Civic Intelligence

Golden Network Inc.

990EZ • Fiscal year 2020 • EIN 45-3515527

Jan 01, 2020 to Dec 31, 2020 • Filed on May 20, 2021

1213 Arcola AvenueSilver Spring, MD 20902

(301) 681-7631

Siviq Scores

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

Liabilities / Assets

87th percentile

0.46x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

86th percentile

0.30x

Higher debt load relative to revenue than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

68th percentile

19%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$15,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

222%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

78th percentile

18%

Faster revenue growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$49,295

Up $33,980 (+222%) from 2019

Net Assets

Up

$26,816

Up $14,380 (+116%) from 2019

Liabilities

Up

$22,479

Up $19,600 (+681%) from 2019

Revenue

Up

$75,600

Up $11,279 (+18%) from 2019

Expenses

Down

$61,220

Down $3,788 (-5.8%) from 2019

Net Income

Up

$14,380

Up $15,067 (+2193%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2012: $6,066Liabilities 2012: $572012Assets 2013: $3,450Net Assets 2013: $3,4502013Assets 2014: $8,175Liabilities 2014: $1,573Net Assets 2014: $6,6022014Assets 2015: $7,827Liabilities 2015: $1,043Net Assets 2015: $6,7842015Assets 2016: $9,180Liabilities 2016: $1,251Net Assets 2016: $7,9292016Assets 2017: $11,241Liabilities 2017: $1,315Net Assets 2017: $9,9262017Assets 2018: $15,520Liabilities 2018: $3,007Net Assets 2018: $12,5132018Assets 2019: $15,315Liabilities 2019: $2,879Net Assets 2019: $12,4362019Assets 2020: $49,295Liabilities 2020: $22,479Net Assets 2020: $26,8162020Assets 2021: $52,018Liabilities 2021: $13,809Net Assets 2021: $38,2092021Assets 2022: $45,532Liabilities 2022: $15,561Net Assets 2022: $29,9712022Assets 2023: $58,583Liabilities 2023: $13,0332023

Highlighted filing

2020

Assets$49,295
Liabilities$22,479
Net Assets$26,816

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2012: $48,155Expenses 2012: $43,160Net Income 2012: $4,9952012Revenue 2013: $37,470Expenses 2013: $40,029Net Income 2013: -$2,5592013Revenue 2014: $42,518Expenses 2014: $39,366Net Income 2014: $3,1522014Revenue 2015: $45,547Expenses 2015: $45,365Net Income 2015: $1822015Revenue 2016: $45,478Expenses 2016: $45,587Net Income 2016: -$1092016Revenue 2017: $56,010Expenses 2017: $54,013Net Income 2017: $1,9972017Revenue 2018: $67,099Expenses 2018: $64,512Net Income 2018: $2,5872018Revenue 2019: $64,321Expenses 2019: $65,008Net Income 2019: -$6872019Revenue 2020: $75,600Expenses 2020: $61,220Net Income 2020: $14,3802020Revenue 2021: $72,495Expenses 2021: $62,734Net Income 2021: $9,7612021Revenue 2022: $63,153Expenses 2022: $71,296Net Income 2022: -$8,1432022Revenue 2023: $105,641Expenses 2023: $90,062Net Income 2023: $15,5792023

Highlighted filing

2020

Revenue$75,600
Expenses$61,220
Net Income$14,380
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 20, 2021
Return Version
2020v4.0
Gross Receipts
$75,600
Mission and Program Overview

Mission

Since 2011, The Golden Network TGN has provided a caring network of people helping retirees and seniors find their way in the journey of life. Jewish senior citizens are perhaps the most overlooked and under-supported demographic in the Jewish community today. Recognizing the largely unaddressed needs of this important population, TGN was founded to provide friendship, education, and connection to retirees and seniors. Since its inception, TGN has grown successfully and has been able to have a profound impact on the lives of an ever-widening circle of senior citizens. TGN offers a wide range of programs, including inspirational lectures, classes, musical performances, one-on-one Torah study, and caregiver support.

Provide educational and social programming for jewish seniors

Program Services

DescriptionGrantsExpenses
JEWISH EDUCATION AND SOCIAL PROGRAMMING FOR SENIORS$40,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RABBI SHMUEL LEIGHSecretaryFT$15,000-$15,000
Filing and Contact Details

Filer

Filer Name
The Golden Network
EIN
45-3515527
Phone
3016817631
Address
1213 ARCOLA AVENUE, SILVER SPRING, MD 20902

Signing Officer

Name
Rabbi Shmuel Leigh
Title
Secretary
Signed
2021-05-20
Discuss with paid preparer
Yes

Preparer

Firm
Leon Taksel CPA
Address
559 FLANDERS L, DELRAY BEACH, FL 33484
Preparer
Leon Taksel
Phone
3014552739
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $3679

Other Expenses.1

REFRESHMENTS $723

Other Expenses.2

Design $333

Other Assets.1005

Accounts Receivable - Beginning $765 Accounts Receivable - Ending $155

Other Assets.2

UNDEPOSITED - Beginning $164 UNDEPOSITED - Ending $164

Other Assets.3

OTHER - Beginning $18 OTHER - Ending $18

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $19600

Total Liabilities.1

Payroll - Beginning $2879 Payroll - Ending $3433

Total Liabilities.2

OTHER - Beginning $0 OTHER - Ending $-554

Raw XML Appendix148 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/BooksInCareOfDetail/USAddress/CityNm0SILVER SPRING
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IRS990EZ/PrintingPublicationsPostageAmt0288
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02879
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt022479
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt061220
IRS990EZ/TotalProgramServiceExpensesAmt040000
IRS990EZ/TotalRevenueAmt075600
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075600
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt043263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0301798
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0301798
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalSupportAmt0301798
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $3679
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REFRESHMENTS $723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Design $333
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts Receivable - Beginning $765 Accounts Receivable - Ending $155
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNDEPOSITED - Beginning $164 UNDEPOSITED - Ending $164
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER - Beginning $18 OTHER - Ending $18
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.3
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GOLDEN NETWORK
ReturnHeader/Filer/BusinessNameControlTxt0GOLD
ReturnHeader/Filer/EIN0453515527
ReturnHeader/Filer/PhoneNum03016817631
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ReturnHeader/Filer/USAddress/ZIPCd020902
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0559 FLANDERS L
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DELRAY BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033484
ReturnHeader/PreparerPersonGrp/PhoneNum03014552739
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEON TAKSEL
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-05-20T07:37:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RABBI SHMUEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEIGH
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings