Civic Intelligence

Park 51 Inc

990 • Fiscal year 2021 • EIN 27-3321932

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 01, 2022

Organization ProfileN/A
31 West 27th StreetNew York, NY 10001

(212) 966-9600

Siviq Scores

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

Liabilities / Assets

47th percentile

0.19x

Higher debt load relative to assets than 47% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

46th percentile

0.23x

Higher debt load relative to revenue than 46% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

100th percentile

7011%

Faster asset growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

100th percentile

246767%

Faster revenue growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$32,004,681

Up $31,554,602 (+7011%) from 2020

Net Assets

Up

$25,998,024

Up $25,553,377 (+5747%) from 2020

Liabilities

Up

$6,006,657

Up $6,001,225 (+110479%) from 2020

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin99th percentile

Revenue

Up

$25,600,148

Up $25,589,778 (+246767%) from 2020

Expenses

Down

$46,571

Down $9,120 (-16%) from 2020

Net Income

Up

$25,553,577

Up $25,598,898 (+56484%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2013: $10,196Liabilities 2013: $169,956Net Assets 2013: -$159,7602013Assets 2015: $638,961Liabilities 2015: $356Net Assets 2015: $638,6052015Assets 2016: $589,446Liabilities 2016: $4,500Net Assets 2016: $584,9462016Assets 2017: $579,396Liabilities 2017: $1,596Net Assets 2017: $577,8002017Assets 2018: $492,551Liabilities 2018: $2,845Net Assets 2018: $489,7062018Assets 2020: $450,079Liabilities 2020: $5,432Net Assets 2020: $444,6472020Assets 2021: $32,004,681Liabilities 2021: $6,006,657Net Assets 2021: $25,998,0242021Assets 2022: $32,691,347Liabilities 2022: $7,507,882Net Assets 2022: $25,183,4652022Assets 2024: $31,870,686Liabilities 2024: $7,507,402Net Assets 2024: $24,363,2842024

Highlighted filing

2021

Assets$32,004,681
Liabilities$6,006,657
Net Assets$25,998,024
Open 2021 Filing

Operations Trend

Revenue Growth100th percentile

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

$30M$20M$10M$0-$10MRevenue 2013: $181,583Expenses 2013: $75,125Net Income 2013: $106,4582013Revenue 2015: $28,266Expenses 2015: $217,237Net Income 2015: -$188,9712015Revenue 2016: $70,893Expenses 2016: $124,552Net Income 2016: -$53,6592016Revenue 2017: $53,464Expenses 2017: $60,611Net Income 2017: -$7,1472017Revenue 2018: $48,615Expenses 2018: $137,088Net Income 2018: -$88,4732018Revenue 2020: $10,370Expenses 2020: $55,691Net Income 2020: -$45,3212020Revenue 2021: $25,600,148Expenses 2021: $46,571Net Income 2021: $25,553,5772021Revenue 2022: $36,244Expenses 2022: $850,803Net Income 2022: -$814,5592022Revenue 2024: $9,384Expenses 2024: $55,231Net Income 2024: -$45,8472024

Highlighted filing

2021

Revenue$25,600,148
Expenses$46,571
Net Income$25,553,577
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.1
Gross Receipts
$25,600,148
Mission and Program Overview

Mission

An organization of rising leaders that promotes the understanding of the muslim-american identify in the heart of america, through the vehicles of education, culture and recreation. The organization also seeks to be a

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$282,934$31,785,935▲ $31,503,001
Prepaid Expenses and Deferred Charges-$140,390-
Cash and Non-Interest-Bearing Accounts$167,145$78,356▼ $88,789
Total Assets$450,079$32,004,681▲ $31,554,602
Liabilities
Mortgage Notes Payable Secured by Investment Property-$6,000,000-
Accounts Payable and Accrued Expenses$5,432$6,657▲ $1,225
Total Liabilities$5,432$6,006,657▲ $6,001,225
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$444,647$25,998,024▲ $25,553,377
Total Net Assets Fund Balance$444,647$25,998,024▲ $25,553,377
Total Liabilities and Net Assets / Fund Balance$450,079$32,004,681▲ $31,554,602

Asset Categories

AssetBook ValueDepreciationBasis
Land$31,500,000--
Equipment$0$1,723-
Leasehold Improvements$285,935--
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
Firoz ShaikhDirector
Masood Nabi QureshiDirector
Nour MousaDirector
Sammy El-gamalDirector
Sharif El-gamalDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$25,501,378
Program Service Revenue
$91,163
Investment Income
$0
Other Revenue
$7,607
All Other Contributions
$25,501,378
Change in Net Assets
$25,553,577

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Commercial1$8,500,000Appraisal
Total Noncash Contributions1$8,500,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,571
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$6,642$24,849$0$31,491
Other Expenses$7,168$6,675$0$13,843
Total Functional Expenses$13,810$32,761$0$46,571
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Filing and Contact Details

Filer

Filer Name
Park 51 Inc
EIN
27-3321932
Phone
2129669600
Address
31 WEST 27TH STREET, NEW YORK, NY 10001

Signing Officer

Name
Sharif El-gamal
Title
Director
Phone
2129669600
Signed
2022-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharif El-gamal
Formed
2010
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Olsen Pearl & Olsen
Address
302 Bar Harbor Rd, Freehold, NJ 07728
Preparer
Shaun Olsen
Phone
7323083483
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Tax return will be provided upon request for any individual desiring a copy of the 990 and was provided to the board during a board meeting before the return was filed”

Form 990, Part III, Line 4D

“To foster coopration and understanding between people of all faiths and backgrounds through 0. 0. 0.”

Form 990, Part IX, Line 24E

“Advertising 849. 0. 849. 0.”

Form 990, Part IX, Line 24E

“Rent 30642. 6642. 24000. 0.”

Raw XML Appendix368 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05432
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06657
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0AN ORGANIZATION OF RISING LEADERS THAT PROMOTES THE UNDERSTANDING OF THE MUSLIM-AMERICAN IDENTIFY IN THE HEART OF AMERICA, THROUGH THE VEHICLES OF EDUCATION, CULTURE AND RECREATION. THE ORGANIZATION ALSO SEEKS TO BE A
IRS990/AllOtherContributionsAmt025501378
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt024849
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06642
IRS990/AllOtherExpensesGrp/TotalAmt031491
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0SHARIF EL-GAMAL
IRS990/BooksInCareOfDetail/PhoneNum02129669600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt031 WEST 27TH STREET 9TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010001
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0167145
IRS990/CashNonInterestBearingGrp/EOYAmt078356
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt025501378
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt046571
IRS990/CYOtherRevenueAmt07607
IRS990/CYProgramServiceRevenueAmt091163
IRS990/CYRevenuesLessExpensesAmt025553577
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt046571
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt025600148
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0HOUSING A LOCATION FOR A FAITH COMMUNITY
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt013810
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0SHARIF EL-GAMAL
IRS990/Form990PartVIISectionAGrp/PersonNm1SAMMY EL-GAMAL
IRS990/Form990PartVIISectionAGrp/PersonNm2NOUR MOUSA
IRS990/Form990PartVIISectionAGrp/PersonNm3MASOOD NABI QURESHI
IRS990/Form990PartVIISectionAGrp/PersonNm4FIROZ SHAIKH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt025600148
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01723
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0282934
IRS990/LandBldgEquipBasisNetGrp/EOYAmt031785935
IRS990/LandBldgEquipCostOrOtherBssAmt031787658
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0AN ORGANIZATION OF RISING LEADERS THAT PROMOTES THE UNDERSTANDING OF THE MUSLIM-AMERICAN IDENTIFY IN THE HEART OF AMERICA, THROUGH THE VEHICLES OF EDUCATION, CULTURE AND RECREATION. THE ORGANIZATION ALSO SEEKS TO BE A
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06000000
IRS990/NetAssetsOrFundBalancesBOYAmt0444647
IRS990/NetAssetsOrFundBalancesEOYAmt025998024
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0444647
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt025998024
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt025501378
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0BANK CHARGES
IRS990/OtherExpensesGrp/Desc1COMPUTER SERVICES
IRS990/OtherExpensesGrp/Desc2LICENSE & FEES
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL FEES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0819
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1293
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2125
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36675
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt37168
IRS990/OtherExpensesGrp/TotalAmt0819
IRS990/OtherExpensesGrp/TotalAmt1293
IRS990/OtherExpensesGrp/TotalAmt2125
IRS990/OtherExpensesGrp/TotalAmt313843
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0PPP INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07607
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07607
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt07607
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0140390
IRS990/PrincipalOfficerNm0SHARIF EL-GAMAL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611000
IRS990/ProgramServiceRevenueGrp/BusinessCd1611000
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL CLASSES
IRS990/ProgramServiceRevenueGrp/Desc1HOUSING LOCATION FOR A FAITH COMMUNITY
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt191163
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO FOSTER COOPRATION AND UNDERSTANDING BETWEEN PEOPLE OF ALL FAITHS AND BACKGROUNDS THROUGH RELEVANT PROGRAMS AND INITIATIVES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt00
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt055691
IRS990/PYOtherRevenueAmt05883
IRS990/PYProgramServiceRevenueAmt04487
IRS990/PYRevenuesLessExpensesAmt0-45321
IRS990/PYTotalExpensesAmt055691
IRS990/PYTotalRevenueAmt010370
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt025553577
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt091163
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt025592541
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04487
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0164282
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt048615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt053464
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt025863389
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt025863389
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt025592541
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04487
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0164282
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt048615
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053464
IRS990ScheduleA/Total509Grp/TotalAmt025863389
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt025863389
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01723
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01723
IRS990ScheduleD/LandGrp/BookValueAmt031500000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt031500000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0285935
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0285935
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031785935
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0APPRAISAL
IRS990ScheduleM/RealEstateCommercialGrp/NoncashContributionsRptF990Amt08500000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN WILL BE PROVIDED UPON REQUEST FOR ANY INDIVIDUAL DESIRING A COPY OF THE 990 AND WAS PROVIDED TO THE BOARD DURING A BOARD MEETING BEFORE THE RETURN WAS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO FOSTER COOPRATION AND UNDERSTANDING BETWEEN PEOPLE OF ALL FAITHS AND BACKGROUNDS THROUGH 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADVERTISING 849. 0. 849. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RENT 30642. 6642. 24000. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4d
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0450079
IRS990/TotalAssetsEOYAmt032004681
IRS990/TotalAssetsGrp/BOYAmt0450079
IRS990/TotalAssetsGrp/EOYAmt032004681
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt025501378
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032761
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt013810
IRS990/TotalFunctionalExpensesGrp/TotalAmt046571
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05432
IRS990/TotalLiabilitiesEOYAmt06006657
IRS990/TotalLiabilitiesGrp/BOYAmt05432
IRS990/TotalLiabilitiesGrp/EOYAmt06006657
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0444647
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt025998024
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt013810
IRS990/TotalProgramServiceRevenueAmt091163
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt098770
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt025600148
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0450079
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt032004681
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt031 WEST 27TH STREET 9TH FLOOR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010001
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARIF EL-GAMAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02129669600
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARK 51 INC
ReturnHeader/Filer/BusinessNameControlTxt0PARK
ReturnHeader/Filer/EIN0273321932
ReturnHeader/Filer/PhoneNum02129669600
ReturnHeader/Filer/USAddress/AddressLine1Txt031 WEST 27TH STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0753180372
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Olsen Pearl & Olsen
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0302 Bar Harbor Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Freehold
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007728
ReturnHeader/PreparerPersonGrp/PhoneNum07323083483
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHAUN OLSEN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-15T19:49:59-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SHARIF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0EL-GAMAL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,004,681
Liabilities
$6,006,657
Net assets
$25,998,024
Revenue
$25,600,148
Expenses
$46,571
Net income
$25,553,577
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.9$7.51$24.4$0.01$0.06$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.7$7.51$25.2$0.04$0.85$0.81
2021Detailed filing. Detailed filing data is available for this year.$32.0$6.01$26.0$25.6$0.05$25.6
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.01$0.44$0.01$0.06$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.05$0.14$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.05$0.06$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.58$0.07$0.12$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.00$0.64$0.03$0.22$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.17$0.16$0.18$0.08$0.11