Civic Intelligence

Nassans Place

990 • Fiscal year 2023 • EIN 27-3755941

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

PO Box 833East Orange, NJ 07019

(973) 424-7781

Siviq Scores

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

Liabilities / Assets

95th percentile

2.16x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.13x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Net Margin

21st percentile

-31%

Higher net margin than 21% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Top Officer Pay

100th percentile

$92,280

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 28.1% of source-year revenue.

2023 filings • NTEE Z99 • <$500k nonprofits • Source year 2023

Asset Growth

3rd percentile

-84%

Faster asset growth than 3% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

26th percentile

-27%

Faster revenue growth than 26% of similar nonprofits.

2023 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$19,256

Down $100,461 (-84%) from 2022

Net Assets

Down

-$22,272

Down $141,989 (-119%) from 2022

Liabilities

Up

$41,528

Up $41,528 from 2022

Revenue

Down

$328,006

Down $121,266 (-27%) from 2022

Expenses

Up

$428,467

Up $80,571 (+23%) from 2022

Net Income

Down

-$100,461

Down $201,837 (-199%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2019: $13,103Net Assets 2019: $13,1032019Assets 2020: $18,299Net Assets 2020: $18,2992020Assets 2021: $18,341Liabilities 2021: $0Net Assets 2021: $18,3412021Assets 2022: $119,717Liabilities 2022: $0Net Assets 2022: $119,7172022Assets 2023: $19,256Liabilities 2023: $41,528Net Assets 2023: -$22,2722023Assets 2024: $522,752Liabilities 2024: $32,692Net Assets 2024: $490,0602024

Highlighted filing

2023

Assets$19,256
Liabilities$41,528
Net Assets-$22,272

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2019: $171,332Expenses 2019: $159,343Net Income 2019: $11,9892019Revenue 2020: $181,308Expenses 2020: $176,112Net Income 2020: $5,1962020Revenue 2021: $226,035Expenses 2021: $225,993Net Income 2021: $422021Revenue 2022: $449,272Expenses 2022: $347,896Net Income 2022: $101,3762022Revenue 2023: $328,006Expenses 2023: $428,467Net Income 2023: -$100,4612023Revenue 2024: $956,716Expenses 2024: $444,384Net Income 2024: $512,3322024

Highlighted filing

2023

Revenue$328,006
Expenses$428,467
Net Income-$100,461
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$328,006
Mission and Program Overview

Mission

Nassan's Place is a 501c3 nonprofit corporation that is helping to make a difference in the lives of children and families affected by autism in and around under-served communities by providing educational and recreational programs social outings and resources.

Nassans Place is a 501C3 nonprofit corporation that is helping to make a difference in the lives of children and families effected by autism in and around under-served inner-city communities by providing access to affordable educational and recreational programs sensory friendly events and activities and other support services including advocacy and wellness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$119,717$19,256▼ $100,461
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$119,717$-22,272▼ $141,989
Total Assets$119,717$19,256▼ $100,461
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$0$41,528▲ $41,528
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$41,528▲ $41,528
Net Assets / Fund Balance
Total Net Assets Fund Balance$119,717$-22,272▼ $141,989
Total Liabilities and Net Assets / Fund Balance$119,717$19,256▼ $100,461
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nadine Wright-arbubakrrExecutive DirectorFT$92,280$92,280

Board Members and Trustees

NameTitle
Catherine CruzVice-president
Gerald MurphyBoard Member
Gloria JonesBoard Member
Rodney JenkinsBoard Member
Ted GreenBoard Member
William ParrishBoard Member
Zelma CrumpBoard Member
Osner CharlesSecretary
Patricia WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$267,385
Program Service Revenue
$60,621
Investment Income
$0
Other Revenue
$0
All Other Contributions
$95,072
Change in Net Assets
$-100,461
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$222,415
Other Expenses$206,052
Total Fundraising Expense$55,576
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$84,270$45,865$0$130,135
All Other Expenses$64,677$8,972$55,576$129,225
Current Officers, Directors, Trustees, and Key Employees$13,075$79,205$0$92,280
Travel$0$20,241$0$20,241
Advertising$0$10,923$0$10,923
Fees for Services Accounting$0$6,211$0$6,211
Office Expenses$0$4,630$0$4,630
Information Technology$0$3,809$0$3,809
Insurance$0$2,231$0$2,231
Conferences and Meetings$0$1,371$0$1,371
Other Expenses$160$0$0$160
Total Functional Expenses$189,433$183,458$55,576$428,467
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$27,237$27,237$4,817$22,420
Autism Awaress Day$24,711$24,711$365$24,346
Total Events$94,538$94,538$55,576$38,962
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$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 12C

Board Members key executives and all staff are required to review and sign the conflict of interest policy on an annual basis and disclose business entity which provided services to Nassans Place or their spouses have an interest any provided services to Nassans Place or their spouses have an interest any exceptions are shared with the executive committee of the board for approval. Also required to be listed is an entity whether business institution or non-profit organization with which they are currently affiliated with in any

Part VI, Line 15

The compensation committee of the Board reviews the executive director salary of several national non-profits of similar size and scope when determining appropriate compensation for Nassans Place for the executive director. Nassans Place has a formal compensation structure based on market data of similar sized national non-profits which determines a salary range by job. Nassans Place aims to pay individuals at competitive market rates to the median.

Part VI, Line 19

Nassans Place financial statements and Form 990are available upon request. Nassans Place Form 1023 Conflict of Interest policy and by-laws are available upon request.

Filing and Contact Details

Filer

Filer Name
Nassans Place
EIN
27-3755941
In Care Of
% Nadine Wright Arbubakrr
Phone
9734247781
Address
PO BOX 833, East Orange, NJ 07019

Signing Officer

Name
Nadine Wright Arbubakrr
Title
Executive Director
Signed
2024-11-15

Organization Details

Principal Officer
Nadine Wright-Arbubakrr
Formed
2012
Legal Domicile
Nj
Voting Board Members
10
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Part IX, Line 24E

BACK PACK & SCHOOL GIVEAWAY & ANNUAL BBQ: $2,472; AUTISM MOM & CAREGIVERS ENRICHMENT PROGRAM: $15,035; FAMILY SUPPORT RESPITE SERVICES - $19,608; HOLIDAY CELEBRATION: $6,879; MEN ENRICHMENT PROGRAM: $3,795; SENSORY FRIENDLY OUTDOOR & INDOR ACTIVITITIES $10,231; Sensory Friendly Social Outing Dance for individuals on a spectrum $4,977; TRUNK & TREAT CELEBRATION: $1,680 FUNDRAISING EXPENSE : $55,576 Comedy for a Cause $11,454 Gala $20,803; Autism Awareness Day $2580 Night of Elegance $12,837; Nassan 5K Walk $3234; Katydids WWW Fundraising $3345; COLOR PURPLE SCREENING $1,323 LOAN $8,972

Part XI, Line 9

| Description:, Explanation:, Amount:| Booked the loan payable adjustment $41,528 - The loan payable amount -41,528 cash asset balance $19 256 resulted with a negative retained earnings for $-22,227,77 r, My net asset balance is less than total liability &amount which caused a negative retained earnings., $-41528|

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
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IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03809
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IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02231
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IRS990/InsuranceGrp/TotalAmt02231
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