Civic Intelligence

Junket Inc.

990EZ • Fiscal year 2020 • EIN 45-4378535

Jan 01, 2020 to Dec 31, 2020 • Filed on Mar 31, 2021

147 Prince Street Ste 39Brooklyn, NY 11201

(917) 741-2482

Siviq Scores

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

Liabilities / Assets

76th percentile

0.13x

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

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.09x

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

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

Net Margin

76th percentile

28%

Higher net margin than 76% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

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.

2020 filings • NTEE O • <$500k nonprofits • Source year 2020

Asset Growth

11th percentile

-45%

Faster asset growth than 11% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

59th percentile

-12%

Faster revenue growth than 59% of similar nonprofits.

2020 filings • NTEE O • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$29,889

Down $24,890 (-45%) from 2019

Net Assets

$26,022

No earlier filing loaded for comparison.

Liabilities

Down

$3,867

Down $33,297 (-90%) from 2019

Revenue

Down

$43,657

Down $6,071 (-12%) from 2019

Expenses

Down

$31,280

Down $9,397 (-23%) from 2019

Net Income

Up

$12,377

Up $3,326 (+37%) from 2019

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $11,479Liabilities 2013: $8,2902013Assets 2014: $19,745Liabilities 2014: $7,3382014Assets 2015: $12,709Liabilities 2015: $12,9152015Assets 2016: $17,284Liabilities 2016: $19,8132016Assets 2017: $28,168Liabilities 2017: $18,0302017Assets 2018: $35,773Liabilities 2018: $27,2092018Assets 2019: $54,779Liabilities 2019: $37,1642019Assets 2020: $29,889Liabilities 2020: $3,867Net Assets 2020: $26,0222020Assets 2021: $32,438Liabilities 2021: $2,346Net Assets 2021: $30,0922021Assets 2022: $36,670Liabilities 2022: $9,368Net Assets 2022: $27,3022022Assets 2023: $35,874Liabilities 2023: $7,601Net Assets 2023: $28,2732023Assets 2024: $68,607Liabilities 2024: $58,291Net Assets 2024: $10,3162024

Highlighted filing

2020

Assets$29,889
Liabilities$3,867
Net Assets$26,022

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $21,098Expenses 2013: $25,675Net Income 2013: -$4,5772013Revenue 2014: $31,594Expenses 2014: $22,376Net Income 2014: $9,2182014Revenue 2015: $14,343Expenses 2015: $26,956Net Income 2015: -$12,6132015Revenue 2016: $24,305Expenses 2016: $26,628Net Income 2016: -$2,3232016Revenue 2017: $35,345Expenses 2017: $22,678Net Income 2017: $12,6672017Revenue 2018: $38,009Expenses 2018: $39,583Net Income 2018: -$1,5742018Revenue 2019: $49,728Expenses 2019: $40,677Net Income 2019: $9,0512019Revenue 2020: $43,657Expenses 2020: $31,280Net Income 2020: $12,3772020Revenue 2021: $44,023Expenses 2021: $39,953Net Income 2021: $4,0702021Revenue 2022: $45,415Expenses 2022: $48,205Net Income 2022: -$2,7902022Revenue 2023: $40,740Expenses 2023: $39,769Net Income 2023: $9712023Revenue 2024: $117,309Expenses 2024: $135,259Net Income 2024: -$17,9502024

Highlighted filing

2020

Revenue$43,657
Expenses$31,280
Net Income$12,377
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Mar 31, 2021
Return Version
2020v4.0
Gross Receipts
$43,657
Mission and Program Overview

Mission

Exempt Purpose: The Corporation has been formed as a mentoring group for youth aging out of the foster care system. The corporation aims to maintain consistent, positive relationships with youth in order to build a practical set of skills to help them transition into independent living. Each youth will have the opportunity to use their acquired skills in a community-based project. As a group, each youth will create and manage his/her role/job within the project from start to finish, giving them a platform to appreciate the value of their unique talents and leadership abilities.

Exempt Purpose: The Corporation has been formed as a mentoring group for youth involved in the foster care system. The corporation aims to maintain consistent, positive relationships with youth in order to build a practical set of skills to help them transition into independent living. Each youth will have the opportunity to use their acquired skills in a community-based project. As a group, each youth will create and manage his/her role/job within the project from start to finish, giving them a platform to appreciate the value of their unique talents and leadership abilities.

Program Services

DescriptionGrantsExpenses
During 2020, Junket met primarily virtually due to the pandemic. The group engaged in discussion-based conversations around social justice, and continued to build independent living skills through virtual cooking classes. Additionally, Junket provided ongoing support as Junket members navigated life issues related to the pandemic, including education/employment support and accessing services to assist them with a variety of needs.$0$31,280
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEATHER HUPALOFounder And President; DirectorPT$0--
SARA COMISExecutive Vice President; DirectorPT$0--
JOSHUA HENDERSONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Junket Inc
EIN
45-4378535
Phone
9177412482
Address
147 PRINCE STREET STE 39, BROOKLYN, NY 11201

Signing Officer

Name
Sara Comis
Title
Vice-President
Phone
2544930039
Signed
2021-03-31
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

Description;Amount^Cash rewards earned from credit card purchases;475^Total;475^

Form 990-EZ, Part I, Line 16

Description;Amount^Events and meals;2622|Storage;775|Computer equipment and software;3606|Website and email hosting;3649|Bank charge;391|Stipend for youth;2780|Other supplies;2685|Insurance;3200^Total;19708^

Form 990-EZ, Part I, Line 20

An accounting error was identified relating to prior periods (2017-2019) whereby certain bank account expenses had not been reported. This resulted in a cumulative amount of underreported expenses of 3,970, predominately relating to meals and transportation. The accounting software has been corrected and reconciled for 2020 onwards.

Form 990-EZ, Part II, Line 24

Description;EOY Amount^Accounts Receivable donations by credit card;12949|Office rent deposit;425^Total;13374^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Credit card balance payable;3867^Total;3867^

Raw XML Appendix196 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/PersonNm2JOSHUA HENDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0FOUNDER AND PRESIDENT; DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXECUTIVE VICE PRESIDENT; DIRECTOR
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IRS990EZ/OtherRevenueTotalAmt0475
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IRS990EZ/PrimaryExemptPurposeTxt0Exempt Purpose: The Corporation has been formed as a mentoring group for youth involved in the foster care system. The corporation aims to maintain consistent, positive relationships with youth in order to build a practical set of skills to help them transition into independent living. Each youth will have the opportunity to use their acquired skills in a community-based project. As a group, each youth will create and manage his/her role/job within the project from start to finish, giving them a platform to appreciate the value of their unique talents and leadership abilities.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0During 2020, Junket met primarily virtually due to the pandemic. The group engaged in discussion-based conversations around social justice, and continued to build independent living skills through virtual cooking classes. Additionally, Junket provided ongoing support as Junket members navigated life issues related to the pandemic, including education/employment support and accessing services to assist them with a variety of needs.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Cash rewards earned from credit card purchases;475^Total;475^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Events and meals;2622|Storage;775|Computer equipment and software;3606|Website and email hosting;3649|Bank charge;391|Stipend for youth;2780|Other supplies;2685|Insurance;3200^Total;19708^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An accounting error was identified relating to prior periods (2017-2019) whereby certain bank account expenses had not been reported. This resulted in a cumulative amount of underreported expenses of 3,970, predominately relating to meals and transportation. The accounting software has been corrected and reconciled for 2020 onwards.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^Accounts Receivable donations by credit card;12949|Office rent deposit;425^Total;13374^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description;EOY Amount^Credit card balance payable;3867^Total;3867^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0Due to an administrative misunderstanding, the return is being filed late. We erroneously understood a COVID extension to July 15th automatically applied to the 2020 return, similar to the 2019 filing. When we realized the error, we sought to e-file as soon as possible.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Sara Comis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice-President
ReturnHeader/BusinessOfficerGrp/PhoneNum02544930039
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-03-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JUNKET INC
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ReturnHeader/Filer/EIN0454378535
ReturnHeader/Filer/PhoneNum09177412482
ReturnHeader/Filer/USAddress/AddressLine1Txt0147 PRINCE STREET STE 39
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011201
ReturnHeader/ReturnTs02021-06-25T12:02:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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