Civic Intelligence

20 20 Vision for Schools Inc.

990 • Fiscal year 2021 • EIN 45-3023036

Sep 01, 2020 to Aug 31, 2021 • Filed on Aug 17, 2022

8225 5th Avenue Room 323Brooklyn, NY 11209

(516) 522-2676

Siviq Scores

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

Liabilities / Assets

85th percentile

0.51x

Higher debt load relative to assets than 85% of similar nonprofits.

2021 filings • NTEE B • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

76th percentile

0.18x

Higher debt load relative to revenue than 76% of similar nonprofits.

2021 filings • NTEE B • $500k-$1M nonprofits • Source year 2021

Net Margin

46th percentile

9.8%

Higher net margin than 46% of similar nonprofits.

2021 filings • NTEE B • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$99,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2021 filings • NTEE B • $500k-$1M nonprofits • Source year 2021

Asset Growth

72nd percentile

27%

Faster asset growth than 72% of similar nonprofits.

2021 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

90%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • NTEE B • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$346,645

Up $74,353 (+27%) from 2020

Net Assets

Up

$169,486

Up $144,030 (+566%) from 2020

Liabilities

Down

$177,159

Down $69,677 (-28%) from 2020

Revenue

Up

$993,881

Up $470,114 (+90%) from 2020

Expenses

Up

$896,100

Up $484,869 (+118%) from 2020

Net Income

Down

$97,781

Down $14,755 (-13%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2012: $20,520Liabilities 2012: $02012Assets 2013: $12,306Liabilities 2013: $0Net Assets 2013: $12,3062013Assets 2014: $5,029Liabilities 2014: $02014Assets 2015: $35,560Liabilities 2015: $2,970Net Assets 2015: $32,5902015Assets 2016: $14,525Liabilities 2016: $6,429Net Assets 2016: $8,0962016Assets 2017: $176,642Liabilities 2017: $72,348Net Assets 2017: $104,2942017Assets 2018: $377,542Liabilities 2018: $95,339Net Assets 2018: $282,2032018Assets 2019: $495,510Liabilities 2019: $87,436Net Assets 2019: $408,0742019Assets 2020: $272,292Liabilities 2020: $246,836Net Assets 2020: $25,4562020Assets 2021: $346,645Liabilities 2021: $177,159Net Assets 2021: $169,4862021Assets 2022: $598,553Liabilities 2022: $233,232Net Assets 2022: $365,3212022Assets 2023: $196,222Liabilities 2023: $368,708Net Assets 2023: -$172,4862023Assets 2024: $644,679Liabilities 2024: $437,520Net Assets 2024: $207,1592024

Highlighted filing

2021

Assets$346,645
Liabilities$177,159
Net Assets$169,486

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $83,120Expenses 2012: $62,600Net Income 2012: $20,5202012Revenue 2013: $69,841Expenses 2013: $57,602Net Income 2013: $12,2392013Revenue 2014: $128,359Expenses 2014: $145,354Net Income 2014: -$16,9952014Revenue 2015: $206,533Expenses 2015: $186,819Net Income 2015: $19,7142015Revenue 2016: $382,865Expenses 2016: $409,836Net Income 2016: -$26,9712016Revenue 2017: $609,559Expenses 2017: $456,205Net Income 2017: $153,3542017Revenue 2018: $784,910Expenses 2018: $483,407Net Income 2018: $301,5032018Revenue 2019: $644,278Expenses 2019: $482,352Net Income 2019: $161,9262019Revenue 2020: $523,767Expenses 2020: $411,231Net Income 2020: $112,5362020Revenue 2021: $993,881Expenses 2021: $896,100Net Income 2021: $97,7812021Revenue 2022: $1,527,313Expenses 2022: $1,331,481Net Income 2022: $195,8322022Revenue 2023: $1,799,203Expenses 2023: $2,120,462Net Income 2023: -$321,2592023Revenue 2024: $1,472,546Expenses 2024: $1,265,387Net Income 2024: $207,1592024

Highlighted filing

2021

Revenue$993,881
Expenses$896,100
Net Income$97,781
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Aug 17, 2022
Return Version
2020v4.2
Gross Receipts
$993,881
Mission and Program Overview

Mission

School Partners NYC celebrates and accelerates school partnerships that improve educational and life outcomes for students. We embrace partnerships as a vehicle for awareness, volunteerism, and wrap-around supports necessary for sustainable change. Our goal, simply stated, is for all NYC students and schools to thrive -- without exception or condition.

Work with students to enhance self esteem and academics

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$109,717$267,951▲ $158,234
Cash and Non-Interest-Bearing Accounts$162,575$65,919▼ $96,656
Total Assets$272,292$346,645▲ $74,353
Other Assets Total-$12,775-
Liabilities
Accounts Payable and Accrued Expenses$246,836$177,159▼ $69,677
Total Liabilities$246,836$177,159▼ $69,677
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,456$169,486▲ $144,030
Total Net Assets Fund Balance$25,456$169,486▲ $144,030
Total Liabilities and Net Assets / Fund Balance$272,292$346,645▲ $74,353
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeremy Del RioExecutive DirectorFT$99,000$99,000

Board Members and Trustees

NameTitle
Mill HarrisBoard Chairperson
Albert LambertBoard Member
Ramos MendezBoard Member
Steven D QuinteroBoard Member
Frederick TowlesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$253,160
Program Service Revenue
$740,721
Investment Income
$0
Other Revenue
$0
All Other Contributions
$253,160
Change in Net Assets
$97,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$531,116
Salaries, Compensation, and Employee Benefits$364,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses---$395,330
Comp Disqual Persons---$171,096
Current Officers, Directors, Trustees, and Key Employees---$99,000
Payroll Taxes---$94,888
Other Expenses---$27,867
Occupancy---$14,791
Travel---$13,049
Fees for Services Accounting---$11,697
Insurance---$9,383
Interest---$1,496
Advertising---$1,409
Information Technology---$392
Office Expenses---$233
Total Functional Expenses$0$0$0$896,100
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
Subject to proxy tax
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 35% controlled entity
No
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

Form 990, Part VI, Section B, Line 11B

Company financials are reported to the board members at the end of the fiscal year.

Form 990, Part VI, Line 19

Governening documents, conflict of interest statement and financial statements are available to the public by request. Once requested the organization will schedule an appointment, based on mutual availability, with the requestor to review the requested documents.

Filing and Contact Details

Filer

Filer Name
20 20 Vision For Schools Inc
EIN
45-3023036
Address
8225 5th Avenue Room 323, Brooklyn, NY 11209
Doing Business As
Thrive Collective

Signing Officer

Name
Jeremy Del Rio
Title
Executive Director
Phone
5165222677
Signed
2022-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeremy Del Rio
Formed
2011
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
6

Preparer

Firm
The Towles Group Inc
Address
626 RXR Plaza, Uniondale, NY 11556
Preparer
Frederick O Towles
Phone
5165222676
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 25,754, Grants and allocations 0, Revenue 20,000 Thrive Sports - youth programs centered around sporting activities, drills and competetion.

Form 990, Part IX, Line 24E

The expenses on this line include the following teaching artists 366,437, bank fees 580.00, computer equipment 3,592, donation processing 1,965, licensing fees 125.00, meals 3,609, postage 4,657, printing 1,560, subscriptions 1,203, telephone 2,926, payroll processing 8,676.00

Form 990, Part XI, Line 8

These are PPP funds which had not been forgiven at the time of filing the prior 990. The company inititally recorded as income on its books.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Program Service Expenses 25,754, Grants and allocations 0, Revenue 20,000 Thrive Sports - youth programs centered around sporting activities, drills and competetion.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The expenses on this line include the following teaching artists 366,437, bank fees 580.00, computer equipment 3,592, donation processing 1,965, licensing fees 125.00, meals 3,609, postage 4,657, printing 1,560, subscriptions 1,203, telephone 2,926, payroll processing 8,676.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2These are PPP funds which had not been forgiven at the time of filing the prior 990. The company inititally recorded as income on its books.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Company financials are reported to the board members at the end of the fiscal year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governening documents, conflict of interest statement and financial statements are available to the public by request. Once requested the organization will schedule an appointment, based on mutual availability, with the requestor to review the requested documents.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0272292
IRS990/TotalAssetsEOYAmt0346645
IRS990/TotalAssetsGrp/BOYAmt0272292
IRS990/TotalAssetsGrp/EOYAmt0346645
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0253160
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0896100
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0246836
IRS990/TotalLiabilitiesEOYAmt0177159
IRS990/TotalLiabilitiesGrp/BOYAmt0246836
IRS990/TotalLiabilitiesGrp/EOYAmt0177159
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt025456
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0169486
IRS990/TotalOtherProgSrvcExpenseAmt025754
IRS990/TotalOtherProgSrvcRevenueAmt020000
IRS990/TotalProgramServiceExpensesAmt0896100
IRS990/TotalProgramServiceRevenueAmt0740721
IRS990/TotalReportableCompFromOrgAmt099000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0993881
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0272292
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0346645
IRS990/TravelGrp/TotalAmt013049
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0375 76 Street Apt 3C
IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011209
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0www.2020Schools.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jeremy Del Rio
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05165222677
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-08-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt020 20 Vision For Schools Inc
ReturnHeader/Filer/BusinessNameControlTxt02020
ReturnHeader/Filer/EIN0453023036
ReturnHeader/Filer/USAddress/AddressLine1Txt08225 5th Avenue Room 323
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011209
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0The Towles Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0626 RXR Plaza
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Uniondale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011556
ReturnHeader/PreparerPersonGrp/PhoneNum05165222676
ReturnHeader/PreparerPersonGrp/PreparationDt02022-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Frederick O Towles
ReturnHeader/ReturnTs02022-08-17T09:28:03-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

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