Civic Intelligence

Modacares Foundation Inc.

990EZ • Fiscal year 2018 • EIN 46-5741421

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 09, 2019

Organization ProfileWWW.FASHION4DEVELOPMENT.COM
16-22 201st StreetBayside, NY 11360

(917) 806-0090

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

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

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.00x

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

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Net Margin

37th percentile

-0.0%

Higher net margin than 37% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2018 filings • NTEE Q33 • <$500k nonprofits • Source year 2018

Asset Growth

23rd percentile

-22%

Faster asset growth than 23% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

208%

Faster revenue growth than 94% of similar nonprofits.

2018 filings • NTEE Q33 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$244

Down $70 (-22%) from 2017

Net Assets

Down

$244

Down $70 (-22%) from 2017

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue73rd percentileNet Margin37th percentile

Revenue

Up

$152,218

Up $102,718 (+208%) from 2017

Expenses

Up

$152,288

Up $103,011 (+209%) from 2017

Net Income

Down

-$70

Down $293 (-131%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$15K$10K$5.0K$0Assets 2017: $314Net Assets 2017: $3142017Assets 2018: $244Liabilities 2018: $0Net Assets 2018: $2442018Assets 2019: $197Liabilities 2019: $0Net Assets 2019: $1972019Assets 2021: $8,292Liabilities 2021: $0Net Assets 2021: $8,2922021Assets 2022: $10,007Liabilities 2022: $0Net Assets 2022: $10,0072022Assets 2023: $276Liabilities 2023: $0Net Assets 2023: $2762023Assets 2024: $1,412Liabilities 2024: $0Net Assets 2024: $1,4122024

Highlighted filing

2018

Assets$244
Liabilities$0
Net Assets$244
Open 2018 Filing

Operations Trend

Revenue Growth94th percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $49,500Expenses 2017: $49,277Net Income 2017: $2232017Revenue 2018: $152,218Expenses 2018: $152,288Net Income 2018: -$702018Revenue 2019: $75,000Expenses 2019: $75,047Net Income 2019: -$472019Revenue 2021: $119,796Expenses 2021: $111,651Net Income 2021: $8,1452021Revenue 2022: $249,317Expenses 2022: $247,602Net Income 2022: $1,7152022Revenue 2023: $245,793Expenses 2023: $255,524Net Income 2023: -$9,7312023Revenue 2024: $246,646Expenses 2024: $245,510Net Income 2024: $1,1362024

Highlighted filing

2018

Revenue$152,218
Expenses$152,288
Net Income-$70
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 9, 2019
Return Version
2018v3.1
Gross Receipts
$152,218
Mission and Program Overview

Mission

The organization's primary goal is to help establish sustainable companies and enhance economic development by providing mentorship on production and distribution aspects as well as organizes special events to generate visibility around the brand.

The organization's mission is to help establish sustainable companies and enhance economic development by providing mentorship on production and distribution aspects as well as organizing special events to generate visibility around the brand.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION PRODUCED EVENTS TO RAISE AWARENESS OF THE FASHION INDUSTRY'S ROLE IN LEADING SUSTAINABLE ECONOMIC GROWTH WORLDWIDE.$0$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EUGENIA EVANGELOUDirectorPT$0--
EVIE EVANGELOUPresidentPT$0--
MERCEDES ALAGNATreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Modacares Foundation Inc
EIN
46-5741421
Phone
9178060090
Address
16-22 201ST STREET, BAYSIDE, NY 11360

Signing Officer

Name
Evie Evangelou
Title
President
Phone
9178060090
Signed
2019-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Lilling & Company Llp
Address
2 SEAVIEW BLVD SUITE 200, PORT WASHINGTON, NY 11050
Preparer
Thomas J Sherwood
Phone
5168291099
Supplemental Narrative

Additional Explanations

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

“Description: fashion exhibit venue expenses. Amount: 39008. Description: productions costs. Amount: 76674. Description: travel & entertainment. Amount: 6607. Description: website. Amount: 570. Description: telephone. Amount: 900. Description: transportation costs. Amount: 9600. Total to form 990-ez, line 16: 133359.”

Raw XML Appendix145 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum09178060090
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016-22 201ST STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BAYSIDE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011360
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0314
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt0-70
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IRS990EZ/GrossReceiptsAmt0152218
IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/LobbyingActivitiesInd00
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EUGENIA EVANGELOU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EVIE EVANGELOU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MERCEDES ALAGNA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0133359
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO HELP ESTABLISH SUSTAINABLE COMPANIES AND ENHANCE ECONOMIC DEVELOPMENT BY PROVIDING MENTORSHIP ON PRODUCTION AND DISTRIBUTION ASPECTS AS WELL AS ORGANIZING SPECIAL EVENTS TO GENERATE VISIBILITY AROUND THE BRAND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION PRODUCED EVENTS TO RAISE AWARENESS OF THE FASHION INDUSTRY'S ROLE IN LEADING SUSTAINABLE ECONOMIC GROWTH WORLDWIDE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0152288
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0152218
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FASHION4DEVELOPMENT.COM
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0152218
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt049500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0201718
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0201718
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0152218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt049500
IRS990ScheduleA/Total509Grp/TotalAmt0201718
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0152218
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt049500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0201718
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: FASHION EXHIBIT VENUE EXPENSES. AMOUNT: 39008. DESCRIPTION: PRODUCTIONS COSTS. AMOUNT: 76674. DESCRIPTION: TRAVEL & ENTERTAINMENT. AMOUNT: 6607. DESCRIPTION: WEBSITE. AMOUNT: 570. DESCRIPTION: TELEPHONE. AMOUNT: 900. DESCRIPTION: TRANSPORTATION COSTS. AMOUNT: 9600. TOTAL TO FORM 990-EZ, LINE 16: 133359.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EVIE EVANGELOU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09178060090
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MODACARES FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MODA
ReturnHeader/Filer/EIN0465741421
ReturnHeader/Filer/PhoneNum09178060090
ReturnHeader/Filer/USAddress/AddressLine1Txt016-22 201ST STREET
ReturnHeader/Filer/USAddress/CityNm0BAYSIDE
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.56.149.162
ReturnHeader/FilingSecurityInformation/IPDt02019-11-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm017:44:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133447681
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LILLING & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 SEAVIEW BLVD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORT WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011050
ReturnHeader/PreparerPersonGrp/PhoneNum05168291099
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J SHERWOOD
ReturnHeader/ReturnTs02019-11-12T14:08:28-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$244
Liabilities
$0
Net assets
$244
Revenue
$152,218
Expenses
$152,288
Net income
-$70
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$2.47$2.46$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.46$2.56$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$2.49$2.48$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$1.20$1.12$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.75$0.75$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.52$1.52$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.50$0.49$0.00