Civic Intelligence

Processing Foundation Inc

990 • Fiscal year 2022 • EIN 46-0830259

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization Profileprocessingfoundation.org
400 Jay StBrooklyn, NY 11201

(917) 374-7063

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

15th percentile

0.03x

Higher debt load relative to revenue than 15% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Net Margin

64th percentile

12%

Higher net margin than 64% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

30th percentile

$86,400

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2022 filings • NTEE B • $10M-$25M nonprofits • Source year 2022

Asset Growth

48th percentile

0.9%

Faster asset growth than 48% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-93%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$10,742,562

Up $100,344 (+0.9%) from 2021

Net Assets

Up

$10,715,889

Up $96,171 (+0.9%) from 2021

Liabilities

Up

$26,673

Up $4,173 (+19%) from 2021

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin64th percentile

Revenue

Down

$777,054

Down $10,134,312 (-93%) from 2021

Expenses

Up

$680,883

Up $237,863 (+54%) from 2021

Net Income

Down

$96,171

Down $10,372,175 (-99%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth48th 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

2022

Assets$10,742,562
Liabilities$26,673
Net Assets$10,715,889
Open 2022 Filing

Operations Trend

Revenue Growth1st 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

2022

Revenue$777,054
Expenses$680,883
Net Income$96,171
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$777,054
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,616,985$8,250,308▼ $2,366,677
Investments in Publicly Traded Securities-$2,467,021-
Pledges and Grants Receivable$25,000$25,000→ $0
Intangible Assets$233$233→ $0
Total Assets$10,642,218$10,742,562▲ $100,344
Liabilities
Accounts Payable and Accrued Expenses$22,500$26,673▲ $4,173
Total Liabilities$22,500$26,673▲ $4,173
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,619,718$10,715,889▲ $96,171
Total Net Assets Fund Balance$10,619,718$10,715,889▲ $96,171
Total Liabilities and Net Assets / Fund Balance$10,642,218$10,742,562▲ $100,344
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dorothy SantosExecutive DirectorFT$86,400$86,400

Board Members and Trustees

NameTitle
Ben FryPresident
Lauren Lee McCarthyBoard Member
Xin XinBoard Member
Casey ReasSecretary
Daniel ShiffmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$765,900
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$11,154
All Other Contributions
$765,900
Change in Net Assets
$96,171

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$421,384
Total Noncash Contributions1$421,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$563,991
Salaries, Compensation, and Employee Benefits$116,892
Total Fundraising Expense$54,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$396,670$37,830$17,622$452,122
Other Salaries and Wages$36,502$18,251$18,251$73,004
Payroll Taxes$21,944$10,972$10,972$43,888
Fees for Services Other$0$26,147$0$26,147
Other Expenses$9,856$1,727$7,803$19,386
Information Technology$12,973$0$0$12,973
Office Expenses$12,337$0$0$12,337
Fees for Services Accounting$0$7,750$0$7,750
Fees for Services Legal$0$2,300$0$2,300
Advertising$416$0$0$416
Total Functional Expenses$494,232$132,003$54,648$680,883
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
No
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
Filing and Contact Details

Filer

Filer Name
Processing Foundation Inc
EIN
46-0830259
Phone
9173747063
Address
400 JAY ST, BROOKLYN, NY 11201

Signing Officer

Name
Charles Reinhardt
Title
Finance Manager
Phone
9173747063
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Shiffman
Formed
2012
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
0

Preparer

Firm
Rich and Bander Llp
Address
79 Madison Avenue 2nd Floor, New York, NY 10016
Preparer
Jonathan a Bander
Phone
2126842470
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The director reviews form 990 prior to filing”

Pt VI, Line 12C

“Officers/directors are required to disclose conflicts of interest annually.”

Form 990, Part IX, Line 24E

“Consultants 258847. 237497. 4175. 17175.”

Form 990, Part IX, Line 24E

“Fellowships 36000. 36000. 0. 0.”

Form 990, Part IX, Line 24E

“Mentors 103808. 103808. 0. 0.”

Form 990, Part IX, Line 24E

“Gifts 10724. 10724. 0. 0.”

Form 990, Part IX, Line 24E

“Payroll processing fee 1788. 894. 447. 447.”

Form 990, Part IX, Line 24E

“Training expense 4995. 4995. 0. 0.”

Form 990, Part IX, Line 24E

“Equipment expense 2752. 2752. 0. 0.”

Form 990, Part IX, Line 24E

“Unrealized gain and loss 33208. 0. 33208. 0.”

Raw XML AppendixShowing 400 of 401 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt022500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt026673
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The 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.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0416
IRS990/AdvertisingGrp/TotalAmt0416
IRS990/AllOtherContributionsAmt0765900
IRS990/AllOtherExpensesGrp/FundraisingAmt017622
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt037830
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0396670
IRS990/AllOtherExpensesGrp/TotalAmt0452122
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09173747063
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0400 JAY ST 175
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011201
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt010616985
IRS990/CashNonInterestBearingGrp/EOYAmt08250308
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0765900
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0563991
IRS990/CYOtherRevenueAmt011154
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt096171
IRS990/CYSalariesCompEmpBnftPaidAmt0116892
IRS990/CYTotalExpensesAmt0680883
IRS990/CYTotalFundraisingExpenseAmt054648
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0777054
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Developing processing software, both the core application programming interface (API) and the programming environment, the processing development environment (PDE)
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0494232
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07750
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt07750
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02300
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt02300
IRS990/FeesForServicesOtherGrp/FundraisingAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt026147
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt026147
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt510.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Dorothy Santos
IRS990/Form990PartVIISectionAGrp/PersonNm1Ben Fry
IRS990/Form990PartVIISectionAGrp/PersonNm2Casey Reas
IRS990/Form990PartVIISectionAGrp/PersonNm3Daniel Shiffman
IRS990/Form990PartVIISectionAGrp/PersonNm4Xin Xin
IRS990/Form990PartVIISectionAGrp/PersonNm5Lauren Lee McCarthy
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt086400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0777054
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt012973
IRS990/InformationTechnologyGrp/TotalAmt012973
IRS990/IntangibleAssetsGrp/BOYAmt0233
IRS990/IntangibleAssetsGrp/EOYAmt0233
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02467021
IRS990/IRPDocumentCnt062
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt010619718
IRS990/NetAssetsOrFundBalancesEOYAmt010715889
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010619718
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010715889
IRS990/NoncashContributionsAmt0421384
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt012337
IRS990/OfficeExpensesGrp/TotalAmt012337
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0Printing
IRS990/OtherExpensesGrp/Desc1Merchant Processing Fees
IRS990/OtherExpensesGrp/Desc2Travel
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt37803
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt127026
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31727
IRS990/OtherExpensesGrp/ProgramServicesAmt0628
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt22906
IRS990/OtherExpensesGrp/ProgramServicesAmt39856
IRS990/OtherExpensesGrp/TotalAmt0628
IRS990/OtherExpensesGrp/TotalAmt127026
IRS990/OtherExpensesGrp/TotalAmt22906
IRS990/OtherExpensesGrp/TotalAmt319386
IRS990/OtherRevenueMiscGrp/BusinessCd0519200
IRS990/OtherRevenueMiscGrp/Desc0Referral fees
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011154
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011154
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt011154
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018251
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018251
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt036502
IRS990/OtherSalariesAndWagesGrp/TotalAmt073004
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt010972
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010972
IRS990/PayrollTaxesGrp/ProgramServicesAmt021944
IRS990/PayrollTaxesGrp/TotalAmt043888
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DANIEL SHIFFMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt010937089
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0934
IRS990/PYInvestmentIncomeAmt0-48037
IRS990/PYOtherExpensesAmt0442086
IRS990/PYOtherRevenueAmt022314
IRS990/PYRevenuesLessExpensesAmt010468346
IRS990/PYTotalExpensesAmt0443020
IRS990/PYTotalRevenueAmt010911366
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt096171
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0765900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010937089
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0254521
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0148985
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0163820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012270315
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99960
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt012270315
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0765900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010937089
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0254521
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0148985
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0163820
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012270315
IRS990ScheduleA/TotalSupportAmt012275559
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt02944
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt01146
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt01154
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt05244
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Crypto assets
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0421384
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTOR REVIEWS FORM 990 PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS/DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONSULTANTS 258847. 237497. 4175. 17175.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FELLOWSHIPS 36000. 36000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MENTORS 103808. 103808. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GIFTS 10724. 10724. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PAYROLL PROCESSING FEE 1788. 894. 447. 447.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRAINING EXPENSE 4995. 4995. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8EQUIPMENT EXPENSE 2752. 2752. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9UNREALIZED GAIN AND LOSS 33208. 0. 33208. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010642218
IRS990/TotalAssetsEOYAmt010742562
IRS990/TotalAssetsGrp/BOYAmt010642218
IRS990/TotalAssetsGrp/EOYAmt010742562
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0765900
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt054648
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0132003
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0494232
IRS990/TotalFunctionalExpensesGrp/TotalAmt0680883
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022500
IRS990/TotalLiabilitiesEOYAmt026673
IRS990/TotalLiabilitiesGrp/BOYAmt022500
IRS990/TotalLiabilitiesGrp/EOYAmt026673
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt010619718
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt010715889
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0494232
IRS990/TotalReportableCompFromOrgAmt086400
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011154
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0777054
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010642218
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010742562
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0400 JAY ST 175
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011201
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0processingfoundation.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES REINHARDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCE MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum09173747063
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROCESSING FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PROC
ReturnHeader/Filer/EIN0460830259
ReturnHeader/Filer/PhoneNum09173747063
ReturnHeader/Filer/USAddress/AddressLine1Txt0400 JAY ST
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202747426
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RICH AND BANDER LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt079 Madison Avenue 2nd Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010016
ReturnHeader/PreparerPersonGrp/PhoneNum02126842470
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JONATHAN A BANDER
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-15T14:18:22-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REINHARDT
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,742,562
Liabilities
$26,673
Net assets
$10,715,889
Revenue
$777,054
Expenses
$680,883
Net income
$96,171
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