Civic Intelligence

Samet Foundation Inc.

990PF • Fiscal year 2019 • EIN 26-3941095

Dec 01, 2018 to Nov 30, 2019 • Filed on Nov 01, 2021

1515 Route 202 Unit 263Pomona, NY 10970

(845) 708-5455

Siviq Scores

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

Liabilities / Assets

80th percentile

0.00x

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

2019 filings • NTEE T22 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

0.00x

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

2019 filings • NTEE T22 • <$500k nonprofits • Source year 2019

Net Margin

10th percentile

-1122%

Higher net margin than 10% of similar nonprofits.

2019 filings • NTEE T22 • <$500k nonprofits • Source year 2019

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2019 filings • NTEE T22 • <$500k nonprofits • Source year 2019

Asset Growth

21st percentile

-26%

Faster asset growth than 21% of similar nonprofits.

2019 filings • NTEE T22 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

9th percentile

-95%

Faster revenue growth than 9% of similar nonprofits.

2019 filings • NTEE T22 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$107,926

Down $37,157 (-26%) from 2018

Net Assets

Down

$107,926

Down $36,284 (-25%) from 2018

Liabilities

Down

$0

Down $873 (-100%) from 2018

Revenue

Down

$3,235

Down $55,859 (-95%) from 2018

Expenses

Up

$39,519

Up $377 (+1.0%) from 2018

Net Income

Down

-$36,284

Down $56,236 (-282%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $140,537Liabilities 2013: $0Net Assets 2013: $140,5372013Assets 2014: $134,541Liabilities 2014: $0Net Assets 2014: $134,5412014Assets 2016: $133,014Liabilities 2016: $0Net Assets 2016: $133,0142016Assets 2017: $124,263Liabilities 2017: $5Net Assets 2017: $124,2582017Assets 2018: $145,083Liabilities 2018: $873Net Assets 2018: $144,2102018Assets 2019: $107,926Liabilities 2019: $0Net Assets 2019: $107,9262019Assets 2020: $99,680Liabilities 2020: $300Net Assets 2020: $99,3802020Assets 2021: $92,758Liabilities 2021: $0Net Assets 2021: $92,7582021Assets 2022: $89,319Liabilities 2022: $3,863Net Assets 2022: $85,4562022Assets 2023: $72,279Liabilities 2023: $0Net Assets 2023: $72,2792023Assets 2024: $57,281Liabilities 2024: $0Net Assets 2024: $57,2812024

Highlighted filing

2019

Assets$107,926
Liabilities$0
Net Assets$107,926

Operations Trend

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

$100K$50K$0-$50KExpenses 2013: $14,0032013Revenue 2014: $6,134Expenses 2014: $12,130Net Income 2014: -$5,9962014Revenue 2016: $8,601Expenses 2016: $10,992Net Income 2016: -$2,3912016Revenue 2017: $1,942Expenses 2017: $10,698Net Income 2017: -$8,7562017Revenue 2018: $59,094Expenses 2018: $39,142Net Income 2018: $19,9522018Revenue 2019: $3,235Expenses 2019: $39,519Net Income 2019: -$36,2842019Revenue 2020: $50Expenses 2020: $8,596Net Income 2020: -$8,5462020Revenue 2021: $3,722Expenses 2021: $10,320Net Income 2021: -$6,5982021Revenue 2022: $688Expenses 2022: $6,991Net Income 2022: -$6,3032022Revenue 2023: $1,197Expenses 2023: $14,374Net Income 2023: -$13,1772023Revenue 2024: $6Expenses 2024: $15,004Net Income 2024: -$14,9982024

Highlighted filing

2019

Revenue$3,235
Expenses$39,519
Net Income-$36,284
Jump To
Filing Snapshot
Filing Period
Dec 1, 2018 to Nov 30, 2019
Signed
Nov 1, 2021
Return Version
2018v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL G SAMETPresident/Founder-$0--
DAVID SAMETTreasurer-$0--
SHAI SAMETSecretary-$0--
EFRAT SOBOLOFSKYDirector-$0--
RON SAMETDirector-$0--
Filing and Contact Details

Filer

Filer Name
Samet Foundation Inc
EIN
26-3941095
Phone
8457085455
Address
1515 ROUTE 202 UNIT 263, POMONA, NY 10970

Signing Officer

Name
David Samet
Title
Officer
Phone
8457085455
Signed
2021-11-01
Discuss with paid preparer
Yes

Preparer

Firm
David Samet CPA Cfp
Address
7 ELLINGTON WAY, SPRING VALLEY, NY 10977
Preparer
David Samet
Phone
8456413838
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0MICHAEL G SAMET
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description2Txt0EDUCATIONAL INSTITUTIONS
IRS990PF/SummaryOfDirectChrtblActyGrp/Description3Txt0ACQUIRE AND MAINTAIN AUDIO LAB FOR MUSIC TRAINING OF AUTISTIC AND CHALLENGED TEENAGERS
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt015200
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses2Amt07250
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses3Amt04564
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0NA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt07250
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt115200
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt24564
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0VARIOUSCHARITABLEPURPOSES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1SUPPORT OF CANCERSTRICKEN FAMILYWITH ORPHANS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2ACQUIRE ANDMAINTAIN AUDIO LABFOR MUSIC TRAINING
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0VARIOUS EDUCATIONAL ORGAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0PC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1I
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2NC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm0MISCELLANEOUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm1MISCELLANEOUS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2N/A
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0NA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1NA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2NA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2NY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd000000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd100000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd200000
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NA
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt027014
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt06229
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt06847
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt06229
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt028882
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt01428
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt049559
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt019249
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt028882
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt01428
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt00
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt032325
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt019249
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt049559
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt030310
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt06847
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt049
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt160
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt2255
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt31106
OtherExpensesSchedule/OtherExpensesScheduleGrp/AdjustedNetIncomeAmt41017
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0CORP FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1SUPPLIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2DUES AND SUBSCRIPTIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4EDUCATIONAL RESOURCES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5OFFICE EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6WEBSITE DEVELOPMENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7TAX PENALTIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt03608
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1473
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt21230
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt049
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt13608
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt260
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt3255
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt4473
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt52473
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt61230
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt71017
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt0873
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0DUE TO CREDIT CARD
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID SAMET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum08457085455
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SAMET FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SAME
ReturnHeader/Filer/EIN0263941095
ReturnHeader/Filer/PhoneNum08457085455
ReturnHeader/Filer/USAddress/AddressLine1Txt01515 ROUTE 202 UNIT 263
ReturnHeader/Filer/USAddress/CityNm0POMONA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010970
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID SAMET CPA CFP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 ELLINGTON WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRING VALLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010977
ReturnHeader/PreparerPersonGrp/PhoneNum08456413838
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID SAMET
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-02T13:13:35-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02018-12-01
ReturnHeader/TaxPeriodEndDt02019-11-30
ReturnHeader/TaxYr02018

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