Civic Intelligence

Equifund Organization Inc.

990EZ • Fiscal year 2017 • EIN 26-4432774

Jan 01, 2017 to Dec 31, 2017 • Filed on May 07, 2018

Organization ProfileN/A
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.

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

Liabilities / Revenue

58th percentile

0.00x

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

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

Net Margin

83rd percentile

30%

Higher net margin than 83% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

67th percentile

14%

Faster asset growth than 67% of similar nonprofits.

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

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$86,427

Up $10,850 (+14%) from 2016

Net Assets

Up

$86,369

Up $10,850 (+14%) from 2016

Liabilities

Flat

$58

Flat from 2016

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin83rd percentile

Revenue

Up

$36,415

Up $6,315 (+21%) from 2016

Expenses

Up

$25,565

Up $11,863 (+87%) from 2016

Net Income

Down

$10,850

Down $5,548 (-34%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

2017

Assets$86,427
Liabilities$58
Net Assets$86,369
Open 2017 Filing

Operations Trend

Revenue Growth73rd percentile

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

2017

Revenue$36,415
Expenses$25,565
Net Income$10,850
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 7, 2018
Return Version
2017v2.2
Gross Receipts
$36,415
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 2017, LOANS OUTSTANTING $84,780$84,780$84,780
Compensation and Service Providers
Top Officer Pay76th percentile

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
2018-05-07
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 8

“Professional fees reversed 135.”

Form 990EZ, Part I, Line 16

“BANK FEE 30.”

Form 990EZ, Part I, Line 16

“Donations / contributions 25535.”

Form 990EZ, Part II, Line 24

“Program related investment- non interest loan to small business 53580. 84780.”

Form 990EZ, Part II, Line 26

“Due to equishares 58. 58.”

Raw XML Appendix149 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MORDCHAY PROBKEVITZ
IRS990EZ/BooksInCareOfDetail/PhoneNum05168580215
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt091 CARMAN AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CEDARHURST
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011516
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt021997
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01647
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt036280
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt010850
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt075577
IRS990EZ/Form990TotalAssetsGrp/EOYAmt086427
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt036415
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt075519
IRS990EZ/NetAssetsOrFundBalancesEOYAmt086369
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt075519
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt086369
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MORDCHAY PROBKEVITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DANIEL KRIMSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RON TOVBIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ELKE PROBKEVITZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR/PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt053580
IRS990EZ/OtherAssetsTotalDetail/EOYAmt084780
IRS990EZ/OtherExpensesTotalAmt025565
IRS990EZ/OtherRevenueTotalAmt0135
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 2017, LOANS OUTSTANTING $84,780
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt084780
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt084780
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt058
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt058
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025565
IRS990EZ/TotalProgramServiceExpensesAmt084780
IRS990EZ/TotalRevenueAmt036415
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt036280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt086380
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt086380
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt036280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt020000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt086380
IRS990ScheduleA/TotalSupportAmt086380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL FEES REVERSED 135.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK FEE 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DONATIONS / CONTRIBUTIONS 25535.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROGRAM RELATED INVESTMENT- NON INTEREST LOAN TO SMALL BUSINESS 53580. 84780.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DUE TO EQUISHARES 58. 58.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MORDCHAY PROBKEVITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05168580215
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-07
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011516
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0788A830651080AC87BD4BB2A522BE8D18E199961
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0788A830651080AC87BD4BB2A522BE8D18E199961
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt069.118.134.194
ReturnHeader/FilingSecurityInformation/IPDt02018-05-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm017:26:00
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/PreparationDt02018-05-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARA RUCHELSMAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-08T17:26:06-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$86,427
Liabilities
$58
Net assets
$86,369
Revenue
$36,415
Expenses
$25,565
Net income
$10,850
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