Civic Intelligence

Salvage Fund Inc

990 • Fiscal year 2019 • EIN 31-1755634

Apr 01, 2018 to Mar 31, 2019 • Filed on Nov 12, 2019

Organization Profile
PO Box 541Yonkers, NY 10704

(914) 772-1612

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

37th percentile

-3.7%

Faster asset growth than 37% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$6,871

Down $266 (-3.7%) from 2018

Net Assets

Down

$6,871

Down $266 (-3.7%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2018

Expenses

Down

$266

Down $494 (-65%) from 2018

Net Income

Up

-$266

Up $494 (+65%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$10K$5.0K$0Assets 2012: $4,355Liabilities 2012: $0Net Assets 2012: $4,3552012Assets 2013: $4,186Liabilities 2013: $0Net Assets 2013: $4,1862013Assets 2014: $8,060Liabilities 2014: $0Net Assets 2014: $8,0602014Assets 2015: $7,906Liabilities 2015: $0Net Assets 2015: $7,9062015Assets 2016: $8,715Liabilities 2016: $0Net Assets 2016: $8,7152016Assets 2017: $7,897Liabilities 2017: $0Net Assets 2017: $7,8972017Assets 2018: $7,137Liabilities 2018: $0Net Assets 2018: $7,1372018Assets 2019: $6,871Liabilities 2019: $0Net Assets 2019: $6,8712019Assets 2020: $6,595Liabilities 2020: $0Net Assets 2020: $6,5952020

Highlighted filing

2019

Assets$6,871
Liabilities$0
Net Assets$6,871
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40K$30K$20K$10K$0-$10KExpenses 2012: $37,8112012Expenses 2013: $1692013Revenue 2014: $4,024Expenses 2014: $150Net Income 2014: $3,8742014Revenue 2015: $0Expenses 2015: $154Net Income 2015: -$1542015Revenue 2016: $1,153Expenses 2016: $344Net Income 2016: $8092016Revenue 2017: $1,506Expenses 2017: $2,324Net Income 2017: -$8182017Revenue 2018: $0Expenses 2018: $760Net Income 2018: -$7602018Revenue 2019: $0Expenses 2019: $266Net Income 2019: -$2662019Revenue 2020: $0Expenses 2020: $276Net Income 2020: -$2762020

Highlighted filing

2019

Revenue$0
Expenses$266
Net Income-$266
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Nov 12, 2019
Return Version
2018v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

To better the quality of life

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,137$6,871▼ $266
Cap Stk Tr Prin Current Funds$7,137$6,871▼ $266
Total Assets$7,137$6,871▼ $266
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,137$6,871▼ $266
Total Liabilities and Net Assets / Fund Balance$7,137$6,871▼ $266
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Paul B SilbyPres/Treas
Margaret SilbySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-266
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$166
Grants and Similar Amounts Paid$100
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$166--$166
Grants to Domestic Orgs$100--$100
Total Functional Expenses$266$0$0$266
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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

Governance Explanations

Part VI No.2

“The President and Secretary are married”

Part VI No. 6

“The Organization has members not stockholders”

Part VI No. 7A

“No individual person jhas authority or power to appoint a member of the governing body”

Part VI No. 11

“Each member is provided a copy of the filing and given explanation of the items comprising the filing. All are encouraged to make inquiries of any item not clear.”

Part VI No. 12

“At the annual meeting all parties are informed of the Organization's investments(if any) and planned activities and are required by affirmative response, to indicate”

Part VI No. 125 cont

“whether or not they have any interest(s) that might give”

Part VI No. 19

“The Organization makes all required documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Salvage Fund Inc
EIN
31-1755634
Phone
9147721612
Address
PO BOX 541, Yonkers, NY 10704

Signing Officer

Name
Paul B Silby
Title
Pres/Treas
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul B Silby
Formed
2001
Legal Domicile
Ny
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
PBS Accounting
Address
PO Box 499, TUCKAHOE, NY 10707-0499
Preparer
Paul B Silby
Phone
9144760734
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4At the annual meeting all parties are informed of the Organization's investments(if any) and planned activities and are required by affirmative response, to indicate
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI No. 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part VI No. 125 cont
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Part VI No. 19
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ReturnHeader/BuildTS02020-01-14 16:20:31Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,871
Liabilities
$0
Net assets
$6,871
Revenue
$0
Expenses
$266
Net income
-$266
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$6.60$0.00$6.60$0.00$0.28$0.28
2019Detailed filing. Detailed filing data is available for this year.$6.87$0.00$6.87$0.00$0.27$0.27
2018Detailed filing. Detailed filing data is available for this year.$7.14$0.00$7.14$0.00$0.76$0.76
2017Detailed filing. Detailed filing data is available for this year.$7.90$0.00$7.90$1.51$2.32$0.82
2016Detailed filing. Detailed filing data is available for this year.$8.72$0.00$8.72$1.15$0.34$0.81
2015Detailed filing. Detailed filing data is available for this year.$7.91$0.00$7.91$0.00$0.15$0.15
2014Detailed filing. Detailed filing data is available for this year.$8.06$0.00$8.06$4.02$0.15$3.87
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.00$4.19$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.36$0.00$4.36$37.8