Civic Intelligence

Jamaica Bobsled Foundation

990 • Fiscal year 2016 • EIN 47-1264041

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

Organization ProfileN/A
40 Sheridan AveCongers, NY 10920

(646) 391-6669

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Revenue Growth

85th percentile

47%

Faster revenue growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$16,582

Up $16,582 from 2015

Net Assets

Up

$16,182

Up $16,182 from 2015

Liabilities

Up

$400

Up $400 from 2015

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin68th percentile

Revenue

Up

$127,404

Up $40,861 (+47%) from 2015

Expenses

Up

$111,222

Up $24,679 (+29%) from 2015

Net Income

Up

$16,182

Up $16,182 from 2015

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $16,582Liabilities 2016: $400Net Assets 2016: $16,1822016Assets 2017: $50,392Liabilities 2017: $11,100Net Assets 2017: $39,2922017Assets 2018: $24,946Liabilities 2018: $18,600Net Assets 2018: $6,3462018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2016

Assets$16,582
Liabilities$400
Net Assets$16,182
Open 2016 Filing

Operations Trend

Revenue Growth85th percentile

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

$200K$150K$100K$50K$0Revenue 2015: $86,543Expenses 2015: $86,543Net Income 2015: $02015Revenue 2016: $127,404Expenses 2016: $111,222Net Income 2016: $16,1822016Revenue 2017: $175,182Expenses 2017: $152,072Net Income 2017: $23,1102017Revenue 2018: $66,568Expenses 2018: $62,314Net Income 2018: $4,2542018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019

Highlighted filing

2016

Revenue$127,404
Expenses$111,222
Net Income$16,182
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 15, 2017
Return Version
2016v3.0
Gross Receipts
$127,404
Mission and Program Overview

Mission

1. Recruited, trained and developed four new athletes 2. Competed on th north american and world cup bobsled circuits in europe 3. Qualified to compete in the 2018 olympic games in korea

Training and developing athletes to qualify for the winter olympics

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$16,182-
Savings and Temporary Cash Investments-$400-
Loans From Officers Directors-$400-
Total Assets$0$16,582▲ $16,582
Liabilities
Total Liabilities$0$400▲ $400
Net Assets / Fund Balance
Unrestricted Net Assets-$16,182-
Total Net Assets Fund Balance$0$16,182▲ $16,182
Total Liabilities and Net Assets / Fund Balance$0$16,582▲ $16,582
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Devon HarrisBoard Chairman
Christian StokesBoard Member
Dudley StokesBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$127,404
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$107,932
Change in Net Assets
$16,182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,222
Total Fundraising Expense$11,747
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$46,649--$46,649
Fees for Services Other$29,545$1,255-$30,800
Occupancy$4,750-$5,820$10,570
Advertising$2,431-$5,927$8,358
Benefits to Members$7,000--$7,000
Insurance$5,214--$5,214
Fees for Services Accounting-$1,384-$1,384
Information Technology-$660-$660
Office Expenses-$587-$587
Total Functional Expenses$95,589$3,886$11,747$111,222
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$400-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section C, Line 19

“The organization makes its governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Jamaica Bobsled Foundation Inc
EIN
47-1264041
In Care Of
% DEVON HARRIS
Phone
6463916669
Address
40 SHERIDAN AVE, CONGERS, NY 10920

Signing Officer

Name
Devon Harris
Title
Chairman
Phone
6463916669
Signed
2017-04-15

Organization Details

Formed
2014
Legal Domicile
Ny
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
The Koger Group Dba H and R Block
Address
2503 A C POWELL JR BLVD, NEW YORK, NY 10039
Preparer
Derrick Howard
Phone
2122831510
Raw XML Appendix299 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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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/FilingSecurityInformation/IPTm010:30:05
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010039
ReturnHeader/PreparerPersonGrp/PhoneNum02122831510
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DERRICK HOWARD
ReturnHeader/ReturnTs02017-04-15T15:19:48Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,582
Liabilities
$400
Net assets
$16,182
Revenue
$127,404
Expenses
$111,222
Net income
$16,182
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2018Summary only. Only limited summary data is available for this year.$0.25$0.19$0.06$0.67$0.62$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.50$0.11$0.39$1.75$1.52$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.16$1.27$1.11$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.87$0.87$0.00