Civic Intelligence

New Knowledge Organization Ltd

990 • Fiscal year 2013 • EIN 45-4393574

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 04, 2014

349 Fifth Avenue10016

(347) 766-3399

Siviq Scores

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

Liabilities / Assets

87th percentile

0.68x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

70th percentile

0.17x

Higher debt load relative to revenue than 70% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

37th percentile

-1.0%

Higher net margin than 37% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

93rd percentile

$123,707

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

7th percentile

-25%

Faster asset growth than 7% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$168,241

Down $54,677 (-25%) from 2012

Net Assets

Down

$53,438

Down $7,041 (-12%) from 2012

Liabilities

Down

$114,803

Down $47,636 (-29%) from 2012

Revenue

$677,409

No earlier filing loaded for comparison.

Expenses

Up

$684,450

Up $81,242 (+13%) from 2012

Net Income

-$7,041

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $222,918Liabilities 2012: $162,439Net Assets 2012: $60,4792012Assets 2013: $168,241Liabilities 2013: $114,803Net Assets 2013: $53,4382013Assets 2014: $242,369Liabilities 2014: $94,827Net Assets 2014: $147,5422014Assets 2015: $250,988Liabilities 2015: $152,270Net Assets 2015: $98,7182015Assets 2016: $296,595Liabilities 2016: $87,393Net Assets 2016: $209,2022016Assets 2017: $424,401Liabilities 2017: $93,055Net Assets 2017: $331,3462017Assets 2018: $513,031Liabilities 2018: $134,156Net Assets 2018: $378,8752018Assets 2019: $997,438Liabilities 2019: $644,619Net Assets 2019: $352,8192019Assets 2020: $967,999Liabilities 2020: $616,912Net Assets 2020: $351,0872020Assets 2021: $927,632Liabilities 2021: $249,555Net Assets 2021: $678,0772021Assets 2022: $1,150,151Liabilities 2022: $487,960Net Assets 2022: $662,1912022Assets 2023: $859,397Liabilities 2023: $334,106Net Assets 2023: $525,2912023Assets 2024: $1,327,196Liabilities 2024: $476,776Net Assets 2024: $850,4202024

Highlighted filing

2013

Assets$168,241
Liabilities$114,803
Net Assets$53,438

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2012: $603,2082012Revenue 2013: $677,409Expenses 2013: $684,450Net Income 2013: -$7,0412013Revenue 2014: $1,085,223Expenses 2014: $991,119Net Income 2014: $94,1042014Revenue 2015: $1,073,967Expenses 2015: $1,122,791Net Income 2015: -$48,8242015Revenue 2016: $1,185,461Expenses 2016: $1,074,977Net Income 2016: $110,4842016Revenue 2017: $1,461,935Expenses 2017: $1,393,134Net Income 2017: $68,8012017Revenue 2018: $1,465,442Expenses 2018: $1,421,757Net Income 2018: $43,6852018Revenue 2019: $1,524,191Expenses 2019: $1,614,531Net Income 2019: -$90,3402019Revenue 2020: $1,522,627Expenses 2020: $1,619,799Net Income 2020: -$97,1722020Revenue 2021: $1,707,959Expenses 2021: $1,365,794Net Income 2021: $342,1652021Revenue 2022: $1,383,846Expenses 2022: $1,399,732Net Income 2022: -$15,8862022Revenue 2023: $1,440,449Expenses 2023: $1,577,349Net Income 2023: -$136,9002023Revenue 2024: $1,920,920Expenses 2024: $1,595,791Net Income 2024: $325,1292024

Highlighted filing

2013

Revenue$677,409
Expenses$684,450
Net Income-$7,041
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 4, 2014
Return Version
2013v3.1
Gross Receipts
$677,409
Mission and Program Overview

Mission

Knology conducts social science research so others can facilitate individual and community wellness, healthy biosphere and a just society; scientific research in the fields of psychology, sociology, anthropology, economics, education, culture, health, media and wellness.

New Knowledge Organization helps cultural, educational, research, health, environmental, and free-learning organizations to expand their programs in ways that increase social knowledge, positive lived experiences, and ecological harmony.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$56,000$36,000▼ $20,000
Cash and Non-Interest-Bearing Accounts-$33,558-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$222,918$168,241▼ $54,677
Other Assets Total$222,918$134,683▼ $88,235
Liabilities
Accounts Payable and Accrued Expenses$94,085$73,370▼ $20,715
Other Liabilities$12,354--
Deferred Revenue-$5,433-
Total Liabilities$162,439$114,803▼ $47,636
Net Assets / Fund Balance
Unrestricted Net Assets$60,479$53,438▼ $7,041
Total Net Assets Fund Balance$60,479$53,438▼ $7,041
Total Liabilities and Net Assets / Fund Balance$222,918$168,241▼ $54,677

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$4,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
John FraserPresident & CEOFT$123,707$123,707

Board Members and Trustees

NameTitle
Judy KokeTrustee
Julia MairTrustee
Paul BoyleTrustee
Marilyn HoytSecretary
Nora De la SernaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,250
Program Service Revenue
$674,159
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,250
Change in Net Assets
$-7,041

Audited Revenue Reconciliation

Revenue per Audited Statements
$677,409
Total Revenue per Audited Statements
$677,409
Total Revenue per Form 990
$677,409
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$411,459
Other Expenses$272,991
Total Fundraising Expense$43,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$185,470$50,528$23,660$259,658
Fees for Services Other$143,677$11,124$4,872$159,673
Current Officers, Directors, Trustees, and Key Employees$85,333$17,283$5,401$108,017
Payroll Taxes$32,246$8,073$3,465$43,784
Occupancy$22,964$5,750$2,466$31,180
All Other Expenses$11,098$1,697$729$13,524
Other Expenses$4,283$720$308$5,311
Office Expenses$3,910$617$265$4,792
Insurance$1,297$325$138$1,760
Interest$875$219$94$1,188
Total Functional Expenses$540,869$100,429$43,152$684,450

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$684,450
Total Expenses per Audited Statements$684,450
Total Expenses per Form 990$684,450
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
John FraserPresidentLease Office SpaceNo$8,169

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$56,000$36,000▼ $20,000
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
Yes
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board Meeting 1, item 1.8.1: Compensation was discussed by the members of the compensation committee in an executive session of the voting Trustees. It was recommended that compensation match previous employment of the President and CEO and any employees who were previously employed by the Institute for Learning Innovation. Marilyn Hoyt (Chair) requested detail on Frasers former compensation package at ILI and some contextual review from John Fraser and Jane Dunne, external financial advisor. Dunne provided information to the board demonstrating that the financial compensation was in line with similar scaled non-profits and the board moved to accept this review as part of old business at Meeting 2, 2012 April 17.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

These documents are available on request by email to the President & CEO, any board member, or the Controller.

Filing and Contact Details

Filer

EIN
45-4393574
Phone
3477663399

Signing Officer

Name
John Fraser
Title
President & CEO
Signed
2014-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Fraser
Formed
2012
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
13

Preparer

Preparer
Gary S Eisenkraft CPA
Phone
2126892655
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14500
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0134683
IRS990ScheduleD/TotalExpensesPerForm990Amt0684450
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt120000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0John Fraser and Patrick G
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1John Fraser
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Presiden
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1Presiden
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board Meeting 1, item 1.8.1: Compensation was discussed by the members of the compensation committee in an executive session of the voting Trustees. It was recommended that compensation match previous employment of the President and CEO and any employees who were previously employed by the Institute for Learning Innovation. Marilyn Hoyt (Chair) requested detail on Frasers former compensation package at ILI and some contextual review from John Fraser and Jane Dunne, external financial advisor. Dunne provided information to the board demonstrating that the financial compensation was in line with similar scaled non-profits and the board moved to accept this review as part of old business at Meeting 2, 2012 April 17.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2These documents are available on request by email to the President & CEO, any board member, or the Controller.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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