Civic Intelligence

Commonwise Education Inc.

990 • Fiscal year 2012 • EIN 45-2201993

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 13, 2013

Organization Profilewww.commonwise.nyc
464 Black Willow Lane05445
Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2012 filings • NTEE S • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

98th percentile

461%

Faster asset growth than 98% of similar nonprofits.

2012 filings • NTEE S • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets47th percentile

Assets

Up

$287,794

Up $236,497 (+461%) from 2011

Net Assets

Up

$287,794

Up $236,497 (+461%) from 2011

Liabilities

Flat

$0

Flat from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$146,378

Up $47,675 (+48%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $51,297Liabilities 2011: $0Net Assets 2011: $51,2972011Assets 2012: $287,794Liabilities 2012: $0Net Assets 2012: $287,7942012Assets 2013: $880,353Liabilities 2013: $0Net Assets 2013: $880,3532013Assets 2014: $828,045Liabilities 2014: $17,975Net Assets 2014: $810,0702014Assets 2015: $748,554Liabilities 2015: $28,874Net Assets 2015: $719,6802015Assets 2016: $493,406Liabilities 2016: $61,678Net Assets 2016: $431,7282016Assets 2017: $1,108,391Liabilities 2017: $26,687Net Assets 2017: $1,081,7042017Assets 2018: $637,164Liabilities 2018: $49,760Net Assets 2018: $587,4042018Assets 2019: $517,755Liabilities 2019: $157,218Net Assets 2019: $360,5372019Assets 2020: $1,189,643Liabilities 2020: $182,068Net Assets 2020: $1,007,5752020Assets 2021: $784,166Liabilities 2021: $172,161Net Assets 2021: $612,0052021Assets 2022: $804,695Liabilities 2022: $37,564Net Assets 2022: $767,1312022Assets 2023: $529,521Liabilities 2023: $33,510Net Assets 2023: $496,0112023Assets 2024: $479,655Liabilities 2024: $294,107Net Assets 2024: $185,5482024

Highlighted filing

2012

Assets$287,794
Liabilities$0
Net Assets$287,794
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $98,7032011Expenses 2012: $146,3782012Revenue 2013: $1,303,500Expenses 2013: $710,941Net Income 2013: $592,5592013Revenue 2014: $130,300Expenses 2014: $175,583Net Income 2014: -$45,2832014Revenue 2015: $268,552Expenses 2015: $358,942Net Income 2015: -$90,3902015Revenue 2016: $408,558Expenses 2016: $599,504Net Income 2016: -$190,9462016Revenue 2017: $1,209,247Expenses 2017: $559,271Net Income 2017: $649,9762017Revenue 2018: $309,312Expenses 2018: $803,612Net Income 2018: -$494,3002018Revenue 2019: $786,441Expenses 2019: $1,013,308Net Income 2019: -$226,8672019Revenue 2020: $1,748,080Expenses 2020: $1,101,042Net Income 2020: $647,0382020Revenue 2021: $932,355Expenses 2021: $1,327,925Net Income 2021: -$395,5702021Revenue 2022: $1,208,790Expenses 2022: $1,318,117Net Income 2022: -$109,3272022Revenue 2023: $653,023Expenses 2023: $924,143Net Income 2023: -$271,1202023Revenue 2024: $314,772Expenses 2024: $625,235Net Income 2024: -$310,4632024

Highlighted filing

2012

Revenue-
Expenses$146,378
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 13, 2013
Return Version
2012v2.0
Gross Receipts
$382,875
Mission and Program Overview

Mission

Commonwise education, inc will provide on-line education and training in the areas of entrepreneurship,management, sustainability, organizational development and innovation to social enterprise and community development businesses, employee and cooperatively owned businesses. These services are designed to increase the success and viability of these businesses.

Filing and Contact Details

Filer

EIN
45-2201993
Raw XML Appendix388 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.

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IRS990ScheduleO/GeneralExplanation/Explanation0TAXPAYER WAS NOT AUDITED IN 2011 THEREFORE A CASH METHOD OF ACCOUNTING WAS USED WHEN PREPARING THE FORM 990. HOWEVER, SINCE THE TAXPAYER HAD BEEN AUDITED IN 2012, WE ARE USING THE ACCRUAL METHOD TO PREPARE THIS FORM 990 AND FOR FUTURE FORM 990S AS WELL.
IRS990ScheduleO/GeneralExplanation/Explanation1DISCLOSURE OF GOVERNING DOCS, POLICIES AND FINANCIAL STATEMENTS MAY BE OBTAINED UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation2NO PART OF THE INCOME OF THE CORPORATION SHALL INURE TO THE BENEFIT OF ANY DIRECTOR FOR THE PERFORMANCE OF HIS OR HER DUTIES AS DIRECTOR, EXCEPT THAT EXPENESES INCURRED BY DIRECTORS ON BEHALF OF THE CORPORATION MAY BE REIMBURSED AND REASONABLE COMPENSATION MAY BE PAID FOR SERVICES RENDERED TO OR FOR THE CORPORATION AFFECTING ONE OR MORE OF ITS PURPOSES AS SET FORTH IN THE CERTIFICATE OF INCOPORATION.
IRS990ScheduleO/GeneralExplanation/Explanation3NO PART OF THE INCOME OF THE CORPORATION SHALL INURE TO THE BENEFIT OF ANY DIRECTOR FOR THE PERFORMANCE OF HIS OR HER DUTIES AS DIRECTOR, EXCEPT THAT EXPENESES INCURRED BY DIRECTORS ON BEHALF OF THE CORPORATION MAY BE REIMBURSED AND REASONABLE COMPENSATION MAY BE PAID FOR SERVICES RENDERED TO OR FOR THE CORPORATION AFFECTING ONE OR MORE OF ITS PURPOSES AS SET FORTH IN THE CERTIFICATE OF INCOPORATION. HOWEVER, PRESIDENT JEFFREY HOLLENDER PLANS TO SPEND NO MORE THAN 50% OF HIS TIME TO CARRY OUT THE PROGRAMS AND MISSION OF COMMONWISE AND THEREFORE MAY RECEIVE COMPENSATION IN THE FUTURE, BUT NO MORE THAN $50,000.
IRS990ScheduleO/GeneralExplanation/Explanation4CONFLICT OF INTEREST POLICY WAS ADOPTED AT BOARD MEETING BY UNANIMOUS RESOLUTION DATED MAY 24, 2011. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE OF ANY CONFLICTS. TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE PROCEDURES OF ADDRESSING THE CONFLICT OF INTEREST IS AS FOLLOWS:(1) AN INTEREST PERSON SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING POSSIBLE CONFLICT OF INTEREST. ANY INTERESTED PERSON SHALL NOT ATTEMPT TO INFLUENCE THE BOARD OF DIRECTORS REGARDING THE CONFLICT MATTER; (2) THE CHAIRPERSON OF THE GOVERNING BOARD OF COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT; (3) AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST; AND (4) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/GeneralExplanation/Explanation5A COPY OF THE FORM 990 WILL BE SENT TO PRESIDENT JEFFREY HOLLENDER PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/GeneralExplanation/Explanation6THE FOLLOWING CORPORATE ACTIONS MAY NOT BE TAKEN WITHOUT APPROVAL OF THE MEMBERS: (A) A MAJORITY OF THE VOTES CAST AT A MEETING OF THE MEMBERS IS REQUIRD FOR (1) ANY AMENDMENT OF OR CHANGE TO THE CERTIFICATE OF INCORPORATION, (2) ANY AMENDMENT OR CHANGE TO THESE BY-LAWS, OR (3) A PETITION FOR JUDICIAL DISSOLUTION; (B) TWO-THIRDS OF THE VOTES CAST AT A MEETING OF THE MEMBERS, OR A MAJORITY OF THE VOTING POWER (WHICHEVER IS LESS) IS REQUIRED FOR (1) DISPOSING OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS OF THE CORPORATION, (2) APPROVAL OF A PLAN OF MERGER, (3) AUTHORIZATION OF A PLAN OF NON-JUDICIAL DISSOLUTION, OR (4) REVOCATION OF A VOLUNTARY DISSOLUTION PROCEEDING.
IRS990ScheduleO/GeneralExplanation/Explanation7THE DIRECTORS SHALL HOLD OFFICE FOR THREE (3) YEAR TERMS (EXCEPT FOR THE INITIAL BOARD); PROVIDED, HOWEVER, THAT ANY DIRECTOR ELECTED TO FILL AN UNEXPIRED TERM (WHETHER RESULTING FROM THE DEATH, RESIGNATION OR REMOVAL OR CREATED BY AN INCREASE IN THE NUMBER OF DIRECTORS) SHALL HOLD OFFICE UNTIL THE NEXT ANNUAL MEETING OF THE MEMBERS AT WHICH THE ELECTION OF DIRECTORS IS IN THE REGULAR ORDER OF BUSINESS AND UNTIL HIS SUCCESSOR IS ELECTED OR APPOINTED AND QUALIFIED. DIRECTORS MAY BE ELECTED TO ANY NUMBER OF CONSECUTIVE TERMS. DIRECTORS SHALL BE ELECTED AT THE ANNUAL MEETING OF THE MEMBERS BY A PLURALITY OF THE VOTES CAST OR BY MEMBERSHIP ACTION WITHOUT A MEETING PURSUANT TO ACTIONS BY THE MEMBERS (EXCEPT AS OTHERWISE PROVIDED BY STATUTE OR BY THE CORPORATION'S BY-LAWS, ANY CORPORATE ACTION AUTHORIZED BY A MAJORITY OF THE COTES CAST AT A MEETING OF MEMBERS SHALL BE THE ACT OF THE MEMBERS. ACTION MAY BE TAKEN WITHOUT A MEETING ON WRITTEN CONSENT, SETTING FORTH THE ACTION TO BE TAKEN, SIGNED BY ALL OF THE MEMBERS). THE TERMS OF THE DIRECTORS SHALL BE STAGGERED, WITH ONE-THIRD OF THE AUTHORIZED NUMBER OF DIRECTORS BEING ELECTED EACH YEAR AT THE ANNUAL MEETING. (AS THE INITIAL BOARD OF DIRECTORS WILL COMMENCE THEIR RESPONSIBILITIES SIMULTANEOUSLY, THE STAGGERING OF ELECTIONS MUST BE MODIFIED. ONE-THIRD OF THE INITIAL BOARD WILL SERVE A ONE YEAR TERM; ONE-THIRD OF THE INITIAL BOARD WILL SERVE A TWO EAR TERM; AND, ONE-THIRD OF THE INITIAL BOARD WILL SERVE A THREE YEAR TERM.)
IRS990ScheduleO/GeneralExplanation/Explanation8THE FOUR OFFICERS OF THE CORPORATION ARE EACH CONSIDERED A "MEMBER."
IRS990ScheduleO/GeneralExplanation/Explanation9JEFFREY HOLLENDER AND SHEILA HOLLENDER ARE MARRIED.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part XII, Line 1
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 15b
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 15a
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part VI, Line 11b
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990, Part VI, Line 7b
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990, Part VI, Line 7a
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990, Part VI, Line 6
IRS990ScheduleO/GeneralExplanation/Identifier9Form 990, Part VI, Line 2
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part XII, Line 1: Change of Accounting Method
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/GeneralExplanation/ReturnReference8Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/GeneralExplanation/ReturnReference9Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990/ScheduleORequired0true
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0VT
IRS990/SubjectToProxyTax0false
IRS990/TaxableDistributions0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/EOY0200000
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1064 COURT STREET
IRS990/TheBooksAreInCareOf/AddressUS/City0MIDDLEBURY
IRS990/TheBooksAreInCareOf/AddressUS/State0VT
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode005753
IRS990/TheBooksAreInCareOf/NamePerson0KATHLEEN M BOE ESQ
IRS990/TheBooksAreInCareOf/TelephoneNumber08023886711
IRS990/TotalAssets/BOY051297
IRS990/TotalAssetsBOY051297
IRS990/TotalAssets/EOY0287794
IRS990/TotalAssetsEOY0287794
IRS990/TotalCompGT150K0false
IRS990/TotalContributions0382875
IRS990/TotalExpensesCurrentYear0146378
IRS990/TotalExpensesPriorYear098703
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral04767
IRS990/TotalFunctionalExpenses/ProgramServices0141611
IRS990/TotalFunctionalExpenses/Total0146378
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY00
IRS990/TotalLiabilities/EOY00
IRS990/TotalLiabilitiesEOY00
IRS990/TotalLiabNetAssetsFundBalances/BOY051297
IRS990/TotalLiabNetAssetsFundBalances/EOY0287794
IRS990/TotalNbrEmployees00
IRS990/TotalNetAssetsFundBalances/BOY051297
IRS990/TotalNetAssetsFundBalances/EOY0287794
IRS990/TotalOtherRevenue00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0141611
IRS990/TotalProgramServiceRevenue00
IRS990/TotalRevenueCurrentYear0382875
IRS990/TotalRevenuePriorYear0150000
IRS990/TotalRevenue/TotalRevenueColumn0382875
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TravelEntrtnmntPublicOfficials/Total00
IRS990/Travel/ProgramServices027468
IRS990/Travel/Total027468
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY051297
IRS990/UnrestrictedNetAssets/EOY087794
IRS990/UponRequest0X
IRS990/WebSite0WWW.COMMONWISE.ORG
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation02011
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0452201993
ReturnHeader/Filer/Name/BusinessNameLine10COMMONWISE EDUCATION INC
ReturnHeader/Filer/NameControl0COMM
ReturnHeader/Filer/Phone06462418535
ReturnHeader/Filer/USAddress/AddressLine10464 BLACK WILLOW LANE
ReturnHeader/Filer/USAddress/City0CHARLOTTE
ReturnHeader/Filer/USAddress/State0VT
ReturnHeader/Filer/USAddress/ZIPCode005445
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02013-11-13
ReturnHeader/Officer/Name0JEFFREY HOLLENDER
ReturnHeader/Officer/Title0President
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Adeptus Partners LLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine106 EAST 45TH STREET 10TH FLOOR
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0NEW YORK
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0NY
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode010017
ReturnHeader/Preparer/Name0Howard S Krant
ReturnHeader/Preparer/Phone07327458800
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-11-13T13:13:14-08:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$287,794
Liabilities
$0
Net assets
$287,794
Revenue
-
Expenses
$146,378
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.29$0.19$0.31$0.63$0.31
2023Detailed filing. Detailed filing data is available for this year.$0.53$0.03$0.50$0.65$0.92$0.27
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.04$0.77$1.21$1.32$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.17$0.61$0.93$1.33$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.18$1.01$1.75$1.10$0.65
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.16$0.36$0.79$1.01$0.23
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.05$0.59$0.31$0.80$0.49
2017Detailed filing. Detailed filing data is available for this year.$1.11$0.03$1.08$1.21$0.56$0.65
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.06$0.43$0.41$0.60$0.19
2015Detailed filing. Detailed filing data is available for this year.$0.75$0.03$0.72$0.27$0.36$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.13$0.18$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.30$0.71$0.59
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.10