The Get Reel Foundation Inc

990EZ • Fiscal year 2020 • EIN 30-0757637

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 27, 2021

Organization Profile WWW.GETREELFOUNDATION.ORG

C/O Wolf Weissman 450 7th Ave 909New York, NY 10123

(212) 967-7300

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

-467%

Higher net margin than 3% of similar nonprofits.

2020 filings • NTEE B80 • <$500k nonprofits • Source year 2020

Higher top officer pay than 84% of similar nonprofits.

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

2020 filings • NTEE B • <$500k nonprofits • Source year 2020

-43%

Faster asset growth than 8% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

-75%

Faster revenue growth than 12% of similar nonprofits.

2020 filings • NTEE B • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$12,140

Down $9,335 (-43%) from 2019

Net Assets

Down

$12,140

Down $9,335 (-43%) from 2019

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin3rd percentile

Revenue

Down

$2,000

Down $6,000 (-75%) from 2019

Expenses

Down

$11,335

Down $19,927 (-64%) from 2019

Net Income

-$9,335

Up $13,927 (+60%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

Highlighted filing

2020

Assets$12,140

Liabilities-

Net Assets$12,140

Open 2020 Filing

Operations Trend

Revenue Growth12th percentile

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

Highlighted filing

2020

Revenue$2,000

Expenses$11,335

Net Income-$9,335

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Jun 27, 2021
Return Version: 2020v4.0
Gross Receipts: $2,000

Mission and Program Overview

Mission

The organization's mission is to bring together high school students with top professionals in the television and film industry to expose them to the art of video, television and film production as a means to encourage involvement with the communities where these young persons live.

Program Services

Description	Grants	Expenses
THE ORGANIZATION'S EXEMPT PURPOSE IS TO BRING TOGETHER HIGH SCHOOL STUDENTS WITH TOP PROFESSIONALS IN THE TELEVISION AND FILM INDUSTRY TO EXPOSE THEM TO THE ART OF VIDEO, TELEVISION AND FILM PRODUCTION AS A MEANS TO ENCOURAGE INVOLVEMENT WITH THE COMMUNITIES WHERE THESE YOUNG PERSONS LIVE. STUDENTS WILL LEARN ABOUT THESE PROFESSIONS AND THE PERSONAL SACRIFICES NEEDED TO ADVANCE CAREERS IN THESE FIELDS. THE ORGANIZATION MAKES GRANTS FOR SCHOLARSHIPS TO THE HIGHER EDUCATION INSTITUTIONS WHERE THE STUDENTS FROM THE PROGRAM HAVE BEEN ACCEPTED.	-	$11,335

Compensation and Service Providers

Top Officer Pay84th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
SADE O BADERINWA	President	-	$0	-	-
SHEILA DURANT	Vice-Preside	-	$0	-	-
EDIE FOSTER	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: The Get Reel Foundation Inc
EIN: 30-0757637
Phone: 2129677300
Address: C/O WOLF WEISSMAN 450 7TH AVE 909, NEW YORK, NY 10123

Signing Officer

Name: Sade O Baderinwa
Title: President
Phone: 2129677300
Signed: 2021-06-27
Discuss with paid preparer: Yes

Preparer

Firm: WOLF WEISSMAN CPA'S PC
Address: 450 SEVENTH AVE STE 909, NEW YORK, NY 10123
Preparer: Gary Weissman
Phone: 2129677300

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses non-investment depreciation 9,370 total 9,370”

Form 990-ez, Part II, Line 24

“Film equipment 218,601 218,601 less accumulated depreciation 209,231 218,601 due from bank 0 0 total 9,370 0”

Form 990-ez, Part III

“The organization's mission is to bring together high school students with top professionals in the television and film industry to expose them to the art of video, television and film production as a means to encourage involvement with the communities where these young persons live.”

Form 990-ez, Part III, Line 28

“The organization's exempt purpose is to bring together high school students with top professionals in the television and film industry to expose them to the art of video, television and film production as a means to encourage involvement with the communities where these young persons live. Students will learn about these professions and the personal sacrifices needed to advance careers in these fields. The organization makes grants for scholarships to the higher education institutions where the students from the program have been accepted.”

Raw XML Appendix130 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
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	SADE O BADERINWA
CompensationExplanation/CompensationExplanationGrp/PersonNm	1	SHEILA DURANT
CompensationExplanation/CompensationExplanationGrp/PersonNm	2	EDIE FOSTER
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/AddressChangeInd	0	X
IRS990EZ/BooksInCareOfDetail/PersonNm	0	ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2129677300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	450 SEVENTH AVENUE STE 909
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	10123
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	12105
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	12140
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	2000
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-9335
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1965
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	21475
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	12140
IRS990EZ/GrossReceiptsAmt	0	2000
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	21475
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	12140
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	21475
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	12140
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	SADE O BADERINWA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	SHEILA DURANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	EDIE FOSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	9370
IRS990EZ/OtherExpensesTotalAmt	0	9370
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATION'S MISSION IS TO BRING TOGETHER HIGH SCHOOL STUDENTS WITH TOP PROFESSIONALS IN THE TELEVISION AND FILM INDUSTRY TO EXPOSE THEM TO THE ART OF VIDEO, TELEVISION AND FILM PRODUCTION AS A MEANS TO ENCOURAGE INVOLVEMENT WITH THE COMMUNITIES WHERE THESE YOUNG PERSONS LIVE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATION'S EXEMPT PURPOSE IS TO BRING TOGETHER HIGH SCHOOL STUDENTS WITH TOP PROFESSIONALS IN THE TELEVISION AND FILM INDUSTRY TO EXPOSE THEM TO THE ART OF VIDEO, TELEVISION AND FILM PRODUCTION AS A MEANS TO ENCOURAGE INVOLVEMENT WITH THE COMMUNITIES WHERE THESE YOUNG PERSONS LIVE. STUDENTS WILL LEARN ABOUT THESE PROFESSIONS AND THE PERSONAL SACRIFICES NEEDED TO ADVANCE CAREERS IN THESE FIELDS. THE ORGANIZATION MAKES GRANTS FOR SCHOLARSHIPS TO THE HIGHER EDUCATION INSTITUTIONS WHERE THE STUDENTS FROM THE PROGRAM HAVE BEEN ACCEPTED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	11335
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NY
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	11335
IRS990EZ/TotalProgramServiceExpensesAmt	0	11335
IRS990EZ/TotalRevenueAmt	0	2000
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	WWW.GETREELFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	2000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	8000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	50000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	50060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	50000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	160060
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	0.95060
IRS990ScheduleA/PublicSupportTotal170Amt	0	160060
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	2000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	8000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	50000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	50060
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	50000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	160060
IRS990ScheduleA/TotalSupportAmt	0	160060
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES NON-INVESTMENT DEPRECIATION 9,370 TOTAL 9,370
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	FILM EQUIPMENT 218,601 218,601 LESS ACCUMULATED DEPRECIATION 209,231 218,601 DUE FROM BANK 0 0 TOTAL 9,370 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	THE ORGANIZATION'S MISSION IS TO BRING TOGETHER HIGH SCHOOL STUDENTS WITH TOP PROFESSIONALS IN THE TELEVISION AND FILM INDUSTRY TO EXPOSE THEM TO THE ART OF VIDEO, TELEVISION AND FILM PRODUCTION AS A MEANS TO ENCOURAGE INVOLVEMENT WITH THE COMMUNITIES WHERE THESE YOUNG PERSONS LIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	THE ORGANIZATION'S EXEMPT PURPOSE IS TO BRING TOGETHER HIGH SCHOOL STUDENTS WITH TOP PROFESSIONALS IN THE TELEVISION AND FILM INDUSTRY TO EXPOSE THEM TO THE ART OF VIDEO, TELEVISION AND FILM PRODUCTION AS A MEANS TO ENCOURAGE INVOLVEMENT WITH THE COMMUNITIES WHERE THESE YOUNG PERSONS LIVE. STUDENTS WILL LEARN ABOUT THESE PROFESSIONS AND THE PERSONAL SACRIFICES NEEDED TO ADVANCE CAREERS IN THESE FIELDS. THE ORGANIZATION MAKES GRANTS FOR SCHOLARSHIPS TO THE HIGHER EDUCATION INSTITUTIONS WHERE THE STUDENTS FROM THE PROGRAM HAVE BEEN ACCEPTED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	SADE O BADERINWA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2129677300
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	THE GET REEL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	GETR
ReturnHeader/Filer/EIN	0	300757637
ReturnHeader/Filer/PhoneNum	0	2129677300
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	C/O WOLF WEISSMAN 450 7TH AVE 909
ReturnHeader/Filer/USAddress/CityNm	0	NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	10123
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	133423153
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	WOLF WEISSMAN CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	450 SEVENTH AVE STE 909
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	10123
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2129677300
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2021-07-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	GARY WEISSMAN
ReturnHeader/ReturnTs	0	2021-07-19T09:16:57-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	SADE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	BADERINWA
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $12,140
Liabilities: -
Net assets: $12,140
Revenue: $2,000
Expenses: $11,335
Net income: -$9,335

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2020Detailed filing. Detailed filing data is available for this year.	$0.12		$0.12	$0.02	$0.11	$0.09
2019Detailed filing. Detailed filing data is available for this year.	$0.21		$0.21	$0.08	$0.31	$0.23
2018Detailed filing. Detailed filing data is available for this year.	$0.45		$0.45	$0.50	$0.84	$0.34
2017Detailed filing. Detailed filing data is available for this year.	$0.78		$0.78	$0.50	$0.84	$0.34
2016Detailed filing. Detailed filing data is available for this year.	$1.12		$1.12	$0.50	$0.83	$0.33
2015Detailed filing. Detailed filing data is available for this year.	$1.45		$1.45	$0.36	$0.56	$0.20
2013Detailed filing. Detailed filing data is available for this year.	$1.97	$0.00	$1.97	$2.19	$0.22	$1.97