Civic Intelligence

Net Positive Inc.

990EZ • Fiscal year 2015 • EIN 46-2666977

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 03, 2016

298 Northampton StreetBuffalo, NY 14208

(716) 220-8842

Siviq Scores

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

Liabilities / Assets

86th percentile

0.57x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • NTEE P80 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

1.16x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • NTEE P80 • <$500k nonprofits • Source year 2015

Net Margin

50th percentile

4.5%

Higher net margin than 50% of similar nonprofits.

2015 filings • NTEE P80 • <$500k nonprofits • Source year 2015

Top Officer Pay

82nd percentile

$24,320

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 18.9% of source-year revenue.

2015 filings • NTEE P80 • <$500k nonprofits • Source year 2015

Asset Growth

41st percentile

-0.5%

Faster asset growth than 41% of similar nonprofits.

2015 filings • NTEE P80 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

2015 filings • NTEE P80 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$265,174

Down $1,412 (-0.5%) from 2014

Net Assets

$115,165

No earlier filing loaded for comparison.

Liabilities

Down

$150,009

Down $7,172 (-4.6%) from 2014

Revenue

Down

$128,922

Down $15,298 (-11%) from 2014

Expenses

Up

$123,162

Up $64,478 (+110%) from 2014

Net Income

Down

$5,760

Down $79,776 (-93%) from 2014

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 2014: $266,586Liabilities 2014: $157,1812014Assets 2015: $265,174Liabilities 2015: $150,009Net Assets 2015: $115,1652015Assets 2016: $249,124Liabilities 2016: $132,378Net Assets 2016: $116,7462016Assets 2017: $293,703Liabilities 2017: $135,924Net Assets 2017: $157,7792017Assets 2018: $401,684Liabilities 2018: $139,303Net Assets 2018: $262,3812018Assets 2019: $527,196Liabilities 2019: $241,198Net Assets 2019: $285,9982019Assets 2020: $544,923Liabilities 2020: $195,273Net Assets 2020: $349,6502020Assets 2021: $676,277Liabilities 2021: $194,412Net Assets 2021: $481,8652021Assets 2022: $661,783Liabilities 2022: $200,470Net Assets 2022: $461,3132022Assets 2023: $1,103,025Liabilities 2023: $241,636Net Assets 2023: $861,3892023Assets 2024: $1,498,548Liabilities 2024: $410,412Net Assets 2024: $1,088,1362024

Highlighted filing

2015

Assets$265,174
Liabilities$150,009
Net Assets$115,165

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $144,220Expenses 2014: $58,684Net Income 2014: $85,5362014Revenue 2015: $128,922Expenses 2015: $123,162Net Income 2015: $5,7602015Revenue 2016: $117,140Expenses 2016: $115,559Net Income 2016: $1,5812016Revenue 2017: $210,513Expenses 2017: $169,480Net Income 2017: $41,0332017Revenue 2018: $339,182Expenses 2018: $234,580Net Income 2018: $104,6022018Revenue 2019: $290,977Expenses 2019: $291,202Net Income 2019: -$2252019Revenue 2020: $342,102Expenses 2020: $278,450Net Income 2020: $63,6522020Revenue 2021: $474,364Expenses 2021: $347,545Net Income 2021: $126,8192021Revenue 2022: $414,730Expenses 2022: $435,282Net Income 2022: -$20,5522022Revenue 2023: $913,103Expenses 2023: $532,305Net Income 2023: $380,7982023Revenue 2024: $1,292,833Expenses 2024: $1,095,126Net Income 2024: $197,7072024

Highlighted filing

2015

Revenue$128,922
Expenses$123,162
Net Income$5,760
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 3, 2016
Return Version
2015v2.1
Gross Receipts
$129,392
Mission and Program Overview

Mission

The Foundry uses an inclusive approach to advance individuals through hands-on learning, entrepreneurship, and exposure to possibilities.

To foster economically, ecologically, socially viable neighborhood systems in the East Side of Buffalo, NY, promote community arts, provide mentoring and training opportunities to low income and underemployed employee and facilitate local and small green business development for disadvantage groups.

Program Services

DescriptionGrantsExpenses
To foster economically, ecologically, socially viable neighborhood systems in the East Side of Buffalo, NY, promote community arts, provide mentoring and training opportunities to low income and underemployed employee and facilitate local and small green business development for disadvantage groups.$0$123,162
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Megan McNallyExecutive DirectorFT$0$24,320$24,320
Kevin HayesPast Treasurer-$0--
Sarah FonziPresident-$0--
Russ ReinagelMember-$0--
Tamara LewisSecretary-$0--
Scott CassetyTreasurer-$0--
Ekua Mends-AidooMember-$0--
Lonnie BarlowMember-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bid to Build$27,231$27,231$470$26,761
Total Events$27,231$27,231$470$26,761
Filing and Contact Details

Filer

Filer Name
Net Positive Inc
EIN
46-2666977
Phone
7162208842
Address
298 Northampton Street, Buffalo, NY 14208

Signing Officer

Name
Megan McNally
Title
Executive Director
Phone
7162208842
Signed
2016-10-03
Discuss with paid preparer
Yes

Preparer

Firm
Kirisits & Associates CPAs PLLC
Address
1231 Delaware Avenue Suite 6, Buffalo, NY 14209
Preparer
Lisa M Kirisits CPA
Phone
7168810089
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest income . Amount: 16.

Form 990-EZ, Part I, Line 14

Description: Depreciation. Amount: 10,734. Description: Other Expenses. Amount: 49,373. Total to Form 990-EZ, line 14: 60,107.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Bank fees . Amount: 4,000. Description: Computer/ Internet . Amount: 647. Description: Advertising . Amount: 2,840. Description: Insurance . Amount: 7,392. Description: Interest . Amount: 10,095. Description: Supplies . Amount: 1,690. Description: Leased employees . Amount: 31,835. Description: Office expense . Amount: 2,480. Description: Travel . Amount: 28. Total to Form 990-EZ, line 16: 61,007.

Form 990-EZ, Part II, Line 24 - Other Assets

Description: Other receivables . Beg. of Year Amount: 1,125. End of Year Amount: 42,149. Description: Accounts receivable . Beg. of Year Amount: 65,557. End of Year Amount: 3,270. Description: Escrow. Beg. of Year Amount: 3,000. End of Year Amount: 0. Description: Prepaid expenses. Beg. of Year Amount: 1,425. End of Year Amount: 0. Description: Other Depreciable Assets. Beg. of Year Amount: 6,350. End of Year Amount: 5,379.

Form 990-EZ, Part II, Line 26 - Other Liabilities

Description: Accounts payable . Beg. of Year Amount: 1,998. End of Year Amount: 4,550. Description: Security deposits . Beg. of Year Amount: 293. End of Year Amount: 470. Description: Loans payable . Beg. of Year Amount: 154,890. End of Year Amount: 144,989. Description: Retained earnings . Beg. of Year Amount: 0. End of Year Amount: 0.

Raw XML Appendix224 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/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To foster economically, ecologically, socially viable neighborhood systems in the East Side of Buffalo, NY, promote community arts, provide mentoring and training opportunities to low income and underemployed employee and facilitate local and small green business development for disadvantage groups.
IRS990EZ/ProgramServiceRevenueAmt050641
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To foster economically, ecologically, socially viable neighborhood systems in the East Side of Buffalo, NY, promote community arts, provide mentoring and training opportunities to low income and underemployed employee and facilitate local and small green business development for disadvantage groups.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/WebsiteAddressTxt0http://www.thefoundrybuffalo.org/
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1Kyle McNally
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Executive Director
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest income . Amount: 16.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Depreciation. Amount: 10,734. Description: Other Expenses. Amount: 49,373. Total to Form 990-EZ, line 14: 60,107.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Bank fees . Amount: 4,000. Description: Computer/ Internet . Amount: 647. Description: Advertising . Amount: 2,840. Description: Insurance . Amount: 7,392. Description: Interest . Amount: 10,095. Description: Supplies . Amount: 1,690. Description: Leased employees . Amount: 31,835. Description: Office expense . Amount: 2,480. Description: Travel . Amount: 28. Total to Form 990-EZ, line 16: 61,007.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Other receivables . Beg. of Year Amount: 1,125. End of Year Amount: 42,149. Description: Accounts receivable . Beg. of Year Amount: 65,557. End of Year Amount: 3,270. Description: Escrow. Beg. of Year Amount: 3,000. End of Year Amount: 0. Description: Prepaid expenses. Beg. of Year Amount: 1,425. End of Year Amount: 0. Description: Other Depreciable Assets. Beg. of Year Amount: 6,350. End of Year Amount: 5,379.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description: Accounts payable . Beg. of Year Amount: 1,998. End of Year Amount: 4,550. Description: Security deposits . Beg. of Year Amount: 293. End of Year Amount: 470. Description: Loans payable . Beg. of Year Amount: 154,890. End of Year Amount: 144,989. Description: Retained earnings . Beg. of Year Amount: 0. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 4 - Other Investment Income
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Megan McNally
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07162208842
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Net Positive Inc
ReturnHeader/Filer/BusinessNameControlTxt0NETP
ReturnHeader/Filer/EIN0462666977
ReturnHeader/Filer/PhoneNum07162208842
ReturnHeader/Filer/USAddress/AddressLine1Txt0298 Northampton Street
ReturnHeader/Filer/USAddress/CityNm0Buffalo
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014208
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261689358
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kirisits & Associates CPAs PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01231 Delaware Avenue Suite 6
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Buffalo
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014209
ReturnHeader/PreparerPersonGrp/PhoneNum07168810089
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lisa M Kirisits CPA
ReturnHeader/ReturnTs02016-10-17T13:05:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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