Civic Intelligence

Green Beetz Inc.

990 • Fiscal year 2016 • EIN 46-3562371

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

38 East 63rd StreetNew York, NY 10065

(212) 572-3695

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.14x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Net Margin

54th percentile

6.4%

Higher net margin than 54% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$3,380

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Asset Growth

83rd percentile

45%

Faster asset growth than 83% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

29th percentile

-14%

Faster revenue growth than 29% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$46,297

Up $14,398 (+45%) from 2015

Net Assets

Up

$39,797

Up $7,898 (+25%) from 2015

Liabilities

Up

$6,500

Up $6,500 from 2015

Revenue

Down

$248,285

Down $39,847 (-14%) from 2015

Expenses

Down

$232,399

Down $46,990 (-17%) from 2015

Net Income

Up

$15,886

Up $7,143 (+82%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $113,300Liabilities 2013: $0Net Assets 2013: $113,3002013Assets 2014: $23,156Liabilities 2014: $0Net Assets 2014: $23,1562014Assets 2015: $31,899Liabilities 2015: $0Net Assets 2015: $31,8992015Assets 2016: $46,297Liabilities 2016: $6,500Net Assets 2016: $39,7972016Assets 2017: $32,359Liabilities 2017: $6,351Net Assets 2017: $26,0082017Assets 2018: $78,484Liabilities 2018: $253Net Assets 2018: $78,2312018Assets 2019: $218,826Liabilities 2019: $1,313Net Assets 2019: $217,5132019Assets 2020: $52,989Liabilities 2020: $4,848Net Assets 2020: $48,1412020Assets 2021: $48,986Liabilities 2021: $3,705Net Assets 2021: $45,2812021Assets 2022: $80,113Liabilities 2022: $6,239Net Assets 2022: $73,8742022Assets 2023: $106,708Liabilities 2023: $8,453Net Assets 2023: $98,2552023Assets 2024: $73,325Liabilities 2024: $6,517Net Assets 2024: $66,8082024

Highlighted filing

2016

Assets$46,297
Liabilities$6,500
Net Assets$39,797

Operations Trend

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

$400K$200K$0-$200KRevenue 2013: $143,136Expenses 2013: $134,086Net Income 2013: $9,0502013Revenue 2014: $274,364Expenses 2014: $265,954Net Income 2014: $8,4102014Revenue 2015: $288,132Expenses 2015: $279,389Net Income 2015: $8,7432015Revenue 2016: $248,285Expenses 2016: $232,399Net Income 2016: $15,8862016Revenue 2017: $254,334Expenses 2017: $268,123Net Income 2017: -$13,7892017Revenue 2018: $287,151Expenses 2018: $234,928Net Income 2018: $52,2232018Revenue 2019: $351,495Expenses 2019: $212,213Net Income 2019: $139,2822019Revenue 2020: $30,553Expenses 2020: $199,925Net Income 2020: -$169,3722020Revenue 2021: $86,523Expenses 2021: $89,383Net Income 2021: -$2,8602021Revenue 2022: $186,657Expenses 2022: $158,064Net Income 2022: $28,5932022Revenue 2023: $218,934Expenses 2023: $194,553Net Income 2023: $24,3812023Revenue 2024: $153,616Expenses 2024: $188,410Net Income 2024: -$34,7942024

Highlighted filing

2016

Revenue$248,285
Expenses$232,399
Net Income$15,886
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.1
Gross Receipts
$267,245
Mission and Program Overview

Mission

Green beetz inc. Harnesses media, entertainment and technology to innovate nutrition education and make healthy eating fun and cool for kids.

Green beetz is a non-profit organization with the mission to empower middle schoolers to navigate the complex issues surrounding food in the 21st century.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,900$46,297▲ $14,397
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$31,900$46,297▲ $14,397
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,989$6,500▼ $1,489
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$7,989$6,500▼ $1,489
Net Assets / Fund Balance
Temporarily Rstr Net Assets$0$41,055▲ $41,055
Permanently Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$23,911$-1,258▼ $25,169
Total Net Assets Fund Balance$23,911$39,797▲ $15,886
Total Liabilities and Net Assets / Fund Balance$31,900$46,297▲ $14,397
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracy KemblePrinciple OfficerFT$3,380$3,380

Board Members and Trustees

NameTitle
Jasmine McculloughAssociate Art Director
Andrea HaddockBoard Member
Andrew ChapmanBoard Member
Anna ChapmanBoard Member
Eden WilliamsBoard Member
Addavail CoslettSecretary
Deana Mcdermott End 41516Treasurer
Sara Colorado Beg 41516Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$248,285
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$232,945
Change in Net Assets
$15,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$248,285
Revenue Not Reported on Form 990
$70,500
Total Revenue per Audited Statements
$318,785
Total Revenue per Form 990
$248,285
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,019
Total Fundraising Expense$17,023
Salaries, Compensation, and Employee Benefits$3,380
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses-$12,707-$12,707
All Other Expenses$7,701--$7,701
Current Officers, Directors, Trustees, and Key Employees$2,535$845-$3,380
Other Expenses$2,700$12,739$17,023$2,700
Advertising$500$1,500-$2,000
Total Functional Expenses$187,585$27,791$17,023$232,399

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$321,859
Expenses per Audited Statements$232,399
Total Expenses per Form 990$232,399
Expenses Not Reported on Form 990$89,460
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,960
Fundraising Gross Income$18,960
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Family Fun Day$34,300$18,960$18,960$0
Total Events$34,300$18,960$18,960-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, SECTION A, LINE 2:

Anna chapman and andrew chapman are siblings.

FORM 990, PART VI, SECTION B, LINE 11:

A cpoy of form 990 along with the financial statements has been distributed to the board members.

FORM 990, PART VI, SECTION B, LINE 12C:

The organization regulary and consistently monitors and enforces compliance with conflict of interest policy.

FORM 990, PART VI, SECTION B, LINE 15B:

The compensation for the executive director was reviewed and approved by the board.

FORM 990, PARTVI, SECTION C, LINE 19:

These documents are in process.

Filing and Contact Details

Filer

Filer Name
Green Beetz Inc
EIN
46-3562371
In Care Of
% EDWARD MAMMONE
Phone
2125723695
Address
38 EAST 63RD STREET, NEW YORK, NY 10065

Signing Officer

Name
Sara Colorado
Title
Treasurer
Phone
2125723695
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Colorado
Formed
2013
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
4
Employees
2
Volunteers
10

Preparer

Firm
Frankel Loughran Starr & Vallone
Address
1475 FRANKLIN AVENUE, GARDEN CITY, NY 11530
Preparer
Seth L Starr
Phone
5168748800
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Navigate the complex issues surrounding food in the 21st century. Green beetz innovative, holistic curriculum incorporates media and inquiry-based activities, inviting students to consider how food impacts the enviornment, their bodies and the world around them.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAVIGATE THE COMPLEX ISSUES SURROUNDING FOOD IN THE 21ST CENTURY. GREEN BEETZ INNOVATIVE, HOLISTIC CURRICULUM INCORPORATES MEDIA AND INQUIRY-BASED ACTIVITIES, INVITING STUDENTS TO CONSIDER HOW FOOD IMPACTS THE ENVIORNMENT, THEIR BODIES AND THE WORLD AROUND THEM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNA CHAPMAN AND ANDREW CHAPMAN ARE SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A CPOY OF FORM 990 ALONG WITH THE FINANCIAL STATEMENTS HAS BEEN DISTRIBUTED TO THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REGULARY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION FOR THE EXECUTIVE DIRECTOR WAS REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THESE DOCUMENTS ARE IN PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PARTVI, SECTION C, LINE 19:
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