c)3 • New York, NY
Profile
Non-profit literary magazine
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
73rd percentile
Higher net margin than 73% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 12.6% of source-year revenue.
Asset Growth
68th percentile
Faster asset growth than 68% of similar nonprofits.
Revenue Growth
35th percentile
Faster revenue growth than 35% of similar nonprofits.
Balance Sheet
Assets
Up$167,035
Up $15,376 (+10%) from 2018
Liabilities
Flat$0
Flat from 2018
Net Assets
Up$167,035
Up $15,376 (+10%) from 2018
Revenue
Down$84,073
Down $14,842 (-15%) from 2018
Expenses
Down$68,697
Down $5,952 (-8.0%) from 2018
Net Income
Down$15,376
Down $8,890 (-37%) from 2018
Trend Graphs
Filings
Most recent year
2019 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $167,035
- Liabilities
- $0
- Net assets
- $167,035
- Revenue
- $84,073
- Expenses
- $68,697
- Net income
- $15,376
Latest Detailed Filing
The latest 2019 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2018 below.
Jump To
Filing Snapshot
- Filing Period
- May 1, 2017 to Apr 30, 2018
- Signed
- Sep 8, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $98,915
Mission and Program Overview
Mission
Non-profit literary magazine
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION PUBLISHES BOOKS OF SELECTED POETRY OF FRENCH AND ITALIAN WRITERS TRANSLATED INTO ENGLISH. IT HAS BEEN PUBLISHING BOOKS SINCE 2003. | $0 | $74,749 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ALFREDO DE PALCHI | President | FT | $12,500 | - | $12,500 |
| RITA DI PACE | VP, Secretary/Treasurer | PT | $2,000 | - | $2,000 |
| MICHAEL PALMA | Officer | - | $0 | - | - |
| CHARLES MARTIN | Officer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Chelsea Associates Inc
- EIN
- 23-7098603
- Phone
- 2129893083
- Address
- PO BOX 125 COOPER STATION, NEW YORK, NY 10276-0125
Signing Officer
- Name
- Alfredo De Palchi
- Title
- President
- Phone
- 2129893083
- Signed
- 2018-09-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Marc R Weissberg CPA
- Address
- 534 BROAD HOLLOW ROAD - SUITE 410, MELVILLE, NY 11747
- Preparer
- Marc R Weissbergcpa
- Phone
- 6314541783
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: information technology. Amount: 3,000. Description: conferences/meetings. Amount: 1,310. Description: bank fees. Amount: 180. Description: office expenses. Amount: 3,199. Description: design services. Amount: 12,400. Description: telephone & internet. Amount: 3,058. Description: nys annual report fee. Amount: 75. Description: translation services. Amount: 4,402. Description: typesetting. Amount: 7,200. Description: editor & copy editing. Amount: 1,414. Description: publisher. Amount: 2,467. Description: depreciation. Amount: 466. Total to form 990-ez, line 16: 39,171.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: other depreciable assets. Beg. Of year amount: 957. End of year amount: 491.”
Raw XML Appendix154 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ALFREDO DE PALCHI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2129893083 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 125 COOPER STATION |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 102760125 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 126436 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 151168 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 98150 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 24266 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3200 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 127393 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 151659 |
| IRS990EZ/GrossReceiptsAmt | 0 | 98915 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 127393 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 151659 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 127393 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 151659 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 12500 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 2000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ALFREDO DE PALCHI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RITA DI PACE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MICHAEL PALMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CHARLES MARTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VP, SECRETARY/TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | OFFICER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 957 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 491 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39171 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | NON-PROFIT LITERARY MAGAZINE |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 17778 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 765 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION PUBLISHES BOOKS OF SELECTED POETRY OF FRENCH AND ITALIAN WRITERS TRANSLATED INTO ENGLISH. IT HAS BEEN PUBLISHING BOOKS SINCE 2003. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 74749 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 14500 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 74649 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 74749 |
| IRS990EZ/TotalRevenueAmt | 0 | 98915 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/CommunityTrustInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 98150 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 98000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 98000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 98068 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 98000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 490218 |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.51980 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.51990 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 254804 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 235414 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 98150 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 98000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 98000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 98068 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 98000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 490218 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 490218 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 3,000. DESCRIPTION: CONFERENCES/MEETINGS. AMOUNT: 1,310. DESCRIPTION: BANK FEES. AMOUNT: 180. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,199. DESCRIPTION: DESIGN SERVICES. AMOUNT: 12,400. DESCRIPTION: TELEPHONE & INTERNET. AMOUNT: 3,058. DESCRIPTION: NYS ANNUAL REPORT FEE. AMOUNT: 75. DESCRIPTION: TRANSLATION SERVICES. AMOUNT: 4,402. DESCRIPTION: TYPESETTING. AMOUNT: 7,200. DESCRIPTION: EDITOR & COPY EDITING. AMOUNT: 1,414. DESCRIPTION: PUBLISHER. AMOUNT: 2,467. DESCRIPTION: DEPRECIATION. AMOUNT: 466. TOTAL TO FORM 990-EZ, LINE 16: 39,171. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 957. END OF YEAR AMOUNT: 491. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ALFREDO DE PALCHI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2129893083 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-09-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHELSEA ASSOCIATES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHEL |
| ReturnHeader/Filer/EIN | 0 | 237098603 |
| ReturnHeader/Filer/PhoneNum | 0 | 2129893083 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 125 COOPER STATION |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 102760125 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 14E6535E6B44FE7A8C27B57499964D1B202AFFF9 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 174.44.41.173 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-09-08 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 10:55:33 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 112666663 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MARC R WEISSBERG CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 534 BROAD HOLLOW ROAD - SUITE 410 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MELVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11747 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6314541783 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARC R WEISSBERGCPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2018-09-08T10:56:26-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-05-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-04-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.