Civic Intelligence

Life Vest Inside Inc.

990EZ • Fiscal year 2017 • EIN 27-3828685

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 06, 2018

2101 Ocean ParkwayBrooklyn, NY 11223

(347) 292-9584

Siviq Scores

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

Liabilities / Assets

81st percentile

0.26x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.11x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Net Margin

76th percentile

26%

Higher net margin than 76% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2017 filings • NTEE P20 • <$500k nonprofits • Source year 2017

Asset Growth

90th percentile

175%

Faster asset growth than 90% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

66th percentile

20%

Faster revenue growth than 66% of similar nonprofits.

2017 filings • NTEE P20 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$57,098

Up $36,316 (+175%) from 2016

Net Assets

Up

$42,466

Up $35,877 (+544%) from 2016

Liabilities

Up

$14,632

Up $439 (+3.1%) from 2016

Revenue

Up

$136,389

Up $22,399 (+20%) from 2016

Expenses

Down

$100,512

Down $35,780 (-26%) from 2016

Net Income

Up

$35,877

Up $58,179 (+261%) from 2016

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $2,493Net Assets 2011: $2,4932011Assets 2013: $52,500Liabilities 2013: $4,797Net Assets 2013: $47,7032013Assets 2014: $17,326Liabilities 2014: $7,510Net Assets 2014: $9,8162014Assets 2015: $31,466Liabilities 2015: $2,575Net Assets 2015: $28,8912015Assets 2016: $20,782Liabilities 2016: $14,193Net Assets 2016: $6,5892016Assets 2017: $57,098Liabilities 2017: $14,632Net Assets 2017: $42,4662017Assets 2018: $42,296Liabilities 2018: $13,648Net Assets 2018: $28,6482018Assets 2021: $38,416Liabilities 2021: $7,114Net Assets 2021: $31,3022021Assets 2023: $22,203Liabilities 2023: $1,588Net Assets 2023: $20,6152023

Highlighted filing

2017

Assets$57,098
Liabilities$14,632
Net Assets$42,466

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $51,000Expenses 2011: $48,507Net Income 2011: $2,4932011Revenue 2013: $135,617Expenses 2013: $100,183Net Income 2013: $35,4342013Revenue 2014: $70,589Expenses 2014: $108,476Net Income 2014: -$37,8872014Revenue 2015: $183,023Expenses 2015: $163,948Net Income 2015: $19,0752015Revenue 2016: $113,990Expenses 2016: $136,292Net Income 2016: -$22,3022016Revenue 2017: $136,389Expenses 2017: $100,512Net Income 2017: $35,8772017Revenue 2018: $73,660Expenses 2018: $87,478Net Income 2018: -$13,8182018Revenue 2021: $96,007Expenses 2021: $61,001Net Income 2021: $35,0062021Revenue 2023: $196,646Expenses 2023: $176,031Net Income 2023: $20,6152023

Highlighted filing

2017

Revenue$136,389
Expenses$100,512
Net Income$35,877
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 6, 2018
Return Version
2017v2.2
Gross Receipts
$147,067
Mission and Program Overview

Mission

IMPROVE HUMAN RELATIONS

Program Services

DescriptionGrantsExpenses
IMPROVE HUMAN RELATIONS AND SPREAD KINDNESS THROUGHOUT THE WORLD$1,186$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ORLY WAHBAPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Life Vest Inside Inc
EIN
27-3828685
Phone
3472929584
Address
2101 OCEAN PARKWAY, BROOKLYN, NY 11223

Signing Officer

Name
President
Title
President
Phone
3472929584
Signed
2018-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Husney CPA Pc
Address
31 WEST 34TH STREET 8TH FLOOR, NEW YORK, NY 10001
Preparer
Jack Husney CPA
Phone
3474505225
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 28,027. Returns and allowances: 0. Less cost of goods sold: 10,678. Gross profit: 17,349. Cost of goods sold: inventory at beginning of year: 2,500. Merchandise purchased: 12,178. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 4,000. Cost of goods sold: 10,678.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: legal fees reimbursed. Amount: 2,500.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 559.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 1,266. Description: computer and internet. Amount: 5,853. Description: conference and events. Amount: 1,200. Description: insurance. Amount: 3,276. Description: office. Amount: 12,097. Description: outside labor. Amount: 59,307. Description: professional fees. Amount: 1,000. Description: travel. Amount: 6,952. Description: advertising. Amount: 4,168. Total to form 990-ez, line 16: 95,119.

Form 990-ez, Part II, Line 24 - Other Assets

Description: inventory. Beg. Of year amount: 2,500. End of year amount: 4,000. Description: other depreciable assets. Beg. Of year amount: 839. End of year amount: 840.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card payable. Beg. Of year amount: 2,073. End of year amount: 2,512. Description: loans payable. Beg. Of year amount: 12,120. End of year amount: 12,120.

Raw XML Appendix170 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum03472929584
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02101 OCEAN PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011223
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017443
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0116540
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IRS990EZ/DirectIndirectPltclExpendAmt00
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossSalesOfInventoryAmt028027
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LoansToFromOfficersAmt012120
IRS990EZ/LobbyingActivitiesInd00
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt042466
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06589
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042466
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ORLY WAHBA
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt095119
IRS990EZ/OtherRevenueTotalAmt02500
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0IMPROVE HUMAN RELATIONS
IRS990EZ/PrintingPublicationsPostageAmt04834
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IMPROVE HUMAN RELATIONS AND SPREAD KINDNESS THROUGHOUT THE WORLD
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01186
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt014632
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt0136389
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LIFEVESTINSIDE.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0116540
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt085959
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0183023
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0385522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt028027
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt065782
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd10
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1OPERATIONS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt110000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0MICHAEL WAHBA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1ORLY WAHBA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0VOLUNTEER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd10
IRS990ScheduleL/TotalBalanceDueAmt012120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 28,027. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 10,678. GROSS PROFIT: 17,349. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 2,500. MERCHANDISE PURCHASED: 12,178. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 4,000. COST OF GOODS SOLD: 10,678.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LEGAL FEES REIMBURSED. AMOUNT: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 559.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: BANK FEES. AMOUNT: 1,266. DESCRIPTION: COMPUTER AND INTERNET. AMOUNT: 5,853. DESCRIPTION: CONFERENCE AND EVENTS. AMOUNT: 1,200. DESCRIPTION: INSURANCE. AMOUNT: 3,276. DESCRIPTION: OFFICE. AMOUNT: 12,097. DESCRIPTION: OUTSIDE LABOR. AMOUNT: 59,307. DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 1,000. DESCRIPTION: TRAVEL. AMOUNT: 6,952. DESCRIPTION: ADVERTISING. AMOUNT: 4,168. TOTAL TO FORM 990-EZ, LINE 16: 95,119.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: INVENTORY. BEG. OF YEAR AMOUNT: 2,500. END OF YEAR AMOUNT: 4,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 839. END OF YEAR AMOUNT: 840.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: CREDIT CARD PAYABLE. BEG. OF YEAR AMOUNT: 2,073. END OF YEAR AMOUNT: 2,512. DESCRIPTION: LOANS PAYABLE. BEG. OF YEAR AMOUNT: 12,120. END OF YEAR AMOUNT: 12,120.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03472929584
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFE VEST INSIDE INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0273828685
ReturnHeader/Filer/PhoneNum03472929584
ReturnHeader/Filer/USAddress/AddressLine1Txt02101 OCEAN PARKWAY
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0207.237.167.66
ReturnHeader/FilingSecurityInformation/IPDt02018-06-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:20:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0811411606
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HUSNEY CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 WEST 34TH STREET 8TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum03474505225
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK HUSNEY CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-06-08T10:41:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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