Civic Intelligence

My Blind Spot Inc.

990 • Fiscal year 2019 • EIN 27-0223913

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 21, 2020

90 Broad Street 18th FNew York, NY 10004

(917) 533-0347

Siviq Scores

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

Liabilities / Assets

96th percentile

3.27x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

0.40x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Net Margin

13th percentile

-23%

Higher net margin than 13% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2019 filings • NTEE O50 • <$500k nonprofits • Source year 2019

Asset Growth

10th percentile

-46%

Faster asset growth than 10% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-14%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • NTEE O50 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$44,412

Down $37,949 (-46%) from 2018

Net Assets

Down

-$100,691

Down $67,220 (-201%) from 2018

Liabilities

Up

$145,103

Up $29,271 (+25%) from 2018

Revenue

Down

$365,860

Down $60,643 (-14%) from 2018

Expenses

Down

$451,080

Down $90,085 (-17%) from 2018

Net Income

Up

-$85,220

Up $29,442 (+26%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$100K$0-$100K-$200KAssets 2013: $104,385Liabilities 2013: $11,412Net Assets 2013: $92,9732013Assets 2014: $125,006Liabilities 2014: $24,946Net Assets 2014: $100,0602014Assets 2015: $108,298Liabilities 2015: $16,743Net Assets 2015: $91,5552015Assets 2016: $85,104Liabilities 2016: $9,382Net Assets 2016: $75,7222016Assets 2017: $94,019Liabilities 2017: $12,828Net Assets 2017: $81,1912017Assets 2018: $82,361Liabilities 2018: $115,832Net Assets 2018: -$33,4712018Assets 2019: $44,412Liabilities 2019: $145,103Net Assets 2019: -$100,6912019Assets 2020: $50,663Liabilities 2020: $124,247Net Assets 2020: -$73,5842020Assets 2021: $58,075Liabilities 2021: $130,821Net Assets 2021: -$72,7462021Assets 2022: $96,728Liabilities 2022: $177,844Net Assets 2022: -$81,1162022Assets 2023: $82,236Liabilities 2023: $163,928Net Assets 2023: -$81,6922023Assets 2024: $75,428Liabilities 2024: $155,221Net Assets 2024: -$79,7932024

Highlighted filing

2019

Assets$44,412
Liabilities$145,103
Net Assets-$100,691

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2013: $127,100Expenses 2013: $83,835Net Income 2013: $43,2652013Revenue 2014: $169,297Expenses 2014: $162,210Net Income 2014: $7,0872014Revenue 2015: $207,504Expenses 2015: $216,009Net Income 2015: -$8,5052015Revenue 2016: $287,634Expenses 2016: $303,467Net Income 2016: -$15,8332016Revenue 2017: $351,883Expenses 2017: $346,414Net Income 2017: $5,4692017Revenue 2018: $426,503Expenses 2018: $541,165Net Income 2018: -$114,6622018Revenue 2019: $365,860Expenses 2019: $451,080Net Income 2019: -$85,2202019Revenue 2020: $256,149Expenses 2020: $229,042Net Income 2020: $27,1072020Revenue 2021: $298,458Expenses 2021: $298,520Net Income 2021: -$622021Revenue 2022: $264,015Expenses 2022: $274,785Net Income 2022: -$10,7702022Revenue 2023: $223,114Expenses 2023: $226,090Net Income 2023: -$2,9762023Revenue 2024: $169,551Expenses 2024: $170,053Net Income 2024: -$5022024

Highlighted filing

2019

Revenue$365,860
Expenses$451,080
Net Income-$85,220
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 21, 2020
Return Version
2019v5.0
Gross Receipts
$365,860
Mission and Program Overview

Mission

The purpose of the organization is to advance equal access and promote understanding, respect and opportunity for the blind, the visually impaired and the print disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$80,177$106,398▲ $26,221
Cash and Non-Interest-Bearing Accounts$15,061$13,273▼ $1,788
Land, Buildings, and Equipment, Net$13,302$10,243▼ $3,059
Accounts Receivable$37,769$4,400▼ $33,369
Prepaid Expenses and Deferred Charges$1,229$1,496▲ $267
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$82,361$44,412▼ $37,949
Other Assets Total$15,000$15,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$25,215$31,636▲ $6,421
Other Liabilities$10,440$7,069▼ $3,371
Total Liabilities$115,832$145,103▲ $29,271
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,000$12,000→ $0
Net Assets Without Donor Restrictions$-45,471$-112,691▼ $67,220
Total Net Assets Fund Balance$-33,471$-100,691▼ $67,220
Total Liabilities and Net Assets / Fund Balance$82,361$44,412▼ $37,949

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,243$23,745$33,988
Other Assets Org$15,000--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$12,526
Program Service Revenue
$353,334
Investment Income
$0
Other Revenue
$0
All Other Contributions
$12,526
Change in Net Assets
$-85,220
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$309,588
Salaries, Compensation, and Employee Benefits$141,492
Total Fundraising Expense$40,146
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$101,558$23,922-$125,480
Fees for Services Other$17,733$26,683-$44,416
Advertising-$1,745$30,759$32,504
Travel$21,400-$9,387$30,787
Fees for Services Accounting-$24,800-$24,800
Fees for Services Legal-$21,341-$21,341
Conferences and Meetings$18,795--$18,795
Occupancy-$18,000-$18,000
Office Expenses$3$16,995-$16,998
Payroll Taxes$10,132$5,880-$16,012
Depreciation Depletion-$5,848-$5,848
Insurance-$3,295-$3,295
Other Expenses$1,849$2,071-$2,071
Total Functional Expenses$258,868$152,066$40,146$451,080
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$80,177$106,398▲ $26,221
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
accrued expenses$5,200
payroll tax payable$1,869
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The President reviews the 990 with the accountant and if required discusses any issues with the board.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The president reviews with the board annually any potential conflict of intereset each boardmember may have, if applicable.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request the organization will make public the governing documents and conflict of interest policy. The financial statements are available on the organizations website.

Filing and Contact Details

Filer

Filer Name
My Blind Spot Inc
EIN
27-0223913
Phone
9175330347
Address
90 BROAD STREET 18TH F, NEW YORK, NY 10004

Signing Officer

Name
Albert Rizzi
Title
President/treas
Signed
2020-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Albert Rizzi
Formed
2009
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
14

Preparer

Firm
Steven A Scala CPA PC
Address
15 Matthews Street Suite 305, Goshen, NY 10924
Preparer
Steven A Scala
Phone
8452944200
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16250
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IRS990/PYRevenuesLessExpensesAmt0-114662
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IRS990/PYTotalExpensesAmt0541165
IRS990/PYTotalRevenueAmt0426503
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IRS990/ReconcilationRevenueExpnssAmt0-85220
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0353334
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012526
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt047508
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt052672
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt060630
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0213856
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0353334
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0382483
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0146874
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01422027
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt03500
IRS990ScheduleA/OtherIncome509Grp/TotalAmt03500
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00.99790
IRS990ScheduleA/PublicSupportPY509Pct00.99760
IRS990ScheduleA/PublicSupportTotal509Amt01635883
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0365860
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0287633
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0207504
IRS990ScheduleA/Total509Grp/TotalAmt01635883
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0426503
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0207504
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01639383
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt023745
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033988
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Patent application costs
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11869
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0accrued expenses
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1payroll tax payable
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt015000
IRS990ScheduleD/TotalLiabilityAmt07069
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0working cap
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt080177
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Albert Rizzi
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0founder
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0FOUNDER/BOARD MEMBER ADVANCED FUNDS TO THE ORGANIZATION FOR WORKING CAPITAL NEEDS.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule L, Part V Supplemental Information
IRS990ScheduleL/TotalBalanceDueAmt0106398
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The President reviews the 990 with the accountant and if required discusses any issues with the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The president reviews with the board annually any potential conflict of intereset each boardmember may have, if applicable.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon request the organization will make public the governing documents and conflict of interest policy. The financial statements are available on the organizations website.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt082361
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IRS990/TotalAssetsGrp/BOYAmt082361
IRS990/TotalAssetsGrp/EOYAmt044412
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt012526
IRS990/TotalEmployeeCnt014

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