Civic Intelligence

Blk Chip Inc.

990EZ • Fiscal year 2017 • EIN 26-4363808

Jul 01, 2016 to Jun 30, 2017 • Filed on May 10, 2018

827 Centre Street No 1Jamacia Plain, MA 02130

(617) 293-4024

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

55th percentile

5.8%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

85th percentile

$26,160

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$61,130

Up $8,153 (+15%) from 2016

Net Assets

Up

$61,130

Up $8,153 (+15%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$141,499

Down $18,910 (-12%) from 2016

Expenses

Down

$133,346

Down $17,129 (-11%) from 2016

Net Income

Down

$8,153

Down $1,781 (-18%) from 2016

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200K-$400KAssets 2016: $52,977Liabilities 2016: $0Net Assets 2016: $52,9772016Assets 2017: $61,130Liabilities 2017: $0Net Assets 2017: $61,1302017Assets 2018: $40,911Liabilities 2018: $0Net Assets 2018: $40,9112018Assets 2019: $70,520Liabilities 2019: $358,800Net Assets 2019: -$288,2802019Assets 2020: $108,944Liabilities 2020: $0Net Assets 2020: $108,9442020Assets 2021: $1,707Liabilities 2021: $7,700Net Assets 2021: -$5,9932021Assets 2022: $1,703Liabilities 2022: $22,728Net Assets 2022: -$21,0252022Assets 2023: $3,224Liabilities 2023: $22,550Net Assets 2023: -$19,3262023Assets 2024: $5,084Liabilities 2024: $5,000Net Assets 2024: $842024

Highlighted filing

2017

Assets$61,130
Liabilities$0
Net Assets$61,130

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $160,409Expenses 2016: $150,475Net Income 2016: $9,9342016Revenue 2017: $141,499Expenses 2017: $133,346Net Income 2017: $8,1532017Revenue 2018: $194,220Expenses 2018: $214,439Net Income 2018: -$20,2192018Revenue 2019: $161,700Expenses 2019: $490,891Net Income 2019: -$329,1912019Revenue 2020: $710,000Expenses 2020: $312,776Net Income 2020: $397,2242020Revenue 2021: $300,000Expenses 2021: $414,937Net Income 2021: -$114,9372021Revenue 2022: $251,000Expenses 2022: $266,032Net Income 2022: -$15,0322022Revenue 2023: $12,078Expenses 2023: $10,379Net Income 2023: $1,6992023Revenue 2024: $27,764Expenses 2024: $8,354Net Income 2024: $19,4102024

Highlighted filing

2017

Revenue$141,499
Expenses$133,346
Net Income$8,153
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 10, 2018
Return Version
2016v3.0
Gross Receipts
$141,499
Mission and Program Overview

Mission

To work with child serving organizations, which are dedicated to bringing targeted, powerful supports to urban, minority and low income populations that have been traditionally left out of resource rich experiences, but which need a bridge to corporate and philanthropic communities in order to fully benefit from the resources these communities can provide.

To work with child-serving organizations, which are dedicated to bringing targeted, powerful supports to minority and low income populations that have traditionally been left out of resource-rich experiences.to fufill a need to bridge corporate and philanthropic communities in order to fully benefit from resources communities can provide. To nuture relationships between the two sectors, create effective collaboration coalitions, and address gaps in existing services; to deliver technical assistance to clients aimed at fiscal programmatic and leadership sustainability; and further, to carry on any other activity in support of the mission as may be carried on by a corporation organized under chapter 180 of the massachusetts general laws and described in section 501(c)(3) of the code.

Program Services

DescriptionGrantsExpenses
PROVIDING A BRIDGE BETWEEN GRASS ROOTS PROVIDERS, CORPORATE PARTNERS AND PHILANTHROPIC COMMUNITIES$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MAKEEBA MCCREARYCEOPT$26,160-$26,160
ROBERT LEWIS JRPresident/Chair-$0--
MICHELLE CALDEIRASecretary-$0--
PAUL FRANCISCOTreasurer-$0--
D'WAYNE EDWARDSDirector-$0--
KLARE SHAWDirector-$0--
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Makeeba MccrearyCEORental of Office SpaceNo$4,545
Filing and Contact Details

Filer

Filer Name
Abekam Inc
EIN
26-4363808
Phone
6172934024
Address
827 CENTRE STREET NO 1, JAMACIA PLAIN, MA 02130

Signing Officer

Name
Makeeba Mccreary
Title
CEO
Phone
6176223400
Signed
2018-05-10
Discuss with paid preparer
Yes

Preparer

Firm
GOLDBERG & ASSOCIATES CPA'S
Address
661 HIGHLAND AVENUE, NEEDHAM, MA 02494
Preparer
Donald a Goldberg
Phone
7814448455
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 1,491.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,880. Description: other expenses. Amount: 4,545. Total to form 990-ez, line 14: 6,425.

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

Description: coordination. Amount: 1,519. Description: program expenses. Amount: 24,038. Description: supplies/materials. Amount: 314. Description: program consultants. Amount: 70,588. Description: telephone. Amount: 314. Description: website/consulting web. Amount: 192. Description: marketing. Amount: 202. Description: technology. Amount: 27. Description: meals & entertainment. Amount: 835. Description: taxes. Amount: 440. Description: auto. Amount: 981. Description: bank charges. Amount: 360. Description: office expenses. Amount: 74. Description: travel. Amount: 63. Total to form 990-ez, line 16: 99,947.

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

Description: receivables from current/former officers. Beg. Of year amount: 49,299. End of year amount: 57,111. Description: other depreciable assets. Beg. Of year amount: 3,066. End of year amount: 1,186.

Raw XML Appendix209 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT LEWIS JR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL FRANCISCO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MAKEEBA MCCREARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4D'WAYNE EDWARDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KLARE SHAW
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt058297
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt099947
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO WORK WITH CHILD-SERVING ORGANIZATIONS, WHICH ARE DEDICATED TO BRINGING TARGETED, POWERFUL SUPPORTS TO MINORITY AND LOW INCOME POPULATIONS THAT HAVE TRADITIONALLY BEEN LEFT OUT OF RESOURCE-RICH EXPERIENCES.TO FUFILL A NEED TO BRIDGE CORPORATE AND PHILANTHROPIC COMMUNITIES IN ORDER TO FULLY BENEFIT FROM RESOURCES COMMUNITIES CAN PROVIDE. TO NUTURE RELATIONSHIPS BETWEEN THE TWO SECTORS, CREATE EFFECTIVE COLLABORATION COALITIONS, AND ADDRESS GAPS IN EXISTING SERVICES; TO DELIVER TECHNICAL ASSISTANCE TO CLIENTS AIMED AT FISCAL PROGRAMMATIC AND LEADERSHIP SUSTAINABILITY; AND FURTHER, TO CARRY ON ANY OTHER ACTIVITY IN SUPPORT OF THE MISSION AS MAY BE CARRIED ON BY A CORPORATION ORGANIZED UNDER CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS AND DESCRIBED IN SECTION 501(C)(3) OF THE CODE.
IRS990EZ/ProgramServiceRevenueAmt072000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING A BRIDGE BETWEEN GRASS ROOTS PROVIDERS, CORPORATE PARTNERS AND PHILANTHROPIC COMMUNITIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt026160
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0133346
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0141499
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ABEKAM.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt068008
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0160409
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0382132
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt085189
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0735838
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt053000
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0455028
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0143859
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0311458
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MAKEEBA MCCREARY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CEO
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt04545
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENTAL OF OFFICE SPACE
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ADVANCE
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MAKEEBA MC CREARY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CEO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt057111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1,491.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 1,880. DESCRIPTION: OTHER EXPENSES. AMOUNT: 4,545. TOTAL TO FORM 990-EZ, LINE 14: 6,425.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: COORDINATION. AMOUNT: 1,519. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 24,038. DESCRIPTION: SUPPLIES/MATERIALS. AMOUNT: 314. DESCRIPTION: PROGRAM CONSULTANTS. AMOUNT: 70,588. DESCRIPTION: TELEPHONE. AMOUNT: 314. DESCRIPTION: WEBSITE/CONSULTING WEB. AMOUNT: 192. DESCRIPTION: MARKETING. AMOUNT: 202. DESCRIPTION: TECHNOLOGY. AMOUNT: 27. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 835. DESCRIPTION: TAXES. AMOUNT: 440. DESCRIPTION: AUTO. AMOUNT: 981. DESCRIPTION: BANK CHARGES. AMOUNT: 360. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 74. DESCRIPTION: TRAVEL. AMOUNT: 63. TOTAL TO FORM 990-EZ, LINE 16: 99,947.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: RECEIVABLES FROM CURRENT/FORMER OFFICERS. BEG. OF YEAR AMOUNT: 49,299. END OF YEAR AMOUNT: 57,111. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 3,066. END OF YEAR AMOUNT: 1,186.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MAKEEBA MCCREARY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum06176223400
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ABEKAM INC
ReturnHeader/Filer/BusinessNameControlTxt0ABEK
ReturnHeader/Filer/EIN0264363808
ReturnHeader/Filer/PhoneNum06172934024
ReturnHeader/Filer/USAddress/AddressLine1Txt0827 CENTRE STREET NO 1
ReturnHeader/Filer/USAddress/CityNm0JAMACIA PLAIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002130
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F2AB14D5DC628B5F37571782D2367DEA0DEE5B1D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ED7F4A1C53CF7C61F96DC116E6749F99DF4D2BA2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.14.185.233
ReturnHeader/FilingSecurityInformation/IPDt02018-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:24:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042924527
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOLDBERG & ASSOCIATES CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0661 HIGHLAND AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEEDHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002494
ReturnHeader/PreparerPersonGrp/PhoneNum07814448455
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD A GOLDBERG
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-17T17:33:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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