Civic Intelligence

The Guild for Exceptional Children Holding Co Inc

990 • Fiscal year 2022 • EIN 23-7339617

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

260 68th StreetBrooklyn, NY 11220

(718) 833-6633

Siviq Scores

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

Liabilities / Assets

88th percentile

0.74x

Higher debt load relative to assets than 88% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

90th percentile

$205,393

Higher top officer pay than 90% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Source year 2022

Asset Growth

97th percentile

280%

Faster asset growth than 97% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,017,121

Up $749,611 (+280%) from 2021

Net Assets

Down

$267,121

Down $389 (-0.1%) from 2021

Liabilities

Up

$750,000

Up $750,000 from 2021

Revenue

Down

$0

Down $294 (-100%) from 2021

Expenses

Down

$0

Down $843 (-100%) from 2021

Net Income

Up

$0

Up $549 (+100%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $245,600Liabilities 2014: $0Net Assets 2014: $245,6002014Assets 2018: $250,251Liabilities 2018: $0Net Assets 2018: $250,2512018Assets 2019: $257,588Liabilities 2019: $0Net Assets 2019: $257,5882019Assets 2020: $264,681Liabilities 2020: $0Net Assets 2020: $264,6812020Assets 2021: $267,510Liabilities 2021: $0Net Assets 2021: $267,5102021Assets 2022: $1,017,121Liabilities 2022: $750,000Net Assets 2022: $267,1212022Assets 2023: $1,017,121Liabilities 2023: $750,000Net Assets 2023: $267,1212023Assets 2024: $1,606,828Liabilities 2024: $1,339,707Net Assets 2024: $267,1212024

Highlighted filing

2022

Assets$1,017,121
Liabilities$750,000
Net Assets$267,121

Operations Trend

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

$6.0K$4.0K$2.0K$0-$2.0KRevenue 2014: $4,622Expenses 2014: $819Net Income 2014: $3,8032014Revenue 2018: $3,304Expenses 2018: $860Net Income 2018: $2,4442018Revenue 2019: $4,452Expenses 2019: $774Net Income 2019: $3,6782019Revenue 2020: $4,433Expenses 2020: $743Net Income 2020: $3,6902020Revenue 2021: $294Expenses 2021: $843Net Income 2021: -$5492021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2022

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$0
Mission and Program Overview

Mission

To hold title to land and buildings to be used by the guild for exceptional children, inc. For day and residential programs. These programs educate, train and provide rehabilitation services to the developmentally diabled

The corporation holds title to land and buildings which houses day and residential programs for the developmentally disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$750,000▲ $750,000
Investments in Publicly Traded Securities$173,352$0▼ $173,352
Land, Buildings, and Equipment, Net$86,857$86,857→ $0
Total Assets$267,510$1,017,121▲ $749,611
Other Assets Total$7,301$180,264▲ $172,963
Liabilities
Other Liabilities$0$750,000▲ $750,000
Total Liabilities$0$750,000▲ $750,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$267,510$267,121▼ $389
Total Net Assets Fund Balance$267,510$267,121▼ $389
Total Liabilities and Net Assets / Fund Balance$267,510$1,017,121▲ $749,611

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$785,045$785,045
Land$86,857-$86,857
Other Assets Org$180,264--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anthony CettaPresident
Eleanor Schiano1st Vice President
Marion Cleaver2nd Vice President
Andrew Sichenze EsqBoard Member
Angelo Giordano EsqBoard Member
Arlene KeatingBoard Member
Arlene RutueloBoard Member
Elena GonzalezBoard Member
HON MATTHEW D'EMICBoard Member
Harriet RosenbergBoard Member
James MorelloBoard Member
Mary DoryBoard Member
Peter Ferraiuolo EsqBoard Member
Stanley RamsdalBoard Member
Stephen MajewiczBoard Member
Toni ColarussoBoard Member
Anthony SantoroBoard Member Thru 06/03/22
Karen MazzoneBoard Member Thru 09/21/21
Joe RileyCEO/executive Director
Celeste SenaAssistant Treasurer
Densingh ThambirajCFO
Patricia RomanoCOO
Rosina Linda RubinoCorresponding Secretary
Geraldine CassoneRecording Secretary
Frank SenaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$31,558,928
Total Revenue per Audited Statements
$31,558,928
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

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

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$30,231,284
Total Expenses per Audited Statements$30,231,284
Expenses Not Reported on Financial Statements$0
Expenses per Audited Statements$0
Total Expenses per 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$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$750,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

-frank sena and celeste sena have a family relationship. -anthony santoro and stephen majewicz have a family relationship.

Form 990, Part VI, Section B, Line 11B

The guild for exceptional children holding co., has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by the finance committee and is ready to be filed with the internal revenue service, it is electronically distributed to the full board of directors for their review and approval. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.

Form 990, Part VI, Section B, Line 12

The organization follows the conflict of interest policy of its related organization the guild for exceptional children, inc.

Form 990, Part VI, Section C, Line 19

Copies of internal policies, financial statements and governing documents are available upon request at the offices during regular business hours. Form 990 is available upon request, at offices during regular business hours, on the website of the office of the attorney general of the state of ny, and on the website www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
The Guild for Exceptional Children
EIN
23-7339617
Phone
7188336633
Address
260 68TH STREET, BROOKLYN, NY 11220

Signing Officer

Name
Joe Riley
Title
CEO
Phone
7188336633
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Riley
Formed
1973
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
500 MAMARONECK AVENUE SUITE 301, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization has a committee that assumes responsibility for the oversight of the audit of its financial statements and the selection of its independent auditor. This policy has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The guild recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the guild had no uncertain tax positions that would require financial statement recognition or disclosure. The guild is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to june 30, 2019.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Revenue attributable to related entities 31,558,928.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses attributable to related entities 30,231,284.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt22179319
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt23150419
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt24143784
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CORRESPONDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6RECORDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER THRU 09/21/21
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER THRU 06/03/22
IRS990/Form990PartVIISectionAGrp/TitleTxt22CEO/EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23COO
IRS990/Form990PartVIISectionAGrp/TitleTxt24CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01973
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0173352
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0785045
IRS990/LandBldgEquipBasisNetGrp/BOYAmt086857
IRS990/LandBldgEquipBasisNetGrp/EOYAmt086857
IRS990/LandBldgEquipCostOrOtherBssAmt0871902
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION HOLDS TITLE TO LAND AND BUILDINGS WHICH HOUSES DAY AND RESIDENTIAL PROGRAMS FOR THE DEVELOPMENTALLY DISABLED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0267510
IRS990/NetAssetsOrFundBalancesEOYAmt0267121
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-389
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0267510
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0267121
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07301
IRS990/OtherAssetsTotalGrp/EOYAmt0180264
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0750000
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOE RILEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE GUILD FOR EXCEPTIONAL CHILDREN, INC. ("GUILD") IS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTION 509(A)(2) THAT HELPS FAMILIES COPE WITH THE RESPONSIBILITY OF CARING FOR A DISABLED FAMILY MEMBER AT HOME. THE GUILD FOR EXCEPTIONAL CHILDREN HOLDING CO, INC. HOLDS THE TITLE TO LAND AND BUILDING IN WHICH THE GUILD OPERATES ITS PROGRAMS TO HELP THE FAMILIES IN NEED. THE PROGRAMS ARE CONDUCTED IN THIS BUILDING AND HELP THE SAME CHARITABLE CLASS OF INDIVIDUALS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0116037766
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE GUILD FOR EXCEPTIONAL CHILDREN INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0785045
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0785045
IRS990ScheduleD/ExpensesNotReportedAmt030231284
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt086857
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt086857
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0180264
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherExpensesIncludedAmt030231284
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0750000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherRevenueAmt031558928

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