Civic Intelligence

Bubble Foundation Limited

990 • Fiscal year 2018 • EIN 27-2564477

Jul 01, 2018 to Nov 01, 2018 • Filed on May 01, 2019

20 Jay Street No M9Brooklyn, NY 11201

(212) 203-4956

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$0

Down $291,363 (-100%) from 2017

Net Assets

Down

$0

Down $290,334 (-100%) from 2017

Liabilities

Down

$0

Down $1,029 (-100%) from 2017

Revenue And Expenses

Revenue

Down

$2,288

Down $275,615 (-99%) from 2017

Expenses

Down

$41,530

Down $306,413 (-88%) from 2017

Net Income

Up

-$39,242

Up $30,798 (+44%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $5,719Liabilities 2011: $0Net Assets 2011: $5,7192011Assets 2012: $66,091Liabilities 2012: $0Net Assets 2012: $66,0912012Assets 2013: $139,727Liabilities 2013: $0Net Assets 2013: $139,7272013Assets 2014: $475,884Liabilities 2014: $1,734Net Assets 2014: $474,1502014Assets 2015: $465,477Liabilities 2015: $6,553Net Assets 2015: $458,9242015Assets 2016: $360,854Liabilities 2016: $480Net Assets 2016: $360,3742016Assets 2017: $291,363Liabilities 2017: $1,029Net Assets 2017: $290,3342017Assets 2018: $115,016Liabilities 2018: $418Net Assets 2018: $114,5982018Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $41,618Expenses 2011: $35,899Net Income 2011: $5,7192011Revenue 2012: $145,697Expenses 2012: $85,326Net Income 2012: $60,3712012Revenue 2013: $162,206Expenses 2013: $88,006Net Income 2013: $74,2002013Revenue 2014: $555,921Expenses 2014: $221,498Net Income 2014: $334,4232014Revenue 2015: $170,568Expenses 2015: $185,794Net Income 2015: -$15,2262015Revenue 2016: $244,498Expenses 2016: $343,048Net Income 2016: -$98,5502016Revenue 2017: $277,903Expenses 2017: $347,943Net Income 2017: -$70,0402017Revenue 2018: $252,709Expenses 2018: $428,445Net Income 2018: -$175,7362018Revenue 2018: $2,288Expenses 2018: $41,530Net Income 2018: -$39,2422018

Highlighted filing

2018

Revenue$2,288
Expenses$41,530
Net Income-$39,242
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Nov 1, 2018
Signed
May 1, 2019
Return Version
2018v3.1
Gross Receipts
$2,288
Mission and Program Overview

Mission

Bubble partners with underserved schools to deliver nutrition, fitness, and wellness programming that engages students in unique, hands-on activities that build healthy habits. Through its close partnership with school administrators, bubble programming incorporates wellness into the fabric of schools to place all kids on a path to healthy living.

Bubble foundation believes that all children should have access to the food, activities, and knowledge that empower them to live happy and healthy lives. Bubble aspires to become a community standard for school wellness programming that helps kids make the healthy choices that lead to success in school and in life. Bubble partners with underserved schools to deliver nutrition, fitness, and wellness programming that engages students in unique, hands-on activities that build healthy habits. Through its close partnership with school administrators, bubble programming incorporates wellness into the fabric of schools to place all kids on a path to healthy living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$97,982$0▼ $97,982
Pledges and Grants Receivable$10,510$0▼ $10,510
Accounts Receivable$4,557$0▼ $4,557
Prepaid Expenses and Deferred Charges$1,967$0▼ $1,967
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$115,016$0▼ $115,016
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$418--
Total Liabilities$418$0▼ $418
Net Assets / Fund Balance
Unrestricted Net Assets$108,598$0▼ $108,598
Temporarily Rstr Net Assets$6,000$0▼ $6,000
Total Net Assets Fund Balance$114,598$0▼ $114,598
Total Liabilities and Net Assets / Fund Balance$115,016$0▼ $115,016
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth RedmanExecutive DirectorFT$16,619$2,768$19,387

Board Members and Trustees

NameTitle
Amy NauiokasChairman
Audrey Del GrossoDirector
Clara ChungDirector
Harry HarrisonDirector
James ConnollyDirector
Matt WeillDirector
Rachel ChesleyDirector
Terence TubridyDirector
Nelson ChuSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$264
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,024
All Other Contributions
$264
Change in Net Assets
$-39,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$32,342
Other Expenses$9,188
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons-$16,620-$16,620
Other Salaries and Wages-$8,115-$8,115
Other Employee Benefits-$7,607-$7,607
Fees for Services Accounting-$1,558-$1,558
Other Expenses-$442-$442
Office Expenses-$433-$433
Travel-$421-$421
Total Functional Expenses$0$41,530$0$41,530
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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, Section B, Line 11B

The form 990 is prepared by the independent public accountants. The form 990 is reviewed by the board of directors and the executive director prior to filing. In addition, a copy of the form 990 is provided electronically to all board members prior to filing.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy applies to board members, employees and any other person who is in the position to exercise substantial influence over the affairs of the organization. Organization regularly monitors and enforces compliance through internal discussions and oversight.

Form 990, Part VI, Section B, Line 15A

In order to determine compensation of officers, the board reviews compensation levels at similiar not for profit organizations and through budget discussion.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available as required by law. Also, the federal form 990 which includes financial and other disclosures is available on guidestar.

Filing and Contact Details

Filer

Filer Name
Bubble Foundation Limited
EIN
27-2564477
Phone
2122034956
Address
20 JAY STREET NO M9, BROOKLYN, NY 11201

Signing Officer

Name
Amy Nauiokas
Title
Chairman
Phone
2122034956
Signed
2019-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Nauiokas
Formed
2010
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
0

Preparer

Firm
Dorfman Abrams Music LLC
Address
250 PEHLE AVE SUITE 702, SADDLE BROOK, NJ 07663
Preparer
Edward K Baltazar CPA
Phone
2014039750
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Final year contribution to edible school yard. -75,356.

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IRS990/ActivityOrMissionDesc0BUBBLE FOUNDATION BELIEVES THAT ALL CHILDREN SHOULD HAVE ACCESS TO THE FOOD, ACTIVITIES, AND KNOWLEDGE THAT EMPOWER THEM TO LIVE HAPPY AND HEALTHY LIVES. BUBBLE ASPIRES TO BECOME A COMMUNITY STANDARD FOR SCHOOL WELLNESS PROGRAMMING THAT HELPS KIDS MAKE THE HEALTHY CHOICES THAT LEAD TO SUCCESS IN SCHOOL AND IN LIFE. BUBBLE PARTNERS WITH UNDERSERVED SCHOOLS TO DELIVER NUTRITION, FITNESS, AND WELLNESS PROGRAMMING THAT ENGAGES STUDENTS IN UNIQUE, HANDS-ON ACTIVITIES THAT BUILD HEALTHY HABITS. THROUGH ITS CLOSE PARTNERSHIP WITH SCHOOL ADMINISTRATORS, BUBBLE PROGRAMMING INCORPORATES WELLNESS INTO THE FABRIC OF SCHOOLS TO PLACE ALL KIDS ON A PATH TO HEALTHY LIVING.
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IRS990/MissionDesc0BUBBLE PARTNERS WITH UNDERSERVED SCHOOLS TO DELIVER NUTRITION, FITNESS, AND WELLNESS PROGRAMMING THAT ENGAGES STUDENTS IN UNIQUE, HANDS-ON ACTIVITIES THAT BUILD HEALTHY HABITS. THROUGH ITS CLOSE PARTNERSHIP WITH SCHOOL ADMINISTRATORS, BUBBLE PROGRAMMING INCORPORATES WELLNESS INTO THE FABRIC OF SCHOOLS TO PLACE ALL KIDS ON A PATH TO HEALTHY LIVING.
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0253
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0260
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90530
IRS990ScheduleA/PublicSupportPY509Pct00.64440
IRS990ScheduleA/PublicSupportTotal509Amt0872275
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt061000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt030000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt091000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02288
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0262520
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0269430
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0253969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0175068
IRS990ScheduleA/Total509Grp/TotalAmt0963275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02288
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0262521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0269433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0253972
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0175321
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0963535
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd01
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH BALANCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CASH BALANCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0EDIBLE SCHOOLYARD NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1EDIBLE SCHOOLYARD NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02018-09-21
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12018-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0271237249
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1271237249
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt062000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt113356
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH VALUE.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1CASH VALUE.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0319 LAFAYETTE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1319 LAFAYETTE ST
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1NEW YORK
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1NY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd010012
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd110012
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0PERSON(S) INVOLVED: AMY NAUIOKAS
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2E:
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY THE INDEPENDENT PUBLIC ACCOUNTANTS. THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR PRIOR TO FILING. IN ADDITION, A COPY OF THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, EMPLOYEES AND ANY OTHER PERSON WHO IS IN THE POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF THE ORGANIZATION. ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE THROUGH INTERNAL DISCUSSIONS AND OVERSIGHT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN ORDER TO DETERMINE COMPENSATION OF OFFICERS, THE BOARD REVIEWS COMPENSATION LEVELS AT SIMILIAR NOT FOR PROFIT ORGANIZATIONS AND THROUGH BUDGET DISCUSSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE AS REQUIRED BY LAW. ALSO, THE FEDERAL FORM 990 WHICH INCLUDES FINANCIAL AND OTHER DISCLOSURES IS AVAILABLE ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINAL YEAR CONTRIBUTION TO EDIBLE SCHOOL YARD. -75,356.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt06000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0115016
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0115016
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0264
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041530
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt041530
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0418
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0418
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0114598
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt02768
IRS990/TotalReportableCompFromOrgAmt016619
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02024
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02288
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0115016
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0421
IRS990/TravelGrp/TotalAmt0421
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0108598
IRS990/UnrestrictedNetAssetsGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt020 JAY STREET NO M9
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011201
IRS990/VotingMembersGoverningBodyCnt09

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