Civic Intelligence

Palisades Park Cultural Center Nj Inc.

EIN 46-1290407 • 501(c)3 • Palisades Park, NJ

Pub. 78 Eligible990-N CoverageNTEE B99

Profile

The specific purposes for which this corporation is organized include, but are not limited to:the gospel dissemination and management of palisades park cultural center and delivery of programs for multicultural historic, educational, ecological, recreational, agricultural, scenic or open space opportunities.

19 E Central BlvdPalisades Park, NJ 07650

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B99 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B99 • <$500k nonprofits • Source year 2021

Net Margin

8th percentile

-92%

Higher net margin than 8% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

NTEE B99 • <$500k nonprofits • Source year 2021

Asset Growth

8th percentile

-77%

Faster asset growth than 8% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-42%

Faster revenue growth than 18% of similar nonprofits.

NTEE B99 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$38,508

Down $131,707 (-77%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$38,508

Down $131,707 (-77%) from 2020

Revenue

Down

$2,878

Down $2,121 (-42%) from 2020

Expenses

Up

$5,525

Up $4,762 (+624%) from 2020

Net Income

Down

-$2,647

Down $6,883 (-162%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2014: $82,385Liabilities 2014: $02014Assets 2015: $122,446Liabilities 2015: $02015Assets 2016: $130,768Liabilities 2016: $0Net Assets 2016: $130,7682016Assets 2017: $142,791Liabilities 2017: $0Net Assets 2017: $142,7912017Assets 2018: $154,580Liabilities 2018: $0Net Assets 2018: $154,5802018Assets 2019: $165,979Liabilities 2019: $0Net Assets 2019: $165,9792019Assets 2020: $170,215Liabilities 2020: $0Net Assets 2020: $170,2152020Assets 2021: $38,508Liabilities 2021: $0Net Assets 2021: $38,5082021

Highlighted filing

2021

Assets$38,508
Liabilities$0
Net Assets$38,508

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2014: $82,413Expenses 2014: $28Net Income 2014: $82,3852014Revenue 2015: $51,018Expenses 2015: $10,957Net Income 2015: $40,0612015Revenue 2016: $9,916Expenses 2016: $1,594Net Income 2016: $8,3222016Revenue 2017: $13,225Expenses 2017: $1,202Net Income 2017: $12,0232017Revenue 2018: $13,007Expenses 2018: $1,218Net Income 2018: $11,7892018Revenue 2019: $12,179Expenses 2019: $780Net Income 2019: $11,3992019Revenue 2020: $4,999Expenses 2020: $763Net Income 2020: $4,2362020Revenue 2021: $2,878Expenses 2021: $5,525Net Income 2021: -$2,6472021

Highlighted filing

2021

Revenue$2,878
Expenses$5,525
Net Income-$2,647

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 2, 2022
Return Version
2021v4.0
Gross Receipts
$2,878
Mission and Program Overview

Mission

The specific purposes for which this corporation is organized include, but are not limited to:the gospel dissemination and management of palisades park cultural center and delivery of programs for multicultural historic, educational, ecological, recreational, agricultural, scenic or open space opportunities.

Program Services

DescriptionGrantsExpenses
NONE--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FR CHO MIN HYUNVice Preside-$0--
AHN YONG JINPresidentPT$0--
PAIK JACK KWANGTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Palisades Park Cultural Centerinc
EIN
46-1290407
Phone
2012180620
Address
19 E CENTRAL BLVD, PALISADES PARK, NJ 07650

Signing Officer

Name
Ahn Yong Jin
Title
President
Phone
2016027737
Signed
2022-05-02

Preparer

Firm
Park an & Huh CPA Llp
Address
158 LINWOOD PLZ SUITE 225, FORT LEE, NJ 07024-3700
Preparer
Karl Kisang an Cpaea
Phone
2019441674
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank charges 50 early withdrawal penalty 404 license and permits 82 repair and maintenance 1,500 telephone expense 889 donation to other 2,000 total 4,925

Form 990-ez, Part I, Line 20

Return of contributions -129,060

Form 990-ez, Part III

The specific purposes for which this corporation is organized include, but are not limited to:the gospel dissemination and management of palisades park cultural center and delivery of programs for multicultural historic, educational, ecological, recreational, agricultural, scenic or open space opportunities.

Raw XML Appendix127 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/CityNm0PALISADES PARK
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN OF CONTRIBUTIONS -129,060
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SPECIFIC PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED INCLUDE, BUT ARE NOT LIMITED TO:THE GOSPEL DISSEMINATION AND MANAGEMENT OF PALISADES PARK CULTURAL CENTER AND DELIVERY OF PROGRAMS FOR MULTICULTURAL HISTORIC, EDUCATIONAL, ECOLOGICAL, RECREATIONAL, AGRICULTURAL, SCENIC OR OPEN SPACE OPPORTUNITIES.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
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