Civic Intelligence

N1 Foundation Inc.

990 • Fiscal year 2019 • EIN 26-0483848

Dec 01, 2018 to Nov 30, 2019 • Filed on Oct 14, 2020

PO Box 26428 Cadman Plaza StationBrooklyn, NY 11202-9021

(718) 797-0750

Siviq Scores

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

Liabilities / Assets

74th percentile

0.26x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.18x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Net Margin

38th percentile

-0.8%

Higher net margin than 38% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

68th percentile

$52,885

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2019 filings • NTEE A • $500k-$1M nonprofits • Source year 2019

Asset Growth

29th percentile

-2.5%

Faster asset growth than 29% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

50th percentile

4.7%

Faster revenue growth than 50% of similar nonprofits.

2019 filings • NTEE A • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$462,805

Down $12,105 (-2.5%) from 2018

Net Assets

Down

$344,386

Down $5,129 (-1.5%) from 2018

Liabilities

Down

$118,419

Down $6,976 (-5.6%) from 2018

Revenue

Up

$650,451

Up $29,434 (+4.7%) from 2018

Expenses

Up

$655,580

Up $9,296 (+1.4%) from 2018

Net Income

Up

-$5,129

Up $20,138 (+80%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $80,011Liabilities 2010: $762Net Assets 2010: $79,2492010Assets 2012: $227,160Liabilities 2012: $83,851Net Assets 2012: $143,3092012Assets 2014: $247,744Liabilities 2014: $99,717Net Assets 2014: $148,0272014Assets 2015: $422,370Liabilities 2015: $28,673Net Assets 2015: $393,6972015Assets 2016: $544,659Liabilities 2016: $105,706Net Assets 2016: $438,9532016Assets 2017: $501,420Liabilities 2017: $125,891Net Assets 2017: $375,5292017Assets 2018: $474,910Liabilities 2018: $125,395Net Assets 2018: $349,5152018Assets 2019: $462,805Liabilities 2019: $118,419Net Assets 2019: $344,3862019Assets 2020: $592,210Liabilities 2020: $183,734Net Assets 2020: $408,4762020Assets 2021: $582,710Liabilities 2021: $118,826Net Assets 2021: $463,8842021Assets 2022: $549,507Liabilities 2022: $118,275Net Assets 2022: $431,2322022Assets 2023: $760,153Liabilities 2023: $318,772Net Assets 2023: $441,3812023Assets 2024: $990,142Liabilities 2024: $301,056Net Assets 2024: $689,0862024

Highlighted filing

2019

Assets$462,805
Liabilities$118,419
Net Assets$344,386

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $241,332Expenses 2010: $187,777Net Income 2010: $53,5552010Expenses 2012: $443,1212012Revenue 2014: $550,934Expenses 2014: $483,804Net Income 2014: $67,1302014Revenue 2015: $553,773Expenses 2015: $434,312Net Income 2015: $119,4612015Revenue 2016: $660,965Expenses 2016: $549,245Net Income 2016: $111,7202016Revenue 2017: $595,301Expenses 2017: $605,925Net Income 2017: -$10,6242017Revenue 2018: $621,017Expenses 2018: $646,284Net Income 2018: -$25,2672018Revenue 2019: $650,451Expenses 2019: $655,580Net Income 2019: -$5,1292019Revenue 2020: $747,869Expenses 2020: $730,260Net Income 2020: $17,6092020Revenue 2021: $945,344Expenses 2021: $889,936Net Income 2021: $55,4082021Revenue 2022: $929,686Expenses 2022: $962,338Net Income 2022: -$32,6522022Revenue 2023: $890,143Expenses 2023: $924,272Net Income 2023: -$34,1292023Revenue 2024: $1,352,588Expenses 2024: $1,104,883Net Income 2024: $247,7052024

Highlighted filing

2019

Revenue$650,451
Expenses$655,580
Net Income-$5,129
Jump To
Filing Snapshot
Filing Period
Dec 1, 2018 to Nov 30, 2019
Signed
Oct 14, 2020
Return Version
2018v3.1
Gross Receipts
$696,652
Mission and Program Overview

Mission

The n+1 foundation is a literary organization committed to publishing and promoting work by new and diverse writers whose style, subject matter, and intellectual ambition are underrepresented in mainstream publications.

The organization's mission is to promote and foster public appreciation of and participation in the literary and visual arts through publishing newsletters, lectures, and symposia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$150,000-
Cash and Non-Interest-Bearing Accounts$394,402$148,696▼ $245,706
Accounts Receivable$21,671$93,639▲ $71,968
Pledges and Grants Receivable$49,984$66,084▲ $16,100
Prepaid Expenses and Deferred Charges$5,353$886▼ $4,467
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0--
Total Assets$474,910$462,805▼ $12,105
Other Assets Total$3,500$3,500→ $0
Liabilities
Deferred Revenue$110,425$110,425→ $0
Accounts Payable and Accrued Expenses$14,970$7,994▼ $6,976
Total Liabilities$125,395$118,419▼ $6,976
Net Assets / Fund Balance
Unrestricted Net Assets$349,515$344,386▼ $5,129
Total Net Assets Fund Balance$349,515$344,386▼ $5,129
Total Liabilities and Net Assets / Fund Balance$474,910$462,805▼ $12,105

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$11,229$11,229
Land$0--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dayna TortoriciSecretary/managing EditorFT$52,885$52,885

Board Members and Trustees

NameTitle
Carla BlumenkranzChairperson
Chris Parris-lambBoard Member
Jeremy GlickBoard Member
Jynne MartinBoard Member
Keith GessenBoard Member
Mark GreifBoard Member
Nikil SavalBoard Member
Roger WhiteBoard Member
Ronald BaruschBoard Member
Chad HarbachTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$194,472
Program Service Revenue
$461,710
Investment Income
$0
Other Revenue
$-5,731
All Other Contributions
$34,192
Change in Net Assets
$-5,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$349,785
Salaries, Compensation, and Employee Benefits$305,795
Total Fundraising Expense$16,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$192,295$28,554$10,110$230,959
All Other Expenses$75,369$21,525$0$96,894
Other Employee Benefits$42,440$6,276$2,310$51,026
Fees for Services Other$48,128$0$0$48,128
Occupancy$39,879$5,898$2,171$47,948
Advertising$32,825$0$0$32,825
Payroll Taxes$14,524$2,148$791$17,463
Office Expenses$2,655$10,622$0$13,277
Fees for Services Accounting$0$10,561$0$10,561
Current Officers, Directors, Trustees, and Key Employees$5,077$635$635$6,347
Other Expenses$5,053$747$275$6,075
Travel$3,781$945$0$4,726
Insurance$0$3,531$0$3,531
Total Functional Expenses$543,717$95,571$16,292$655,580
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$46,201
Fundraising Gross Income$31,920
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$139,650$31,920$6,869$25,051
Total Events$139,650$31,920$46,201$-14,281
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
Filing and Contact Details

Filer

Filer Name
N1 Foundation
EIN
26-0483848
Phone
7187970750
Address
PO BOX 26428 CADMAN PLAZA STATION, BROOKLYN, NY 11202-9021

Signing Officer

Name
Chad Harbach
Title
Treasurer
Phone
7187970750
Signed
2020-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Harbach
Formed
2005
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
10
Employees
15
Volunteers
15

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

990 is distributed via email to all board members and must be approved prior to filing.

Pt VI, Line 12C

Board members are required to disclose annually (and pre-election) any conflicts of interest that may have arisen.

Pt VI, Line 19

Documents available upon request.

Form 990, Part IX, Line 24E

Program supplies and merchandise 9968. 9968. 0. 0.

Form 990, Part IX, Line 24E

Postage and shipping 77584. 56059. 21525. 0.

Form 990, Part IX, Line 24E

EVENTS 9342. 9342. 0. 0.

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IRS990/OtherExpensesGrp/TotalAmt217735
IRS990/OtherExpensesGrp/TotalAmt36075
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0ROYALTIES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01510
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16890
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01510
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16890
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
IRS990/OtherRevenueTotalAmt08400
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010110
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028554
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0192295
IRS990/OtherSalariesAndWagesGrp/TotalAmt0230959
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0791
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02148
IRS990/PayrollTaxesGrp/ProgramServicesAmt014524
IRS990/PayrollTaxesGrp/TotalAmt017463
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt049984
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt066084
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05353
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0886
IRS990/PrincipalOfficerNm0CHAD HARBACH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0511190
IRS990/ProgramServiceRevenueGrp/BusinessCd1511190
IRS990/ProgramServiceRevenueGrp/BusinessCd2511190
IRS990/ProgramServiceRevenueGrp/BusinessCd3541800
IRS990/ProgramServiceRevenueGrp/Desc0MAGAZINE SUBSCRIPTIONS
IRS990/ProgramServiceRevenueGrp/Desc1MAGAZINE SALES
IRS990/ProgramServiceRevenueGrp/Desc2MERCHANDISE AND OTHER SALES
IRS990/ProgramServiceRevenueGrp/Desc3ADVERTISING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0296680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1128811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215822
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt320397
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0179380
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0334585
IRS990/PYOtherRevenueAmt0-16950
IRS990/PYProgramServiceRevenueAmt0458587
IRS990/PYRevenuesLessExpensesAmt0-25267
IRS990/PYSalariesCompEmpBnftPaidAmt0311699
IRS990/PYTotalExpensesAmt0646284
IRS990/PYTotalRevenueAmt0621017
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-5129
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0150
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0461710
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0194472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0179380
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0157260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0186732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0164549
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0882393
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01660
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0272
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02087
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014388
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019303
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt037710
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02072514
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92120
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.83850
IRS990ScheduleA/PublicSupportTotal170Amt0847599
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt034794
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0194472
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0179380
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0157260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0186732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0164549
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0882393
IRS990ScheduleA/TotalSupportAmt0920103
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011229
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011229
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0107730
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0107730
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt046201
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt035332
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt035332
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0139650
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0139650
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031920
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031920
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-14281
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06869
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06869
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04000

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.30$0.69$1.35$1.10$0.25
2023Detailed filing. Detailed filing data is available for this year.$0.76$0.32$0.44$0.89$0.92$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.55$0.12$0.43$0.93$0.96$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.58$0.12$0.46$0.95$0.89$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.59$0.18$0.41$0.75$0.73$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.12$0.34$0.65$0.66$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.13$0.35$0.62$0.65$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.13$0.38$0.60$0.61$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.11$0.44$0.66$0.55$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.42$0.03$0.39$0.55$0.43$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.10$0.15$0.55$0.48$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.08$0.14$0.44
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.24$0.19$0.05