Civic Intelligence

Benevolent Nfp

990EZ • Fiscal year 2024 • EIN 45-3136367

Oct 01, 2023 to Sep 30, 2024 • Filed on Aug 14, 2025

633 Third AvenueNew York, NY 10017

(847) 231-2301

Siviq Scores

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

Liabilities / Assets

99th percentile

15.73x

Higher debt load relative to assets than 99% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

33.37x

Higher debt load relative to revenue than 100% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

1st percentile

-816%

Higher net margin than 1% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

5th percentile

-84%

Faster asset growth than 5% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

144%

Faster revenue growth than 95% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$35,248

Down $180,896 (-84%) from 2023

Net Assets

Down

-$519,227

Down $135,646 (-35%) from 2023

Liabilities

Down

$554,475

Down $45,250 (-7.5%) from 2023

Revenue

Up

$16,616

Up $9,816 (+144%) from 2023

Expenses

Up

$152,262

Up $81,151 (+114%) from 2023

Net Income

Down

-$135,646

Down $71,335 (-111%) from 2023

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2014: $306,802Liabilities 2014: $55,115Net Assets 2014: $251,6872014Assets 2015: $310,566Liabilities 2015: $35,990Net Assets 2015: $274,5762015Assets 2016: $149,404Liabilities 2016: $31,210Net Assets 2016: $118,1942016Assets 2017: $26,948Liabilities 2017: $12,681Net Assets 2017: $14,2672017Assets 2018: $101,815Liabilities 2018: $4,194Net Assets 2018: $97,6212018Assets 2019: $32,681Liabilities 2019: $242,3112019Assets 2022: $71,552Liabilities 2022: $390,822Net Assets 2022: -$319,2702022Assets 2023: $216,144Liabilities 2023: $599,725Net Assets 2023: -$383,5812023Assets 2024: $35,248Liabilities 2024: $554,475Net Assets 2024: -$519,2272024

Highlighted filing

2024

Assets$35,248
Liabilities$554,475
Net Assets-$519,227

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2014: $925,367Expenses 2014: $943,401Net Income 2014: -$18,0342014Revenue 2015: $415,825Expenses 2015: $392,936Net Income 2015: $22,8892015Revenue 2016: $584,898Expenses 2016: $741,280Net Income 2016: -$156,3822016Revenue 2017: $77,092Expenses 2017: $181,019Net Income 2017: -$103,9272017Revenue 2018: $32,150Expenses 2018: $37,283Net Income 2018: -$5,1332018Revenue 2019: $79,478Expenses 2019: $289,108Net Income 2019: -$209,6302019Revenue 2022: $48,891Expenses 2022: $42,939Net Income 2022: $5,9522022Revenue 2023: $6,800Expenses 2023: $71,111Net Income 2023: -$64,3112023Revenue 2024: $16,616Expenses 2024: $152,262Net Income 2024: -$135,6462024

Highlighted filing

2024

Revenue$16,616
Expenses$152,262
Net Income-$135,646
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$16,616
Mission and Program Overview

Mission

To bring dignity and self-determination to both sides of the giving equation, illuminating the realities of life on the edge of sustainability.

Program Services

DescriptionGrantsExpenses
(SEE SCHEDULE O)$95,573$148,524
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTINE MCMAHONPresident & CEO Of Fedcap-$0--
CAROL KHOURYBoard Trustee/CFO Of Fedcap-$0--
KENNETH BREZENOFFBoard Trustee/General Counsel-$0--
LYELL RITCHIEBoard Trustee-$0--
EDWARD BOLOGNINIExecutive Director-$0--
Filing and Contact Details

Filer

Filer Name
Benevolent Nfp
EIN
45-3136367
Phone
8472312301
Address
633 THIRD AVENUE, NEW YORK, NY 10017

Signing Officer

Name
Carol Khoury
Title
CFO of Fedcap
Phone
2127274200
Signed
2025-08-14
Discuss with paid preparer
Yes

Preparer

Firm
Grant Thornton Advisors LLC
Address
757 THIRD AVENUE 9TH FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 1.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: sustainability grants to individual looking for employment.. Grantee name: various. Amount given: 86,289.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: public gift passthrough to individuals in need.. Grantee name: various. Amount given: 9,284. Total included on form 990-ez, line 10: 95,573.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: website and it expenses. Amount: 44,044. Description: bank charges. Amount: 108. Description: subscriptions. Amount: 5,482. Description: donation processing fees. Amount: 4,152. Description: reimbursed expenses (fedcap). Amount: 1,994. Description: miscellaneous expenses. Amount: 388. Total to form 990-ez, line 16: 56,168.

FORM 990-EZ, PART I, LINE 10, GRANTS AND SIMILAR AMOUNTS PAID:

Benevolent specializes in funding those small (but important) things that stand in the way of an individual's success, like car repairs, bus fare, a security deposit, work gear/tools or uniforms, a certification or laptop. People love giving when they believe their contribution will make a big difference in the life of the recipient. Everyone knows how frustrating it can be when there's one small thing preventing someone from reaching their goals, whether it's bus passes for a new job, a laptop for school, safety equipment or a uniform for a new opportunity. Benevolent helps facilitate giving through its web platform. 100% of a donor's gift goes directly to the person whose story is being supported.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 16,894. End of year amount: 19,719. Description: intercompany payable. Beg. Of year amount: 582,831. End of year amount: 534,756.

FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS:

Benevolent nfp's primary program service activity is to provide an online platform for donors to make direct gifts to individuals in need. Benevolent transforms giving by allowing donors to make a contribution simply, transparently and securely. 100% of every gift goes directly to the individual whose story is being told and supported. Our benevolent values: - we believe in self-starters and want them to keep moving toward stability. - we believe that strategic giving, even in small amounts, makes a substantial impact. - we believe that when we act to do the right thing for another person, we are also transformed. - we believe when we truly see one another, empathy trumps misperception. - we believe that by transforming how we give, we create stronger connections and communities.

Raw XML Appendix181 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRISTINE MCMAHON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LYELL RITCHIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4EDWARD BOLOGNINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO OF FEDCAP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD TRUSTEE/CFO OF FEDCAP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD TRUSTEE/GENERAL COUNSEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt056168
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IRS990EZ/PrimaryExemptPurposeTxt0TO BRING DIGNITY AND SELF-DETERMINATION TO BOTH SIDES OF THE GIVING EQUATION, ILLUMINATING THE REALITIES OF LIFE ON THE EDGE OF SUSTAINABILITY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SUSTAINABILITY GRANTS TO INDIVIDUAL LOOKING FOR EMPLOYMENT.. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 86,289.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: PUBLIC GIFT PASSTHROUGH TO INDIVIDUALS IN NEED.. GRANTEE NAME: VARIOUS. AMOUNT GIVEN: 9,284. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 95,573.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: WEBSITE AND IT EXPENSES. AMOUNT: 44,044. DESCRIPTION: BANK CHARGES. AMOUNT: 108. DESCRIPTION: SUBSCRIPTIONS. AMOUNT: 5,482. DESCRIPTION: DONATION PROCESSING FEES. AMOUNT: 4,152. DESCRIPTION: REIMBURSED EXPENSES (FEDCAP). AMOUNT: 1,994. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 388. TOTAL TO FORM 990-EZ, LINE 16: 56,168.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BENEVOLENT SPECIALIZES IN FUNDING THOSE SMALL (BUT IMPORTANT) THINGS THAT STAND IN THE WAY OF AN INDIVIDUAL'S SUCCESS, LIKE CAR REPAIRS, BUS FARE, A SECURITY DEPOSIT, WORK GEAR/TOOLS OR UNIFORMS, A CERTIFICATION OR LAPTOP. PEOPLE LOVE GIVING WHEN THEY BELIEVE THEIR CONTRIBUTION WILL MAKE A BIG DIFFERENCE IN THE LIFE OF THE RECIPIENT. EVERYONE KNOWS HOW FRUSTRATING IT CAN BE WHEN THERE'S ONE SMALL THING PREVENTING SOMEONE FROM REACHING THEIR GOALS, WHETHER IT'S BUS PASSES FOR A NEW JOB, A LAPTOP FOR SCHOOL, SAFETY EQUIPMENT OR A UNIFORM FOR A NEW OPPORTUNITY. BENEVOLENT HELPS FACILITATE GIVING THROUGH ITS WEB PLATFORM. 100% OF A DONOR'S GIFT GOES DIRECTLY TO THE PERSON WHOSE STORY IS BEING SUPPORTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 16,894. END OF YEAR AMOUNT: 19,719. DESCRIPTION: INTERCOMPANY PAYABLE. BEG. OF YEAR AMOUNT: 582,831. END OF YEAR AMOUNT: 534,756.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BENEVOLENT NFP'S PRIMARY PROGRAM SERVICE ACTIVITY IS TO PROVIDE AN ONLINE PLATFORM FOR DONORS TO MAKE DIRECT GIFTS TO INDIVIDUALS IN NEED. BENEVOLENT TRANSFORMS GIVING BY ALLOWING DONORS TO MAKE A CONTRIBUTION SIMPLY, TRANSPARENTLY AND SECURELY. 100% OF EVERY GIFT GOES DIRECTLY TO THE INDIVIDUAL WHOSE STORY IS BEING TOLD AND SUPPORTED. OUR BENEVOLENT VALUES: - WE BELIEVE IN SELF-STARTERS AND WANT THEM TO KEEP MOVING TOWARD STABILITY. - WE BELIEVE THAT STRATEGIC GIVING, EVEN IN SMALL AMOUNTS, MAKES A SUBSTANTIAL IMPACT. - WE BELIEVE THAT WHEN WE ACT TO DO THE RIGHT THING FOR ANOTHER PERSON, WE ARE ALSO TRANSFORMED. - WE BELIEVE WHEN WE TRULY SEE ONE ANOTHER, EMPATHY TRUMPS MISPERCEPTION. - WE BELIEVE THAT BY TRANSFORMING HOW WE GIVE, WE CREATE STRONGER CONNECTIONS AND COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10, GRANTS AND SIMILAR AMOUNTS PAID:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS:
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROL KHOURY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO OF FEDCAP
ReturnHeader/BusinessOfficerGrp/PhoneNum02127274200
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BENEVOLENT NFP
ReturnHeader/Filer/BusinessNameControlTxt0BENE
ReturnHeader/Filer/EIN0453136367
ReturnHeader/Filer/PhoneNum08472312301
ReturnHeader/Filer/USAddress/AddressLine1Txt0633 THIRD AVENUE
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010017
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0991856619
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRANT THORNTON ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0757 THIRD AVENUE 9TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100172013
ReturnHeader/PreparerPersonGrp/PhoneNum02125990100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT THOMPSETT
ReturnHeader/ReturnTs02025-08-14T20:53:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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