Civic Intelligence

The Rackman Foundation Inc Rackman Family

990EZ • Fiscal year 2016 • EIN 26-3015509

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

Organization ProfileNA
150-35 77th AvenueFlushing, NY 11367

(917) 723-1557

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T30 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

74th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T30 • <$500k nonprofits • Source year 2016

Net Margin

3rd percentile

-622%

Higher net margin than 3% of similar nonprofits.

2016 filings • NTEE T30 • <$500k nonprofits • Source year 2016

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

2016 filings • NTEE T30 • <$500k nonprofits • Source year 2016

Asset Growth

10th percentile

-52%

Faster asset growth than 10% of similar nonprofits.

2016 filings • NTEE T30 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-96%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • NTEE T30 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$8,838

Down $9,642 (-52%) from 2015

Net Assets

Down

$8,838

Down $9,642 (-52%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin3rd percentile

Revenue

Down

$1,550

Down $33,045 (-96%) from 2015

Expenses

Down

$11,192

Down $14,571 (-57%) from 2015

Net Income

Down

-$9,642

Down $18,474 (-209%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$100K$50K$0Assets 2012: $35,364Net Assets 2012: $35,3642012Assets 2013: $4,826Net Assets 2013: $4,8262013Assets 2014: $9,648Liabilities 2014: $0Net Assets 2014: $9,6482014Assets 2015: $18,480Liabilities 2015: $0Net Assets 2015: $18,4802015Assets 2016: $8,838Liabilities 2016: $0Net Assets 2016: $8,8382016Assets 2017: $7,927Net Assets 2017: $7,9272017Assets 2018: $57,886Liabilities 2018: $0Net Assets 2018: $57,8862018Assets 2019: $94,401Liabilities 2019: $0Net Assets 2019: $94,4012019Assets 2020: $39,342Liabilities 2020: $0Net Assets 2020: $39,3422020Assets 2021: $55,624Liabilities 2021: $0Net Assets 2021: $55,6242021Assets 2022: $67,595Liabilities 2022: $0Net Assets 2022: $67,5952022Assets 2023: $32,495Liabilities 2023: $0Net Assets 2023: $32,4952023Assets 2024: $32,495Liabilities 2024: $0Net Assets 2024: $32,4952024

Highlighted filing

2016

Assets$8,838
Liabilities$0
Net Assets$8,838
Open 2016 Filing

Operations Trend

Revenue Growth4th percentile

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

$200K$100K$0-$100KRevenue 2012: $85,400Expenses 2012: $57,973Net Income 2012: $27,4272012Revenue 2013: $33,000Expenses 2013: $63,538Net Income 2013: -$30,5382013Revenue 2014: $30,000Expenses 2014: $25,178Net Income 2014: $4,8222014Revenue 2015: $34,595Expenses 2015: $25,763Net Income 2015: $8,8322015Revenue 2016: $1,550Expenses 2016: $11,192Net Income 2016: -$9,6422016Expenses 2017: $9112017Revenue 2018: $50,000Expenses 2018: $41Net Income 2018: $49,9592018Revenue 2019: $94,000Expenses 2019: $57,485Net Income 2019: $36,5152019Revenue 2020: $131,800Expenses 2020: $186,859Net Income 2020: -$55,0592020Revenue 2021: $49,500Expenses 2021: $33,218Net Income 2021: $16,2822021Revenue 2022: $20,000Expenses 2022: $8,029Net Income 2022: $11,9712022Revenue 2023: $0Expenses 2023: $35,100Net Income 2023: -$35,1002023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2016

Revenue$1,550
Expenses$11,192
Net Income-$9,642
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$1,550
Mission and Program Overview

Mission

SEE STATEMENT O

Program Services

DescriptionGrantsExpenses
ORGANIZATION GAVE OUT ASSISTANCE PAYMENTS TO AND ON BEHALF OF INDIGENT PEOPLE.$0$0
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ARIEL RACKMANPresident-$0--
MARIYA RACKMANVice President-$0--
RABBI ITZHAK YEHOSHUASecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Rackman Foundation Inc
EIN
26-3015509
Phone
9177231557
Address
150-35 77TH AVENUE, FLUSHING, NY 11367

Signing Officer

Name
Ariel Rackman
Title
President
Phone
9177231557
Signed
2017-05-09
Discuss with paid preparer
Yes

Preparer

Firm
Janover LLC
Address
100 QUENTIN ROOSEVELT BLVD, GARDEN CITY, NY 11530
Preparer
Joseph Tancer
Phone
5165426300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: return of prior year public assistance. Amount: 1,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: public assistance. Grantee name: various. Amount given: 10,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: license and permits. Amount: 50.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: loan to donee. Beg. Of year amount: 0. End of year amount: 6,000.”

Raw XML Appendix150 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSEPH B TANCER
IRS990EZ/BooksInCareOfDetail/PhoneNum05165426300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 QUENTIN ROOSEVELT BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GARDEN CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011530
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018480
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02838
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt050
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-9642
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01142
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt018480
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08838
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/GrossReceiptsAmt01550
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt018480
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08838
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt018480
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08838
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ARIEL RACKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARIYA RACKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RABBI ITZHAK YEHOSHUA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt050
IRS990EZ/OtherRevenueTotalAmt01500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SEE STATEMENT O
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZATION GAVE OUT ASSISTANCE PAYMENTS TO AND ON BEHALF OF INDIGENT PEOPLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt011192
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt01550
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt034595
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt030000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt033000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt085400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0183045
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.36000
IRS990ScheduleA/PublicSupportPY170Pct00.39280
IRS990ScheduleA/PublicSupportTotal170Amt065898
IRS990ScheduleA/SubstantialContributorsTotAmt0117147
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt034595
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt030000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt033000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt085400
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0183045
IRS990ScheduleA/TotalSupportAmt0183045
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: RETURN OF PRIOR YEAR PUBLIC ASSISTANCE. AMOUNT: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: PUBLIC ASSISTANCE. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: LICENSE AND PERMITS. AMOUNT: 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: LOAN TO DONEE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 6,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ARIEL RACKMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09177231557
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RACKMAN FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RACK
ReturnHeader/Filer/EIN0263015509
ReturnHeader/Filer/PhoneNum09177231557
ReturnHeader/Filer/USAddress/AddressLine1Txt0150-35 77TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0FLUSHING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011367
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0B211157669CC976807CDC3AF4037B66945624519
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId02FD9D6E65E7B9D56ED813C2DDBD55E6097CB6C23
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt038.125.43.162
ReturnHeader/FilingSecurityInformation/IPDt02017-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm008:30:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113258497
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JANOVER LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 QUENTIN ROOSEVELT BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GARDEN CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011530
ReturnHeader/PreparerPersonGrp/PhoneNum05165426300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH TANCER
ReturnHeader/ReturnTs02017-05-11T15:19:37-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,838
Liabilities
$0
Net assets
$8,838
Revenue
$1,550
Expenses
$11,192
Net income
-$9,642
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.
2024Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.00$0.35$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.20$0.08$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.50$0.33$0.16
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.32$1.87$0.55
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.94$0.57$0.37
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.50$0.00$0.50
2017Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.02$0.11$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.35$0.26$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.30$0.25$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.33$0.64$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.35$0.85$0.58$0.27