Civic Intelligence

The Carl Vincent Bini Memorial Fund

990 • Fiscal year 2013 • EIN 32-0144539

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 24, 2014

18 Hervey Street10309

(718) 412-1851

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2013 filings • NTEE W • <$500k nonprofits • Source year 2013

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2013 filings • NTEE W • <$500k nonprofits • Source year 2013

Net Margin

16th percentile

-27%

Higher net margin than 16% of similar nonprofits.

2013 filings • NTEE W • <$500k nonprofits • Source year 2013

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2013 filings • NTEE W • <$500k nonprofits • Source year 2013

Asset Growth

8th percentile

-35%

Faster asset growth than 8% of similar nonprofits.

2013 filings • NTEE W • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$227,026

Down $122,049 (-35%) from 2012

Net Assets

Down

$222,414

Down $118,661 (-35%) from 2012

Liabilities

Down

$4,612

Down $3,388 (-42%) from 2012

Revenue

$443,600

No earlier filing loaded for comparison.

Expenses

Up

$562,261

Up $432,267 (+333%) from 2012

Net Income

-$118,661

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $35,290Liabilities 2010: $0Net Assets 2010: $35,2902010Assets 2011: $42,892Liabilities 2011: $0Net Assets 2011: $42,8922011Assets 2012: $349,075Liabilities 2012: $8,000Net Assets 2012: $341,0752012Assets 2013: $227,026Liabilities 2013: $4,612Net Assets 2013: $222,4142013Assets 2015: $212,122Liabilities 2015: $5,128Net Assets 2015: $206,9942015Assets 2016: $207,913Liabilities 2016: $42,290Net Assets 2016: $165,6232016Assets 2018: $220,499Liabilities 2018: $61,310Net Assets 2018: $159,1892018Assets 2019: $294,442Liabilities 2019: $69,238Net Assets 2019: $225,2042019Assets 2020: $352,625Liabilities 2020: $48,870Net Assets 2020: $303,7552020Assets 2022: $399,206Liabilities 2022: $73,664Net Assets 2022: $325,5422022Assets 2024: $581,902Liabilities 2024: $98,885Net Assets 2024: $483,0172024

Highlighted filing

2013

Assets$227,026
Liabilities$4,612
Net Assets$222,414

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $11,0622010Expenses 2011: $32,9892011Expenses 2012: $129,9942012Revenue 2013: $443,600Expenses 2013: $562,261Net Income 2013: -$118,6612013Revenue 2015: $187,460Expenses 2015: $156,160Net Income 2015: $31,3002015Revenue 2016: $123,306Expenses 2016: $160,827Net Income 2016: -$37,5212016Revenue 2018: $129,254Expenses 2018: $115,668Net Income 2018: $13,5862018Revenue 2019: $198,091Expenses 2019: $132,076Net Income 2019: $66,0152019Revenue 2020: $254,685Expenses 2020: $176,134Net Income 2020: $78,5512020Revenue 2022: $213,497Expenses 2022: $164,001Net Income 2022: $49,4962022Revenue 2024: $344,929Expenses 2024: $194,745Net Income 2024: $150,1842024

Highlighted filing

2013

Revenue$443,600
Expenses$562,261
Net Income-$118,661
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 24, 2014
Return Version
2013v3.1
Gross Receipts
$443,600
Mission and Program Overview

Mission

To provide aid for those in need within our community and beyond through scholarships, emergency grants, and special needs assistance in times of crisis, Through these acts of charity for those who desparately need aid now, it hopes to memorialize the heroism of our fallen hero. Significant activities include the annual golf event that publicizes awarness and fosters donations.

The organization supports the community through scholaships, emergency grants, nd special need assistance. The organization is uniquely positioned to adapt to the changing needs of the community, especially in times of crisis. The organization holds various events, such as it's annual golf outing to raise money to help fulfill its mission of providing aid to those in need on staten island.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$286,062$186,833▼ $99,229
Intangible Assets-$14,166-
Pledges and Grants Receivable$31,659$11,678▼ $19,981
Investments Other Securities$10,000--
Land, Buildings, and Equipment, Net$3,884$9,899▲ $6,015
Accounts Receivable$8,470--
Prepaid Expenses and Deferred Charges$9,000$4,450▼ $4,550
Total Assets$349,075$227,026▼ $122,049
Liabilities
Accounts Payable and Accrued Expenses$8,000$4,612▼ $3,388
Total Liabilities$8,000$4,612▼ $3,388
Net Assets / Fund Balance
Unrestricted Net Assets$63,321$134,930▲ $71,609
Temporarily Rstr Net Assets$277,754$87,484▼ $190,270
Total Net Assets Fund Balance$341,075$222,414▼ $118,661
Total Liabilities and Net Assets / Fund Balance$349,075$227,026▼ $122,049

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,899$1,195$11,094
Compensation and Service Providers

Board Members and Trustees

NameTitle
Massimo DidonnaPresident and Chairman
Desiree DidonnaExec VP and Secretary
Christine BiniExec VP and Treasurer
Anthony GerardiMember
Anthony RappaciuloMember
Chris ChanodMember
Evan CoppMember
Frank ProvenzanoMember
Kevin JamisonMember
Maria ScaliseMember
Michael GregorioMember
Rosemarie CorvinoMember
Stefanie BiniMember
Revenue and Support

Revenue Composition

Contributions and Grants
$443,600
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$443,600
Change in Net Assets
$-118,661
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$259,180
Other Expenses$256,606
Salaries, Compensation, and Employee Benefits$46,475
Total Fundraising Expense$43,021
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$259,180--$259,180
Occupancy$77,500$2,000$0$79,500
All Other Expenses$71,105$6,521$0$77,626
Other Salaries and Wages$46,475$0$0$46,475
Other Expenses$3,623$1,811$20,806$26,240
Advertising$5,012$1,843$19,011$25,866
Insurance$2,939$1,469$2,851$7,259
Depreciation Depletion$1,498$1,412$0$2,910
Information Technology$1,759$864$0$2,623
Office Expenses$397$111$240$748
Total Functional Expenses$492,065$27,175$43,021$562,261
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$18,280$10,396-$10,396
Event 1$89,112$5,000-$5,000
Total Events$175,992$15,396-$15,396
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberPurchased ServicesNo$1,000
Governance and Compliance

Governance Checklist

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

Filer

EIN
32-0144539
Phone
7184121851

Signing Officer

Name
Massimo Didonna
Title
President
Phone
7184121851
Signed
2014-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Massimo Didonna
Formed
2009
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
40

Preparer

Preparer
Rebecca Iacobellis
Phone
3474604895
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

The board did not have any conflicts but if there were any, they would be discussed at the monthly meetings.

Pt VI, Line 11B

The return is reviewed at the board meeting

Pt VI, Line 2

A business transaction was done with a board member for $1000.

Form 990, Part IX, Line 24F

Utilities 7352. 5914. 1438. 0. Sponsorship 3500. 2333. 1167. 0. Repairs 7359. 4905. 2454. 0. Meals 1462. 0. 1462. 0. Carls house 22916. 22916. 0. 0. Bad debt expense 35037. 35037. 0. 0.

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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0428045
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt042600
IRS990/PYOtherExpensesAmt087394
IRS990/PYRevenuesLessExpensesAmt0298051
IRS990/PYTotalExpensesAmt0129994
IRS990/PYTotalRevenueAmt0428045
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-118661
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0274914
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0443600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0443600
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0443600
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0443600
IRS990ScheduleA/Total509Grp/TotalAmt0443600
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0443600
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/OtherLandBuildingsGrp/BookValueAmt09899
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01195
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011094
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09899
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0160596
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt084112
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt07884
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt068600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt089112
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt018280
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt068600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0175992
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010396
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015396
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0BIKERS FOR BINI
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0SANDY ABOVE
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt015396
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0149822
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt141118
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt232330
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt331910
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt44000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FUNDS GIVEN TO SANDY VICTIMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1FUNDS GIVEN TO CHILD WITH HEART PROBLEMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2MATERIALS AND MEALS GIVEN TO SANDY VICTIMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3FUNDS GIVEN TO VARIOUS FAMILIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt357
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt42
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10PRO-SHO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PURCHASED SERVICES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board did not have any conflicts but if there were any, they would be discussed at the monthly meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The return is reviewed at the board meeting
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A business transaction was done with a board member for $1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UTILITIES 7352. 5914. 1438. 0. SPONSORSHIP 3500. 2333. 1167. 0. REPAIRS 7359. 4905. 2454. 0. MEALS 1462. 0. 1462. 0. CARLS HOUSE 22916. 22916. 0. 0. BAD DEBT EXPENSE 35037. 35037. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0277754
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt087484
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0349075
IRS990/TotalAssetsEOYAmt0227026
IRS990/TotalAssetsGrp/BOYAmt0349075
IRS990/TotalAssetsGrp/EOYAmt0227026
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0443600
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt043021
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027175
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0492065
IRS990/TotalFunctionalExpensesGrp/TotalAmt0562261
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08000
IRS990/TotalLiabilitiesEOYAmt04612
IRS990/TotalLiabilitiesGrp/BOYAmt08000
IRS990/TotalLiabilitiesGrp/EOYAmt04612
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0341075
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0222414
IRS990/TotalProgramServiceExpensesAmt0492065
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0443600
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0349075
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0227026
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt063321
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0134930
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1018 HERVEY STREET

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