Civic Intelligence

Equifund Organization Inc.

990EZ • Fiscal year 2016 • EIN 26-4432774

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 04, 2017

91 Carman AveCedarhurst, NY 11516

(516) 858-0215

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

93rd percentile

54%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

77th percentile

28%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

86th percentile

51%

Faster revenue growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$75,577

Up $16,456 (+28%) from 2015

Net Assets

Up

$75,519

Up $16,398 (+28%) from 2015

Liabilities

$58

No earlier filing loaded for comparison.

Revenue

Up

$30,100

Up $10,100 (+51%) from 2015

Expenses

Up

$13,702

Up $2,702 (+25%) from 2015

Net Income

Up

$16,398

Up $7,398 (+82%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $77,044Net Assets 2011: $77,0442011Assets 2012: $69,910Net Assets 2012: $69,9102012Assets 2013: $62,215Net Assets 2013: $62,2152013Assets 2014: $50,121Net Assets 2014: $50,1212014Assets 2015: $59,121Net Assets 2015: $59,1212015Assets 2016: $75,577Liabilities 2016: $58Net Assets 2016: $75,5192016Assets 2017: $86,427Liabilities 2017: $58Net Assets 2017: $86,3692017Assets 2018: $168,578Liabilities 2018: $527Net Assets 2018: $168,0512018Assets 2019: $138,745Net Assets 2019: $138,7452019Assets 2020: $376,189Liabilities 2020: $0Net Assets 2020: $376,1892020Assets 2021: $654,715Liabilities 2021: $0Net Assets 2021: $654,7152021Assets 2022: $768,590Liabilities 2022: $0Net Assets 2022: $768,5902022Assets 2023: $521,419Liabilities 2023: $12,871Net Assets 2023: $508,5482023Assets 2024: $432,743Liabilities 2024: $190Net Assets 2024: $432,5532024

Highlighted filing

2016

Assets$75,577
Liabilities$58
Net Assets$75,519

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2011: $77,0442011Revenue 2012: $0Expenses 2012: $7,134Net Income 2012: -$7,1342012Revenue 2013: $0Expenses 2013: $7,695Net Income 2013: -$7,6952013Revenue 2014: $0Expenses 2014: $12,094Net Income 2014: -$12,0942014Revenue 2015: $20,000Expenses 2015: $11,000Net Income 2015: $9,0002015Revenue 2016: $30,100Expenses 2016: $13,702Net Income 2016: $16,3982016Revenue 2017: $36,415Expenses 2017: $25,565Net Income 2017: $10,8502017Revenue 2018: $142,000Expenses 2018: $60,318Net Income 2018: $81,6822018Revenue 2019: $0Expenses 2019: $29,306Net Income 2019: -$29,3062019Revenue 2020: $305,000Expenses 2020: $67,556Net Income 2020: $237,4442020Revenue 2021: $440,000Expenses 2021: $161,474Net Income 2021: $278,5262021Revenue 2022: $200,000Expenses 2022: $86,125Net Income 2022: $113,8752022Revenue 2023: $19,666Expenses 2023: $279,708Net Income 2023: -$260,0422023Revenue 2024: $14,976Expenses 2024: $90,971Net Income 2024: -$75,9952024

Highlighted filing

2016

Revenue$30,100
Expenses$13,702
Net Income$16,398
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 4, 2017
Return Version
2016v3.0
Gross Receipts
$30,100
Mission and Program Overview

Mission

To provide interest free loans to individuals and small businesses for development and expansion of small businesses

Program Services

DescriptionGrantsExpenses
NON INTEREST BEARING LOANS ARE PROVIDED TO INDIVIDUALS, AND SMALL BUSINESSES FOR DEVELOPMENT AND EXPANSION. DURING THE FISCAL YEAR 2016, LOANS OUTSTANTING $53580-$13,702
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MORDCHAY PROBKEVITZDirector/PresPT$0--
DANIEL KRIMSKYDirector-$0--
RON TOVBINDirector-$0--
ELKE PROBKEVITZTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Equifund Organization Inc
EIN
26-4432774
Phone
5168580215
Address
91 CARMAN AVE, CEDARHURST, NY 11516

Signing Officer

Name
Mordchay Probkevitz
Title
President
Phone
5168580215
Signed
2017-09-04
Discuss with paid preparer
Yes

Preparer

Firm
Sara Ruchelsman CPA
Address
6601 BURNS ST 2W, FOREST HILLS, NY 11374
Preparer
Sara Ruchelsman
Phone
7187936955
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

ACCOUNTING FEES 529.

Form 990EZ, Part I, Line 16

DONATIONS 13040.

Form 990EZ, Part I, Line 16

FILING FEES 75.

Form 990EZ, Part I, Line 16

SUPPLIES 58.

Form 990EZ, Part II, Line 24

Program related investment- non interest loan to small business 32180. 53580.

Form 990EZ, Part II, Line 26

DUE TO EQUISHARES 58.

Raw XML Appendix153 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05168580215
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CEDARHURST
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/GrossReceiptsAmt030100
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR/PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt032180
IRS990EZ/OtherAssetsTotalDetail/EOYAmt053580
IRS990EZ/OtherExpensesTotalAmt013702
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE INTEREST FREE LOANS TO INDIVIDUALS AND SMALL BUSINESSES FOR DEVELOPMENT AND EXPANSION OF SMALL BUSINESSES
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NON INTEREST BEARING LOANS ARE PROVIDED TO INDIVIDUALS, AND SMALL BUSINESSES FOR DEVELOPMENT AND EXPANSION. DURING THE FISCAL YEAR 2016, LOANS OUTSTANTING $53580
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt013702
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt058
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt013702
IRS990EZ/TotalProgramServiceExpensesAmt013702
IRS990EZ/TotalRevenueAmt030100
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt050100
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt050100
IRS990ScheduleA/TotalSupportAmt050100
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING FEES 529.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DONATIONS 13040.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FILING FEES 75.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES 58.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM RELATED INVESTMENT- NON INTEREST LOAN TO SMALL BUSINESS 32180. 53580.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DUE TO EQUISHARES 58.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 26
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05168580215
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EQUIFUND ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0EQUI
ReturnHeader/Filer/EIN0264432774
ReturnHeader/Filer/PhoneNum05168580215
ReturnHeader/Filer/USAddress/AddressLine1Txt091 CARMAN AVE
ReturnHeader/Filer/USAddress/CityNm0CEDARHURST
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.118.134.194
ReturnHeader/FilingSecurityInformation/IPDt02017-10-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm008:05:09
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SARA RUCHELSMAN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06601 BURNS ST 2W
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FOREST HILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011374
ReturnHeader/PreparerPersonGrp/PhoneNum07187936955
ReturnHeader/PreparerPersonGrp/PreparationDt02017-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA RUCHELSMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-10-16T08:05:12-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.33$0.00$4.33$0.15$0.91$0.76
2023Detailed filing. Detailed filing data is available for this year.$5.21$0.13$5.09$0.20$2.80$2.60
2022Detailed filing. Detailed filing data is available for this year.$7.69$0.00$7.69$2.00$0.86$1.14
2021Detailed filing. Detailed filing data is available for this year.$6.55$0.00$6.55$4.40$1.61$2.79
2020Detailed filing. Detailed filing data is available for this year.$3.76$0.00$3.76$3.05$0.68$2.37
2019Detailed filing. Detailed filing data is available for this year.$1.39$1.39$0.00$0.29$0.29
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.01$1.68$1.42$0.60$0.82
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.36$0.26$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.30$0.14$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.20$0.11$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.50$0.50$0.00$0.12$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.62$0.00$0.08$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.70$0.00$0.07$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.77$0.77