Civic Intelligence

Sure We Can Inc.

990 • Fiscal year 2019 • EIN 26-1217947

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 04, 2020

219 Mckibbin StreetBrooklyn, NY 11206

(347) 463-9257

Siviq Scores

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

Liabilities / Assets

75th percentile

0.17x

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

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

31st percentile

0.02x

Higher debt load relative to revenue than 31% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Net Margin

29th percentile

-0.5%

Higher net margin than 29% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

37th percentile

$38,500

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2019 filings • NTEE C • $1M-$5M nonprofits • Source year 2019

Asset Growth

38th percentile

3.8%

Faster asset growth than 38% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

48th percentile

8.8%

Faster revenue growth than 48% of similar nonprofits.

2019 filings • NTEE C • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$123,016

Up $4,478 (+3.8%) from 2018

Net Assets

Down

$102,311

Down $5,414 (-5.0%) from 2018

Liabilities

Up

$20,705

Up $9,892 (+91%) from 2018

Revenue

Up

$1,032,112

Up $83,690 (+8.8%) from 2018

Expenses

Up

$1,037,528

Up $106,997 (+11%) from 2018

Net Income

Down

-$5,416

Down $23,307 (-130%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $17,740Liabilities 2010: $0Net Assets 2010: $17,7402010Assets 2015: $24,421Liabilities 2015: $26,415Net Assets 2015: -$1,9942015Assets 2016: $110,808Liabilities 2016: $22,168Net Assets 2016: $88,6402016Assets 2018: $118,538Liabilities 2018: $10,813Net Assets 2018: $107,7252018Assets 2019: $123,016Liabilities 2019: $20,705Net Assets 2019: $102,3112019Assets 2020: $283,950Liabilities 2020: $45,517Net Assets 2020: $238,4332020Assets 2021: $493,950Liabilities 2021: $22,141Net Assets 2021: $471,8092021Assets 2022: $693,926Liabilities 2022: $216,448Net Assets 2022: $477,4782022Assets 2023: $3,103,822Liabilities 2023: $2,606,532Net Assets 2023: $497,2902023Assets 2024: $3,212,343Liabilities 2024: $1,869,645Net Assets 2024: $1,342,6982024

Highlighted filing

2019

Assets$123,016
Liabilities$20,705
Net Assets$102,311

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $73,947Expenses 2010: $57,072Net Income 2010: $16,8752010Revenue 2015: $343,593Expenses 2015: $365,416Net Income 2015: -$21,8232015Revenue 2016: $294,697Expenses 2016: $288,902Net Income 2016: $5,7952016Revenue 2018: $948,422Expenses 2018: $930,531Net Income 2018: $17,8912018Revenue 2019: $1,032,112Expenses 2019: $1,037,528Net Income 2019: -$5,4162019Revenue 2020: $1,063,228Expenses 2020: $928,158Net Income 2020: $135,0702020Revenue 2021: $1,303,285Expenses 2021: $1,051,807Net Income 2021: $251,4782021Revenue 2022: $1,287,336Expenses 2022: $1,264,008Net Income 2022: $23,3282022Revenue 2023: $1,701,489Expenses 2023: $1,681,647Net Income 2023: $19,8422023Revenue 2024: $2,365,508Expenses 2024: $1,520,100Net Income 2024: $845,4082024

Highlighted filing

2019

Revenue$1,032,112
Expenses$1,037,528
Net Income-$5,416
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 4, 2020
Return Version
2019v5.1
Gross Receipts
$1,032,112
Mission and Program Overview

Mission

Our mission is to support the local community,

The organization is a recycling center. Its mission is to support the local community, particularly its most vulnerable residents, to promote social inclusion, envirommental awareness, and economic empowerment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,478$72,041▲ $26,563
Accounts Receivable$47,604$32,586▼ $15,018
Inventories for Sale or Use$18,600$18,389▼ $211
Savings and Temporary Cash Investments$6,856--
Total Assets$118,538$123,016▲ $4,478
Liabilities
Accounts Payable and Accrued Expenses$4,497$15,601▲ $11,104
Unsecured Notes Loans Payable$6,316$5,104▼ $1,212
Total Liabilities$10,813$20,705▲ $9,892
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$100,644$92,432▼ $8,212
Net Assets With Donor Restrictions$7,081$9,879▲ $2,798
Total Net Assets Fund Balance$107,725$102,311▼ $5,414
Total Liabilities and Net Assets / Fund Balance$118,538$123,016▲ $4,478
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ramon LopezPresidentPT$38,500$38,500
Ana Martinez De LucaExecutive DirectorFT$3,500$3,500

Board Members and Trustees

NameTitle
Christina PastoreCo Chair
Josefa SantanaCo Chair
Chicago CrosbyBoard Member
Chris HartmannBoard Member
Christine HegelBoard Member
Josefa MarinBoard member
Ken HuangBoard Member
Pierre SimmonsBoard member
Rosa MiteBoard Member
Malvyn AcevedoExecutive Director
Rene del CarmenOperations Manage
Rhonda KeyserSecretary
Andrew NewmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$50,999
Program Service Revenue
$981,113
Investment Income
$0
Other Revenue
$0
All Other Contributions
$50,999
Change in Net Assets
$-5,416

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,032,112
Total Revenue per Audited Statements
$1,032,112
Total Revenue per Form 990
$1,032,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$908,624
Salaries, Compensation, and Employee Benefits$128,904
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$103,123$25,781-$128,904
Occupancy$69,453--$69,453
Fees for Services Other$35,459$8,865-$44,324
Other Expenses$14,723$6,720-$14,723
Office Expenses$10,571$2,643-$13,214
Travel$5,762--$5,762
Total Functional Expenses$993,519$44,009$0$1,037,528

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,037,528
Total Expenses per Audited Statements$1,037,528
Total Expenses per Form 990$1,037,528
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
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

The organization document meetings held and written actions undertaken during the year.

Committee meeting documentation Part VI line 8B

The organization documented the comittee meetings.

Form 990 governing body review Part VI line 11

A draft copy of the return is provided to at least two officers for review before the filing is transmitted.

Form 990 availability to public Part VI line 18

New York State Charities Bureau Website

Governing documents etc available to public Part VI line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Sure We Can Inc
EIN
26-1217947
Address
219 Mckibbin Street, Brooklyn, NY 11206

Signing Officer

Name
Christina Pastore
Title
Co Chair
Phone
3474639257
Signed
2020-11-04
Discuss with paid preparer
No

Organization Details

Formed
2007
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
0
Employees
5
Volunteers
35

Preparer

Firm
DelValle & Frias CPAs PLLC
Address
167 Havemeyer Street Str Lvl, Brooklyn, NY 11211
Preparer
Ellis A Del Valle
Phone
7183872150
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ramon Lopez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Malvyn Acevedo
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization document meetings held and written actions undertaken during the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization documented the comittee meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A draft copy of the return is provided to at least two officers for review before the filing is transmitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3New York State Charities Bureau Website
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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