Civic Intelligence

Processing Foundation Inc

990EZ • Fiscal year 2015 • EIN 46-0830259

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 08, 2016

Organization Profilewww.processing.org
7 West 96th Street Apt 9DNew York, NY 10025

(917) 374-7063

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

76th percentile

24%

Higher net margin than 76% of similar nonprofits.

2015 filings • NTEE B99 • <$500k nonprofits • Source year 2015

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2015 filings • NTEE B99 • <$500k nonprofits • Source year 2015

Asset Growth

61st percentile

14%

Faster asset growth than 61% of similar nonprofits.

2015 filings • NTEE B99 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-13%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • NTEE B99 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$94,810

Up $11,822 (+14%) from 2014

Net Assets

$94,810

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin76th percentile

Revenue

Down

$49,262

Down $7,423 (-13%) from 2014

Expenses

Up

$37,440

Up $16,164 (+76%) from 2014

Net Income

Down

$11,822

Down $23,587 (-67%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$15M$10M$5.0M$0Assets 2012: $11,216Liabilities 2012: $02012Assets 2013: $49,579Liabilities 2013: $2,0002013Assets 2014: $82,988Liabilities 2014: $02014Assets 2015: $94,810Net Assets 2015: $94,8102015Assets 2016: $86,823Liabilities 2016: $02016Assets 2017: $88,691Liabilities 2017: $02017Assets 2018: $146,953Liabilities 2018: $02018Assets 2020: $156,372Liabilities 2020: $5,000Net Assets 2020: $151,3722020Assets 2021: $10,642,218Liabilities 2021: $22,500Net Assets 2021: $10,619,7182021Assets 2022: $10,742,562Liabilities 2022: $26,673Net Assets 2022: $10,715,8892022Assets 2023: $10,370,284Liabilities 2023: $17,287Net Assets 2023: $10,352,9972023Assets 2024: $9,537,257Liabilities 2024: $52,767Net Assets 2024: $9,484,4902024

Highlighted filing

2015

Assets$94,810
Liabilities-
Net Assets$94,810
Open 2015 Filing

Operations Trend

Revenue Growth32nd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $11,235Expenses 2012: $19Net Income 2012: $11,2162012Revenue 2013: $51,336Expenses 2013: $14,973Net Income 2013: $36,3632013Revenue 2014: $56,685Expenses 2014: $21,276Net Income 2014: $35,4092014Revenue 2015: $49,262Expenses 2015: $37,440Net Income 2015: $11,8222015Revenue 2016: $40,467Expenses 2016: $48,454Net Income 2016: -$7,9872016Revenue 2017: $91,212Expenses 2017: $89,344Net Income 2017: $1,8682017Revenue 2018: $164,974Expenses 2018: $106,712Net Income 2018: $58,2622018Revenue 2020: $273,520Expenses 2020: $181,843Net Income 2020: $91,6772020Revenue 2021: $10,911,366Expenses 2021: $443,020Net Income 2021: $10,468,3462021Revenue 2022: $777,054Expenses 2022: $680,883Net Income 2022: $96,1712022Revenue 2023: $512,988Expenses 2023: $1,230,569Net Income 2023: -$717,5812023Revenue 2024: $648,664Expenses 2024: $1,517,171Net Income 2024: -$868,5072024

Highlighted filing

2015

Revenue$49,262
Expenses$37,440
Net Income$11,822
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 8, 2016
Return Version
2015v2.1
Gross Receipts
$49,262
Mission and Program Overview

Mission

The Organization's mission is to promote software literacy within the visual arts, and visual literacy within technology-related fields - and to make these fields accessible to diverse communities.

To promote software literacy, particularly within the visual arts, and to promote visual literacy within technology.

Program Services

DescriptionGrantsExpenses
DEVELOPING PROCESSING SOFTWARE, BOTH THE CORE APPLICATION PROGRAMMING INTERFACE (API) AND THE PROGRAMMING ENVIRONMENT, THE PROCESSING DEVELOPMENT ENVIRONMENT (PDE).-$36,027
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEN FRYPresidentPT$0--
DANIEL SHIFFMANTreasurerPT$0--
CASEY REASSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Processing Foundation Inc
EIN
46-0830259
Phone
9173747063
Address
7 WEST 96TH STREET APT 9D, NEW YORK, NY 10025

Signing Officer

Name
Daniel Shiffman
Title
Secretary
Phone
9173747063
Signed
2016-06-08
Discuss with paid preparer
Yes

Preparer

Firm
Rich and Bander Llp
Address
15 WEST 28TH ST SUITE 7A, NEW YORK, NY 10001
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“REFERRAL FEES 883.”

Form 990EZ, Part I, Line 8

“ROYALTIES 186.”

Form 990EZ, Part I, Line 8

“SALES 255.”

Form 990EZ, Part I, Line 16

“Website development 6040.”

Form 990EZ, Part I, Line 16

“OFFICE EXPENSE 2008.”

Form 990EZ, Part I, Line 16

“TRAVEL 1892.”

Form 990EZ, Part I, Line 16

“Meals and entertainment 30.”

Form 990EZ, Part II, Line 26

“ACCOUNTS PAYABLE 0.”

Raw XML Appendix152 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DANIEL SHIFFMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum09173747063
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07 WEST 96TH ST APT 9D
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010025
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt082988
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt094810
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IRS990EZ/ContributionsGiftsGrantsEtcAmt047938
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011822
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt027470
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt082988
IRS990EZ/Form990TotalAssetsGrp/EOYAmt094810
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt049262
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt082988
IRS990EZ/NetAssetsOrFundBalancesEOYAmt094810
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt082988
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt094810
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt215.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BEN FRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DANIEL SHIFFMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CASEY REAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09970
IRS990EZ/OtherRevenueTotalAmt01324
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE SOFTWARE LITERACY, PARTICULARLY WITHIN THE VISUAL ARTS, AND TO PROMOTE VISUAL LITERACY WITHIN TECHNOLOGY.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOPING PROCESSING SOFTWARE, BOTH THE CORE APPLICATION PROGRAMMING INTERFACE (API) AND THE PROGRAMMING ENVIRONMENT, THE PROCESSING DEVELOPMENT ENVIRONMENT (PDE).
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt036027
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037440
IRS990EZ/TotalProgramServiceExpensesAmt036027
IRS990EZ/TotalRevenueAmt049262
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.processing.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: SALES 2013: 578. 2014: 744. 2015: 255.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt047938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt053135
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt049434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0150507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0186
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0137
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0811
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0255
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0744
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0578
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01577
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0150507
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt053135
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt049434
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0150507
IRS990ScheduleA/TotalSupportAmt0157283
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0883
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt02318
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt01187
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt04388
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REFERRAL FEES 883.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ROYALTIES 186.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALES 255.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WEBSITE DEVELOPMENT 6040.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OFFICE EXPENSE 2008.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRAVEL 1892.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEALS AND ENTERTAINMENT 30.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACCOUNTS PAYABLE 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL SHIFFMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09173747063
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROCESSING FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PROC
ReturnHeader/Filer/EIN0460830259
ReturnHeader/Filer/PhoneNum09173747063
ReturnHeader/Filer/USAddress/AddressLine1Txt07 WEST 96TH STREET APT 9D
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010025
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICH AND BANDER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015 WEST 28TH ST SUITE 7A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02126842470
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN A BANDER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-06-09T06:00:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$94,810
Liabilities
-
Net assets
$94,810
Revenue
$49,262
Expenses
$37,440
Net income
$11,822
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.54$0.05$9.48$0.65$1.52$0.87
2023Detailed filing. Detailed filing data is available for this year.$10.4$0.02$10.4$0.51$1.23$0.72
2022Detailed filing. Detailed filing data is available for this year.$10.7$0.03$10.7$0.78$0.68$0.10
2021Detailed filing. Detailed filing data is available for this year.$10.6$0.02$10.6$10.9$0.44$10.5
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.01$0.15$0.27$0.18$0.09
2018Summary only. Only limited summary data is available for this year.$0.15$0.00$0.16$0.11$0.06
2017Summary only. Only limited summary data is available for this year.$0.09$0.00$0.09$0.09$0.00
2016Summary only. Only limited summary data is available for this year.$0.09$0.00$0.04$0.05$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.05$0.04$0.01
2014Summary only. Only limited summary data is available for this year.$0.08$0.00$0.06$0.02$0.04
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.01$0.04
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.00$0.01